Prominent Solvent-Based Inks Market Trend for 2025: Advancements In Chip-Scale LEDs Transform Solid-State Lighting Landscape

What industry-specific factors are fueling the growth of the solvent-based inks market?
The rise in expenditure on printed advertising is anticipated to fuel the expansion of the solvent-based inks industry. This spending encompasses the expenses incurred while advertising in national and local dailies, magazines, and business publications. The popularity of print advertising is on an upward trajectory as it affords advertisers the ability to narrowly target specific demographics and niche audience groups. Not only does it establish and strengthen brand identity and recall by repetitively subjecting its audience to brand-specific communication, but it also ensures longevity of visibility and legibility of printed advertisements due to the high resistance of solvent-based inks to wear and tear. Additionally, these inks are compatible with high-velocity printing apparatus, enabling the large-scale and economically efficient production of printed materials. For instance, statistics from Thinkbox, a marketing entity based in the UK, revealed that in June 2024, every pound invested in print advertising reaped a profit of $7.95 (£6.36), outperforming linear TV and audio in 2023. Even though print contributes a mere 3.3% of total advertising expenditure, it generates 4.8% of total profits. Consequently, the surge in printed advertising spending signifies good news for the solvent-based inks industry's growth.

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What Is the projected market size and growth rate for the solvent-based inks market?
The market size of solvent-based inks has experienced robust growth in the past few years. The market is projected to expand from $8.9 billion in 2024 to $9.41 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 5.7%. Factors contributing to this period's growth include the expansion of the digital printing industry, the lamination industry, the transportation industry, as well as an increase in investment towards the use of solvent-based inks.

The market for solvent-based inks is projected to witness substantial growth in the coming years, escalating to $11.57 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 5.3%. The estimated expansion during this period is due to several factors, including the increased use of packaged materials in food and consumer packaging platforms, the growing popularity of bio-based solvents, the rise in personalized ad spending, outdoor advertising and packaging promotions, and an increasing demand for printed items. Predicted trends throughout the forecasted years include the requirement for premium quality prints, a shift towards impeccable printing solutions, customized features, long-lasting coatings, emphasis on ongoing research & development, all-in-one solutions, and swift advancements in ink technology.

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What new trends are reshaping the solvent-based inks market and its opportunities?
Prominent enterprises in the solvent-based inks industry are developing unique concoctions, such as mild smell solvent inkjet inks, to alter inks effortlessly while guaranteeing steady color performance and print quality. The mild smell solvent inkjet inks are distinct printing inks that utilize solvent-based mixes with a reduced number of volatile organic compounds (VOCs), causing a minimal smell during application but ensuring bright colors and toughness for various substrates. For example, in October 2022, Nazdar Ink Technologies, a company based in the United States, introduced the Nazdar 2131 Series Solvent Inkjet Inks, designed to give superior printing performance for Mutoh ValueJet digital printers. These inks employ a mild smell formula, making them suitable for numerous settings. They can be easily integrated as a direct substitute for Mutoh Eco-Ultra or MS31 ink groups, eliminating the need for flushing or custom profiles and thus reducing halt-time during adaptations. Moreover, these inks exhibit exceptional resistance to outdoor elements, preventing color loss and chemical impairment due to UV exposure and environmental pollutants.

What major market segments define the scope and growth of 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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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.

Which key market leaders are driving the 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.

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What Is Covered In The Solvent-Based Inks Global Market Report?

•Market Size Forecast: Examine the solvent-based inks market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the solvent-based inks market for a structured understanding.
•Key Players Overview: Analyze major players in the solvent-based inks market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the solvent-based inks market.
•Segment Contributions: Evaluate how different segments drive overall growth in the solvent-based inks market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the solvent-based inks market.
•Industry Challenges: Identify potential risks and obstacles affecting the solvent-based inks market.
•Competitive Landscape: Review strategic developments in the solvent-based inks market, including expansions, agreements, and new product launches.

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