The Global Printing Inks Market Report by The Business Research Company covers printing inks market drivers and restraints, printing inks market size, major players, and the impact of COVID-19 on the printing inks market.
The printing inks market consists of sales of printing inks by entities (organizations, sole traders or partnerships) that manufacture printing and inkjet inks. Printing inks are liquids that contain pigments or dyes, which are used to produce images, text and designs. They are widely used in letterpress and lithographic printing. Printing inks consist of a pigment or pigments of the required color mixed with oil or varnish. For example, a black ink made from carbon blacks is mixed with thick linseed oil or a similar oil, often with rosin oil to which rosin varnish is added. Inkjet inks consist of a base carrier such as water, oil or a solvent, and colorants such as dyes or pigments and small amounts of chemical additives to provide some unique characteristics. There are two types of inkjet inks – dye-based inks and pigment-based inks. The printing inks market is segmented into oil-based printing inks, solvent-based printing inks and water-based printing inks.
3D technology will be a driver of the printing inks market during the forecast period. With a rise in worldwide interest in 3D printing technology from consumers, researchers, and industrial production, there is expected to be a high demand for 3D printing inks. Unlike 2D inks which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices.
The global printing inks market is expected to grow from $35.58 billion in 2020 to $37.01 billion in 2021 at a compound annual growth rate (CAGR) of 4%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $42.21 billion in 2025 at a CAGR of 3%.
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Some printing inks market trends include witness of consolidation among competitors with a significant number of mergers and acquisitions. Top companies in the printing inks market are strategically acquiring and merging with start-ups and mid-sized companies to broaden their products and services range or to enter emerging regions.
Global printing inks market segments include:
1) By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks.
2) By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks.
3) By End-Use Industries: Packaging, Print Media, Commercial Printing, Others.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest global printing inks market share.
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The Printing Inks Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides printing inks market overviews, analyzes and forecasts market size, share, printing inks market players, printing inks market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The printing inks market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Printing Inks Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: DIC Corporation, Flint Group, Toyo Ink S.C. Holdings, Sakata Inx, Siegwerk Druckfarben.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The printing inks Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The printing inks Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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