Green Dynamics: New Report on the Global Printing Inks Market
Green Printing: Water-Based and Radiation-Curing Inks Profit
Growing health and environmental awareness is leading to the development of new printing inks and processing methods, for example the use of UV and other radiation-curing printing inks. Complete curing prevents photoinitiators from being released by low-migration UV inks. More and more effective barrier layers are being integrated in packaging to prevent the migration of printing inks. While the demand for conventional solvent-based products is declining, the market for modern, energy-saving inks low in harmful substances is developing dynamically.
Inkjet for Fast Digital Printing
There is a trend towards smaller circulations, a higher number of printing orders, and personalized contents in an ever shorter time which favors digital printing (inkjet and electrophotography) that enables enormous time savings due to a fast production, adaption, and transmission. Digital printing systems can demonstrate their strengths in the case of job printing of advertising inserts and other occasional printed materials. Digital printing is also gaining ground in letterpress, label printing, and other packaging applications, especially since steel, aluminum, and plastics can now also be printed on. The technological progress is constantly increasing the quality and speed, while the costs are declining: Digital printing is becoming competitive in more and more application areas. Global market for inkjet printing inks reached a volume of about 109,000 tonnes in 2018.
Growth Driver Packaging Printing
Packaging printing is gaining importance for manufacturers of printing inks: There is no digital replacement for packaging. The packaging volume even increases. The labeling obligations become stricter. Internet trade strengthens the demand for shipping packaging. Per capita packaging demand is still very low in parts of Asia and South America, in the Middle East, and also in Africa – however, it is growing rapidly.
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