The silver-plated nickel powder market has accelerated its expansion, and electromagnetic shielding and high-end electronic drive have grown rapidly. Under the background of high silver prices, the cost advantage of silver-plated nickel powder is significant. Compared with sterling silver powder, its material cost can be reduced by more than 40% while maintaining excellent electrical conductivity. More importantly, compared with silver-plated copper powder, silver-plated nickel powder maintains the high conductivity of the silver layer, giving the material nickel matrix the unique high magnetic conductivity and strong corrosion resistance, making it irreplaceable in electromagnetic shielding (EMI) and high-temperature environmental applications. At present, silver-plated nickel powder has become the core filler of electromagnetic shielding coatings in the fields of 5G communication equipment, aerospace and automotive electronics, and the shielding efficiency can exceed 60dB. At the same time, with the iteration of TOPCon and HJT photovoltaic cell technologies, the application research of silver-packed nickel slurry in high-temperature electric extremes is also accelerating. According to industry data, the global silver-coated nickel powder market is expected to reach 600 million US dollars in 2032, with a compound annual growth rate of more than 8%.
