What is the Historic and Current Scenario of the Solvent-Based Printing Inks Market?
The solvent-based printing inks market has seen considerable growth due to a variety of factors.
• Over recent years, there's been a robust growth in the market size for solvent-based printing inks. The market is projected to expand from $10.81 billion in 2024 to $11.43 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 5.7%.
Factors such as high print quality, durability and resistance, substrate versatility, a broad range of applications, cost effectiveness, and regulatory compliance challenges have contributed to this growth during the historic period.
What is the Forecasted Market Size and CAGR for the Solvent-Based Printing Inks Market?
The solvent-based printing inks market is expected to maintain its strong growth trajectory in upcoming years.
• The market for solvent-based printing inks is predicted to experience constant expansion in the coming years, reaching a size of $13.75 billion in 2029 with a compound annual growth rate (CAGR) of 4.7%.
The projected growth during this period can be credited to progress in formulations, enhanced efficiency, innovation in application, adherence to environmental regulations, and a surge in end-user industries. Noteworthy trends anticipated during this period are the incorporation of digital printing, matured technology, adherence to environmental regulations and sustainability, technological progress, and the dynamic nature of end-user industries.
What Are The Core Factors Supporting Growth In Solvent-Based Printing Inks Market?
The solvent-based printing inks market during the forecast period is expected to be significantly propelled by 3D technology. The escalating global interest in 3D printing technology from various entities such as consumers, researchers, and industrial production units will likely stimulate a robust demand for 3D printing inks like solvent-based inks. In contrast to 2D inks, which are designed for planar surfaces, 3D inks are developed for the construction of volumetric entities and devices. For instance, a sort of smart ink that can transform 3D printed structures into items capable of altering their shape and color was pioneered by researchers at Dartmouth College, aiming to augment the functionality of 3D printing even further. In a similar development, scientists from the Georgia Institute of Technology, located in Atlanta, formulated an innovative ink that hardens the 3D printed item when used in conjunction with a new printing method and varying light conditions.
What are the Market Segments in the Solvent-Based Printing Inks Market?
The solvent-based printing inks market covered in this report is segmented –
1) By Type: Cellulose Inks, Epoxy Inks, Vinyl Inks, Vinyl-Acrylic Inks, Polyurethane Inks
2) By Printing Technology: Lithographic, Gravure, Flexographic, Screen-Printing, Letterpress, Digital, Other Printing Technologies
3) By Application: Label And Packaging, Commercial Printing, Publication, Other Applications
Subsegments:
1) By Cellulose Inks: Nitrocellulose Inks, Ethyl Cellulose Inks
2) By Epoxy Inks: Two-Part Epoxy Inks, One-Part Epoxy Inks
3) By Vinyl Inks: Flexible Vinyl Inks, Rigid Vinyl Inks
4) By Vinyl-Acrylic Inks: Water-Resistant Vinyl-Acrylic Inks, High-Gloss Vinyl-Acrylic Inks
5) By Polyurethane Inks: Flexible Polyurethane Inks, Rigid Polyurethane Inks
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What Trends are Shaping the Solvent-Based Printing Inks Market?
Companies in the solvent-based printing ink industry are starting to produce thermal inkjet inks in order to satisfy expanding customer demand. Thermal inkjet printing uses a technique whereby a section of solvent-based ink is superheated, causing an ink droplet to be propelled onto the surface. This method of printing offers improved performance, reduced expenses, and a greater adaptability of ink, making it particularly useful for photo printing. An example of this trend is Marabu Ink, a German firm specializing in liquid coatings and printing inks, which revealed a collection of unique inks in May 2024. The UltraJet DUV-CP, designed for digital container printing, and the BPA-free UltraGlass LEDGF, for glass decoration, were among the products launched. These enhancements contribute to improving print speed and quality, and by removing harmful substances like BPA, they align with ongoing sustainability efforts. Additionally, these products are suitable for a variety of applications and are compliant with international safety regulations.
Who Are the Key Players in the Solvent-Based Printing Inks Market?
Major companies operating in the solvent-based printing inks market include:
• The Dow Chemical Company
• Sun Chemical Corporation
• Flint Group Holdings Limited
• Toyo Ink SC Holdings Co. Ltd.
• Sakata INX Corporation
• Siegwerk Druckfarben AG & Co. KGaA
• Dainichiseika Color & Chemicals Mfg. Co. Ltd.
• Grupo Idesa SA de CV
• T&K Toka Co. Ltd.
• Tokyo Printing Ink Mfg. Co. Ltd.
• Wikoff Color Corporation
• Lawter Inc.
• Cinkarna Celje dd
• Doneck Euroflex S.A
• Royal Dutch Printing Ink Factories Van Son
• Yansefu Inks and Coatings Pvt. Ltd.
• Mirage Inks Co. Ltd.
• Golden Dyechem
• Huber Group India Pvt. Ltd.
• Fujifilm Sericol India Private Limited
What are the Regional Insights into the Solvent-Based Printing Inks Market?
Western Europe was the largest region in the solvent-based printing inks market in 2024. Asia Pacific was the second-largest region in the solvent-based printing inks market report. The regions covered in the solvent-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
