Solvent-based Inks Market size is estimated to be USD 6.5 Billion in 2024 and is expected to reach USD 9.2 Billion by 2033 at a CAGR of 4.5% from 2026 to 2033.
The global solvent based inks market was valued at approximately USD 7.5 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 4.5% during the forecast period from 2023 to 2030. The market growth can be attributed to the increasing demand for packaging applications, where solvent based inks are preferred for their high quality finish and durability. The Asia Pacific region held the largest share in 2022, contributing more than 40% of the total market value. This dominance is due to the rapid industrialization, growing manufacturing sector, and high demand for printed packaging in countries like China, India, and Japan. Europe and North America also accounted for significant shares, driven by the established printing industries and demand for high end printing solutions in packaging, labels, and publications.
In terms of regional opportunities, the Asia Pacific market is expected to maintain its leadership, with a CAGR of 5.1% through 2030, owing to the increasing consumption of solvent based inks in emerging economies. Latin America and the Middle East & Africa regions are anticipated to experience steady growth, driven by the rising demand for printed packaging, automotive printing, and textiles. The North American market is likely to grow at a moderate rate, driven by advancements in sustainable printing technologies and demand for high quality inks in commercial printing and packaging sectors. As regulations on environmental safety become more stringent, manufacturers are focusing on developing low VOC and eco friendly solvent based inks, which present substantial opportunities for market expansion in various regions.
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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.
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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. 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
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 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
US
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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