Ceramic Inks Market Research Report – Forecast to 2030

Ceramic Inks Market Information: By Printing Technology (Digital, Analog), Application (Ceramic Tiles, Architectural Glass, Automotive Glass,), End-Use Industry (Building & Construction, Automotive, Packaging), And Region – Forecast till 2030

ID: MRFR/CnM/4559-HCR | February 2021 | Region: Global | 100 pages

Ceramic Inks Market

Ceramic Inks Market is expected to surpass the market value of over USD 3.66 billion by the year 2030 while registering a CAGR of 7.3% during the forecast 2021-2030.

Segmentation

By Printing Technology Digital Analog
By Application Ceramic Tiles Architectural Glass Automotive Glass
By End Use Industry Building & Construction Automotive Packaging

Key Players

  • Ferro Corporation
  • ZSCHIMMER & SCHWARZ CHEMIE GMBH
  • Esmalglass-Itaca Grupo
  • Torrecid.
  • FRITTA
  • Dip-Tech Digital Printing Technologies Ltd.
  • Sun Chemical
  • Changsha Six Star New Material Co. Ltd.
  • KAO CHIMIGRAF SLU
  • Electronics for Imaging Inc.
  • Unico.
  • Vaanix Industries Pvt Ltd.
  • IIMAK.

Drivers

  • The increasing investment in the automotive industry across the developed regions
  • Growing food & beverages and cosmetics industries in packaging sector
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Ceramic Inks Market overview:



Ceramic Inks Market is expected to surpass the market value of over USD 3.66 billion by the year 2030 while registering a CAGR of 7.3% during the forecast 2021-2030.


Ceramic sinks are also known as carriers of fine metal oxide particles that are used for glass painting, ceramic tiles, food container printing, and significant other applications. The options available in the market in ceramic inks offer aesthetical value for the glass, metal, tiles and ceramic materials, and other smooth construction materials. The massive construction sectors across the developed countries such as China with its capital expenditure of 7% and other countries such as India, with their governmental support to improve the infrastructure across the country, are considered as the major drivers of the ceramic inks industry.


 


Similarly, the food printing sector, where the packaging for food and beverages are made, is considered as the major end-user industry of ceramic inks industry. Additionally the soaring demand for liquor bottles, construction materials are providing lucrative opportunities for ceramic inks market growth.


 


 COVID 19 Analysis:


 


The prolonged lockdown had brought in several consequences and has created over 15.9% declination in tile usage across European countries. Also, there has been a disruption in the supplies and logistic issues as the essential building supplies are to be shipped from the countries that were fighting COVID 19 severely. However, the demand for packaged food articles was driving the overall growth of the ceramic inks industry during the pandemic. The packaging required for storage and transportation of foods were intensive users of ceramic inks. Such potential end-users were driving the ceramic inks market growth.


 


One of the stats reported that vehicle production has come down about 15% from the year 2019 to 2020. Also, the declining condition of the building and construction sector had a significant impact on ceramic inks market growth after COVID.


 


 Market dynamics:


 


 Market drivers:


 


The increasing investment in the automotive industry across the developed regions with its developing economies and surging industrialization are considered as the driving factors of ceramic inks market growth.


 


The commercial printing applications and the intensive usage of inkjet printers for their graphical techniques and unique features are used for decorating tiles. The potential benefits such as material handling, decoration options, and significant others are considered as the major drivers of the ceramic inks industry.


 


Market opportunities:


 


The developers are bringing environmentally friendly inkjet printing materials into the industry. The responsible countries with environmental-related regulations were inclined towards environmentally friendly products. Such factors are expected to boost the overall growth of the ceramic inks industry during the forecast period.


 


The growing demand for the drop-on request inkjet printing method is considered the popular method for ceramic tile decoration. The increasing demand for the drop-on inkjet printing technology is due to the benefits such as effective ink management, non-contact decoration, enhanced quality, and control over creating images. Such factors present lucrative opportunities for the overall growth of the ceramic inks industry during the forecast period.


 


Market restraints:


 


The insufficiency in raw materials used and the disruption in supply due to prolonged lockdown and changing prices of these raw materials are considered as the major restraint of ceramic inks market growth. 


 


The market requires development to increase efficiency, however, the requirement for financial support for the growth and development of the ceramic inks industry is considered as the major restraint of ceramic inks market growth. Similarly, the limited color palette for the ceramic inks is a major hindrance to ceramic inks' market growth.


 


Market challenges:


 


The growth of automotive manufacturing has reduced significantly in recent years with over 15% reduction from 2019 to 2020. Similarly, the construction industry was also facing significant challenges due to COVID norms and economic conditions. Such factors are considered as the major challenges for ceramic inks market growth.


 


Several duplicates and substitutes for Ceramic inks in the industry are hindering the overall growth of the ceramic inks industry. The limited color palette is also limiting the decoration options for the designers. Also, poor color performance is a major concern for ceramic inks market growth.


 


Cumulative growth analysis:


 


The market value of ceramic inks was at USD 2.24 billion in the year 2021 and it is expected to surpass the market value of over USD 3.66 billion by the year 2028 while registering a CAGR of 7.3% during the forecast period. This market analysis made for the ceramic inks industry is primarily due to the potential end-user segments such as building and construction industries. Ceramic inks are commonly used in ceramic tile printing for flooring and wall tiles, since these ceramic tiles are intensively used in construction sectors, the demand for ceramic inks is also rising. On the other hand, they are also used in the end-user industries such as food and beverage, cosmetics, packaging, automotive and significant others. Such factors are fuelling the overall growth of the ceramic inks industry.


 


Value chain analysis:


 


Ceramic inks market growth is highly influenced by several applications such as ceramic tiles, food container printing, glass printing technologies, and significant others. The growth in the construction industry across the globe is also impacting the ceramic inks industry. As these ceramic inks are made of fine glass particles, they are considered as the alternative for glass printing. However, the processes are cost-intensive, and also the price of the materials used for the processes keeps changing deciding the ceramic inks' market value. Such factors are restricting the ceramic inks market growth in recent years.


 


On the other hand, the COVID widespread has restricted the operations of industries and other non-essential activities. Such factors also have pulled the ceramic ink's market value down.


 


Segment overview:


 


Based on the product:


 



  • Decorative inks 

  • Functional inks


 


Based on the formulation technology:


 



  • Solvent-based

  • Water-based

  • Oil-based.


 


Based on Application:


 



  • Ceramic tiles

  • Glass printing

  • Food container printing

  • Others.


 


Based on the technology:


 



  • Digital printing 

  • Analog printing


 


Global Ceramic Inks Market Share in 2017, by End-Use Industry


 Ceramic Inks Market Share


Source: MRFR Analysis



Regional analysis:


 


Currently, the Asia-pacific region is dominating the Ceramic inks market share due to the increasing investments in the potential end-user industries such as the construction industry. Furthermore, the increasing research and development activities carried out for the improvement in the industries and the improvement in the economic condition in these developed countries are also impacting the overall growth of ceramic inks industry across the Asia-pacific region. Other favorable conditions across the region such as increasing urbanization, abundant raw materials, industrialization, and significant growth in several end-user industries are providing lucrative opportunities for Ceramic inks market growth during the forecast period. 


 


The demand for ceramic tiles is increasing in the housing sector, as these ceramic tiles utilize ceramic inks, the overall market growth of the ceramic inks industry is also increased. Additionally, the tile manufacturers are expanding their production rate which is leading to the improvement in the ceramic inks market growth. On the other hand, in North America, due to the soaring demand for the construction industry, packaging industry, and automobile industry, the overall growth of the ceramic inks industry is also gaining momentum.


 


Competitive landscape:


 



  • Ferro Corporation

  • ZSCHIMMER & SCHWARZ CHEMIE GMBH

  • Esmalglass-Itaca Grupo

  • Torrecid.

  • FRITTA

  • Dip-Tech Digital Printing Technologies Ltd.

  • Sun Chemical

  • Changsha Six Star New Material Co., Ltd.

  • KAO CHIMIGRAF SLU

  • Electronics for Imaging, Inc.

  • Unico.

  • Vaanix Industries Pvt Ltd.

  • IIMAK.


 


Recent developments:


 


January 2022 - Nano Dimension Ltd., a reputed expert of Additively Manufactured Electronics and 3D-Printed Electronics as well as and Micro Additive Manufacturing has carried out the acquisition of Global Inkjet Systems Ltd. (GIS). As a renowned developer of additive manufacturing, GIS backs a variety of printheads from affluent manufacturers, such as Konica Minolta, Fujifilm Dimatix, Ricoh, Kyocera, Toshiba TEC, Xaar, and SII Printek. The acquisition will allow Nano Dimension to emerge as a key supplier of 3D printed electronics for use in 3D printer components as well as 3D printer manufacturers.

February 2022 - Electroninks, the particle-free metal ink developer, has received funding from In-Q-Tel, the renowned strategic investment arm owned by the US Intelligence community established by the CIA. This investment will help the company deliver large-scale particle-free conductive inks to its commercial and government partners.

In the year 2021, the leading scientists from the University of New South Wales have produced ceramic-based ink for the 3D printing of bone components, this is possible as the ink is made of calcium phosphate. Similarly, the unique technology developed by the scientists which is named Ceramic Omnidirectional Bioprinting in cell suspensions helps in printing the bone-like structures for medical practices and teaching. These products are also utilized to replace damaged bone tissues. 


 
In the year 2020, one of the leading market players, Tecglass has introduced a series of inks with higher precision and durability that are curated especially for the home appliance sector. This series is named JETVER HA and is now known for its endless possibilities for the printed glass-ceramics inks patterns, while not sacrificing the fine graphic clarity that it provides.



In the year 2020
, one of the leading market players, Azuliber, who is also a tile manufacturer, has brought in the Electronics for Imaging printer that utilizes products with innovative water-based inks. This technology was used to give a flawless final product.


 


Report overview:


 


 This report has covered:



  • Market overview

  • COVID 19 Analysis

  • Market dynamics

  • Cumulative growth analysis

  • Value chain analysis

  • Segment overview

  • Regional analysis

  • Competitive landscape

  • Recent developments


 


 Segmentation Table:


 


Based on the product:


 



  • Decorative inks 

  • Functional inks


 


Based on the formulation technology:


 



  • Solvent-based

  • Water-based

  • Oil-based.


 


Based on Application:


 



  • Ceramic tiles

  • Glass printing

  • Food container printing

  • Others.


 


Based on the technology:


 



  • Digital printing 

  • Analog printing



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   (2021 - 2030) : Substantial Value
  Base Year   2021
  Forecast Period   2021-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Technology, Application, and End-use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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)
  Key Market Opportunities   Building & construction activities
  Key Market Drivers

  • Growing application of ceramic inks in the automotive industry
  • growing food & beverages and cosmetics industries in packaging sector


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    Frequently Asked Questions (FAQ) :

    Asia Pacific is predicted to lead the ceramic inks market for high demand from packaging, automotive, and construction industry.

    Growing building and construction activities, increasing application in wall tiles and flooring, and growing demand in packaging, and automotive industry are boosting the market growth.

    High cost and availability of substitutes may hamper the ceramic inks market growth.

    Key competitors in the ceramic inks market include Tecglass (Spain), Kao Chimigraf (Spain), Sun Chemical (U.S.), Esmalglass - Itaca Grupo (Spain), Sicer S.p.A (Italy), Colorbbia Italia S.p.A. (Italy), FRITTA (Spain), Torrecid Group (Spain), Zschimmer & Schwarz (Germany), and Ferro Corporation (US).

    Key players have incorporated numerous strategies to stay ahead in the competition such as acquisitions, partnerships, collaborations, product innovations, and others.

    The market value of ceramic inks was at USD 2.24 billion in the year 2021 and it is expected to surpass the market value of over USD 3.66 billion by the year 2028 while registering a CAGR of 7.3% during the forecast period.