Authority (BIDA), the ceramic industry is valued more than US$ 10 billion
worldwide.
Furthermore, growing construction industry coupled with increasing government
spending on infrastructural activities is resulting in burgeoning the growth of
ceramic decal market. According to Government of the United Kingdom (Her
Majesty’s Government), the construction market is projected to witness growth of
over 70% by 2025, worldwide.
According to India Brand Equity Foundation (IBEF), the government of India is
focused on growth of the infrastructure sector and allocated US$ 92.22 billion for
the infrastructure sector. Also, companies in India and Malaysia signed deals for
infrastructure projects to be implemented in India.
However, ceramic materials can crack easily when hit with heavy items, which is
eepected to hinder the market growth.
Market Trends
Among application, the ceramic tiles segment is eepected to witness a signifcant
growth in the near future, owing to increasing demand in construction industry,
which aids the growth of construction industry. According to Ofce for National
Statistics, the overall value of new work construction was US$ 116,215.7 million in
2016.
Among product type, the digital ceramic decal segment is eepected to witness
signifcant growth in global ceramic decal market, owing to advantages such as
fast process and short runs are possible at a relatively low cost as compared to
other products.
Key manufacturers are focused on launching new products and plant eepansion to
eepand their product portfolio to meet increasing consumer demand. For
instance, in September 2012, Xaar Plc., launched Xaar 1001 GS12 tile printers,
designed to meet specifc requirement in ceramic sector.
Also, Digital Ceramic Systems Ltd. launched ceramic color technology in
September 2017, for high fring temperatures of nearly 1300C. High temperature
fring ensures durability and eecellent wear-resistance making custom decorated.
Browse Detail Report @
https://www.coherentmarketinsights.com/ongoing-insight/ceramic-decal-
market-1928