Research Nester published a report titled “Screen Printing Inks Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global screen printing inks marketin terms of market segmentation by type, end-use material, application, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global screen printing inks market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022-2030. The market is segmented on the basis of end-use material, into ceramics, textiles, plastics, paper, glass, and others. Out of these, the plastic segment is estimated to gain notable share over the forecast period as screen printing is durable and long lasting. Moreover, it is easier to print on plastics using screen printing, than digital or other printing methods. Such factors are estimated to boost the growth of the segment.
The global screen printing inks market is estimated to grow on the back of increasing demand for screen printing, backed by various advantages of this method, such as, higher durability and resilience. Moreover, the growing investment in the print advertising by various private and public sector companies, is anticipated to boost the market growth. It is observed that more than USD 52 million were spent by public as well as private companies, on print advertising globally, as of 2021. Additionally, the various features of screen printing ink, such as thickness, brightness, and stability, are estimated to boost the market growth.
Regionally, the global screen printing inks market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is projected to attain significant growth over the forecast period, on the back of the growing demand for printing inks amongst various manufacturers in the region. For instance, it is observed that the printing ink manufacturing generated a revenue of approximately USD 4,380 million in the U.S. in 2018.
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The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Greater Durability of Screen Printing Inks to Boost the Market Growth
Screen printing is the most effective method of printing on uneven and variety of surfaces, such as, glass, ceramic, textile, paper, plastic, and others. The higher durability of screen printing inks is estimated to majorly drive the market growth, as long lasting ink is preferable amongst the end-users. Moreover, this ink provides a better coverage on uneven spots, which is further projected to propel the market growth.
However, high cost of screen printing which is expected to operate as key restraint to the growth of global screen printing inks marketover the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global screen printing inks marketwhich includes company profiling of Marabu GmbH & Co. KG, Flint Group, Sun Chemical, Hubergroup, Inc., Fujifilm Specialty Ink Systems Ltd., Toyo Ink Co., Ltd., Siegwerk Druckfarben AG & Co. KGaA, Nazdar Company Inc., and The Dow Chemical Company. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global screen printing inks marketthat will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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