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The global ceramic inks market is estimated at USD 2.49 billion in 2019 and is expected to reach USD 4.25 billion, growing at a CAGR of 6.1% in the coming years.
Ceramic inks comprise a pigment mixture (metal oxides and salts) and finely ground pieces of glass called frit. By suspending a mixture of pigments & frits in an appropriate solvent, the consistency of the ceramic inks is preserved. For decorating ceramic tiles, plain glasses, hollow glasses or food containers, ceramic inks are extensively used. Ceramic inks can aid in achieving various effects such as high-definition & detailed patterns of natural products such as timber, stone, and complex mosaics, recurring geometric and uneven patterns, floral designs, metallic effects, and reproductions of photographed images.
Ceramic Inks Market demand to cross USD 4.25 bn by 2028 – Quince Market Insights
The Global Ceramic Inks Market is estimated at USD 2.49 billion in 2019 and is expected to reach USD 4.25 billion, growing at a CAGR of 6.1% during the forecast period.
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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1) Ferro Corporation
2) Zschimmer & Schwarz
3) Torrecid Group
4) FRITTA
5) Colorbbia Italia S.p.A.
6) Sicer S.p.A
7) Esmalglass - Itaca Grupo
8) Sun Chemical
9) Kao Chimigraf
10) Tecglass
The building & construction industry is the primary end-user of ceramic inks. Ceramic inks are used on ceramic tiles which are utilized in building and construction activities. Typically, these tiles are used to decorate rooms and restrooms. Ceramic inks are used for printing on ceramic tiles of miscellaneous designs. These inks are water-resistant, as well as resistant from several other liquids. They are therefore widely used for printing on ceramic tiles. In the construction industry, large quantities of glass are used to paint different elements within buildings. Ceramic inks are used for glass printing designs. Ceramic glass's weather-resistant characteristics make it an optimal material for printing designs on decorative glass. During the forecast period, the tendency to use inlaid ceramic tiles and glass in buildings is anticipated to remain consistent. This, in essence, is expected to increase the construction industry's demand for ceramic inks.
Asia Pacific was the largest and fastest-growing ceramic inks market in 2018 and is expected to dominate the market over the projection era. Due to the growing building & renovation industry and packaging sector, North America was the second biggest ceramic inks market in 2018 and is anticipated to show significant growth during the forecast period. Due to high demand from the building & renovation, automotive and packaging sectors, Europe is projected to be one of the major markets for ceramic inks and is anticipated to see robust growth over the forecast period. The Middle East is anticipated to be one of the fastest-growing ceramic inks market owing to strong demand from continuing government-led infrastructure initiatives to thrive in the tourism industry.
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Important Factors Impacting the Growth of Ceramic Inks Market:
Increased demand in the construction sector due to the high demand for ceramic tiles.
Increasing demand for ceramic floral designs & patterns in the commercial sector.
Favorable government regulations towards the use of ceramic inks.
Key Developments in the Ceramic Inks Market:
In 2017, Ferro Corporation announced the acquisition of Endeca Group, a global producer of high-value coatings and key raw materials for the ceramic tile market. Endeca produces frits and glazes, digital inks and colors used in the manufacture of a broad range of ceramic products, including tile, tableware, and sanitaryware.
In 2017, Ferro Corporation acquired a majority share in Gardenia Quimica inc., which a global manufacturer of ceramic inks & supplies the ceramic tile market.
In 2018, Ferro Corporation acquired quimiCer, a Spanish ceramic inks manufacturer. With an active presence in more than 25 countries, quimiCer helps extend the worldwide reach of Ferro products for ceramic tile applications. Its extensive product range includes frits, varnishes, silk-screen printing pastes, crushed frits, pellets, atomized varnishes, and ceramic colors, as well as pigmented inks for digital printing on ceramic tiles.
What Does This Report Provide?
This report provides a detailed understanding of the global ceramic inks market from qualitative and quantitative perspectives during the forecast period. The report also provides dynamic indicators with a potential impact on the market during the forecast period and an in-depth analysis of the leading companies operating in the ceramic inks market.
Market Segmentation:
By Printing Technology:
Analog
Digital
By Application:
Ceramic Tiles
Architectural Glass
Automotive Glass
Others
By End-Use Industry:
Automotive
Packaging
Aerospace and Defense
Electronics
Energy
Others
By Region:
North America
By Country (US, Canada, Mexico)
By Printing Technology
By Application
By End-User Industry
Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Printing Technology
By Printing Technology
By Application
By End-User Industry
Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Printing Technology
By Application
By End-User Industry
Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Printing Technology
By Application
By End-User Industry
Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Printing Technology
By Application
By End-User Industry
Rest of the World
By Region (South America, Africa)
By Printing Technology
By Application
By End-User Industry
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Global Ceramic Inks Market is expected to reach USD 2.82 Billion by 2024 from USD 1.75 Billion in 2016 at a CAGR of 7.1 %
Global Ceramic Inks Market is expected to reach USD 2.82 Billion by 2024 from USD 1.75 Billion in 2016 at a CAGR of 7.1 %.
Ceramic inks market driven by increasing demand in digital printing technology; global market is estimated and forecasted in terms of revenue (USD million) generated by the ceramic inks market; Ceramic Inks Market share
Axiommrc added Ceramic Ceramic Inks Market Report, By Type, Technology, Application and Geography – Global Market Share, Trend Analysis & Forecast Up To 2025
Ceramic Inks Market 2018: Research, Share, Competitor Strategy, Industry Trends and Forecast to 2023
Market Scenario
The trend is shifting to decorative & durable architectural glass for both exterior & interior applications by replacing ordinary wall, which is majorly driving the Global Ceramic Inks Market. Furthermore, rising preference for ceramic tiles over ordinary painted walls for both exterior & interior building applications is expected to boost the Global Ceramic Inks Market growth.
Competitive Analysis
Some of the major players operating in the Global Ceramic Inks Market are Ferro Corporation (US), Zschimmer & Schwarz (Germany), Torrecid Group (Spain), FRITTA (Spain), Colorbbia Italia S.p.A. (Italy), Sicer S.p.A (Italy), Esmalglass - Itaca Grupo (Spain), Sun Chemical (U.S.), Kao Chimigraf (Spain), and Tecglass (Spain).
Regional Analysis
The Global Ceramic Inks Market is spanned across five regions namely Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia Pacific is expected to dominate the Global Ceramic Inks Market, followed by North America, which is further trailed by Europe. The Middle East & Africa and Latin America are also expected to drive the demand for ceramic inks mostly due to their growing building & construction industry and are expected to show a substantial growth during the forecast period.
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Market Segmentation
The Global Ceramic Inks Market is segmented by Technology, Application, End-Use Industry and Regions.
On the Basis of the Printing Technology, the Global Ceramic Inks Market is segmented into digital printing technology and analog printing technology. The digital printing technology is expected to account for the largest market share under technology category due to its various advantages such as less time consumption, less labor requirement, and high-performance efficiency over analog printing technology and is expected to continue growing over the forecast period.
On the Basis of the Application, the Global Ceramic Inks Market is segmented into ceramic tiles, architectural glasses, automotive glasses, food & beverages containers, cosmetics containers, and others. The architectural glasses accounted for the largest consumption of ceramics inks in 2017 owing to growing construction industry across the globe and is expected to continue exhibiting strong demand during the forecast period 2018-2023. Ceramic tiles held the second largest share of the global market after in 2017 and are expected to show a considerable demand during the forecast period, 2018-2023.
On the Basis of the End-User Industry, the Global Ceramic Inks Market is segmented into building & construction, automotive, packaging industry, and others. The building & construction segment accounted to have the largest market share of ceramic inks in 2017 due to the wide consumption of ceramic inks for architectural glasses and ceramic tiles applications.
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