Printing inks can be utilized in many applications including commercial printing and publication, packaging and labels, corrugated cardboards, and others. Resins such as modified rosin, acrylic, polyurethane, modified cellulose, and others can be used as a row material in the manufacturing process of inks. The composition of the resins is plays crucial role for the quality of ink produced.
High Quality Printing Solutions
Most used manufacturing process include lithography/offset, rotogravure, flexography, and digital solutions. Rising packaging industry including corrugated cardboards and folding cartons has increased the demand for flexographic, rotogravure, and digital solutions. However, the lithography process accounted for the largest share, approximately 28%. It provides greater image quality for smooth and practical surfaces at comparatively low budget. Gravure, also called rotogravure is a is primarily a high-speed and high-quality printing technique used for often used for high-volume printing of packaging, gift wrap, greeting cards, printing magazines, advertising pieces and wallpaper.
Digital and electrostatic printing is an emerging trend in current scenario. Digital process is the fastest growing segment. It is very different from traditional printing methods and highly prefeed by the consumers due to its cost effectiveness. Sectors such as ceramic, textile, and 3D printing are driving demand for the segment. For instance, RUCO Druckfarben recently presented LED screen printing inks such as 937LED and 955LED-LM. These inks can be utilized for decorating ceramics, glass, and metals to provide resistance to water and chemicals.
Market Overview
According to Grand View Research, Inc., the worldwide printing inks market is expected to reach USD 25.83 billion by 2025. Factors such as technological advancements, product innovations, and development of food-safe products, and growing demand for eco-friendly solutions can propel the market during the forecast period (2014 to 2025). Rising demand for superior quality flexible packaging is the major driving factor for the market.
Strict guidelines concerning toxic metals in solvents and volatile organic compound (VOC) emissions in these inks are likely to restrain the market.
Asia Pacific accounted largest market share in 2016 due to growth in applications including packaging, textile, and ceramic printing applications.
Some of the leading companies operating in the market are, Flint Group, Sakata Inx Corporation, DIC Corporation, Sun Chemicals., and Wikoff Color Corporation.
In-Depth Research Report On Printing Inks Market:
https://www.grandviewresearch.com/industry-analysis/printing-inks-market
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