Global Solvent-Based Printing Inks Market

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. The market covered in the solvent-based printing inks market report is segmented by type into cellulose inks, epoxy inks, vinyl inks, vinyl-acrylic inks, polyurethane inks; by printing technology into lithographic, gravure, flexographic, screen-printing, letterpress, digital, others; by application into label & packaging, commercial printing, publication, others. 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%. The solvent-based printing inks market covered in this report is segmented by type into cellulose inks, epoxy inks, vinyl inks, vinyl-acrylic inks, polyurethane inks. 3D technology will be a driver of the solvent-based 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 such as solvent-based inks. Unlike 2D inks which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. For instance, researchers at Dartmouth College developed a smart ink that turns 3D-printed structures into objects that can change shape and color. The ink aims to add even more functionality to 3D printing. Similarly scientists at the Georgia Institute of Technology, Atlanta, developed a novel ink, which, when combined with a new method of printing and with varying lighting, hardens with the 3D printing object. A shortage of raw materials, resulting in their increasing market prices, is expected to negatively affect the solvent-based printing inks market. Printing ink companies globally are suffering from a shortage of raw materials, including resins, monomers, photoinitiators, oligomers, and additives. This is mainly due to raw material plant closures in China, a major source of these raw materials, as the country has placed significant emphasis on improving its environment by cutting industrial pollution. China is dominant in printing inks raw materials supplies due to the presence of strong refinery capacity and associated chemicals manufacturing ecosystem. Market players have already started facing challenges due to shortages of raw materials. For instance, in July 2020, Sun Chemical, a global printing ink manufacturer, increased the prices of its solvent-based inks and coatings in North America due to increase in price of raw materials. Due to high demand for alcohol and solvent for use in sanitizers and pharmaceutical initiatives, the prices of these materials have increased substantially and has also affected the manufacturing cost of solvent-based printing inks companies. Therefore, such instances are expected to restrain the market growth of solvent-based printing inks during the period. 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. Major players in the solvent-based printing inks market are Tokyo Printing Ink Mfg. Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co., Ltd., Sun Chemical Corporation, Flint Group, Toyo Ink SC Holdings Co. Ltd., Lawter Inc., Yansefu Inks, Coatings Pvt. Ltd., Siegwerk Druckfarben AG & Co. KGaA, and Sakata INX Corporation. The regions covered in the solvent-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the solvent-based printing inks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global solvent-based printing inks market 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, Others 3) By Application: Label & Packaging, Commercial Printing, Publication, Others

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. The market covered in the solvent-based printing inks market report is segmented by type into cellulose inks, epoxy inks, vinyl inks, vinyl-acrylic inks, polyurethane inks; by printing technology into lithographic, gravure, flexographic, screen-printing, letterpress, digital, others; by application into label & packaging, commercial printing, publication, others. 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%. The solvent-based printing inks market covered in this report is segmented by type into cellulose inks, epoxy inks, vinyl inks, vinyl-acrylic inks, polyurethane inks. 3D technology will be a driver of the solvent-based 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 such as solvent-based inks. Unlike 2D inks which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. For instance, researchers at Dartmouth College developed a smart ink that turns 3D-printed structures into objects that can change shape and color. The ink aims to add even more functionality to 3D printing. Similarly scientists at the Georgia Institute of Technology, Atlanta, developed a novel ink, which, when combined with a new method of printing and with varying lighting, hardens with the 3D printing object. A shortage of raw materials, resulting in their increasing market prices, is expected to negatively affect the solvent-based printing inks market. Printing ink companies globally are suffering from a shortage of raw materials, including resins, monomers, photoinitiators, oligomers, and additives. This is mainly due to raw material plant closures in China, a major source of these raw materials, as the country has placed significant emphasis on improving its environment by cutting industrial pollution. China is dominant in printing inks raw materials supplies due to the presence of strong refinery capacity and associated chemicals manufacturing ecosystem. Market players have already started facing challenges due to shortages of raw materials. For instance, in July 2020, Sun Chemical, a global printing ink manufacturer, increased the prices of its solvent-based inks and coatings in North America due to increase in price of raw materials. Due to high demand for alcohol and solvent for use in sanitizers and pharmaceutical initiatives, the prices of these materials have increased substantially and has also affected the manufacturing cost of solvent-based printing inks companies. Therefore, such instances are expected to restrain the market growth of solvent-based printing inks during the period. 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. Major players in the solvent-based printing inks market are Tokyo Printing Ink Mfg. Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co., Ltd., Sun Chemical Corporation, Flint Group, Toyo Ink SC Holdings Co. Ltd., Lawter Inc., Yansefu Inks, Coatings Pvt. Ltd., Siegwerk Druckfarben AG & Co. KGaA, and Sakata INX Corporation. The regions covered in the solvent-based printing inks market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the solvent-based printing inks market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The global solvent-based printing inks market 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, Others 3) By Application: Label & Packaging, Commercial Printing, Publication, Others

The water-based printing inks market consists of sales of water-based printing inks and related services used for printing on fabric and paper. Water-based printing inks are referred to as aqueous inks and are dye and pigment inks. They are not waterproof and fade in UV light. The use of water-based printing inks has been limited due to compatibility with substrate materials, but they are successfully used in various applications including printing on fabric, paper, and some plastics. The global water-based printing inks market is expected to grow from $10.84 billion in 2020 to $11.36 billion in 2021 at a compound annual growth rate (CAGR) of 4.8%.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 market is expected to reach $13.36 billion in 2025 at a CAGR of 4%. The water-based printing inks market covered in this report is segmented by type into acrylic water-based inks, maleic water-based inks, and shellac water-based inks. 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. Unlike 2D inks which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. In April 2018, researchers at Dartmouth College developed a smart ink that turns 3D-printed structures into objects that can change shape and colour. The ink aims to add even more functionality to 3D printing. Similarly, in June 2018, scientists at the Georgia Institute of Technology, Atlanta, developed a novel ink, which, when combined with a new method of printing and with varying lighting, hardens with the 3D printing object. Water-based printing inks take considerably large amount of time to be cured when compared with non-water based printing inks. The water-based printing inks printed on a surface, certain temperature must be reached and held to completely dry the solvent used for printing. Though the printer can print the desired image quality and image onto a wide range of substrates, they cannot be done simultaneously, reducing the speed of the printer. This creates an obstacle to used water-based printing inks, thereby restraining the growth of the market. Many companies in the printing inks market are shifting from manufacturing of petroleum-based printing inks to manufacturing of environmentally friendly printing inks (green printing inks). Unlike petroleum-based printing inks, green printing inks do not contain heavy metals or other dangerous and toxic substances, therefore they do not cause excessive pollution in the landfill. Green printing inks are based on sustainable materials such as soy and other plant based origins, which are more sustainable than petroleum. Examples of green printing inks include water-based and oil-based printing inks. The use of green printing inks results in a reduction of volatile organic compounds (VOC) released during the printing process. Major players in the printing inks market such as DIC Corporation, Flint Group, Sakata Inx and others are providing green printing inks as part of their offerings. In October 2020, Flint Group is specialized in colour management procedures, products, and services. It develops, manufactures, and markets an extensive portfolio of printing consumables and printing equipment acquired by Poteet Printing Systems for an undisclosed amount. This acquisition joins with a key element of Flint Group Packaging’s intention to improve not only organically but also via acquisition. Poteet Printing Systems is a US-based company that manufactures and markets water-based inks for Flexographic applications to printers and converters. The major players covered in the global water-based printing inks market are Flint Group, Huber Group, Sakata Inx, Siegwerk Druckfarben Ag & Co. Kgaa, Dic Corporation, Toyo Ink Sc Holdings Co., Ltd., Dow Corning Corporation, Evonik Industries Ag, T & K Toka Co., Ltd., The Sherwin-Williams Company, Color Resolution International, Nazdar Ink Company, Sun Chemical Corporation, Wikoff Color Corporation, Doneck Euroflex S.A., Sebek Inks, Dolphin Inks, BCM Inks, Chimigraf. The countries covered in the global water-based printing inks market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The regions covered in the global water-based printing inks market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global water-based printing inks market is segmented - 1) By Product Type: Acrylic Water-Based Inks, Maleic Water-Based Inks, Shellac Water-Based Inks 2) By Type: Flexo Inks, Gravure Inks, Screen Printing Inks

The synthetic pigments market consists of the sales of synthetic pigments and related services that is used in the field of paints, inks, plastics containing insoluble materials and minerals to endure high heat, intense light and exposure to weather or chemical agents. The global synthetic pigments market is expected to grow from $37.03 billion in 2020 to $40.07 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%.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 market is expected to reach $45.95 billion in 2025 at a CAGR of 3%. The synthetic pigments market covered in this report is segmented by type into inorganic pigments, organic pigments. The demand for high performance pigments and advanced technology engineered pigments such as cool pigments, nano pigments and pigments made from superior dispersion technologies is expected to drive the synthetic pigments market. These new and advanced pigments have the capability to cater to the fast-growing novel end-use industries and technologies such as 3D-printing, automotive industry, and others. For instance, DIC Corporation, a Japan-based chemical company launched Sunbrite Yellow 74, an azo based high performance pigment in the market. High performance pigments are becoming more affordable and their market share is expected to increase rapidly. The growing awareness about adverse health effects of certain synthetic pigments is pushing pigments manufacturers to shift from chemical-based synthetic pigments to natural pigments, negatively impacting the market. Manufacturers are focusing on shifting from chemical pigments to natural pigments to cater to the consumer preferences for new textiles colors, which are also environmentally-friendly. Synthetic pigments also have adverse effects on the health of people and the environment due to which emerging economies are shifting to natural pigments. Several developed and developing countries have imposed a ban on the import of synthetic pigments. The use of azo pigments is banned in developing countries such as India owing to their environmental and health impacts. Recently, there has been an increasing migration of manufacturing capacities from the West to low-cost countries in the Asia-Pacific region. This is mainly due to stringent environmental compliance in Europe and North America. Gradually maturing production technologies and the presence of strong downstream customer bases within countries such as China and India have been propelling the demand for pigments in these countries in recent years. Examples of companies that have moved their manufacturing facilities to the Asia region are Huntsman Corp, DyStar and Clariant. In August 2019, DIC Corporation, a Japanese chemical company entered into an agreement to acquire BASF’s global pigments business, known as BASF Colors & Effects for an undisclosed amount. Acquisition of BASF will strengthen DIC Corporation in global pigments business. BASF is German based producer of chemicals and also well known for portfolio in segments such as chemicals, materials, industrial solutions, surface technologies, nutrition & care and agricultural solutions. The major players covered in the global synthetic pigments market are BASF SE, Archroma, DyStar, Huntsman, Clariant, Synthesia, Cromatos, Atul, Waterside colours, DIC Corp., Lanxess AG, DupontMerck KGAA, OCI Company Ltd, The Chemours Company, Venator Materials PLC, Tronox Limited. The countries covered in the global synthetic pigments market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA, Australia. The regions covered in the global synthetic pigments market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global synthetic pigments market is segmented - 1) By Product Type: Inorganic Pigments, Organic Pigments 2) By End Use Industry: Paints And Coatings, Plastics, Printing Inks, Textiles, Cosmetics And Personal Care, Others

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.

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. The printing inks market is segmented into oil-based printing inks; solvent-based printing inks and water-based printing inks. 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 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 market is expected to reach $42.21 billion in 2025 at a CAGR of 3%. Western Europe was the largest region in the global printing inks market, accounting for 30% of the market in 2020. Asia Pacific was the second largest region accounting for 25% of the global market. Africa was the smallest region in the global printing inks market. 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. Unlike 2D inks which are intended for the fabrication of planar surfaces, 3D inks are intended for the fabrication of volumetric constructs and devices. In April 2018, researchers at Dartmouth College developed a smart ink that turns 3D-printed structures into objects that can change shape and color. The ink aims to add even more functionality to 3D printing. Similarly, in June 2018, scientists at the Georgia Institute of Technology, Atlanta, developed a novel ink, which, when combined with a new method of printing and with varying lighting, hardens with the 3D printing object. A shortage of raw materials, resulting in their increasing market prices, is expected to negatively affect the printing inks market. Printing ink companies globally are suffering from a shortage of raw materials, including resins, monomers, photo initiators, oligomers, and additives. This is mainly due to raw material plant closures in China, a major source of these raw materials, as the country has placed significant emphasis on improving its environment by cutting industrial pollution. China is dominant in printing inks raw materials supplies due to the presence of strong refinery capacity and associated chemicals manufacturing ecosystem. Market players have already started facing challenges due to shortages of raw materials. For instance, in May 2018, Sun Chemical, a global printing ink manufacturer, faced disruptions in its printing inks supply due to global raw material shortage resulting from ongoing environmental regulatory compliance inspections in Chinese raw material plants and factories. Again, in July 2018, printing ink manufacturer Hubergroup announced an increase in prices for all energy curing inks and varnishes across Europe and the Americas with immediate effect due to shortages of raw materials. 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. For instance, in 2017 and 2018, Siegwerk Group acquired Agfa’s UV inkjet ink division as well as Tupahue Tintas, a Brazilian flexo and gravure ink manufacturer, and Van Son Liquids B.V., a Netherlands-based producer of water-based flexo and gravure printing inks. The countries covered in the global printing inks market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam. The regions covered in the global printing inks market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The major players covered in the global printing inks market are DIC Corporation, Flint Group, Toyo Ink S.C. Holdings, Sakata Inx, Siegwerk Druckfarben. The global printing inks market is segmented - 1) By Type: Oil-Based Printing Inks, Solvent-Based Printing Inks, Water-Based Printing Inks 2) By Product Type: Offset Printing Inks, Flexographic Printing Inks, Rotogravure Printing Inks, Digital Printing Inks 3) By End-Use Industries: Packaging, Print Media, Commercial Printing, Others

The printing and related support activities market consists of sales of printing and related support activities by entities (organizations, sole traders and partnerships) that print products, such as newspapers, books, labels, business cards, stationery, business forms, and other materials, and perform support activities, such as data imaging, platemaking services, and bookbinding.The printing and related support activities market is segmented into printing and support activities for printing. The global printing and related support activities market is expected to grow from $298.6 billion in 2020 to $328.6 billion in 2021 at a compound annual growth rate (CAGR) of 9.%.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 market is expected to reach $362.2 billion in 2025 at a CAGR of 2%. Asia Pacific was the largest region in the global printing and related support activities market, accounting for 34% of the market in 2020.North America was the second largest region, accounting for 29% of the global market.South America was the smallest region in the global printing and related support activities market. Introduction of metal 3D and LED-UV printing is developing rapidly in offline post-press and finishing services market.These save energy, has shorter lead times, are environmentally friendly, provides consistent quality and have longer life.These technologies permit the immediate post-press of print products and impresses with a variety of colors, even on uncoated stock.For instance, companies such as Materialise NV, a 3D printing service provider and software developer are heavily investing in metal 3D printing technologies. Major companies in the market include Canon; Hewlett-Packard; Kyocera; Panasonic; Xerox. The countries covered in the global printing and related support activities market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The regions covered in the global printing and related support activities market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The global printing and related support activities market is segmented - 1) By Type: Printing, Support Activities For Printing 2) By Technology: Flexography Printing, Rotogravure Printing, Digital Printing, OffSet Printing, Others Subsegments Covered: Commercial Printing (except Screen And Books), Commercial Screen Printing, Books Printing