Solvent Based Inks Market Size

According to the report published by Zion Market Research, global demand for Solvent Based Inks market was valued at approximately USD 9.2 Billion in 2019, and is expected to generate revenue of around USD 11.8 Billion by end of 2026, growing at a CAGR of around 3-4% between 2020 and 2026.

Global Solvent Based Inks Market: Overview

Solvent based inks can bind to non-absorbent surfaces, and these inks are commonly used in the printing of items to be used outdoors. There are many benefits of solvent-based inks. For starters, fade proof, water proof, and scratch resistant are these inks. In outdoor printing, these attributes improve its utility. On a large range of surfaces and substrates, solvent-based inks are used and are well-known for advanced properties such as weather tolerance. The market for solvent-based inks is led by a increase in demand for lightweight and specialised packaging, predominantly in the food beverage and health care industries. In addition, the advent of the digital printing industry is likely to raise demand in the near future for solvent-based inks.

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Global Solvent Based Inks Market: Growth Factors

The rise of the packaging industry is the key factor driving the worldwide demand for solvent-based inks. The global demand for solvent-based inks is also growing with the growth of the transportation industry worldwide, especially in developed regions, and the rise in industrialization. In the packaging industry, solvent-based inks are commonly used in various exterior applications, as these inks give resistance to unfavourable weather conditions. In the packaging market, increasing growth is growing demand for printed materials. This, in essence, is propelling the market for solvent-based inks.

Global Solvent Based Inks Market: Segmentation

The Solvent Based Inks market is fragmented based on printing technology, and application. By printing technology, the market is divided into lithographic, gravure, flexographic, screen-printing, letterpress, digital and others. On the basis of application, the Solvent Based Inks market includes label packaging, commercial printing, publication and others. In 2018, the lithographic category accounted for the largest share of the overall demand for solvent-based inks. Due to the growth in flexible packaging and printing of tags and labels around the globe, the segment is projected to remain highly lucrative during the forecast era. Fortunately due to the high quality printing and quick performance of the technique, lithography is widely used for printing books, catalogues, and posters. Alternatively, due to the rise in internet advertisement and publishing, the 'publication' segment, including newspapers, journals, books, and catalogs, is required to witness regulated trends.

Report Scope:

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Global Solvent Based Inks Market: Regional Analysis

Due to the growth in the lamination and food packaging industries in the region, the demand for solvent-based inks in Asia Pacific is expected to expand significantly during the forecast period. Asia Pacific's market share is estimated to grow by 2027 as a result of large-scale manufacturing activities and plant expansion in the region.

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Global Solvent Based Inks Market: Competitive Players

Some main participants of the Solvent Based Inks market are Tokyo Printing Ink Mfg.Co. Ltd., Dainichiseika Color Chemicals Mfg. Co., Ltd., Sun Chemical Corporation, Flint Group, Toyo Ink SC Holdings Co. Ltd., Lawter Inc., Yansefu Inks and Coatings Pvt. Ltd., Siegwerk Druckfarben AG Co. KGaA, Sakata INX Corporation, Huber Group, SICPA Holding SA, Fujifilm Sericol India Private Limited, Royal Dutch Printing Ink Factories Van Son, TK TOKA CO. LTD.  among others.

Solvent Based Inks Market: Segments Analysis

By Technology 

• Lithographic
• Gravure, Flexographic
• Screen-Printing
• Letterpress 
• Digital 
• Other Printing Technologies

By Application 

• Label Packaging
• Commercial Printing
• Publication 
• Other Applications

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East Africa
  • GCC
  • South Africa
  • Rest of Middle East Africa

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