Press release
Oil-based Printing Ink Market Share To Rise At 4.2% CAGR, To Reach USD 16.2 Billion by 2031 | Dow, Sicpa Holding SA, Epple Druckfarben AG, Sakata Inx Corporation
Oil-based Printing Ink
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What is the projected growth rate (CAGR) of the Global Oil-based Printing Ink market from 2024 to 2031, and what is the market value expected to change by 2031?
Global Oil-based Printing Ink Market reached US$ 11.2 billion in 2022 and is expected to reach US$ 16.2 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.
Oil-based printing ink is a type of ink made using oils, such as linseed oil, as a binder for pigment particles. It is commonly used in traditional printing processes, such as offset and letterpress printing. The oil acts as a carrier, allowing the pigment to adhere to the paper and providing smooth, even coverage. Oil-based inks offer vivid colors, durability, and resistance to smudging, making them ideal for high-quality print materials like magazines, brochures, and packaging. However, they typically take longer to dry compared to water-based inks, and their use has been declining due to environmental concerns over solvent emissions.
Key Developments:
❁ In October 2023, a joint report by French and German research institutes highlighted the current state of the circular economy in the printing inks industry. The report emphasized the benefits of phasing out mineral oil-based inks in favor of more eco-friendly alternatives, offering significant advantages for the global industry.
❁ In August 2023, Flint Group, a leading manufacturer of printing inks, announced the removal of mineral oil from its portfolio of sheetfed process inks, shifting towards more sustainable formulations.
❁ Also in October 2023, Actega, a Brazilian developer of printing inks, revealed the consolidation of its operations at a single facility in Araçariguama, Brazil.
List of the Key Players in the Oil-based Printing Ink Market:
Dow, Sicpa Holding SA, Epple Druckfarben AG, Sakata Inx Corporation, Dainichiseika Color & Chemicals Mfg.Co., Ltd., Van Son Ink Corporation, Sun Chemical Corporation, Zeller+Gmelin, Fujifilm Sericol India and Tokyo Printing Ink Mfg. Co., Ltd.
Research Process:
Both primary and secondary data sources have been used in the global Oil-based Printing Ink 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.
Segment Covered in the Oil-based Printing Ink Market:
By Type: Vegetable Oil-based Printing Inks, Mineral Oil-based Printing Inks
By Printing Technique: Lithography, Photolithography, Offset Printing
By Application: Corrugated Cardboards, Flexible Packaging, Tags & Labels, Folding Cartons, Others
By End-User: Packaging, Print Media, Commercial Printing, Others
Regional Breakout:
The global Oil-based Printing Ink 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 Oil-based Printing Ink 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 Oil-based Printing Ink 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 Oil-based Printing Ink 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 Oil-based Printing Ink 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
1) What is the expected growth rate of the global market for the forecast period?
2) What are the key driving factors that are responsible to shape the fate of the Oil-based Printing Ink market during the forecast period?
3) What will be the overall size of the market during the analysis period?
4) What are the prominent market trends which influence the development of the Oil-based Printing Ink market across various regions?
5) Who are the key market players and the market strategies that have helped them to secure the leading position in the global market?
6) What are the challenges and threats that are likely to act as a barrier to the growth of the Oil-based Printing Ink market?
7) What are the major opportunities that the companies can get to attain success in the world?
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