Global Oil-Based Printing Inks Market Worth $16.22 Billion by 2029, Growing at 3.7% CAGR

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Oil-Based Printing Inks Market Outlook: What Size And CAGR Are Anticipated By 2025?
Over the past few years, the market size for oil-based printing inks has experienced a steady increase. It is projected to rise from $13.61 billion in 2024 to $14.01 billion in 2025, reflecting a compound annual growth rate (CAGR) of 3.0%. Factors such as the expansion of the printing industry, enhanced quality and durability, versatility, and color intensity have contributed to the growth during the historic period.

What Is the Expected CAGR for the Oil-Based Printing Inks Market Growth Through 2029?
The market for oil-based printing inks is projected to experience constant growth in the following years, aiming to reach $16.22 billion by 2029, with a compound annual growth rate (CAGR) of 3.7%. This growth for the estimated period is attributed to sustainability, environmental concerns, the incorporation of digital printing, expansion of flexible packaging, and specialty applications. Notable trends for this period consist of water-based oil inks, uv-curable oil inks, personalized and variable data printing, as well as recyclability and the circular economy.

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What Are the Primary Drivers Behind Oil-Based Printing Inks Market Growth?
An uptick in the preference for eco-friendly inks is being noticed and it is purported to boost the oil-based printing ink market within the projected timeline. Some critical chemicals, including those found in paints, coatings, and printing inks, have been subjected to prohibition in supply and use following a blast and subsequent fire in China's Jiangsu Province. This incident has led to a surge in the demand for oil-based printing inks, positioned as replacements for petroleum and chemical-based inks, and are derived from various vegetable oils including soybean, sunflower, cottonseed, safflower, and canola oils. For example, in April 2024, data from the US energy information administration showed that the United States saw an average export of 6.1 million barrels of petroleum products per day in 2023, indicating a 2.5% growth as compared to 2022. Thus, the growing need for eco-friendly inks is anticipated to spur the oil-based printing ink market.

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What Are the Key Segments Driving Oil-Based Printing Inks Market Growth?
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

What Are the Technological Trends Impacting the Oil-Based Printing Inks Market?
A cost-effective replacement for barcode case coding applications has been launched in the printing ink industry through the introduction of high-resolution replacement inks. These high-resolution inks outperform conventional inks by offering clear and stable printing at rapid speeds, in addition to permitting reprinting and significantly cutting down on the need for stencil cleaning. For example, a high-resolution replacement inkjet ink that lessens printing expenses, downtime, and waste-Sure Scan II Plus-has been unveiled by IIMAK. This substitute is compatible with a variety of high-resolution inkjet printers, such as FoxJet, Matthews, and Diagraph. Market-leading firms are in the process of creating high-definition inks that come with the added benefits of superior durability, quick drying time, and a storage life of up to 12 months.

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Who Are the Major Competitors in the Global Oil-Based Printing Inks Market?
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 Region Dominates the Oil-Based Printing Inks Market Share in 2025?
Western Europe was the largest region in the oil-based printing inks market in 2024. 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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