Press release
United States Oil-Based Printing Ink Market to hit US$ 16.2 billion by 2031 |Top companies - Dow, Sicpa Holding SA, Epple Druckfarben AG, Sakata Inx Corporation
The global oil-based printing ink market reached US$ 11.2 billion in 2022 and is expected to reach US$ 16.2 billion by 2031, growing at a CAGR of 4.2% from 2024 to 2031, according to DataM Intelligence.United States: Recent Industry Developments
October 2025
✅ Sun Chemical launched a new line of low-migration mineral oil-based inks for food packaging, complying with FDA and EU regulations.This innovation enhances safety in flexible packaging while maintaining high print quality and adhesion.It strengthens Sun Chemical's leadership in sustainable yet cost-effective oil-based solutions for North American FMCG brands.
September 2025
✅ Flint Group expanded its U.S. manufacturing capacity for vegetable oil-based sheetfed inks to meet rising demand from eco-conscious commercial printers.The investment supports faster lead times and localized supply chains amid global raw material volatility.This move positions Flint Group as a key player in the transition toward greener oil-based formulations.
August 2025
✅ Huber Group introduced a high-speed drying mineral oil-based ink series optimized for corrugated board printing in high-volume e-commerce packaging.The formulation reduces curing time by 25%, boosting productivity for U.S. logistics and retail giants.It reflects ongoing innovation to counter digital media's impact on traditional print demand.
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Japan: Recent Industry Developments
October 2025
✅ Sakata Inx Corporation unveiled a bio-based oil ink with 40% renewable content, targeting Japan's stringent food contact material standards.Collaborations with local converters accelerated adoption in premium flexible packaging for export markets. The launch underscores Japan's push for circular economy principles in printing inks.
September 2025
✅ Toyo Ink Group received PMDA approval for a low-VOC mineral oil-based ink for pharmaceutical blister packaging.The product offers superior scuff resistance and regulatory compliance, expanding applications in Japan's aging population-driven healthcare sector.
This approval bolsters Toyo Ink's dominance in high-value specialty printing segments.
August 2025
✅ DIC Corporation partnered with a Japanese e-commerce platform to develop customized oil-based inks for on-demand corrugated shipping boxes.The initiative integrates QR code printing with durable, moisture-resistant formulations.It highlights the synergy between digital retail growth and traditional ink technologies in Japan.
Asia-Pacific: Recent Industry Developments
October 2025
✅ Siegwerk opened a new R&D center in India focused on vegetable oil-based inks for sustainable flexible packaging.The facility aims to reduce mineral oil dependency by 30% in regional formulations over the next three years.This expansion supports Asia-Pacific's leadership in cost-effective, high-growth packaging applications.
September 2025
✅ Huber Group launched a UV-curable oil-based hybrid ink system in China, combining fast drying with low energy consumption.The technology targets high-speed offset printing for folding cartons in FMCG and e-commerce.It addresses rising energy costs and environmental regulations across the region.
August 2025
✅ Toyo Ink SC Holdings entered a joint venture with a Vietnamese converter to produce mineral oil-based inks locally, reducing import reliance.The partnership enhances supply chain resilience for Southeast Asia's booming corrugated and label markets.This strategic move capitalizes on ASEAN's 6-8% annual packaging growth trajectory.
Market Trends & Drivers
The Global Oil-based Printing Ink Market is driven by surging e-commerce packaging demand, expansion of FMCG branded goods in emerging economies, and steady growth in commercial printing despite digitalization. Key trends include the gradual shift toward vegetable oil-based and low-migration formulations, increasing adoption of high-speed drying technologies, and rising preference for cost-effective mineral oil inks in flexible and corrugated applications. Volatility in crude oil prices, regulatory pressures on VOC emissions, and competition from water-based alternatives remain challenges, while innovations in bio-based resins and recycling-compatible inks open new opportunities.
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Competitive Landscape
The market features intense rivalry among global ink giants, regional specialists, and innovative formulation leaders.
1. Dow strengthens its raw material supply chain for high-performance resins used in oil-based inks, enabling partners to achieve superior adhesion and gloss in packaging applications.
2. Sicpa Holding SA dominates security printing inks with tamper-evident oil-based formulations, serving currency, brand protection, and high-value label markets worldwide.
3. Epple Druckfarben AG focuses on premium sheetfed oil-based inks for commercial printing, emphasizing color consistency and sustainability in European markets.
4. Sakata Inx Corporation leads in Asia-Pacific with a broad portfolio of mineral and vegetable oil-based inks for flexible packaging and publication gravure.
5. Dainichiseika Color & Chemicals Mfg. Co., Ltd. excels in pigment dispersion technology, supplying vibrant, high-opacity oil-based inks to Japanese and global converters.
6. Van Son Ink Corporation maintains a strong niche in specialty oil-based inks for letterpress and offset, catering to North American artisan and commercial printers.
7. Sun Chemical Corporation (DIC) commands the largest share with end-to-end solutions from low-migration food-safe inks to digital integration for e-commerce packaging.
8. Zeller+Gmelin specializes in UV and conventional oil-based inks for narrow-web labels, driving innovation in high-speed, low-waste printing systems.
9. Fujifilm Sericol India expands low-VOC oil-based screen inks for textiles and industrial applications, leveraging India's manufacturing growth.
10. Tokyo Printing Ink Mfg. Co., Ltd. reinforces its position in high-durability metal decorating inks, supporting Asia's canned food and beverage packaging boom.
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Segmentation
By Type
The Oil-based Printing Ink Market is segmented into Vegetable Oil-based Printing Inks and Mineral Oil-based Printing Inks. Mineral oil-based inks dominate due to cost advantages and performance, while vegetable oil-based variants gain traction for sustainability.
By Printing Technique
Based on technique, the market includes Lithography, Photolithography, and Offset Printing. Offset printing holds the largest share driven by its versatility in packaging and commercial applications.
By Application
Applications cover Corrugated Cardboards, Flexible Packaging, Tags & Labels, Folding Cartons, and Others. Flexible packaging leads due to e-commerce and FMCG growth.
By End-User
End-users include Packaging, Print Media, Commercial Printing, and Others. Packaging remains the primary driver, fueled by branded goods and logistics expansion.
Regional Analysis
The Oil-based Printing Ink Market is segmented into North America, South America, Europe, Asia Pacific, the Middle East, and Africa. Asia Pacific dominates with the largest and fastest-growing share, propelled by e-commerce, urbanization, and FMCG packaging demand in China, India, and Southeast Asia.
North America and Europe maintain steady growth through premium commercial printing and regulatory-compliant food packaging.
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✅ Competitive Landscape
✅ Patent Expiry & Bio-based Shift Analysis
✅ E-commerce Packaging Adoption Trends
✅ Raw Material Price Volatility Insights
✅ Sustainability & Circular Economy Benchmarks
✅ Supply Chain Resilience Strategies
✅ Live Pricing & Margin Trends
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