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.
The top five companies covered are DIC Corporation, Flint Group, Sakata Inx, Siegwerk Druckfarben AG & Co. KGaA, and Altana AG. DIC Corporation was the largest company in the printing inks market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global printing inks market was valued at around $21 billion in 2017. Asia Pacific was the largest region in the printing inks market in 2017, accounting for around 33% of the total market. The USA was the largest country in the market in 2017, accounting for around 21% of the total market.
The introduction of UV curable inks has increased automation in industries associated with manufacturing. UV curable inks do not contain any solvents that require evaporation during curing. UV curable inks have become an alternative for water-based inks due to their ability to fit over different substrates.
The printing inks market is segmented into Oil-Based Printing Inks, Solvent Based 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.