Global Solvent-Based Printing Inks Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends

5 Nov, 2021

The solvent-based printing inks market consists of sales of solvent-based printing inks and related services used to produce 3D printed objects and banners. Solvent-based inks are pigment inks which are mixed with volatile organic compounds (VOCs) such as hydrocarbons, alcohols, ketones, esters, and others which are waterproof and ultra-violet (UV) safe. They are relatively inexpensive and enable printing on flexible, uncoated vinyl substrates, which are used to produce vehicle graphics, billboards, 3D printed objects, banners and adhesive decals.

Global Solvent-Based Printing Inks Market Size And Drivers:

The global solvent-based printing inks market is expected to grow from $11.13 in billion 2020 to $11.63 billion in 2021 at a compound annual growth rate (CAGR) of 4.5%. 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 solvent-based printing inks market is expected to reach $13.49 billion in 2025 at a CAGR of 4%. 3D technology will be a driver of the solvent-based printing inks market during the forecast period.

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Trends In The Global Solvent-Based Printing Inks Market

Solvent-based printing ink companies are introducing thermal inkjet inks to cater to the growing demand. Thermal inkjet printing induces the ejection of the ink droplet by superheating a small portion of a solvent-based ink. Advantages of thermal inkjet printing include better performance, lower costs and ink versatility, especially in photo printing applications. For instance, the Collins Inkjet has developed a new solvent-based TIJ ink, Stratus. It has increased dot control, decap time, and optical density.

Global Solvent-Based Printing Inks Market Segments:
The global solvent-based printing ink market is further segmented –
By Type: Cellulose Inks, Epoxy Inks, Vinyl Inks, Vinyl-Acrylic Inks, Polyurethane Inks
By Printing Technology: Lithographic, Gravure, Flexographic, Screen-Printing, Letterpress, Digital, Others
By Application: Label & Packaging, Commercial Printing, Publication, Others
By Geography: The global solvent-based printing inks market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

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Solvent-Based Printing Inks Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides solvent-based printing inks market overviews, analyzes and forecasts market size and growth for the global solvent-based printing inks market, solvent-based printing inks market share, solvent-based printing inks market players, solvent-based printing inks market segments and geographies, solvent-based printing inks market’s leading competitors’ revenues, profiles and market shares. The solvent-based printing inks market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.