Market Study: Printing Inks - World


The rapid ascent of online printing plants such as "flyeralarm" illustrates the changes the printing industry has been subjected to for several years now. Digital printing can serve customers in increasing numbers of segments in less time and more efficiently than traditional printing processes could. Besides substitution effects between the particular printing processes, especially publication printing is exposed to a high competition with digital publishing processes. A complex structure of factors influences the development of the market for printing inks. Within this study, toners for electrophotography are also treated as printing inks. Analysts of Ceresana expect the worldwide market for printing inks to amount to a level of USD 25.7 billion until 2023.

Indian Market for Newspapers still Growing

The changing consumer behavior in the publication industry partly has major impacts on the printing sector. In regions where digitization has advanced considerably, circulations of newspapers, magazines, and books decreased significantly. Although there are regions that will hardly be affected by this trend in the upcoming eight years, this scenario can already be observed in large parts of Western Europe and North America and is to be expected in most countries of the world in the long term. Currently for example, only few world regions account for a noticeable growth in the segment of printed newspapers. India is an exception here: We expect demand for printing inks for newspaper printing in India to increase by 9 % p.a. in the upcoming eight years.

Packaging Printing as a Driving Force

Packaging printing gains more and more importance for manufacturers of printing inks in large parts of the world due to the weakness of publication printing. There is no digital replacement for packaging. The packaging expense rather increases per product. The labeling obligations become stricter. Trade conducted via the internet supports mail order trade and, consequently, increases the need for packaging. Overall, these are very good conditions for further growth. For example, Ceresana expects North America to increase its demand for printing inks in the segment packaging until 2023 by approx. 1.7% p.a. We expect conductive printing inks that can be used for printed electronics to gain importance for intelligent packagingin the upcoming years.

Digital Printing Enters More and More Applications

The requirements for printing plants increase constantly. There is a trend towards smaller circulations, a higher number of printing orders and personalized contents in an ever shorter time which favors digital printing that enables enormous time savings due to a fast production, adaption, and transmission. Digital printing systems can demonstrate their strengths in the case of job printing of advertising inserts and other occasional printed materials. Digital printing also starts to prevail in label printing, in other packaging applications, as well as in book and newspaper printing. This way, production and disposal of printing plates can be omitted which leads to cost and time savings. Additionally, technical progress increases printing quality and speed of this process while costs fall at the same time. Therefore, digital printing becomes competitive and cost-effective in more and more application areas. Currently, especially inkjet printing systems account for high growth rates.

UV-Curing Printing Inks Conquer the Market

Increasing environmental problems and growing environmental awareness also lead to the development of new printing inks and processing methods (e.g. "green printing"). The development of UV and other radiation curing printing inks is being promoted. Utilization of these new products increases at highly dynamic rates which comes at the expense of conventional solvent based types of ink. Efforts are made to reduce contamination caused by volatile organic compounds and to enhance characteristics such as higher stability and/or heat resistance, improved cleaning properties and reduced flammability. Water based printing inks also gain market shares compared to solvent based products. Application of UV-curing printing inks will presumably increase by more than 13 % p.a. in the coming years.

The Study in Brief:

Chapter 1 provides a presentation and analysis of the market for printing inks – including forecasts up to 2023: revenues development as well as production and consumption volumes are analyzed for each individual region. Revenues figures are given in billion US dollars and euros, all other figures are given in 1,000 tonnes.

Chapter 2 examines the 17 largest countries of the market in more detail. Data on demand, revenues, production, import, and export of printing inks is provided. Demand is split by the printing processes offset, gravure, flexography, digital printing and other printing processes and analyzed in detail. Furthermore, demand for printing inks is split by 6 application areas.

Chapter 3 analyzes the application areas of printing inks in particular on a country and regional basis. The following applications are considered separately: "Newspaper", "books", "magazines", "commercial printing", "packaging", as well as the aggregate "other applications".

Chapter 4: Demand for printing inks split by printing processes is given here. Data on demand development is analyzed for the 6 regions Western Europe, Eastern Europe, North America, South America, Asia-Pacific, and the Middle East & Africa.

Chapter 5 provides profiles of the largest manufacturers of printing inks – clearly arranged according to contact details, turnover, profit, product range, production sites, and profile summary. Detailed profiles of 91 manufacturers, such as Agfa Graphics N.V, Altana AG, Dainichiseika Color & Chemicals Mfg. Co., Ltd, DIC Corporation, Flint Group SA, Huber Group, Quad/Graphics, Inc., Sakata Inx Corporation, Siegwerk Druckfarben AG & Co. KGaA, TOYO INK SC Holdings Co., Ltd. are provided.

Table of Contents (abbreviated)

1 Market Data
1.1 World
1.1.1 Demand
1.1.2 Revenues
1.1.3 Production
1.2 Western Europe
1.3 Eastern Europe
1.4 North America
1.5 South America
1.6 Asia-Pacific
1.7 Middle East & Africa

2 Country Profiles

2.1 Western Europe
2.1.1 France Demand & Revenues Production & Trade
2.1.2 Germany
2.1.3 Italy
2.1.4 Spain
2.1.5 The Netherlands
2.1.6 United Kingdom
2.1.7 Other Western Europe
2.2 Eastern Europe
2.2.1 Poland
2.2.2 Russia
2.2.3 Turkey
2.2.4 Other Eastern Europe
2.3 North America
2.3.1 Canada
2.3.2 Mexico
2.3.3 USA
2.4 South America
2.4.1 Brazil
2.4.2 Other South America
2.5 Asia-Pacific
2.5.1 China
2.5.2 India
2.5.3 Japan
2.5.4 South Korea
2.5.5 Other Asia-Pacific

3 Applications
3.1 World
3.1.1 Newspaper
3.1.2 Books
3.1.3 Magazines
3.1.4 Commercial printing
3.1.5 Packaging
3.1.6 Others
3.2 Western Europe
3.3 Eastern Europe
3.4 North America
3.5 South America
3.6 Asia-Pacific
3.7 Middle East & Africa

4 Products
4.1 Offset
4.1.1 World
4.1.2 Western Europe
4.1.3 Eastern Europe
4.1.4 North America
4.1.5 South America
4.1.6 Asia-Pacific
4.1.7 Middle East / Africa
4.2 Gravure
4.3 Flexography
4.4 Digital
4.5 Others

5 Company Profiles
5.1 Western Europe
Belgium (2 Producers)
Denmark (1)
France (1)
Germany (14)
Italy (3)
Luxembourg (2)
Spain (1)
Switzerland (4)
The Netherlands (1)
United Kingdom (6)
5.2 Eastern Europe
Greece (1)
Poland (1)
Russia (1)
Slovenia (1)
5.3 North America
Mexico (1)
USA (18)
5.4 South America
Argentina (1)
Brazil (1)
5.5 Asia-Pacific
China (11)
India (5)
Indonesia (1)
Japan (8)
South Korea (4)
Taiwan (2)
5.6 Middle East
Israel (1)
Saudi Arabia (1)

List of Graphs

soon to come

List of Tables

soon to come