08.31.23
According to Transparency Market Research Inc. (TMR), the global market for ceramic inks was estimated to be worth US$2.4 billion in 2021. The market is anticipated to advance with a 6% CAGR from 2022 to 2031, and by 2031, the market is likely to gain US$4.4 billion.
Ceramic inks are employed to print patterns on glass and ceramic tiles, which are utilized in building construction. Water and a number of other liquids won't smear or bleed through these inks. Ceramic glass is the perfect medium to print graphics on ornamental glass due to its weather resistance. It is frequently used to adorn bathrooms and rooms.
Numerous small- and large-scale producers and suppliers make up the ceramic inks industry globally, and they have the lion's share of the market share. With extensive research and development efforts, the majority of businesses are implementing new technologies and business models, particularly to create digital ceramic inks.
Key Findings of the Market Report
• In 2021, digital printing held a sizable proportion of 63.5% of the overall market.
• A CAGR of 6.1% is predicted for digital printing throughout the projection period.
• In 2021, decorative inks held a significant market share of 78.3%.
• During the projection period, the decorative inks segment is anticipated to increase at a growth rate of 6.2%, which is above average.
• With a 63.9% market share in 2021, the ceramic tiles category led the global market for ceramic inks.
• During the projection period, the category is anticipated to develop at a respectable CAGR of 6.2%.
• In 2021, Asia Pacific accounted for 52.1% of the global ceramic inks market.
One of the main causes of the rise in demand for ceramic tiles is expanding population. It is anticipated that the global population transition from rural to urban regions would increase demand for housing as well as commercial infrastructure in cities. This is anticipated to increase the market for ceramic inks by boosting demand for glass and ceramic tiles.
The demand for ceramic inks is larger in digital printing than it is in analog printing due to the increased use of digital printing across the world. Digital printing has a number of benefits over analog printing, including affordability, more customization, mass manufacturing, environmental friendliness, and quick design modifications.
Ceramic inks are employed to print patterns on glass and ceramic tiles, which are utilized in building construction. Water and a number of other liquids won't smear or bleed through these inks. Ceramic glass is the perfect medium to print graphics on ornamental glass due to its weather resistance. It is frequently used to adorn bathrooms and rooms.
Numerous small- and large-scale producers and suppliers make up the ceramic inks industry globally, and they have the lion's share of the market share. With extensive research and development efforts, the majority of businesses are implementing new technologies and business models, particularly to create digital ceramic inks.
Key Findings of the Market Report
• In 2021, digital printing held a sizable proportion of 63.5% of the overall market.
• A CAGR of 6.1% is predicted for digital printing throughout the projection period.
• In 2021, decorative inks held a significant market share of 78.3%.
• During the projection period, the decorative inks segment is anticipated to increase at a growth rate of 6.2%, which is above average.
• With a 63.9% market share in 2021, the ceramic tiles category led the global market for ceramic inks.
• During the projection period, the category is anticipated to develop at a respectable CAGR of 6.2%.
• In 2021, Asia Pacific accounted for 52.1% of the global ceramic inks market.
One of the main causes of the rise in demand for ceramic tiles is expanding population. It is anticipated that the global population transition from rural to urban regions would increase demand for housing as well as commercial infrastructure in cities. This is anticipated to increase the market for ceramic inks by boosting demand for glass and ceramic tiles.
The demand for ceramic inks is larger in digital printing than it is in analog printing due to the increased use of digital printing across the world. Digital printing has a number of benefits over analog printing, including affordability, more customization, mass manufacturing, environmental friendliness, and quick design modifications.