Printing Inks Global Market To Reach Value Of $42 Billion In 2025
2 Mar, 2021
The printing inks market consists of sales of printing inks by entities (organizations, sole traders or partnerships) that manufacture printing and inkjet inks. Printing inks are liquids that contain pigments or dyes, which are used to produce images, text and designs. They are widely used in letterpress and lithographic printing. Printing inks consist of a pigment or pigments of the required color mixed with oil or varnish. For example, a black ink made from carbon blacks is mixed with thick linseed oil or a similar oil, often with rosin oil to which rosin varnish is added. Inkjet inks consist of a base carrier such as water, oil or a solvent, and colorants such as dyes or pigments and small amounts of chemical additives to provide some unique characteristics. There are two types of inkjet inks – dye-based inks and pigment-based inks.
Global Printing Inks Market Size And Drivers:
The global printing inks market is expected to grow from $35.58 billion in 2020 to $37.01 billion in 2021 at a compound annual growth rate (CAGR) of 4%. The market is expected to reach $42.21 billion in 2025 at a CAGR of 3%. 3D technology will be a driver of the printing inks market during the forecast period. With a rise in worldwide interest in 3D printing technology from consumers, researchers, and industrial production, there is expected to be a high demand for 3D printing inks.
Request For A Sample For The Global Printing Inks Market Report:
Trends In The Global Printing Inks Market
The printing inks market witnessed consolidation with a significant number of mergers and acquisitions. Top companies in the printing inks market are strategically acquiring and merging with start-ups and mid-sized companies to broaden their products and services range or to enter emerging regions.
Global Printing Inks Market Segments:
The global printing inks market is further segmented based on type, product type, end use industries and geography.
By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks
By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks
By End-Use Industries: Packaging, Print Media, Commercial Printing, Others
By Geography: The global printing inks 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 printing inks market, accounting for 30% of the total market.
Read More On The Report For The Global Printing Inks Market At:https://www.thebusinessresearchcompany.com/report/printing-inks-global-market-report
Printing Inks Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides printing inks market overviews, analyzes and forecasts market size and growth for the global printing inks market, printing inks market share, printing inks market players, printing inks market segments and geographies, printing inks market’s leading competitors’ revenues, profiles and market shares. The printing inks market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.