Menu ×

CHEMICALS AND ADVANCED MATERIALSDISCOUNT VALID TILL 31st-JANUARY , 2022

Screen Printing Inks Market Segmentation by Type (UV Cured, Water Based, Solvent Based, and Others); by End-Use Material (Ceramics, Textiles, Plastics, Paper, Glass, and Others); and by Application – Global Demand Analysis & Opportunity Outlook 2030

  • Text Size:

Extensive insights into the Growth of Screen Printing Inks Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

IN THE NEWS

·   October 11, 2021: Flint Group, announced the launch of a new range of printing inks, Flint Offset Packaging Solutions (FOPS), for Sheetfed Inks, Press Room Chemicals and Printing Blankets.

·   September 29, 2021: Marabu and Koenig & Bauer join hands to present customized and high-quality glass decorations with new printing solutions.

Global Screen Printing Inks Market Highlights Over 2022 - 2030

The global screen printing inks market is estimated to grow at a notable CAGR over the forecast period, i.e., 2022 – 2030. The growth of the market can be attributed to the increasing adoption of screen printing over other printing techniques. Screen printing is the process of using a mesh-stencil for printing on various kinds of surfaces, such as, glass, plastic, textiles and others. The varied application of screen printing is estimated to primarily boost the market growth. Moreover, the advantageous properties of the screen printing ink, such as, longer shelf life, durability, high viscosity, and brighter color, are projected to boost the market growth. Furthermore, the growing expenditure by companies on print advertising, including printed banners, posters, and published ads, is also estimated to boost the market growth. It was predicted that private and government companies jointly would spend more that USD 52 million on print advertising globally by the end of 2021.

Screen Printing Inks Market

The market is segmented by application into labels & packaging, commercial printing, publication, and others, out of which, the labels & packaging segment is anticipated to hold the notable share in the global screen printing inks market on account of growing demand for screen printing for packaging and labels. Screen printing is durable and the printed material can be stored over the long-term, which is why, it is preferred for printing labels, banners, and packaging materials. On the basis of end-use material, the plastic segment is estimated to gain notable market share over the forecast period, owing to the ease of screen printing on plastic surfaces, as compared to digital printing on plastic surfaces. CLICK TO DOWNLOAD SAMPLE REPORT

Major Macro-Economic Indicators Impacting the Market Growth

Chemicals Industry

The chemical industry is a major component of the economy. According to the U.S. Bureau of Economic Analysis, in 2020, for the U.S., the value added by chemical products as a percentage of GDP was around 1.9%. Additionally, according to the World Bank, Chemical industry in the U.S. accounted for 16.43% to manufacturing value-added in 2018. With the growing demand from end-users, the market for chemical products is expected to grow in future. According to UNEP (United Nations Environment Programme), the sales of chemicals are projected to almost double from 2017 to 2030. In the current scenario, Asia Pacific is the largest chemical producing and consuming region. China has the world’s largest chemical industry, that accounted for annual sales of approximately more than USD 1.5 trillion, or about more than one-third of global sales, in recent years. Additionally, a vast consumer base and favorable government policies have boosted investment in China’s chemical industry. Easy availability of low-cost raw material & labor as well as government subsidies and relaxed environmental norms have served as a production base for key vendors globally. On the other hand, according to the FICCI (Federation of Indian Chambers of Commerce & Industry), the chemical industry in India was valued at 163 billion in 2019 and it contributed 3.4% to the global chemical industry. It ranks 6th in global chemical production. This statistic shows the lucrative opportunity for the investment in businesses in Asia Pacific countries in the upcoming years.

Global Screen Printing Inks Market Regional Synopsis

Regionally, the global screen printing inks market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of presence of major market players along with growing chemical industry in the region. Additionally, large scale manufacturing facilities present in the APAC region, and high demand for screen printing inks in the packaging industry of the region, are estimated to boost the market growth.

The market in the North America region is projected to attain significant growth over the forecast period, on the back of the growing demand for printing inks amongst various manufacturers in the region. In fact, it is observed that the printing ink manufacturing in the United States, generated a revenue of approximately USD 4,380 million in 2018. Moreover, the rising production of solvent-based ink in the region, backed by easy availability of petroleum products is foreseen to boost the market growth.

Screen Printing Inks Market

The global screen printing inks market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth Market Players Analysis & Opportunity Outlook

Market Segmentation

Our in-depth analysis of the global screen printing inks market includes the following segments:

By Type

  • UV Cured
  • Water Based
  • Solvent Based
  • Others

By End-Use Material

  • Ceramics
  • Textiles
  • Plastics
  • Paper
  • Glass
  • Others

By Application

  • Labels & Packaging
  • Commercial Printing
  • Publication
  • Others

Growth Drivers

  • More Durable than Digital Printing
  • Longer Shelf Life of Screen Printing Inks

Challenges

  • Higher Cost of Screen Printing
  • Regulations on the Usage of Volatile Organic Chemicals

Top Featured Companies Dominating the Market

  • Kolorcure
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
  • Marabu GmbH & Co. KG
  • Flint Group
  • Sun Chemical
  • Hubergroup, Inc.
  • Fujifilm Specialty Ink Systems Ltd.
  • Toyo Ink Co., Ltd.
  • Siegwerk Druckfarben AG & Co. KGaA
  • Nazdar Company Inc.
  • The Dow Chemical Company

FREQUENTLY ASKED QUESTIONS


Related Reports


Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved