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The current invention of molecular ink contains three major aspects, a molecule of metal precursors, a binder and minimum one organic solvent. During ink processing, the degradation of the metal precursor molecule creates conductive metal fragments, the binder ties conductive metal particles together and offers traces with sufficient material characteristics and adhesion to a surface. The solvent is used mostly to help make the ink nicely formatted, although the solvent can also absorb the molecular ink to provide a more relatively homogenous ink and traces produced from it.
Molecular Ink provides a higher degree of durability & efficiency in electronic circuits. They help to improve design and manufacturing improvements in complicated processes such as in-mold electronics. These factors make the molecular ink a perfect option for electronic industries. It would further fuel the global Molecular Inkmarket. However, The most daunting tasks for printed electronics electronics manufacturers are the generation of new substrates, inks, and other components used in printed electronics and their performance optimisation. Therefore, the information gap between various fields involved in the production of printed electronics will lead to the constraints on the global molecular ink industry.
Key Market Driver -
Increase application in electronic industries is driving the market.
Key Market Restraint -
Lack of awareness have restricted the industry growth.
Based on application, the market for molecular ink is further segmented into electronic, optoelectronic, energy, life science, chemical, sensor and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Key players in the molecular ink market includes Ulvac, Corning Precision Material, DOW, Daido Steel, BASF, Materion, Atotech, Macdermid, Kobe Steel, AkzoNobel and others.
Asia Pacific dominated the market for molecular ink in 2019. The molecular inks posseses sub-micron trace thickness that allows the development of small traces in thin dielectric layers across a variety of applications, such as in-mold electronics, printed antenna, sensors and displays. Greater use of printed electronics to build smart and wired gadgets has led to the increase in demand for molecular inks. Emerging economies such as China and India are prominent consumers of molecular inks owing to the rising adoption of printed electronics. Molecular Inks are designed for electronic conductive circuit applications. This efficient feature has resulted in the increased adoption in the electronic industries. This has further fuelled the growth of the molecular Ink in the North America. Europe has shown a steady growth in the global market. The increased demand for advanced printing technologies, improved quality of conductive inks, and compact devices is fueling the growth of the market. Latin America and Middle East and Africa are expected to indicate moderate growth in the near future owing to moderate growth of molecular ink end-use industries.
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In 2017, GGI Solutions signed an agreement with Sun Chemicals to introduce new screen printable molecular inks. The agreement was done to increase the customer base and to expand geographical footprints in the regional market.
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