Functional Printing Materials Market at a CAGR of 25% through 2020. Functional Printing Market | Page 9
Global Functional Printing Market, (in $
Million)
Global Functional Printing Market, By Geography, 2014-2020 ($ Million)
30,000.0
25,000.0
20,000.0
15,000.0
10,000.0
5,000.0
2014
2015
Americas
2016
Europe
2017
2018
APAC
2019
2020
RoW
Source: IndustryARC Analysis and Expert Insights
Europe was the leading geographic region in global functional printing market with total market
worth $2.8 billion in 2014. The European market will remain strong by 2020 with the presence
of key organizations and associations that have been developing new technologies for functional
printing market. This is followed by Asia-Pacific and Americas that have also been witnessing a
tremendous inclination for functional printing in the recent years primarily due to their low cost
production.
Functional printing replaced many electronic components and became the next best alternative
to manufacture the electronic components. The processing time taken is less which is less than a
minute and the deposits for processing can be above 50μm.
Key drivers of Global functional Printing Markets are cost reduction, economic friendly and
industry feasible (high volume).
Major Industries of Global functional Printing Markets are Lighting Industry, Automotive
Industry and Energy.
Key challenges of printed electronics are materials should contain improved process ability
and the process requires high-throughput inline electrical characterization.
Some of the key players in the functional printing market include organizations from the
perspective of both material supplier and end-use components and systems fabricators such as
Thinfilm Electronics, DuPont, Eastman Kodak, AGFA, GSI Technologies, BASF and many
others.