Solvent-Based Printing Inks Market Size, Analysis, Trends, Overview By 2024-2033

The solvent-based printing inks market size has grown strongly in recent years. It will grow from $10.01 billion in 2023 to $10.55 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to high print quality, durability and resistance, versatility in substrates, wide application spectrum, cost-effectiveness, regulatory compliance challenges.

The solvent-based printing inks market size is expected to see steady growth in the next few years. It will grow to $12.73 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to advancements in formulations, increased efficiency, application innovation, environmental regulations compliance, growing end-user industries. Major trends in the forecast period include digital printing integration, established technology, environmental regulations and sustainability, technological advancements, end-user industry dynamics.

Market Overview -

Solvent-based inks are pigment inks that are mixed with volatile organic compounds (VOCs) such as hydrocarbons, alcohols, esters, and others that are waterproof and ultraviolet (UV) safe. They are relatively inexpensive and enable printing on flexible, uncoated vinyl substrates, which are used to produce vehicle graphics, billboards, 3D printed objects, banners, and adhesive decals.

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Rising Demand For Solvent-Based Printing Inks Driven By The 3D Printing Revolution

3D technology will be a driver of the solvent-based printing inks 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 such as solvent-based 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. For instance, researchers at Dartmouth College developed a smart ink that turns 3D-printed structures into objects that can change shape and color. The ink aims to add even more functionality to 3D printing. Similarly, scientists at the Georgia Institute of Technology, Atlanta, developed a novel ink that, when combined with a new method of printing and with varying lighting, hardens the 3D printed object.

Competitive Landscape -

Major companies operating in the solvent-based printing inks market report are China National Petroleum Corporation, China Petrochemical Corporation, British Petroleum plc, Chevron Corporation, The Dow Chemical Company, Sun Chemical Corporation, Flint Group Holdings Limited, Toyo Ink SC Holdings Co. Ltd., Sakata INX Corporation, Siegwerk Druckfarben AG & Co. KGaA, Dainichiseika Color & Chemicals Mfg. Co. Ltd., Grupo Idesa SA de CV, T&K Toka Co. Ltd., Tokyo Printing Ink Mfg. Co. Ltd., Wikoff Color Corporation, Lawter Inc., Bordeaux Digital PrintInk Ltd., Cinkarna Celje dd, SICPA Holding SA, Doneck Euroflex S.A, Royal Dutch Printing Ink Factories Van Son, Lawson Screen & Digital Products Inc., Yansefu Inks and Coatings Pvt. Ltd., Mirage Inks Co. Ltd., Golden Dyechem, TW Graphics Inc., O Ecotextiles Inc., Coatings Pvt. Ltd., Huber Group India Pvt. Ltd., Fujifilm Sericol India Private Limited, Stehlin Hostag UK Ltd., Gabba Screen Printing Supplies

Solvent-Based Printing Ink Companies Embrace Thermal Inkjet Technology For Enhanced Performance

Solvent-based printing ink companies are introducing thermal inkjet inks to cater to the growing demand. Thermal inkjet printing induces the ejection of the ink droplet by superheating a small portion of solvent-based ink. The advantages of thermal inkjet printing include better performance, lower costs, and ink versatility, especially in photo printing applications. For instance, Collins Inkjet has developed a new solvent-based TIJ ink, Stratus. It has increased dot control, decap time, and optical density.

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Key Segments -

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

1) By Type: Cellulose Inks, Epoxy Inks, Vinyl Inks, Vinyl-Acrylic Inks, Polyurethane Inks
2) By Printing Technology: Lithographic, Gravure, Flexographic, Screen-Printing, Letterpress, Digital, Other Printing Technologies
3) By Application: Label & Packaging, Commercial Printing, Publication, Other Applications

Key highlights covered in the report -

1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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