Market Overview:
The Global Sunlight Inks Market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for security and authentication solutions across various applications, such as banknotes, official identity documents, tax banderoles, and security labels. Additionally, the growing awareness about sun-activated inks and sun-thermochromic inks is also contributing to the market growth. However, factors such as high initial costs associated with these inks are restraining the market growth. Based on type, the global sunlight inks market is segmented into sun-activated inks, sun-thermochromic inks, and others. Sun-activated ink finds application mainly on banknotes for enhancing their security features. Sun thermochromic ink finds application mainly on official identity documents for providing tamper resistance properties against alteration or counterfeiting attempts.
Product Definition:
Sunlight inks are printing inks that have been specifically designed to be used with inkjet printers that are exposed to direct sunlight. Sunlight inks are typically more fade-resistant than other types of inkjet printer inks, and they can also produce brighter and more vibrant colors.
Sun-Activated Inks:
Inks are used in various printing processes such as flexography, gravure printing, and lithography. Inks contain pigments or additives that change color when exposed to sunlight. The most common type of ink is water-based dye ink which changes color when it is exposed to sunlight for a certain period.
Sun-Thermochromic Inks:
Sun-Thermochromic Inks are inorganic pigments that undergo a substantial change in their absorption and scattering properties with temperature. These products find application as dispersions or paints for plastics, rubber, and metals; wherein the product changes its color from pale yellow to deep red at low temperatures and vice versa when it is exposed to sunlight.
Application Insights:
The banknotes segment dominated the global sunlight inks market, accounting for over 40% of the overall revenue share in 2017. The rising demand for currency notes from a number of countries including India, China and Australia is expected to drive growth over the forecast period. In addition, growing awareness regarding security features is likely to propel demand across various applications such as tax banderoles and official identity documents.
The other segment includes product applications such as security labels and others which are likely to witness significant growth on account of increasing adoption by several industries including food & beverage and healthcare among others. Growing concerns regarding product counterfeiting are anticipated to further fuel demand across numerous application areas globally during the forecast period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to rising demand from end-use industries such as banking, government, and security. In addition, increasing penetration of these inks across several countries is anticipated to drive the regional market further.
The growing population coupled with rapid urbanization has resulted in an increase in spending on consumer goods across Asia Pacific region. This factor is likely to boost demand for tax bandersole products among individuals over the next few years which will propel regional product demand further.
North America accounted for a significant share of revenue generated by sunlight-activatable products owing to high technological adoption rate observed within this region coupled with increased focus towards energy conservation activities undertaken by various organizations including local municipal authorities.
Growth Factors:
- Increasing demand for printing inks from packaging and commercial printing industries
- Rising demand for eco-friendly and water-based inks
- Growing popularity of digital printing technology
- Proliferation of inkjet printers
- Increasing investments in R&D by ink manufacturers
Scope Of The Report
Report Attributes
Report Details
Report Title
Sunlight Inks Market Research Report
By Type
Sun-Activated Inks, Sun-Thermochromic Inks, Others
By Application
Banknotes, Official Identity Documents, Tax Banderoles, Security Labels
By Companies
SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Collins, Cronite, Villiger, Gans, Kodak, Godo, Shojudo, ANY, Mingbo, Pingwei, Letong Ink, Jinpin, Wancheng
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
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Sunlight Inks Market Report Segments:
The global Sunlight Inks market is segmented on the basis of:
Types
Sun-Activated Inks, Sun-Thermochromic Inks, 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
Banknotes, Official Identity Documents, Tax Banderoles, Security Labels
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:
- SICPA
- Sun Chemical
- Microtrace
- CTI
- Gleitsmann Security Inks
- Collins
- Cronite
- Villiger
- Gans
- Kodak
- Godo
- Shojudo
- ANY
- Mingbo
- Pingwei
- Letong Ink
- Jinpin
- Wancheng
Highlights of The Sunlight 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:
- Sun-Activated Inks
- Sun-Thermochromic Inks
- Others
- By Application:
- Banknotes
- Official Identity Documents
- Tax Banderoles
- Security Labels
- 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 Sunlight 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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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?
Sunlight Inks is a printing ink made from natural ingredients. It is non-toxic and environmentally friendly, making it a good choice for printing on paper that will be used again.
Some of the key players operating in the sunlight inks market are SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Collins, Cronite, Villiger, Gans, Kodak, Godo, Shojudo, ANY, Mingbo, Pingwei, Letong Ink, Jinpin, Wancheng.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Sunlight Inks Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Sunlight Inks Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Sunlight Inks Market - Supply Chain
4.5. Global Sunlight Inks Market Forecast
4.5.1. Sunlight Inks Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sunlight Inks Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sunlight Inks Market Absolute $ Opportunity
5. Global Sunlight Inks Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Sunlight Inks Market Size and Volume Forecast by Type
5.3.1. Sun-Activated Inks
5.3.2. Sun-Thermochromic Inks
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sunlight Inks Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Sunlight Inks Market Size and Volume Forecast by Application
6.3.1. Banknotes
6.3.2. Official Identity Documents
6.3.3. Tax Banderoles
6.3.4. Security Labels
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sunlight Inks Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Sunlight Inks Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Sunlight Inks Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Sunlight Inks Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Sunlight Inks Demand Share Forecast, 2019-2026
9. North America Sunlight Inks Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Sunlight Inks Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Sunlight Inks Market Size and Volume Forecast by Application
9.4.1. Banknotes
9.4.2. Official Identity Documents
9.4.3. Tax Banderoles
9.4.4. Security Labels
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sunlight Inks Market Size and Volume Forecast by Type
9.7.1. Sun-Activated Inks
9.7.2. Sun-Thermochromic Inks
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Sunlight Inks Demand Share Forecast, 2019-2026
10. Latin America Sunlight Inks Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Sunlight Inks Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Sunlight Inks Market Size and Volume Forecast by Application
10.4.1. Banknotes
10.4.2. Official Identity Documents
10.4.3. Tax Banderoles
10.4.4. Security Labels
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sunlight Inks Market Size and Volume Forecast by Type
10.7.1. Sun-Activated Inks
10.7.2. Sun-Thermochromic Inks
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Sunlight Inks Demand Share Forecast, 2019-2026
11. Europe Sunlight Inks Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Sunlight Inks Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Sunlight Inks Market Size and Volume Forecast by Application
11.4.1. Banknotes
11.4.2. Official Identity Documents
11.4.3. Tax Banderoles
11.4.4. Security Labels
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Sunlight Inks Market Size and Volume Forecast by Type
11.7.1. Sun-Activated Inks
11.7.2. Sun-Thermochromic Inks
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Sunlight Inks Demand Share, 2019-2026
12. Asia Pacific Sunlight Inks Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Sunlight Inks Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Sunlight Inks Market Size and Volume Forecast by Application
12.4.1. Banknotes
12.4.2. Official Identity Documents
12.4.3. Tax Banderoles
12.4.4. Security Labels
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sunlight Inks Market Size and Volume Forecast by Type
12.7.1. Sun-Activated Inks
12.7.2. Sun-Thermochromic Inks
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Sunlight Inks Demand Share, 2019-2026
13. Middle East & Africa Sunlight Inks Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Sunlight Inks Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Sunlight Inks Market Size and Volume Forecast by Application
13.4.1. Banknotes
13.4.2. Official Identity Documents
13.4.3. Tax Banderoles
13.4.4. Security Labels
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sunlight Inks Market Size and Volume Forecast by Type
13.7.1. Sun-Activated Inks
13.7.2. Sun-Thermochromic Inks
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Sunlight Inks Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sunlight Inks Market: Market Share Analysis
14.2. Sunlight Inks Distributors and Customers
14.3. Sunlight Inks Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SICPA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sun Chemical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Microtrace
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CTI
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gleitsmann Security Inks
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Collins
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cronite
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Villiger
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gans
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Kodak
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Godo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shojudo
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ANY
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Mingbo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Pingwei
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Letong Ink
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Jinpin
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Wancheng
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
