Silver Enamel Market
Silver Enamel Market Analysis, By Type(Tooth Filling Material, Raw Materials for Jewellery, Others), By Application (Jewellery, Artware, Equipment, Others), and by Region - Global Market Report 2022 to 2032
Analysis of Silver Enamel Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Silver Enamel Outlook (2022 to 2032)
The global silver enamel market was estimated to be worth around US$ 2 Billion by 2021. With the increasing usage of Silver Enamel for several reasons worldwide, the market is expected to reach a worth of about US$ 3.6 Billion by the end of 2032, with a projected CAGR of 5.3% during 2022 to 2032. From 2015 to 2021, the Silver Enamel Market experienced a growth of 5.9%.
One of the key factors for the rapid development of the silver enamel market is its growing usage in a variety of applications such as dental uses, jewelry, and paintings. Dental applications play a significant role in market growth. Silver enamel is used in dentistry to fill teeth because of its inexpensive nature, noncorrosive nature, durability, strength, and simplicity of application.
Another key driver is the use of silver enamel for painting. It is employed in the coating of outdoor surfaces as it is resistant to high temperatures. It prevents oxidation damage by creating protective coats on metallic products or buildings. It dries rapidly and offers the product a strong and glossy appearance.
However, a number of factors are limiting the demand for silver enamel globally. The Food and Drug Administration (FDA) has recommended that dental products be labeled with a warning ‘not to use them on those who are allergic to silver’.
The market's expansion is also hindered by the easy availability of suitable substitutes like ceramic fillings, amalgam filling, and gold alloy fillings, the emergence of dental advanced composites, and a lack of knowledge about present silver enamel products.
The demand for silver enamel is expected to decline due to its toxicity, allergic sensitivity, and decreased visual appeal quality, which would restrict the market's ability to expand globally. Additionally, it is anticipated that the doctors’ refraining from using silver enamel in dentistry in countries including Norway, Germany, Sweden, Austria, Denmark, and Finland due to health concerns can have a negative effect on the market growth.
| Report Attributes | Details |
| Global Silver Enamel Market Size (2021) | US$ 2 Billion |
| Global Silver Enamel Market Size (2022) | US$ 2.1 Billion |
| Projected Market Value (2032) | US$ 3.6 Billion |
| Global Market Growth Rate (2022 to 2032) | 5.3% CAGR |
| United States Silver Enamel Market Growth Rate (2022 to 2032) | 5.1% CAGR |
| Key Companies Profiled | Pamco International; Nicole Barr; Guangzhou HuifuJewelry Co. Ltd.; Fine Enamels; David-Andersen Marks; Thompson Enamel |
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Region-wise Insights
Which region holds significant opportunity for Silver Enamel Market?
Silver enamel is widely utilized throughout the Asia Pacific for a number of reasons, especially in emerging countries like China and India, due to its low cost and easy availability in the region. The region's growing population and expanding desire for imitation jewelry are two additional market drivers for silver enamel in the region.
Besides, North America significantly contributes to the silver enamel market. The American Dental Association has authorized silver enamel for use in tooth restorative procedures. As a result, the majority of dentists in Canada and the United States utilize silver enamel. As a result, North America is anticipated to contribute significantly to the market growth worldwide.
Europe also stands as a potential market for Silver Enamel. This is mainly due to the rising concerns of oral health in countries like Poland. Additionally, the increasing demand for silver jewelry in the region is also positively impacting the market for Silver Enamel.
Country-wise Insights
U.S. Silver Enamel Market Analysis
The United States has the largest market for Silver Enamel, which is projected to reach a valuation of US$ 1.3 Bn by 2032. From 2015 to 2021, the market in the US grew at a CAGR of 4.6%. Between 2022 and 2032, the US is expected to be a market with a US $500 Mn absolute dollar opportunity.
Silver enamel is popular for jewelry making in the United States in addition to being frequently used for tooth restoration. In a poll conducted by Silver Promotion Service in 2020, around 42% of the jewelers surveyed stated that sales of silver jewelry had increased for the year, and 52% of those who had claimed an increase said their rises varied from 11% to 25%. The demand for silver enamel in the U.S. is fueled by these factors.
U.K. Silver Enamel Market Analysis
The United Kingdom holds a considerable share of the market. By 2032, the market for Silver Enamel in the U.K is expected to be worth nearly US$ 100 Mn. The market has previously experienced a CAGR of 3.9% from the year 2015 to 2021 and is expected to experience a CAGR of 4.4% in the next ten years.
China Silver Enamel Market Analysis
In 2021, China was the second-largest Silver Enamel Market after the US. The market in the country is expected to reach a valuation of US$ 248 Mn by 2032. From 2015 to 2021, the market in China grew at a CAGR of 4.3%. Between 2022 and 2032, the US is expected to be a market with a US$ 93.2 Mn absolute dollar opportunity.
As of July 2020, most of the silver enamel around the world is imported from China. The top 3 import markets for Silver enamel are India, Vietnam, and Indonesia. India is the largest importer of silver enamel from China followed by Vietnam and Indonesia.
Japan Silver Enamel Market Analysis
By 2032, the market for Silver Enamel in Japan is expected to be worth US$ 200 Mn, with an absolute dollar opportunity of US$ 10 Mn. The Market has previously experienced a CAGR of 3.8% from the year 2015 to 2021 and is expected to experience a CAGR of 4.5% in the next ten years.
South Korea Silver Enamel Market Analysis
In South Korea the Market for Silver Enamel is expected to be valued at US$ 100 Mn by 2032. The market has previously experienced a CAGR of 3.1% from 2015 to 2021 and is expected to experience a CAGR of 3.9%.
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Category-wise Insights
Which Type of Silver Enamel is Generating Significant Revenue in the Market?
Tooth Filling Material generated the maximum revenue in the Silver Enamel Market. Revenue through this category experienced a CAGR of 5.7% from 2015 to 2021 and is projected to experience a CAGR of 5.1% in the next ten years, from 2022 to2032.
According to a 2011 NY Times article, the American Dental Association estimates that Americans receive 175 million fillings annually. Americans have an average of three dental fillings as adults, and one in four have at least eleven tooth fillings, which is driving up the demand for silver enamel.
What was the impact of Covid-19 on Silver Enamel Market?
Similar to how it affected every other business, Covid-19 impacted the market dearly. The amount of silver enamel manufactured has dropped as a result of plant closures around the world brought on by various government-imposed lockdowns.
The price of silver enamel increased during the pandemic, which further decreased customer demand. Covid 19 concerns, according to a survey by the North American Dental Group, kept almost 71% of patients from visiting the dentist for routine care.
Competitive Landscape
At present, the Silver Enamel market is moderately competitive with only a few dominant players in the global silver enamel market. The key companies operating in the market are Pamco International, Nicole Barr, Guangzhou HuifuJewelry Co. Ltd., Fine Enamels, David-Andersen Marks, and Thompson Enamel.
Some of the recent developments by the key players in the Silver Enamel Market are :
- In May 2022, PlusDental, a producer of orthodontic treatment alternatives in Europe, agreed to be purchased by The Straumann Group. This investment will enhance the company's future consumer experience and provide new growth prospects.
- In August 2021, PPG launched PPG ENVIROCRON PCS P4 power coatings for usage in furniture, architecture, and home decor. The most recent generation of power coatings satisfies the growing demand for matte and premium-textured surfaces in a variety of applications, including urban and office furniture as well as steel and aluminum substrates for building construction.
- In July 2021, Mercedes-Benz and AkzoNobel N.V. renewed their partnership arrangement for an additional four years. This indicates that the business will keep offering services and goods for vehicle coatings, such as automotive and specialized coatings in China and as a preferred partner in Indonesia.
- In June 2021, AkzoNobel bought paint and coating manufacturer Grupo Orbis. AkzoNobel will be able to strengthen its position in South and Central America owing to this tactical acquisition.
- In March 2021, the coating technology from Qlayers provides a fully automated alternative to the current human coating methods employed in the sector that is safer, more reliable, and quicker. It is a cost-effective, sustainable solution to get rid of overspray. Customers are using this technology to apply anti-corrosive coating systems among other things.
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments Covered in Silver Enamel Market Survey
-
By Type:
- Tooth Filling Material
- Raw Materials for Jewellery
- Others
-
By Application :
- Jewellery
- Artware
- Equipment
- Others
-
By Region :
- North America
- Europe
- APAC
- MEA
- Latin America
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
- 8.1. Jewelry
- 8.2. Artware
- 8.3. Equipment
- 8.4. Others
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Type
- 9.1. Tooth Filling Material
- 9.2. Raw Materials for Jewelry
- 9.3. Others
- 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
- 10.1. North America
- 10.2. Latin America
- 10.3. Europe
- 10.4. Asia Pacific
- 10.5. Middle East and Africa (MEA)
- 11. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 12. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 13. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 17. Market Structure Analysis
- 18. Competition Analysis
- 18.1. Pamco International
- 18.2. Nicole Barr
- 18.3. Guangzhou Huifu Jewelry Co., Ltd.
- 18.4. Fine Enamels
- 18.5. David-Anderson Marks
- 18.6. Thompson Enamel
- 19. Assumptions and Acronyms Used
- 20. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn), By Application, 2015 to 2021
Table 02: Global Market Value (US$ Mn), By Application, 2022 to 2032
Table 03: Global Market Value (US$ Mn), By Type, 2015 to 2021
Table 04: Global Market Value (US$ Mn), By Type, 2022 to 2032
Table 05: Global Market, By Region, 2015 to 2021
Table 06: Global Market, By Region, 2022 to 2032
Table 07: North America Market Value (US$ Mn), By Application, 2015 to 2021
Table 08: North America Market Value (US$ Mn), By Application, 2022 to 2032
Table 09: North America Market Value (US$ Mn), By Type, 2015 to 2021
Table 10: North America Market Value (US$ Mn), By Type, 2022 to 2032
Table 11: North America Market, By Country, 2015 to 2021
Table 12: North America Market, By Country, 2022 to 2032
Table 13: Latin America Market Value (US$ Mn), By Application, 2015 to 2021
Table 14: Latin America Market Value (US$ Mn), By Application, 2022 to 2032
Table 15: Latin America Market Value (US$ Mn), By Type, 2015 to 2021
Table 16: Latin America Market Value (US$ Mn), By Type, 2022 to 2032
Table 17: Latin America Market, By Country, 2015 to 2021
Table 18: Latin America Market, By Country, 2022 to 2032
Table 19: Europe Market Value (US$ Mn), By Application, 2015 to 2021
Table 20: Europe Market Value (US$ Mn), By Application, 2022 to 2032
Table 21: Europe Market Value (US$ Mn), By Type, 2015 to 2021
Table 22: Europe Market Value (US$ Mn), By Type, 2022 to 2032
Table 23: Europe Market, By Country, 2015 to 2021
Table 24: Europe Market, By Country, 2022 to 2032
Table 25: Asia Pacific Market Value (US$ Mn), By Application, 2015 to 2021
Table 26: Asia Pacific Market Value (US$ Mn), By Application, 2022 to 2032
Table 27: Asia Pacific Market Value (US$ Mn), By Type, 2015 to 2021
Table 28: Asia Pacific Market Value (US$ Mn), By Type, 2022 to 2032
Table 29: Asia Pacific Market, By Country, 2015 to 2021
Table 30: Asia Pacific Market, By Country, 2022 to 2032
Table 31: MEA Market Value (US$ Mn), By Application, 2015 to 2021
Table 32: MEA Market Value (US$ Mn), By Application, 2022 to 2032
Table 33: MEA Market Value (US$ Mn), By Type, 2015 to 2021
Table 34: MEA Market Value (US$ Mn), By Type, 2022 to 2032
Table 35: MEA Market, By Country, 2015 to 2021
Table 36: MEA Market, By Country, 2022 to 2032
Table 37: Global Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 38: Global Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 39: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 40: North America Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 41: North America Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 42: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 43: Latin America Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 44: Latin America Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 45: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 46: Europe Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 47: Europe Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 48: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 49: Asia Pacific Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 50: Asia Pacific Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 51: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 52: MEA Market Incremental $ Opportunity, By Application, 2015 to 2021
Table 53: MEA Market Incremental $ Opportunity, By Type, 2022 to 2032
Table 54: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 02: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn
Figure 03: Global Market Share, By Application, 2022 & 2032
Figure 04: Global Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 05: Global Market Attractiveness Index, By Application to 2022 to 2032
Figure 06: Global Market Share, By Type, 2022 & 2032
Figure 07: Global Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 08: Global Market Attractiveness Index, By Type to 2022 to 2032
Figure 09: Global Market Share, By Region, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Region to 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Region to 2022 to 2032
Figure 12: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 13: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 14: North America Market Share, By Application, 2022 & 2032
Figure 15: North America Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 16: North America Market Attractiveness Index, By Application to 2022 to 2032
Figure 17: North America Market Share, By Type, 2022 & 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 19: North America Market Attractiveness Index, By Type to 2022 to 2032
Figure 20: North America Market Share, By Country, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 22: North America Market Attractiveness Index, By Country to 2022 to 2032
Figure 23: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 24: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 25: Latin America Market Share, By Application, 2022 & 2032
Figure 26: Latin America Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 27: Latin America Market Attractiveness Index, By Application to 2022 to 2032
Figure 28: Latin America Market Share, By Type, 2022 & 2032
Figure 29: Latin America Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 30: Latin America Market Attractiveness Index, By Type to 2022 to 2032
Figure 31: Latin America Market Share, By Country, 2022 & 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Country to 2022 to 2032
Figure 34: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 35: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 36: Europe Market Share, By Application, 2022 & 2032
Figure 37: Europe Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 38: Europe Market Attractiveness Index, By Application to 2022 to 2032
Figure 39: Europe Market Share, By Type, 2022 & 2032
Figure 40: Europe Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 41: Europe Market Attractiveness Index, By Type to 2022 to 2032
Figure 42: Europe Market Share, By Country, 2022 & 2032
Figure 43: Europe Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 44: Europe Market Attractiveness Index, By Country to 2022 to 2032
Figure 45: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 46: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 47: MEA Market Share, By Application, 2022 & 2032
Figure 48: MEA Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 49: MEA Market Attractiveness Index, By Application to 2022 to 2032
Figure 50: MEA Market Share, By Type, 2022 & 2032
Figure 51: MEA Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 52: MEA Market Attractiveness Index, By Type to 2022 to 2032
Figure 53: MEA Market Share, By Country, 2022 & 2032
Figure 54: MEA Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 55: MEA Market Attractiveness Index, By Country to 2022 to 2032
Figure 56: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032
Figure 57: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn
Figure 58: Asia Pacific Market Share, By Application, 2022 & 2032
Figure 59: Asia Pacific Market Y-o-Y Growth Projections, By Application to 2022 to 2032
Figure 60: Asia Pacific Market Attractiveness Index, By Application to 2022 to 2032
Figure 61: Asia Pacific Market Share, By Type, 2022 & 2032
Figure 62: Asia Pacific Market Y-o-Y Growth Projections, By Type to 2022 to 2032
Figure 63: Asia Pacific Market Attractiveness Index, By Type to 2022 to 2032
Figure 64: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 65: Asia Pacific Market Y-o-Y Growth Projections, By Country to 2022 to 2032
Figure 66: Asia Pacific Market Attractiveness Index, By Country to 2022 to 2032
Figure 67: US Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 68: US Market Share, By Application, 2021
Figure 69: US Market Share, By Type, 2021
Figure 70: Canada Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 71: Canada Market Share, By Application, 2021
Figure 72: Canada Market Share, By Type, 2021
Figure 73: Brazil Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 74: Brazil Market Share, By Application, 2021
Figure 75: Brazil Market Share, By Type, 2021
Figure 76: Mexico Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 77: Mexico Market Share, By Application, 2021
Figure 78: Mexico Market Share, By Type, 2021
Figure 79: Germany Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 80: Germany Market Share, By Application, 2021
Figure 81: Germany Market Share, By Type, 2021
Figure 82: U.K. Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 83: U.K. Market Share, By Application, 2021
Figure 84: U.K. Market Share, By Type, 2021
Figure 85: France Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 86: France Market Share, By Application, 2021
Figure 87: France Market Share, By Type, 2021
Figure 88: Italy Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 89: Italy Market Share, By Application, 2021
Figure 90: Italy Market Share, By Type, 2021
Figure 91: BENELUX Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 92: BENELUX Market Share, By Application, 2021
Figure 93: BENELUX Market Share, By Type, 2021
Figure 94: Nordic Countries Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 95: Nordic Countries Market Share, By Application, 2021
Figure 96: Nordic Countries Market Share, By Type, 2021
Figure 97: China Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 98: China Market Share, By Application, 2021
Figure 99: China Market Share, By Type, 2021
Figure 100: Japan Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 101: Japan Market Share, By Application, 2021
Figure 102: Japan Market Share, By Type, 2021
Figure 103: South Korea Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 104: South Korea Market Share, By Application, 2021
Figure 105: South Korea Market Share, By Type, 2021
Figure 106: GCC Countries Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 107: GCC Countries Market Share, By Application, 2021
Figure 108: GCC Countries Market Share, By Type, 2021
Figure 109: South Africa Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 110: South Africa Market Share, By Application, 2021
Figure 111: South Africa Market Share, By Type, 2021
Figure 112: Turkey Market Value (US$ Mn) and Forecast, 2022 to 2032
Figure 113: Turkey Market Share, By Application, 2021
Figure 114: Turkey Market Share, By Type, 2021
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
How much is the global silver enamel market currently worth?
The global silver enamel market is currently valued at US$ 2.1 Billion by 2022
What is the Silver Enamel Market Forecast through 2032?
Over the projected period, the Silver Enamel Market is expected to increase at a CAGR of 5.3%, reaching a value of US$ 3.6 Billion by 2032.
Which country has the largest market for Silver Enamel?
The United States has the largest market for Silver Enamel.
Which are the top 5 countries driving the highest Silver Enamel?
The United States, The United Kingdom, China, Japan and South Korea are expected to drive the most Silver Enamels.
Who are the key players shaping the Silver Enamel Industry?
Pamco International, Nicole Barr, Guangzhou Huifu Jewellery Co. Ltd., Fine Enamels, David-Anderson Marks, and Thompson Enamel are some of the key players in the Silver Enamel Industry.
At what rate did demand Silver Enamel increase over the past 6 years?
The Silver Enamel Market expanded at a CAGR of 5.9% from 2015 through 2021.
Silver Enamel Market