Union of aesthetic feasibility with
wellness is a major trend grasping numerous sectors from electronic devices and
automotive to food packaging and infrastructure. Designing is an imperative
profit inducing asset for above-mentioned industries and the ceramic inks market is leveraging
this stride with its tremendous scope in printing and designing applications. As per the evaluation of a new market research report from IndustryARC, the global ceramic inks market grasped a staggering market size of $1,872 million as of 2018, and the demand is projected to progress with a global compound annual rate of 7.40% during
the forecast period of 2019-2025.
The study incorporates all the commercial aspects of the trending Ceramic inks market ranging from its end-users verticals, applications insights and regional revenue pockets to an imperative competitive landscape and pricing conditions. An unbiased topography is maintained throughout the report by the analyst via inclusion of challenging aspects pertaining to each segment assisted by effective solutions. The report is titled “Ceramic Inks Market: By Ink (Functional, Decorative); Printing Tools (Digital, Analog); Application (Ceramic Tiles, Glass Printing, Food Container Printing); Geography & Forecast (2019 - 2025).”
Ceramic Inks Market: Leading Segments
The analyst of the report after scrutinizing the ceramic inks market regional trade has identified APAC as the
leading region in terms of demand and overall revenue generation. This area with economies including India,
China, and Japan accounted for 40% of the global demand in 2018. The affluence can
be accredited to its industrial center of automotive, high-paced urbanization
dwelling innovative and aesthetic construction demands, and densely populated
areas supplementing F&B retails integrated with its affluent virtual
counterpart.
Ceramic inks market application segment is constituted of various sectors as aforementioned, but the supremacy of construction surpassed automotive and food container packaging. Decorative tiles fixed in infrastructures is the major end-user segment developing with an application CAGR of 8.50% going through 2025. Accumulative global population fused with rapid urbanization is diverting traffic towards habitations with a touch of luxury and aesthetic appeal, supporting the uptake of ceramic inks by the hefty construction sector.
Ceramic Inks Market Trends and Growth Drivers:
• With
carbon being an integral component of it, organic ceramic inks are the latest
trend influencing the market. These pigments are either derived from plants
naturally or when they have been converted into oil and its byproducts. As it encompasses
carbon, unlimited range of vibrant and fluorescent colors can be formulated
with it. Such range delivers ample opportunities of application aiding
customizations.
• Automotive
sector following the ‘lightweighing’ is capitalizing over innovations in the
glass industry supporting applications of automotive ceramics. Glass being a fundamental
component of modern era automotive is supplementing the uptake of ceramic inks in
automotive glass. Apart from serving the decorative specifications, ceramic
inks being weather-resistant are applied to check degradation of vehicle glass
adhesive from UV-light radiation, obligatory by automotive OEM and after-market
industry specifications.
• As
ceramic inks are resilient to water and numerous other fluids, they are installed
in toilets and restrooms construction. With government in developing economies
focusing on individual’s hygiene and health, the construction of restrooms in
urban areas are escalating creating demand for ceramic inked tiles for its
deliverance of cost-effective aspects in terms of sustainability. According to
Census 2011, 8 million household in India do not have access to toilets and a
financial aid of around $60 is assigned to each household mounting the total
budget to $480 million.[1]
Ceramic Inks Market Competitive Landscape:
Some of the key players identified by
the research analyst operating in the global ceramic inks market are Ferro
Corporation, Zschimmer & Schwarz, Esmalglass, Itaca Grupo, Torrecid Group,
Fritta, Colorbbia S.p.A., Sicer S.p.A, Kao Chimigraf, Sun Chemical, and
Tecglass. The report indicates ceramic inks have limited scope of application
which is a major challenge for this sector. To stay ahead of the flux in this competitive landscape, several companies are investing on innovations to harvest
cutting-edge technology to broaden the applications portfolio. For instance,
Ferro Corporation has come up with automotive digital glass printers, Ferro
digital automotive inks and NeXT Graphic software for intricate customizations.
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Related
Reports:
A) Ceramic Balls Market
https://www.industryarc.com/Research/Ceramic-Balls-Market-Research-500196
What can you expect from the
report?
The ceramic inks market report is prepared with the main agenda to cover
the following 20 points:
1. Market Size by Product Categories
& Application 11. Demand
Analysis (Revenue & Volume)
2. Market trends & Relevant Market
Data 12. Country level Analysis
3. Manufacturer Landscape 13. Competitor Analysis
4. Distributor Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user Analysis 16. Supply Chain Analysis
7. Product Benchmarking 17. Strategic Analysis
8. Product Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
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application or end user industry.
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[1] http://swachhbharaturban.gov.in/writereaddata/SBM_Guideline.pdf