Global Printing Inks Industry
The global printing inks market is expected to generate revenue of more than $18 billion in 2017, according to research from Global Industry Analysts. Market growth will be driven by innovation in new segments such as inkjets and UV inks, as well as demand for greener, environmentally friendly inks. Industry players will see growth opportunities in energy-curable ink technology and radiation curing inks.
Closely linked to economic growth, the printing inks industry is set to benefit from economic recovery. Growth will, however, be moderate as the industry is still feeling the effects of rising raw material prices and the financial recession. Product development is helping industry players adapt their offerings to applications and customer needs. Pricing pressures will remain a serious issue for the industry in the near future, with expansion dependent on growth in end-use industries such as commercial publishing/printing and packaging.