The Functional
Printing Market is expected to reach $13.79 Billion by 2020, at
a CAGR of 22.08% from 2013 to 2020.
The
functional printing market report is a comprehensive research study on the
printing technologies and functional inks used for printing electronics. The
report covers the entire market with a special focus on the various
technologies involved, namely, inkjet, flexo, gravure, screen, and others. The
report also showcases market statistics and insights for the major
applications. The applications covered in the report are displays, lighting,
sensors, photovoltaics, batteries, and RFID.
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The report
contains a detailed comparative study of the major technologies involved in
functional printing. The market statistics for these technologies with respect
to the major applications and geographies have also been presented. A holistic
study of the supporting value chain segments of the market, like the materials
(inks and substrates), has been conducted in perspective of the market. The
market statistics for the end products; that is the applications like displays,
lighting, sensors, photo-voltaics, batteries, and RFID— have been given in the
report. All these statistics shown are aimed at providing the revenue stream of
the functional printing whilst identifying the major revenue pockets.
Functional
printing is a production process that deposits a functional material in a
controlled and selective pattern upon a material. It holds a major potential to
enable the next wave in high volume electronic production. The existing
printing technologies are not only used for printing graphics but, also, have
extended their application for printing electronic components and are, hence,
used for functional printing. It is used for a number of novel
applications like photovoltaic, OLED displays, sensors, RFID, batteries, and
OLED lighting.
The major
factor that is fuelling the growth of the market, currently, is the fact that
it is a low cost manufacturing process. The conventional high-volume-low-cost
printing techniques enable the production of lightweight and robust electronic
components at a lower cost; and this printing process does not involve etching,
metalizing, and copper plating, thus eliminating the wastewater treatment.
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The
stability of the ink for drop formation, the viscosity that must be suitable
for the print heads and the ink interaction with the substrate— is taken into
account while printing. These are the major factors inhibiting the growth of
the market.
The market
has been witnessing the convergence of several industry sectors such as
printing, materials (substrate, inks, and chemicals), and electronics; which
facilitate the development of new products.
The major
companies into the functional printing market are GSI technologies (U.S.),
Eastman Kodak Company (U.S.), Mark Andy Inc (U.S.), Toppan Printing Co.Ltd
(Japan), BASF SE (Germany), DuPont (U.S.), KovioInc (U.S.), Toya Ink
International Corp (U.S.), Vorbeck Materials (U.S.), Haiku Tech (U.S.), Xaar
(U.K.), Avery Dennison (U.S.), Blue spark Technologies Inc (U.S.), Universal
Display Corporation (U.S.), and so on.
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