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Water-Based Inks Market Set to Surge, Projected to Reach $20.27 Billion by 2029

07-12-2024 10:17 AM CET | Chemicals & Materials

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Water-Based Inks Market

Water-Based Inks Market

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The need for printing inks has increased recently, and the market for water-based inks has grown significantly due to factors such as the development in flexible packaging, environmental concerns, and safety concerns. Polyethylene film substrates were used to produce and print water-based ink formulations that included deformer, wax, and surfactant additives.

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐„๐ฑ๐ฉ๐ž๐œ๐ญ๐ž๐ ๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก:

The global Water-Based Inks Market is on a robust growth trajectory, expected to reach USD 20.27 billion by 2029, driven by a compound annual growth rate (CAGR) of 7.2% during the forecast period.

๐…๐จ๐ซ ๐š๐ง ๐ข๐ง-๐๐ž๐ฉ๐ญ๐ก ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐œ๐ฅ๐ข๐œ๐ค ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/41006/

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ˆ๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž ๐จ๐ซ ๐ƒ๐ž๐œ๐ซ๐ž๐š๐ฌ๐ž ๐Ÿ๐จ๐ซ ๐ฐ๐ก๐š๐ญ ๐œ๐จ๐ง๐ญ๐š๐ข๐ง๐ฌ??

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ

The burgeoning market for water-based inks is primarily fueled by the flexible packaging industry's expansion and the rising demand for printing inks that prioritize environmental safety. Water-based inks, which consist of surfactant, wax, and defoamer additives, are increasingly used on polyethylene film substrates, providing an eco-friendly alternative to traditional solvent-based inks.

The reduced generation of hazardous waste with water-based inks makes them a preferred choice in emerging economies such as Asia Pacific and North America, where environmental regulations are becoming more stringent.

๐‚๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ž๐ฌ

Despite the benefits, water-based inks face challenges such as slower drying times and limited performance in highly alkaline environments. These inks are soluble in alkaline solutions, which can hinder their ability to print smoothly on difficult substrates due to the high surface energy of water molecules. Additionally, UV-cured printing inks, which offer faster drying times and do not contain volatile organic compounds (VOCs), pose competitive pressure on water-based inks.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

Continuous innovation in water-based inks, including the development of pH-stable formulations and advancements in resin technology, presents significant growth opportunities. These improvements enhance the performance of water-based inks, making them more competitive against UV-cured inks in various printing processes such as inkjet, gravure, and flexography.

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

โ€ข ๐›๐ฒ ๐‘๐ž๐ฌ๐ข๐ง ๐“๐ฒ๐ฉ๐ž

Acrylic
Polyester
Maleic
Others

The acrylic resin segment dominated the market in 2022 and is expected to maintain its lead during the forecast period. The demand for acrylic resin-based inks is driven by the global packaging industry's need for inks that offer quick drying times, excellent resistance to ice water crinkles, high adhesion, and pH stability.

โ€ข ๐›๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ

Flexography
Gravure
Digital
Others

Flexography printing technology is widely used in the market for printing on paper, plastic, and paperboard. The segment is projected to grow significantly due to its ability to print on a variety of substrates and the use of eco-friendly water-based inks. The growth of the flexible tags and labels and packaging printing industries further drives this segment's expansion.

โ€ข ๐›๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง

Packaging
Publication
Tags & Labels
Others

The packaging segment is anticipated to grow at the highest CAGR, driven by the increasing demand for flexible packaging in the food and beverage sector. Flexible packaging's aesthetic appeal and lightweight nature make it an attractive option, fueling its demand and, consequently, the need for water-based inks. This segment includes flexible packages, tags, corrugated containers, labels, metal cans, and folding cartons.

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐Œ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:

Market Report Water-based Inks provides an elaborate examination of the Water-based Inks commercial, where a study about Water-based Inks markets and their segments is included. The data comes from primary as well as secondary research approaches. The variety of sources, including trade magazines, government publications, company websites, market assessments, industry reports, annual reports, and databases, are used to gather secondary data. The valuation of the Water-based Inks market for Product and geographic segments is given based on current market trends and conditions. The most recent development in the industry and the future market overview give recognition to its recent advancements. It brings a deep analysis, including market size and forecast, trends, growth drivers as well as challenges faced by Water-based Inks Market.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐˜๐จ๐ฎ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ + ๐•๐ข๐ฌ๐ฎ๐š๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/41006/

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐ƒ๐ž๐ฆ๐š๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐œ๐ก ๐ซ๐ž๐ ๐ข๐จ๐ง๐ฌ??

๐€๐ฌ๐ข๐š ๐๐š๐œ๐ข๐Ÿ๐ข๐œ

In 2022, Asia Pacific held the largest market share and is expected to continue leading the market through 2029. The region's dominance is attributed to the development of the packaging and newspaper industries and the presence of major water-based ink manufacturers. The packaging industry's growth in this region significantly contributes to the market's expansion.

๐๐จ๐ซ๐ญ๐ก ๐€๐ฆ๐ž๐ซ๐ข๐œ๐š

North America is the second-largest market, closely following Asia Pacific in terms of revenue. The region's substantial market share is due to the rising demand for environmentally friendly inks and the significant presence of the packaging industry.

๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

Innovations and strategic expansions in the water-based inks market continue to shape its landscape. The focus remains on enhancing ink formulations to meet stringent environmental regulations while offering superior printing performance.

๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

1.Sun Chemical Corporation
2.Flint Group
3.Siegwerk Druckfarben AG & Co. KGaA
4.Toyo Ink SC Holdings Co.
5.Huber Group
6.Wikoff Color Corporation
7.Doneck Euroflex S.A.Sebek Inks
8.Dolphin Inks
9.BCM Inks
10.Chimigraf
11.Group (Luxembourg)
12.DIC Corporation
13.Sakata Inx
14.T&K Toka (Japan), and others
15.Siegwerk
16.Dow Corning Corporation
17.Evonik Industries AG
18.Fujifilm Holdings Corporation
19.American Inks & Technology
20.Wikoff Color Corporation

๐’๐ญ๐ซ๐š๐ญ๐ž๐ ๐ข๐œ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ

The report provides a comprehensive analysis of the market, covering key players, market segments, and regional dynamics. It includes detailed studies of market leaders, followers, and new entrants, along with PORTER, SVOR, and PESTEL analyses to understand the market's macroeconomic factors.

By examining both external and internal factors affecting the market, the report offers a clear futuristic view, aiding decision-makers in strategic planning. The competitive analysis of key players, based on product portfolio, financial position, growth strategies, and regional presence, provides valuable insights for investors.

๐‘๐ž๐œ๐ž๐ข๐ฏ๐ž ๐˜๐จ๐ฎ๐ซ ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/global-water-based-inks-market/41006/

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐–๐š๐ญ๐ž๐ซ-๐›๐š๐ฌ๐ž๐ ๐ˆ๐ง๐ค๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

What is Water-based Inks?
What is the growth rate of the Water-based Inks Market?
Which are the factors expected to drive the Water-based Inks market growth?
What are the different segments of the Water-based Inks Market?
What growth strategies are the players considering to increase their presence in Water-based Inks?
What are the upcoming industry applications and trends for the Water-based Inks Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Water-based Inks Market?
Who are the leading companies and what are their portfolios in Water-based Inks Market?
What segments are covered in the Water-based Inks Market?
Who are the key players in the Water-based Inks market?
๐Š๐ž๐ฒ ๐Ž๐Ÿ๐Ÿ๐ž๐ซ๐ข๐ง๐ ๐ฌ:

Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐€๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐Š๐ž๐ฒ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐ก๐ž๐ฆ๐ž๐ฌ:

โ™ฃ Middle East Exploration and Production Accounting System Software Market https://www.maximizemarketresearch.com/market-report/middle-east-exploration-production-accounting-system-software-market/3050/

โ™ฃ Global Shop Floor Solutions (Software and Hardware) Market https://www.maximizemarketresearch.com/market-report/global-shop-floor-solutions-software-and-hardware-market/75458/

โ™ฃ Global Distributed Stream Computing Platforms (DCSPs) Market https://www.maximizemarketresearch.com/market-report/global-distributed-stream-computing-platforms-dcsps-market/79410/

โ™ฃ Global Network Bandwidth Management Software Market https://www.maximizemarketresearch.com/market-report/global-network-bandwidth-management-software-market/79438/

โ™ฃ Global Phone Line Tapping Market https://www.maximizemarketresearch.com/market-report/global-phone-line-tapping-market/78696/

โ™ฃ Global Media Processing Solutions Market https://www.maximizemarketresearch.com/market-report/global-media-processing-solutions-market/31618/

โ™ฃ Global Face Recognition Terminal Market https://www.maximizemarketresearch.com/market-report/global-face-recognition-terminal-market/107267/

โ™ฃ Packaged software market https://www.maximizemarketresearch.com/market-report/packaged-software-market/78854/

โ™ฃ Global Quality and Compliance Management Solution Market https://www.maximizemarketresearch.com/market-report/global-quality-and-compliance-management-solution-market/77692/

โ™ฃ Global Internet of Things (IoT) Defence Market https://www.maximizemarketresearch.com/market-report/global-internet-things-iot-defence-market/10483/

๐Ž๐ฎ๐ซ ๐€๐๐๐ซ๐ž๐ฌ๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
โฎ 3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
โœ† +91 9607365656
๐Ÿ–‚ sales@maximizemarketresearch.com
๐ŸŒ www.maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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