The global UV curable inks market is expected to reach USD 5.13 billion by 2024, according to a new report by Grand View Research, Inc. Ultraviolet curable inks are increasingly substituting various solvent-based inks in automotive, packaging and publishing applications owing to low environmental impact and high performance efficiency.
Technological innovations related to the use of UV LED systems to enable curing of inks are expected to enhance quality, which in turn is expected to propel demand over the forecast period. Additionally, efficient air-cooling techniques have also lowered the amount of technological infrastructure and equipment required to support the curing process, thus saving energy and improving cost efficiency.
Growing demand for inks in printing application is expected to be the key driver for UV curable ink market over the forecast period. Furthermore, faster drying times coupled with high saturation properties of the product enables use over rigid surfaces, thus promoting application in printing. However, the high cost of the product as compared to its counterparts is likely to restrain market growth over the next eight years.
Full Research Report On Global UV (Ultraviolet) Curable Inks Market Analysis:
http://www.grandviewresearch.com/industry-analysis/uv-curable-inks-market
Further key findings from the report suggest:
View more reports of this category by Grand View Research at:
http://www.grandviewresearch.com/industry/paints-coatings-and-printing-inks
Grand View Research has segmented the UV curable inks market on the basis of product, application and region:
UV Curable Inks Market Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
UV Curable Inks Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
UV Curable Inks Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)
View press release of this research report by Grand View Research:
http://www.grandviewresearch.com/press-release/global-uv-ultraviolet-curable-inks-market
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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