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Rapid Growth Predicted for Ink Resin Market: Expected to Reach $8.01 Billion by 2029 with a CAGR of 12.2%
Ink Resin Market
What Is The Projected Market Size Of The Global Ink Resin Market And Its Growth Rate?
The ink resin market has seen significant growth in the recent years with key figures as follows:
• The market grew from $4.56 billion in 2024 to $5.05 billion in 2025 at a CAGR of 10.8%.
• Rapid growth is expected in the coming years with the market showing a projected growth to $8.01 billion in 2029 at a CAGR of 12.2%.
What Is Driving The Growth In The Ink Resin Market?
The spur in the growth of the ink resins market is primarily driven by an increase in consumer spending and online shopping. Online shopping facilitates customers to place direct product orders via a web browser and necessitates high-quality packaging to ensure product safety. Flexible packaging inks improve the aesthetic appeal and functional efficiency, maintaining the quality of the images through the product's lifecycle. For instance, a Belgium-based European Commission survey revealed that 92% of the individuals aged 16-74 used the internet in the last year, with 70% purchasing goods or services marking a 2% rise from 2022. Besides, around 75% of EU internet users bought items online in 2023, proving the steady growth of e-commerce. Furthermore, in 2022, the number of digital buyers in the United States was expected to touch 266.7 million. Therefore, the increase in consumer spending and online shopping is driving the growth of the ink resins market.
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Who Are the Key Players Driving Ink Resin Market Growth?
Major companies operating in the ink resin market include:
• Lawter Inc.
• Evonik Industries AG
• Kraton Corporation
• Arakawa Chemical Industries Ltd.
• Arizona Chemical
• DIC Corporation
• Flint Group
• Kimix Chemical Co. Ltd.
• Royal Dutch Shell
• Sun Chemical
• Hubergroup
• PolyOne Corporation
• Siegwerk Druckfarben AG & Co. KGaA
• ALTANA AG
• Nippon Carbide Industries
• Zeller+Gmelin Corporation
• Hydrite Chemical Co.
• Rahn AG
• SICPA Holding SA
• Fuzion Technologies Inc.
• Rütgers Organics GmbH
• Eternal Materials Co. Ltd.
• IMERYS S.A.
• Technovinyl Polymers India Ltd.
What Are The Key Trends In The Ink Resin Market?
Major trends in the forecast period include:
• Water-based ink resins
• UV-curable inks
• Low-voc formulations
• Hybrid ink technologies
• Bio-based resins
What Are The Segments Of The Global Ink Resin Market?
The global ink resin market is divided into the following segments:
1) By Resin Type: Modified Rosin, Hydrocarbon, Modified Cellulose, Acrylic, Polyamide, Polyurethane, Other Resin Types
2) By Technology: Oil-Based, Solvent-Based, Water-Based, UV-curable-Based
3) By Printing Process: Lithography, Gravure, Flexography, Other Printing Processes
4) By Application: Printing And Publication, Flexible Packaging, Corrugated Cardboard And Cartons, Other Applications
Which Region Leads The Ink Resin Market?
Asia-Pacific was the largest region in the ink resins market in 2024 and is also anticipated to be the fastest-growing region in the forecast period. The report covers several regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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What Is Covered In The Ink Resin Market Global Market Report?
- Market Size Analysis: Analyze the Ink Resin Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Ink Resin Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Ink Resin Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Ink Resin Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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