Solvent-Based Inks Market Analysis: $11.09 Billion by 2029 With a CAGR of 4.5%

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Solvent-Based Inks Market Value Projection: How Much Will the Market Size by 2025?
In the last few years, there has been a consistent expansion in the solvent-based inks market size. The market, which was worth $8.9 billion in 2024, is projected to escalate to $9.28 billion in 2025 at a compound annual growth rate (CAGR) of 4.2%. This development during the historical period is primarily due to the surge in the digital printing sector, lamination industry growth, expansion of the transportation industry, and an increase in the investment regarding the usage of solvent-based inks.

What Will Be the Market Growth Forecat for Solvent-Based Inks in 2029?
Expectations suggest a consistent expansion in the solvent-based inks market over the next few years, encompassing a significant increase to $11.09 billion by 2029 with a compound annual growth rate (CAGR) of 4.5%. Factors aiding this ascension during the forecast period include the enhanced usage of packaged material in food and consumer packaging applications, a burgeoning appreciation for bio-based solvents, a hike in targeted ad personalization, opportunities presented by outdoor advertising, packaging offerings, and a mushrooming demand for printed materials. Notable developments predicted for the forecast period focus on the necessity for superior print quality, a shift towards high-quality prints, customizable selections, robust coatings, concerted efforts on continuous research and development, integrated resolutions, and swift advancements in ink.

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What Are the Core Competitive Drivers in the Solvent-Based Inks Industry?
The anticipated uptick in printed advertising expenses is believed to bolster the expansion of the solvent-based inks market. Money spent on print advertising covers the cost of promoting products in nationwide and local newspapers, magazines, and business-specific periodicals. An increased investment in print advertising is being witnessed as it provides marketers the ability to accurately target specific demographics and niche markets. Moreover, it aids in establishing brand visibility and recall by continuously immersing consumers in a brand's communications over a period of time. Solvent-based inks are known for their high resistance to fading and deterioration, ensuring the long-term visual attractiveness and readability of print ads. They are also suitable for use with high-speed printing machinery, thus enabling marketers to mass-produce printed materials in a cost-efficient and time-saving manner. For instance, Thinkbox, a British marketing organization, reported that in June 2024, print advertising made a $7.95 (£6.36) profit for every pound invested, outperforming linear TV and audio in the preceding year. Even though print makes up only 3.3% of total advertising expenditure, it brings in 4.8% of total profits. Thus, the rising expenditure on printed advertising is fueling the advancement of the solvent-based inks market.

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Which Solvent-Based Inks Market Segment Is Projected to See the Fastest Growth?
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

Which Trends Are Opening New Opportunities in the Solvent-Based Inks Market?
Leading businesses in the solvent-based inks market are introducing innovative ink solutions such as low-odor solvent inkjet inks, which improve ink swapping, maintain consistent color output and print quality. These low-odor solvent inkjet inks are unique, utilizing solvent-based mixtures that have fewer volatile organic compounds (VOCs), leading to a minimized smell during usage while preserving striking colors and durability on different materials. For example, Nazdar Ink Technologies, an American manufacturing company, introduced Nazdar 2131 Series Solvent Inkjet Inks in October 2022. These inks are designed to provide superb printing performance on Mutoh ValueJet digital printers. The inks' low-odor composition makes them suitable for various settings and can smoothly serve as direct substitutes for Mutoh Eco-Ultra or MS31 ink sets, doing away with the requirement for flushing or custom profiles, thereby reducing pauses during shifts. Additionally, these inks are resistant to color fading and chemical harm from UV exposure and environmental contaminants, ensuring impressive outdoor durability.

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Who Are the Leaders in the Solvent-Based Inks Market?
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.

Which Regional Solvent-Based Inks Markets Offer the Greatest Growth Potential?
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.

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