The Global Thick Film Conductive Paste Market was valued at USD 2.8 Billion in 2024 and is projected to reach USD 4.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This growth is being driven by increasing demand for printed electronics, expansion of solar energy infrastructure, and the accelerating adoption of advanced conductive materials across consumer electronics, automotive, and industrial sectors.

As the electronics industry transforms toward miniaturization, flexibility, and enhanced performance, the spotlight is on the key material suppliers who are driving innovation, reliability, and cost-effective manufacturing solutions. In this blog, we profile the Top 10 Companies in the Thick Film Conductive Paste Industry—a mix of established material science leaders, specialty chemical manufacturers, and sustainable technology pioneers shaping the future of electronic components.

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🔟 1. Heraeus

Headquarters: Hanau, Germany
Key Offering: Silver Pastes, Gold Pastes, Specialty Conductive Inks

Heraeus is the global market leader in thick film conductive pastes, offering comprehensive solutions for photovoltaic cells, automotive electronics, and consumer devices. Their materials division serves over 10,000 customers globally with advanced formulations for screen printing and dispensing applications.

Innovation Initiatives:

• Developing low-temperature curing pastes for flexible substrates

• Strategic partnerships with major solar panel manufacturers

• Investing in lead-free and environmentally friendly formulations

Download FREE Sample Report: Thick Film Conductive Paste Market – View in Detailed Research Report

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9️⃣ 2. DowDuPont

Headquarters: Wilmington, Delaware, USA
Key Offering: Silver Conductive Pastes, Photovoltaic Pastes, Hybrid Circuit Materials

DowDuPont operates in more than 90 countries and supplies materials to over 15,000 electronic manufacturers annually. It is a significant player in advanced paste development, aiming to meet both performance and regulatory requirements in the electronics industry.

Innovation Initiatives:

• Advanced nano-scale paste formulations

• Collaboration with semiconductor companies to optimize material performance

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8️⃣ 3. Samsung SDI

Headquarters: Seoul, South Korea
Key Offering: Silver Pastes, Solar Cell Pastes, Display Electrode Materials

Samsung SDI’s materials division is expanding its renewable energy footprint with specialized conductive pastes through its integration with Samsung Display technologies. It is also engaged in developing materials for next-generation battery applications.

Innovation Initiatives:

• High-efficiency solar cell paste development

• Supply partnerships with display manufacturers and EV battery producers

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7️⃣ 4. Giga Solar

Headquarters: Taipei, Taiwan
Key Offering: Giga Solar Pastes, Photovoltaic Metallization Pastes

Giga Solar is one of Asia’s leading conductive paste suppliers, serving both solar cell and printed electronics sectors. The company is heavily invested in advanced paste technologies, particularly through proprietary formulations for high-efficiency solar applications.

Innovation Initiatives:

• Goal of 40% market share in solar cell pastes by 2028

• Specialized R&D center for photovoltaic material innovation

Download FREE Sample Report: Thick Film Conductive Paste Market – View in Detailed Research Report

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6️⃣ 5. Noritake

Headquarters: Nagoya, Japan
Key Offering: Copper Pastes, Silver-Based Pastes, Ceramic Substrate Materials

Noritake’s electronics materials arm delivers conductive pastes and technical services at more than 200 locations globally. The company provides customized formulations and is advancing the application technologies for thick film circuits.

Innovation Initiatives:

• Offers specialized pastes for automotive electronics applications

• Targets 50% revenue growth in electronics materials by 2026

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5️⃣ 6. TransCom Electronic

Headquarters: Shenzhen, China
Key Offering: TransCom Silver Pastes, Gold Conductive Materials

TransCom Electronic manufactures specialized conductive pastes for RFID tags, membrane switches, and automotive sensors. Its formulations are compatible with existing printing equipment and manufacturing processes.

Innovation Initiatives:

• Current production capacity: Over 800 tons/year

• Target: 1,200 tons/year by 2027

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4️⃣ 7. iSilver Material

Headquarters: Suzhou, China
Key Offering: Nano-Silver Pastes, Transparent Conductive Pastes

iSilver Material serves over 500 electronics manufacturers with conductive materials and is one of China’s fastest-growing paste providers. It plays a vital role in material supply across consumer electronics and industrial automation sectors.

Innovation Initiatives:

• Advanced nanoparticle dispersion technology

• R&D into copper-silver hybrid pastes for cost optimization

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3️⃣ 8. EGing

Headquarters: Haining, China
Key Offering: Solar Cell Pastes, Photovoltaic Metallization Materials

EGing is China’s leading supplier for solar cell metallization pastes, distributing materials to over 50 solar panel manufacturers nationwide and internationally.

Innovation Initiatives:

• Proprietary formulations for PERC and bifacial solar cells

• Partnerships with research institutions to develop next-generation solar materials

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2️⃣ 9. Daejoo

Headquarters: Seoul, South Korea
Key Offering: Silver Pastes, Solar Electrode Pastes, Ceramic Circuit Materials

Daejoo is a key player in Korean electronics materials manufacturing and distribution. Its advanced materials initiative is focused on developing conductive pastes for flexible and wearable electronics.

Innovation Initiatives:

• Aims to increase solar paste market share to 15% by 2029

• Major expansion in automotive electronics materials production underway

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1️⃣ 10. Xian Chuanglian

Headquarters: Xi’an, China
Key Offering: Silver Conductive Pastes, Ceramic Substrate Materials

Xian Chuanglian specializes in the development of conductive materials for printed electronics, supporting over 2,000 electronics manufacturers worldwide. It is a leader in specialized paste formulations and application engineering services.

Innovation Initiatives:

• Custom formulation development for specialized applications

• Strategic partnerships with display manufacturers and sensor producers

Get Full Report Here: Thick Film Conductive Paste Market – View in Detailed Research Report

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🔬 Outlook: The Future of Thick Film Conductive Pastes Is Smarter and More Efficient

The thick film conductive paste market is undergoing a transformative evolution. While conventional pastes still dominate production volumes, the industry is investing significantly in nano-material formulations, environmentally sustainable materials, and automated application technologies.

📈 Key Trends Shaping the Market:

• Rapid growth in flexible and printed electronics applications

• Increasing demand for high-efficiency solar cell metallization pastes

• Development of low-temperature curing pastes for heat-sensitive substrates

• Expansion of automotive electronics and IoT device manufacturing

Get Full Report Here: Thick Film Conductive Paste Market – View in Detailed Research Report

The companies listed above are not only supplying essential electronic materials—they’re driving the technological advancement of modern electronics manufacturing.