Global Digital Inks Market 2021 (Includes Business Impact of COVID-19)

  • TBI159217
  • September 16, 2021
  • Global
  • 149 pages
  • Market.US
                                          

Report updated on 11th September, 2021: Global Digital Inks Market 2021 (Includes Business Impact of COVID-19)

Global Digital Inks Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2030 is a recent report generated by Trusted Business Insights. The global digital inks market report has been segmented as per formulation, substrate, application, and region. Request Covid - 19 Impact The global Digital Inks market size was valued at USD $2.89 billion in 2020 and is projected to reach $6.94 billion by 2030, and is anticipated to expand at a CAGR of 9.15% over the forecast period from 2020 to 2030.

Global Digital Inks Market: Overview

The digital inks are mainly used to print the digital image directly onto a variety of media using laser printers or high-volume inkjet. There are two types of digital inks such as electrographic inks and inkjet inks. These types of inks primarily used in computer printouts and labels. The basic raw materials used in the production of digital inks including various petrochemicals-derived products such as carbon black, mineral oils, intermediates, solvents, and resins. In addition, digital inks offer superior and high-speed print quality for graphics, text, and images. The digital inks are mainly used for various applications such as variable data printing, desktop publishing, advertising, and fine art.

Global Digital Inks Market: Dynamics

Increasing demand for digital inks in multiple applications among various industries such as packaging, restaurants and food services, ceramic tiles, and others across the globe. This is a key factor projected to boost the growth of the target market over the forecast period. In addition, increasing adoption of digital imaging across the globe and growing demand for UV curable inks among several industries in developed and developing countries these are major factors expected to proliferate growth of the global digital inks market. Increasing adoption of the digital textile printing inks in the textile industry and growing awareness about various advantages of digital inks such as enhanced image stability, customization, limited turn-around time, and high-quality prints. This result in a growing demand for digital inks among various industries is a key factor forecasted to support growth of the global market during the forecast period. In addition, rising preference for eco-friendly digital printing in many regions of the globe and the increasing popularity of piezo printing technology among individuals are other factors expected to drive growth of the global market. Furthermore, rising investment in R&D activities and high focus on innovative printing solutions among major digital inks manufacturers are among some of the major factors expected to propel growth of the global market in the next 10 years. However, stringent government regulations for the usage of toxic metals and inorganic solvents is key factor projected to hamper growth of the global market.

Global Digital Inks Market: Segment Analysis

Increasing preference for solvent-based digital inks in many regions of the globe due to its cost-effectiveness and are widely used in ceramics tiles printing, packaging, and advertising and promotion applications. This is the primary factor driving the revenue growth of the solvent-based segment among the formulation segments. Among the application, the advertising and promotion segment is projected to register the highest growth in the global digital inks market, owing to the high adoption of digital inks in the advertising and promotion sector. In addition, increasing awareness about various advantages associated with it such as flexibility, cost-effective, and high quality helps to support the growth of this segment.

Global Digital Inks Market: Region Analysis

The Asia Pacific digital inks market expected to grow at the highest revenue share in the global market over the forecast period, owing to rising digitalization and rapid urbanization in the countries such as India and China in this region. The market in North America is projected to register significant growth in the global market followed by the market in Europe, owing to high adoption of digital inks in advertising and promotion application and expanding packaging sectors in the countries such as Canada, US, France, Italy, and Germany in these regions. The market in Latin America and Middle East & Africa are forecasted to witness moderate growth in the target market, owing to the growing textile sector and rise in digitization in the countries in these regions. Patent Number: EP2843011A1 Digital enamel ink Abstract The present invention relates to a digital enamel ink, to the method for the preparation thereof and to the use of the digital enamel ink for functional and/or decorative coating of a ceramic and/or metallic material. Application filed Date: 2013-04-08 Application granted: 2018-05-02 Current Assignee: Esmalglass Sau Patent Number: US20080122880A1 Digital printing system Abstract Systems and methods for digitally printing images onto substrates are provided using digital inks and catalysts which initiate and/or accelerate curing of the inks on the substrates. The ink and catalyst are kept separate from each other while inside the heads of an inkjet printer and combine only after being discharged therefrom. The system produces high-quality, high-resolution images on substrates that may not normally receptive to low-viscosity digital inks. Application filed Date: 2006-11-08 Application granted Date: 2012-01-10 Current Assignee: Kornit Digital Ltd Patent Number: US20110012954A1 Solvent-based inkjet ink formulations Abstract Solvent-based inkjet ink formulations including an organic solvent, a resin, a surfactant, and a colorant are provided. The inks have many desirable attributes such as extended decap time. Application filed Date: 2010-07-20 Application granted: 2014-07-15 Current Assignee: Markem Imaje Corp

Global Digital Inks Market Segmentation:

Segmentation by Formulation:
  • UV-Cured
  • Water-Based
  • Solvent-Based
Segmentation by Substrate:
  • Ceramics and Glass
  • Paper
  • Plastics
  • Textiles
Segmentation by Application:
  • Clothing and Household Textiles
  • Advertising and Promotion
  • Publication
  • Packaging
  • Others (Ceramic Tiles Printing and Glass Printing)

Key Market Players included in the report:

  • Bordeaux Digital Printink Ltd.
  • Cabot Corporation
  • Fujifilm Holdings Corporation
  • INX International Ink Co.
  • JK Group (Italy)
  • Kornit DigitalMarabu GmbH & Co. KG
  • Marabu
  • Nazdar Company (US),
  • Nutec Digital Ink,
  • Sensient Imaging Technologies
  • Siegwerk Druckfarben AG & Co. KGaA
  • Sun Chemical (US)
  • Toyo Ink SC Holdings Co. (Japan)
  • Wikoff Color Corporation.

Below are the key development related to Digital Inks Market in 2020 and 2021.

June 2020: Sun Chemical Acquires Sensient Imaging Technologies Digital Inkjet Inks Business. Sun Chemical and its parent company, DIC Corporation, have entered into a definitive agreement to acquire 100% of the shares of Sensient Imaging Technologies and certain other assets related to the production of inks. The transaction is expected to be finalized in the second quarter of 2020. The strategic investment in Sensient Imaging Technologies, a supplier of digital inks, will allow Sun Chemical and DIC to expand its inkjet ink capabilities and expertise using complementary technologies that will further strengthen the highest standards of services and solutions to its customers and distributor partners. Inkjet is a strategic segment for Sun Chemical and DIC, and the investment in Sensient Imaging Technologies will demonstrate Sun Chemical and DIC’s commitment to the digital segment. Source  

Table of Contents
Chapter 1. Methodology and Scope                  1.1. Research Methodology                  1.2. Research Scope & Assumptions                  1.3. List of Data SourcesChapter 2. Executive SummaryChapter 3. Global Digital Inks Market Outlook                  3.1. Market Segmentation                  3.2. Market Size and Growth Prospects, 2016 - 2027                  3.3. Value Chain Analysis                  3.4. Market Dynamics                      3.4.1. Market driver analysis                      3.4.2. Market restraint analysis        
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