The
global printing inks market was valued at US$ 14.41 Bn in 2013 and is
projected to reach US$ 20.17 Bn by 2020, expanding at a CAGR of 5.0%
between 2014 and 2020.
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Printing Inks Market Report with Full TOC at
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Printing
inks are used in printing applications such as packaging, publication
and commercial printing. Packaging was the largest application
segment of the printing inks market in 2013, led by rising demand for
flexible packaging and other forms of packaging in numerous end-user
industries. The printing inks market has been segmented into process
type based on various printing processes that use printing inks. In
terms of products, the printing inks market has been segmented based
on the composition of inks.
Packaging
is estimated to be the fastest growing segment of the global printing
inks market in the next few years. Rising demand for printing inks in
packaging application products, such as flexible packaging, tags and
labels, and metal cans, is anticipated to drive the global printing
inks market in the next few years.
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Lithographic
printing held the major share of the printing inks market in 2013. In
terms of volume, the segment accounted for more than 40% share of the
global market in 2013. Digital printing segment is expected to be the
fastest growing segment in the printing inks market during the
forecast period. Demand for printing inks is likely to increase in
the next few years due to significant rise in digital printing
coupled with substantial demand for printing inks in household
printing applications.
Water-based
printing inks segment is projected to be the fastest growing product
segment in the printing inks market during the forecast period.
Global demand for environmentally-safe printing inks such as
water-based printing inks and UV-cured printing inks is estimated to
increase at a rapid rate in the next few years. Currently, oil-based
printing inks and solvent-based printing inks account for a major
portion of the printing inks market; however, growth in water-based
printing inks is anticipated to overshadow the market share of the
two segments in the next six years.
North
America dominated the global printing inks market, accounting for
more than 30% share in terms of volume in 2013. Increasing demand for
printing inks in flexible packaging and commercial printing is
projected to drive the printing inks market in North America in the
next six years. Asia Pacific is anticipated to be the fastest growing
region in the printing inks market in the next few years. Rising
demand for printing inks in rapidly developing countries in Asia,
such as India and China, is estimated to boost the printing inks
market in Asia Pacific in the next six years. Market share of the
region is expected to increase significantly in the next six years.
Factors such as steady economic recovery in the U.S. and Europe and
higher demand for printing inks in RoW are estimated to propel the
global printing inks market in the next few years. Key players
operating in the printing inks industry include Sun Chemical
Corporation, Flint Group, Siegwerk Druckfarben AG & Co. KGaA,
TOYO Ink Group, Sakata INX Corporation, ALTANA AG, Huber Group, T&K
TOKA Corporation, Wikoff Color Corporation, Zeller+Gmelin GmbH &
Co. KG and Royal Dutch Printing Ink Factories Van Son.
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Press Release Printing Inks Market
http://www.transparencymarketresearch.com/pressrelease/printing-inks-market.htm
The
report segments the global printing inks market into:
Printing
Inks Market – Product Segment Analysis
- Solvent-based printing inks
- Water-based printing inks
- Oil-based printing inks
- Other printing inks (Including UV-cured Inks, etc.)
Printing
Inks Market - Process Segment Analysis
- Lithographic printing
- Gravure printing
- Flexographic printing
- Digital printing
- Other printing (Including letterpress printing, etc.)
Printing
Inks Market - Application Analysis
- Packaging
- Publication and commercial printing
- Others (Including decorative printing, etc.)
Printing
Inks Market - Regional Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (Latin America, Africa and the Middle East)
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