Screen Printing Inks Market Size & Share, by Type (UV Cured, Water Based, Solvent Based); End-Use Material (Ceramics, Plastics, Paper, Glass, Fabrics); Application (Labels & Packaging, Commercial Printing, Publication) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3757
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Screen Printing Inks Market size is poised to reach USD 72 Billion by the end of 2036, growing at a CAGR of 8% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of screen printing inks was around USD 22 Billion. The reason behind the growth is impelled by the rising e-commerce sales. E-commerce packaging is an essential stage required for safe delivery of the products, and also to ensure the merchandise will be delivered safely. Screen printing ink is suitable for packaging e-commerce products owing to its durability and eco-friendly properties. The projected global e-commerce growth rate for 2023 is over 8%, which would result in more than USD 5 trillion in global e-commerce sales.

The growing VOC emissions from solvent-based inks are believed to fuel the growth of the screen printing inks market. In solvent-based inks, which also contain resin (a binder) and pigment, the volatile organic compound (VOC) content is often 100% which includes alcohols and esters at press viscosities in concentrations ranging from 50% to 70%. However, as compared to solvent-based inks, screen printing inks have less volatile organic compounds and have no hazardous air pollutants.


Screen Printing Inks Market
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Screen Printing Inks Market: Growth Drivers and Challenges

Growth Drivers

  • Rising Sales of Automobiles – Cars, aircraft window and dashboard printing and decoration employing fabrics and emulsions/capillary films often need high-quality screen printing inks with good resistance as a major component.

According to estimates, global auto sales increased by over 66 million units sold in 2021.

  • Growing Demand for Home Decor- The flexible screen printing inks can be used for producing several home décor products including wallpapers which are the most cost-effective version of hand-screen printed wallpapers.

Challenges

  • Higher Cost of Screen Printing - Screen printing is more expensive than other printing techniques as it utilizes different coloured inks, and not printing a large quantity of goods at once make it a labor-intensive procedure. Moreover, it is also an expensive kind of art as people have to pay the artist for their time if they are not doing the work by themselves. Therefore, the demand for screen printing is expected to get hampered as many people struggle with the budget required for screen printing.
  • Regulations on the Usage of Volatile Organic Chemicals
  • Competition Faced by the Availability of other Printing Methods

Screen Printing Inks Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~8%

Base Year Market Size (2023)

~ USD 22 Billion

Forecast Year Market Size (2036)

~ USD 72 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Screen Printing Inks Segmentation

End-Use Material (Ceramics, Plastics, Paper, Glass, Fabrics)

The fabrics segment is estimated to hold around 36% share of the global screen printing inks market during the forecast year. Water-based, non-toxic, and non-flammable fabric screen inks are widely available for fabric painting mostly available in the form of dyes and pigments to offers artists vivid colors, excellent coverage, and constant workability. Moreover, screen printing inks can be heat-set to cloth to make them permanent, they are also entirely washable and dry cleanable and are ideal for printing on a variety of textiles, such as cotton, polyester, mixes, linen, rayon, and other synthetic materials.

Type (UV Cured, Water Based, Solvent Based)

Screen printing inks market from the UV cured segment is set to garner a notable share shortly. Screen printing UV ink is a high-performance, ultraviolet-curable technology that is both chemical and abrasion resistant, and are indelible, film-like inks that cannot be removed with alcohol or the shower. They are smudge-resistant, and are in stark contrast: for enhancing readability by collecting and reflecting light.

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

          Type

  • UV Cured
  • Water Based
  • Solvent Based

          End-Use Material

  • Ceramics
  • Plastics
  • Paper
  • Glass
  • Fabrics

          Application

  • Labels & Packaging
  • Commercial Printing
  • Publication

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Screen Printing Inks Industry- Regional Synopsis

APAC Market Forecast

Screen printing inks market in Asia Pacific is predicted to account for the largest share of 46% by 2036 impelled by the rising urbanization. Since China and India have adopted a mixed economy, they are being swiftly overtaken by urbanization and in 2021, over 63% of Chinese people and more than 35% of Indian people, respectively, lived in urban regions.

Moreover, urbanization provides a larger market and better commercial opportunities, which opened new doors for trade and commerce as a result of which more and more businesses are entering the retail industry. This is expected to significantly drive the demand for screen printing inks in the region as it is simple to use and can be used in most clothing in the retail industry. According to estimates, more than 42% of the population will live in urban areas by the middle of the year in 2035.

North American Market Statistics

The North America screen printing inks market is estimated to be the second largest, during the forecast timeframe led by growing trend of DIY (Do It Yourself) culture. The DIY culture in the United States has grown overtime compared to other regions of the world. As a result, the region may witness a huge demand for screen printing inks since it is an age-old art form of screen printing, which can bring images to life on varied surfaces, and is safe to use for projects both at home and in classrooms. According to a survey conducted in 2021 it was found that over 75% of American homeowners said they had finished at least one do-it-yourself home renovation project in the previous year.

Research Nester
Screen Printing Inks Market Size
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Companies Dominating the Screen Printing Inks Market

top-features-companies
    • 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

In the News

  • Marabu GmbH & Co. KG acquired ICON Inks to increase the range of products, improve customer centricity and service broaden the scope of its textile printing, and intensify its focus on water-based products.
  • Flint Group introduced ONECode solvent-based ink to be used for sterilizing work as well as surface, medium, and high-performance laminating flexible packaging printing, and to address many of the efficiency issues faced by flexible packaging converters. Furthermore, the product provides a streamlined approach to ink management and also offers benefits such as the integration of a PU-based system for premium lamination.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 3757
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising e-commerce sales and the growing VOC emissions from solvent-based inks are the major factors driving the growth of the market.

The market size of screen printing inks is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2024-2036.

The major players in the market are 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.

The fabrics segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Screen Printing Inks Market Report Scope
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