Market Research Report
Global Printing Inks Market - Size, Share and Forecast (2017 - 2022)
|Published by||Mordor Intelligence LLP||Product code||568476|
|Published||Content info||127 Pages
Delivery time: 1-2 business days
|Global Printing Inks Market - Size, Share and Forecast (2017 - 2022)|
|Published: October 10, 2017||Content info: 127 Pages||
The Global Printing Inks Market is estimated to grow at a steady pace during the forecast period of 2017-2022. Printing ink is a liquid or paste that contains pigments or dyes mixed with oils, solvents, or water. This ink is used to color surfaces to get the desired impression on paper, cardboard, and ceramic tiles. The demand for printing inks is driven by the rapid growth of the packaging industry. The increasing demand for flexible packaging from the consumer goods industry and the adoption of several technological innovations in packaging have led to significant growth of the packaging industry.
The increasing demand for UV-curable printing inks and bio-based printing inks offers significant growth opportunities to the global printing inks market. The continued decline in the sales of e-books is expected to boost the printing inks market, as they can be an alternative for paper-based books.
Based on products, printing inks are further divided into solvent-based, water-based, oil-based, and others (including UV curable, decorative, etc.). Oil-based printing inks dominate the global printing inks market, as they are primarily employed in offset printing process. Based on process, the market has been sub-segmented into lithographic printing, gravure printing process, flexographic, digital, and other printing processes (including letterpress, etc.). Lithographic printing process is the most employed printing process across the globe. However, during the forecast period, the digital printing segment is anticipated to witness the highest growth, with increasing adoption of modern printing methods.
Based on application, the market has been categorized into - publication & commercial, packaging, textiles, and others (including decorative, security printing, etc.). Packaging, especially in the food & beverages packaging industry, dominates the global market.
AREAS WITH SCOPE FOR PRINTING INKS
North America accounts for the largest share of the global market. The booming commercial printing and flexible packaging industries in the region are anticipated to boost the regional demand. Asia-Pacific is expected to register the highest CAGR, and will dominate the market during the forecast period. The increasing number of packaging industries in emerging economies in the region, such as, China and India, is likely to drive the market at a robust pace during the forecast period.
NOTABLE DEVELOPMENTS IN THE MARKET
In October 2017, Siegwerk expanded its technical center in Annemasse, France, with a new production facility for inkjet inks.
In October 2017, Siegwerk acquired Van Son Liquids BV and added the new firm to its water-based ink business.
In September 2017, by using new raw materials and technology, Zeller and Gmelin Gmbh & Co. KG developed the latest generation of FCM UV-flexographic printing inks, which offer a higher level of security in terms of migration and feature a low odor.
Why purchase the global printing inks market report?
To know about -
The effects of increasing demand for UV-curable printing inks and bio-based printing inks on the global market
Various market perspectives using Porter's five forces analysis
Which segment of the global market is projected to dominate during the forecast period
Which segment and region are anticipated to register the fastest growth
The latest developments, market shares, and strategies employed by the key players, such as:
Toyo Ink Group
(List Not Exhaustive)
* Subject to availability on public domain