Global Functional Printing Market Size study & Forecast, by Material (Substrate, Ink), Printing technology (Inkjet Printing, Screen Printing, Gravure Printing, Flexography, Other Printing technology), Application (Display, Sensors, Batteries, RFID Tags,

Global Functional Printing Market Size study & Forecast, by Material (Substrate, Ink), Printing technology (Inkjet Printing, Screen Printing, Gravure Printing, Flexography, Other Printing technology), Application (Display, Sensors, Batteries, RFID Tags, Lighting, Photovoltaic, Other Application) and Regional Analysis, 2022-2029

Global Functional Printing Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.59% over the forecast period 2022-2029. Functional Printing is the process of transferring features to 2D and 3D silicon-based components. It is used to print on various substrates such as paper and glass using inks and substrates. The Functional Printing market is expanding because of factors such as increasing demand for low cost and high-speed manufacturing and simplified additive manufacturing and a wide range of substrates. This market is dominated by Eastman Kodak, BASF SE, DuPont, Toyo Ink, Avery Dennison, and Universal Display Corp.

Low-cost manufacturing processes are a key factor behind the increasing demand for functional printing technology. Traditional low-cost, high-volume printing techniques allow low-cost production of lightweight, robust electronic components. The printing process does not require etching, metallization, or copper plating, thus eliminating the need for wastewater treatment. As per Press Information Bureau Of India, in October 2021, Prime Minister Narendra Modi announced that India will see low-cost manufacturing and high-performance opportunities after breaking ground on the C-295 transport aircraft manufacturing facility to be built by a consortium led by Tata Advanced Systems Limited (TASL) said to offer Airbus Defense and Space in Vadodara. As well as the rising surge for the simplified additive manufacturing National Center for Additive Manufacturing (NAMC) India, the strategy recommends the establishment of a specialized agency to facilitate the adoption of additive manufacturing (AM) technology through a public-private partnership (PPP) model. Subject matter experts and industry leaders should be members of this body and initiatives may be taken in consultation with all members. International cooperation is also possible. It also recommends conducting in-depth research to analyze the manufacturing sector and assess its potential. In addition, the rising demand for Inkjet technology is expected to fuel market growth of the significant market in the forthcoming years. However, the existing technologies are not suitable for electronic printing stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Functional Printing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region's increasing disease prevalence as well as it is expected to grow with the highest CAGR during the forecast period, owing to factors such as active participation of government and nonprofit organizations in the expansion of the market space. Increasing demand for Near Field Communication (NFC) in North America is expected to drive the market in the region. Mobile phones are seen as the primary payment option as smartphone technology changes rapidly. Having an NFC chip in your smartphone makes payments easy and hassle-free, making it the choice of many people who want to conduct transactions from their handheld devices.

Major market player included in this report are:
E Ink Holdings Inc.
Blue Spark Technologies, Inc.
Mark Andy Inc.
ALTANA AG
Eastman Kodak Company Ltd
Enfucell Oy
Avery Dennison Corporation
BASF SE
GSI Technologies LLC
Isorg
Recent Developments in the Market:
 In November 2020 - A team of engineers at the Carnegie Mellon University School of Engineering developed a new method to 3D bioprint a realistic model of the human heart. The model is flexible and strong enough to sew, potentially improving the way surgeons train for heart surgery.
 In January 2020, BASF completed the acquisition of Solvay's polyamide business. The European Union Commission approved Domo Chemicals of Leuna, Germany, as the buyer for the European polyamide business of BASF, which BASF was unable to acquire due to regulatory restrictions. As part of the agreement, BASF's polyamide production capacity will be expanded to include new products. It will also improve access to emerging markets in Asia, North America, as well as South America.

Global Functional Printing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material, Printing Technology, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:

By Material:
Substrates
Inks
By Printing Technology:
Inkjet Printing
Screen Printing
Gravure Printing
Flexography
Other Printing Technologies

By Application:
Sensor
Display
Lighting
Battery
Photovoltaic
RFID Tags
Other Applications

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

E Ink Holdings Inc.
Blue Spark Technologies, Inc.
Mark Andy Inc.
ALTANA AG
Eastman Kodak Company Ltd
Enfucell Oy
Avery Dennison Corporation
BASF SE
GSI Technologies LLC
Isorg

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