The increasing popularity of ultraviolet (UV)-cured inks across the globe and the flourishing packaging industry are some of the major factors responsible for the growing demand for printing inks across the world. In the packaging industry, printing inks are being increasingly adopted in various applications such as metal cans, flexible materials, and tags and labels. Furthermore, the rising awareness regarding the incorporation of flexible printing products in directories, magazines, catalogs, inserts, and periodicals are significantly boosting the need for printing inks all over the world.

 

UV-cured printing inks have numerous advantages such as low heat generation, high energy efficiency, zero ozone generation, and long service life, owing to which, they are being increasingly adopted in several sectors throughout the world. Various companies such as Siegwerk Druckfarben AG & Co. KGaA and Flint Group are focusing on the development of environment-friendly and innovative printing ink solutions such as UV-cured and water-based inks in order to ensure shorter production times and optimal efficiency.

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Due to the above-mentioned factors, the global printing inks market is expected to exhibit huge growth in the coming years. Printing inks are extensively adopted in commercial printing, labels and packaging, and publication industries. Amongst these, the labels and packaging industry has been registering the significant usage of printing inks over the last few years. There are different types of printing inks available in the market— lithographic inks, gravure inks, flexographic inks, letterpress inks, and digital inks. Out of these, the utilization of lithographic inks was found to be very high in the past.

Across the globe, India and China are predicted to register huge demand for printing inks in the upcoming years. This is primarily attributed to the rising requirement of printing inks in various industries such as decorative printing, publication and commercial printing, and packaging industries in these countries. On the other hand, the usage of printing inks is expected to rise at a moderate rate in North America in the forthcoming years. In this region, the U.S. is expected to observe the highest sales of printing inks over the coming years.