Ink Additives Market will Likely Rise to US$ 3.5 Bn by 2026

Ink additives are materials that impart necessary characteristics to printing inks. These characteristics include protection of the finished product and smooth running on the printing press.

Packaging is a highly important marketing aspect that influences consumers’ purchasing decision. The packaging industry is a major consumer of printing inks. Growth of the food & beverages sector and rise in the demand for flexible packaging in the health care sector are estimated to boost the demand for ink additives in the next few years. Increase in the demand for inks in the global packaging industry is projected to drive the global ink additives market during the forecast period. The global packaging industry was valued at approximately US$ 820 Bn in 2016 and is likely to expand at a rapid pace during the forecast period. Ink additives are employed in the manufacture of all types of printing inks.

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Increased Digitization Hampering Ink Additives Market

The trend of e-commerce and e-books is growing at a significant rate across the globe. It is hampering the publication & commercial printing industry. Thus, substantial decrease in paper-based communication is estimated to restrain the global ink additives market during the forecast period.

Prominent trends in e-commerce include e-books, event tickets, sporting goods, toys, and hotel and airline reservations. These trends are anticipated to restrain the printing inks industry largely in the next few years. This, in turn, is anticipated to act as a restraint of the global ink additives market during the forecast period.

Opportunities to Collaborate Closely with Printing Ink Manufacturers

Ink additives are available in several forms such as dispersants, defoamers, waxes, and surfactants. Different types of ink additives offer different end-results. For example, plasticizers enhance the flexibility of printed films; waxes promote rub resistance; chelating agents increase viscosity of inks and improve adhesion; surfactants improve the wetting of pigments or substrates; while defoamers reduce surface tension in water-based inks.

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Ink additive manufacturers can collaborate closely with printing ink manufacturers to understand the precise requirement of the latter and manufacture printing inks accordingly. Such collaborations can help printing ink manufacturers develop printing inks tailored for specific printing processes such as lithography, flexography, gravure, and digital printing or applications such as packaging, publishing, and commercial printing. Ink additive manufacturers stand to gain considerably by building close relations with printing ink manufacturers and providing customized ink additives.

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This release was published on openPR.