Global Demand For Printing Inks Forecast To Grow

A recent global report on the printing inks market reveals that the marketplace for printing inks is set to reach $18.2 billion by the year 2017. Demand for digital paper (such as sticker paper) is also on the rise. Such issues as environmentally friendly inks as well as the ongoing innovations in technologies are driving this raise in enterprise. Together these are developing new areas for growth and moving the business into new markets like UV and ink jet inks. Too, new inks like radiation curing and energy-curable ink technology delivers other opportunities.

In the past the printing inks industry is quite cyclical in nature, at the same time the ups and downs of national and regional economies can accelerate or diminish the demand. The business as a entire continues to face downward pressure on pricing mainly due to the improve in cost for raw supplies. 1 bright aspect for the future does include a move toward high-value digital and energy-cured inks. Packaging, commercial publishing/printing are the mainstay with the printing inks marketplace.

The U.S. industry is the greatest from the regional markets both in terms of volume at the same time as sales value. In Europe, the marketplace is rising using the sale of UV inks. Also portion in the European growth is free of charge radical and cationic inks. Finding the biggest push in both European and especially Asian markets are the power curable ink systems.

Sleek magazine and catalog covers in Asian are also bringing an increased demand for the use of radiation curing inks in publishing. China and India are the fastest growing printing inks markets in the globe. Fueling this growth in that particular region will be the increase in publication and commercial printing. As well, digital paper is accessible in many formats and in quite a few markets across the globe.

The other factor driving this growth could be the technological advancements that have literally revolutionized the inks market. Printing presses across the globe are using faster and much more extremely automated equipment. Environment-friendly inks for example vegetable oil and water-based inks have gained in reputation because the world’s population has grown concerned about toxic pollution.
Lastly, rotogravure, screen, letterpress as well as other specialty kinds of inks are component of this forecasted growth. These combined with the increased usage of computers by firms (both big and tiny) along with the establishment of internal graphics departments have elevated the demand for digital inks and consequently for digital paper.

David Oliver contributes articles about digital printing and digital paper, including vinyl paper and synthetic paper for Fusion Digital Paper.