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Segmentation, Major Trends, and Competitive Overview of the Solvent-Based Printing Inks Market
Solvent-Based Printing Inks Market
Projected Market Size and Growth of the Solvent-Based Printing Inks Market
The global solvent-based printing inks market is anticipated to reach a value of $15.04 billion by 2030, growing at a compound annual growth rate (CAGR) of 4.6%. This steady growth is driven by increasing needs in packaging printing and specialty graphics, alongside the expansion of commercial printing activities. Advances in ink formulas and the requirement for durable prints further support this uptrend. Key trends expected during the forecast period include sustained use in outdoor advertising, a rising preference for high-durability outputs, growth in packaging-related applications, demand for fast-drying ink technologies, and broader adoption in flexible substrate printing.
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Leading Players Driving the Solvent-Based Printing Inks Industry
Several prominent companies dominate the solvent-based printing inks market, including DIC Corporation, Toyo Ink SC Holdings Co. Ltd., Sakata INX Corporation, Siegwerk Druckfarben AG & Co. KGaA, Ube*r Group, and T&K Toka Co. Ltd. Other notable players include Tokyo Printing Ink Mfg. Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co. Ltd., Wikoff Color Corporation, Royal Dutch Printing Ink Factories Van Son, Doneck Euroflex S.A., Cinkarna Celje d.d., Yansefu Inks and Coatings Pvt. Ltd., Mirage Inks Co. Ltd., Golden Dyechem, ALTANA AG, Zeller+Gmelin GmbH & Co. KG, Epple Druckfarben AG, SICPA Holding SA, and Flint Group Holdings Limited.
Important Acquisition Enhancing Market Position
In March 2025, Sudarshan Chemical Industries Ltd., an India-based pigment manufacturer, acquired the Heubach Group, a Germany-based specialty pigment and colorant producer, for an undisclosed sum. This acquisition aims to strengthen Sudarshan's global presence and diversify its pigment portfolio by leveraging Heubach's advanced technology and international manufacturing capabilities. Heubach Group is known for supplying high-quality pigments and color solutions across coatings, plastics, inks, and other industrial sectors.
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Innovative Trends Shaping the Future of Solvent-Based Printing Inks
Key market players are focusing on developing cutting-edge products such as thermal inkjet inks to improve printing accuracy, speed, and substrate compatibility. Thermal inkjet inks utilize heat to produce tiny droplets, offering high-resolution and efficient printing on a variety of surfaces. For example, in May 2024, Marabu Ink, a German company specializing in printing inks and liquid coatings, introduced new products like UltraJet DUV-CP for digital container printing and BPA-free UltraGlass LEDGF inks for glass decoration. These innovations not only boost print quality and processing speed but also support sustainability goals by eliminating harmful substances like BPA, ensuring compliance with global safety regulations.
Segment Breakdown of the Solvent-Based Printing Inks Market
This market is segmented based on type, printing technology, and application areas:
1) By Type: Cellulose Inks, Vinyl Inks, Vinyl-Acrylic Inks, Polyurethane Inks
2) By Printing Technology: Gravure, Flexographic, Screen-Printing, Other Printing Technologies
3) By Application: Packaging, Labels, Commercial and Promotional Printing, Signage and Display Graphics, Industrial and Decorative Printing
Further subcategories include:
- Cellulose Inks: Nitrocellulose Inks, Ethyl Cellulose Inks
- Vinyl Inks: Flexible Vinyl Inks, Rigid Vinyl Inks
- Vinyl-Acrylic Inks: Water-Resistant Vinyl-Acrylic Inks, High-Gloss Vinyl-Acrylic Inks
- Polyurethane Inks: Flexible Polyurethane Inks, Rigid Polyurethane Inks
These segments provide detailed insights into the diverse applications and technological options within the solvent-based printing inks market, highlighting areas of specialization and growth potential.
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