Global Ceramic Inks Market Size To Grow USD 4.5 Billion By 2030 | CAGR 8.5%Category: Chemicals & Materials
Global Ceramic Inks Market Size To Worth $4.5 Billion By 2030
According to a research report published by Spherical Insights & Consulting, the Global Ceramic Inks Market Size to grow from USD 2.19 billion in 2021 to USD 4.5 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period. The ceramic inks market has grown because of the expanding building and infrastructure sectors. In addition, rising demand for ornamental tiles and glass is anticipated to fuel market demand.
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Browse 69 market data Tables and 60 Figures spread through 195 Pages and in-depth TOC on “Global Ceramic Inks Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Functional Inks and Decorative Inks), By Printing Technology (Digital Printing and Analog Printing), By Application (Ceramic Tiles, Glass Printing, Food Container Printing, and Other Applications), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030.” View a detailed Table of Content here– https://www.sphericalinsights.com/table-of-contents/ceramic-inks-market
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The decorative inks segment to account for the largest market size during the forecast period
Based on the product type, the global ceramic inks market is categorized into Functional Inks and Decorative Inks. The decorative inks segment to account for the largest market size during the forecast period. The market was dominated by decorative ink. Ceramic inks are used for printing on glass, ceramic tiles, and food containers. These inks come in a wide range of hues, including black, brown, red, white, blue, maroon, and others.
The digital printing segment to hold a higher CAGR during the forecast period
Based on the printing technology, the ceramic inks market is categorized into Digital Printing and Analog Printing. The digital printing segment to hold a higher CAGR during the forecast period. According to the ceramic ink market, digital printing will entirely supplant analog printing. The largest markets, such as China, Brazil, and India, are rapidly adopting digital printing. If this scenario comes true, digital printing technology will dominate the ceramic decoration business by more than 95%. In order to print in small batches, reduce inventory costs, and successfully address the changing demands of the ceramic ink market, ceramic decorators employ digital printing. Additionally, it gives decorators the ability to respond swiftly to market demands for quick design modifications.
The ceramic tiles segment to hold a higher CAGR during the forecast period.
Based on the application, the ceramic ink market is categorized into Ceramic Tiles, Glass Printing, Food Container Printing, and Other Applications. The ceramic tiles segment to hold a higher CAGR during the forecast period. Ceramic tiles are the market segment that is expanding the quickest. Buildings must be made more aesthetically pleasing in order to meet client demands. Due to qualities like great durability, resistance to wear, color permanence, etc., ceramic tiles have emerged as the most widely used material. Additionally, they offer various aesthetic effects including metallic view, photographic picture generation, and floral patterns. Due to changing lifestyle trends and rising economic levels among people, ceramic tiles are in extremely high demand, particularly in developing economies.
Europe to hold a higher CAGR during the forecast period.
The Global Ceramic Inks Market has been segmented into five major regions: North America, Europe, Asia-Pacific, South America, The Middle East and Africa. Asia Pacific is estimated to account for the highest market share in 2022. Due to increased investments in the construction sector, an increase in R&D activities, favorable investment policies by the government to promote industrial growth, high economic growth in emerging countries, abundant raw material availability, accelerating urbanization and industrialization, and expansion of various end-user industries are some of the factors that are driving the market expansion.
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- Ceramic inks find key application in ceramic tiles printing and glass printing. The demand for ceramic inks is being rising in the recent years owing to their numerous advantages such as high resistance to weather conditions, easy availability, cost-effective and fairly harmless nature, and ease of use. Over the period of past few years, there has been a surge in the number of infrastructure renovation projects across many developed nations globally. This factor is helping in the expansion of the ceramic inks market.
- The demand for varied esthetically appealing products including decorative glass, decorative tiles, and tableware is being rising in the recent years globally. Hence, manufacturers are focusing on increasing their production capabilities in such products in order to fulfill current market demands, notes a Spherical Insights analysis that offers important statistics including the market share for ceramic inks.
The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the Global Ceramic Inks Market: Ferro Corporation (U.S.), Zschimmer& Schwarz (Germany), Esmalglass – ItacaGrupo (Spain), Torrecid Group (Spain), Fritta (Spain), Colorobbia Holdings S.p.A. (Italy), Spicer S.P.A (Italy), Kao Chimigraf (Spain), Sun Chemical (U.S.), and Tecglass (Italy).
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Frequently Asked Questions (FAQ)
What is the market size of the Ceramic Inks market?As per Spherical Insights, the size of the Ceramic Inks market was valued at USD 2.19 billion in 2022 to USD 4.5 billion by 2030.
What is the market growth rate of the Ceramic Inks market?The Ceramic Inks market is growing at a CAGR of 8.5% from 2022 to 2030.
Which country dominates the Ceramic Inks market?Asia-Pacific emerged as the largest market for Ceramic Inks.
Who are the key players in the Ceramic Inks market?Key players in the Ceramic Inks market are Ferro Corporation (U.S.), Zschimmer& Schwarz (Germany), Esmalglass – ItacaGrupo (Spain), Torrecid Group (Spain), Fritta (Spain), Colorobbia Holdings S.p.A. (Italy), Spicer S.P.A (Italy), Kao Chimigraf (Spain), Sun Chemical (U.S.), and Tecglass (Italy).
Which factor drives the growth of the Ceramic Inks market?Growing Demand for Water-based Ceramic Inks is expected to drive the market's growth over the forecast period.
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