A recent global report on the printing inks industry reveals that the market for printing inks is set to reach $18.2 billion by the year 2017. Demand for digital paper (such as sticker paper) is also on the rise. Such points as environmentally friendly inks along with the ongoing innovations in technology are driving this improve in small business. Together these are developing new locations for growth and moving the market into new markets like UV and ink jet inks. As well, new inks like radiation curing and energy-curable ink technology presents other opportunities.
Inside the past the printing inks market is extremely cyclical in nature, at the same time the ups and downs of national and regional economies can accelerate or diminish the demand. The industry as a complete continues to face downward pressure on pricing primarily because of the improve in price for raw materials. 1 vibrant aspect for the future does involve a move toward high-value digital and energy-cured inks. Packaging, commercial publishing/printing are the mainstay with the printing inks marketplace.
The U.S. marketplace may be the biggest of the regional markets each when it comes to volume as well as sales value. In Europe, the market is escalating with the sale of UV inks. Also component with the European growth is totally free radical and cationic inks. Acquiring the greatest push in both European and particularly Asian markets are the power curable ink systems.
Sleek magazine and catalog covers in Asian are also bringing an increased demand for the use of radiation curing inks in publishing. China and India are the fastest growing printing inks markets in the world. Fueling this growth in that certain region would be the improve in publication and commercial printing. Also, digital paper is offered in a lot of formats and in many markets across the globe.
The other aspect driving this growth is the technological advancements which have literally revolutionized the inks business. Printing presses across the globe are employing quicker and much more very automated equipment. Environment-friendly inks like vegetable oil and water-based inks have gained in reputation as the world’s population has grown concerned about toxic pollution.
Lastly, rotogravure, screen, letterpress along with other specialty kinds of inks are component of this forecasted growth. These combined with the elevated usage of computers by firms (each significant and smaller) and also the establishment of internal graphics departments have elevated the demand for digital inks and consequently for digital paper.
David Oliver contributes and writes papers about digital printing and digital paper, including vinyl paper and synthetic paper for Fusion Digital Paper.