PUBLISHER: Orion Market Research | PRODUCT CODE: 1565735
PUBLISHER: Orion Market Research | PRODUCT CODE: 1565735
Global Energy Curable Inks Market 2024-2031
Energy Curable Inks Market Size, Share & Trends Analysis Report by Component (Solution, and Services), by Type (UV Flexo Inks, UV Offset Inks, UV Low Energy/LED Offset Inks (Except UV Offset Inks), UV Screen Printing Inks, and Electron Beam (EB) Inks), and by Application (Printing Industry, Packaging Industry, Automotive Industry, Electronics, Medical Devices, and Others) Forecast Period (2024-2031)
Energy curable inks market is anticipated to grow at a CAGR of 5.5% during the forecast period (2024-2031). The growing demand for sustainable printing ink, technological advancements in inkjet printing and UV curing systems, and regulatory compliance requirements are the key factors driving the global energy-curable ink market. Energy-curable inks are considered a sustainable alternative to traditional solvent-based inks owing to the lower emission of volatile organic compounds and energy-efficient curing process. Additionally, their versatility in delivering high-quality prints on various substrates contributes to market diversification. Compliance with regulations such as REACH and FDA further supports the adoption of energy-curable inks, creating opportunities for stakeholders to maintain a competitive edge in the printing industry.
Market Dynamics
Increasing demand for sustainable printing solutions
The growing environmental consciousness has led to a rise in demand for sustainable printing solutions, with ink being a preferred choice for both businesses and consumers. The ink manufacturers are taking leverage of this opportunity to maintain their competitiveness in the market by launching sustainable ink solutions. For instance, in March 2024, Fujifilm Group developed a new inkjet ink using its proprietary AQUAFUZE technology, which combines water-based and UV-curable inks. This UV-curable aqueous ink is suitable for indoor signage and wallpaper applications, offering safe, odorless ink, high rub resistance, and compatibility with various print substrates. The technology reduces ink clogging, adheres to various substrates without pre-coat primers, reduces printed image thickness, and reduces ink odor, making it a new standard in the wide format market.
Market Segmentation
- Based on type, the market is segmented into UV flexo inks, UV offset inks, UV low energy/LED offset inks (except UV offset inks), UV screen printing inks, and electron beam (EB) inks.
- Based on application, the market is segmented into the printing industry, packaging industry, automotive industry, electronics, medical devices, and others (consumer goods).
UV Offset Inks is Projected to Emerge as the Largest Segment
The high demand for UV-curable offset inks owing to their efficiency and environmental benefits is making a significant contribution to the high share of this market segment. In December 2020, NUtec launched the Ruby UV ink range, specifically designed for LED UV lamp curing. The premium quality, fast-curing roll-to-roll inks are ideal for flexible applications and offer enhanced scuff and chemical resistance. It additionally offers improved stretchability and low odor.
Printing Industry to Hold a Considerable Market Share
The demand for versatile ink solutions is increasing in the printing industry owing to the diversification of print requirements, and formulation. In January 2022, NUtec Digital Ink introduced its latest UV-curable ink, the Ruby R10-HYB, for Epson DX4, DX5, DX6, DX7, I3200-U1 & XP600 printheads. This hybrid ink is designed for rigid and roll-to-roll applications and is optimized for LED UV lamps. It offers superior compliance on various rigid substrates and is suitable for indoor signage, outdoor advertising, and promotional goods.
Regional Outlook
The global energy curable inks market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Market Players Outlook
Table of Contents
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- 1.1. Research Methods and Tools
- 1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region
2. Market Overview and Insights
- 2.1. Scope of the Report
- 2.2. Analyst Insight & Current Market Trends
3. Competitive Landscape
4. Market Segmentation
5. Regional Analysis
6. Company Profiles
LIST OF TABLES
- 1. Global Energy Curable Inks Market Research And Analysis By Type, 2023-2031 ($ Million)
- 2. Global UV Flexo Energy Curable Inks Market Research And Analysis By Region, 2023-2031 ($ Million)
- 3. Global UV Offset Energy Curable Inks Market Research And Analysis By Region, 2023-2031 ($ Million)
- 4. Global UV Low Energy/Led Offset Energy Curable Inks Market Research And Analysis By Region, 2023-2031 ($ Million)
- 5. Global Electron Beam Energy Curable Inks Market Research And Analysis By Region, 2023-2031 ($ Million)
- 6. Global Energy Curable Inks Market Research And Analysis By Application 2023-2031 ($ Million)
- 7. Global Energy Curable Inks For Printing Industry Market Research And Analysis By Region, 2023-2031 ($ Million)
- 8. Global Energy Curable Inks For Packaging Industry Market Research And Analysis By Region, 2023-2031 ($ Million)
- 9. Global Energy Curable Inks For Automotive Industry Market Research And Analysis By Region, 2023-2031 ($ Million)
- 10. Global Energy Curable Inks For Electronics Market Research And Analysis By Region, 2023-2031 ($ Million)
- 11. Global Energy Curable Inks For Medical Devices Market Research And Analysis By Region, 2023-2031 ($ Million)
- 12. Global Energy Curable Inks For Other Applications Market Research And Analysis By Region, 2023-2031 ($ Million)
LIST OF FIGURES
