The waterborne ink market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to reach at an estimated value of USD 7,966.1 million by 2028 and grow at a CAGR of 7.4% in the above-mentioned forecast period.
Waterborne ink (also referred as water-based ink) contains dyes or pigments in colloidal suspension with water as solvent and other co-solvents to reduce heat and time necessary to cure the ink films on fabric. It contains 60% water or other solvents, 20% resin, 15% colorant and 5 % additives.
The factors such as growing demand for flexible packaging in the sector has spurred the use of printing inks and rising demand for waterborne inks across various end-use industries such as publication and paper and packaging are the root cause fueling up the market growth rate. Additionally, the various beneficial features offered by these composite materials such as flow behavior, color, gloss, good surface appearance, performance and others will further carve the way for the growth of market. However, stringent governmental regulations to eradicate use of VOC in industrial sector impede growth of the waterborne ink market.
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Scope of the Waterborne Ink Market Report:
The waterborne ink market is segmented on the basis of function, process and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of function, the market is segmented into acrylic, maleic, polyester, others.
- On the basis of process, the waterborne ink market has been segmented as flexography, gravure, digital, others.
- On the basis of application, the market has been segmented as packaging, publication, flyers and brochures.
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Some of the major players operating in the waterborne ink market report are flintgrp, FUJIFILM Corporation, Sun Chemical, Toyo Ink SC Holdings Co., Ltd., Yipsink, Doneck Euroflex S.A., T&K TOKA Corporation, Siegwerk Druckfarben AG & Co. KGaA, corporate.evonik, kaocollins, Huber Group, Wikoff Color Corporation, Doneck Euroflex S.A., Sakata Inx (India) Private Limited, Wikoff Color Corporation, Sebek Inks, Dolphin Inks, The Sherwin-Williams Company, DOW, BCM Inks among others.
Waterborne Ink Market Regional Analysis/Insights
The Waterborne Ink market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Waterborne Ink market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Waterborne Ink within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Waterborne Ink market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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