Decorated Glass and Tile Lead to Increasing Demand for Ceramic Inks
Ceramic inks are used in various applications such as ceramic tile, glass printing, and food container printing, among others.
The global market for ceramic inks is projected to grow from $1.83 billion in 2017 to $2.59 billion by 2022, increasing at a compound annual growth rate (CAGR) of 7.2%, according to a report available from Research and Markets. Ceramic inks are used in various applications such as ceramic tile, glass printing, and food container printing, among others.
The growth of the ceramic inks market can be attributed to the flourishing construction industry across the globe. Ceramic tile are widely used in the construction industry to improve the aesthetic appeal of floors and walls. The demand for ceramic tile is increasing across the globe due to the rising number of residential and commercial construction projects being carried out in emerging economies.
With the emergence of digital printing technology, manufacturers of ceramic tile are now able to offer a variety of designs to their customers. In addition, the digital process also helps ensure zero wastage of ceramic tile while printing, thereby reducing losses.
The Asia-Pacific ceramic inks market is projected to grow at the highest CAGR during the forecast period. China, Vietnam and India are the key markets for ceramic inks in the Asia-Pacific region. The growth of the ceramic inks market in the Asia-Pacific region can be attributed to increased government spending and private sector investments being made to carry out infrastructural development projects. This, in turn, leads to increased demand for ceramic tile and fuels the growth of the ceramic inks market in the region.
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