Screen Printing Inks Market Size, Strategies and Opportunities

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The research report “Screen Printing Inks Market: By Type (Solvent-based, Water-based, UV Curable and Others), By Application (Commercial Printing, Publishing, Labels and Packaging and Others) and Geography – Forecast global/regional/national to 2028.” Global Screen Printing Inks Market is anticipated to be valued at USD 642 Million in 2021 and is projected to grow at a significant CAGR rate of 2.5% over the forecast period, 2022-28.

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Growing awareness of consumer welfare is fueling the global screen printing inks market:
The packaging adds unique value to the product to make it look different from other identical products. The growing demand is there for UV curable screen printing inks from the packaging industry and is expected to continue to be in demand in the future. These inks are in high demand in screen printing. Hence, such trends are expected to boost the global market in the near future. Additionally, the demand for environmentally friendly screen printing inks is driving the growth of the market. The global packaging industry is expected to show lucrative growth over the forecast period, which would significantly fuel the global demand for water-based screen printing inks. Flexible packaging includes films, pouches and bags that can be wrapped around a product and are used in pharmaceuticals, personal care products, food products, cosmetics and beverages. Some of the major factors driving the market are rising middle class disposable income, growing inclination for online reading, growing demand for screen printing inks from packaging industry and the growing awareness of consumer welfare.

Solvent-based inks contain toxic metals and inorganic solvents. Therefore, the use of such inks can lead to several health exposures if these substances come into direct contact with edible products. Printing inks are mainly used with solvents as base materials. Several safety regulations have been improved to avoid adverse health consequences caused by the ingestion of toxic substances. Therefore, strict environmental regulations are attached to screen printing inks used in packaging. Environmental regulations imposed on printing inks are one of the major factors limiting the demand for solvent-based screen printing inks.

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Asia-Pacific accounted for a larger revenue share in the global screen printing inks market:
The Global Screen Printing Inks Market report provides a comprehensive outlook on the Screen Printing Inks worldwide with a focus on major regions such as Asia-Pacific, North America, America Latin America, Europe, the Middle East and Africa. Among these regions, Asia-Pacific has obtained major revenue share in the global market with high CAGR rate owing to growing demand from end-use industries and additionally, international players have also increased their focus on Asia-Pacific due to large-scale production of automobiles and packaging. industry growth.

Competitive Analysis – Global Screen Printing Inks Market:
Major players in the global screen printing inks market are Toyo Ink Co., Ltd. (Japan), Sun Chemical (USA), Siegwerk Druckfarben AG & Co. KGaA (USA), Proell KG (Germany) and Nazdar Ink Technologies (USA). ).

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This press release was published on openPR.

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