Printing Inks Market Is Predicted To Witness Incremental Growth In The Forecast Period 2023-2032
As per the printing inks market report by The Business Research Company, the 3D technology will be a driver of the printing ink market during the forecast period.
The global printing inks market grew from $29.68 billion in 2022 to $30.38 billion in 2023 at a compound annual growth rate (CAGR) of 2.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The printing inks market is expected to grow to $33.78 billion in 2027 at a CAGR of 2.7%.
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Major competitors in the printing inks market include DIC Corporation, Arkema SA, Sakata INX Corporation, Siegwerk Druckfarben AG & Co, TOYO Ink Group, Dainichiseika Color & Chemicals Mfg.Co. Ltd., DuPont Inc., Agfa-Gevaert NV, T&K TOKA Corporation, and Ferro Corp.
The printing inks market is segmented -
• By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks
• By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks
• By End User Industries: Packaging, Print Media, Commercial Printing, Other End-Use Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europe was the largest region in the printing inks market in 2022.
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Printing inks are liquids that contain pigments or dyes that are used to produce images, text, and designs. They are widely used in letterpress and lithographic printing. Printing inks consist of a pigment or pigments of the required color mixed with oil or varnish. For example, black ink made from carbon black is mixed with thick linseed oil or similar oil, often with rosin oil to which rosin varnish is added. Inkjet inks consist of a base carrier such as water, oil, or a solvent, and colorants such as dyes or pigments, along with small amounts of chemical additives to provide some unique characteristics.
The Table Of Content For The Printing Inks Market Include:
1. Executive Summary
2. Report Structure
3. Printing Inks Market Characteristics
4. Printing Inks Market Product Analysis
5. Printing Inks Market Supply Chain
6. Printing Inks Market Customer Information
21. Key Mergers And Acquisitions In The Printing Inks Market
22. Market Background: Chemicals By End Use Market
25. Copyright And Disclaimer
The "Global Printing Inks Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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