Printing inks are liquids that
contain pigments or dyes that are used to produce images, text and designs with
a printing machine. They are widely used in letterpress and lithographic
printing. These includes printing Inks, inkjet Inks, inkjet cartridges.
The printing inks market is
segmented into Oil-Based Printing Inks, Solvent Based Printing Inks, and
Water-Based Printing Inks.
Oil-Based Printing Inks
consist of a pigment or pigments of the required color based in oil. For
example, black inks made from carbon blacks and thick linseed oil.
Solvent Based Inks are
pigment inks which are solvent based and have carriers such as volatile organic
compounds (VOCs) and are waterproof and UV safe.
Water-Based Inks are
referred to as aqueous inks are dye and pigment inks, also known as dye and UV,
are based in water, are not waterproof and fade in UV light.
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The global printing
inks market size showed a decline till 2014, and a slow growth there
onwards with a CAGR of just over 0.5%. The year 2017 recorded highest ever
market value in this industry as per TBRC’s inhouse consultants. The global
printing inks market was valued at around $21 billion in 2017.
TBRC’s latest
report show the historic and future trends in the market for each year with
sourced reasons to support the growth claims.
The report also
shows the printing inks market to grow at a
higher CAGR by 2021 as compared to 2017.
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report at
Technology is expected to be a continued driver of market
growth during this period. Sectors such as this one will benefit from the
greater efficiencies offered by these technologies. The
technologically-advanced UV Flexo inks allow printers to improve print quality,
productivity and provide a safer environment in the pressroom.
TBRC’s latest report will cover in
depth understanding and calculated impacts of each market factor on a global as
well as regional level, to analyze the best investment strategy for this
market.
Top companies in the printing ink industry included in the
report are DIC Corporation, Flint Group, Sakata Inx,
Siegwerk Druckfarben AG & Co and Altana AG. DIC Corporation was the largest
company in the printing inks market in 2017.
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