Solvent-based Inks Market was valued at USD 5.2 Billion in 2022 and is projected to reach USD 6.9 Billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030.
The global solvent-based inks market was valued at approximately USD 6.5 billion in 2022, with expectations to expand at a compound annual growth rate (CAGR) of around 5.3% from 2023 to 2030. The growth in the market is driven by increasing demand from various end-use industries such as packaging, textiles, and commercial printing. In particular, the packaging segment is a significant contributor, attributed to the growing e-commerce sector and rising consumer demand for innovative and attractive packaging solutions. The market is expected to witness substantial growth due to technological advancements and the introduction of environmentally friendly solvent-based ink formulations that align with regulatory requirements and sustainability goals.
Opportunities in the solvent-based inks market are emerging from regions with developing industrial bases, particularly in Asia-Pacific and Latin America. These areas are experiencing robust economic growth, which is fostering an increased demand for printing solutions across different applications. Additionally, the rise in urbanization and consumer spending in these regions is expected to drive the market further. Companies are focusing on developing high-performance, low-VOC (volatile organic compounds) solvent-based inks to meet environmental standards and cater to the increasing need for sustainable solutions. This trend is likely to create new opportunities for market expansion and innovation.
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Tokyo Printing Ink Mfg. Co. Ltd.
Sun Chemical Corporation
Flint Group
Dainichiseika Color & Chemicals Mfg. Co. Ltd.
Fujifilm Sericol India Private Limited
Royal Dutch Printing Ink Factories Van Son
Lawter Inc.
Toyo Ink SC Holdings Co. Ltd.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Solvent-based Inks Market
Packaging
Books & Catalogue
Advertising
Tags & Labels
Office Stationery
Magazines
Newspaper
Based on Types the Market is categorized into Below types that held the largest Solvent-based Inks market share In 2023.
Vinyl Inks
Vinyl-Acrylic Inks
Epoxy Inks
Polyurethanic Inks
Cellulose Inks
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Solvent-based Inks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Solvent-based Inks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Solvent-based Inks Market, By Type
6. Global Solvent-based Inks Market, By Application
7. Global Solvent-based Inks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Solvent-based Inks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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