Market Summary: The ceramic inks market is projected to grow at a CAGR of 6.3% in terms of value from 2019 to 2026, reaching USD 3.10 Billion. The increasing demand for ceramic inks is primarily driven by the growth of the automotive industry in the Asia-Pacific region, where it is used for applications such as indoor and outdoor glass printing. These inks provide various benefits, including slip resistance, weathering resistance, scratch resistance, acid resistance, alcohol resistance, and improved glass blend strength for automotive glasses. Additionally, favorable government policies, such as "Make in India," further boost the demand for ceramic inks in glass printing applications. The rising lifestyle standards and increased demand for packaged food also contribute to market growth, as ceramic inks are widely used in the food and beverage container printing industry.
Building and construction activities are expected to drive market growth in the future. Ceramic inks find extensive usage in ceramic tile printing for wall tiles and flooring, as well as in glass printing for both exterior and interior decoration of buildings, and in the food container printing for aesthetic purposes.
Advancements in technology are anticipated to be a key driver of market growth, as manufacturers develop inks tailored for digital printing technology to meet the growing demand in this segment. The trend of substituting paints, marbles, and metal slabs with ceramic products also presents opportunities for market players.
Get a sample copy of the Thin Wall Packaging Market report: https://www.reportsanddata.com/download-free-sample/1826
Key Coverage of the Report:
- Regional and country-wise statistics of ceramic inks from 2016 to 2026, with 2018 as the base year and 2019-2026 as forecasts.
- Market size estimation and historic and forecasted trend analysis.
- Analysis of various types of products and their individual market shares.
- Estimation of market share for different end-users.
- Overview of regulatory frameworks in each region.
- Upcoming regional market outlook and ongoing developments.
- Mapping of regional prevalence of ceramic inks.
- Market share analysis of the top industry players.
- Strategic recommendations for new entrants.
- Market trends analysis, including drivers, constraints, opportunities, threats, challenges, and investment opportunities.
Salient Trends of the Ceramic Inks Market:
- The growth of China's building and construction sector is a significant driver, with the government estimating over 7.0% higher capital expenditure in 2019 compared to 2018.
- Ceramic inks are widely used in the food printing sector for food containers and glass printing.
- Manufacturers are developing inks specifically designed for digital printing technology to meet the increasing demand in this segment.
- Growing demand for decorated glasses and tiles also contributes to the demand for ceramic inks.
- Acquisition of Endeka Group by Ferro Corporation in 2017 further integrated raw materials used in the production of ceramic coating materials.
Market-O-Nomics:
- The ceramic inks market was valued at USD 1.89 billion in 2018 and is expected to reach USD 3.10 billion by 2026.
- Functional inks are forecasted to grow at a rate of 5.8% due to increasing demand from the automotive industry.
- Analog printing technology is projected to experience a CAGR of 5.8% from 2019 to 2026.
- Solvent-based formulation is expected to grow at a considerable rate, improving ink flow characteristics and viscosity for various printing technologies and conditions.
- Building and construction industry held the largest market share in 2018 and is likely to grow at a rate of 5.8% in the forecast period.
- The automotive sector contributed the second-largest market share in 2018 and is estimated to witness a growth rate of 6.6% in the forecast period.
- Asia Pacific is expected to have the fastest growth rate of 6.9%, driven by building and construction activities in countries like China and India.
- Europe is forecasted to have a growth rate of 6.0% due to increasing reconstruction activities.
- The market in North America is expected to grow at a rate of 5.9% from 2019 to 2026.
Segments Covered in the Report: The report segments the global ceramic inks market based on product type, printing technology, formulation, industry vertical, and region:
- Product Type: Functional Inks, Decorative Inks
- Printing Technology: Digital Printing, Analog Printing
- Formulation: Solvent-Based, Water-Based, Oil-Based
- Industry Vertical: Building & Construction, Automotive, Food & Beverage, Others
- Region: North America, Europe, Asia Pacific, Latin America, MEA
Explore Trending Reports:
Magnetic Materials Market-https://www.reportsanddata.com/report-detail/magnetic-materials-market
Gold Nanoparticles Market-https://www.reportsanddata.com/report-detail/gold-nanoparticles-market
Waterborne Coatings Market-https://www.reportsanddata.com/report-detail/waterborne-coatings-market
Powder Coating Equipment Market-https://www.reportsanddata.com/report-detail/powder-coating-equipment-market
Chromium Oxide Market-https://www.reportsanddata.com/report-detail/chromium-oxide-market
Request a customization of the report: https://www.reportsanddata.com/request-customization-form/1826
Thank you for reading our report. To know more about the customization or any query about the report contents, please connect with us and our team will ensure the report is tailored to meet your requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
John W
(Head of Business Development)
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Blogs | Press Release | Industry News | Our competencies
Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports
Browse More Latest Reports @ https://www.reportsanddata.com/report
Browse Latest Blogs: https://www.reportsanddata.com/blogs
Browse Latest Press Release: https://www.reportsanddata.com/press-release