Home > Chemicals & Materials > Specialty Chemicals > Custom Synthesis > Ceramic Inks Market
Ceramic Inks Market size achieved USD 1.98 billion in 2023 and will grow at 5.9% CAGR from 2024 to 2032. 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 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.
Report Attribute | Details |
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Base Year: | 2023 |
Ceramic Inks Market Size in 2023: | USD 1.98 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 5.9% |
2024 – 2032 Value Projection: | USD 3.42 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 172 |
Segments covered: | Product, Formulation, Technology, Substrate, End-use, Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Additionally, 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.
The growth of the ceramic inks market is being significantly driven by several key factors. Such as, the use of swelling products in automotive glass printing enhances the durability and visual appeal of automotive glass, leading to increased adoption of ceramic inks in this sector. Also, robust government initiatives in the buildings and construction industry are spurring demand for high-quality, durable ceramic inks used in decorative and functional applications, such as tiling and facades.
Moreover, the escalating sales of liquor bottles, which often feature intricate ceramic designs for branding and aesthetic purposes, are boosting the demand for specialized ceramic inks. These inks provide vibrant, long-lasting colors that are essential for premium packaging. Global vehicle production has been reported at 77 million units in 2022, which is around 15% lower than the previous year. The building & construction industry has also faced substantial challenges in sourcing building materials worldwide, drastically impacting the overall construction activities in the current pandemic time. The positive outlook of the packaged food & beverages industry will gradually increase the market sales.