Technavio expects global liquid waterborne printing inks market to surpass $2 billion by 2019

Renewable energy

 

This market research report presents a comprehensive segmentation of the global liquid waterborne printing inks by end users (packaging, publishing, and promotion), by printing process (flexography and gravure), substrate type (films and paper and paperboard), and by geography (Americas, APAC, and EMEA). The report provides a market share analysis of the leading companies in the market such as Flint Group, Sakata, Sun Chemical, and Tokyo Ink.

Technavio has released its new market research report, global liquid waterborne printing inks market, which is expected to grow at a CAGR of 5% between 2015 and 2019. The stringent regulations regarding high volatile organic compound (VOC) inks have been driving the growth of this market. EMEA leads the global market for liquid waterborne printing inks, accounting for 40% of the overall market revenue. The stringent regulations imposed by the EU on the printing industry regarding printing inks containing high VOC content has fuelled the growth of the market in this region. The consumption of liquid waterborne printing inks in the European region is largely from the printing industry in Western Europe, led by France, Germany, and Italy.

“Of late, the market is witnessing several advancements in the water-based printing process. These water-based inks are being used for various challenging flexible packaging operations in the food industry. For instance, the Flint Group introduced the Premo Film SXS printing ink that can be used in the flexographic printing process on non-absorbent oriented polypropylene and polyethylene substrates for packaging applications,” says Debasish Nayak, Lead Analyst, Chemicals & Materials, Technavio Research.

Liquid waterborne printing inks are extensively used in the printing industry on paper and paperboard substrates through the flexographic printing process, as a result of these substrates’ absorbent nature. The flexography process account for 82% of the consumption share. The major end-uses of flexographic printing process includes printing on corrugated board cartons, flexible packaging, bags and sacks, labels, shrink sleeves, folding cartons, newspapers, and envelopes among others.

The key vendors in the global liquid waterborne printing inks market include Flint Group, Sakata, Sun Chemical, and Tokyo Ink. This market is fragmented and has several regional as well as global players. The market is highly competitive and is witnessing price wars among vendors. The report predicts the market to experience a rise in consolidations during the forecast period.

A more detailed analysis is available in the Technavio report, Global Liquid Waterborne Printing Inks Market 2015-2019.

We can customize this reports by other regions and specific segments upon request.

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