Water-Based Printing Inks Market on the Rise: Examining Market Size, Growth Outlook, and the Impact of Eco-Friendly Trends Driving Demand in the Printing Industry

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Water-Based Printing Inks Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $12.79 billion In 2028 At A CAGR Of 5.2% :

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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Water-Based Printing Inks Market Major Segments
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

Key Driver - 3D Printing Technology Drives The Demand For Specialized Printing Inks

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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Prominent Trend - Sustainable And Environmentally Friendly Solutions In The Printing Ink Market

Many companies in the printing ink market are shifting from manufacturing petroleum-based printing inks to manufacturing environmentally friendly printing inks (green printing inks). Unlike petroleum-based printing inks, green printing inks do not contain heavy metals or other dangerous or toxic substances, so they do not cause excessive pollution in landfills. Green printing inks are based on sustainable materials such as soy and other plant-based origins, which are more sustainable than petroleum. Examples of green printing inks include water-based and oil-based printing inks. The use of green printing inks results in a reduction of volatile organic compounds (VOCs) released during the printing process. Major players in the printing ink market such as DIC Corporation, Flint Group, Sakata Inx, and others are providing green printing inks as part of their offerings.

Water-Based Printing Inks 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.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the water-based printing inks market in 2023. Western Europe was the second-largest region in the global water-based printing inks market analysis. The regions covered in the water-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Water-Based Printing Inks Market Report Structure
3. Water-Based Printing Inks Market Trends And Strategies
4. Water-Based Printing Inks Market - Macro Economic Scenario
5. Water-Based Printing Inks Market Size And Growth
…..
27. Water-Based Printing Inks Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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