Market Overview:
The global photosensitive ink market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for printed circuit boards (PCBs) and surface mounted technology (SMT) in consumer electronics and automotive applications. In addition, the growing demand for semiconductor devices is also contributing to the growth of this market. The photosensitive line ink segment is expected to hold a major share of the global photosensitive ink market during the forecast period. This segment is mainly used in PCBs and SMT applications owing to its superior performance characteristics such as high resolution, low resistivity, and good adhesion properties. The sensitive solder resist ink segment is also projected to grow at a high rate during the forecast period due its ability to prevent solder bridging between adjacent pads on PCBs, which helps improve product reliability.
Product Definition:
Photosensitive Ink is a type of ink that becomes light sensitive when exposed to ultraviolet light. It is used for printing images on photoresist materials, which are then used in the manufacture of semiconductor devices.
Photosensitive Line Ink:
The photosensitive line ink is a type of inks that can be applied to the printing rollers and then it can be converted into an image on the paper. It has different formulations depending upon its usage, for instance, when used on account cards or banknotes it gives a high contrast between the writing and makes it difficult for counterfeit money to be produced.
Sensitive Solder Resist Ink:
Sensitive solder resist ink is a type of photoresistive ink which contains sensitive solders. It's applied on printing materials such as PCBs, flex circuits and others. When this material is exposed to ultra-violet (UV) light, the sensitive solder resist inks get converted into patterns on the printed substrate by using heat and pressure.
The sensitivity of this system can be changed by changing the amount of UV light, exposure time and temperature.
Application Insights:
Printed circuit board (PCB) application dominated the global photosensitive ink market, accounting for over 30.0% of the overall revenue in 2017. The use of PCB photosensitive inks for manufacturing printed electronics on flexible and rigid substrates is expected to drive growth over the forecast period.
The surface mount technology (SMT) segment is also expected to witness significant growth owing to its rising adoption in various end-use industries such as medical equipment, telecommunication equipment, and computing equipment among others. SMT involves soldering components onto printed circuit boards which requires a sensitive solder resist ink that can withstand high temperatures without affecting surrounding components or circuits.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing a growing demand for various types of electronic products, such as laptops, mobiles, tablets, consumer electronics etc., which are manufactured using photosensitive inkjet technology. This growth can be attributed to increasing penetration of digital technologies across several industries in developing economies such as China and India. Moreover, rising disposable income coupled with rapid urbanization is anticipated to fuel the regional product demand over the next eight years.
North America accounted for more than 20% revenue share in 2016 owing to high adoption rate of e-commerce shopping platforms by consumers in U.S., Canada and Mexico cities that have led themto purchase various electronic products including laptops/notebooks/desktops with printed circuit boards or ICs installed on it or smartphones having sensitive soldered components on board thereby driving product sales over last few years (see Figure 1).
Growth Factors:
- Increasing demand for printing inks from the packaging and commercial printing industries is expected to drive the growth of photosensitive ink market over the forecast period.
- Rising demand for UV-curable inks owing to their superior properties such as scratch resistance, chemical resistance, and high gloss is anticipated to boost the market growth.
- Growing popularity of digital printing technology across various applications is projected to fuel the demand for photosensitive ink during the forecast period.
- Increasing investments by key players in research and development activities aimed at enhancing product offerings is likely to propel Photosensitive Ink market growth over the next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Photosensitive Ink Market Research Report
By Type
Photosensitive Line Ink, Sensitive Solder Resist Ink, Others
By Application
Printed Circuit Board(PCB), Smart Phone, Surface Mounted Technology(SMT), IC Lead, VFD grid, Watch, LaptopCase, Sign
By Companies
ShenZhen RongDa Photosensitive Science & Technology Co., Ltd., Hangzhou Kewang Special Ink Co., Ltd., Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd., Olikrom
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Photosensitive Ink Market Report Segments:
The global Photosensitive Ink market is segmented on the basis of:
Types
Photosensitive Line Ink, Sensitive Solder Resist Ink, Others
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
Printed Circuit Board(PCB), Smart Phone, Surface Mounted Technology(SMT), IC Lead, VFD grid, Watch, LaptopCase, Sign
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:
- ShenZhen RongDa Photosensitive Science & Technology Co., Ltd.
- Hangzhou Kewang Special Ink Co., Ltd.
- Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.
- Olikrom
Highlights of The Photosensitive 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:
- Photosensitive Line Ink
- Sensitive Solder Resist Ink
- Others
- By Application:
- Printed Circuit Board(PCB)
- Smart Phone
- Surface Mounted Technology(SMT)
- IC Lead
- VFD grid
- Watch
- LaptopCase
- Sign
- 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 Photosensitive 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?
Photosensitive ink is a type of ink that can be affected by light. When exposed to light, the photosensitive ink will react and change color. This can be used to create a temporary tattoo or label that changes color when exposed to light.
Some of the key players operating in the photosensitive ink market are ShenZhen RongDa Photosensitive Science & Technology Co., Ltd., Hangzhou Kewang Special Ink Co., Ltd., Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd., Olikrom.
The photosensitive 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 Photosensitive 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 Photosensitive Ink Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photosensitive 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 Photosensitive 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 Photosensitive Ink Market Size & Forecast, 2020-2028
4.5.1 Photosensitive Ink Market Size and Y-o-Y Growth
4.5.2 Photosensitive Ink Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Photosensitive Line Ink
5.2.2 Sensitive Solder Resist Ink
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Printed Circuit Board(PCB)
6.2.2 Smart Phone
6.2.3 Surface Mounted Technology(SMT)
6.2.4 IC Lead
6.2.5 VFD grid
6.2.6 Watch
6.2.7 LaptopCase
6.2.8 Sign
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photosensitive 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 Photosensitive 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Photosensitive Line Ink
9.6.2 Sensitive Solder Resist Ink
9.6.3 Others
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 Market Size Forecast by Applications
9.10.1 Printed Circuit Board(PCB)
9.10.2 Smart Phone
9.10.3 Surface Mounted Technology(SMT)
9.10.4 IC Lead
9.10.5 VFD grid
9.10.6 Watch
9.10.7 LaptopCase
9.10.8 Sign
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Photosensitive Line Ink
10.6.2 Sensitive Solder Resist Ink
10.6.3 Others
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 Market Size Forecast by Applications
10.10.1 Printed Circuit Board(PCB)
10.10.2 Smart Phone
10.10.3 Surface Mounted Technology(SMT)
10.10.4 IC Lead
10.10.5 VFD grid
10.10.6 Watch
10.10.7 LaptopCase
10.10.8 Sign
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Photosensitive Line Ink
11.6.2 Sensitive Solder Resist Ink
11.6.3 Others
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 Market Size Forecast by Applications
11.10.1 Printed Circuit Board(PCB)
11.10.2 Smart Phone
11.10.3 Surface Mounted Technology(SMT)
11.10.4 IC Lead
11.10.5 VFD grid
11.10.6 Watch
11.10.7 LaptopCase
11.10.8 Sign
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Photosensitive Line Ink
12.6.2 Sensitive Solder Resist Ink
12.6.3 Others
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 Market Size Forecast by Applications
12.10.1 Printed Circuit Board(PCB)
12.10.2 Smart Phone
12.10.3 Surface Mounted Technology(SMT)
12.10.4 IC Lead
12.10.5 VFD grid
12.10.6 Watch
12.10.7 LaptopCase
12.10.8 Sign
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Photosensitive Line Ink
13.6.2 Sensitive Solder Resist Ink
13.6.3 Others
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) Market Size Forecast by Applications
13.10.1 Printed Circuit Board(PCB)
13.10.2 Smart Phone
13.10.3 Surface Mounted Technology(SMT)
13.10.4 IC Lead
13.10.5 VFD grid
13.10.6 Watch
13.10.7 LaptopCase
13.10.8 Sign
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 Photosensitive Ink Market: Competitive Dashboard
14.2 Global Photosensitive Ink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ShenZhen RongDa Photosensitive Science & Technology Co., Ltd.
14.3.2 Hangzhou Kewang Special Ink Co., Ltd.
14.3.3 Jiangsu Kuangshun Photosensitivity New-Material Stock Co., Ltd.
14.3.4 Olikrom
