Press release
Global Digital Textile Printing Ink Market Is Valued At USD 712 Million In 2017 And Is Expected To Reach USD 1622 Million By The End Of 2024
Digital Textile Printing Ink is an ink used in digital inkjet printer, generally; it can be directly applied to the print media in the form of droplets. The main components of the ink are color unit and vectors. Color unit may be a pigment or dye.
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Global Digital Textile Printing Ink Market: Forecast by Type / Application / Region
The major players in global Digital Textile Printing Ink market include: Dupont, Huntsman, JK Group, Kornit, DyStar, SPGprints, BASF, Jay Chemical, Marabu, Dow Corning, EFI, Sensient, Magna Colours, Anajet, Print-Rite, Lanyu, Hongsam, INKBANK, TrendVision, INKWIN.
On the basis of product, the Digital Textile Printing Ink market is primarily split into: Reactive Dye Inks, Acidic Ink, Paint Ink, Dispersion & Sublimation Ink.
On the basis on the end users/applications covers: Silk/Wool Textile, Nylon/Chemical Fiber Textile, Cotton Textile, Others.
The main production areas are in USA and Europe while the main consumption is in Europe, USA and China. The production was increasing from 2013 to 2017, at the end of 2017, it expects that the production of digital textile printing ink over 16000 KL.
The price of digital textile printing ink is also decline in the past five years because of the market impact. Compared to the traditional printing process, the price of this ink is too high. The global grow margin is at about 40%, and after 2014, the grow margin decreased in a certain extent.
There are many manufactures of the digital textile printing ink in the world, the largest company occupy about 15% market share, mainly in the United States and Europe. DuPont and Huntsman stands for the industry's development.
The price of products from USA and EU is higher than product produced in developing Country. The manufactures in China should strengthen technology research and development and produce best Digital Textile Printing Ink product.
Print-Rite and Lanyu have made a significant contribution to the development of Chinese Digital Textile Printing Ink industry. Just like Atexco in the printer manufacturing fields.
At present, the textile printing is still a large number of traditional technology, environmental protection, long design cycle, these shortcomings are increasingly prominent. So it provides a good opportunity for the development of this industry.
It expects that more and more manufactures enter into the digital textile printing ink field, the capacity and the production will be increasing fast, the growth rate is about 15% in the next six years.
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Related Information:
United States Digital Textile Printing Ink Market 2018 Forecast to 2023
Europe Digital Textile Printing Ink Market 2018 Forecast to 2023
North America Digital Textile Printing Ink Market 2018 Forecast to 2023
Asia-Pacific Digital Textile Printing Ink Market 2018 Forecast to 2023
China Digital Textile Printing Ink Market 2018 Forecast to 2023
EMEA Digital Textile Printing Ink Market 2018 Forecast to 2023
Global Digital Textile Printing Ink Market 2018 Forecast to 2023
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