Market Overview:
The global UV curable inks 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 inks from various applications such as automotive, medical, publications, packaging, consumer goods, plastics and electronics. In addition, the growing demand for UV cured products from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials used in manufacturing UV curable inks may restrain the growth of this market during the forecast period.
 Curable Inks Industry Outlook.svg)
Product Definition:
Ultraviolet curable inks are a type of ink that can be cured, or hardened, by exposure to ultraviolet light. This type of ink is used in a variety of applications, including printing on plastics and other materials that are not typically receptive to traditional printing methods. UV curable inks offer several advantages over traditional inks, including faster drying times and the ability to print on a wider range of substrates.
Free Radical Polymerization Type:
Free radical polymerization is a type of radical polymerization where the free radicals (OR) initiate the reaction. The process has been known to provide high molecular weight polymers and also gives rise to other higher order species such as peroxides, ketones, and others. Free radical polymerization can be differentiated from other types of chain extension that include living or activated chains and thermal or forced chain extension where heat or external pressure is applied for the initiation of reactions.
Free Radical Addition Molding:
Free radical addition molding (FRAM) is a process of creating three-dimensional objects from digital models or 2D images by using light as the source for polymerization. The major advantage of FRAM over other molding processes is that it creates complex parts with high accuracy and allows production of large, thin parts with low material usage.
The global UV curable inks market was valued at USD 3,966.1 million in 2016.
Application Insights:
The use of free radical polymerization type UV curable inks for automotive applications accounted for the largest revenue share in 2017. The growth is attributed to the rising demand from various industries including transportation, marine, and aerospace. The application of these types of inks requires less curing time as compared to other methods such as ionomers or anionically modified polyurethane (AMPU) resins which are used for similar purposes.
The medical segment is expected to grow at a significant rate over the forecast period owing to increasing usage of skin-friendly products that offer high performance and patient safety coupled with low maintenance costs and lower environmental impact. These products cure quickly on human skin without causing any allergic reaction which makes them highly preferred by healthcare professionals across the globe due to their efficiency, safety, and reduced preparation time required when compared with conventional methods used worldwide before UV curable ink technology was introduced into this sector.
Regional Analysis:
North America was the largest market for global UV curable inks, accounting for a share of more than 30.0% in 2017 owing to the presence of major players such as 3M and Avery Denison. The region is expected to maintain its dominance over the forecast period due to increasing demand from various application segments, including automotive, medical devices & packaging.
Asia Pacific is projected to be one of the fastest-growing regions with a CAGR exceeding 6.5% during the forecast period on account of rising product demand from end-use industries such as electronics and consumer goods packaging coupled with rapid industrialization and economic development in countries like China and India. Moreover, low manufacturing costs along with easy availability of labor are some other factors that are anticipated to drive regional growth over the next eight years or so (until 2030).
Growth Factors:
- Increasing demand for UV curable inks from the packaging and printing industries as they offer high-quality prints with less turnaround time
- Rising demand for UV curable inks from the automotive industry as they provide durability, scratch resistance, and chemical resistance
- Growing popularity of digital printing which is driving the demand for UV curable inks
- Proliferation of inkjet printers that use UV curing technology is boosting the growth of this market
- Stringent environmental regulations regarding VOC emissions are prompting manufacturers to shift towards water-based or low-VOC emitting UV curable inks, thereby propelling the growth of this market
Scope Of The Report
Report Attributes
Report Details
Report Title
UV (Ultraviolet) Curable Inks Market Research Report
By Type
Free Radical Polymerization Type, Free Radical Addition Molding, Cationic Polymerization, Acid Cure Type
By Application
Automotive, Medical, Publications, Packaging, Consumer Goods, Plastics, Electronics, Other
By Companies
APV Engineered Coatings, Hewlett-Packard Company, Paul Leibinger, RUCO Druckfarben, Eastern Marking Machine Corporation, Flint Group, Toyo Ink Group, Gans Ink & Supply Co, T&K Toka Co, NUtec Digital Ink, APV Engineered Coatings, Marabu Inks GB, Mimaki Engineering, Nazdar Ink Technologies, Superior Printing Ink, DIC, Siegwerk, Ricoh, Hanghua Toka, Letong Ink, Yip's Ink, Kingswood Inks, Tianjin Angel Chemicals
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global UV (Ultraviolet) Curable Inks Market Report Segments:
The global UV (Ultraviolet) Curable Inks market is segmented on the basis of:
Types
Free Radical Polymerization Type, Free Radical Addition Molding, Cationic Polymerization, Acid Cure Type
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
Automotive, Medical, Publications, Packaging, Consumer Goods, Plastics, Electronics, 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:
- APV Engineered Coatings
- Hewlett-Packard Company
- Paul Leibinger
- RUCO Druckfarben
- Eastern Marking Machine Corporation
- Flint Group
- Toyo Ink Group
- Gans Ink & Supply Co
- T&K Toka Co
- NUtec Digital Ink
- APV Engineered Coatings
- Marabu Inks GB
- Mimaki Engineering
- Nazdar Ink Technologies
- Superior Printing Ink
- DIC
- Siegwerk
- Ricoh
- Hanghua Toka
- Letong Ink
- Yip's Ink
- Kingswood Inks
- Tianjin Angel Chemicals
 Curable Inks Market Overview.svg)
Highlights of The UV (Ultraviolet) Curable Inks 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:
- Free Radical Polymerization Type
- Free Radical Addition Molding
- Cationic Polymerization
- Acid Cure Type
- By Application:
- Automotive
- Medical
- Publications
- Packaging
- Consumer Goods
- Plastics
- Electronics
- 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 (Ultraviolet) Curable Inks 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
 Curable Inks Market Statistics.svg)
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 inks are a type of ink that can be cured by ultraviolet light. This means that the ink can be permanently marked or printed onto a surface. UV curable inks are often used to create logos, labels, and other graphics that need to be resistant to wear and tear.
Some of the major companies in the uv (ultraviolet) curable inks market are APV Engineered Coatings, Hewlett-Packard Company, Paul Leibinger, RUCO Druckfarben, Eastern Marking Machine Corporation, Flint Group, Toyo Ink Group, Gans Ink & Supply Co, T&K Toka Co, NUtec Digital Ink, APV Engineered Coatings, Marabu Inks GB, Mimaki Engineering, Nazdar Ink Technologies, Superior Printing Ink, DIC, Siegwerk, Ricoh, Hanghua Toka, Letong Ink, Yip's Ink, Kingswood Inks, Tianjin Angel Chemicals.
The uv (ultraviolet) curable inks market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV (Ultraviolet) Curable Inks 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 (Ultraviolet) Curable Inks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV (Ultraviolet) Curable Inks 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 (Ultraviolet) Curable Inks 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 (Ultraviolet) Curable Inks Market Size & Forecast, 2018-2028
4.5.1 UV (Ultraviolet) Curable Inks Market Size and Y-o-Y Growth
4.5.2 UV (Ultraviolet) Curable Inks Market Absolute $ Opportunity
Chapter 5 Global UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Type
5.2.1 Free Radical Polymerization Type
5.2.2 Free Radical Addition Molding
5.2.3 Cationic Polymerization
5.2.4 Acid Cure Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Medical
6.2.3 Publications
6.2.4 Packaging
6.2.5 Consumer Goods
6.2.6 Plastics
6.2.7 Electronics
6.2.8 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV (Ultraviolet) Curable Inks 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 (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Analysis and Forecast
9.1 Introduction
9.2 North America UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Type
9.6.1 Free Radical Polymerization Type
9.6.2 Free Radical Addition Molding
9.6.3 Cationic Polymerization
9.6.4 Acid Cure Type
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 UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Medical
9.10.3 Publications
9.10.4 Packaging
9.10.5 Consumer Goods
9.10.6 Plastics
9.10.7 Electronics
9.10.8 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 UV (Ultraviolet) Curable Inks Analysis and Forecast
10.1 Introduction
10.2 Europe UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Type
10.6.1 Free Radical Polymerization Type
10.6.2 Free Radical Addition Molding
10.6.3 Cationic Polymerization
10.6.4 Acid Cure Type
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 UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Medical
10.10.3 Publications
10.10.4 Packaging
10.10.5 Consumer Goods
10.10.6 Plastics
10.10.7 Electronics
10.10.8 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 UV (Ultraviolet) Curable Inks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Type
11.6.1 Free Radical Polymerization Type
11.6.2 Free Radical Addition Molding
11.6.3 Cationic Polymerization
11.6.4 Acid Cure Type
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 UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Medical
11.10.3 Publications
11.10.4 Packaging
11.10.5 Consumer Goods
11.10.6 Plastics
11.10.7 Electronics
11.10.8 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 UV (Ultraviolet) Curable Inks Analysis and Forecast
12.1 Introduction
12.2 Latin America UV (Ultraviolet) Curable Inks 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 UV (Ultraviolet) Curable Inks Market Size Forecast by Type
12.6.1 Free Radical Polymerization Type
12.6.2 Free Radical Addition Molding
12.6.3 Cationic Polymerization
12.6.4 Acid Cure Type
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 UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Medical
12.10.3 Publications
12.10.4 Packaging
12.10.5 Consumer Goods
12.10.6 Plastics
12.10.7 Electronics
12.10.8 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) UV (Ultraviolet) Curable Inks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) UV (Ultraviolet) Curable Inks 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) UV (Ultraviolet) Curable Inks Market Size Forecast by Type
13.6.1 Free Radical Polymerization Type
13.6.2 Free Radical Addition Molding
13.6.3 Cationic Polymerization
13.6.4 Acid Cure Type
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) UV (Ultraviolet) Curable Inks Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Medical
13.10.3 Publications
13.10.4 Packaging
13.10.5 Consumer Goods
13.10.6 Plastics
13.10.7 Electronics
13.10.8 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 (Ultraviolet) Curable Inks Market: Competitive Dashboard
14.2 Global UV (Ultraviolet) Curable Inks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 APV Engineered Coatings
14.3.2 Hewlett-Packard Company
14.3.3 Paul Leibinger
14.3.4 RUCO Druckfarben
14.3.5 Eastern Marking Machine Corporation
14.3.6 Flint Group
14.3.7 Toyo Ink Group
14.3.8 Gans Ink & Supply Co
14.3.9 T&K Toka Co
14.3.10 NUtec Digital Ink
14.3.11 APV Engineered Coatings
14.3.12 Marabu Inks GB
14.3.13 Mimaki Engineering
14.3.14 Nazdar Ink Technologies
14.3.15 Superior Printing Ink
14.3.16 DIC
14.3.17 Siegwerk
14.3.18 Ricoh
14.3.19 Hanghua Toka
14.3.20 Letong Ink
14.3.21 Yip's Ink
14.3.22 Kingswood Inks
14.3.23 Tianjin Angel Chemicals
