Photo-Engraving Material Market: Industry Analysis and Forecast (2023-2029)

Photo-Engraving Material Market is expected to reach US$ 1195.13 Mn. by 2029, at a CAGR of 5.3% during the forecast period. The global Photo-Engraving Material Market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Photo-Engraving Material Market report also provides trends by market segments, technology, and investment with a competitive landscape.Photo-Engraving Material MarketTo know about the Research Methodology :- Request Free Sample Report

Global Photo-Engraving Material Market Overview:

Photo-engraving is a process that uses a light-sensitivity photoresist applied to the surface to be engraved to create a mask that shields some areas during a successive period which etches, dissolves, or removes some or all the material from unprotected areas. Photo-engraving material is generally used for metals, plastic, glass, or any other material. The process of photo-engraving is supported on elements like zinc, magnesium, aluminum, nickel, steel, copper plates, and bronze to produce graphite art like the traditional category of arts, visual forms, writings, printings on a flat surface.

Market Dynamics:

Demand for Photo-engraving material process using diamond-impact technology is accelerating for printing digital images on plastics and metals. The utilization of corrosive liquids such as nitric oxide in the photo-engraving process is acting as a restraining factor to the photo-engraving material market due to government rules and regulations to inhibit the use of corrosive liquids. To carry out the use of corrosive liquids safety majors are put forth and application of safety equipment with proper training. Photo-engraving material is a process that forms deeper marks and makes a cavity in the surface that is visible and touch. Photo-engraving is a fast process and does not involve more time consuming, additionally the process is durable and cost-effective and proves best results in repetition. The engraving process is a physical process and etching is a chemical process. An engraver is responsible to cut lines on the surface with the help of a quick tool and while etcher burns lines into a surface with acid. Due to physical advantages, the engraving process is most preferred and used this factor lead to the market growth of the photo-engraving material market. As compared to Leaser technology photo engraving is expensive and this factor can hamper the market growth up to some extent.

Global Photo-Engraving Material Market Segment Analysis:

By Type, the segment is divide into plastic, glass, metals, and others. The sub-segment metal is dominating type segment of the photo-engraving material market. The rising adoption of steel-Engraving material in areas with a high level of saltwater such as coastal areas is driving the steel-engraving material market as steel is non-corrosive. Additionally, coppers are widely used in the electronic and electrical sectors due to their excellent electric conductivity. This factor is providing profitable opportunities for manufactures to invest in the market. The second dominating is plastic as the photographs are largely printed on plastic and being economical and easily available plastic is gaining wide acceptance in the region. Photo-Engraving Material Market1By Application, the segment is categorized into Printed Circuit Boards, Name Plates, Jewelry, Decorative Items, Photographs, Stamping, and Others. Due to technological Advancements Photo-engraving is performed on circuit boards with the help of lasers and UV technologies is boosting the demand for the Photo-engraving material market. Various types of printed circuit boards are blank printed circuit boards, blue circuit boards, wallpaper printed circuit boards, and vector circuit boards. The printed circuit board is dominating the photo-engraving material market due to its wide applications. Printed circuit boards are used in various sectors like LEDs, Consumer electronics, Automotive, Medical Devices, and aerospace components. These applications are driving the photo-Engraving material market. The photographs sub-segment is second dominating and the market was valued at 10.9 billion in 2022 and estimate to grow 29.6 billion with a growing CAGR of 22.4% in the forecast period. The trend of printing photographs on various substrates like metal, glass, and plastic plates is creating opportunities for the market players to invest in the market.

Regional Insights:

The photo-engraving material market is regionally segmented into North America, Asia Pacific, Europe, Middle East, and Africa, Latin America The Asia Pacific is dominating the Photo-engraving material market as the region is growing and surrounded by more developing countries in the region. The demand for graphic art in the Asia Pacific is driving the regional market as the region is led by traditional paintings and designs. The market share of photo-engraving material in the Asia Pacific is 32% and is likely to show favorable growth in the forecast period. Photo-engraving material is used on plates, plastics, metals to reproduce a wide range of graphic arts like photographs, letters, line drawings, and imaginary parts. Europe is second dominating in the Photo-engraving material market. The materials in the region are utilized in foil-stamping dies, circuit boards, and embossing dies. These materials are also used to create metallic stamps with various designs and logos. The European market is growing with sustainable development in the sector and marks the growth by 2.1% in the forecast period. The objective of the report is to present a comprehensive analysis of the global Photo-Engraving Material Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Photo-Engraving Material Market dynamics, structure by analyzing the market segments and project the global Photo-Engraving Material Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the global Photo-Engraving Material Market make the report investor’s guide.

Global Photo-Engraving Material Market Scope: Inquire before buying

Global Photo-Engraving Material Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 832.56 Mn.
Forecast Period 2023 to 2029 CAGR: 5.3% Market Size in 2029: US $ 1195.13 Mn.
Segments Covered: by Type Plastics Glass Metals Others
by Application Printed Circuit Boards Name Plates Jewelry Decorative Items Photographs Stamping Others

by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Global Photo-Engraving Material Market Key Player

1. Trotec 2. Gravotech Engineering PVT Ltd 3. Anderson & Vreeland, Inc. 4. US Formliner Inc. 5. Lasertechnologie GmbH 6. Universal Laser Systems, Inc. 7. Genesis Design Concepts & Laser Engraving, LLC 8. Vector Design US, Inc. 9. Lightspeed Laser Company 10.Shenzhen Xianfenglong Industry Co., Ltd 11.Texprint Limited 12.Yiwu Shining Crystal Import & Export Co.,ltd 13.Trotec Laser Canada 14.ROCKAMS WOOD

Frequently Asked Questions:

1. Which region has the largest share in Global Photo-Engraving Material Market? Ans: Asia Pacific region held the highest share in 2022. 2. What is the growth rate of Global Photo-Engraving Material Market? Ans: The Global Photo-Engraving Material Market is growing at a CAGR of 5.3% during forecasting period 2023-2029. 3. What is scope of the Global Photo-Engraving Material Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. What was the Global Photo-Engraving Material Market size in 2022? Ans: The global market was valued at US$ 832.56 Mn. In 2022. 5. What is the study period of this Market? Ans: The Global Photo-Engraving Material Market is studied from 2022 to 2029.
1.Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Types 2.3.2. Primary Research 2.3.2.1. Data from Primary Types 2.3.2.2. Breakdown of Primary Types 3. Executive Summary: Global Photo-Engraving Material Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Photo-Engraving Material Market 3.4. Geographical Snapshot of the Photo-Engraving Material Market, By Manufacturer share 4. Global Photo-Engraving Material Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Photo-Engraving Material Market 5. Supply Side and Demand Side Indicators 6. Global Photo-Engraving Material Market Analysis and Forecast, 2022-2029 6.1. Global Photo-Engraving Material Market Size & Y-o-Y Growth Analysis. 7. Global Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 7.1.1. Plastics 7.1.2. Glass 7.1.3. Metals 7.1.4. Others 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Printed Circuit Boards 7.2.2. Name Plates 7.2.3. Jewelry 7.2.4. Decorative Items 7.2.5. Photographs 7.2.6. Stamping 7.2.7. Others 8. Global Photo-Engraving Material Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2022-2029 9.1.1. Plastics 9.1.2. Glass 9.1.3. Metals 9.1.4. Others 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Printed Circuit Boards 9.2.2. Name Plates 9.2.3. Jewelry 9.2.4. Decorative Items 9.2.5. Photographs 9.2.6. Stamping 9.2.7. Others 10. North America Photo-Engraving Material Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12. Canada Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13. Mexico Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14. Europe Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 15. Europe Photo-Engraving Material Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17. France Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18. Germany Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19. Italy Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20. Spain Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21. Sweden Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22. CIS Countries Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23. Rest of Europe Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24. Asia Pacific Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 25. Asia Pacific Photo-Engraving Material Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27. India Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28. Japan Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29. South Korea Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30. Australia Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31. ASEAN Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32. Rest of Asia Pacific Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33. Middle East Africa Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 34. Middle East Africa Photo-Engraving Material Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36. GCC Countries Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38. Nigeria Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39. Rest of ME&A Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40. South America Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 41. South America Photo-Engraving Material Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43. Argentina Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44. Rest of South America Photo-Engraving Material Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Types, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Textile Reinforced Concrete Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Trotech 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Gravotech Engineering PVT Ltd 45.3.3. Anderson & Vreeland, Inc. 45.3.4. US Formliner Inc. 45.3.5. Lasertechnologie GmbH 45.3.6. Universal Laser Systems, Inc. 45.3.7. Genesis Design Concepts & Laser Engraving, LLC 45.3.8. Vector Design US, Inc. 45.3.9. Lightspeed Laser Company 45.3.10. Shenzhen Xianfenglong Industry Co.,Ltd 45.3.11. Texprint Limited 45.3.12. Yiwu Shining Crystal Import & Export Co.,ltd 45.3.13. Trotec Laser Canada 45.3.14. ROCKAMS WOOD 46. Primary Key Insights
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