Market Overview:
The global specialty ink market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for specialty inks from various applications such as printing & publication, flexible packaging, safety & security, and others. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand for specialty inks from countries such as China and India.
Product Definition:
A type of ink that is designed for a specific purpose, such as printing on metal or fabric. Specialty inks can be more durable and fade-resistant than other types of ink. They are also often used for security features, such as watermarks or holograms.
Thermochromic:
Thermochromism is the property by which materials change their color when temperature changes. This change in color allows material to transition from solid to liquid and back again at a different rate, depending on the surrounding temperature. Thermochromic inks are specialty type of ink that contains pigments that undergoes significant transformation when it comes into contact with heat.
Photochromic:
Photochromic substances are materials that undergo a reversible change when exposed to light. The substance absorbs the blue part of the spectrum and then re-emits it in the near UV region. This process is called as photo chromism. There are two types of photo chromic substances, namely thermoplastics and thermosets.
Application Insights:
The printing and publication application segment led the global market in 2017. This is attributed to the growing demand for specialty inks for various applications, such as digital printing, offset printing, flexo Printing & Publication (PP) accounted for a share of over 40% in 2017. The segment is expected to witness growth due to rising demand from various industries including packaging and construction.
Specialty ink manufacturers are focusing on developing new products that can offer enhanced print quality with vivid colors and smooth finish at an economical cost by adopting advanced manufacturing technologies. For instance, Cartier International AG has introduced a new type of ¢â‚¬ËœDNA ink¢â‚¬â„¢ that offers consumers detailed information about the watch they are wearing or buying based on the DNA inside it.
Safety & security application was one of the fastest-growing segments owing to increasing use of safety marks.
Regional Analysis:
North America dominated the global specialty ink market in 2017. The growth of the region can be attributed to rising demand for specialty inks from various application industries such as printing & publication, flexible packaging, and safety & security. In North America, U.S accounted for a major revenue share and is expected to grow at a CAGR of XX% over the forecast period owing to increasing demand from end-use industries such as packaging and labeling.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rapid industrialization coupled with growing population especially in China and India which has led towards an increase in label printing requirements across several industries including food & beverage, pharmaceuticals among others will drive regional product sales volume consequently driving overall industry growth over next eight years (2030).
Growth Factors:
- Increasing demand for specialty inks from the printing and packaging industries as a result of the growth in these industries.
- The increasing popularity of digital printing, which is driving the need for more specialized inks that can provide better results than traditional inkjet printers.
- The growing trend towards personalized and customized products, which is fueling demand for specialty inks that can produce unique effects.
- The increasing use of special effects in advertising and marketing, which is boosting demand for specialty inks with unique properties such as color changing or glow-in-the-dark capabilities.
- Technological advances that are making it possible to create new types of specialty ink formulations, opening up new market opportunities
Scope Of The Report
Report Attributes
Report Details
Report Title
Specialty Ink Market Research Report
By Type
Thermochromic, Photochromic
By Application
Printing & Publication, Flexible Packaging, Safety & Security, Others
By Companies
IIMAK, Sun Chemical, Toyo Ink, Daihan Ink, Siegwerk, Huber Group, Bordeaux Digital PrintInk, T&K TOKA, Van Son
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
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Specialty Ink Market Report Segments:
The global Specialty Ink market is segmented on the basis of:
Types
Thermochromic, Photochromic
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
Printing & Publication, Flexible Packaging, Safety & Security, Others
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:
- IIMAK
- Sun Chemical
- Toyo Ink
- Daihan Ink
- Siegwerk
- Huber Group
- Bordeaux Digital PrintInk
- T&K TOKA
- Van Son
Highlights of The Specialty 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:
- Thermochromic
- Photochromic
- By Application:
- Printing & Publication
- Flexible Packaging
- Safety & Security
- Others
- 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 Specialty 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Specialty ink is a type of ink that is designed for use in specific applications. These inks are often more expensive than other types of ink, but they may be better suited for certain tasks or projects.
Some of the major companies in the specialty ink market are IIMAK, Sun Chemical, Toyo Ink, Daihan Ink, Siegwerk, Huber Group, Bordeaux Digital PrintInk, T&K TOKA, Van Son.
The specialty 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 Specialty 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 Specialty Ink Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Specialty 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 Specialty 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 Specialty Ink Market Size & Forecast, 2018-2028 4.5.1 Specialty Ink Market Size and Y-o-Y Growth 4.5.2 Specialty Ink Market Absolute $ Opportunity
Chapter 5 Global Specialty 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 Specialty Ink Market Size Forecast by Type
5.2.1 Thermochromic
5.2.2 Photochromic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specialty 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 Specialty Ink Market Size Forecast by Applications
6.2.1 Printing & Publication
6.2.2 Flexible Packaging
6.2.3 Safety & Security
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specialty 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 Specialty 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 Specialty Ink Analysis and Forecast
9.1 Introduction
9.2 North America Specialty 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 Specialty Ink Market Size Forecast by Type
9.6.1 Thermochromic
9.6.2 Photochromic
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 Specialty Ink Market Size Forecast by Applications
9.10.1 Printing & Publication
9.10.2 Flexible Packaging
9.10.3 Safety & Security
9.10.4 Others
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 Specialty Ink Analysis and Forecast
10.1 Introduction
10.2 Europe Specialty 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 Specialty Ink Market Size Forecast by Type
10.6.1 Thermochromic
10.6.2 Photochromic
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 Specialty Ink Market Size Forecast by Applications
10.10.1 Printing & Publication
10.10.2 Flexible Packaging
10.10.3 Safety & Security
10.10.4 Others
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 Specialty Ink Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specialty 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 Specialty Ink Market Size Forecast by Type
11.6.1 Thermochromic
11.6.2 Photochromic
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 Specialty Ink Market Size Forecast by Applications
11.10.1 Printing & Publication
11.10.2 Flexible Packaging
11.10.3 Safety & Security
11.10.4 Others
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 Specialty Ink Analysis and Forecast
12.1 Introduction
12.2 Latin America Specialty 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 Specialty Ink Market Size Forecast by Type
12.6.1 Thermochromic
12.6.2 Photochromic
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 Specialty Ink Market Size Forecast by Applications
12.10.1 Printing & Publication
12.10.2 Flexible Packaging
12.10.3 Safety & Security
12.10.4 Others
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) Specialty Ink Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specialty 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) Specialty Ink Market Size Forecast by Type
13.6.1 Thermochromic
13.6.2 Photochromic
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) Specialty Ink Market Size Forecast by Applications
13.10.1 Printing & Publication
13.10.2 Flexible Packaging
13.10.3 Safety & Security
13.10.4 Others
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 Specialty Ink Market: Competitive Dashboard
14.2 Global Specialty Ink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IIMAK
14.3.2 Sun Chemical
14.3.3 Toyo Ink
14.3.4 Daihan Ink
14.3.5 Siegwerk
14.3.6 Huber Group
14.3.7 Bordeaux Digital PrintInk
14.3.8 T&K TOKA
14.3.9 Van Son