PUBLISHER: The Business Research Company | PRODUCT CODE: 1695233
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695233
UV curable inks are a specialized type of ink utilized in printing applications, which undergo rapid curing or drying upon exposure to ultraviolet (UV) light. These inks offer advantages such as quick drying times, vivid color reproduction, and heightened durability across a broad spectrum of surfaces. They find widespread application in diverse printing tasks, including wide-format printing, packaging, labeling, and signage.
The primary variants of UV curable inks encompass offset printing UV curable inks, silkscreen printing UV curable inks, flexo printing UV curable inks, gravure UV curable inks, and digital printing UV curable inks. Offset printing UV-curable inks, for instance, are specifically engineered to instantaneously dry under UV light during the offset printing process, yielding vibrant and long-lasting prints on various substrates. These inks are available in different formulations such as cationic and free radicals, catering to various end-user industries such as automotive, consumer goods, packaging, electronics, medical, publications and printing, among others.
The UV curable inks market research report is one of a series of new reports from The Business Research Company that provides UV curable inks market statistics, including UV curable inks industry global market size, regional shares, competitors with a UV curable inks market share, detailed UV curable inks market segments, market trends and opportunities, and any further data you may need to thrive in the UV curable inks industry. This UV curable inks market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The UV curable inks market size has grown strongly in recent years. It will grow from $1.65 billion in 2024 to $1.76 billion in 2025 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to environmental regulations, continuous advancements in UV curing technology, increased demand for high-quality printing, cost savings, productivity improvements, and a shift towards sustainable practices.
The UV curable inks market size is expected to see strong growth in the next few years. It will grow to $2.26 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to growth in the packaging industry, market expansion in emerging economies, regulatory initiatives promoting environmentally friendly inks, the expansion of end-use applications, and increasing demand for high-quality, high-speed printing. Major trends in the forecast period include advancements in printing technologies, a focus on sustainability, expansion in 3D printing applications, the development of advanced UV-curable ink formulations, and a growing focus on bio-based and low-VOC UV inks.
The expanding reach of e-commerce is poised to be a significant catalyst propelling the growth of the UV curable inks market in the foreseeable future. E-commerce, characterized by its online business model facilitating transactions over the Internet, is experiencing notable growth driven by factors such as convenience, increasing internet accessibility, and evolving consumer preferences favoring online shopping experiences. UV curable ink finds widespread application in printing labels, barcodes, and product identifiers on e-commerce packaging, meeting the demands of the digital retail landscape. Furthermore, within the fashion industry, e-commerce facilitates the dissemination of UV curable ink for custom-printed apparel, enabling seamless customization and efficient production processes. Data from the United States Census Bureau in February 2024 underscores this trend, with e-commerce sales projected to reach $1,118.7 billion in 2023, reflecting a significant increase of 7.6% compared to the previous year. Notably, e-commerce sales constituted 15.4% of total retail sales in 2023, underscoring its growing prominence in the retail sector. This underscores the pivotal role of e-commerce expansion in driving the ascent of the UV curable inks market.
Leading companies in the UV curable inks market are focusing on the development of advanced technological solutions, such as UV LED technology, to improve print quality, boost production efficiency, and reduce environmental impact. These innovations drive ongoing progress in UV-curable inks, enabling printers, manufacturers, and end-users to achieve superior performance, greater efficiency, and enhanced sustainability in their printing applications. For example, in September 2023, Fujifilm, a Japan-based technology firm, introduced CuremaX IDFC, its first indirect food contact ink. This innovative series features gloss LED UV inks that are also compatible with conventional lamps, offering versatility for printers. Specifically designed for food and pharmaceutical packaging, CuremaX IDFC is formulated to reduce the risk of ink migration, making it ideal for indirect food contact applications. The ink is suitable for narrow web labels and can be applied to a wide range of substrates, including synthetic materials like PE, PP, OPP, PET, and PVC, as well as both coated and uncoated papers.
In October 2024, Sudarshan Chemical Industries Ltd., an India-based chemical industry company, acquired Heubach Group for $140.2 million (₹1,180 crore). This acquisition is aimed at expanding SCIL's product portfolio and market presence, especially in Europe and the Americas. It is expected to foster a culture of agility and efficiency within the combined organization, improving customer-focused operations and profitability. Heubach Group is a Germany-based manufacturer of pigments, dyes, and specialty materials, including UV-curable inks.
Major companies operating in the UV curable inks market are Hewlett And Packard Company, Heraeus Noblelight, Fujifilm Corporation, Kao Collins Corporation, Sun Chemical Corporation, Toyo Ink SC Holdings Co. Ltd., INX Digital International Co., Siegwerk Druckfarben AG And Co. KGaA, Armstrong World Industries Inc., Agfa-Gevaert Group, Mimaki Engineering Co. Ltd., T And K Toka Co. Ltd., SPGPrints B.V., Flint Group, Roland DGA Corporation, APV Engineered Coatings, Gans Ink And Supply Co., Marabu GmbH And Co. KG, Nutec Digital Ink Pvt. Ltd., Polymeric Imaging Inc., RUCO Druckfarben, Pulse Roll Label Products Ltd., Eastern Marking Machine Corp., Paul Leibinger GmbH And Co. KG, Bordeaux Digital Printink Ltd.
Asia Pacific was the largest region in the UV curable inks market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the uv curable inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the uv curable inks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The UV curable inks market consists of sales of UV-LED-curable inks, hard UV-curable inks, soft UV-curable inks, and low-migration UV-curable inks. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
UV Curable Inks Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on uv curable inks market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for uv curable inks ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The uv curable inks market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.