Global Ink Ingredients Market Overview
Ink Ingredients Market was valued at US$ 4.7 Billion in 2024 and is projected to grow at a CAGR of 10.5% to reach US$ 11.7 Billion by 2034.
Ink is a pigments or dyes in the form of liquid or paste used to color a surface to produce a text, image, or design. Ink is used for writing or drawing with a brush, pen, or quill. Thicker inks, in paste form, are utilized widely in lithographic and letterpress printing.
Global Ink Ingredients Market Drivers & Restraints
Strong key trends witnessed in ink ingredients market
Introducing eco-friendly products such as high-sensitive UV (low-power UV-curable), non-VOC additives, and water-based additives with emphasis on providing high value, green additives that provide enhanced performance and a lower impact on the environment are the key trend witnessed in the ink ingredient market. Inkjet technology accounts for considerable growth opportunity for the ink ingredient market. The inkjet technology is growing its utilization in several applications, such as printing photos, posters, and outdoor signs and engineering of color filters for circuit boards as well as LCD TVs. The inkjet processing demand is rising as it is the only print technology with high degree of relevancy that can print messages just-in-time, which the marketers needs.
Meeting regulatory standard
Rising pressure for adherence to the regulatory guidelines; restrictions, developing additives/products that can improve or maintain the current performance at lower usage levels or at a more economical costs are major challenges faced by the target market to a certain extent. Additionally, the key raw materials supply for the textile additives continues a matter of major concern for the ink ingredients market.
Global Ink Ingredients Market Segmentations & Regional Insights
Ink ingredients market is segmented based on type, application, and region.
On the basis of type, the Ink Ingredients market is segmented into solvent based, water based, oil based, and UV based. On the basis of application, the target market is classified into industrial and others.
Regional Insights:
On region the ink ingredients market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific accounts for the high volume ink ingredients market for printing ink industry followed by North America and Europe. The largest growth has been register by the packaging segment of textile additives. The commercial and the publishing printing segments of ink ingredients market are however decreasing in certain developed regions of the world and have seen slow growth in the emerging countries over the past. The ink ingredients market is projected to register a moderate single digit annual growth over the forecast period.
Ink Ingredients Market Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 – 2034 |
Market Segmentation |
By Type - Solvent Based, Water Based, Oil Based, and UV Based By Application - Industrial and Others |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest application trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the ink ingredients market report based on type, application, and region.
Ink Ingredients Market, By Type:
- Solvent based
- Water based
- Oil based
- UV based
Ink Ingredients Market, By Application:
- Industrial
- Others
Ink Ingredients Market, By Region:
- North America
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
-
- U.S.
- Canada
- Middle East & Africa
Global Ink Ingredients Market Competitive Landscape & Key Players
The key players operating the ink ingredients market includes BASF Corporation, Cabot Corporation, Color Resolutions International LLC, Ciba Holding Inc., Environmental Inks and Coatings Corporation, Clariant Corporation, E. I. du Pont de Nemours and Company, Flint Group, Flint Group Pigments, and Nazdar Company. Manufactures involved in ink ingredients market is likely to encourage to offer better technologies and products to their customers and explore the untapped markets. For instance, in January 2017, Evonik Industries declared the acquisition of the performance materials division of Air Products. The performance materials division involves products such as curing agents and additives used in industries such as marine, construction, and automotive. This acquisition is projected to expand Evonik’s additives business unit and also secure a dominating position for the company in North America.
Global Ink Ingredients Market Company Profile
- BASF Corporation
- Company Overview
- Product Type Portfolio
- Key Highlights
- Financial PerRaw Materialance
- Business Strategies
- Cabot Corporation
- Ciba Holding Inc.
- Clariant Corporation
- Color Resolutions International LLC
- E. I. du Pont de Nemours and Company
- Environmental Inks and Coatings Corporation
- Flint Group
- Flint Group Pigments
- Nazdar Company
“*” marked represents similar segmentation in other categories in the respective section
Global Ink Ingredients Market Highlights
FAQs
Ink Ingredients Market was valued at US$ 4.7 Billion in 2024 and is projected to grow at a CAGR of 10.5% to reach US$ 11.7 Billion by 2034.
The market report has been segmented on the basis of type, application, and region.
The Ink Ingredients Market is driven by factors such as the growing demand for printing inks in packaging and publishing industries, technological advancements in ink formulations, and the rise in the digital printing market.
The environmental impact of certain ink ingredients, stringent regulations on volatile organic compounds (VOCs), and the shift towards digitalization reducing traditional printing demand, acting as restraints for the Ink Ingredients Market globally.
North America, Europe, Asia-Pacific, and Latin America. Asia-Pacific is expected to dominate the Ink Ingredients Market, driven by the growth of the packaging industry, increasing industrialization, and expanding consumer markets in the region.
The prominent player operating in the Ink Ingredients market includes BASF Corporation, Cabot Corporation, Color Resolutions International LLC, Ciba Holding Inc., Environmental Inks and Coatings Corporation, Clariant Corporation, E. I. du Pont de Nemours and Company, Flint Group, Flint Group Pigments, and Nazdar Company.