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Ceramic Inks Market

Ceramic Inks Market

Ceramic Inks Market Analysis By Type (Functional Ceramic Inks & Decorative Ceramic Inks) By Application (Ceramic Tile Inks, Ceramic Inks for Glass Printing, Ceramic Inks for Food Container Printing & Other Applications) By Region – Global Market Insights 2022 to 2032

Ceramic Inks Market
FACT7476MR

Ceramic Inks Market Outlook (2022-2032)

The global ceramic inks market is estimated to account for a valuation of US$ 2.34 billion in 2022. Worldwide consumption of ceramic inks is anticipated to increase at a high CAGR of 7.7% over the forecast period and end up with a market size of US$ 4.93 billion by 2032-end.

Ceramic inks for food container printing are expected to account for a market revenue of US$ 954.6 million by the end of 2032.

Report Attributes

Details

Ceramic Inks Market Size (2022)

US$ 2.34 Billion

Predicted Market Value (2032F)

US$ 4.93 Billion

Global Market Growth Rate (2022-2032)

7.7% CAGR

North America Market Value (2022)

US$ 728.2 Million

Key Companies Profiled

  • Ferro Corporation
  • Zschimmer & Schwarz GmbH & Co KG
  • Chemische Fabriken
  • Esmalglass-Itaca Grupo
  • Torrecid
  • FRITTA
  • Dip-Tech Digital Printing Technologies Ltd.
  • Gruppo Colorobbia S.p.A.
  • Sun Chemical
  • Changsha Six Star New Material Co. Ltd.
  • KAO CHIMIGRAF SLU
  • Electronics for Imaging Inc.
  • Unico
  • Vaanix Industries Pvt. Ltd.
  • IIMAK

Increasing urbanization and industrialization across the world have resulted in a rise in construction activities, and this is predicted to drive demand for ceramic inks over the coming years. Digital printing ceramic inks are anticipated to witness higher demand than analog printing ceramic inks owing to the increasing digitization of various industry verticals.

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Ceramic Ink Demand Survey (2017-2021) Vs. Market Growth Forecasts (2022-2032)

Ceramic inks are widely used in construction applications across the world as they provide a high-quality finish to construction components such as tiles, etc. Sales of ceramic inks increased at a CAGR of 6.5% from 2017 to 2021 and held a market value of US$ 2.21 billion in 2021.

Increasing use of digital printers and inkjet printers is anticipated to drive demand for ceramic inkjet inks over the years to come. An increasing focus on sustainability and stringent norms to ban the use of toxic and harmful chemicals is projected to drive demand for water-based ceramic inks across the forecast period.

Rising demand for packaged food is also expected to drive demand for ceramic inks for food container printing. Organic solvent-based ceramic inks are anticipated to witness a drop in sales through 2032 owing to an increasing focus on environmental conservation and sustainability.

Increasing construction activity is expected to drive demand for various tiles and this is expected to favor ceramic ink shipments across the world. Developing economies are expected to provide highly lucrative opportunities as they are witnessing an increase in construction activity. Overall demand for ceramics is also anticipated to witness a bright outlook through 2032.

However, the absence of an extensive colour palette for ceramic inks is anticipated to have a restraining effect on overall ceramic inks market growth to some extent.

Also, high costs to shift from analog to digital printing technologies are expected to have a hampering effect on ceramic ink demand. The ceramic inks market is expected to increase at a CAGR of 7.7% from 2022 to 2032.

Ceramic inks market forecast by Fact.MR

What Future Opportunities Can Ceramic Ink Manufacturers Cash in On?

“Advancements in Digital Printing Technology to Provide New Business Opportunities”

Over the past few years, technological advancements have largely shaped the way our world works. Increasing technological proliferation has enabled widespread adoption of digital technologies and this trend is rife in printing technologies as well. Digital printing has gained significant popularity and is highly preferred across the world which is driving demand for digital printing ceramic inks.

Ceramic inkjet inks are expected to see high demand as the popularity of inkjet printing increases on a global scale. Ceramic inks for screen printing are also anticipated to witness an increase in demand. Advancements in digital printing technologies are expected to provide new opportunities for ceramic ink vendors as printing techniques get better with time.

Why is the APAC Region Seen as a Highly Opportune Market for Ceramic Inks?

“Supportive Government Initiatives to Boost Development Will Drive Ceramic Ink Demand”

Asia Pacific region is anticipated to be highly lucrative for ceramic ink manufacturers owing to rapid urbanization and industrialization in this region. Demand for infrastructure development in this region is increasing and is resulting in increased construction activity. This is driving demand for construction materials such as glass and tiles which utilize ceramic inks extensively.

Increasing disposable income, rising demand for tiles and decorative glass, and growing demand for decorative ceramic tableware are other factors that positively influence sales of decorative ceramic inks in this region through 2032.

The APAC ceramic inks market is projected to account for a dominant market share of 30.4% by 2032 while expanding at a high CAGR of 8.4%.

The economies of India and China are anticipated to lead the ceramic inks market growth in this region throughout the forecast period owing to rising infrastructure development activity in these countries.

Presence of a flourishing automotive manufacturing industry in the aforementioned countries is also expected to drive sales of oil-based ceramic inks, ferro-ceramic inks, and other ceramic functional inks over the coming years.

An Adaptive Approach to Modern-day Research Needs

At What Pace are Ceramic Ink Sales Predicted to Rise in Europe?

“Europe Ceramic Inks Market to Witness High Growth at 8.8% CAGR”

The Europe ceramic inks market is projected to expand at a CAGR higher than any other regional market in the world, and this makes it a highly attractive destination for ceramic ink suppliers.

Presence of key automotive manufacturers, increasing industrialization, rising investments in infrastructure development, and rising focus on sustainability are some of the major factors that are set to drive ceramic ink shipments in Europe.

The ceramic inks markets in the United Kingdom and France are expected to spearhead growth in Europe while expanding at CAGRs of 9.4% and 9.3%, respectively, through 2032.

The Germany ceramic inks market is anticipated to account for an estimated revenue total of US$ 259.2 million by the end of the forecast period.

Fact.MR, a market research and competitive intelligence provider, has further discussed the market scenario in Europe and other regions of the world, in this new ceramic inks market research report.

An Adaptive Approach to Modern-day Research Needs

Country-wise Insights

Should Ceramic Ink Manufacturers Invest in the United States?

“Increasing Automotive Production Spearheading Market Growth Prospects”

The United States has witnessed a prominent increase in automotive manufacturing owing to the rising demand for vehicles in the country. A paradigm shift toward electric vehicles has also fueled automotive production in this region which is expected to provide favorable opportunities for ceramic ink companies in the country.

Increasing construction activity in residential and commercial sectors is also expected to favor ceramic inks market potential in the U.S. Demand for ceramic inks in the United States is expected to increase at a CAGR of 6.9% through 2032 and the market stands at a value of US$ 666.8 million in 2022.

What Investment Opportunities Can China Offer?

“Rising Capital Expenditure in Construction Sector”

China has witnessed a substantial increase in investments in the construction sector as the focus on infrastructure development increases in the country. The government of China has increased its expenditure on construction to boost infrastructure development and drive overall economic development.

The presence of a robust automotive manufacturing industry in the nation is also anticipated to provide new opportunities for the ceramic inks market. Ceramic ink printers are expected to witness high demand in this nation across the forecast period.

Shipments of ceramic inks in China are anticipated to accumulate a sales revenue total of US$ 600.7 million by 2032 and currently hold a market share of 41.7% in the APAC ceramic inks market landscape.

Category-wise Insights

What is the Demand Outlook for Ceramic Functional Inks?

“Functional Ceramic Inks to Lead Revenue Generation Potential”

Sales of functional ceramic inks account for a value of US$ 1.3 billion in 2022 and are anticipated to hold a dominant market share of 56.2% by the end of the forecast period in the global ceramic inks industry landscape.

Increasing construction activities are projected to drive consumption of decorative ceramic inks at a CAGR of 7.7% through 2032. Increasing use of decorative inks in ceramic tiles, food packaging applications, and glass printing applications is also expected to drive growth in this segment over the forecast period.

How Will Use of Inks in Ceramic Tiles Evolve through 2032?

“Market to Witness High Demand in Ceramic Tile Application”

Based on application, the ceramic inks market is segmented into ceramic tiles, glass printing, food container printing, and other applications.

Construction activities have significantly increased across the world owing to the rise in urbanization and industrialization across various countries. Governments are increasing their investments in the construction sector and launching new projects which are driving the demand for construction materials such as glass, tiles, etc.

Rising demand for decorative ceramic tiles is expected to bolster ceramic inks market growth through 2032. The ceramic tiles segment currently accounts for a value of US$ 842.9 million in 2022 and is anticipated to witness expansion at a high CAGR of 8.5% through 2032.

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Competitive Landscape :

Key ceramic ink manufacturers are focusing on expanding their business scope by acquiring new investments and increasing their market presence.

Ceramic ink companies are also expected to increase the launch of new products to boost their sales potential over the coming years.

  • In January 2021, a team of scientists at the University of New South Wales produced ceramic-based ink for the 3D printing of bone components. The ink is made up of calcium phosphate, and hence, can also be used to repair damaged bone tissues.
  • In December 2020, Tecglass, a leading digital glass printing supplier based in Spain, announced the launch of its new professional ink line. The JETVER HA series of inks are designed to deliver durability and precision, especially for the in-home appliance sector.

Key Segments Covered in Ceramic Inks Industry Research

  • Ceramic Inks Market by Type :

    • Functional Ceramic Inks
    • Decorative Ceramic Inks
  • Ceramic Inks Market by Application :

    • Ceramic Tile Inks
    • Ceramic Inks for Glass Printing
    • Ceramic Inks for Food Container Printing
    • Other Applications
  • Ceramic Inks Market by Region :

    • North America
    • Latin America
    • Europe
    • APAC
    • MEA

- FAQs -

In 2022, the global ceramic inks market stands at a valuation of US$ 2.34 billion.
The ceramic inks market is anticipated to attain a valuation of US$ 4.93 billion by 2032 while expanding at a CAGR of 7.7%.
At the end of 2021, the Asia Pacific ceramic inks market was valued at US$ 618.9 million.
Rising construction activity and increasing automotive production are expected to prominently drive demand for ceramic inks over the coming years.
The ceramic tiles segment is projected to account for a dominant market share of 38.6% by 2032.
Key companies manufacturing ceramic inks are Ferro Corporation, Zschimmer & Schwarz GmbH & Co KG, Chemische Fabriken, Esmalglass-Itaca Grupo, Torrecid, FRITTA, Dip-Tech Digital Printing Technologies Ltd., Gruppo Colorobbia S.p.A., Sun Chemical, and Changs

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