Global Solvent-Based Inks Market Is Anticipated to Reach Us$7.92 Bn in 2024, Expanding at a Cagr of 4.4% from 2016-2024

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Solvent-based Inks Market - Global Industry Analysis,

Size, Share, Growth Trends, and Forecast 2016 - 2024

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Uptake of Solvent-based Inks to Increase with Growing

Popularity of Flexible Packaging, finds TMR

Transparency Market Research

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Solvent-based Inks Market


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...