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The demand for environmentally friendly inks are expected to drive innovation in oil-based printing inks manufacturing, thus driving the market during the forecast period.

The global oil-based printing inks market is expected to grow from $11.25 billion in 2022 to $11.47 billion in 2023 at a compound annual growth rate (CAGR) of 1.9%. The global oil-based printing inks market size is expected to grow from $12.55 billion in 2027 at a CAGR of 2.3%.

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Global Oil-Based Printing Inks Market Segments Include:

• By Type: Vegetable Oil-Based Printing Inks, Mineral Oil-Based Printing Inks
• By Application: Marking and Coding, Package Printing, Signage
• By End User Industry: Packaging, Print Media, Commercial Printing, Other End-Use Industries
• 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 is the largest region in the global oil-based printing inks market in 2021.

Major Market Players in the oil-based printing inks market include Nazdar Ink Technologies, Van Son Holland Ink Corp., Superior Printing Inks, Flint Group, Hubergroup, Sun Chemical.

The printing ink industry has introduced high-resolution replacement inks as a cost-effective alternative for barcode case coding applications. High-resolution inks are more effective than traditional inks as they allow fine and solid printing at high speeds. They also enable re-printability and drastically reduce the number of cleaning stencils required. For instance, IIMAK introduced Sure Scan II Plus, a high-resolution replacement compatible inkjet ink that reduces printing costs, downtime, and waste. This is a replacement option that works in a wide range of high-resolution inkjet printers, including FoxJet, Matthews, and Diagraph. Top companies in the market are developing high-definition inks with premium durability, a fast dry time, and a 12-month shelf life.

The Oil-Based Printing Inks Global Market Report 2023 provides a oil-based printing inks market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The oil-based printing inks market forecast analyzes oil-based printing inks market size, oil-based printing inks market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Oil-based inks consist of a pigment or pigments of the required color mixed with oil. For example, black inks are made from carbon black and thick linseed oil. Oil-based inks are waterproof and permanent.

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