Thick Film Materials Market Overview:
Thick film materials market is likely to witness an impressive CAGR of 5.2% during the forecast period. Thick film materials are extensively used to manufacture photovoltaic cells, circuit boards, automotive parts, sensors, LTCC (Low-temperature co-fired ceramic), and other electronic components.
Report Overview:
This new report from Stratview Research analyses the Thick Film Materials Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
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Thick Film Materials Market Segment Insights:
Product Type: conductor paste, resistor paste and others
Based on the product type, the market has been segmented as conductor paste, resistor paste, dielectric paste, and others. The others segment dominated the market, which comprised polymer thick films, solar paste, and precious metal powder. It is estimated that conductor paste will have the second-largest market in the coming five years.
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Application Type: circuit board, electronic components and others
Based on the application type, the market is segmented as circuit board, electronic components, LTCC, sensors, photovoltaic, automotive, and others. The photovoltaic segment is anticipated to lead the market during the forecast period.
A highly/moderately/fragment consolidated Market
Some of the thick film material manufacturers are Heraeus Holding, DuPont, Sun Chemical Corporation, Sumitomo Metal Mining Company, and Koartan.
Region: Asia-Pacific is expected to remain the largest market
In terms of regions, Asia-Pacific is expected to remain the largest market for thick film materials in the coming five years. China will be the growth engine of the region. The market is driven by the increasing demand for electronic components, automotive, medical, and defense. North America and Europe are also estimated to offer substantial growth opportunities during the forecast period.
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