Thermal Inkjet Inks Market Set for Rapid Expansion with High CAGR by 2031 | HP Inc., Canon Inc., Epson, Kao Corporation, Videojet Technologies, Inc.

The Global Thermal Inkjet Inks Market reached USD 1.1 billion in 2022 and is expected to reach USD 1.7 billion by 2031, growing with a CAGR of 5.3% during the forecast period 2024-2031.

DataM Intelligence has published a new research report on "Thermal Inkjet Inks Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Segmentation, CAGR, business revenue competitive positioning of key companies, investigating elements such as product offerings, pricing strategies, financial performance, product portfolios, growth initiatives, and geographical reach. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

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Thermal Inkjet Inks are specialized inks used in thermal inkjet printing technology, where heat is employed to create droplets of ink that are then ejected through tiny nozzles onto various substrates. These inks are typically water-based and formulated with pigments or dyes to achieve vibrant colors and high-resolution prints. Thermal inkjet inks are known for their fast drying times, excellent print quality, and ability to produce fine details, making them suitable for applications ranging from consumer printing to industrial labeling and packaging. The inks must also be compatible with the specific thermal inkjet printer technology to ensure optimal performance and prevent clogging of the nozzles.

Key Developments:

February 24, 2022: Canon expanded its MAXIFY Ink Efficient GX Series portfolio by launching a new ink tank business printer. This printer is designed to enhance efficiency and productivity in offices and enterprises by offering low color printing costs alongside impressive speed, paper handling capabilities, and networking features.

February 9, 2023: Seiko Epson Corporation unveiled two new variants of inkjet printers compatible with solvent inks. The new models, I3200(8)-S1HD and S800-S1, support a variety of inks, including oil-based, solvent, and other types, making them suitable for digital printing applications in production settings. They also accommodate aqueous, UV-cured, and eco-solvent inks.

May 11, 2020: Domino Printing Sciences (Domino) launched the Gx-Series, a new line of premium thermal inkjet (TIJ) printers. These printers are designed to quickly, effectively, and accurately code product labels, flexible films, and cartons. The Gx-Series is versatile and user-friendly, tailored to meet the dynamic demands of a global marketplace characterized by rapid shifts in consumer preferences and production schedules.

Research Process:

Both primary and secondary data sources have been used in the global Thermal Inkjet Inks Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

List of the Key Players in the Thermal Inkjet Inks Market:

HP Inc., Canon Inc., Epson, Kao Corporation, Videojet Technologies, Inc., Domino Printing Sciences plc, Xaar, Konica Minolta, Markem-Imaje and Ricoh.

Segment Covered in the Thermal Inkjet Inks Market:

By Substrate: Porous, Non-Porous

By Ink: Water-Based, Solvent-Based

By Printer: Consumer Printer, Industrial Printer, Textile Printer, Commercial Printer

By End-User: Packaging and Labeling, Textile and Apparel, Retail and Commercial, Healthcare and Pharmaceuticals, Food and Beverage,Others

Regional Analysis:

The global Thermal Inkjet Inks Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

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Regional Analysis:

The global Thermal Inkjet Inks Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Thermal Inkjet Inks Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

Chapter Outline:

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: key insights, key emerging trends, etc.

Chapter 3: Manufacturers competitive analysis, detailed analysis of Thermal Inkjet Inks manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.

Chapter 5 & 6: Revenue of Thermal Inkjet Inks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: The main points and conclusions of the report.

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Frequently Asked Questions

Q1) How Big is the Thermal Inkjet Inks Market?

A) The Global Thermal Inkjet Inks Market reached USD 1.1 billion in 2022 and is expected to reach USD 1.7 billion by 2031, growing with a CAGR of 5.3% during the forecast period 2024-2031.

Q2) Who are the key players of Thermal Inkjet Inks Market?

A) The major global players include HP Inc., Canon Inc., Epson, Kao Corporation, Videojet Technologies, Inc., Domino Printing Sciences plc, Xaar, Konica Minolta, Markem-Imaje and Ricoh.

Q3) What are the regions covered in this report?

A) The global Thermal Inkjet Inks Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa

4) What are the Segments Coverd in this report?

A) The Thermal Inkjet Inks market is segmented as Substrate, Ink, Printer, End-User and Region

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