**Currently, the localization rate of ceramic inks in China has exceeded 55%, and the market is characterized by a duopoly. However, the industry still faces both challenges and opportunities.** The following is a detailed analysis:

I. Basis for Achieving a Domestic Production Rate Exceeding 55%**

1. Market Structure**

The domestic ceramic ink market has already evolved into a duopoly, with **Guoci Kanglitai** and **Dao Shi Technology** collectively accounting for over 55% of the market share. Through technological innovation and capacity expansion, these two companies have taken the lead in the conventional ceramic ink market, driving the process of domestic substitution.

2. Technological Breakthroughs and Product Iterations**

- **Dow Technology**: Launched sublimation ink in 2016, and in 2024, sales of ceramic ink products grew by nearly 20% in the African, Middle Eastern, and Southeast Asian markets.

- **Guoci Kanglitai**: Achieved domestic production of digital inkjet glazes and collaborated with ceramic manufacturers to develop customized products (such as personalized ceramic tableware series), resulting in a 50% increase in sales within six months.

- **Yangzi Pigments**: Launched innovative products such as “Bao Guo Hong” to enhance the competitiveness of domestically produced inks.

3. Production Capacity and Market Share

- The market share of domestically produced ink has surged from 25% in 2013 to over 50% in 2014 and is expected to exceed 55% by 2025.

- Domestic ceramic ink production capacity has reached 11,000 to 22,000 tons per year, and is expected to increase to 40,000 tons per year in the next two years, bringing supply and demand into better balance.

 II. The Critical Stage of Localization

1. Technology Catch-Up Period (2011–2015)

- Mindray and Mingchao Technology were the first to develop ceramic inks; Dao Shi Inks were launched onto the market in 2012, followed by companies such as Kanglitai and Wanxing.

- In 2015, the domestic ink market share exceeded 50%, marking the beginning of a rapid growth phase.

2. **Acceleration of the Innovation Phase (2016 to Present)

- Domestic ink technology continues to break new ground, launching high-end products such as seepage-pattern inks and digital spray-glazing inks.

- Industry concentration is increasing, and small and medium-sized enterprises are being eliminated due to price competition, causing the market to concentrate on leading companies.

III. Challenges Facing the Industry Today

1. Domestic market demand is limited

- Affected by the contraction of the end-use real estate market, the architectural ceramics market as a whole is under pressure. In 2024, national ceramic tile production declined by 12.18% year-on-year, and demand for upstream ceramic inks has been constrained.

- In 2024, ceramic materials revenue declined by 27.45% year-on-year, reflecting pressure in the domestic market.

2. Intense price competition

- The differentiation among ceramic ink products is narrowing, market demand is approaching saturation, and price competition is leading to the elimination of small and medium-sized enterprises.

- The prices of imported ink have returned to a more reasonable level (around 80,000 yuan per ton), and the prices of some imported products have even fallen below those of domestically produced ink, intensifying market competition.

IV. Future Development Trends and Opportunities

1. Expansion into Overseas Markets

- Domestic enterprises are actively expanding into markets in Africa, the Middle East, and Southeast Asia; in 2024, Daoshi Technology’s overseas sales grew by nearly 20%.

- Over the next three years, the share of overseas sales is expected to rise to 30%, becoming a new engine for industry growth.

2. Personalized and Customized Services

- Growing consumer demand for personalized ceramic products is driving the ink industry to offer a wider selection of colors and patterns.

- Enterprises collaborate with ceramic manufacturers to develop customized products (such as personalized ceramic tableware) and enhance their market competitiveness.

3. Market Size Forecast

- In 2024, the Chinese ceramic ink market reached a size of 2.3 billion yuan, and is projected to exceed 3 billion yuan by 2030.

- The industry’s compound annual growth rate remains at 6.3%, reflecting a sustained trend of healthy growth.