Market Overview:
The global UV-curable inkjet ink market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for UV-curable inkjet inks from various applications, such as industry, commercial and others. In terms of type, the UV offset printing ink segment is expected to hold a major share of the global UV-curable inkjet ink market during the forecast period. This can be attributed to its growing demand from industries such as packaging and labels, publishing and commercial printing segments.
Product Definition:
UV-curable inkjet inks are a type of ink that is used in an inkjet printer. This type of ink cures, or dries, when it is exposed to ultraviolet (UV) light. UV-curable inkjet inks are used for printing on a variety of surfaces, including paper, plastics, and metals.
UV Offset Printing Ink:
UV offset printing ink is a type of UV-curable inkjet ink. It is also known as dye-based or liquid inks. These are water based and have low viscosity like traditional solvent based inks. The major difference between these two types of printing inks consists into the chemical composition used for producing them, i.e.
UV Screen Printing Ink:
UV Screen printing ink is a type of UV-curable inkjet in which the liquid resin is exposed to ultra-violet radiations for about 10 to 40 seconds. The process converts the liquid resin into solid form and after that, it goes through an ordinary drying process like any other conventional dry ink.
The major advantage of this technology over other technologies such as electron beam curing or heat cure is that there’s no need for a separate clean room.
Application Insights:
The industry application segment held the largest market share in 2017. This is attributed to the rising demand for UV-curable inks from various industries including automotive, packaging, and construction among others. The growing need for waterproofing and stain resistance coatings is expected to drive product demand over the forecast period.
Industrial applications dominated the global industry segment owing to increasing industrial manufacturing across various regions coupled with stringent regulations regarding environmental protection are driving factors for product adoption in this sector. Rising awareness regarding cost savings associated with UV curing process as compared to conventional methods of coating & dipping will further boost industry growth over the coming years.
The commercial application segment was valued at USD 281 million in 2017 owing to rising preference towards printed marketing materials such as brochures, menus, posters among others by several companies around the world especially those operating within hospitality sectors such as hotels.
Regional Analysis:
North America was the largest market for this technology accounting for over 35% of global revenue in 2017. The region is expected to maintain its dominance throughout the forecast period owing to growing demand from various application segments including industry, commercial and others. Rising adoption of digital printing coupled with increasing use of UV offset printing ink in packaging applications is one major factor responsible for regional growth.
Asia Pacific is estimated to be the fastest-growing region during the forecast period owing to rising demand from end-use industries such as healthcare, electronics, automotive and others across emerging economies such as China and India. In addition, rapid industrialization along with expanding infrastructure development activities are also likely boost regional product demand over the next eight years.
Growth Factors:
- Increasing demand for UV-curable inkjet inks from the packaging and commercial printing industries as a result of the superior performance and benefits offered by these inks over traditional solvent-based inks.
- Growing popularity of digital printing among consumers due to its advantages over traditional printing methods such as lower cost, faster turnaround time, and wider color gamut.
- Proliferation of UV-curable inkjet printers across various market segments owing to their low running costs and high print quality.
- Rising demand for 3D printing technology across different industry verticals as it offers greater design flexibility, shorter turnaround times, and reduced manufacturing costs.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV-Curable Inkjet Ink Market Research Report
By Type
UV Offset Printing Ink, UV Screen Printing Ink, UV Pad Printing Ink, UV Water-based Inkjet Ink
By Application
Industry, Commercial, Other
By Companies
Ricoh, FUJIFILM Dimatix, Inc., Konica Minolta, Ruco USA, MHM Holding GmbH
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
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global UV-Curable Inkjet Ink Market Report Segments:
The global UV-Curable Inkjet Ink market is segmented on the basis of:
Types
UV Offset Printing Ink, UV Screen Printing Ink, UV Pad Printing Ink, UV Water-based Inkjet 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
Industry, Commercial, 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:
- Ricoh
- FUJIFILM Dimatix, Inc.
- Konica Minolta
- Ruco USA
- MHM Holding GmbH
Highlights of The UV-Curable Inkjet 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:
- UV Offset Printing Ink
- UV Screen Printing Ink
- UV Pad Printing Ink
- UV Water-based Inkjet Ink
- By Application:
- Industry
- Commercial
- 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 UV-Curable Inkjet 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?
UV-Curable inkjet ink is a type of inks that can be cured by ultraviolet light. This type of ink is used to create images and logos that can resist fading and damage from the sun.
Some of the major players in the uv-curable inkjet ink market are Ricoh, FUJIFILM Dimatix, Inc., Konica Minolta, Ruco USA, MHM Holding GmbH.
The uv-curable inkjet 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 UV-Curable Inkjet 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 UV-Curable Inkjet Ink Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 UV-Curable Inkjet 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 UV-Curable Inkjet 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 UV-Curable Inkjet Ink Market Size & Forecast, 2020-2028 4.5.1 UV-Curable Inkjet Ink Market Size and Y-o-Y Growth 4.5.2 UV-Curable Inkjet 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 UV Offset Printing Ink
5.2.2 UV Screen Printing Ink
5.2.3 UV Pad Printing Ink
5.2.4 UV Water-based Inkjet Ink
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 Industry
6.2.2 Commercial
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV-Curable Inkjet 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 UV-Curable Inkjet 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 UV Offset Printing Ink
9.6.2 UV Screen Printing Ink
9.6.3 UV Pad Printing Ink
9.6.4 UV Water-based Inkjet 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 Market Size Forecast by Applications
9.10.1 Industry
9.10.2 Commercial
9.10.3 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 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 UV Offset Printing Ink
10.6.2 UV Screen Printing Ink
10.6.3 UV Pad Printing Ink
10.6.4 UV Water-based Inkjet 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 Market Size Forecast by Applications
10.10.1 Industry
10.10.2 Commercial
10.10.3 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 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 UV Offset Printing Ink
11.6.2 UV Screen Printing Ink
11.6.3 UV Pad Printing Ink
11.6.4 UV Water-based Inkjet 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 Market Size Forecast by Applications
11.10.1 Industry
11.10.2 Commercial
11.10.3 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 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 UV Offset Printing Ink
12.6.2 UV Screen Printing Ink
12.6.3 UV Pad Printing Ink
12.6.4 UV Water-based Inkjet 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 Market Size Forecast by Applications
12.10.1 Industry
12.10.2 Commercial
12.10.3 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) 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 UV Offset Printing Ink
13.6.2 UV Screen Printing Ink
13.6.3 UV Pad Printing Ink
13.6.4 UV Water-based Inkjet 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) Market Size Forecast by Applications
13.10.1 Industry
13.10.2 Commercial
13.10.3 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 UV-Curable Inkjet Ink Market: Competitive Dashboard
14.2 Global UV-Curable Inkjet Ink Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ricoh
14.3.2 FUJIFILM Dimatix, Inc.
14.3.3 Konica Minolta
14.3.4 Ruco USA
14.3.5 MHM Holding GmbH