Silver Powder and Flakes Market, By Type (Silver Powders, Silver Flakes, Nano Powder And Flakes, and Others), By Application (Electronics And Electrical, Photovoltaics, Silver Inks, Automotive, Adhesives, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI248719 | Publish Date: April 2024 | No. of Pages: 180

Global Silver Powder And Flakes Overview

Introduction:

Silver Powder and Flakes Market was valued at US$ 3.09 billion in 2024 and is projected to grow at a CAGR of 7.20% to reach US$ 5.8 billion by 2034.

Silver Powder and Flakes are tiny, crushed bits of silver metal. They are made by smashing silver jewelry, coins, and other items made of silver. Silver flakes and powders may also be made using electrolysis, which employs an electric current to break down an electrically conductive material into smaller particles. Because silver can speed up chemical reactions without being consumed, its use as an industrial catalyst has also increased. These powders and flakes are widely sought-after in the creation of conductive inks, pastes, and coatings because of their exceptional conducting qualities, thermal stability, and oxidation resistance. The strong conductivity of silver ink improves its functionality.

Silver Powder and Flakes are used extensively in the electronics industry. This powder is also included in sealants and adhesives. The global market for silver powder and flakes is expected to benefit from expanding these markets, increasing demand for the product. The necessity for antimicrobial coatings in healthcare institutions, the expanding acceptance of renewable energy sources, and the increased demand for electronic gadgets are the main factors driving the expansion. Furthermore, using silver flakes and powder in cutting-edge applications like flexible electronics and 3D printing would spur market expansion. Car manufacturers use Silver powder and flakes more often in conductive pastes to create flexible, low-resistance electrical circuits.

Moreover, nanotechnology breakthroughs have developed high-performance silver Powder and Flakes with enhanced electrical conductivity, purity, and environmental sustainability. The primary obstacle facing the market, nevertheless, is the volatility of raw silver prices. Due to the impact on product costs and the resultant fluctuations in product prices, consumer demand is decreased. In conclusion, the market for silver flakes and powder is expanding because of its unique qualities and wide range of uses in many sectors of the economy. In the upcoming years, the market is anticipated to increase significantly due to the rising demand for electronic gadgets and investments in renewable energy.

In addition, several developments are influencing the industry and changing its environment.

Introduction - Silver Powder and Flakes Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Global Silver Powder And Flakes Dynamics

Silver Powder and Flakes Market Key Drivers:

Rise in demand from different sectors

  • Circuit boards, displays, and connections in electronic gadgets are made using Silver powder and Flakes. These are also current solid conductors and offer improved adherence for the electronics. Coatings formed from silver powder and flakes demonstrate good fluidity and also resist setting.
  • Silver powder and flakes are utilized in conductive inks, paints, rubbers, and plastics and provide adherence to electrical equipment. They are mostly utilized in glass, printing electronics, silver plating, electrical coating, carbon brushes, and diamond tools. For the target market, the growing automobile sector and the use of electronics and photovoltaic cells have proven advantageous.

Demand for silver flakes in ornamental items

  • Silver flakes are utilized in a wide range of everyday products, including jewelry, art, and décor. They have a shiny sheen, created by hammering thin sheets of pure silver into adorable little squares. These characteristics make silver flakes valuable for jewelry and art, propelling the market expansion of silver flakes and powder. Because silver flakes have excellent adhesive qualities, they may also be applied to paints, inks, rubbers, and plastics.

Silver Powder and Flakes Market Restrains:

Fluctuations in prices of raw materials

  • Despite the fact that silver flakes and powder have many uses, the market may be hampered by the price fluctuation of the metal. The demand for items containing silver flakes and powder may decline as a result of the volatility in silver prices. When a product's costs are somewhat high, the sectors who use it are likely to find an inexpensive alternative that fits within their budget.
  • This can be concerning for the market because it could have an impact on the company's yearly revenue and market share owing to limited demand. Financial difficulties might also result for the businesses who make this product. During the projection period, this aspect may completely condition the market's expansion to be stunted.

Silver Powder and Flakes Market Opportunities:

  • The demand for silver powder and flakes is rising significantly across a range of industries, including electronics, automobiles, and healthcare. Due to their superior thermal stability and electrical conductivity, silver flakes and powder are perfect for use in conductive pastes and electronic components. The market is expanding due to the increasing use of silver nanoparticles for antibacterial applications in the healthcare industry.
  • Furthermore, it is anticipated that the growing need for silver flakes and powder in solar panels and batteries would drive market development even further. The market is expected to rise steadily over the next several years due to increased applications across a range of sectors and technical improvements

Global Silver Powder And Flakes Segmentation

Silver Powder and Flakes Market is segmented based on Type, Application and region:

Type Insights:            

  • Silver Powders:

A silver powder is a form of the metal that has been ground into fine particles. Numerous sectors, including electronics, healthcare, and photography, employ them.

  • Silver Flakes:

Compared to silver powder, silver flakes are flaky, thinner and bigger in size. They are often used in cosmetics, paint, and coatings, among other ornamental uses.

  • Nano Powder And Flakes:

Because of their tiny size, ultrafine silver particles, known as nano-sized silver powders and flakes, provide unique features. For use in cutting-edge electronics and biomedical devices, nano silver particles offer enhanced conductivity and catalytic activity.

  • Others:

The Others category contains various silver particle forms, including granules or irregular shapes, made using diverse techniques and suitable for certain niche markets and unique applications.

Among the segments mentioned above, the silver powders segment dominates the market due to its extensive application in various sectors, including electronics, electrical components, and conductive coatings, where high conductivity is a crucial requirement. Printed circuit boards, electronic gadgets, and other high-tech applications are manufactured using these powders, which is why they are essential to current technology.

Application Insights:

  • Electronics And Electrical:

Circuit boards and electrical conductors are made using silver flakes and powder in the electronics and electrical industries.

  • Photovoltaics:

Solar panels made with silver powder are used to form conductive grid lines in photovoltaic applications, which has greatly aided in the expansion of the renewable energy industry.

  • Silver Inks:

These powdered and flakes-containing silver inks are used to print circuits on electrical equipment. Additionally, solar cells, screens, and sensors are printed using them.

  • Automotive:

Due to their conductivity, corrosion resistance, and reflectivity, silver powders and flakes are used in car electronics, sensors, and coatings, fostering advancements in vehicle technology.

  • Adhesives:

In high-performance applications, adhesives supplemented with silver powder and flakes improve the bonding strength in electronic components, resulting in both mechanical stability and electrical conductivity.

  • Others

Silver flakes and powders are used in many fields, including aerospace, healthcare, and textiles, where their unique qualities improve usefulness and performance.

Among the segments mentioned above, the one that dominated the market is the Electronics And Electrical segment. Silver powders and flakes are widely used in printed circuit boards, electronic components, and conductive adhesives because of their high conductivity and dependability.

 Regional Insights:

Regional Insights - Silver Powder and Flakes Market

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

Silver Powder and Flakes Market Regional Insights

  • The North American market is estimated to witness a significantly large revenue share over the forecast period due to the region's sophisticated electronics industry, automotive sector, and technological innovation. The existence of important companies and research centers supports innovation and market expansion. Stable markets and customer trust are also enhanced by strict laws pertaining to environmental sustainability and product quality.
  • Asia Pacific market is estimated to witness largest revenue share because of the fast industrialization, technological improvements, and growing expenditures in industries like electronics and automotive industries.
  • Europe offers lucrative market opportunities owing to its strong emphasis on sustainability, technical innovation, and regulatory compliance. Investments in renewable energy and electronics production, together with the region's well-established automotive sector, fuel demand for silver-based products.
  • Latin America market is increasing gradually due to the increased need for silver-based materials in coatings, electrical components, and renewable energy applications from the developing automotive, construction, and electronics manufacturing sectors.
  • Middle East & Africa market is an emerging market due to rising demand for automobiles and electronic devices. Investments in technical innovation and renewable energy initiatives also contribute to market expansion.

Report Scope:                      

Attribute

Details

Market Size 2024

US$ 3.09 billion

Projected Market Size 2034

US$ 5.8 billion

CAGR Growth Rate         

7.20%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Silver Powders, Silver Flakes, Nano Powder And Flakes, and Others.

By Application - Electronics And Electrical, Photovoltaics, Silver Inks, Automotive, Adhesives, and Others.

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Silver Powder and Flakes Market report based on Type, Application and region:

Silver Powder and Flakes Market, By Type:

  • Silver Powders
  • Silver Flakes
  • Nano Powder And Flakes
  • Others

Silver Powder and Flakes Market, By Application:

  • Electronics And Electrical
  • Photovoltaics
  • Silver Inks
  • Automotive
  • Adhesives
  • Others

Silver Powder and Flakes Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Silver Powder And Flakes Key Players

The key players operating the Silver Powder and Flakes Market include, E. I. du Pont de Nemours and Company, Johnson Matthey AgT, Ferro Corporation, Ames Goldsmith Corporation, Mitsui mining & smelting, Metalor Technologies SA, CNMC Ningxia Orient Group, Tongling Nonferrous Metals Group Holding, Shin Nihon Kakin, and Guangbo New Nanomaterials Stock.

Global Silver Powder And Flakes Key Issues Addressed

Recent Development:                                                       

  • In February 2023, Ames Goldsmith Corporation and Pyromet Inc., after more than 20 years of business collaboration, have reached an agreement to include Pyromet, Silver Phoenix, and Independent Refining Company (IRC) in the Ames Goldsmith family of businesses. Both businesses are eager to pool their assets and core skills in order to solidify their positions as the top producers of chemicals and precious metal products in North America as well as refiners.
  • In April 2022, MMTC-PAMP India Pvt., India’s biggest bullion refiner announced that it is growing into the industrial silver market due to the expected increase in demand for the metal in South Asia. Industrial silver is used in everything from switches to television screens. At a facility near to its refinery in the state of Haryana, the plant, which has the ability to process around 900 tons of gold and silver, has begun producing silver and alloy contacts, which are used in electrical fuse boxes and switches. With plans to increase productivity by the end of March 2024, the factory will generate over 100 million pieces of contacts.

Global Silver Powder And Flakes Company Profile

  • E. I. du Pont de Nemours and Company*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Johnson Matthey AgT
  • Ferro Corporation
  • Ames Goldsmith Corporation
  • Mitsui mining & smelting
  • Metalor Technologies SA
  • CNMC Ningxia Orient Group
  • Tongling Nonferrous Metals Group Holding
  • Shin Nihon Kakin
  • Guangbo New Nanomaterials Stock

“*” marked represents similar segmentation in other categories in the respective section.

Global Silver Powder And Flakes Table of Contents

Research Objective and Assumption

  • Preface
  • Research Objectives
  • Study Scope
  • Years Considered for the study
  • Assumptions
  • Abbreviations

Research Methodology

  • Research data
  • Primary Data
    • Primary Interviews
    • Primary Breakdown
    • Key data from Primary Sources
    • Key Thickness Insights
  • Secondary Data
    • Major Secondary Sources
    • Secondary Sources
  • Market Estimation
  • Top-Down Approach
    • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
  • Bottom-Up Approach
    • Approach for estimating market share by Bottom-up Analysis (Demand Side)
  • Market Breakdown and Data Triangulation
  • Research Assumptions

Market Preview

  • Executive Summary
  • Key Findings—Global Outlook for medical carts Strategies
    • Key Questions this Study will Answer
    • Market Snippet, By Type
    • Market Snippet, By Application
    • Market Snippet, By Region
  • Opportunity Map Analysis
  • Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

  • Market Dynamics
    • Drivers
    • Restrains
    • Market Opportunities
    • Market Trends
  • DR Impact Analysis
  • PEST Analysis
  • Porter’s Five Forces Analysis
  • Opportunity Orbit
  • Market Investment Feasibility Index
  • Macroeconomic Factor Analysis

Market Segmentation, By Type, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Silver Powders
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Silver Flakes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Nano Powder And Flakes
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Market Segmentation, By Application, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Segment Trends
  • Electronics And Electrical
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Photovoltaics
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Silver Inks
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Automotive
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Adhesives
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  • Others
    • Overview
    • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

  • Overview
    • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
    • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
    • Regional Trends
  • North America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • U.S.
      • Canada
  • Europe
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • UK
      • France
      • Germany
      • Russia
      • Italy
      • Rest of Europe
  • Asia Pacific
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
      • India
      • Japan
      • South Korea
      • China
      • Rest of Asia Pacific
  • Latin America
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East & Africa
    • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
    • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
  • GCC
  • Israel
  • South Africa
  • Rest of Middle East

Competitive Landscape

  • Heat Map Analysis
  • Market Presence and Specificity Analysis

Company Profiles

  • E. I. du Pont de Nemours and Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Johnson Matthey AgT
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ferro Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Ames Goldsmith Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsui mining & smelting
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Metalor Technologies SA
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GlaxoSmithKline plc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Silver Powder and Flakes Market report segment the market on the basis of type, application, and region.

The growing electronics industry is projected to be a major driving factor for the global silver powder and flakes market

North America is expected to be the fastest-growing region in silver powder and flakes market. The Asia Pacific is also anticipated to emerge as a leading region in the silver powder and flakes market. China is expected to witness fast growth in the global silver powder and flakes market.

Key players involved in the target market are undergoing various strategies to expand their product protocol. For instance, on December 2019, Ferro Corporation, a leading global supplier of technology-based functional coatings and color solutions, announced that it has entered into a definitive agreement to sell its tile coatings business to Pigments Spain, S.L., a company of the Esmalglass-Itaca-Fritta group, which is a portfolio company of Lone Star Funds, for $460 million in cash, with the potential for an additional $32 million in cash based on the performance of the business pre-closing, subject to customary adjustments.