According to the
new market research report the "Functional Printing Market by Materials (Substrate, Inks), Technology
(Inkjet, Screen, Flexo, Gravure), Application (Sensors, Displays, Batteries,
RFID, Lighting, PV, Medical), and Geography (North America, Europe, APAC, ROW)
- Global Forecasts and Analysis 2013 – 2020", growing at a
CAGR of 22.08% from 2013 to 2020.
The demand for a new variety of low cost
electronic products, made possible by a range of printing techniques and
materials, has pushed the demand for ‘functional printing’, across geographies.
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Conventional printing techniques like inkjet,
screen, flexography, gravure, and soon have been modified so as to be capable
of printing on a range of substrates using functional inks. Currently, the
screen printing technique dominates the functional printing market due to it
high reliability, and it is mainly used in the production of RFID antennas and
sensors. The functional printing market is growing as a result of the enormous
opportunities; and is being employed to produce RFID chips, OLED displays,
sensors, and so on.
There are a lot of materials being developed
as substrates and inks for printed products; and these materials are the key to
produce robust and reliable electronics.The developments of new inks; graphene
for instance, and substrates, is further facilitating the companies to adopt
printed electronics using functional printing. Also, the increasing demand for
RFID tags, displays, and biosensors is, further, driving the market for
functional printing. The existing printing technologies are not specially
designed for functional printing purposes but, now, firms are coming up with
printing technologies designed especially for printing electronics.
The functional printing market is segmented
into five categories that include materials, technology, coating, application,
and geography. This report divides the overall market into four major
geographical segments, namely North America, Europe, APAC, and ROW. North
America contributes more when compared to the other segments. The manufacturers
of the functional printing equipment and suppliers of materials are mainly from
North America; as for the APAC region, most of the demand comes, especially,
from China.
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The major companies in functional printing
market are Avery Dennison Corporation (U.S.), BASF SE (Germany), Blue Spark
Technologies (U.S.), DuraTech Industries, Inc. (U.S.), E Ink Holdings, Inc
(Taiwan), Eastman Kodak Company (U.S.), EnfucellOy (Finland), ESMA (Belgium),
GSI Technologies LLC (U.S.),ISORG (France),Kovio, Inc. (U.S.), Mark Andy, Inc.
(U.S.),Nano Solar, Inc. (U.S.), Novaled AG (Germany), Optomec Inc (U.S.), Palo
Alto Research Center Incorporated(PARC) (U.S.), Toppan Forms Co. Ltd (U.S.),
Toyo Ink SC Holdings Co Ltd (U.S.),Trident Industrial Inkjet (U.S.) , Vorbeck
Materials(U.S.), Xaar PLC (U.K.), and Xennia (U.K.).
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