Title: Ink Additives Market 2019 Industry, Analysis, Share, Growth, Trends, Supply Forecast to 2023
1Ink Additives Market Research Report - Forecast
to 2023
Industry Survey, Growth, Competitive
Landscapeand Forecasts to 2023
2Ink Additives Market Research Report- Forecast to
2023
Ink Additives Market - Overview
- Ink Additives are used to maximize the service
life of printing ink. It allows easier and
high-performance ink formulation to deliver
clear, visual, and long-lasting printing
solution. It offers color strength, light
resistance, stability, gloss, and abiding
properties. - According to MRFR analysis, the Global Ink
Additive Market was valued at USD 1.37 billion in
2017 and is expected to reach USD 2.06 billion by
the end of 2023 with a CAGR of 5.7 during the
forecast period, 2018-2023. The demand for Ink
additives is expected to drive significantly in
the packaging application. The flexographic
process for packaging offers rub resistance,
friction and blocking reduction, and trapping
benefits. The product has enough potential to
sustain for long-time due to increasing use of
corrugated boxes. Distribution channels further
supports the market growth with a growing
e-commerce business. However, the rising concern
of toxicity in ink chemicals restrain the market
during the forecast period. Global Ink Additives
Market has opportunity to develop green products
to mitigate the future challenges. The product
demand in Asia-Pacific is gradually rising with a
demand of high-performance ink for end-use
applications expected to drive the market growth
during the assessment period.
3Ink Additives Market Research Report- Forecast to
2023
Segmental Analysis
The Global Ink Additives Market has been
segmented on the basis of Types, Process,
Technology, Application and Region. Based on
Types, the Global Ink Additives Market has been
divided into rheology modifiers, foam control
additives, dispersing wetting agents, slip/rub
materials, and others. By Process, the Global Ink
Additives Market has been categorized as
flexographic, lithographic, gravure, and digital
among others. Based on Technology, the Global Ink
Additives Market has been categorized as
solvent-based, water-based, and others. On the
basis of Application, the Global Ink Additives
Market has been categorized as packaging,
publishing, and commercial printing. Packaging
application further classified in rigid,
flexible, labels tags, and others. Similarly,
publishing application is further sub-segmented
into newspaper, magazines, and others. View Full
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4Ink Additives Market Research Report- Forecast to
2023
Regional Outlook
Asia-Pacific is the prominent consumer of Ink
Additives due to highly consumption of printing
inks in packaging for rigid and flexible
applications. The low-cost solvent based
technology is more popular in the region.
Solvent-based ink improves the scratch and rub
resistance of the printing surface. Japan is the
leading country for the innovation of printing
inks and hence develops advanced Ink Additives
for various applications. China is the major
consumers of the product in the region and is
expected to lead the market over next decade. The
US is anticipated to lead the market in North
America owing to the increasing demand of product
for food packaging solutions. Recently, In
January 2019, Evonik Industries acquired
Structured Polymer Inc. in the US for 3D printing
material. The company planned to use polymers in
ink additive manufacturing to innovate the
product. European countries, such as Germany,
France, and Italy collectively accounted for the
majority of market share of European market share
in 2017. Most of these countries are increasing
the demand for low VOC Ink Additives for
packaging applications. Ink Additives Market in
Latin America and Middle East Africa are
estimated to witness substantial growth during
the forecast period.
5Ink Additives Market Research Report- Forecast to
2023
Major Players in this Research
- Ink Additives Market Prominent Players
- BASF SE (Germany)
- Evonik Industries (Germany)
- ALTANA AG (Germany)
- Shamrock Technologies (US)
- Harima Chemicals Group (Japan)
- Solvay S.A (Belgium)
- Lubrizol (US)
- Croda International Plc. (UK)
- Allnex (Germany)
- Clariant (Switzerland)
- Polyone Corporation (US)
- Raybo Chemical Company (US) and Honeywell
International Inc. (US)
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