Press release
Water-Based Inks Market Set to Surge, Projected to Reach $20.27 Billion by 2029
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe 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.
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก:
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 ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ฅ๐ข๐๐ค ๐ญ๐ก๐ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/request-sample/41006/
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐๐ง๐๐ซ๐๐๐ฌ๐ ๐จ๐ซ ๐๐๐๐ซ๐๐๐ฌ๐ ๐๐จ๐ซ ๐ฐ๐ก๐๐ญ ๐๐จ๐ง๐ญ๐๐ข๐ง๐ฌ??
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ
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.
๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ
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.
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
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.
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
โข ๐๐ฒ ๐๐๐ฌ๐ข๐ง ๐๐ฒ๐ฉ๐
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.
โข ๐๐ฒ ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
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.
โข ๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
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.
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
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.
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/41006/
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐ ๐ข๐ง ๐ฐ๐ก๐ข๐๐ก ๐ซ๐๐ ๐ข๐จ๐ง๐ฌ??
๐๐ฌ๐ข๐ ๐๐๐๐ข๐๐ข๐
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.
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐
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.
๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
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.
๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
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
๐๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ
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.
๐๐๐๐๐ข๐ฏ๐ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/global-water-based-inks-market/41006/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐ญ๐๐ซ-๐๐๐ฌ๐๐ ๐๐ง๐ค๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
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?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
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
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐๐๐ข๐ญ๐ข๐จ๐ง๐๐ฅ ๐๐๐ฒ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ก๐๐ฆ๐๐ฌ:
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