Overview and Scope
Printing inks are liquids that contain pigments or dyes that are used to produce images, text, and designs. They are widely used in letterpress and lithographic printing. Printing inks consist of a pigment or pigments of the required color mixed with oil or varnish. For example, black ink made from carbon black is mixed with thick linseed oil or similar oil, often with rosin oil to which rosin varnish is added. Inkjet inks consist of a base carrier such as water, oil, or a solvent, and colorants such as dyes or pigments, along with small amounts of chemical additives to provide some unique characteristics.
Sizing and Forecast
The printing inks market size has grown strongly in recent years. It will grow from $31.81 billion in 2023 to $33.46 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to publication and commercial printing, packaging industry growth, raw material costs, globalization, economic conditions.
The printing inks market size is expected to see steady growth in the next few years. It will grow to $40.16 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to sustainable practices, e-commerce boom, brand differentiation, smart packaging, health and safety compliance, . Major trends in the forecast period include digital printing advancements, digital printing dominance, environmentally friendly inks, uv led technology, 3d printing inks, smart packaging and rfid inks.
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The printing inks market covered in this report is segmented –
1) By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks
2) By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks
3) By End User Industries: Packaging, Print Media, Commercial Printing, Other End-Use Industries
Western Europe was the largest region in the printing inks market in 2023. Asia-Pacific was the second largest region in the printing inks market. The regions covered in the printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
3D technology will be a driver of the printing ink market during the forecast period. With a rise in worldwide interest in 3D printing technology from consumers, researchers, and industrial production, there is expected to be a high demand for 3D printing inks. Unlike 2D inks, which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. In November 2021, Cubic Ink materials from ALTANA and DP Polar are revolutionizing industrial 3D inkjet printing. Multi-material capability for maximum productivity for a wide variety of printing materials is processed using the continuous Multi-material Jetting process.
Key Industry Players
Major companies operating in the printing inks market report are DuPont Inc., Arkema SA, DIC Corporation, Sun Chemical Corporation, Altana AG, TOYO Ink Group, Agfa-Gevaert NV, Flint Group, Siegwerk Druckfarben AG & Co., Rieger Druckfarben GmbH & Co. KG, Sakata INX Corporation, Ferro Corp., Huber Group, T&K TOKA Corporation, Tokyo Printing Ink Mfg. Co. Ltd., Nazdar Company, DYO Matbaa Mürekkepleri Sanayi ve Ticaret A.Ş., Wikoff Color Corporation, Sanchez SA de CV, Dainichiseika Color & Chemicals Mfg.Co. Ltd, Marabu GmbH & Co. KG, Epple Druckfarben AG, Fujifilm Sericol India Private Limited, Doneck Euroflex S.A., RUCO Druckfarben, Encres Dubuit, Zeller+Gmelin GmbH & Co. KG, Royal Dutch Printing Ink Factories Van Son, Brancher Company
The printing inks market report table of contents includes:
1. Executive Summary
2. Printing Inks Market Characteristics
3. Printing Inks Market Trends And Strategies
4. Printing Inks Market – Macro Economic Scenario
5. Global Printing Inks Market Size and Growth
…..
32. Global Printing Inks Market Competitive Benchmarking
33. Global Printing Inks Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Printing Inks Market
35. Printing Inks Market Future Outlook and Potential Analysis
36. Appendix
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