Global Water-Based Printing Inks Market Size, Drivers, Trends, Opportunities And Strategies – Includes Water-Based Printing Inks Market Demand
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
3D technology are expected to drive innovation in water-based printing inks manufacturing, thus driving the market during the forecast period.
The global water-based printing inks market is expected to grow from $9.12 billion in 2022 to $9.37 billion in 2023 at a compound annual growth rate (CAGR) of 2.8%. The global water-based printing inks market size is expected to grow from $10.57 billion in 2027 at a CAGR of 3.1%.
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- By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks
- By Type: Flexo Inks, Gravure Inks, Screen Printing Inks
- By Application: Packaging Industry, Textile Industry, Art, Other Applications
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global water-based printing inks market in 2021.
Major Market Players in the water-based printing inks market include Flint Group, Huber Group, Sakata Inx, Siegwerk Druckfarben Ag & Co. Kgaa, Dic Corporation, Toyo Ink Sc Holdings Co. Ltd.
Many companies in the printing ink market are shifting from manufacturing petroleum-based printing inks to manufacturing environmentally friendly printing inks (green printing inks). Unlike petroleum-based printing inks, green printing inks do not contain heavy metals or other dangerous or toxic substances, so they do not cause excessive pollution in landfills. Green printing inks are based on sustainable materials such as soy and other plant-based origins, which are more sustainable than petroleum. Examples of green printing inks include water-based and oil-based printing inks. The use of green printing inks results in a reduction of volatile organic compounds (VOCs) released during the printing process. Major players in the printing ink market such as DIC Corporation, Flint Group, Sakata Inx, and others are providing green printing inks as part of their offerings.
The Water-Based Printing Inks Global Market Report 2023 provides a water-based printing inks market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The water-based printing inks market forecast analyzes water-based printing inks market size, water-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.
Water-based printing inks are referred to as aqueous inks and are available as dye and pigment inks. They are not waterproof and fade in UV light. The use of water-based printing inks has been limited due to compatibility with substrate materials, but they are successfully used for printing on fabric, paper, and some plastics.
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