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Ceramic Inks Market Size

Report ID: GMI3553
Published Date: Jun 2021
Report Format: PDF

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Ceramic Inks Market Size

Ceramic Inks Market size was USD 1.79 billion in 2020 and will grow at a CAGR of 5.9% from 2021 to 2027. The product is mainly consumed in building & construction, food packaging, automotive windshield glasses, etc., for decorative and functional purposes. The positive outlook of the global construction activities along with the massive opportunity for electric car production across the world is estimated to increase ceramic inks penetration.

The global ceramic tiles market was projected to be approximately 12 billion square meters in 2017, which grew at a decent rate from 2017 to 2020. The product offers a choice of selecting from a wide range of colors, shades & textures for decorative applications of ceramic. Developed nations are revamping their existing infrastructure into aesthetically appealing buildings, which will attract the attention of decorative ceramic in the industry.

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Another key growth factor is increasing product usage in the automotive industry. Ceramic inks find usage in a wide range of applications in the automobile sector such as component etching, indoor & outdoor glass printing of windshields, curved automotive glass, etc. Additionally, these products also offer scratch resistance & UV resistance to a vehicle for a longer period. The automobile sector is shifting toward electrification.

Ceramic Inks Market Report Attributes
Report Attribute	Details
Base Year:	2020
Ceramic Inks Market Size in 2020:	1,790.04 Million (USD)
Forecast Period:	2021 to 2027
Forecast Period 2021 to 2027 CAGR:	5.9%
2027 Value Projection:	2,561.35 Million (USD)
Historical Data for:	2017 to 2020
No. of Pages:	295
Tables, Charts & Figures:	435
Segments covered:	Product, Formulation, Technology, Substrate, End-use, Region
Growth Drivers:	Swelling product use in automotive glass printing Strong government initiatives in buildings & construction industry Escalating sales of liquor bottles
Pitfalls & Challenges:	Cost intensive printing process Fluctuating raw material prices

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Authors: Kiran Pulidindi, Akshay Prakash

Frequently Asked Questions (FAQ) :

The ceramic inks industry share exceeded USD 1.79 billion in 2020 and will expand at a CAGR of 5.9% between 2021 and 2027.

Decorative ceramic inks will exhibit a CAGR of 5.5% from 2021 to 2027 propelled by the major usage of products in flooring, wall tiling, glass printing, and food & beverage containers.

Oil-based formulation will account for more than 40% of the overall market share by 2027 due to the rising production of vehicles in countries such as the U.S., China, and European countries.

Digital segment in will record a valuation of over USD 2 billion by 2027 owing to the rising consumer demand for high-quality prints along with customized tile options.

The prominent companies in the ceramic inks industry are Sun Chemical, Torrecid SA, Tec Glass and Ferro Corporation, among others.