The Global Paste for MLCC Market was valued at USD 1.25 Billion in 2022 and is projected to reach USD 2.18 Billion by 2029, growing at a Compound Annual Growth Rate (CAGR) of 7.8% during the forecast period (2023–2029). This growth is being driven by the escalating demand for multilayer ceramic capacitors (MLCCs) in smartphones, electric vehicles, and 5G infrastructure, alongside advancements in high-frequency and high-capacitance paste formulations that enable smaller, more efficient electronic components.

As the electronics sector evolves toward greater miniaturization, higher reliability, and integration in IoT devices and renewable energy systems, attention turns to the critical material providers fueling these developments. In this blog, we profile the Top 10 Companies in the Paste for MLCC Industry—a combination of chemical innovators, materials specialists, and technology pioneers who are advancing electrode paste solutions for global MLCC production.

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🔟 10. Nisshinbo Holdings Inc.

Headquarters: Tokyo, Japan
Key Offering: Conductive Inner Electrode Paste, Barrier Layer Pastes

Nisshinbo Holdings brings decades of expertise in electronic materials to the MLCC paste market, offering nickel and copper-based formulations that enhance the internal structure of capacitors for better capacitance stability. Their pastes are particularly valued in the production of mid-to-high voltage MLCCs used in power supplies and telecommunications equipment. With a strong presence in Asia-Pacific, Nisshinbo supports the region’s booming electronics manufacturing by providing customized paste solutions that improve sintering properties and minimize shrinkage during firing. This results in more reliable components for devices like servers and inverters, where thermal management is crucial. The company’s integrated approach from raw materials to finished pastes ensures consistency and scalability for large-scale MLCC producers. Because of these strengths, Nisshinbo continues to play a vital role in supporting the push for more compact and efficient electronics worldwide.

Innovation Initiatives:

• Research into hybrid pastes combining multiple metals for improved cost-performance ratio
• Focus on pastes for widebandgap semiconductor applications in EVs
• Development of low-resistivity formulations to enhance overall capacitor efficiency

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9️⃣ 9. Ample Electronics Technology

Headquarters: Taoyuan, Taiwan
Key Offering: Inner Electrode Paste, Outer Electrode Paste for High-Density MLCCs

Ample Electronics Technology has established itself as a key player in the Asian electronics materials landscape, specializing in conductive pastes tailored for multilayer ceramic capacitors used in consumer gadgets and automotive applications. The company focuses on nickel-based inner electrode pastes that support fine-line printing, which is essential for producing compact MLCCs with capacities exceeding 100 microfarads. Their products are widely adopted by manufacturers seeking cost-effective yet high-performance solutions in high-volume production environments. Furthermore, Ample’s commitment to process optimization helps clients achieve better yield rates in MLCC fabrication, addressing challenges posed by shrinking component sizes. However, as supply chains evolve, Ample is adapting by expanding its production capabilities to meet rising demands from the EV sector.

Innovation Initiatives:

• Development of low-temperature sintering pastes to reduce energy consumption in manufacturing
• Partnerships with semiconductor firms for 5G-compatible MLCC pastes
• Ongoing R&D in nano-particle formulations for enhanced conductivity and reliability

Download FREE Sample Report: Paste for MLCC Market – View in Detailed Research Report

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8️⃣ 8. Daiken Chemical Co., Ltd.

Headquarters: Osaka, Japan
Key Offering: Nickel Inner Electrode Paste, Silver Outer Electrode Paste

Daiken Chemical stands out for its specialized production of high-purity pastes used in the inner and outer electrodes of MLCCs, catering to the demands of precision electronics like smartphones and wearables. Based in Japan, the company leverages advanced dispersion techniques to create pastes with uniform particle sizes, which is critical for achieving high-definition printing in ultra-small MLCCs. Daiken’s products contribute to lower equivalent series resistance (ESR), enabling faster charging and better signal integrity in 5G devices. Their dedication to quality control and material science innovation positions them as a trusted supplier for major capacitor manufacturers worldwide, helping to meet the industry’s push for higher integration densities without compromising on durability. As miniaturization accelerates, Daiken’s expertise becomes even more indispensable.

Innovation Initiatives:

• Advancements in paste rheology for compatibility with inkjet printing technologies
• Development of oxidation-resistant pastes for high-temperature applications
• Exploration of eco-friendly binders to align with global sustainability goals

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7️⃣ 7. Namics Corporation

Headquarters: Niigata, Japan
Key Offering: Silver-Based Outer Electrode Paste, Dielectric Pastes for MLCCs

Namics Corporation excels in the formulation of advanced electronic pastes, including those vital for MLCC outer electrodes that ensure robust connections in circuit boards. Operating primarily in Japan but with a global footprint, Namics supplies pastes that meet stringent standards for solderability and corrosion resistance, making them ideal for automotive and industrial electronics. The company’s emphasis on silver-epoxy composites allows for superior adhesion and electrical performance, even under harsh environmental conditions like temperature fluctuations in electric vehicles. By innovating in paste viscosity and thixotropy, Namics helps streamline screen-printing processes, reducing defects and boosting overall production efficiency in the MLCC supply chain. Furthermore, their focus on reliability supports the growing needs of connected devices.

Innovation Initiatives:

• Investment in eco-friendly, lead-free paste alternatives compliant with RoHS regulations
• Collaboration with electronics assemblers to optimize paste for high-speed printing
• Research on high-conductivity additives for next-generation high-frequency applications

Download FREE Sample Report: Paste for MLCC Market – View in Detailed Research Report

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6️⃣ 6. TANAKA Precious Metals

Headquarters: Tokyo, Japan
Key Offering: Precious Metal-Based Electrode Pastes, Conductive Inks for MLCCs

TANAKA Precious Metals is renowned for its expertise in noble metal pastes, providing silver and palladium-infused formulations that excel in outer electrode applications for high-reliability MLCCs. Serving industries from consumer electronics to aerospace, TANAKA’s pastes offer exceptional conductivity and bonding strength, essential for multilayer stacks that withstand vibration and humidity. The company’s global operations ensure timely supply to key markets in Asia and North America, where demand for automotive-grade MLCCs is surging due to electrification trends. By incorporating trace elements to enhance paste stability, TANAKA helps manufacturers produce capacitors with longer lifespans, reducing failure rates in critical applications like medical devices and industrial controls. This positions them well for the future of durable electronics.

Innovation Initiatives:

• Exploration of palladium-silver alloys to cut costs while maintaining performance
• Strategic R&D for pastes supporting flexible and printed electronics
• Advancements in low-sintering temperature materials for energy-efficient production

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5️⃣ 5. Sumitomo Metal Mining Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: Nickel Powder for Inner Electrode Paste, Full MLCC Paste Solutions

Sumitomo Metal Mining dominates the supply of raw materials and finished pastes for MLCC inner electrodes, utilizing its mining heritage to produce ultra-fine nickel powders that form the backbone of high-capacitance capacitors. This Japanese giant supplies to leading MLCC fabricators globally, enabling the creation of components for everything from laptops to hybrid vehicles. Their pastes are engineered for optimal packing density during printing, which translates to superior electrical properties and reduced material waste. Sumitomo’s vertical integration from mining to paste formulation gives it a competitive edge in purity and consistency, supporting the industry’s shift toward 0201-sized MLCCs and beyond. As demand for energy-efficient electronics grows, their innovations continue to drive advancements in paste composition for lower resistivity and higher breakdown voltages.

Innovation Initiatives:

• Patented nano-nickel technologies for ultra-thin layer MLCCs
• Collaborations with OEMs to tailor pastes for next-gen automotive electronics
• Targets for sustainable sourcing of metal powders by 2030

Download FREE Sample Report: Paste for MLCC Market – View in Detailed Research Report

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4️⃣ 4. Heraeus Electronics

Headquarters: Hanau, Germany
Key Offering: Thick-Film Pastes for Outer Electrodes, Custom MLCC Formulations

Heraeus Electronics, a division of the Heraeus Group, leads in Europe with its advanced paste technologies for MLCC outer electrodes, emphasizing silver-glass composites that provide excellent solder joint reliability. The company’s products are integral to industrial and defense applications, where MLCCs must endure extreme conditions. Heraeus invests heavily in R&D to develop pastes with improved thermal stability and low alpha particle emissions, crucial for sensitive semiconductor integrations. Their global network facilitates seamless delivery to assembly lines in Europe, Asia, and the Americas, supporting the proliferation of smart devices and renewable energy systems. By focusing on multifunctional pastes that incorporate shielding properties, Heraeus is helping the market transition to integrated passive devices, streamlining PCB designs and reducing overall system costs. However, challenges in raw material sourcing are pushing them toward more sustainable practices.

Innovation Initiatives:

• Lead-free and halogen-free paste developments for environmental compliance
• High-throughput screening for paste optimization in automated production
• Integration of AI in formulation design for faster innovation cycles

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3️⃣ 3. Ferro Corporation

Headquarters: Mayfield Heights, Ohio, USA
Key Offering: Electrode Pastes for Consumer and Automotive MLCCs, Dielectric Materials

Ferro Corporation is a U.S.-based powerhouse in electronic materials, offering a comprehensive range of pastes for both inner and outer electrodes in MLCCs, with a strong emphasis on automotive and consumer electronics segments. Their nickel-silver pastes enable high-volume manufacturing of reliable capacitors for electric drivetrains and infotainment systems. Ferro’s expertise in rheology control ensures pastes that perform consistently across various printing methods, from traditional screen to advanced laser transfer. As the market demands more eco-conscious materials, Ferro is at the forefront, developing pastes that minimize volatile organic compounds (VOCs) during processing. This not only aids in meeting regulatory standards but also enhances worker safety and production speed. Their collaborations with tier-one suppliers underscore their role in powering the next wave of connected vehicles and portable tech, making them a key enabler in the electronics revolution.

Innovation Initiatives:

• Bio-based additives for sustainable paste production
• Enhanced formulations for high-frequency MLCCs in 5G and radar systems
• Expansion of U.S. manufacturing capacity to meet North American demand

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2️⃣ 2. DuPont Electronics & Industrial

Headquarters: Wilmington, Delaware, USA
Key Offering: Advanced Inner and Outer Electrode Pastes, Integrated MLCC Solutions

DuPont, through its Electronics & Industrial segment, provides cutting-edge paste technologies that are pivotal for the fabrication of high-performance MLCCs used in telecommunications, computing, and renewable energy applications. Their portfolio includes copper and nickel pastes optimized for low-temperature co-firing ceramic (LTCC) processes, allowing for denser circuit integration. DuPont’s global R&D centers drive innovations in paste adhesion and conductivity, ensuring MLCCs can handle the power demands of modern EVs and data centers. By leveraging polymer chemistry, they create pastes with superior dispensing properties, reducing voids and improving yield in mass production. As sustainability becomes a priority, DuPont is pioneering recyclable paste components, aligning with circular economy principles in electronics manufacturing. Their end-to-end support, from formulation to application testing, makes them indispensable to the MLCC ecosystem, with a broad impact on industry advancements.

Innovation Initiatives:

• Next-generation pastes for 3D-printed MLCC prototypes
• Strategic alliances with chipmakers for AI-optimized capacitor materials
• Commitment to carbon-neutral paste production by 2040

Read Full Report: Paste for MLCC Market – View in Detailed Research Report

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1️⃣ 1. DuPont Electronics & Industrial

Headquarters: Wilmington, Delaware, USA
Key Offering: Advanced Inner and Outer Electrode Pastes, Integrated MLCC Solutions

DuPont leads the pack with its comprehensive portfolio of paste solutions for MLCCs, dominating market share through innovation in both inner and outer electrode technologies. Their pastes are engineered for the highest standards, supporting ultra-high capacitance MLCCs essential for 5G base stations and EV battery management systems. DuPont’s global scale allows for customized formulations that address specific client needs, from low ESR for power applications to high Q-factor for RF devices. The company’s investment in digital twin technology for paste development accelerates testing and iteration, ensuring products meet evolving standards like AEC-Q200 for automotive use. As the industry moves toward sustainable manufacturing, DuPont’s pastes incorporate recycled metals and low-VOC binders, setting benchmarks for environmental responsibility while maintaining superior performance. Because of their leadership in R&D and market penetration, DuPont is shaping the future of miniaturized electronics on a global scale.

Innovation Initiatives:

• AI-driven material discovery for next-gen pastes
• Global expansion of production facilities in Asia and Europe
• Joint ventures for paste applications in flexible electronics

Read Full Report: Paste for MLCC Market – View in Detailed Research Report

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🌍 Outlook: The Future of Paste for MLCC Is More Compact and Efficient

The Paste for MLCC market is experiencing rapid evolution. While traditional nickel and silver pastes remain staples, the sector is pouring resources into advanced nano-materials, low-temperature processing, and eco-friendly compositions to meet the demands of miniaturized and green electronics.

Because of the proliferation of electric vehicles and IoT devices, paste manufacturers are under pressure to deliver higher performance at lower costs. However, challenges like raw material price volatility and supply chain disruptions from geopolitical tensions are prompting strategic adaptations. Furthermore, regulatory pushes for reduced environmental impact are accelerating the shift to sustainable alternatives, such as bio-derived binders and recycled metals. As a result, companies are focusing on innovations that not only enhance electrical properties but also promote sustainability, ensuring the market’s growth aligns with broader environmental goals.

📈 Key Trends Shaping the Market:

• Explosion in demand for pastes supporting 01005 and smaller MLCC sizes in consumer tech
• Regulatory incentives for lead-free and RoHS-compliant materials by 2025
• Digital tools for paste formulation and supply chain optimization
• Strategic mergers between materials firms and electronics giants for integrated solutions

Read Full Report: Paste for MLCC Market – View in Detailed Research Report

The companies profiled here are not only enabling the core of electronic devices—they’re pioneering the miniaturization revolution in circuitry.

At 24 Chemical Research, we provide in-depth market intelligence to help businesses navigate complex landscapes like the Paste for MLCC sector. Our reports offer actionable insights drawn from rigorous analysis of industry dynamics, competitive positioning, and emerging opportunities.