Ink Additives Market Research Report on Industry Dynamics With Growth Forecast To 2026
Ink Additives Market Size – USD 1.90 Billion in 2018, Growth - CAGR of 5.1%, Trends – Product launches and research for eco-friendly additives.
According to the current analysis of Reports and Data, the global Ink Additives Market was valued at USD 1.90 Billion in 2018 and is expected to reach USD 2.82 Billion by year 2026, at a CAGR of 5.1%. The study covers ink additives, which are used as mixing agents into inks for providing properties like speedy drying, high viscosity, enable uniform spreading, defect protection, etc. Recent emergence of e-commerce and packaging industry has paved the way for the development of the ink additives market, due to the high volume of printing and packaging operations taking place. The global ink additives market is heading towards products which cause less impact on the environment and provide increased shelf life to the end products.
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Top Companies: BASF Germany, DOW Chemicals, Elementis, Munzing, Altana, Allnex, Evonik Industries AG, Arkema, Ashland, Raybo Chemicals.
Further key findings from the report suggest:
- Ink additives market is growing at a CAGR of 7% in Asia Pacific followed by North America and Europe. High e-commerce across the globe is the key factor to accelerate the market growth during forecast period across all regions.
- The market is dominated by water-based ink additives, which account for about 55% of the total share and growing at a CAGR of 5%. Solvent based type of ink additives account for about one third of the market share.
- Stringent government regulations related to environment pollution and pacts among various countries regarding reduction of environmental emissions is likely to hinder the market growth during the forecast period.
- The global Ink market stands at around USD 19.50 billion in 2018 and is expected to reach 26 billion by the year 2026. This hints that the growth prospects for ink additives market are phenomenal.
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The global Ink Additives market is segmented into:
Type (Revenue, USD Million; 2016–2026)
- Dispersants
- Rheology Modifiers
- Slip & Rub Materials
- Wetting Agents
- Foam Control
State Type (Revenue, USD Million; 2016–2026)
- Water based
- Solvent Based
- Other
Ink Additives Market Growth:
The Ink Additives Market is expected to grow in the coming years due to several factors, including:
- Growing demand for digital printing: The growth of digital printing technology has led to an increased demand for ink additives. Ink additives are used to improve the print quality and performance of digital inkjet printers, making them an essential component of the digital printing process.
- Increasing demand for UV-curable inks: UV-curable inks are gaining popularity due to their fast curing time, high durability, and low environmental impact. Ink additives are used in the production of UV-curable inks to improve their properties and performance, thereby driving the growth of the ink additives market.
- Rising demand for packaging and labeling: The packaging and labeling industry is one of the largest consumers of ink additives. Ink additives are used to improve the adhesion, gloss, and resistance properties of inks used for packaging and labeling, making them an essential component of the industry.
Regional Outlook:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market?
- What kind of strategic business plans have they made?
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