Ceramic Inks Market
Growth Factors of Ceramic Inks Market
The ceramic inks market size was valued at USD 2.60 billion in 2023, and the market is now projected to grow from USD 2.79 billion in 2024 to USD 4.86 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period of 2024-2032.
The COVID-19 pandemic caused disaster on China first, with the Chinese government efficiently closing down the several chemical industries. As an effect of these choices, China's ink industry performed amazingly well through the pandemic. Since ethanol, along with other synthetic alcohol diluters, such as n-propanol, is used in the manufacturing of disinfectants and sanitary goods, specially hand sanitizers, source difficulties are evolving. As a result of COVID-19, there is an apparent growth in the demand for sanitary, pharmaceutical, and pharmacy products.
Inkjet printers are usually used for printing uses and graphics purposes on a small scale. Due to their exclusive features for performing in industrial applications, these printers are now commercially operational in their making surroundings. Inkjet printing is rapidly becoming the most common method for decorating ceramic tiles due to the extensive accessibility of digital printers. The rising demand for biodegradable and ecological printing solutions is motivating the improvement of ceramic inks that are free from dangerous heavy metals and fulfill with strict ecological guidelines. As sustainability becomes a crucial focus area for businesses and customers identical, the demand for ecologically friendly ceramic inks is projected to increase, further boosting the ceramic inks market growth.
Drop on request ink-jet printing is rapidly becoming the most common technique of ceramic tile decoration. Numerous aids of modern technologies are liable for the fast and extensive use of inkjet printers. Rational ink management, non-contact decoration, the facility to print textured surfaces and superior images, and improved control over the manufacturing line, inkjet printers facilitated to protect inventory and diminish costs.
Comprehensive Analysis of Ceramic Inks Market
The market can be segmented in various ways, depending on the focus of analysis such as by product, by technology, by formulation and by application. Based on the product, the ceramic inks market is segmented into decorative inks and functional inks. Based on the technology, the market is segmented into digital printing and analog printing. Based on the formulation technology, the market is classified into solvent-based, water-based, and oil-based. By application, the market is segmented into ceramic tiles, glass printing, food container printing, and others.
Asia Pacific region is dominating the ceramic inks market share due to the augmented demand for ceramic tiles. Makers are intensifying their tile making potential, which is anticipated to fuel the demand for the market during the prediction period.
The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Ferro Corporation (Ohio, U.S.), Torrecid Group (Castellón, Spain), ZSCHIMMER & SCHWARZ CHEMIE GMBH (Lahnstein, Germany), LAURIER ARCHITECTURAL (Quebec Canada), Megacolor Ceramic Products (Castellón, Spain), BASF SE (Ludwigshafen, Germany), FRITTA (Comunidad Valenciana, Spain), Colorobbia Holding S.p.A (Gujarat, India), Esmalglass-Itaca Grupo (Castellón, Spain), Chromaline (Minnesota, U.S.), Electronics for Imaging, Inc. (California, U.S.), sedak GmbH & Co. KG (Gersthofen, Germany), SOLUTEC GLASS (Biscay, Spain), Sun Chemical (New Jersey, U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.
In May 2022, The Colorobbia Group announced that it had launched a new digital ink series. This new product is planned to meet the mounting customer demands for ecological and technical standards.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Unit Value (USD Billion)
Growth Rate CAGR 7.3% from 2024 to 2032
Segmentation By Product Type
- Decorative Inks
- Functional Inks
By Technology
- Digital Printing
- Analog Printing
By Formulation Technology
- Solvent-based
- Water-based
- Oil-based
By Region
- North America (By Product Type, By Technology, By Formulation Technology, By Application)
- The U.S. (By Application)
- Canada (By Application)
- Europe (By Product Type, By Technology, By Formulation Technology, By Application)
- Germany (By Application)
- UK (By Application)
- France (By Application)
- Italy (By Application)
- Spain (By Application)
- Russia & CIS (By Application)
- Rest of Europe (By Application)
- Asia Pacific (By Product Type, By Technology, By Formulation Technology, By Application)
- China (By Application)
- Japan (By Application)
- India (By Application)
- ASEAN (By Application)
- Rest of Asia Pacific (By Application)
- Latin America (By Product Type, By Technology, By Formulation Technology, By Application)
- Brazil (By Application)
- Mexico (By Application)
- Rest of Latin America (By Application)
- The Middle East & Africa (By Product Type, By Technology, By Formulation Technology, By Application)
- GCC (By Application)
- South Africa (By Application)
- Rest of the Middle East & Africa (By Application)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.