Solvent-based Inks Market - Global Industry Analysis,
Size, Share, Growth Trends, and Forecast 2016 - 2024
363 Page Report
Uptake of Solvent-based Inks to Increase with Growing
Popularity of Flexible Packaging, finds TMR
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Solvent-based Inks Market
Solvent-based Inks Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 2024
The global solvent-based inks market is highly fragmented, wherein the top six companies cumulatively
accounted for a share of more than 75% in 2015. Transparency Market Research states that Sun Chemical
Group, Flint Group, Toyo Ink Mfg. Co., Ltd., Sakata INX, Siegwerk Druckfarben AG & Co. KGaA, and Huber
Group are likely to gain momentum in the coming years after being restrained by volatile raw material prices
and unfavorable economic policies in the past.
The threat of new entrants is likely to deter the performance of these players as they focus on products with
lower content of VOC emitting inks. The availability of substitutes such as UV-cured inks is also projected to
act as a hindrance. However, TMR analysts believe that these challenges present certain opportunities for
players to innovate and develop newer products that can adhere to environmental restrictions and compete
with rival offerings.
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Lithographic and Digital Printing Emerge as Promising Segments in Solvent-based Inks Market
The opportunity in the global solvent-based inks market was pegged at US$5.42 bn in 2015 and is projected to
be worth US$7.92 bn by 2024, rising at a CAGR of 4.4% therein. By volume,...