Europe Solvent-based Inks Market was valued at USD 2.2 Billion in 2022 and is projected to reach USD 2.9 Billion by 2030, growing at a CAGR of 4.1% from 2024 to 2030.
The European solvent-based inks market is experiencing significant growth, propelled by the expanding packaging industry and the increasing demand for high-quality printing solutions. Solvent-based inks, known for their durability and vibrant colors, are extensively used across various applications, including packaging, commercial printing, and advertising. **Market Overview** In 2021, the European solvent-based inks market was valued at approximately US$ 1.7 billion, accounting for 25.2% of the global market share. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.1% from 2022 to 2031, reaching an estimated value of US$ 2.4 billion by 2031. citeturn0search0 **Types of Solvent-Based Inks** Solvent-based inks are primarily categorized based on their chemical composition: - **Vinyl Inks**: Renowned for their quick-drying properties and adaptability, vinyl inks are widely used in flexographic printing, especially for packaging applications. - **Epoxy Inks**: These inks offer excellent adhesion and chemical resistance, making them suitable for printing on various substrates, including metals and plastics. - **Polyurethane Inks**: Known for their flexibility and durability, polyurethane inks are commonly used in applications requiring resistance to abrasion and weathering. - **Cellulose Inks**: Offering fast drying times and high-quality prints, cellulose inks are often used in rotogravure printing for producing high-volume publications. **Industrial Requirements and Applications** The demand for solvent-based inks is predominantly driven by the packaging industry, which accounted for 37.9% of the market share in 2021. Key industrial requirements include: - **Adherence to Environmental Regulations**: European countries have stringent environmental standards, prompting a shift towards inks with lower volatile organic compound (VOC) content. This transition aligns with global sustainability goals and addresses health and environmental concerns. citeturn0search0 - **Enhanced Print Quality**: Industries demand inks that provide sharp, vibrant prints, especially for packaging that requires high visual appeal to attract consumers. - **Substrate Compatibility**: The ability of solvent-based inks to adhere to a variety of substrates, including non-porous materials, makes them versatile for different industrial applications. **Future Outlook** The European solvent-based inks market is poised for steady growth, driven by technological advancements and the evolving needs of various industries. However, the market faces challenges such as raw material shortages and the increasing cost of eco-friendly ink formulations. To address these challenges, manufacturers are investing in research and development to innovate and offer products that meet both performance and environmental standards.
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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 Europe Solvent-based Inks Market
Aromatic Solvents
Aliphatic Solvents
Alcohol-based Solvents
Acyclic Solvents
Chlorinated Solvents
Packaging Industry
Textile Industry
Automotive Industry
Graphic Arts and Print Media
Labeling
Water-Based Inks
UV-Curable Inks
Solvent-Based Inks
Eco-Solvent Inks
Consumer Goods
Food and Beverage
Pharmaceuticals
Personal Care
Industrial Products
Low Viscosity Inks
Medium Viscosity Inks
High Viscosity Inks
US (United States, US 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 Europe 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. Europe Solvent-based Inks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Solvent-based Inks Market, By Type
6. Europe Solvent-based Inks Market, By Application
7. Europe Solvent-based Inks Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Solvent-based Inks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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