Global UV Curable Ink Market Size study & Forecast, by Type (Offset Ink, Flexo Ink, Screen Printing, Digital Printing, Inkjet, Others), by End Use (Automobile, Consumer goods, Medical, Publications & printing, Others) & Regional Analysis, 2023-2030

PUBLISHED: July 20, 2023

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Global UV Curable Ink Market is valued at approximately USD 4.99 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 10.8% over the forecast period 2023-2030. UV curing ink is a type of ink that is specially formulated to remain in a liquid state until it is exposed to intense ultraviolet light for the purpose of curing. When the UV light comes into contact with the ink, it undergoes a rapid reaction in which it cross-links with the ink's constituents, resulting in the formation of a durable polymer. Unlike traditional inks, UV curable ink does not rely on absorption into substrates for drying, as it does not contain solvents. The market for UV curable ink is expected to experience significant growth due to its bio-compatible properties such as low pollutant emissions, low energy consumption in product manufacturing, and waste reduction. Additionally, the increased productivity and higher printing throughput provided by UV curable inks are anticipated to drive the growth of the UV curable inks market throughout the forecast period.

The market study is primarily driven by the increasing demand from the digital printing industry and the growing demand from the packaging and labels sector. The global packaging industry has experienced substantial growth, as indicated by a report published by PMMI (the Association for Packaging and Processing Technologies). The report highlights that the industry's value has increased from USD 36.8 billion in 2016 to USD 42.2 billion by 2021. The market for UV curable ink is being driven by technological advancements that have reduced the risks of fading, bubble formations, and de-lamination. These advancements contribute to the growth of the market by enhancing the reliability and durability of UV curable ink. Additionally, UV curable ink possesses a low viscosity, which minimizes wastage by reducing penetration into the printing materials. Furthermore, the low viscosity of UV curable ink allows for its application on rigid surfaces, expanding its potential applications and driving the demand for UV curing ink. Despite the positive growth prospects, the UV curable ink market may face challenges due to the volatility in raw material prices and the availability of substitute products. These factors have the potential to impede the growth of the UV curable ink market in the forecast period 2023-2030.

The key regions considered for the Global UV Curable Ink Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe dominated the market in 2022 owing to the rising demand for environmentally friendly inks across various end-use industries in the region as well as the region continues to drive innovation, meet regulatory requirements, and deliver high-quality solutions that cater to diverse printing needs. Asia Pacific is expected to grow significantly during the forecast period, owing to the rise in popularity of 3D printing. The region is witnessing significant industrial growth, particularly in sectors such as packaging, automotive, electronics, and advertising. These industries heavily rely on UV curable inks for their printing and coating applications. The expanding manufacturing base in APAC has created a strong demand for UV curable inks, driving market growth in the region.

Major market player included in this report are:

Maxell, Ltd,
RUCO Druckfarben
Kao Collins Corporation
Teikoku Printing Inks Mfg. Co., Ltd
flint group
Nutec Digital Ink Pvt. Ltd.
Toyo Ink SC Holdings Co., Ltd
Spinks World
Marabu GmbH & Co. KG
Gans Ink & Supply Co., Inc.

Recent Developments in the Market:

In September 2022, Fujifilm Dimatix, a subsidiary of Fujifilm Corporation known for its industrial inkjet printheads, introduced the Fujifilm Samba JPC UV inkjet modules. These modules are specifically designed for integrators and original equipment manufacturer (OEM) suppliers. The launch of the Fujifilm Samba JPC UV inkjet modules aims to streamline the product development cycle of 1,200 DPI single-pass inkjet printers by providing ready-to-integrate modules. These modules offer support for system design, ensuring high image quality, reliability, and uptime. By utilizing these modules, system designers and integrators can expedite the development process of their inkjet printers.

Global UV Curable Ink Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Offset Ink
Flexo Ink
Screen Printing
Digital Printing
Inkjet
Others

By End Use:

Automobile
Consumer goods
Medical
Publications and printing
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. UV Curable Ink Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. UV Curable Ink Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. UV Curable Ink Market, by End Use, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global UV Curable Ink Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global UV Curable Ink Market Dynamics

3.1. UV Curable Ink Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Exceptional bio-compatible properties
  - 3.1.1.2. Increased productivity and higher printing throughput provided by UV curable inks
- 3.1.2. Market Challenges
  - 3.1.2.1. High volatility in raw material prices
  - 3.1.2.2. Availability of substitute products
- 3.1.3. Market Opportunities
  - 3.1.3.1. Advancements in Technology
  - 3.1.3.2. UV curable ink possesses a low viscosity, which minimizes wastage

Chapter 4. Global UV Curable Ink Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global UV Curable Ink Market, by Type

5.1. Market Snapshot
5.2. Global UV Curable Ink Market by Type, Performance - Potential Analysis
5.3. Global UV Curable Ink Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
5.4. UV Curable Ink Market, Sub Segment Analysis
- 5.4.1. Offset Ink
- 5.4.2. Flexo Ink
- 5.4.3. Screen Printing
- 5.4.4. Digital Printing
- 5.4.5. Inkjet
- 5.4.6. Others

Chapter 6. Global UV Curable Ink Market, by End Use

6.1. Market Snapshot
6.2. Global UV Curable Ink Market by End Use, Performance - Potential Analysis
6.3. Global UV Curable Ink Market Estimates & Forecasts by End Use 2020-2030 (USD Billion)
6.4. UV Curable Ink Market, Sub Segment Analysis
- 6.4.1. Automobile
- 6.4.2. Consumer goods
- 6.4.3. Medical
- 6.4.4. Publications and printing
- 6.4.5. Others

Chapter 7. Global UV Curable Ink Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. UV Curable Ink Market, Regional Market Snapshot
7.4. North America UV Curable Ink Market
- 7.4.1. U.S. UV Curable Ink Market
  - 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End Use breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada UV Curable Ink Market
7.5. Europe UV Curable Ink Market Snapshot
- 7.5.1. U.K. UV Curable Ink Market
- 7.5.2. Germany UV Curable Ink Market
- 7.5.3. France UV Curable Ink Market
- 7.5.4. Spain UV Curable Ink Market
- 7.5.5. Italy UV Curable Ink Market
- 7.5.6. Rest of Europe UV Curable Ink Market
7.6. Asia-Pacific UV Curable Ink Market Snapshot
- 7.6.1. China UV Curable Ink Market
- 7.6.2. India UV Curable Ink Market
- 7.6.3. Japan UV Curable Ink Market
- 7.6.4. Australia UV Curable Ink Market
- 7.6.5. South Korea UV Curable Ink Market
- 7.6.6. Rest of Asia Pacific UV Curable Ink Market
7.7. Latin America UV Curable Ink Market Snapshot
- 7.7.1. Brazil UV Curable Ink Market
- 7.7.2. Mexico UV Curable Ink Market
7.8. Middle East & Africa UV Curable Ink Market
- 7.8.1. Saudi Arabia UV Curable Ink Market
- 7.8.2. South Africa UV Curable Ink Market
- 7.8.3. Rest of Middle East & Africa UV Curable Ink Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Maxell, Ltd,
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. RUCO Druckfarben
- 8.3.3. Kao Collins Corporation
- 8.3.4. Teikoku Printing Inks Mfg. Co., Ltd
- 8.3.5. Flint group
- 8.3.6. Nutec Digital Ink Pvt. Ltd.
- 8.3.7. Toyo Ink SC Holdings Co., Ltd
- 8.3.8. Spinks World
- 8.3.9. Marabu GmbH & Co. KG
- 8.3.10. Gans Ink & Supply Co., Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global UV Curable Ink Market, report scope
TABLE 2. Global UV Curable Ink Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global UV Curable Ink Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 4. Global UV Curable Ink Market estimates & forecasts by End Use 2020-2030 (USD Billion)
TABLE 5. Global UV Curable Ink Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global UV Curable Ink Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global UV Curable Ink Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global UV Curable Ink Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global UV Curable Ink Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global UV Curable Ink Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global UV Curable Ink Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global UV Curable Ink Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global UV Curable Ink Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global UV Curable Ink Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia UV Curable Ink Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA UV Curable Ink Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global UV Curable Ink Market
TABLE 70. List of primary sources, used in the study of global UV Curable Ink Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered