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Solvent-based Inks Market is anticipated to reach US$7.92 bn in 2024, expanding at a CAGR of 4.4%

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This review is based on the findings of a TMR report titled “Solvent-based Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024” The opportunity in the global solvent-based inks market was pegged at US$5.42 b
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Research
Solvent-based Inks Market - Global Industry Analysis,
Size, Share, Growth Trends, and Forecast 2016 - 2024
Published Date
02-Sept-2016
363 Page Report
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Press Release
Uptake of Solvent-based Inks to Increase with Growing
Popularity of Flexible Packaging, finds TMR
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Solvent-based Inks Market
REPORT DESCRIPTION
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, the market is expected to reach
1,759.5 kilo tons by 2024 at a 2.9% CAGR from 2016 to 2024. By type of printing, lithographic printing led the
global solvent-based inks market in terms of revenue and is projected to amount to US$2.8 bn by the end of
the forecast period. Digital printing, on the other hand, is anticipated to register a high growth rate of 5.16%
from 2016 to 2024.
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Solvent-based Inks Market
Although vinyl inks led the solvent-based inks market in terms of revenue in 2015, the market is projected to be
dominated by epoxy inks by 2024, with cellulose inks emerging as a highly lucrative product segment. Based
on application, the packaging sector surges ahead in terms of value as well as volume. Geographically, Asia
Pacific accounted for a share of over 40% in 2015 based on revenue and is likely to retain its lead in the global
solvent-based inks market, expanding at a 4.87% CAGR during the forecast period.
Threat of Ecommerce and Online Reading Looms over Market
“The soaring demand for ink in the packaging industry is the primary factor driving the solvent-based inks
market,” the lead analyst finds. Solvent-based inks are used on a number of different surfaces and substrates
and are known for their weather-resistant properties. The rapidly growing Asia Pacific packaging sector has
been providing the market a considerable boost over the years. “The rising demand for flexible packaging in
the food and beverages as well as healthcare industries also serves as a growth booster for the solvent-based
inks market,” adds the analyst.
Significant growth in the digital printing industry in recent years is also projected to translate into a rising
demand for solvent-based inks, TMR finds.
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On the other hand, the enforcement of strict environmental regulations curtailing the use of various inks in the
food and beverages sector is a key deterrent to the growth of the global market. In addition, the rising demand
for UV-cured inks and the boom of e-commerce and online reading also pose a moderate threat to the solventbased inks market.
This review is based on the findings of a TMR report titled “Solvent-based Inks Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024”
Solvent-based Inks Market: By Product Type
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Solvent-based Inks Market
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Vinyl Inks
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Vinyl-Acrylic Inks
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Epoxy Inks
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Polyurethanic Inks
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Cellulose Inks
Solvent-based Inks Market: By Printing Type
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Lithographic
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Gravure
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Flexographic
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Screen-printing
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Letter-press
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Digital
Solvent-based Inks Market: By Application
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Packaging
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Books & catalog
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Advertising
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Tags & Labels
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Office Stationery
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Magazines
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Newspaper
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Others
Solvent-based Inks Market: By Region
North America
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U.S.
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Canada
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Solvent-based Inks Market
Europe
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UK
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France
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Germany
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Spain
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Italy
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Rest of Europe
Asia Pacific
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China
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Japan
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India
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ASEAN
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Rest of Asia Pacific
Middle East & Africa
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GCC
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Egypt
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South Africa
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Rest of Middle East and Africa
Latin America
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Brazil
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Mexico
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Rest of Latin America
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Solvent-based Inks Market
TABLE OF CONTENT
Section 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
1.3 Research Objectives
1.4 Key Questions Answered
Section 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Abbreviations Used
2.3 Research Methodology
Section 3 Executive Summary
3.1 Global Solvent based Inks Market Size, by Market Value (US$ Mn) and Market Value Share, by Region
3.2 Key Trends
Section 4 Market Overview
4.1 Product Overview
4.2 Market Indicators: Global Solvent based Inks
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4.3 Drivers, Restraints & Opportunities
4.4 Global Solvent based Inks Market Analysis and Forecasts, 2016 – 2024
4.5 Global Solvent based Inks Demand-Supply & Price Trend Analysis and Forecasts, 2014 – 2024
4.6 Porter’s Five Force Analysis
4.7 Value Chain Analysis
Section 5 Global Solvent based Inks Market Analysis and Forecasts, By Printing Type
5.1 Key Findings
5.2 Introduction
5.3 Key Trends
5.4 Market Size (US$ Mn) (Kilo Tons) Forecast By Printing Type
5.4.1 Lithographic
5.4.2 Gravure
5.4.3 Flexographic
5.4.4 Screen-printing
5.4.5 Letterpress
5.4.6 Digital
5.5 Printing Type Comparison Matrix
5.6 Market Attractiveness Analysis by Printing Type
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Section 6 Global Solvent based Inks Market Analysis and Forecasts, By Product Type
6.1 Key Findings
6.2 Introduction
6.3 Key Trends
6.4 Market Size (US$ Mn) (Kilo Tons) Forecast By Product
6.4.1 Vinyl Inks
6.4.2 Vinyl-Acrylic Inks
6.4.3 Epoxy Inks
6.4.4 Polyurethanic Inks
6.4.5 Cellulose Inks
6.5 Product Comparison Matrix
6.6 Market Attractiveness Analysis by Product Type
Section 7 Global Solvent based Inks Market Analysis, By Application
7.1 Key Findings
7.2 Introduction
7.3 Key Trends
7.4 Market Size (US$ Mn) (Kilo Tons) Forecast By Application
7.4.1 Packaging
7.4.2 Books & Catalogue
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7.4.3 Advertising
7.4.4 Tags & Labels
7.4.5 Office Stationery
7.4.6 Magazines
7.4.7 Newspaper
7.4.8 Other
7.5 Application Comparison Matrix
7.6 Market Attractiveness Analysis by Application
Section 8 Global Solvent based Inks Market Analysis, By Region
8.1 Global Regulatory Scenario
8.2 Solvent based Inks Market Forecast by Region (By Volume)
8.3 Solvent based Inks Market Forecast by Region (By Value)
8.4 Price Trend Analysis
8.5 Market Attractiveness Analysis, By Region
Section 9 North America Solvent based Inks Market Analysis
9.1 Key Findings
9.2 North America Market Trends
9.3 North America Solvent based Inks Market Overview
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9.4 North America Market Value Share Analysis, By Printing Type
9.5 North America Market Value Share Analysis, By Product
9.6 North America Market Value Share Analysis, By Application
9.7 North America Market Attractiveness Analysis
9.7.1 By Printing Type
9.7.2 By Product
9.7.3 By Application
9.8 North America Market Value Share Analysis, By Country
9.8.1 U.S. Solvent based Inks Market Analysis
9.8.2 Canada Solvent based Inks Market Analysis
Section 10 Europe Solvent based Inks Market Analysis
10.1 Key Findings
10.2 Europe Market Trends
10.3 Europe Solvent based Inks Market Overview
10.4 Europe Market Value Share Analysis, By Printing Type
10.5 Europe Market Value Share Analysis, By Product
10.6 Europe Market Value Share Analysis, By Application
10.7 Europe Market Attractiveness Analysis
10.7.1 By Printing Type
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10.7.2 By Product
10.7.3 By Application
10.8 Europe Market Value Share Analysis, By Country
10.8.1 U.K. Solvent based Inks Market Analysis
10.8.2 France Solvent based Inks Market Analysis
10.8.3 Germany Solvent based Inks Market Analysis
10.8.4 Spain Solvent based Inks Market Analysis
10.8.5 Italy Solvent based Inks Market Analysis
10.8.6 Rest of Europe Solvent based Inks Market Analysis
Section 11 Asia Pacific Solvent based Inks Market Analysis
11.1 Key Findings
11.2 Asia Pacific Market Trends
11.3 Asia Pacific Solvent based Inks Market Overview
11.4 Asia Pacific Market Value Share Analysis, By Printing Type
11.5 Asia Pacific Market Value Share Analysis, By Product
11.6 Asia Pacific Market Value Share Analysis, By Application
11.7 Asia Pacific Market Attractiveness Analysis
11.7.1 By Printing Type
11.7.2 By Product
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11.7.3 By Application
11.8 Asia Pacific Market Value Share Analysis, By Country
11.8.1 China Solvent based Inks Market Analysis
11.8.2 Japan Solvent based Inks Market Analysis
11.8.3 India Solvent based Inks Market Analysis
11.8.4 ASEAN Solvent based Inks Market Analysis
11.8.5 Rest of Asia Pacific Solvent based Inks Market Analysis
Section 12 Middle East & Africa (MEA) Solvent based Inks Market Analysis
12.1 Key Findings
12.2 Middle East & Africa (MEA) Market Trends
12.3 Middle East & Africa (MEA) Solvent based Inks Market Overview
12.4 Middle East & Africa (MEA) Market Value Share Analysis, By Printing Type
12.5 Middle East & Africa (MEA) Market Value Share Analysis, By Product
12.6 Middle East & Africa (MEA) Market Value Share Analysis, By Application
12.7 Middle East & Africa (MEA) Market Attractiveness Analysis
12.7.1 By Printing Type
12.7.2 By Product
12.7.3 By Application
12.8 Middle East & Africa (MEA) Market Value Share Analysis, By Country
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12.8.1 GCC Solvent based Inks Market Analysis
12.8.2 Egypt Solvent based Inks Market Analysis
12.8.3 South Africa Solvent based Inks Market Analysis
12.8.4 Rest of Middle East & Africa (MEA) Solvent based Inks Market Analysis
Section 13 Latin America Solvent based Inks Market Analysis
13.1 Key Findings
13.2 Latin America Market Trends
13.3 Latin America Solvent based Inks Market Overview
13.4 Latin America Market Value Share Analysis, By Product
13.5 Latin America Market Value Share Analysis, By Application
13.6 Latin America Market Attractiveness Analysis
13.6.1 By Printing Type
13.6.2 By Product
13.6.3 By Application
13.7 Latin America Market Value Share Analysis, By Country
13.7.1 Brazil Solvent based Inks Market Analysis
13.7.2 Mexico Solvent based Inks Analysis
13.7.3 Rest of Latin America Solvent based Inks Market Analysis
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Section 14 Company Profile
14.1 Solvent based Inks Market Share Analysis By Company (2015)
14.2 Competition Matrix
14.3 Key Players
14.3.1 Tokyo Printing Ink Mfg. Co. Ltd.
14.3.1.1. Company Description
14.3.1.2. Business Overview
14.3.1.3. SWOT Analysis
14.3.1.4. Financial Details
14.3.1.5. Strategic Overview
14.3.2 Dainichiseika Color & Chemicals Mfg. Co., Ltd.
14.3.2.1. Company Description
14.3.2.2. Business Overview
14.3.2.3. SWOT Analysis
14.3.2.4. Financial Details
14.3.2.5. Strategic Overview
14.3.3 Sun Chemical Corporation
14.3.3.1. Company Description
14.3.3.2. Business Overview
14.3.3.3. SWOT Analysis
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14.3.3.4. Financial Details
14.3.3.5. Strategic Overview
14.3.4 Flint Group
14.3.4.1. Company Description
14.3.4.2. Business Overview
14.3.4.3. SWOT Analysis
14.3.4.4. Strategic Overview
14.3.4.5 Recent Developments
14.3.5 Toyo Ink SC Holdings Co., Ltd.
14.3.5.1. Company Description
14.3.5.2. Business Overview
14.3.5.3. SWOT Analysis
14.3.5.4. Financial Details
14.3.5.5. Strategic Overview
14.3.6 Lawter Inc.
14.3.6.1. Company Description
14.3.6.2. Business Overview
14.3.6.3. SWOT Analysis
14.3.6.4. Financial Details
14.3.6.5. Strategic Overview
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14.3.7 Yansefu Inks and Coatings Pvt. Ltd.
14.3.7.1. Company Description
14.3.7.2. Business Overview
14.3.8 Siegwerk Druckfarben AG & Co. KGaA
14.3.8.1. Company Description
14.3.8.2. Business Overview
14.3.8.3. SWOT Analysis
14.3.8.4. Financial Details
14.3.8.5. Strategic Overview
14.3.9 Sakata INX Corporation
14.3.9.1. Company Description
14.3.9.2. Business Overview
14.3.9.3. SWOT Analysis
14.3.9.4. Financial Details
14.3.9.5. Strategic Overview
14.3.10 Huber Group
14.3.10.1. Company Description
14.3.10.2. Business Overview
14.3.10.3. SWOT Analysis
14.3.10.4. Recent Developments
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14.3.10.5. Strategic Overview
4.3.11 Zeller+Gmelin GmbH & Co. KG
14.3.11.1. Company Description
14.3.11.2. Business Overview
14.3.11.3. SWOT Analysis
14.3.11.4. Recent Developments
14.3.11.5. Strategic Overview
14.3.12 ALTANA AG
14.3.12.1. Company Description
14.3.12.2. Business Overview
14.3.12.3. SWOT Analysis
14.3.12.4. Financial Details
14.3.12.5. Strategic Overview
14.3.13 Wikoff Color Corporation
14.3.13.1. Company Description
14.3.13.2. Business Overview
14.3.14 SICPA Holding SA
14.3.14.1. Company Description
14.3.14.2. Business Overview
14.3.14.3. SWOT Analysis
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Solvent-based Inks Market
14.3.14.4. Recent Developments
14.3.14.5. Strategic Overview
14.3.15 Fujifilm Sericol India Private Limited
14.3.15.1. Company Description
14.3.15.2. Business Overview
14.3.15.3. SWOT Analysis
14.3.15.4. Recent Developments
14.3.15.5. Strategic Overview
14.3.16 Royal Dutch Printing Ink Factories Van Son
14.3.16.1. Company Description
14.3.16.2. Business Overview
14.3.16.3. SWOT Analysis
14.3.16.4. Recent Developments
14.3.16.5. Strategic Overview
14.3.17 T&K TOKA CO., LTD
14.3.17.1. Company Description
14.3.17.2. Business Overview
14.3.17.3. SWOT Analysis
14.3.17.4. Financial Details
14.3.17.5. Strategic Overview
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Solvent-based Inks Market
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