Global Ceramic Inks Market Insights Forecasts to 2030
- The global ceramic inks market was valued at USD 2.19 billion in 2021.
- The market is growing at a CAGR of 8.5% from 2022 to 2030
- The global ceramic inks market is expected to reach USD 4.5 billion by 2030
- Europe is expected to grow the fastest during the forecast period
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The global ceramic inks market is expected to reach USD 4.5 billion by 2030, at a CAGR of 8.5% during the forecast period 2022 to 2030. 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.
Ceramic inks are employed in various industries because of their physical consistency, which is appropriate for producing fine detail. They are available in many colors, including black, brown, red, white, blue, maroon, and others—ceramic inks transport metallic oxide pigments in the ceramic form. The primary factor driving the market growth rate is the increased demand for ceramic inks from the automotive sector in established and developing nations. The expansion of various end-user sectors, particularly in developing economies, and the increasing usage of ceramic inks in surfaces like tiles and glasses will both directly and positively impact the market's growth rate. Inkjet printers are widely used to print applications and images on a small scale. As more people access digital printers, inkjet printing gradually overtakes screen printing as the preferred method for adorning ceramic tiles.
The capability of these printers for ceramic and tile decoration has become apparent over the past ten years. Due to its numerous advantages, such as more straightforward material handling, limitless decorating options, extended and irregular surfaces, and others, inkjet decoration is currently the most often used method of ornamentation. The market will continue to expand due to rising building and construction activity, rising research and development, an increase in the rate of industrialization, and a growing emphasis on technological advancements. However, due to the tightness and volatility in their pricing, a significant obstacle to the market's expansion will be the deficiency in raw material demand and supply. The market growth rate will be slowed by high switching costs from analog to digital printing technology, increased geopolitical tensions, unfavorable market conditions brought on by the coronavirus outbreak, and high costs associated with research and development. A growing number of alternatives will make the market more challenging.
Global Ceramic Inks Market Report Coverage
|Market Size in 2021:||USD 2.19 Billion|
|Forecast Period 2022-2030 CAGR:||8.5 %|
|2030 Value Projection:||USD 4.5 Billion|
|Historical Data for:||2019-2020|
|No. of Pages:||195|
|Tables, Charts & Figures:||129|
|Segments covered:||By Product Type, By Printing Technology, By Application, By Region|
|Companies Covered:||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).|
|Growth Drivers:||Growing Demand for Water-based Ceramic Inks is expected to drive the markets growth over the forecast period.|
|Pitfalls & Challenges:||Covid-2019 Negative Impact|
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This research report categorizes the market for global ceramic inks based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global ceramic inks market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each global ceramic inks market sub-segments.
- In 2021, the decorative inks segment dominated the market with the largest market share of 59% and market revenue of 1.29 billion.
Based on the product type, the global ceramic inks market is categorized into Functional Inks and Decorative Inks. In 2021, the decorative inks segment dominated the market with the largest market share of 59% and market revenue of 1.29 billion. 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.
- In 2021, the digital printing segment accounted for the largest share of the market, with 63% and market revenue of 1.37 billion.
Based on the printing technology, the ceramic inks market is categorized into Digital Printing and Analog Printing. In 2021, the digital printing segment accounted for the largest share of the market, with 63% and market revenue of 1.37 billion. 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.
- In 2021, the ceramic tiles segment accounted for the largest share of the market, with 29% and market revenue of 0.6 billion.
Based on the application, the ceramic ink market is categorized into Ceramic Tiles, Glass Printing, Food Container Printing, and Other Applications. In 2021, the ceramic tiles segment accounted for the largest share of the market, with 29% and a market revenue of 0.6 billion. 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.
Regional Segment Analysis of the Ceramic Inks Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
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Asia-Pacific emerged as the largest market for the global ceramic inks market, with a market share of around 33.9% and 2.19 billion of the market revenue in 2021.
- In 2021, Asia-Pacific emerged as the largest market for the global ceramic inks market, with a market share of around 33.9% and 2.19 billion of the market revenue. 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.
- The Europe market is expected to grow at the fastest CAGR between 2021 and 2030, due to the increased demand for ceramic inks in the region. It is projected that the main factor constraining market expansion will be the stagnating growth of the construction, automotive, and packaging industries.
The report offers the appropriate analysis of the key organizations/companies involved within the global ceramic inks 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 companies' current news and developments, including product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Market Players:
- 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.)
- Tecglass (Italy)
Key Target Audience
- Market Players
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Some of the Key Developments:
- In July 2022, DIC and SAP partnered on a pilot project to build a waste plastics traceability system using blockchain technology.
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global ceramic inks market based on the below-mentioned segments:
Global Ceramic Inks Market, By Product Type
- Functional Inks
- Decorative Inks
Global Ceramic Inks Market, By Printing Technology
- Digital Printing
- Analog Printing
Global Ceramic Inks Market, By Application
- Ceramic Tiles
- Glass Printing
- Food Container Printing
- Other Applications
Global Ceramic Inks Market, Regional Analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- South America
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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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