Ceramic Inks Market

Ceramic Inks Market Size-(2023-2028)

The ceramic inks market was valued at $ 3.28 billion in 2022 and is predicted to reach $ 5.82 billion by 2028, with a 9.7% annual compound rate between 2023-2028

Ceramic ink is employed in various applications, namely ceramic tile, glass printing, and food packaging printing. Ceramic tiles are the largest application segment of the ceramic inks industry. The call for ceramic ink is rising due to the expansion of the construction industry in the world. The ceramic inks employed in digital printing are more expensive than those employed in analog printing. Besides, the quantity of ceramic inks required for digital printing is greater than that of analog printing. This is mainly because the use of digital printing is expanding in the world. The chemical formulations and coloring pigments employed in ceramic inks for digital printing are different from those employed in analog printing. Nevertheless, ceramic ink manufacturers need to focus more on formulations designed for digital printing technology as the industry moves to take advantage of digital printing by embracing digital printing technology instead of technology.

Ceramic inks can be defined as carriers of metal oxide pigments with fine ceramic particles. These inks are employed in automatic application techniques. Ceramic inks are employed in ceramic tiles, which are employed in the construction of buildings. These tiles are commonly employed to decorate bedrooms and bathrooms. Ceramic inks are employed to print various patterns on ceramic tiles. These inks are resistant to water and many other liquids. Therefore, they are widely employed for printing on ceramic tiles. A large amount of glass is employed in the construction industry to decorate various aspects of the interior of buildings. Ceramic inks are employed to print patterns on the glass. The weatherproof properties of ceramic glass make it an ideal material for printing patterns on decorative glass. The trend of utilizing ceramic and glass decorative tiles in construction is predicted to continue throughout the foreseen period. In turn, it is estimated that this will increase the industry's call for ceramic inks in the construction industry. 

Recent Developments 

EFI launched two new advanced digital inkjet printing technologies at Ceramics China from May 27 to 30 in Guangzhou, generating more value and efficiency for customers in the transition from analog to digital in ceramic tile decoration. 

Ceramic Inks Market Drivers:

The escalating use of digital printing technology has allowed manufacturers to produce in bulk and offer a variety of product designs at competitive prices. This has contributed to the expansion of the ceramic ink industry with the escalating penetration of digital printing technology. The wide use of this technology is due to its advantages over analog printing technology, such as low production cost, higher production speed, excellent print quality, and customized product offerings. This has resulted in an increase in the production and consumption of ceramic inks. Ceramic ink is employed in-glass printing, ceramic tile, and food container printing applications. The ceramic ink industry is primarily driven by digital printing technology. But, the employment of digital printing technology is majorly restricted to the employment of ceramic tiles which is the major customer of ceramic inks. For instance, textile printing may be a newer area of ​​use for ceramic ink makers, but for this use, they will have to change the composition of the inks and the technology. Developing new application areas has become a challenge for manufacturers of ceramic inks.

Restraints in the Ceramic Inks Market:

Analog printing and digital printing are the only technologies employed in the ceramic ink industry. The boom in the call for ceramic inks is primarily due to the introduction of digital printing technology. The cost of changing from analog to digital is very high. Expensive digital printers combined with expensive ceramic inks for digital printers require a large investment for end-users. The Asia-Pacific region produces 70.4% of the total ceramic tiles produced in the world. Ceramic ink manufacturers are concentrated in Spain, Italy, and China and supply the inks from these countries to high-expansion industries such as India, Saudi Arabia, Vietnam, Indonesia, and others. Establishing a production base close to the consumer industry always offers a competitive advantage. The growing call for ceramic tiles in these regions and the expansion of the construction industry in these regions are predicted to present an opportunity for ceramic ink manufacturers to expand their businesses in these regions

CERAMIC INKS MARKET REPORT COVERAGE:

Market Segmentation

Ceramic Inks Market - By Application

• Ceramic tiles

• Glass printing

• Food container printing

According to the application, ceramic tiles are predicted to be the largest and fastest-growing area in the predicted period. The ceramic inks industry in the ceramic tile applications segment represented the largest industry share in the worldwide ceramic inks industry.

Ceramic Inks Market - By Technology

• Analog

• Digital

On the basis of technology, digital printing is predicted to be the largest and fastest-growing sector in the ceramic ink industry. The ceramic ink industry is moving towards the complete replacement of analog printing technology with digital printing technology.

Ceramic Inks Market - By Formulation

• Solvent-based

• Water-based

Ceramic Inks Market - By Type

• Decorative

• Functional

Depending on the type, decorative inks made up the majority of the industry. There is a great call for decorative inks in the application of ceramic tiles. These inks are employed to improve the appearance of ceramic, glass, metal, and tiles.

Ceramic Inks Market - By End-use

• Construction

• Consumer products

• Food and beverage

• Others

Ceramic Inks Market - By Region

• North America 

• Europe 

• Asia Pacific 

• Latin America 

• Middle East & Africa 

In 2020, the ceramic ink industry was dominated by Asia-Pacific with most of the world's ceramic ink industry. Asia-Pacific is the emerging industry for ceramic inks due to its high consumption in the application of ceramic tiles. The main factor predicted to drive the ceramic ink industry is the increase in ceramic tile production worldwide. Manufacturers are escalating their tile manufacturing capacity, which is predicted to further increase the ceramic ink industry during the foreseen period. Asia-Pacific is the major customer of ceramic inks, majorly owing to the major manufacturing of ceramic tiles. Unlike ceramic tile, patterned glass manufacturing is more common worldwide. Likewise, the manufacture of printed ceramic tableware is also common in the world. Nevertheless, Asia remains the leading manufacturer of glass and tableware. China is considered the manufacturing center of the world. This further stimulates the Asia Pacific ceramic ink industry. 

Ceramic Inks Market Key Players:

• 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)
• Tecglass (Spain)