Silver pastes has high electrical conductivity, thermal conductivity, and reflectivity. It is manufactured by using pure silver metal. It is widely used in electronics and automotive industry for making printed circuits of defogging systems, alarm circuits, and antennae. Silver paste is used in several other applications such as capacitors, inks, ceramics, adhesives, etc. Increasing demand from these end-use industries is projected to propel the demand for silver paste during the forecast period.