Screen Printing Inks Market Size

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.