Global Aerosol Printing And Graphics Market - 2023-2030

Overview

Global Aerosol Printing And Graphics Market reached US$ 412.4 million in 2022 and is expected to reach US$ 610.7 million by 2030, growing with a CAGR of 5.0% during the forecast period 2023-2030.

The global aerosol printing and graphics market is on a rapid growth trajectory, driven by the expanding realm of additive manufacturing (AM). The growth is fueled by 3D printing's increasing application diversity in sectors such as aerospace, automotive and healthcare. The COVID-19 pandemic underscored AM's importance in future factory setups due to supply chain vulnerabilities.

Improvements in material technology and the demand for high-performance materials bolster manufacturers' trust in AM technologies. Moreover, sustainability concerns align the industry with modern values. The rising need for electronics printing is also contributing, with Aerosol Jet Printing offering high-resolution capabilities, diverse material compatibility and adaptability for various applications.

Asia-Pacific is the fastest growing market for aerosol printing and graphics market, region is a hub for electronic manufacturing, faces evolving dynamics. Technological advancements like 5G and Industry 4.0 are driving demand for electronics, although current inflationary challenges have led to decreased consumer spending. Governments globally are intervening to reshape supply chains, impacting Asia's electronics industry.

Dynamics

Additive Manufacturing's Impact on Printing and Graphics

Growing additive manufacturing (AM) is propelling the aerosol printing and graphics technology market. The 3D printing trends emphasized the continuous expansion of 3D printing applications across sectors like aerospace, automotive and healthcare. The pandemic highlighted the significance of AM within the factories of the future as supply chain vulnerabilities were exposed, reinvigorating AM's prominence. Improved material qualification and demand for high-performance materials underscore manufacturers' confidence in AM technologies. Sustainability concerns further demonstrate the industry's alignment with modern values.

According to a new study, a high-throughput combinatorial printing method that leverages aerosol printing for fabricating materials with compositional gradients at microscale spatial resolution. Traditional materials discovery and optimization processes are slow and resource-intensive. The new method enables the instant tuning of material mixing ratios, making it possible to explore compositionally complex materials that were previously inaccessible through conventional manufacturing approaches. It offers a promising approach for advancing materials development in additive manufacturing for clean energy and environmental sustainability technologies.

Electronics Printing

The growing demand for electronics printing is driving the aerosol printing market. Aerosol Jet Printing offers high-resolution capabilities, allowing the dense integration of functional electronics on various substrates. It can print on non-planar surfaces, use a wide range of materials and achieve thin to thick layer depositions.

The technology atomizes materials into fine mist through techniques like ultrasonication and pressurized gases, ensuring uniform and high-resolution patterning. Aerosol Jet Printing supports the deposition of various materials, including metals, conductors, insulators, nanomaterials, polymers and biological materials, making it suitable for diverse applications.

Optomec, a leading manufacturer of 3D Electronics Printers, has unveiled a new production control software called KEWB designed for high-volume manufacturing of printed electronics. The proprietary software is tailored for Optomec's high-volume production customers working on applications like multi-chip packaging, mm-wave interconnects, heterogeneous chip integration and 3D printed antennas for 5G devices. KEWB includes operator guidance, vision and alignment tools, runtime process control and industry 4.0 connectivity. It also features a scripting capability for automated sequencing of critical process steps in continuous inline production.

Cost Challenges

The high cost associated with design modification and geometric complexity in aerosol printing can significantly impact the aerosol printing and graphics market. The design modifications often require specialized software and skilled personnel, leading to increased expenses. It can deter smaller businesses or startups from entering the market, limiting competition and innovation.

Furthermore, dealing with geometric complexity, such as intricate shapes or multi-dimensional surfaces, can raise production costs due to the need for precise printing equipment and materials. It might result in higher prices for printed products, potentially reducing their affordability and market appeal. Moreover, elevated costs can lead to reduced profit margins for manufacturers and service providers in the aerosol printing industry.

Segment Analysis

The global aerosol printing and graphics market is segmented based on printing technology, ink, end-user and region.

Aerosol Inkjet Printing Dominates the Aerosol Print and Graphics Market

Aerosol inkjet printing technology, particularly Aerosol Jet, dominates the aerosol print and graphics market. Aerosol Jet technology has revolutionized the field of 3D printed electronics by enabling the printing of various electronic components like resistors, capacitors, antennas, sensors and thin film transistors. The technology provides precise control over the performance parameters of printed components, such as resistance values, through adjustable printing parameters.

In a noteworthy achievement funded by TDE (Technology Demonstration Element) and conducted by CSEM in Switzerland, a groundbreaking innovation was realized. CSEM successfully designed and manufactured a revolutionary flexible mechanism element, devoid of tribology concerns, thereby potentially offering an infinite operational life.

The flexible elements were equipped with custom-printed strain gauge sensors and electrical tracing lines, including printed connectors, to facilitate positioning and the potential for health monitoring. The production process heavily relied on Additive Manufacturing (AM) and advanced three-dimensional (3D) printing techniques throughout. Also, the utilization of Aerosol Jet Printing demonstrated its promise as a valuable technique for integrating sensors, particularly when combined with additive manufacturing processes.

Geographical Penetration

Asia-Pacific's Dominance in the Aerosol Print and Graphics Market

Asia-Pacific dominates the aerosol print and graphics technology market, with China playing a pivotal role. As per Semiconductor Industry Association report, China stands out as the world's largest manufacturing hub, responsible for producing a substantial 36% of global electronics, which encompass smartphones, computers, cloud servers and telecom infrastructure. The positions China as the primary node within the global electronics supply chain.

Furthermore, with nearly one-fifth of the world's population, China represents the second-largest end-consumer market for electronic devices embedded with semiconductors, trailing only U.S. in terms of final consumption. The thriving manufacturing and consumption ecosystem in China solidifies Asia-Pacific's status as the largest and most influential market for aerosol print and graphics technology, underpinned by the region's technological prowess and extensive consumer base. manufacturing processes.

COVID-19 Impact Analysis:

The COVID-19 pandemic had a dual impact on the aerosol printing and graphics market. Initially, it disrupted supply chains, causing delays in production and material shortages. It posed challenges for manufacturers and slowed down the adoption of aerosol printing technologies. However, as the pandemic continued, it also highlighted the importance of additive manufacturing (AM) in supply chain resilience.

Companies recognized the need for localized, on-demand production to mitigate future disruptions. The recognition led to an increased interest in AM, including aerosol printing, as a viable solution. COVID-19 initially disrupted the aerosol printing market, it ultimately underscored the technology's importance in agile and resilient manufacturing.

Russia-Ukraine War Impact Analysis

The Russia-Ukraine war disrupted the aerosol printing and graphics market by causing geopolitical instability and affecting the global supply chain. The conflict led to uncertainties in sourcing raw materials, particularly rare earth elements and material used in aerosol printing technologies, resulting in price fluctuations and potential shortages.

Furthermore, market participants faced challenges in dealing with shifting trade dynamics and export restrictions from both countries, impacting the availability and cost of aerosol printing materials and equipment. The instability added complexity to an already competitive industry and influenced market dynamics.

By Printing Technology

• Inkjet Technology
• Electrographic Technology
• Offset Technology
• Flexographic Technology

By Ink

• Water-based Ink
• UV-based Ink
• Solvent-based Ink

By End-User

• Food and Beverages
• Pharmaceuticals
• Automotive
• Chemicals
• Cosmetics and Personal Care
• Homecare

By Region

• North America
  • U.S.
  • Canada
  • Mexico

• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe

• South America
  • Brazil
  • Argentina
  • Rest of South America

• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific

• Middle East and Africa

Key Developments

• In January 2022, Aerosol Jet® Printing technology was explored for its potential in neural tissue engineering (NTE). The study aimed to develop NTE integrated devices that combine various types of stimulation, including electrical, topographical, mechanical and biochemical, to regulate neural cell activities in in vitro cultures. The study suggests that Aerosol Jet Printing holds promise for bioelectronic neural interfaces but highlights the importance of ink biocompatibility in such applications.
• In June 2022, Alternative Packaging Solutions (APS) introduced twistMist, an innovative propellant-free aerosol technology. twistMist is activated by twisting and is the first of its kind in the market. It utilizes continuous dispensing technology, eliminating the need for pressurized tinplate, aluminum or plastic cans, allowing brands to use recyclable materials like HDPE, PET, metal or glass bottles. The technology features a reusable head, enabling refills for up to 10,000 spray cycles.
• In September 2023, Ball Corporation has introduced Eyeris, an innovative printing technology for aluminum cans and bottles. Eyeris® utilizes advanced printing and imaging techniques to create high-resolution, photorealistic images directly on the aluminum packaging surface, covering 360 degrees around the container. Eyeris leverages Ball's expertise in creative artwork to achieve higher detail and quality in customer graphics and imager.

Competitive Landscape

The major global players in the market include: Ball Corp, Optomec, Montebello Packaging Inc., VoxelMatters, CCL Container (Hermitage) Inc., Fraunhofer ENAS, Nofrill, Crown Holdings, Inc., Coster Group, Crown Holdings, Inc.

Why Purchase the Report?

• To visualize the global aerosol printing and graphics market segmentation based on printing technology, ink, end-user and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of aerosol printing and graphics market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global aerosol printing and graphics market report would provide approximately 61 tables, 60 figures and 206 Pages.

Target Audience 2023

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies