Global Water-based Printing Inks Market By Resin Type (Acrylic, Polyester, Maleic and Others); By Technology (Flexography, Gravure, Digital and Others); By Application (Packaging, Publication, Tags and Labels and Others) and Region –Analysis of Market Size, Share and Trends for 2014 – 2019 and Forecasts to 2030.
Water-based ink can be described as an ink containing either pigment or coloring with water as a solvent in a colloidal suspension. While water is the key solvent used in the manufacturing process of water-based inks, the inks can contain other co-solvents to minimize the time and heat required to heal ink film on cloth. Water-based inks are more stable on press viscosity, as water slowly evaporates.
Global Water-based Printing Inks Market size was registered at USD XX billion in 2019, and is estimated to reach USD XX billion by 2030, registering a CAGR of XX% from 2020 to 2030. Packaging brings a distinctive appeal to every product and helps clients to differentiate between a specific product and other related products.
Global Water-based Printing Inks Market: Segments
Global Water-based Printing Inks Market is segmented on the basis of resin type, technology, application and region.
By Resin Type (in %), Global Water-based Printing Inks Market, 2019
The acrylic resin type segment is anticipated to register XX% of the market share during the forecasted period.
By resin type the market can be segmented into Acrylic, Polyester, Maleic and Others.
Acrylic has become a highly attractive segment of the global market for water-based printing inks, and the trend is expected to continue over the forecast period due to the suitability of acrylic resins in different applications.
Global Water-based Printing Inks Market Dynamics:
High demand for applicants and environmental concerns to increase market growth
Packaging brings a distinctive appeal to every product and helps clients to differentiate between a specific product and other related products. Flexible packaging such as containers, pouches, and films can be used to package foods, drinks, pharmaceuticals, cosmetics, and personal care items. This, in fact, is fuelling worldwide demand for water-based inks.
Limited applications and availability of substitutes to hinder the market growth
Applications of water-based inks are limited to highly alkaline environments as these inks are soluble in alkaline solutions, and because of the high surface energy of water molecules, such inks cannot wet and print smoothly on difficult substrates. This is expected to hamper the market for water-based printing inks.
Global Water-based Printing Inks Market: Regions
In terms of value and volume, APAC accounted for XX% of total market volume share in 2019
As regards to both volume and value, APAC was a leading global market area, due to the growth of the packaging and newspaper industries and the presence of major water-based ink manufacturers in the region, it is expected to expand at a rapid pace during the forecast period. This, in turn, fuels the market for water-based inks in various applications including corrugated packaging and folding cartons. In addition, growth in the advertising sector and increasing investment in food and beverage marketing are also expected to fuel the demand over the forecast period. During the forecast period, the water-based inks market in Latin America is also projected to expand at a steady pace, as demand for water-based inks in these regions is expected to increase in the coming years due to growth in the packaging sector.
Global Water-based Printing Inks Market: Competitive landscape
Continuous advancement in water-based inks, such as the production of pH stable and resin inks used is expected to provide market growth opportunities among the key players.
Global Water-based Printing Inks Market: Key players
• Flint Group
o Company Overview
o Business Strategy
o Key Product Offerings
o Financial Performance
o Key Performance Indicators
o Risk Analysis
o Recent Development
o Regional Presence
o SWOT Analysis
• Huber Group
• Sakata Inx
• Dic Corporation
• Dow Corning Corporation
• Evonik Industries Ag
• The Sherwin-Williams Company
• Color Resolution International
• Nazdar Ink Company
• Other prominent players
Global Water-based Printing Inks Market report also contains analysis on:
Global Water-based Printing Inks Market segments:-
• By Resin Type:
• By Technology:
• By Application:
o Tags and Labels
• Global Water-based Printing Inks Market dynamics
• Global Water-based Printing Inks Market size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints