Screen Printing Inks Market to Reach $1,045.7 Million by 2026: Transparency Market Research – Covering Printing Inks, Coatings and Related Industries

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According to a new report titled “Screen Printing Inks Market: Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2018-2026“, published by Transparency Market Research (TMR).

Packaging adds unique value to any product and sets it apart from other similar products.
Packaging printers are the main end users of UV curable screen printing inks. The demand for UV-curable screen printing inks in the packaging industry has increased over the past few years.

These inks are in high demand in flexography, cut sheet and screen printing.

The global packaging industry is estimated to be around $1 trillion by 2020. This would significantly increase the global demand for water-based screen printing inks over the next few years. These trends are expected to fuel the global screen printing inks market in the near future.

Packaging is a key segment of the screen printing ink market. An increase in the demand for flexible packaging in the food and beverage industry is expected to drive the demand for water-based screen printing inks over the next few years. The packaging applications segment includes printing on several products such as flexible packaging, corrugated containers, tags and labels, folding cartons and metal boxes.

Based on region, the global screen printing inks market has been segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Asia-Pacific dominated the global market in 2017.

According to leading screen printing ink manufacturers based in Asia-Pacific, the demand for screen printing inks in the region has increased, especially in the packaging and automotive sectors. Additionally, the market in India, Mexico and Brazil is growing at a substantial rate owing to the growing demand for screen printing inks for printing automotive components.

Asia-Pacific is expected to remain an attractive market for screen printing inks during the forecast period. International players are focusing more on Asia-Pacific, owing to the large-scale production of automobiles and the growth of the packaging industry in countries like India, Vietnam, and Singapore.

The demand for screen printing inks in Latin America, Middle East and Africa is expected to increase at a rapid rate during the forecast period. In value, the market in these regions is estimated to grow strongly between 2018 and 2026, due to an increase in the consumption of screen printing inks for printing automotive components.

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