Building & construction activities propel the growth of Global Ceramic Inks Mark
Posted by rohan on September 23rd, 2019
Ceramic Inks Market Overview:
Ceramic inks consist of a mixture of pigments (metal oxides and salts) and finely ground glass particles, called frit. Ceramic inks are broadly employed to decorate ceramic tiles, plain glasses, hollow glasses, or food containers. The global market worth of ceramic inks was estimated at USD 2.10 billion in 2018 and is expected to reach the value of USD 2.97 billion by 2023, growing at a CAGR of around 7.2% during the forecast period.
Market drivers and restraints:
Building & construction activities are estimated to drive the growth of the global ceramic inks market over the forecast period. Ceramic ink is broadly employed in interior designing, especially for ceramic tile printing, glass printing for exterior parts of construction &other decorations, and printing on food containers for better look and feel. In addition to that, the growing demand for ceramic inks in the automotive industry is estimated to boost the growth of the global market over the forecast period.
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Report segmented as:
By printing technology:
Based on the geography, the global ceramic inks market is segregated into Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. The Asia Pacific was the biggest and fastest-growing market for ceramic inks in 2018, owing to high demand from the industries like construction, automotive, and packaging, and is estimated to lead the market over the forecast period.
Important market players:
Some of the key players operating in the global ceramic inks market are Ferro Corporation (US), Zschimmer& Schwarz (Germany), Torrecid Group (Spain), FRITTA (Spain), Colorbbia Italia S.p.A. (Italy), Sicer S.p.A (Italy), Esmalglass - Itaca Grupo (Spain), Sun Chemical (U.S.), Kao Chimigraf (Spain), and Tecglass (Spain).
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The Scope of the report:
This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.
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About the Authorrohan
Joined: September 20th, 2017
Articles Posted: 1,346
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