Report Ocean has recently released a comprehensive research report on the global Functional Printing Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Functional Printing Market is valued at approximately USD $$ billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.59% over the forecast period 2022-2029.
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Functional Printing is the process of transferring features to 2D and 3D silicon-based components. It is used to print on various substrates such as paper and glass using inks and substrates. The Functional Printing market is expanding because of factors such as increasing demand for low cost and high-speed manufacturing and simplified additive manufacturing and a wide range of substrates. This market is dominated by Eastman Kodak, BASF SE, DuPont, Toyo Ink, Avery Dennison, and Universal Display Corp.
Low-cost manufacturing processes are a key factor behind the increasing demand for functional printing technology. Traditional low-cost, high-volume printing techniques allow low-cost production of lightweight, robust electronic components. The printing process does not require etching, metallization, or copper plating, thus eliminating the need for wastewater treatment. As per Press Information Bureau Of India, in October 2021, Prime Minister Narendra Modi announced that India will see low-cost manufacturing and high-performance opportunities after breaking ground on the C-295 transport aircraft manufacturing facility to be built by a consortium led by Tata Advanced Systems Limited (TASL) said to offer Airbus Defense and Space in Vadodara.
As well as the rising surge for the simplified additive manufacturing National Center for Additive Manufacturing (NAMC) India, the strategy recommends the establishment of a specialized agency to facilitate the adoption of additive manufacturing (AM) technology through a public-private partnership (PPP) model. Subject matter experts and industry leaders should be members of this body and initiatives may be taken in consultation with all members. International cooperation is also possible. It also recommends conducting in-depth research to analyze the manufacturing sector and assess its potential. In addition, the rising demand for Inkjet technology is expected to fuel market growth of the significant market in the forthcoming years. However, the existing technologies are not suitable for electronic printing stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Functional Printing Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of branded products and the region’s increasing disease prevalence as well as it is expected to grow with the highest CAGR during the forecast period, owing to factors such as active participation of government and nonprofit organizations in the expansion of the market space. Increasing demand for Near Field Communication (NFC) in North America is expected to drive the market in the region. Mobile phones are seen as the primary payment option as smartphone technology changes rapidly. Having an NFC chip in your smartphone makes payments easy and hassle-free, making it the choice of many people who want to conduct transactions from their handheld devices.
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Major market players included in this report are:
- E Ink Holdings Inc.
- Blue Spark Technologies, Inc.
- Mark Andy Inc.
- ALTANA AG
- Eastman Kodak Company Ltd
- Enfucell Oy
- Avery Dennison Corporation
- BASF SE
- GSI Technologies LLC
- Isorg
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Material:
Substrates
Inks
By Printing Technology:
Inkjet Printing
Screen Printing
Gravure Printing
Flexography
Other Printing Technologies
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By Application:
Sensor
Display
Lighting
Battery
Photovoltaic
RFID Tags
Other Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
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Here are the key questions addressed in the report:
- What is the potential for growth in the Functional Printing market?
- Which product segment is expected to dominate the market?
- Which regional market is likely to emerge as a frontrunner in the future?
- Which application segment is poised for strong growth?
- What are the potential growth opportunities that may arise in the Functional Printing industry?
- What are the major challenges that the Functional Printing market may face in the future?
- Who are the leading companies in the Functional Printing market?
- What are the key trends positively impacting the market’s growth?
- What growth strategies are being considered by the market players to maintain their position in the Functional Printing market?
Our sample report encompasses the following elements:
- Introduction, Overview, and In-depth Industry Analysis: A comprehensive analysis of the industry, providing an updated report introduction along with an in-depth examination of key aspects.
- Research Report of 200+ Pages: The report consists of more than 200 pages, incorporating the latest research findings and insights.
- Chapter-wise Guidance: We offer chapter-wise guidance upon request, allowing you to navigate the report and delve into specific areas of interest.
- Updated Regional Analysis with Graphical Representation: Our report includes an updated regional analysis, presented in a graphical format to illustrate the size, share, and emerging trends within each region.
- List of Tables and Figures: It features an updated list of tables and figures that support the information presented in the report.
- Top Market Players: The report includes a comprehensive analysis of the leading market players, highlighting their business strategies, sales volume, and revenue analysis.
- Facts and Factors Research Methodology: Our research methodology is based on a rigorous approach, ensuring the accuracy and reliability of the information presented in the report.
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