Functional Ceramic Inks Market Size, Share & Analysis | 2031
Functional Ceramic Inks Market Size, Share & Analysis | 2031
Segments - Functional Ceramic Inks Market by Technology (Digital Printing and Analog Printing), Application (Glass Printing, Ceramic Tiles, Food Container Printing, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :MC-5370
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| 177 Pages
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Report Description
Functional Ceramic Inks Market Outlook 2031
The global functional ceramic inks market size was valued at USD 1.53 Billion in 2022 and is likely to reach USD 2.37 Billion by 2031, expanding at a CAGR of 5% during the forecast period, 2023–2031. Increasing demand for decorative tiles, ornamental floors, and aesthetic finish in offices, households, & residential spaces is anticipated to fuel the market.
Rapid increases in the construction activities of hotels, offices, malls, and residential buildings are likely to boost the production of ceramic tiles, which significantly increases the demand for functional ceramic ink. For instance, world tiles production reached 18,339 million sqm in 2021, a 7.2% increase compared to 2020.
Functional ceramic ink possesses high opacity, low viscosity, resistance to ultraviolet light, water resistance, and abrasion resistance properties. It is made up of a combination of fine glass particles and metal oxide pigments, which makes it a preferable choice for glass printing and ceramic tiles printing. Functional Ceramic ink carries metallic oxide pigments, which play a crucial role in component etching and indoor & outdoor glass printing of windshields.
The COVID-19 pandemic had a negative impact on the functional ceramic ink market. A sharp decline in demand from the printing industry hampered the market. The preventive measures imposed by the government ceased the operation of many industries including the printing industry.
Furthermore, several limitations & restrictions on import and export activities disrupted the supply chain of raw materials required for ceramic ink, which significantly slowed down the revenue generation of the market.
Functional Ceramic Inks Market Dynamics
Major Drivers
Increasing usage of digital printing technology is expected to boost the market share during the forecast period. Functional ceramic ink used in digital printing provides long-lasting beauty, high gloss, and a wide color gamut. Digital printing has advantages such as it delivers quick, simple processes, and is environmentally friendly.
It allows for the printing of thinner tiles and reduces material waste. Rising demand for ceramic tiles for floors and walls is further likely to drive the market. Ceramic tiles are resistant to high temperatures, durable, and have a variety of designs.
Existing Restraints
The functional ceramic ink often clumps together, as the pigments settle quickly. Thus, color performance became a major concern, which may hinder the market. These inks have a small color palette, which may create trouble for ceramic decorators in matching the exact pantone colors and being unable to print some colors entirely.
Moreover, the transition from analog to digital printing technology coupled with ceramic digital printers costs higher, which is expected to limit the functional ceramic ink market.
Emerging Opportunities
Growing adoption in the automotive sector for indoor and outdoor glass paintings is projected to create lucrative opportunities for the functional ceramic ink market. The ceramic coating is usually used for painting cars exteriors and other surfaces, as it helps to enhance the aesthetic values of the vehicle.
Furthermore, increasing preference for ceramic decals in the food and beverages industry is likely to create immense opportunity for market expansion. Decals are decorative stickers, using ceramic inks onto film-coated paper. It is used for printing logos, instructions, or other important information and message.
Scope of Functional Ceramic Inks Market Report
The market report includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Functional Ceramic Inks Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Technology (Digital Printing and Analog Printing), and Applications (Glass Printing, Ceramic tiles, Food Container Printing, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Sicer S.P.A., TECGLASS, KAO CHIMIGRAF SLU, FRITTA, SUN Chemical, Zschimmer & Schwarz Chemie GmbH, Ferro Corporation, Colorobbia Holding S.p.A, and Torrecid |
Functional Ceramic Inks Market Segment Insights
Technology Segment Analysis
Based on technology, the functional ceramic inks market is bifurcated into digital printing and analog printing. The digital printing segment is projected to expand at a significant growth rate during the projection period, due to the increasing demand for aesthetic designs for offices, homes, and restaurants.
Digital ceramic ink printing uses inkjet technology and is used to print on glass or ceramic tiles. Inkjet technology has high-quality output and it is capable of printing fine and smooth details. Rising demand for decorative and 3D tiles is further likely to boost the segment.
The analog printing segment is expected to grow at a rapid pace in the coming years. Analog printing is used for conventional or traditional print methods such as food containers and tiles. It yields high print quality. Rising customization in food packaging and containers is expected to fuel the segment.
Application Segment Analysis
On the basis of application, the market is divided into glass printing, ceramic tiles, food container printing, and others. The ceramic tiles segment is anticipated to register a considerable CAGR during the assessment period, due to rising demand for ceramic tiles for decorative purposes. Ceramic tiles provide artistic effects, metallic views, and photographic images. The segment growth is further attributed to the increasing commercial infrastructure activities at a rapid pace.
Regional Analysis
In terms of region, the global functional ceramic inks market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is expected to dominate the market during the projection period, due to the growing infrastructural development in the region.
However, the market in Asia Pacific is anticipated to grow at a high CAGR, owing to the rising production and export of ceramic tiles, especially in emerging countries such as India and China. Increasing commercial decoration along with construction activities are likely to fuel the market in the region.
- For instance, in 2021, China was the leading exporter of ceramic tiles in the world, with exports amounting to nearly 601 million square meters of ceramic tiles. Whereas, India was the second-largest exporter of ceramic tiles, with exports amounting to about 493 million square meters.
Segments
The global functional ceramic inks market has been segmented on the basis of
Technology
- Digital Printing
- Analog Printing
Application
- Glass Printing
- Ceramic tiles
- Food Container Printings
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Sicer S.P.A.
- TECGLASS
- KAO CHIMIGRAF SLU
- FRITTA
- SUN Chemical
- Zschimmer & Schwarz Chemie GmbH
- Ferro Corporation
- Colorobbia Holding S.p.A
- Torrecid
Competitive Landscape
Key players competing in the global functional ceramic inks market include Sicer S.P.A.; TECGLASS; KAO CHIMIGRAF SLU; FRITTA; SUN Chemical; Zschimmer & Schwarz Chemie GmbH; Ferro Corporation; Colorobbia Holding S.p.A; and Torrecid.
Some of these companies adopted several development strategies such as acquisitions, partnerships, collaboration, mergers, R&D investments, and product launches to cater to customers worldwide. For instance,
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In January 2021, a team of scientists from the University of New South Wales Sydney developed a ceramic-based ink for the 3D printing of bone components. It is used to repair damaged bone tissues.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Functional Ceramic Inks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Functional Ceramic Inks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Functional Ceramic Inks Market - Supply Chain
4.5. Global Functional Ceramic Inks Market Forecast
4.5.1. Functional Ceramic Inks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Functional Ceramic Inks Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Functional Ceramic Inks Market Absolute $ Opportunity
5. Global Functional Ceramic Inks Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Functional Ceramic Inks Market Size and Volume Forecast by Applications
5.3.1. Glass Printing
5.3.2. Ceramic tiles
5.3.3. Food Container Printings
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Functional Ceramic Inks Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Functional Ceramic Inks Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Functional Ceramic Inks Demand Share Forecast, 2019-2026
7. North America Functional Ceramic Inks Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Functional Ceramic Inks Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Functional Ceramic Inks Market Size and Volume Forecast by Applications
7.4.1. Glass Printing
7.4.2. Ceramic tiles
7.4.3. Food Container Printings
7.4.4. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Functional Ceramic Inks Demand Share Forecast, 2019-2026
8. Latin America Functional Ceramic Inks Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Functional Ceramic Inks Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Functional Ceramic Inks Market Size and Volume Forecast by Applications
8.4.1. Glass Printing
8.4.2. Ceramic tiles
8.4.3. Food Container Printings
8.4.4. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Functional Ceramic Inks Demand Share Forecast, 2019-2026
9. Europe Functional Ceramic Inks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Functional Ceramic Inks Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Functional Ceramic Inks Market Size and Volume Forecast by Applications
9.4.1. Glass Printing
9.4.2. Ceramic tiles
9.4.3. Food Container Printings
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Functional Ceramic Inks Demand Share Forecast, 2019-2026
10. Asia Pacific Functional Ceramic Inks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Functional Ceramic Inks Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Functional Ceramic Inks Market Size and Volume Forecast by Applications
10.4.1. Glass Printing
10.4.2. Ceramic tiles
10.4.3. Food Container Printings
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Functional Ceramic Inks Demand Share Forecast, 2019-2026
11. Middle East & Africa Functional Ceramic Inks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Functional Ceramic Inks Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Functional Ceramic Inks Market Size and Volume Forecast by Applications
11.4.1. Glass Printing
11.4.2. Ceramic tiles
11.4.3. Food Container Printings
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Functional Ceramic Inks Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Functional Ceramic Inks Market: Market Share Analysis
12.2. Functional Ceramic Inks Distributors and Customers
12.3. Functional Ceramic Inks Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Sicer S.P.A.
12.4.2. TECGLASS
12.4.3. KAO CHIMIGRAF SLU
12.4.4. FRITTA
12.4.5. SUN Chemical
12.4.6. Zschimmer & Schwarz Chemie GmbH
12.4.7. Ferro Corporation
12.4.8. Colorobbia Holding S.p.A
12.4.9. Torrecid
Methodology
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