Ceramic Inks Market Growth & Trends 2023

1. Ceramic Inks Market Analysis, Statistics, Revenue, Demand and Trend Analysis Research Report by 2027

2. The ceramic inks market is anticipated to witness significant growth by 2027, exhibiting a notable CAGR through the forecast period, owing to increasing emphasis on product innovation and prevalent construction activities in key markets. • Digital ceramic inks are created using inorganic color pigments as well as ground glass particles. Technological advancements in these inks have allowed digital printing methods to comply with both regulatory and commercial requirements. • Notably, digital printing on glass has gained considerable popularity among manufacturers due to various benefits offered by the technology. Subsequently, surging demand for digital printed glass across diverse industries is speculated to drive product adoption in the future. • Industry players and researchers have been exploring the use of ceramic inks in varied applications. For instance, in April 2021, a team from the University of New South Wales in Sydney, Australia, presented a novel technique for creating in-situ new bone tissue inside the human body during a surgical procedure. • For this purpose, the team created a ceramic ink to 3D print bones that mimic bone structures with patient's own cells. The novel 3D printing process could immensely help trauma and cancer patients in need of bone replacements by reducing pain and expediting recovery.

3. Recently, there has been a rise in demand for healthcare complexes to accommodate the proliferating patient load following the COVID-19 outbreak. As a result, rising demand for ceramic tiles, especially in building healthcare complexes, is projected to further boost market expansion over 2021-2027. For extensive assessment, the ceramic inks market has been categorized based on product, technology, formulation, end-use sector, substrate, and region. In terms of product, the market has further been segmented into functional and decorative. The functional sub-segment is estimated to exhibit tremendous growth over the projected timeframe to amass sizable revenue by 2027. Soaring product demand in automotive glass printing applications is projected to support segmental adoption through the forecast period. Based on substrate, the ceramic inks market has been divided into ceramic, glass, and others. The ceramic sub-segment is expected to see substantial growth at a rate of 5.8% over the assessment timeframe. Escalating focus on building commercial complexes with aesthetically appealing wall tiles, floorings, etc. is expected to accelerate segmental growth around the globe in the following years. From the perspective of end-use sector, the market has been bifurcated into building & construction, automotive, food & beverage container, and others. In 2020, the others sub-segment accounted for a significant share in the ceramic inks market revenue and is anticipated to expand at a considerable CAGR through the projected timeframe.

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