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Major Growth Driver Identified in 2025 Oil-Based Printing Inks Market: Increasing Demand For Environmentally Friendly Inks Fuels Growth In The Oil-Based Printing Ink Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Oil-Based Printing Inks Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of oil-based printing inks has observed a progressive increment over the past years. The projection estimates it to escalate from $12.75 billion in 2024, peaking at $13.34 billion in 2025, all at a compound annual growth rate (CAGR) of 4.6%. This expansion in the previous period is primarily credited to the advancement in the printing industry, the ink's superior quality and longevity, its versatility, and intensity of color.
Oil-Based Printing Inks Market Size Forecast: What's the Projected Valuation by 2029?
It is anticipated that the market size of oil-based printing inks will experience consistent growth in the coming years, reaching a value of $15.59 billion in 2029 with a 4.0% compound annual growth rate (CAGR). The expected growth in the said period can be linked to factors such as environmental sustainability concerns, the incorporation of digital printing, the expansion of flexible packaging, and specialized applications. Leading trends predicted for this period include the use of water-based oil inks and UV-curable oil inks, personalization, variable data printing, as well as an emphasis on recyclability and the circular economy.
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What Are the Drivers Transforming the Oil-Based Printing Inks Market?
The interest in eco-friendly inks is on the rise, projecting a positive impact on the oil-based printing ink market in the forthcoming years. An explosion and fire in Jiangsu Province, China led to the prohibition of several crucial chemicals, inclusive of those utilized in paints, coatings, and printing inks. This accident has heightened the need for oil-based printing inks, as they can substitute petroleum and chemical-based inks. These inks involve the use of vegetable oils such as soybean, sunflower, cottonseed, safflower, and canola. For example, in April 2024, data from the U.S. Energy Information Administration, part of the U.S. Department of Energy, illustrated that the United States had exported an average of 6.1 million barrels per day (b/d) of petroleum products in 2023, denoting a 2.5% increment from 2022. These circumstances are expected to push the environmentally friendly ink demand, thus spurring the growth of the oil-based printing ink market.
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What Long-Term Trends Will Define the Future of the Oil-Based Printing Inks Market?
High-resolution substitute inks, a more affordable option for barcode case coding applications, have been launched in the printing ink industry. They are superior to conventional inks due to their ability to facilitate detailed and robust printing at high velocities. Plus, they offer re-printing capabilities while significantly bringing down the need for stencil cleaning. For example, IIMAK unveiled Sure Scan II Plus, an inkjet ink replacement of high-resolution that curtails printing expenses, idleness, and wastage. It is a usable substitute for a broad variety of high-resolution inkjet printers, including but not limited to FoxJet, Matthews, and Diagraph. Leading players in the market are producing high-definition inks featuring superb durability, quick drying time, and a shelf life of 12 months.
Which Segments in the Oil-Based Printing Inks Market Offer the Most Profit Potential?
The oil-based printing inks market covered in this report is segmented -
1) By Type: Vegetable Oil-Based Printing Inks, Mineral Oil-Based Printing Inks
2) By Application: Marking and Coding, Package Printing, Signage
3) By End User Industry: Packaging, Print Media, Commercial Printing, Other End-Use Industries
Subsegments:
1) By Vegetable Oil-Based Printing Inks: Soy-Based Inks, Linseed Oil-Based Inks, Other Vegetable Oil-Based Inks
2) By Mineral Oil-Based Printing Inks: Petroleum-Based Inks, Paraffin Oil-Based Inks, Other Mineral Oil-Based Inks
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Which Firms Dominate the Oil-Based Printing Inks Market by Market Share and Revenue in 2025?
Major companies operating in the oil-based printing inks market include Nazdar Ink Technologies, Van Son Holland Ink Corp., Superior Printing Ink Co. Inc., Flint Group, Hubergroup, Sun Chemical Corporation, Wikoff Color Corporation, Siegwerk Druckfarben AG & Co., Sakata Inx Corporation, Toyo Ink SC Holdings Co. Ltd, Dic Corporation, Dupont De Nemours Inc., Encres Dubuit SA, Dainichiseika Color and Chemicals Mfg. Co. Ltd., DEERS i Co. Ltd., Dow Chemical Company, T&K Toka Co. Ltd., Altana AG, Fujifilm Sericol India Pvt. Ltd., Marabu GmbH & Co. KG, Zeller+Gmelin GmbH & Co. KG, Epple Druckfarben AG, Sicpa Holding SA, Tokyo Printing Ink Mfg. Co. Ltd., Tintas Arzubialde S.L., Sanchez SA de CV, Magna Colours Ltd., Kao Collins Inc., InkJet Inc., Cranfield Traditional Relief Inks, Gamblin Etching Inks
Which Regions Offer the Highest Growth Potential in the Oil-Based Printing Inks Market?
Western Europe was the largest region in the oil-based printing inks market in 2023. Asia-Pacific was the second-largest region in the global oil-based printing inks market. The regions covered in the oil-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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