Ceramic Inks Market to offer a healthy CAGR of 6.4% during 2020-25
February 14, 2020
Ceramic Inks Market Overview:
Ceramic Inks Market is likely to witness an impressive CAGR of 6.4% during the forecast period. The increasing demand for decorated tiles from the growing construction industry, coupled with the augmenting interest towards digital ink over traditional screen printing in ceramic tiles and the increasing demand for decorated glass in interior designing are some key factors that are underpinning the growth of the ceramic inks market globally.
Report Overview:
This new report from Stratview Research analyses the Ceramic Inks Market over the trend period from 2014 to 2019 and forecast period from 2020 to 2025. The insights of the report shall enable informed decision making and strategy formulation for the near future to capitalize on the opportunities.
Salient Features of the Report
The Research Report offers an in-depth view of the market, its health and growth, the factors shaping the industry, the competitive dynamics and a glimpse of the future.
The following are the key features of the report:
- Strategic segmentation
- Market analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
- Detailed Competitive Rivalry landscaping
- Market trend and forecast analysis
- Future Growth Boulevards
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Ceramic Inks Market Segment Insights:
Type: functional inks and decorative inks
Based on the type, the market is segmented as functional inks and decorative inks. The decorative ink segment held the larger share of the market in 2019 and is also expected to register higher growth during the forecast period. The growth can be attributed to the large-scale demand for decorative inks in the construction industry, especially in ceramic tiles.
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Application Type: ceramic tiles, glass printing and others
Based on the application type, the market is segmented as ceramic tiles, glass printing, food container printing, and others. The ceramic tiles segment, not only imposed the market in 2019, but is also expected to register the highest growth during the forecast period. This growth is owing to the high demand for ceramic tiles by the construction industry.
A highly/moderately/fragment consolidated Market
Some of the key ceramic ink manufacturers are Ferro Corporation, Torrecid Group, Colorobbia Holding S.p.A, Esmalglass - Itaca Grupo, Zschimmer & Schwarz, Sicer S.p.A., KAO Chimigraf, Sun Chemical, Colores Olucha S.L., and Six Star Ceramic Colours Co., Ltd.
Region: Asia-Pacific was the largest market for Ceramic Inks
In terms of regions, Asia-Pacific is expected to dominate the ceramic inks market during the forecast period. China and India are the growth engines of the Asia-Pacific region. The market is driven by the growing demand for ceramic ink in the construction industry. North America and Europe are also likely to offer lucrative growth opportunities during the forecast period.
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