Water-Based Printing Inks Market 2024 Report By Key Companies, Regional Analysis And Forecast 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Water-Based Printing Inks Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The water-based printing inks market size has grown strongly in recent years. It will grow from $9.86 billion in 2023 to $10.44 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to emerging markets growth, change in customer preferences, and technological advances.

The water-based printing inks market size is expected to see strong growth in the next few years. It will grow to $12.79 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth in the forecast period can be attributed to sustainability, high demand from end-user industries, increase in demand from printing industry, and increase in demand from packaging industry . Major trends in the forecast period include rising investment in research and development to develop products with enhanced physical and chemical properties, increase in water-based printing ink consultancy services to help users select the right pigments as they can easily be duplicated so differentiating between different brands is an increasing difficult task, introduction of high resolution inks to water-based printing inks companies portfolio as they are more effective than traditional inks as they allow fine and solid printing at high speed, introducing thermal inkjet inks to cater to the growing demand to include better performance, lower costs and ink versatility, especially in photo printing applications, and an increase in strategic collaborations or mergers and acquisitions, in the printing inks market, many companies are strategically acquiring and merging with start-ups and mid-sized companies to broaden their products and services range or enter emerging regions.

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Key Market Players:

Major companies operating in the water-based printing inks market report are DIC Corporation, Flint Group, Siegwerk Druckfarben Ag & Co. KGaA, Sakata Inx, Toyo Ink SC Holdings Co. Ltd., T & K Toka Co. Ltd., Huber Group, Tokyo Printing Ink Mfg. Co. Ltd., Fujifilm North America, Nazdar Ink Company, Daihan Ink, Bauhinia Ink, DAS Water Based Ink, Zhejiang Yongzai Chemical, Shanghai Si-Lian Industrial General Company, Hubergroup, Dolphin Inks Pvt. Ltd., Matsui Chemical (International), Altana Corporation, Ferro, Sun Chemical Group, Colorgraf SpA, BRANCHER Tremblay, Encres Dubuit, INX International France S.A.S., Brigal SA., Chimigraf Iberica S.L., SICPA Holding SA, Wikoff Color Corporation, DEERS I Co. LTD., Dow, Evonik, Doneck Network, Siegwerk, Ahbar Industries, Sun Chemical Saudi Arabia, Al Sama Ink Company, United Ink Production Co. Ltd., Rexx Screen and Digital Supplies, Magna Colours.

Market Drivers:

3D technology will be a driver of the printing ink market during the forecast period. With a rise in worldwide interest in 3D printing technology from consumers, researchers, and industrial production, there is expected to be a high demand for 3D printing inks. Unlike 2D inks, which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. In November 2021, Cubic Ink materials from ALTANA and DP Polar are revolutionizing industrial 3D inkjet printing. Multi-material capability for maximum productivity for a wide variety of printing materials is processed using the continuous Multi-material Jetting process.

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The water-based printing inks market covered in this report is segmented -

1) By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks, Other Water Based Inks
2) By Type: Flexo Inks, Gravure Inks, Screen Printing Inks, Digital Inks
3) By Application: Packaging Industry, Textile Industry, Art, Other Applications

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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