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Key Solvent-Based Inks Market Trend for 2025-2034: Transforming The Solvent-Based Inks Market With Low Odor Series Enhances Performance And Compatibility For Printing
Key Solvent-Based Inks
The solvent-based inks market has grown strongly in recent years. It will grow from $8.9 billion in 2024 to $9.41 billion in 2025, at a CAGR of 5.7%. This growth is due to the expansion of the digital printing industry, growth in the lamination industry, rising transportation sector demand, and increased investments in solvent-based ink usage.
The solvent-based inks market is projected to grow strongly, reaching $11.57 billion by 2029, at a CAGR of 5.3%. The growth is driven by the increased use of packaged materials in food and consumer goods, the popularity of bio-based solvents, growth in advertising, outdoor advertising, and packaging. Key trends include a shift toward high-quality, customizable prints with durable coatings, ongoing R&D, integrated solutions, and rapid developments in ink technology.
What Is Stimulating Growth in the Solvent-Based Inks Market?
The increase in printed advertising expenditures is expected to bolster the solvent-based inks market. Print advertising spending includes costs associated with ads in newspapers, magazines, and business publications. The rise in print advertising is driven by its ability to target specific demographics and niche audiences precisely. It also strengthens brand awareness and recognition by continuously exposing consumers to a brand's messaging. Solvent-based inks ensure print advertisements retain their visual appeal and readability over time due to their resistance to fading and deterioration. Additionally, these inks are compatible with high-speed printing equipment, enabling efficient and cost-effective mass production of printed materials. For example, in June 2024, Thinkbox, a UK-based marketing body, reported that print advertising generated $7.95 (£6.36) in profit for every pound spent, outperforming linear TV and audio in 2023. Despite comprising only 3.3% of total advertising spending, print accounted for 4.8% of overall profit. Consequently, increased spending on print advertising is driving the solvent-based inks market.
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Which Key Market Leaders Are Driving Solvent-Based Inks Industry Growth?
Major companies operating in the solvent-based inks market are BASF SE, Honeywell International Inc., Mitsubishi Chemical Holdings Corp., 3M Company, Henkel AG & Co. KGaA, Covestro AG, DuPont de Nemours Inc., Arkema SA, Avery Dennison Corporation, Sun Chemical Corporation, Huntsman Corporation, Clariant AG, H.B. Fuller, Altana AG, Flint Group, Ashland Inc., Sakata INX Corporation, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co. Ltd., Dainichiseika Color and Chemicals Mfg. Co. Ltd., Huber Group Holding SE, SICPA Holding SA, Zeller+Gmelin GmbH & Co. KG, Tokyo Printing Ink Mfg. Co. Ltd., Wikoff Color Corporation, Lawter Inc., Heubach GmbH, FUJIFILM Europe GmbH, Eptanova S.R.L.
What Are the Emerging Trends in the Solvent-Based Inks Industry?
Leading firms in the solvent-based inks market are developing advanced formulations, such as low-odor solvent inkjet inks, to facilitate ink replacement while maintaining consistent color quality and performance. Low-odor solvent inkjet inks are specialized formulations with reduced volatile organic compounds (VOCs), offering vibrant colors with minimal odor. For instance, in October 2022, Nazdar Ink Technologies, a US-based manufacturer, introduced the Nazdar 2131 Series Solvent Inkjet Inks. These inks deliver high-quality prints for Mutoh ValueJet digital printers and feature a low-odor formulation suitable for various environments. They serve as a direct replacement for Mutoh Eco-Ultra or MS31 ink sets without requiring flushing or custom profiles, minimizing downtime during transitions. The inks offer excellent outdoor durability, resisting UV exposure, fading, and chemical damage.
What Are the Main Segments in the Solvent-Based Inks Market?
The solvent-based inks market covered in this report is segmented -
1) By Product Type: Vinyl Inks, Vinyl-Acrylic Inks, Epoxy Inks, Polyurethane Inks, Cellulose Inks
2) By Printing Technology: Lithographic, Gravure, Flexographic, Screen-Printing, Letterpress, Digital
3) By Application: Label And Packaging, Commercial Printing, Publication, Other Applications
Subsegments:
1) By Vinyl Inks: Rigid Vinyl Inks, Flexible Vinyl Inks, Vinyl-Acrylic Inks
2) By Vinyl-Acrylic Inks: Solvent-Based Vinyl-Acrylic Inks, Water-Based Vinyl-Acrylic Inks
3) By Epoxy Inks: Solvent-Based Epoxy Inks, Water-Based Epoxy Inks
4) By Polyurethane Inks: Solvent-Based Polyurethane Inks, Water-Based Polyurethane Inks
5) By Cellulose Inks: Solvent-Based Cellulose Inks, Water-Based Cellulose Inks
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Which Geographic Area Leads the Solvent-Based Inks Market?
Asia-Pacific was the largest region in the solvent-based inks market in 2024. It is expected to be the fastest growing region in the market. The regions covered in the solvent-based inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Solvent-Based Inks Global Market Report?
- Market Size Analysis: Analyze the Solvent-Based Inks Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Solvent-Based Inks 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 Solvent-Based Inks Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Solvent-Based Inks Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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