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.
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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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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