China, India and South-east Asia are the major countries with a huge demand for ceramic inks. Asia-Pacific is expected to show the highest growth rate of 12.0% between 2014 and 2019 for the market.
The new research report "Ceramic Inks Market defines and segments the ceramic inks market with an analysis and forecast of applications and technologies of ceramic inks.
Browse 72 market data tables with 55 figures spread through 144 pages and in-depth TOC on "Ceramic Inks Market"
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Ceramic inks are mainly used to improve attractiveness of the surface on which they are applied. They are also used to print indicative measures in applications like automotive glass printing. Printing on ceramic tiles is the fastest growing application segment for the ceramic inks market and is projected to grow at a CAGR of 7.30% from 2014 to 2019. This report defines and segments the ceramic inks market with an analysis and forecast of values for each technology used that is analog printing and digital printing. Applications of ceramic inks markets are further divided into Ceramic tiles, Glass printing, Food containers, and Others. It also identifies the driving and restraining factors for the ceramic inks market with an analysis of trends, opportunities, and winning imperatives. The market is segmented and values are forecast on the basis of major regions such as Asia-Pacific, RoW, Europe and North America.
Increasing application areas–the major driving factor for the demand of ceramic inks
The Asia-Pacific and RoW regions are expected to grow at a high growth rate from 2014 to 2019. The developing countries of Asia-Pacific like China, India, and so on are expected to increase the consumption of ceramic inks.
Growing construction industry and the growing consumer demands for customization in ceramic tiles and decorative glass are fueling the demand for the ceramic inks. Advanced technologies for manufacturing of different colored ceramic inks are projected to be an opportunity for the global ceramic inks market growth. Increasing use of the digital printing directly affects the demand for ceramic inks. Analog printing technology has a lower application base and is expensive as compared to digital printing. As a result of this, analog printing technology is slowly becoming obsolete giving way to digital printing and hence more effective and cheaper use of ceramic inks. The digital printing technology is projected to grow at a CAGR of 7.31% from 2014 to 2019.
The specialty oilfield chemicals market is growing in the Asia-Pacific region mainly due to boom in construction industry. Growth in the Asia-Pacific region is expected from China, India, and the South-East Asian countries.
Difficulty in developing new application areas for the ceramic inks acts as one of the primary restraints to the market
Ceramic inks are majorly used in ceramic tiles, glass printing, and food containers. The major market players for ceramic inks are looking to find new application areas for the product so as to boost the market for ceramic inks. However, as inks have a major application as printing, the scope to improve the existing application base is restricted significantly.