Market Overview:
The global heat transfer ink market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for heat transfer inks from various applications, such as textile industry, construction industry, furniture/wooden industry, consumer goods packaging and others. Asia Pacific is expected to be the fastest growing region during the forecast period owing to rising demand for heat transfer inks from various end-use industries in countries such as China and India.
Product Definition:
A heat transfer ink is a special type of ink that is used in conjunction with a heat press to create designs on fabric. The ink is applied to the fabric, and then the design is printed onto the fabric using a standard printer. Once the design has been printed, it is placed on the heat press and heated for a set amount of time. This causes the ink to melt and adhere to the fabric, creating a permanent print.
Disperse Ink:
Disperse ink is a type of heat transfer printing ink which contains pigments and additives. It has high thermal stability, low viscosity, and good flow properties. The most important feature of this product is that it can be dispersed in any liquid carrier with the help of mild to strong physical agents like water or alcohol.
Reactive Ink:
Reactive ink is used in heat transfer printing process. It contains pigments that change their physical properties when exposed to heat. The most common example of such property is the melting point rise of a metal oxide, which allows it to be used as an excellent bonding agent for the production of printed circuit boards (PCB).
The reactive ink also has other applications like it can be utilized as a coating material for plastics.
Application Insights:
The textile industry was the largest application segment in 2016 and is expected to witness significant growth over the forecast period. The growing textile industry across developing countries such as China, India, Bangladesh, Vietnam and others is anticipated to drive demand for heat transfer inks. In addition, increasing use of performance enhancing chemicals in textiles such as flame retardant additives which are used to improve safety aspects of clothing is projected to further fuel market growth over the next eight years.
Heat transfer printing ink has wide applications including construction materials packaging where it is used for labeling or identifying products along with displaying company information on building materials & hardware items. It also finds application in furniture & wooden industries where it transfers images onto wood surfaces during manufacturing processes enabling easy identification of products by their serial numbers or other details regarding production process etc., thereby driving its demand globally over the forecast period.
Regional Analysis:
North America is expected to be the largest regional market over the forecast period owing to technological advancements and high adoption of advanced products in various end-use industries. The U.S., being a developed economy, has higher penetration of HTI products as compared to other developing countries.
Asia Pacific region is projecteded exhibit fastest growth rate during the forecast period on account of rising industrialization coupled with growing population in China and India.
Growth Factors:
- Increasing demand for heat transfer inks from the textile and apparel industry
- Rising popularity of digital printing technology
- Growing demand for heat transfer inks from the automotive industry
- Increasing use of heat transfer inks in packaging applications
- Proliferation of online retailing
Scope Of The Report
Report Attributes
Report Details
Report Title
Heat Transfer Ink Market Research Report
By Type
Disperse Ink, Reactive Ink, Other
By Application
Textile Industry, Construction 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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Heat Transfer Ink Market Report Segments:
The global Heat Transfer Ink market is segmented on the basis of:
Types
Disperse Ink, Reactive Ink, Other
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, Construction 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 Heat Transfer 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:
- Disperse Ink
- Reactive Ink
- Other
- By Application:
- Textile Industry
- Construction 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 Heat Transfer 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Heat transfer ink is a type of ink that transfers heat from one object to another. This type of ink is often used in thermal printers, which use heat to print documents.
Some of the major companies in the heat transfer 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 heat transfer ink market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Heat Transfer 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 Heat Transfer Ink Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Heat Transfer 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 Heat Transfer 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 Heat Transfer Ink Market Size & Forecast, 2018-2028
4.5.1 Heat Transfer Ink Market Size and Y-o-Y Growth
4.5.2 Heat Transfer Ink Market Absolute $ Opportunity
Chapter 5 Global Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Type
5.2.1 Disperse Ink
5.2.2 Reactive Ink
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Applications
6.2.1 Textile Industry
6.2.2 Construction Industry
6.2.3 Furniture/Wooden Industry
6.2.4 Consumer Goods Packaging
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Heat Transfer 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 Heat Transfer 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 Heat Transfer Ink Analysis and Forecast
9.1 Introduction
9.2 North America Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Type
9.6.1 Disperse Ink
9.6.2 Reactive Ink
9.6.3 Other
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 Heat Transfer Ink Market Size Forecast by Applications
9.10.1 Textile Industry
9.10.2 Construction Industry
9.10.3 Furniture/Wooden Industry
9.10.4 Consumer Goods Packaging
9.10.5 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 Heat Transfer Ink Analysis and Forecast
10.1 Introduction
10.2 Europe Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Type
10.6.1 Disperse Ink
10.6.2 Reactive Ink
10.6.3 Other
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 Heat Transfer Ink Market Size Forecast by Applications
10.10.1 Textile Industry
10.10.2 Construction Industry
10.10.3 Furniture/Wooden Industry
10.10.4 Consumer Goods Packaging
10.10.5 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 Heat Transfer Ink Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Type
11.6.1 Disperse Ink
11.6.2 Reactive Ink
11.6.3 Other
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 Heat Transfer Ink Market Size Forecast by Applications
11.10.1 Textile Industry
11.10.2 Construction Industry
11.10.3 Furniture/Wooden Industry
11.10.4 Consumer Goods Packaging
11.10.5 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 Heat Transfer Ink Analysis and Forecast
12.1 Introduction
12.2 Latin America Heat Transfer 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 Heat Transfer Ink Market Size Forecast by Type
12.6.1 Disperse Ink
12.6.2 Reactive Ink
12.6.3 Other
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 Heat Transfer Ink Market Size Forecast by Applications
12.10.1 Textile Industry
12.10.2 Construction Industry
12.10.3 Furniture/Wooden Industry
12.10.4 Consumer Goods Packaging
12.10.5 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) Heat Transfer Ink Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Heat Transfer 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) Heat Transfer Ink Market Size Forecast by Type
13.6.1 Disperse Ink
13.6.2 Reactive Ink
13.6.3 Other
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) Heat Transfer Ink Market Size Forecast by Applications
13.10.1 Textile Industry
13.10.2 Construction Industry
13.10.3 Furniture/Wooden Industry
13.10.4 Consumer Goods Packaging
13.10.5 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 Heat Transfer Ink Market: Competitive Dashboard
14.2 Global Heat Transfer 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
