According to a recent market research report
published by Transparency Market Research, the global printing inks
market is estimated to expand at a CAGR of 5.0% during the period
between 2014 and 2020. The report, titled “Printing Inks Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020,” projects the global printing inks market to be worth
US$20.17 bn by 2020. The overall market was valued at US$14.41 bn in
2013.
Printing inks usually contain pigments of required
color mixed with varnish or oil. For example, a black ink is made
from carbon blacks and thick linseed oil. Printing inks flow smoothly
and dry faster, and their consistency makes it possible to hold
enough color to make printed matter legible.
This 106 page report gives readers a
comprehensive overview of the Printing Inks market. Browse through 27
data tables and 28 figures to unlock the hidden opportunities in this
market@
The growing demand from the packaging industry is
expected to boost the growth of the global printing inks market.
Rising demand for UV-cured inks from various printing processes is
also expected to fuel market growth. However, the increasing
popularity of e-books, and stringent government regulations will
hamper the demand for printing inks in the near future. The
introduction of bio-based printing inks is expected to create new
growth opportunities for the market.
In terms of process types, the report categorizes
the global printing inks market into gravure, lithographic, digital,
flexographic, and others including letterpress printing. In terms of
volume, the lithographic printing segment accounted for 40% of the
market and dominated the overall market in 2013. The digital printing
segment is anticipated to be the fastest growing segment during the
forecast horizon with the rising demand for digital printing and an
increasing number of households buying printing inks.
On the basis of product type, the global printing
inks market has been divided into oil-based, water-based,
solvent-based, and other printing inks. The water-based inks segment
is expected to witness the fastest growth by 2020 as water-based inks
are environment-friendly. Presently, the global printing inks market
is dominated by oil- and solvent-based inks.
In terms of applications, the global printing inks
market has been categorized into publication and commercial printing,
packaging, and others including decorative printing. Packaging was
the largest application segment in 2013 owing to the steady growth in
demand for flexible packaging across various industries. The
packaging segment is expected to continue its dominance through 2020.
In the packaging industry, printing inks are being increasingly used
in metal cans, tags and labels, and flexible materials.
The report studies the global printing inks market
across Europe, Asia Pacific, North America, and Rest of the World. In
terms of volume, North America dominated the overall market with
share of 30% in 2013. The growing demand for commercial printing and
flexible packaging is expected to fuel the demand from this regional
market. However, during the forecast horizon, Asia Pacific is
projected to emerge as the fastest growing region owing to the rising
demand for printing inks from China and India. In the U.S. and
Europe, the market is estimated to witness steady growth in the
coming years.
Get accurate market forecast and analysis on
the Printing Inks market. Request a sample to stay abreast on the key
trends impacting this market@
Describing the competitive landscape, the report
profiles some of the key players in the global printing inks market
such as TOYO Ink Group, Wikoff Color Corporation, T&K TOKA
Corporation, Royal Dutch Printing Ink Factories Van Son, Flint Group,
Siegwerk Druckfarben AG & Co. KGaA, Sakata INX Corporation, Huber
Group, Sun Chemical Corporation, Zeller+Gmelin GmbH & Co. KG, and
ALTANA AG. The report provides detailed information about the key
players including financial overview and recent developments.
Global printing inks market has been segmented
as:
Printing Inks Market – Product Segment
Analysis
- Solvent-based printing inks
- Water-based printing inks
- Oil-based printing inks
- Other printing inks (Including UV-cured Inks, etc.)
Printing Inks Market - Process Segment Analysis
- Lithographic printing
- Gravure printing
- Flexographic printing
- Digital printing
- Other printing (Including letterpress printing, etc.)
Printing Inks Market - Application Analysis
- Packaging
- Publication and commercial printing
- Others (Including decorative printing, etc.)
Printing Inks Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (Latin America, Africa and the Middle East)
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