Global Functional Printing Market, By Material (Substrates, Inks), By Printing Method (Inkjet Printi

Published Date: | Report Code : IT1958684

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Market Dynamics

The high growth of Application Sensors, Displays, Lighting, Battery, Photovoltaic, RFID, Tags, Others in the emerging regions is expected to drive the demand of Global Functional Printing Market during the forecast period. Some of the major end-use industries in the global functional printing market have been witnessing strong growth in emerging regions such as the Asia Pacific and the Middle East.

Segment Analysis

The process of sending forward the functionality in 2D & 3D components that are based on silicon is called functional printing. This is used to print on many substrates such as glass and paper with ink and different substrates and helps deposit and control the pattern on the material. Applications of functional printing such as RFID tags, sensors, and displays are boosting the market.

The market is segmented based on the material, the printing method, and the application.

Based on the material, the market is bifurcated into substrates and inks.

On the basis of the method of printing, it is segmented as Inkjet Printing, Screen Printing, Gravure Printing, Flexography, and Others. The inkjet printing method is expected to lead the market. It is the most cost-efficient option from the printing methods. With the flood of technology in other sectors, it is also being used in product decoration, biochip, printable electronics, among many others. This type of printing is also used for 3D printing. The inkjet printing offers various advantages such as flexibility in productivity, printing variable data, a quick turnaround time which makes it more useful in various industries.

By the application, the market is divided into Sensors, Displays, Lighting, Battery, Photovoltaic, RFID, Tags, and Others.

The North America region has the largest market share for functional printing market. There is an increase in the demand for NFC (Near Field Communication) in the region which is driving the market. The increase in the development of Smartphone technology at a rapid pace is the cause of mobiles being used for payments. A Smartphone is now the main payment method among the consumers due to the functioning of the NFC chip.

Key Factors Impacting Market Growth:

  • Increasing demand for low-cost electronics

  • Optimized consumption of energy and raw materials

Regional Analysis

By region, the global functional printing market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the global functional printing market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end-users in the respective region. The North America global functional printing market is further segmented by the US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: Blue Spark Technologies, Avery Dennison Corporation, Eastman Kodak Company, Nano Solar Inc., Palo Alto Research Center Inc., Vorbeck Materials Corporation, Universal Display Corporation, Toyo Ink SC Holdings Co. Ltd., BASF SE, Novaled AG, Xaar Plc., Xennia Technology Limited

Market Segmentation:

By Material:

  • Substrates

  • Inks

By Printing Method:

  • Inkjet Printing

  • Screen Printing

  • Gravure Printing

  • Flexography

  • Others

By Application:

  • Sensors

  • Displays

  • Lighting

  • Battery

  • Photovoltaic

  • RFID

  • Tags

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Material

    • By Printing Method

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Material

    • By Printing Method

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Material

    • By Printing Method

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Material

    • By Printing Method

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Material

    • By Printing Method

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Material

    • By Printing Method

    • By Application

Reasons To Buy This Report:

  • Market size estimation of the global Functional Printing Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

  • By Region/Country

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