North America and Europe, which represent mature economies in the global ceramic ink market, are expected to expand at a modest pace, while the Middle East and Africa are expected to reach steady growth levels.
Ceramic inks are nothing but the carriers of fine ceramic particles and pigments which are made up of metal oxide. Ceramic inks are usually marketed in solid or liquid forms requiring heating before screening and surface printing. Ceramic ink is typically made up of ceramic frit, the required pigments and other inorganic elements. The ceramic ink market is largely influenced by the environmental policies and regulations which play a prominent role in shaping up the industry. The scientific advancements in the field of printing techniques has also revolutionized the marketplace and technologies such as digital printing has compelled the manufacturers to upgrade their product offerings as per the printing technologies.
Ceramic Ink Market: Dynamics
The consumption of ceramic inks is predominantly influenced by the production of ceramic tiles, glassware and tableware. With the construction industry gaining traction, all over the world, the ceramic tiles consumption has also increased, causing a surge in the ceramic inks market. Rising urbanization is also considered to be one of the prominent factor contributing to the rising demand of glassware and tableware. These factors significantly affect the demand for ceramic inks globally. Having said that, ceramic inks are not employed in all ceramic applications. The formulation, or rather, production process of ceramic ink is very complex.
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The selection of optimum raw materials such as pigments and additives is very critical in the production of ceramic ink. This leads to increased manufacturing costs which the ceramic ink manufacturers are noted to control by optimizing the production process and reduce the wastage of raw materials due to production errors.
The rising interest from hobbyists is also compelling the ceramic ink manufacturers to cater to this demand. This is expected to augment the market growth in the short term and bring momentum in the ceramic market over the forecast period. Further, a paradigm shift in consumption trend from inorganic ceramic inks to its organic counterparts is impacting the market in a prominent way. The environmental considerations surrounding inorganic ceramic inks has led to the rising consumption of organic ceramic inks, which are mostly plant-derived.
Ceramic Ink Market: Regional Outlook
As the consumption of ceramic ink largely tracks the ceramic tiles production, the market is anticipated to present high potential in the ceramic producing nations around the world. Having said that, East Asia ceramic ink market is expected to remain dominant throughout the forecast period owing to the large scale ceramic tiles production in China. Further, with several manufacturers adopting “China plus One” strategy, the growth rate for the South Asia ceramic ink market is expected to be relatively high throughout the forecast period. With Brazil securing higher ranks in terms of ceramic production, Latin America is expected to showcase a high growth trend along with consumption of high volumes of ceramic ink. Representing the mature economies, the ceramic ink market in North America and Europe is estimated to expand at a near moderate rate while the Middle East & Africa region is projected to witness a steady growth trend in the global ceramic ink market.
Some of the market participants in the global ceramic ink market identified across the value chain include The Torrecid Group, Ferro Corporation, Marabu GmbH & Co. KG, Chromaline, Fenzi Group SpA, Rex-Tone Industries Ltd., Color Esmalt, S.A., Sicer S.P.A., and Sol Inks Private Limited among others.
Ceramic Ink market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The Ceramic Ink research report provides analysis and information according to market segments such as geographies, scaffold type, position, number of points and number of tiers.
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The Ceramic Ink report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The Ceramic Ink report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The Ceramic Ink report also maps the qualitative impact of various market factors on market segments and geographies.
Ceramic Ink Market: Segmentation
The global ceramic ink market is segmented on the basis of chemistry, product type, printing technology and applications and end use.
On the basis of chemistry, the global ceramic ink market is segmented into:
On the basis of product type, the global ceramic ink market is segmented into:
On the basis of printing technology, the global ceramic ink market is segmented into:
On the basis of application, the global ceramic ink market is segmented into:
On the basis of end use, the global ceramic ink market is segmented into:
Ceramic Ink Report Highlights:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market.
Oct 21, 2022
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