Printing Inks Market: Industry Analysis Of Production, Future Demand, Sales And Research Report To 2033

"The printing inks market size has grown strongly in recent years. It will grow from $31.81 billion in 2023 to $33.46 billion in 2024 at a compound annual growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed to publication and commercial printing, packaging industry growth, raw material costs, globalization, economic conditions.

The printing inks market size is expected to see steady growth in the next few years. It will grow to $40.16 billion in 2028 at a compound annual growth rate (CAGR) of 4.7%. The growth in the forecast period can be attributed to sustainable practices, e-commerce boom, brand differentiation, smart packaging, health and safety compliance, . Major trends in the forecast period include digital printing advancements, digital printing dominance, environmentally friendly inks, uv led technology, 3d printing inks, smart packaging and rfid inks.

Market Overview -
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.

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3D Printing Ink Fuels The Growth Of The Printing Inks Market
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.

Competitive Landscape -
Major companies operating in the printing inks market report are DuPont Inc., Arkema SA, DIC Corporation, Sun Chemical Corporation, Altana AG, TOYO Ink Group, Agfa-Gevaert NV, Flint Group, Siegwerk Druckfarben AG & Co., Rieger Druckfarben GmbH & Co. KG, Sakata INX Corporation, Ferro Corp., Huber Group, T&K TOKA Corporation, Tokyo Printing Ink Mfg. Co. Ltd., Nazdar Company, DYO Matbaa Mürekkepleri Sanayi ve Ticaret A.Ş., Wikoff Color Corporation, Sanchez SA de CV, Dainichiseika Color & Chemicals Mfg.Co. Ltd, Marabu GmbH & Co. KG, Epple Druckfarben AG, Fujifilm Sericol India Private Limited, Doneck Euroflex S.A., RUCO Druckfarben, Encres Dubuit, Zeller+Gmelin GmbH & Co. KG, Royal Dutch Printing Ink Factories Van Son, Brancher Company

Printing Inks Market Embrace Innovation For Better Quality And Ink Savings
Major companies operating in the printing inks market are introducing innovative solutions such as Onset 560 ink to gain a competitive edge in the market. The Onset 560 inkjet printing press is equipped with a comprehensive full-width printhead system and incorporates cutting-edge automation including robotic technology. It is capable of addressing various applications in signage, display, and packaging, achieving speeds of up to 1450 square meters per hour. For instance, in May 2023, Agfa Corporation, a Belgium-based developer and provider of imaging systems and IT solutions, mainly for the printing industry, launched Onset 560 ink that offers exceptional print quality, an extensive range of colors, and minimal ink consumption. This combination results in substantial cost savings, typically exceeding 20% in ink savings when compared to other ink options.

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Key Segments -
The printing inks market covered in this report is segmented -
1) By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks
2) By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks
3) By End User Industries: Packaging, Print Media, Commercial Printing, Other End-Use Industries

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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