Top 4 trends fueling Ceramic Inks Market expansion up to 2025

The ceramic inks market has established itself as one of the key verticals within the polymers and advanced materials space. Developments in the industry can be closely tied to the expansion of automotive, construction, food & beverage, and other key end-use sectors.

In the automaking business, ceramic inks find use in glass printing applications including curved automotive glass, windshields, and component etching. Their addition helps provide additional strength, scratch resistance, and UV resistance to the glass. These properties also make ceramic ink formulations a desirable material in construction where glass is widely used.

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The food & beverage sector is another key consumer of these formulations where they are used for decorating and labelling food containers. The global market for ceramic inks could surpass US$2.7 billion in terms of annual value by 2025, says Global Market Insights, Inc. Let’s take a look at some of the key factors shaping future growth trends in the market.

Decorative ceramic inks to be in demand

Ceramic inks can be broadly classified into decorative and functional inks. Among these, the decorative segment could generate more than US$1.2 billion by 2025.

Decorative ceramic inks are prominently used in building and construction applications such as flooring, glass printing, wall tilling, and many others. The rise in residential and commercial construction, mainly in developing countries, will certainly boost the product demand in the future.

Solvent based inks to remain a popular choice
In terms of the formulation, ceramic inks are available in water, oil, and solvent based forms. The solvent based ceramic inks market size is slated to reach US$700 million by 2025.

Concerns regarding volatile organic compound (VOC) emissions, however, may limit their demand. This could lead to increased adoption of water and oil based formulations which have been gaining immense traction lately.

Consistent demand in building & construction

The building & construction sector had captured around one-fourth of the ceramic inks market share in terms of revenue in 2018. Growing construction business in developing countries led by rapid urbanization indicates that the segment will grow substantially in the forthcoming years.

In construction, the product is used in printing glass, ceramic tiles, and other applications.

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Promising opportunities in the MEA region

The market for ceramic inks in the Middle East and Africa could reach an annual valuation of more than US$160 million by 2024, mainly driven by the expanding automotive sector. The region has witnessed a notable rise in auto production, especially premium and luxury vehicles.

The COVID-19 pandemic has impacted ceramic inks market trends in numerous ways. The year 2020 witnessed a considerable halt in automotive production and major construction projects worldwide as governments prioritized curbing the spread of the coronavirus. Additionally, disruptions in supply chain and lack of raw materials proved to be major challenge for manufacturers last years. An increased consumption of packaged food products, however, helped the industry stay alive during the crisis.

As industrial operations and construction projects resume, ceramic ink manufacturers could witness tremendous opportunities. Some of the leading manufacturers include Sun Chemical, Ferro Corporation, Zschimmer-schwarz Group, Fritta SPA, Sicer SPA, and Torrecid SA.

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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.