Market Overview:
The Global Digital Pigment Ink Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for digital printing in various applications such as textile industry, furniture/wooden industry, consumer goods packaging and others. In addition, the growing trend of customization in printing is also fueling the demand for digital pigment ink globally. On the basis of type, micron ink segment is expected to hold a dominant position in global digital pigment ink market during forecast period owing to its superior quality and high performance as compared to other types of ink available in market. On the basis of application, textile industry segment is anticipated to witness highest growth rate over next decade due rising demand for printed fabrics across globe.
Product Definition:
Digital Pigment Ink is a type of ink that is used in digital printers. It is important because it produces high-quality prints and it resists fading over time.
Micron Ink:
The ink is made up of fine particles of polymeric substances, which are suspended in a carrier fluid. The most commonly used carriers include water and oil-based solvents. However, the technology is being increasingly adopted in other solvents such as alcohols and glycol ethers due to their eco-friendly nature.
Inkjet printing has been around for more than two decades but only recently has it started to gain widespread acceptance by manufacturers & consumers alike.
Nanoscale Ink:
Nanoscale ink is a new technology that enables the pigment inks to be printed on fabrics and other substrates at a nano-scale level. The nanoscale ink consists of nanoparticles which are used as colorants. These nanoparticles have special properties such as they can absorb light, reflect some portion of the incident light and transmit the rest to give an optical effect.
Application Insights:
The textile industry was the largest application segment in 2017 and accounted for over 30% of the global market share. The growth can be attributed to increasing demand for printed fabrics from fashion designers, architects and decorators. Digital pigments ink offer various advantages such as high color resolution, precise color control, high printing speed and cost-effective manufacturing processes that are driving their adoption in textile applications globally.
Furniture & wooden products packaging is expected to grow at a CAGR of XX% from 2018 to 2030 owing to rising demand for furniture with designs that suit different environments such as living room or bedroom. Pigment-based inks provide rich colors which enhance the appearance of wood grain making it look more attractive than regular paints used on wooden surfaces. This is likely to drive product demand over the forecast period especially in regional markets where furniture production is majorly concentrated like Asia Pacific and Middle East & Africa regions respectively.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing market over the forecast period. The growth in this region can be attributed to increasing demand for consumer goods packaging, such as cosmetics and personal care products, food & beverage packaging, pharmaceuticals, and other products. In addition, rising investments by various companies in developing countries of Asia Pacific are anticipated to boost product demand. For instance; In January 2017; Lanxess announced its plans of investing USD X million for expanding its polyurethane business in India by establishing a new production facility at Vadodara with an investment injection capacity of 1 million liters per annum beginning 2018.
North America accounted for 23% share of global revenue in 2017 owing to high consumption volume generated from end-use industries such as textile industry and furniture/wooden industry that use digital pigment ink technology across various applications including screen printing on fabrics or wood veneer surface respectively.
Growth Factors:
- Increasing demand for digital printing in packaging and textile applications
- Rising demand for inkjet printers
- Growing popularity of personalized and customized products
- Proliferation of online retailing platforms
- Technological advancements in digital pigment ink
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Pigment Ink Market Research Report
By Type
Micron Ink, Nanoscale Ink
By Application
Textile Industry, Furniture/Wooden Industry, Consumer Goods Packaging, Other
By Companies
DuPont, MIMAKI, Huntsman, Kothari Info-Tech, Sensient Inkjet, Zhengzhou Hongsam Digital Science & Technology, DyStar, JK Group, SPGprints, Lanyu, INKBANK, TrendVision, Tianwei
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Digital Pigment Ink Market Report Segments:
The global Digital Pigment Ink market is segmented on the basis of:
Types
Micron Ink, Nanoscale Ink
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Textile Industry, Furniture/Wooden Industry, Consumer Goods Packaging, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DuPont
- MIMAKI
- Huntsman
- Kothari Info-Tech
- Sensient Inkjet
- Zhengzhou Hongsam Digital Science & Technology
- DyStar
- JK Group
- SPGprints
- Lanyu
- INKBANK
- TrendVision
- Tianwei
Highlights of The Digital Pigment Ink Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Micron Ink
- Nanoscale Ink
- By Application:
- Textile Industry
- Furniture/Wooden Industry
- Consumer Goods Packaging
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Pigment Ink Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital Pigment Ink is a new type of ink that uses digital technology to create images on paper. The ink is made up of small, light-sensitive particles that can be manipulated using computers and printers. This allows for a variety of creative effects, including the ability to create images with multiple colors and patterns.
Some of the major companies in the digital pigment ink market are DuPont, MIMAKI, Huntsman, Kothari Info-Tech, Sensient Inkjet, Zhengzhou Hongsam Digital Science & Technology, DyStar, JK Group, SPGprints, Lanyu, INKBANK, TrendVision, Tianwei.
The digital pigment ink market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Pigment Ink Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Digital Pigment Ink Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Digital Pigment Ink Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Digital Pigment Ink Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Digital Pigment Ink Market Size & Forecast, 2018-2028 4.5.1 Digital Pigment Ink Market Size and Y-o-Y Growth 4.5.2 Digital Pigment Ink Market Absolute $ Opportunity
Chapter 5 Global Digital Pigment Ink Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Pigment Ink Market Size Forecast by Type
5.2.1 Micron Ink
5.2.2 Nanoscale Ink
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Pigment Ink Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Pigment Ink Market Size Forecast by Applications
6.2.1 Textile Industry
6.2.2 Furniture/Wooden Industry
6.2.3 Consumer Goods Packaging
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Pigment Ink Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Pigment Ink Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Pigment Ink Analysis and Forecast
9.1 Introduction
9.2 North America Digital Pigment Ink Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Pigment Ink Market Size Forecast by Type
9.6.1 Micron Ink
9.6.2 Nanoscale Ink
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Pigment Ink Market Size Forecast by Applications
9.10.1 Textile Industry
9.10.2 Furniture/Wooden Industry
9.10.3 Consumer Goods Packaging
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Pigment Ink Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Pigment Ink Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Pigment Ink Market Size Forecast by Type
10.6.1 Micron Ink
10.6.2 Nanoscale Ink
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Pigment Ink Market Size Forecast by Applications
10.10.1 Textile Industry
10.10.2 Furniture/Wooden Industry
10.10.3 Consumer Goods Packaging
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Pigment Ink Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Pigment Ink Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Pigment Ink Market Size Forecast by Type
11.6.1 Micron Ink
11.6.2 Nanoscale Ink
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Pigment Ink Market Size Forecast by Applications
11.10.1 Textile Industry
11.10.2 Furniture/Wooden Industry
11.10.3 Consumer Goods Packaging
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Pigment Ink Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Pigment Ink Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Pigment Ink Market Size Forecast by Type
12.6.1 Micron Ink
12.6.2 Nanoscale Ink
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Pigment Ink Market Size Forecast by Applications
12.10.1 Textile Industry
12.10.2 Furniture/Wooden Industry
12.10.3 Consumer Goods Packaging
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Pigment Ink Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Pigment Ink Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Pigment Ink Market Size Forecast by Type
13.6.1 Micron Ink
13.6.2 Nanoscale Ink
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Pigment Ink Market Size Forecast by Applications
13.10.1 Textile Industry
13.10.2 Furniture/Wooden Industry
13.10.3 Consumer Goods Packaging
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Pigment Ink Market: Competitive Dashboard
14.2 Global Digital Pigment Ink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DuPont
14.3.2 MIMAKI
14.3.3 Huntsman
14.3.4 Kothari Info-Tech
14.3.5 Sensient Inkjet
14.3.6 Zhengzhou Hongsam Digital Science & Technology
14.3.7 DyStar
14.3.8 JK Group
14.3.9 SPGprints
14.3.10 Lanyu
14.3.11 INKBANK
14.3.12 TrendVision
14.3.13 Tianwei