Screen Printing Inks Market Trends

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)

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 Trends