Global Ceramic Inks Market, By Formulation (Solvent-based, Water-based and Oil-based), Substrate (Ceramic and Glass), Type (Decorative and Functional), Technology (Digital and Analog), End User Applications (Ceramic Tiles, Glass Printing, and Food Container Printing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights of Ceramic Inks Market
Data Bridge Market Research analyses that the ceramic inks market will witness a CAGR of 6.70% for the forecast period of 2022-2029. Growth in the ceramic inks especially in the developing economies like India and China, growing use of ceramic inks for a wide range of end user applications such as paints and coatings, plastics, and other end user applications, increasing investment by the government for research and development activities and surge in industrialization especially in the developing countries are the major factors attributable to the growth of the ceramic inks market.
Ceramic inks are available in a wide range of colours such as such as black, brown, red, white, blue, maroon, and others and are used in a wide range of industrial verticals as they have physical consistency which is suitable for producing fine detail. Ceramic inks are the carriers of ceramic fine particle metallic oxide pigments.
Rise in demand for ceramic inks by the automotive industry in developed and developing economies is the root cause fuelling up the market growth rate. Rising application areas for ceramic inks such as in tiles and glasses especially in the developing economies and growth and expansion of various end user industries especially in the developing economies will also directly and positively impact the growth rate of the market. Rising buildings and construction activities especially in the developing economies, rising expenditure for research and development proficiencies by the major companies, upsurge in the rate of industrialization, rising technological advancements in modern digital printing that employ ceramic inks and growing focus on the technological advancements and modernization in the production techniques will further carve the way for the growth of the market.
However, insufficiency in raw material demand and supply owing to the lockdown and volatility in their prices will pose a major challenge to the growth of the market. High cost associated with research and development proficiencies, surging geopolitical issues, unfavourable market conditions arising as a result of coronavirus outbreak and high switching cost from analog to digital printing technology will dampen the market growth rate. Growing availability of substitutes will also create difficulties for the market.
This ceramic inks market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on ceramic inks market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Ceramic Inks Market Scope and Market Size
The ceramic inks market is segmented on the basis of formulation, substrate, type, technology and end user applications. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Based on formulation, the ceramic inks market is segmented into solvent-based, water-based and oil-based.
- Based on substrate, the ceramic inks market is segmented into ceramic and glass.
- On the basis of type, the ceramic inks market is segmented into decorative and functional.
- On the basis of technology, the ceramic inks market is segmented into digital and analog.
- Based on end user applications, the ceramic inks market is segmented into ceramic tiles, glass printing, and food container printing.
Ceramic Inks Market Country Level Analysis
The ceramic inks market is analysed and market size, volume information is provided by country, formulation, substrate, type, technology and end user applications as referenced above.
The countries covered in the ceramic inks market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the ceramic inks market owing to the increased investments in the construction industry, increase in the research and development activities, favourable investment policies by the government in order to promote industrial growth, high economic growth in the emerging countries, abundant availability of raw materials, surging urbanization and industrialization and growth and expansion of various end user industries are some are important driving factors for this region.
The country section of the ceramic inks market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Ceramic Inks Market Share Analysis
The ceramic inks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to ceramic inks market.
Some of the major players operating in the ceramic inks market report are Ferro Corporation, ZSCHIMMER & SCHWARZ CHEMIE GMBH, Esmalglass-Itaca Grupo, Torrecid., FRITTA, Dip-Tech Digital Printing Technologies Ltd., Sun Chemical, ChangSha Six Star New Material Co.,Ltd., KAO CHIMIGRAF SLU, Electronics for Imaging, Inc., unico., Vaanix Industries Pvt Ltd., IIMAK., UVINK tech. co., limited, Xinfeng Yele Chemical Industry manufacturing Co.,Ltd, Colorobbia Holding S.p.A, Evonik Industries AG, BASF SE, and DuPont among others.
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