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Digital Fabrication Inkjet Inks Market Size
Digital Fabrication Inkjet Inks Market size was worth USD 5.45 billion in 2022 and is expected to observe 9.7% CAGR from 2023 to 2032 owing to the increasing adoption of 3D printing technology.
3D printing has gained prominence in various industries such as aerospace, automotive, healthcare, and consumer goods, adding to the high demand for high-quality inkjet inks in digital fabrication. These inks play a crucial role in 3D printing, enabling the precise deposition of materials to create complex and detailed structures. Additionally, the rising investments led by several industry leaders for the development of new 3D printing technologies will promote the usage of inkjet inks in 3D printing. For instance, in February 2021, Inkbit, the startup that created the first 3D printer with vision-based feedback control, launched its Additive Manufacturing System with Inkbit Vista, a closed-loop feedback three-dimensional printing system.
How big is the North America digital fabrication inkjet inks market?
North America digital fabrication inkjet inks generated USD 1.8 billion in 2022 and is set to expand at notable CAGR from 2023-2032 owing to technological innovations, the strong emphasis on R&D as well as the growing focus on sustainability and eco-friendly solutions.
Why is the demand for the plastics gaining traction in the digital fabrication inkjet inks market?
The plastics segment accounted for 45% share of the digital fabrication inkjet inks industry in 2022 and is expected to grow substantially through 2032 owing to the widespread use of plastic materials in 3D printing due to their versatility, affordability, and ability to create complex geometries.
What is the size of the digital fabrication inkjet inks industry?
Market size for digital fabrication inkjet inks was valued at USD 5.45 billion in 2022 and is poised to witness 9.7% CAGR from 2023 to 2032 driven by the increasing adoption of 3D printing technologies
Who are the major digital fabrication inkjet inks business players?
Some of the top firms engaged in the digital fabrication inkjet inks are Dupont, TRIDENT, Wikoff Color, Fujifilm Sericol International, HP, Sensient Imaging Technologies, Collins, Nippon Kayaku, EPSON, Nazdar, InkTec, Roland DG, Van Son Holland Ink, and Hitachi.