Press release
Digital Inks Market Size, Share, Development, Growth Till 2023,Globally
Digital inks are used to print digital-based images directly into a variety of media. The ink enables on-demand printing, short and quicker turnaround time that reduces the overall costs. Additionally, replacement for printing plates is not required in digital printing as compared with other traditional methods such as lithography, flexography, gravure or letterpress.Electrography and inkjet inks are the two types of digital inks. Electrography, also known as xerography, is the oldest form of non-impact printing technology that refers to dry writing or laser printing. These are widely used in photocopy machines and computer laser printers, as they offer high speed (ranging from 4ppm to 1,000ppm) and excellent print quality for text, graphics and images. Demand for inkjets is growing in the global printing ink market as they are less expensive and find applications in computer printouts and labels. It uses a special ink to print on paper and consists of dyes mixed with highly fluid vehicle that forms very small drops having electric charge, which can be deflected properly to fall in the right place to form a printed character or image.
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UV-Cured inks contain reactive monomers, photo initiators, oligomers, pigments and additives. The curable is introduced to an ultraviolet (UV) lamp by creating a rigid film and the reactive monomers in UV crosslink to provide a cured, cross-linked coating with no volatile organic compounds (VOCs). UV-Cured inks provide instant drying on substrates ranging from metals, glass and ceramics for flexible packaging and thin-gauge polymeric films. Additionally, they offer excellent print quality, adhesion, scratch resistance, light fastness and color density.
Oil-based inks are robust, and low maintenance offering flexible imaging onto a variety of porous substrates. Oil-based inks include applications such as marking and coding, package printing and signage. Water-based inks are cost-effective inkjet inks containing dyes, pigments and hybrid colorant technologies. These inks are mainly used for indoor environments and short-term use in UV lighting.
Solvent-based inkjet inks are formulated with pigments for indoor and outdoor graphics owing to its ability to adhere to non-absorbent materials. These inks are fade proof, water proof and scratch resistant.
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Digital inks are expected to witness significant growth during the forecast period (2016-2023) on account of lower costs and increasing demand from end-use applications such as desktop publishing, variable data printing, fine-art, print-on-demand, advertising industry, photo printing and architectural design. Additionally, the growing demand for digital content such as e-books is the key driver for the global digital inks market. Based on type, the ink-jet segment is expected to spur the global digital inks market during the forecast period. By formulation, solvent-based digital inks are expected to showcase positive growth during the forecast period on account of declining market for water-based digital inks. Several factors such as the UV light, scratch and water resistant properties of solvent-based digital inks are propelling the growth of the market.
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