DUBLIN--(BUSINESS WIRE)--The "Water-Based Printing Inks Global Market Report 2020" report has been added to ResearchAndMarkets.com's offering.
The global water-based printing inks market was worth $5.16 billion in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 7% and reach $6.72 billion by 2023.
The Western Europe water-based printing inks market was largest market in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 0.03%.
Water-Based Printing Inks Market Global Report 2020 from the author provides the strategists, marketers and senior management with the critical information they need to assess the global water-based printing inks market.
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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
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 inkis 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 simultaneoulsy, 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.
- Markets Covered: 1) By Type: Acrylic Water-Based Inks ; Maleic Water-Based Inks ; Shellac Water-Based Inks
- Companies Mentioned: Flint Group; Huber Group; Sakata Inx; Siegwerk Druckfarben Ag & Co. Kgaa; Dic Corporation
- Countries: Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, UK, USA and Australia
- Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
- Time series: Five years historic and forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, per capita expenditure.
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Key Topics Covered:
1. Executive Summary
2. Water-Based Printing Inks Market Characteristics
3. Water-Based Printing Inks Market Size And Growth
3.1. Global Water-Based Printing Inks Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Water-Based Printing Inks Forecast Market, 2019 - 2023F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Water-Based Printing Inks Market Segmentation
4.1. Global Water-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- Acrylic Water-Based Inks
- Maleic Water-Based Inks
- Shellac Water-Based Inks
5. Water-Based Printing Inks Market Regional And Country Analysis
5.1. Global Water-Based Printing Inks Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
5.2. Global Water-Based Printing Inks Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
- 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
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