( PR4US.com | Press Release | 2019-07-03 23:36:52 )
“Even in countries where the total demand for printing inks is stagnating or declining, there are certain growth segments,” reports Oliver Kutsch, CEO of Ceresana
The market research company already examined the global printing inks market for the third time: the different application areas and printing processes as well as the individual printing ink types. The market data are presented in detail in the current study, for example for demand for inkjet printing inks in the segment label printing. Until 2025, analysts at Ceresana
expect an average growth of the global market for printing inks by 1.3% per year.
Green Printing: Water-Based and Radiation-Curing Inks Profit
Growing health and environmental awareness is leading to the development of new printing inks and processing methods, for example the use of UV and other radiation-curing printing inks. Complete curing prevents photoinitiators from being released by low-migration UV inks. More and more effective barrier layers are being integrated in packaging to prevent the migration of printing inks. While the demand for conventional solvent-based products is declining, the market for modern, energy-saving inks low in harmful substances is developing dynamically.
Inkjet for Fast Digital Printing
There is a trend towards smaller circulations, a higher number of printing orders, and personalized contents in an ever shorter time which favors digital printing (inkjet and electrophotography) that enables enormous time savings due to a fast production, adaption, and transmission. Digital printing systems can demonstrate their strengths in the case of job printing of advertising inserts and other occasional printed materials. Digital printing is also gaining ground in letterpress, label printing, and other packaging applications, especially since steel, aluminum, and plastics can now also be printed on. The technological progress is constantly increasing the quality and speed, while the costs are declining: Digital printing is becoming competitive in more and more application areas. Global market for inkjet printing inks reached a volume of about 109,000 tonnes in 2018.
Growth Driver Packaging Printing
Packaging printing is gaining importance for manufacturers of printing inks: There is no digital replacement for packaging. The packaging volume even increases. The labeling obligations become stricter. Internet trade strengthens the demand for shipping packaging. Per capita packaging demand is still very low in parts of Asia and South America, in the Middle East, and also in Africa – however, it is growing rapidly.
The Study in Brief:
Chapter 1 provides key figures on the global market for printing inks – including forecasts up to 2025: For each region, data on production, import, export, demand and revenues are given. Revenues are given in billion US dollars and billion euros, all other figures are given in 1,000 tonnes.
Demand is split by application areas: books, magazines, newspapers, advertising and catalogs, labels, packaging and others. Demand is also split by printing processes: heatset web offset, coldset web offset, sheetfed offset, flexo, gravure, other analog printing, inkjet and electrophotography. Different printing ink types are analyzed: oil-based, water-based, solvent-based, radiation-curing, toner and others.
Chapter 2 examines the 17 most important national markets in more detail. For each country, data on production, import, export, demand, and revenues are given as well. Demand is also split by application areas, printing processes, and printing ink types. Furthermore, demand per printing process is split by the individual application areas.
Chapter 3 provides profiles of the largest manufacturers of printing inks – clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. In-depth profiles of 50 producers are given.
Further information: www.ceresana.com/en/market-studies/industry/printing-inks-world/
As one of the world’s leading market research companies, Ceresana
is specialized in the plastics, chemicals, packaging, and industrial goods sectors. For 17 years, companies have benefited from high-quality industry analyses and forecasts. More than 170 market reports provide 10,000 customers with the knowledge base for their sustainable success.
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