Ink Resins Market Size to Reach USD 5.58 Billion by 2030

►Ink Resins Market Set to Soar with Projected Trajectory to US $5.58 Bn by 2030 at a CAGR of 5.2%

The ink resins market is evolving rapidly, poised to climb from a 2023 valuation of US $3.91 Bn to an impressive US $5.58 Bn by 2030, driven by a robust compound annual growth rate (CAGR) of 5.2% . Key factors propelling this growth include:

Rising demand for printing ink in packaging, publications, and commercial prints

Ongoing R&D efforts in novel resin technologies

Strategic raw-material sourcing by market players

The ink resin formulation-incorporating modified resin, acrylics, cellulose, polyurethane, hydrocarbon, and others-plays a pivotal role in print performance, impacting features such as gloss, flow, drying speed, and adhesion .

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►Competitive Landscape
Major players defining industry benchmarks include DIC Corporation, Dow Chemical, Evonik Industries, BASF, Royal DSM, allnex, Lawter, and IGM Resins . Their initiatives include intensified R&D, long-term raw materials contracts, and sustainability innovations focused on eco-friendly, UV-curable, and water-based resin technologies .

►Regional Demand Insights
• Asia Pacific: Growth & Opportunity
Asia Pacific is the largest and fastest-growing market, led by China, India, Japan, and South Korea . Booming e-commerce and packaged food sectors-e.g., India's online retail projected at US $3.54 Bn in 2023-are fueling demand. UV and water-based technologies are particularly gaining momentum .

• North America (United States): Trends
North America ranks second, driven by packaging and F&B printing needs. The U.S. market mirrors broad industrial expansion and emphasis on food & beverage packaging .

• Europe: Consolidation & Demand

Europe ranks third, underpinned by stable demand from commercial and industrial print sectors. Western Europe-including Germany, UK, and France-is emphasizing ink appearance and performance improvements .

• Middle East & Africa: Updation
While smaller, MEA is showing steady growth fueled by expanding packaging activity. Digital printing adoption and investments in water-based solutions are underway - though regional data remains less comprehensive .

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►Mergers & Acquisitions by Region
United States - Dow Chemical has consolidated its foam and specialty resin lines, integrating its performance materials through strategic partnerships.

Asia Pacific - BASF fortified its footprint via acquisition of specialty resin plants in China & Japan, aligning with local demand.

Europe - Evonik Industries and DSM finalized a joint venture focused on advanced UV-curable resin portfolios.

Middle East & Africa - Notable M&A include small acquisitions in South Africa and GCC aimed at expanding water-based resin capabilities.

►Key Recent Global Developments
Dow Chemical recently introduced a line of eco-friendly, high-gloss UV-curable resins, targeting the premium packaging market.

DIC Corporation and Evonik entered a tech partnership focused on R&D in low-VOC, water-based resin platforms.

Industry-wide raw-material supply chain agreements (e.g., with gum resin producers) have helped stabilize resin costs amid volatile oil prices .

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► Market Segmentation: In-Depth Analysis:

• by Type

Modified Resins
Hydrocarbon Resins
Modified Cellulose
Acrylic, Polyamide
Polyurethane

• by Printing Process

Lithography
Flexography
Gravure
Digital
Others

• by Printing Ink

Water-based
Solvent-based
UV-cured
Oil-based

Oil-based, UV-cured, solvent-based, and water-based printing inks are all included in this category. Because of its low cost, easy accessibility, and growing customer preferences, the solvent-based subsegment has a sizable market share. Commercial printing, publishing, packaging, and other activities are included in the application segment. Because packaging is the most widely used type of printing ink, the packaging subsegment has a sizable market share. For packaging to display information, such as a logo or design, printing inks are required.

• by Application

Packaging
Publishing
Commercial Printing
Others

For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/ink-resins-market/41407/

► Learn about the top players driving innovation in the Market :

1. Arakawa Chemical Industries
2. BASF
3. Evonik Industries
4. Royal DSM
5. Dow Chemical
6. allnex group
7. CASKYD INDUSTRIAL RESINS AND CHEMICALS
8. Crescent Chemicals
9. D.R.Coats Ink & Resins
10. DIC
11. IGM Resins
12. Indulor Chemie
13. Kane International Corporation
14. Kausik Printing INK
15. MACRO POLYMERS
16. Resinall
17. SETCO CHEMICALS
18. Vil Resins
19. Arizona Chemical
20. Hydrite Chemical
21. DowDuPont Inc.
22. KRATON CORPORATION
23. US-Polymers-Accurez LLC.
24. Harima Chemicals Group, Inc.,
25. Ingevity
26. OMNOVA Solutions Inc.
27. MHM Holding GmbH
28. Gellner Industrial LLC
29. Puyang Shenghong Chemical Co.Ltd.
30. Merida Pigment Industry Co., Ltd.
31. Advanced Micro Polymers Inc.
32. Mitsubishi Chemical Holdings Corporation
33. Eastman Chemical Company
34. Koninklijke DSM N.V.
35. Specialty Polymers, Inc.
36. SAMSUNG POLYMER CO., LTD
37. The Lubrizol Corporation
38. Flint Group

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