Screen-Printing Glass Market Size was valued at USD 0.63 Billion in 2023. The Screen-Printing Glass industry is projected to grow from USD 0.67 Billion in 2024 to USD 1.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.18% during the forecast period (2024 - 2032). The construction industry and the increasing need for energy-efficient glass products are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The expansion of the consumer electronics industry has been a significant driver of the screen-printing glass market CAGR. In tandem with the expansion of the telecommunications sector, demand for electronic devices such as smartphones has skyrocketed, boosting various other associated businesses such as the screen-printing glass market. Over the projected period, rising output and investment in the electronic industry are expected to fuel demand for glass for digital printing. China, for example, plans to deploy 626 million video cameras by 2021, while increasing use of artificial intelligence and functionally nonexistent civil rights protections set the framework for a digital panopticon. In India, the government has set a target of US$2.4 billion in investments in electronics manufacturing by 2022. China is the leading market for glass for digital printing, and it is predicted to develop at the fastest rate over the study period. The glass for digital printing market in the region is expanding at an astonishing rate, and this trend is expected to continue in the projected term.
Moreover, the commercial building industry is the world's largest consumer of raw materials for digital printing, such as glass. Construction for development in many regions across the world begins to raise the glass for the digital printing market. Rising investment and development in the sector are driving continuous expansion; for example, the European construction industry is expanding rapidly because to cheap interest rates, strong economic growth, and pent-up demand.
For example, in the United Kingdom, 2021 real estate developer Artisan Real Estate announced the launch of Kirkstall Place, a new US$78.7 million residential property. On the other side, the African building industry has expanded rapidly. Kenya, for example, has begun development of a US$14.5 billion technology metropolis in Machakos County in order to recruit technical expertise and investors to boost the country's economic growth. As a result, the overall market for glass for digital printing has begun to increase.
Furthermore, the growing demands for energy-efficient and ecological glass goods. With a growing emphasis on lowering energy consumption and carbon emissions, there is a growing need for energy-efficient glass products that can aid in lowering building energy consumption. Screen-printing glass is an excellent solution since it can be used to manufacture energy-efficient glass products that can help reduce the amount of energy required to heat and cool buildings. Furthermore, screen-printing glass can be used to make aesthetically beautiful glass items that improve the visual appeal of structures. As a result, demand for screen-printing glass is likely to rise in the next years, owing to a growing emphasis on energy efficiency and sustainability in building design.
Screen-printed glass can be used to make insulated glass modules, which can assist reduce the amount of energy needed to heat and cool buildings. Furthermore, screen-printing glass can be used to make beautiful glass items that improve the visual appeal of green buildings. As a result of the rising emphasis on energy efficiency and sustainability in building design, the usage of screen-printing glass in the construction of green buildings is likely to rise in the future years.
The Screen-Printing Glass Market segmentation, based on type includes Clear/Tinted, Energy-saving And Others. The energy-saving category is one of the fastest-growing segments in the Screen-Printing Glass Market. This is due to the growing demand for energy-efficient glass in commercial and residential buildings. Energy-efficient glass is intended to reduce energy consumption by limiting heat transfer via windows, which can assist cut heating and cooling costs.
Figure1: Screen-Printing Glass Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Screen-Printing Glass Market segmentation, based on application, includes architecture & interior design, automotive, consumer electronics and others. The architecture & interior design segment is one of the largest in the Screen-Printing Glass Market, although it is far from dominant. Several segments dominate the market, including energy-efficient glass, automotive glass, and ornamental glass. Glass items used in commercial and residential structures for numerous applications, such as windows, doors, partitions, and facades, are included in the Architecture & Interior Design section. This market is likely to expand further as demand for energy-efficient and aesthetically beautiful glass goods in buildings grows.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American Screen-Printing Glass Market area will dominate this market, because of the region's high need for energy-efficient and sustainable glass products. North America's construction sector is one of the largest in the world, and there is a rising emphasis on energy efficiency and sustainability in building design. As a result, there is a greater need for energy-efficient glass solutions that can assist minimize building energy usage. Furthermore, the automotive industry in North America is a key consumer of screen-printing glass, which has contributed to the region's rise.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure2: SCREEN-PRINTING GLASS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Screen-Printing Glass Market accounts for the second-largest market share because of the region's high need for energy-efficient and sustainable glass products. Further, the German Screen-Printing Glass Market held the largest market share, and the UK Screen-Printing Glass Market was the fastest growing market in the European region.
The Asia-Pacific Screen-Printing Glass Market is expected to grow at the fastest CAGR from 2023 to 2032. This is due to the rising construction sector in the region. Asia Pacific has one of the world's major construction industries, and there is a considerable demand for energy-efficient and sustainable glass goods in the region. Moreover, China’s Screen-Printing Glass Market held the largest market share, and the Indian Screen-Printing Glass Market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Screen-Printing Glass Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Screen-Printing Glass industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Screen-Printing Glass industry to benefit clients and increase the market sector. In recent years, the Screen-Printing Glass industry has offered some of the most significant advantages to medicine. Major players in the Screen-Printing Glass Market, including Casso-Solar Technologies LLC, BENTELER International, Shenzhen Chntop screen-printing Machinery Co. Ltd. and others, are attempting to increase market demand by investing in research and development operations.
Nippon Sheet Glass Co., Ltd. is a Japanese manufacturer of glass. It purchased Pilkington of the United Kingdom in 2006. This places NSG/Pilkington among the world's four largest glass firms, alongside Asahi Glass, Saint-Gobain, and Guardian Industries. The company was founded in November 1918 as America Japan Sheet Glass Co., Ltd., with its headquarters in Osaka, after acquiring technology from the United States' Libbey Owens Ford Glass Co. to create flat glass using the Colburn process. In 2019, Nippon Sheet Glass Co., Ltd. created a novel screen-printing process for auto glass. The new method enables the manufacture of glass with advanced characteristics such as defrosting, sun control, and anti-glare.
Fuyao Glass Industry Group Co., Ltd. is a People's Republic of China-based manufacturer of float glass, vehicle glass, and construction glass. It is one of the world's largest car glass producers, with customers including major worldwide automakers like as Ford, General Motors, Subaru, and Volkswagen Group. It was founded as a joint venture firm in 1987 and is located in Fuqing, Fujian. It debuted on the Shanghai Stock Exchange in 1993 and the Hong Kong Stock Exchange in 1994. In November 2019, Fuyao Glass Industry Group invented a novel screen-printing process for auto glass. The new method enables the manufacture of glass with advanced characteristics such as defrosting, sun control, and anti-glare.
In February 2021, AGC Glass Europe has introduced a new line of screen-printed glass products for interior design. The new collection features beautiful glass panels with one-of-a-kind patterns and designs.
In August 2020, Vitro Architectural Glass debuted a new line of screen-printed glass products for the commercial construction industry. Glass panels with increased sun control and thermal insulation properties are included in the new line.
In July 2019, Dip-Tech has released a new digital ceramic ink for screen-printing on glass. The new ink enables the manufacture of high-quality glass products with increased durability and colour accuracy.
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