Ceramic Inks Market by Technology (Analog printing, and Digital printing), Application (Ceramic tiles, Glass printing, Food containers and Others) and Geography - Regional Trends & Forecast to 2019
NEW YORK, Oct. 22, 2014 /PRNewswire/ -- The ceramic inks market is projected to grow at a CAGR of 7.00% between 2014 and 2019 to reach $1766.36 million by 2019. Asia-Pacific held the largest share in 2013 with China the leading the region. In the low penetrated markets of Asia-Pacific and Rest of the World a high growth is expected while the highly developed North American and European regions are predicted to show moderate growth. Growth in the North American region is expected to be from the increase in construction because of low interest rate on housing loan given by the government.
The major players in the ceramic ink markets are divided into two groups ceramic ink manufacturers/formulators, ceramic ink suppliers. Zschimmer & Schwarz Group (Germany), Unico Digital SA (Europe), Xennia Technology (U.K.), and so on are the major ceramic inks manufacturers whereas Ferro Corporation (U.S.), Electronics for Imaging (U.S.), Arrow Systems Inc. (U.S.), and so on, is the major ceramic ink suppliers companies in this market. These companies showed significant presence amongst other players in the fragmented global ceramic inks market.
New product launch was the most preferred strategy among the major players in the ceramic inks market, globally. The major players are enhancing their product portfolio and geographical reach by launching new products. For example, Xennia Technology has launched three new colors to its ceramic ink range for digital tile printing. Pink, White and Beige are the new colors added to the range. There were some acquisitions in the ceramic inks market especially for the technological advancements.
Many companies, offering ceramic inks, are actively trying to increase their product portfolio and regional presence to cater to different regional markets. These are trying to enter the low penetrated markets in developing regions.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ceramic-inks-market-by-technology-analog-printing-and-digital-printing-application-ceramic-tiles-glass-printing-food-containers-and-others-and-geography--regional-trends--forecast-to-2019-663755163.html
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