Ag Paste Market Expected to Increase at a CAGR 10.0% through 2016-2024

Transparency Market Research (TMR has announced the addition of the “Key Opinion Leader Management Market: Global Industry Analysis and Opportunity Assessment 2016-2024" report to their offering.

Transparency Market Research observes that the global Ag paste market is moderately fragmented. The market currently faces threat from cheaper substitutes that are being developed by competitors. However, if players can cater to the soaring demand for Ag paste in the solar industry, they can overcome the hurdles to book whopping profits. Currently, the players are focused on expanding their geographical reach by making long-term supply agreements with buyers. The leading players in the global market are Johnson Matthey, Metalor, Dupont, and Heraeus Holding.

According to the research report, the global Ag paste market was valued US$1.9 bn in 2015 and is expected to reach a valuation of US$4.5 bn by the end of 2024. Analysts project that the global market is expected to progress at a CAGR of 10.0% between 2016 and 2024.

Request For Report Sample@

Asia Pacific to Dominate Global Market as it Acquires 56.8% Share by 2024

In terms of geography, the global Ag paste market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. The report points out that Asia Pacific dominated the global market 2015. The demand for Ag paste in Asia Pacific will be attributable to the emergence of the solar industry. The subsequent demand for photovoltaic solar cells is expected have a positive reflection on the overall market.

The application of Ag paste is seen in thermal interface material and EMI shielding. Of these, the thermal interface material segment is projected to dominate the global market throughout the forecast period. By the end of the forecast period, this segment is estimated to hold a share of 76.7% in the overall market. The mounting demand for photovoltaic solar cells in the developing countries is expected to boost the thermal interface material segment.

Request For Report Table of Content (TOC):

Demand for Renewable Energy Contributes to Soaring Revenue of Global Market

Nations across the globe are striving to find sustainable energy solutions to reduce the impact of global warming by cutting down on carbon emissions. This has triggered a mammoth demand for renewable energy around the world, thereby fuelling the need for solar energy. All of these factors put together have led to the emergence of the solar industry and in turn, the demand for photovoltaic (PV) cells. As solar capacities increase, the demand PV cells will also spike, which, in turn, will augment the uptake of Ag paste. The report also states the burgeoning automobile sector is likely to increase the demand for Ag paste as it will be extensively used in in printed circuits of defogging systems, antennae, and alarm circuits. The increasing expenditure on electrical and electronic appliances is also expected to ensure rising demand for Ag paste in the near future.

Availability of Cheaper Alternatives to Restrain Growth of Overall Market

The global Ag paste market is expected to face a few challenges such as availability of cheaper substitutes. The cheaper alternatives include carbon nano materials, aluminum, and copper. The market is also likely to be restrained by varying purity of silver that is used for manufacturing Ag paste. Furthermore, the volatile prices of silver are also likely to create a negative impact on the global market in the near future.

Browse Report@

Contact Details

Company Name: Transparency Market Research (TMR
Issued By: Divakar Kolhe
Phone: +1-518-618-1030
Address: State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States
City: albany
State: New York
Zip: 12207
Country: United States
Website: Visit the website

Keywords : Ag Paste Market,

by Divakar Kolhe (few years ago!)

Latest Press Releases

The Mad Hatter Now Offer a Full Line of Hearth Products and Full Line of Grills

Diabetes Insulin Delivery Pens Market Research Report 2018

Dr Kapadia Provides Tips to Patients Interested in Hair Transplant Procedures

love vashikaran specialist

Solar Blanket Sales Market Report 2018

Spring Bottled Water Market Insights, Forecast to 2025

Biochemical Incubator Sales Market Report 2018

Quinine Sulphate Sales Market Report 2018

Automotive Chassisc System Market Insights, Forecast to 2025

2,6-Dicarboxypyridine market size in key regions like North America, Europe, Asia Pacific an..

Remove this press release ?

Due to extra work required to remove the press-releases we have started charging $1.99 for press release removal.

Your press release will be removed in 24 hours, once the payment has been received.

Search Press Release
e.g. Business, Computer, etc.