Solvent-Based Printing Inks Global Market Report 2020
February 2020
200
About the Report
About the Report
The solvent-based printing inks market consists of sales of solvent-based printing inks and related services used to produce 3D printed objects and banners. Solvent-based inks are pigment inks which are mixed with volatile organic compounds (VOCs) such as hydrocarbons, alcohols, ketones, esters, and others which are waterproof and ultra-violet (UV) safe. They are relatively inexpensive and enable printing on flexible, uncoated vinyl substrates, which are used to produce vehicle graphics, billboards, 3D printed objects, banners and adhesive decals.
The global solvent-based printing inks market was valued at about USD 10.77 billion in 2019 and is expected to grow to USD 12.43 billion at a CAGR of 3.60% through 2023.
The solvent-based prinitng inks market covered in this report is segmented by type into cellulose inks, epoxy inks, vinyl inks, vinyl-acrylic inks, polyurethane inks.
Western Europe was the largest region in the solvent-based printing inks market. This region is expected to remain the largest during the next five years. The solvent-based printing inks market in South America is forecasted to register the highest CAGR during 2018-2023.
3D technology will be a driver of the solvent-based 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 such as solvent-based 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. For instance, 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.
A shortage of raw materials, resulting in their increasing market prices, is expected to negatively affect the solvent-based printing inks market. Printing ink companies globally are suffering from a shortage of raw materials, including resins, monomers, photoinitiators, oligomers, and additives. This is mainly due to raw material plant closures in China, a major source of these raw materials, as the country has placed significant emphasis on improving its environment by cutting industrial pollution. China is dominant in printing inks raw materials supplies due to the presence of strong refinery capacity and associated chemicals manufacturing ecosystem. Market players have already started facing challenges due to shortages of raw materials. For instance, in May 2018, Sun Chemical, a global printing ink manufacturer, faced disruptions in its printing inks supply due to global raw material shortage resulting from ongoing environmental regulatory compliance inspections in Chinese raw material plants and factories. Again, in July 2018, printing ink manufacturer Hubergroup announced an increase in prices for all energy curing inks and varnishes across Europe and the Americas with immediate effect due to shortages of raw materials.
Solvent-based printing ink companies are introducing thermal inkjet inks to cater to the growing demand. Thermal inkjet printing induces the ejection of the ink droplet by superheating a small portion of a solvent-based ink. Advantages of thermal inkjet printing include better performance, lower costs and ink versatility, especially in photo printing applications. For instance, the Collins Inkjet has developed a new solvent-based TIJ ink, Stratus, in August 2016. It has increased dot control, decap time, and optical density.
Major players in the 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, Coatings Pvt. Ltd., Siegwerk Druckfarben AG & Co. KGaA, Sakata INX Corporatio
Products
Products
By Type: Cellulose Inks ; Epoxy Inks ; Vinyl Inks ; Vinyl-Acrylic Inks ; Polyurethane Inks
Companies
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
Coatings Pvt. Ltd.
Siegwerk Druckfarben AG & Co. KGaA
Sakata INX Corporatio
Huber Group
SICPA Holding SA
Fujifilm Sericol India Private Limited
Royal Dutch Printing Ink Factories Van Son
T&K TOKA CO., LTD.
Cinkarna Celje
TW Graphics
Fujifilm
Lawson Screen & Digital Products Inc.
Stehlin Hostag UK
O Ecotextiles, Ink Solutions
Mirage Inks
Bordeaux Digital PrintInk Ltd
Table of Contents
Table of Contents
1. Executive Summary
2. Solvent-Based Printing Inks Market Characteristics
3. Solvent-Based Printing Inks Market Size And Growth
3.1. Global Solvent-Based Printing Inks Historic Market, 2015-2019, USD Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Solvent-Based Printing Inks Forecast Market, 2019-2023F, 2025F, 2030F, USD Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market
4. Solvent-Based Printing Inks Market Segmentation
4.1. Global Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Cellulose Inks
Epoxy Inks
Vinyl Inks
Vinyl-Acrylic Inks
Polyurethane Inks
5. Solvent-Based Printing Inks Market Regional And Country Analysis
5.1. Global Solvent-Based Printing Inks Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
5.2. Global Solvent-Based Printing Inks Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
6. Asia-Pacific Solvent-Based Printing Inks Market
6.1. Asia-Pacific Solvent-Based Printing Inks Market Overview
6.2. Asia-Pacific Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
7. China Solvent-Based Printing Inks Market
7.1. China Solvent-Based Printing Inks Market Overview
7.2. China Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F,USD Billion
8. India Solvent-Based Printing Inks Market
8.1. India Solvent-Based Printing Inks Market Overview
8.2. India Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
9. Japan Solvent-Based Printing Inks Market
9.1. Japan Solvent-Based Printing Inks Market Overview
9.2. Japan Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
10. Australia Solvent-Based Printing Inks Market
10.1. Australia Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
11. Indonesia Solvent-Based Printing Inks Market
11.1. Indonesia Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
12. South Korea Solvent-Based Printing Inks Market
12.1. South Korea Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
13. Western Europe Solvent-Based Printing Inks Market
13.1. Western Europe Solvent-Based Printing Inks Market Overview
13.2. Western Europe Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
14. UK Solvent-Based Printing Inks Market
14.1. UK Solvent-Based Printing Inks Market Overview
14.2. UK Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
15. Germany Solvent-Based Printing Inks Market
15.1. Germany Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
16. France Solvent-Based Printing Inks Market
16.3. France Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
17. Eastern Europe Solvent-Based Printing Inks Market
17.1. Eastern Europe Solvent-Based Printing Inks Market Overview
17.2. Eastern Europe Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
18. Russia Solvent-Based Printing Inks Market
18.1. Russia Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
19. North America Solvent-Based Printing Inks Market
19.1. North America Solvent-Based Printing Inks Market Overview
19.2. North America Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
20. USA Solvent-Based Printing Inks Market
20.1. USA Solvent-Based Printing Inks Market Overview
20.2. USA Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
21. South America Solvent-Based Printing Inks Market
21.1. South America Solvent-Based Printing Inks Market Overview
21.2. South America Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
22. Brazil Solvent-Based Printing Inks Market
22.1. Brazil Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
23. Middle East Solvent-Based Printing Inks Market
23.1. Middle East Solvent-Based Printing Inks Market Overview
23.2. Middle East Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
24. Africa Solvent-Based Printing Inks Market
24.1. Africa Solvent-Based Printing Inks Market Overview
24.2. Africa Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
25. Solvent-Based Printing Inks Market Competitive Landscape And Company Profiles
25.1. Solvent-Based Printing Inks Market Competitive Landscape
25.2. Solvent-Based Printing Inks Market Company Profiles
25.2.1. Tokyo Printing Ink Mfg.Co. Ltd.
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Dainichiseika Color & Chemicals Mfg. Co., Ltd.
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Sun Chemical Corporation
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Flint Group
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. Toyo Ink SC Holdings Co., Ltd.
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance
26. Key Mergers And Acquisitions In The Solvent-Based Printing Inks Market
27. Solvent-Based Printing Inks Market Trends And Strategies
28. Solvent-Based Printing Inks Market Future Outlook and Potential Analysis
29. Appendix
29.1. Abbreviations
29.2. Currencies
29.3. Research Inquiries
29.4. The Business Research Company
29.5. Copyright And Disclaimer
List of Figure
Figure 1: Global Historic Market Growth, 2015-2019, USD Billion
Figure 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 3: Global Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 4: Global Solvent-Based Printing Inks Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 5: Global Solvent-Based Printing Inks Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 6: Asia-Pacific, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 7: China, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 8: India, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 9: Japan, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 10: Australia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 11: Indonesia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 12: South Korea, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 13: Western Europe, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 14: UK, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 15: Germany, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 16: France, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 17: Eastern Europe, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 18: Russia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 19: North America, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 20: USA, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 21: South America, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 22: Brazil, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 23: Middle East, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 24: Africa, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Figure 25: Tokyo Printing Ink Mfg.Co. Ltd. Financial Performance
Figure 26: Dainichiseika Color & Chemicals Mfg. Co., Ltd. Financial Performance
Figure 27: Sun Chemical Corporation Financial Performance
Figure 28: Flint Group Financial Performance
Figure 29: Toyo Ink SC Holdings Co., Ltd. Financial Performance
List of Table
Table 1: Global Historic Market Growth, 2015-2019, USD Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 3: Global Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 4: Global Solvent-Based Printing Inks Market, Split By Region, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 5: Global Solvent-Based Printing Inks Market, Split By Country, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 6: Asia-Pacific, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 7: China, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 8: India, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 9: Japan, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 10: Australia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 11: Indonesia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 12: South Korea, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 13: Western Europe, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 14: UK, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 15: Germany, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 16: France, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 17: Eastern Europe, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 18: Russia, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 19: North America, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 20: USA, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 21: South America, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 22: Brazil, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 23: Middle East, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 24: Africa, Solvent-Based Printing Inks Market, Segmentation By Type, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, USD Billion
Table 25: Tokyo Printing Ink Mfg.Co. Ltd. Financial Performance
Table 26: Dainichiseika Color & Chemicals Mfg. Co., Ltd. Financial Performance
Table 27: Sun Chemical Corporation Financial Performance
Table 28: Flint Group Financial Performance
Table 29: Toyo Ink SC Holdings Co., Ltd. Financial Performance
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