Ceramic Inks Market Analysis

Ceramic Inks Market Analysis

The decorative segment will witness over 5.5% CAGR by 2027. These products find major use in flooring, glass printing, wall tiling, food & beverage containers, consumer goods, etc., for labeling & decorative applications. The rising need for aesthetically appealing products together with the growing consumer need for a wide assortment of color & texture will drive the ceramic inks market share.

The oil-based formulation segment will hold over 40% share by 2027. This product is made using synthetic base oil and find its usage in both functional & decorative purpose. The growing production of vehicles in major countries including China, the U.S., and European countries is estimated to propel segment growth.
 

The digital segment will generate over USD 2 billion by 2027. Consumers demand high-quality prints along with customized tile options, propelling the growth of digital technology in the ceramic tile printing sector. Furthermore, this technology offers a high level of reliability and quick printing option, increasing its usage in the glass & ceramic printing sector.
 

Ceramic substrates will witness around 6% CAGR over the estimation period, which can be attributed to the rising consumption of ceramic tiles in building & construction activities. Additionally, the growing demand for pottery, dinnerware, etc., especially in China, India, and the U.S., is estimated to increase the popularity of ceramic inks by the end of 2027.
 

In 2020, the building & construction segment generated a market revenue of around USD 690 million. Increasing construction activities are estimated to drive product penetration in this segment. Building owners and retailers in developed countries are demanding unique texture, colors, and high-quality printing options for flooring, tiles, etc. This trend will further enhance ceramic inks market penetration during the construction of new buildings & structures.
 

The Asia Pacific region holds over 45% share from 2017 to 2027 and can be contributed to the increasing government investments in building local infrastructure across major countries. The region is experiencing tremendous growth in population in China, India, Japan, Indonesia, etc., which is driving the need for construction activities. Furthermore, the growing disposable incomes in emerging countries are boosting the sales of decorative tiles in the region. India reported the sales of ceramic tiles to 760 million square meters in 2017, out of which 40% of the sales were attributed to polished & glazed vitrified tiles. Such trends are expected to increase the penetration of ceramic tiles in the region.