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Global Functional Printing Market to reach USD XX billion by the end of 2029.

Global Functional Printing Market Size study & Forecast, by Material (Substrate, Ink), Printing technology (Inkjet Printing, Screen Printing, Gravure Printing, Flexography, Other Printing technology), Application (Display, Sensors, Batteries, RFID Tags, Lighting, Photovoltaic, Other Application) and Regional Analysis, 2022-2029

Product Code: CMP-82973884
Publish Date: 25-01-2023
Page: 200

Global Functional Printing Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than 21.59% over the forecast period 2022-2029. 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.

Major market player 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
Recent Developments in the Market:
 In November 2020 – A team of engineers at the Carnegie Mellon University School of Engineering developed a new method to 3D bioprint a realistic model of the human heart. The model is flexible and strong enough to sew, potentially improving the way surgeons train for heart surgery.
 In January 2020, BASF completed the acquisition of Solvay’s polyamide business. The European Union Commission approved Domo Chemicals of Leuna, Germany, as the buyer for the European polyamide business of BASF, which BASF was unable to acquire due to regulatory restrictions. As part of the agreement, BASF’s polyamide production capacity will be expanded to include new products. It will also improve access to emerging markets in Asia, North America, as well as South America.

Global Functional Printing Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Material, Printing Technology, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

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

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

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Functional Printing Market, by Region, 2019-2029 (USD Billion)
1.2.2. Functional Printing Market, by Material, 2019-2029 (USD Billion)
1.2.3. Functional Printing Market, by Printing Technology, 2019-2029 (USD Billion)
1.2.4. Functional Printing Market, by Application, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Functional Printing Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Functional Printing Market Dynamics
3.1. Functional Printing Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing Demand for Low-Cost and High-speed Manufacturing
3.1.1.2. Simplified Additive Manufacturing and a Wide Range of Substrates
3.1.2. Market Challenges
3.1.2.1. Existing Technologies are not Suitable for Electronic Printing
3.1.3. Market Opportunities
3.1.3.1. Rising Demand for Inkjet Technology
Chapter 4. Global Functional Printing Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Functional Printing Market, by Material
6.1. Market Snapshot
6.2. Global Functional Printing Market by Material, Performance – Potential Analysis
6.3. Global Functional Printing Market Estimates & Forecasts by Material 2019-2029 (USD Billion)
6.4. Functional Printing Market, Sub Segment Analysis
6.4.1. Substrates
6.4.2. Inks
Chapter 7. Global Functional Printing Market, by Printing Technology
7.1. Market Snapshot
7.2. Global Functional Printing Market by Printing Technology, Performance – Potential Analysis
7.3. Global Functional Printing Market Estimates & Forecasts by Printing Technology 2019-2029 (USD Billion)
7.4. Functional Printing Market, Sub Segment Analysis
7.4.1. Inkjet Printing
7.4.2. Screen Printing
7.4.3. Gravure Printing
7.4.4. Flexography
7.4.5. Other Printing Technologies
Chapter 8. Global Functional Printing Market, by Application
8.1. Market Snapshot
8.2. Global Functional Printing Market by Application, Performance – Potential Analysis
8.3. Global Functional Printing Market Estimates & Forecasts by Application 2019-2029 (USD Billion)
8.4. Functional Printing Market, Sub Segment Analysis
8.4.1. Sensor
8.4.2. Display
8.4.3. Lighting
8.4.4. Battery
8.4.5. Photovoltaic
8.4.6. RFID Tags
8.4.7. Other Applications
Chapter 9. Global Functional Printing Market, Regional Analysis
9.1. Functional Printing Market, Regional Market Snapshot
9.2. North America Functional Printing Market
9.2.1. U.S. Functional Printing Market
9.2.1.1. Material breakdown estimates & forecasts, 2019-2029
9.2.1.2. Printing Technology breakdown estimates & forecasts, 2019-2029
9.2.1.3. Application breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Functional Printing Market
9.3. Europe Functional Printing Market Snapshot
9.3.1. U.K. Functional Printing Market
9.3.2. Germany Functional Printing Market
9.3.3. France Functional Printing Market
9.3.4. Spain Functional Printing Market
9.3.5. Italy Functional Printing Market
9.3.6. Rest of Europe Functional Printing Market
9.4. Asia-Pacific Functional Printing Market Snapshot
9.4.1. China Functional Printing Market
9.4.2. India Functional Printing Market
9.4.3. Japan Functional Printing Market
9.4.4. Australia Functional Printing Market
9.4.5. South Korea Functional Printing Market
9.4.6. Rest of Asia Pacific Functional Printing Market
9.5. Latin America Functional Printing Market Snapshot
9.5.1. Brazil Functional Printing Market
9.5.2. Mexico Functional Printing Market
9.5.3. Rest of Latin America Functional Printing Market
9.6. Rest of The World Functional Printing Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. E Ink Holdings Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Blue Spark Technologies Inc.
10.2.3. Mark Andy Inc.
10.2.4. ALTANA AG
10.2.5. Eastman Kodak Company Ltd
10.2.6. Enfucell Oy
10.2.7. Avery Dennison Corporation
10.2.8. BASF SE
10.2.9. GSI Technologies LLC
10.2.10. Isorg
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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Data Collection:
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Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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