Global Printing Inks Market 2018-2022
About Printing Inks
Printing inks refer to a paste liquid that is used for printing in books and magazines, metal cans, ceramic tiles, and cardboard. Printing inks are extensively used to color surfaces associated with these applications. Printing inks contain dyes or pigments and are mixed with solvents, water, or oil to form a paste or liquid.
Technavio’s analysts forecast the global printing inks market to grow at a CAGR of 5.72% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global printing inks market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Printing Inks Market 2018-2022
Technavio recognizes the following companies as the key players in the global printing inks market: DIC Corporation, FlintGroup, SAKATA INX CORPORATION, Siegwerk Druckfarben, and Sun Chemical.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is UV curable inks garnering increasing attention. The growing traction of UV curable inks is one of the key trends in the printing inks market. The growing demand for UV curable inks is in turn, increasing the demand for UV curable printing inks. This growing demand for UV curable inks is due to the rising demand for cost-effective and inks that provide a soft-touch coating or textured coating.”
According to the report, one driver in the market is growing demand for water-based ink technology. Technavio’s market research analysts have identified the growing demand for water-based ink technology as one of the primary factors that will trigger the growth of the printing inks market in the coming years.
Further, the report states that one challenge in the market is digital printing impeding market expansion. The growth of web media and digitalization will pose a challenge to the consumption of printing inks. There is a steady decline in the circulation of print, especially in the form of magazines and newspapers.
DIC Corporation, FlintGroup, SAKATA INX CORPORATION, Siegwerk Druckfarben, and Sun Chemical.
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