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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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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