The Industrial Screen Printing Market is estimated to be valued at US$ 7.87 Billion in 2023 and is expected to exhibit a CAGR Of 15.7% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview: 

Industrial screen printing refers to a printing technique where a mesh is used to transfer ink onto a substrate, such as textiles, plastics, ceramics, glass, and metal. In this process, a hardedened screen made of stainless steel, polyester or nylon with a mesh count between 43-480 per inch is used as a stencil. The screen separates the areas to receive ink from the areas that will not receive ink. Different colors and designs can be printed in a single pass. 

Market Dynamics: 

The growing demand from the textile industry is estimated to drive the growth of the industrial screen printing market. Screen printing is widely used for printing designs and logos on apparels, home textiles and technical textiles. It enables mass production of printed textiles at low cost. Moreover, increasing applications of screen printing in electronics manufacturing and automotive interior parts manufacturing is also expected to fuel the market growth over the forecast period. Screen printing is used for printing circuits, chip bonding and branding in the electronics industry. It is also used for printing instrument panels, control panels and interior décor in automobiles. The two solvent-free and durable properties of screen printing make it suitable for these end-use industries.

SWOT Analysis

Strength: 
- Industrial screen printing offers high-volume, precise and affordable printing on a variety of surfaces. It allows for bulk production at lower costs.
- The method enables printing on materials that are not suitable for alternative digital printing options like paper, metal, glass, fabric, plastics, etc. 
- Screen printing caters to a diverse range of end-use industries due to its versatility.

Weakness: 
- Initial setup and screen coating/preparation costs for new projects or designs are high. 
- The process involves manual labor and multiple steps, increasing chances of human errors.

Opportunity: 
- Growing demand for screen printed products from industries like textile, construction materials, automotive interiors offers significant growth opportunities.
- Advancements in screen printing machinery and processes, such as automated registration and curing, help improve productivity and lower operating costs.

Threats:
- Rising popularity of alternative digital printing techniques posing competition to screen printing applications.
- Strict environmental regulations around usage of solvent-based inks limit certain screen printing applications.

Key Takeaways

The global Industrial Screen Printing Market is expected to witness high growth, exhibiting a CAGR of 15.7% over the forecast period, due to increasing demand for personalized and short-run products across industries. 

Regional analysis
The North America region currently dominates the industrial screen printing market, accounting for over 30% share. This is attributed to significant presence of end-use industries like textiles and automotive in the U.S. and Canada. Asia Pacific is expected to exhibit the fastest growth over the next few years due to rapid industrialization in China and India.

Key players 

Key players operating in the industrial screen printing market are M&R Printing Equipment, MHM Siebdruckmaschinen GmbH, Lawson Screen & Digital Products, Sakurai USA, SPS TechnoScreen GmbH, ATMA Champ Ent. Corp., Systematic Automation, DECO TECHnology Group, TOSH (Italy), Thieme GmbH & Co. KG. 

Read More : http://insightsmarket.weebly.com/blog/segment-contributing-large-share-screen-printing-equipment