The Global Ink Additives Market by Type, Process, Technology, Application and Region - $1.96 Billion Forecast to 2023 - ResearchAndMarkets.com

The "Ink Additives Market by Type (Dispersing & Wetting Agents, Foam Control Additives, Slip/Rub Materials, Rheology Modifiers), Process, Technology, Application (Packaging, Publishing, Printing), and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global ink additives market size was USD 1,407.52 million in 2017 and is projected to reach USD 1,963.18 million by 2023, at a CAGR of 5.2% between 2018 and 2023.

The global ink additives industry is witnessing growth because of increasing applications, technological advancements, and increasing demand from Asia Pacific, mainly from China, Japan, India, and other Southeast Asian countries.

The single-most long-term growth potential for ink additives in packaging is attributed to rapid urbanization, increasing disposable income, growing preference for easy and compact packaging among consumers. However, the cost incurred across the value chain is one of the major concerns in the ink additives market.

The ink additives market is dominated by various players depending on their core competencies. New product launch and merger & acquisition were the frequently adopted strategies from 2013 to 2019. The key players in this market are ALTANA AG (Germany), BASF SE (Germany), Evonik Industries (Germany), Elementis PLC (UK), Solvay SA (Belgium), Harima Chemicals Group (Japan), Munzing Chemie GmbH (Germany), Shamrock Technologies Inc. (US), Dow Corning (US), and Lubrizol (US).

Demand for dispersing & wetting agents is expected to be the highest over the next five years

Dispersing & wetting agents help to stabilize the suspension of pigments in varnish. It assists in the dispersion of fine solid particles in the liquid phase. Pigment dispersant prevents agglomeration by weakening the intermolecular forces. For achieving the full intensity of color and maximum gloss, pigments must be distributed evenly. Fully distributed pigments help to increase the shelf life stability and reduces the tendency to flocculate or agglomerate the varnish.

Solvent-based technology represents the bulk of the demand for ink additives

The additives used in solvent-based technology are very less in comparison to water-based and UV-based technologies. Though many solvent-based inks are being phased out, they continue to be used by companies due to their low-cost during the entire printing ink manufacturing process.

Asia Pacific ink additives market is expected to witness significant growth during the forecast period

Factors influencing the overall demand from the packaging industry in Asia Pacific include increasing packaging demand that arises from food products, such as meat and seafood along with the rise in the beverage industry due to increasing consumption of soda, soft drinks, tea, and coffee. In addition, the rising demand for corrugated packaging is affected by the rapid expansion of the e-retail industry. These factors are expected to drive the ink additives market in Asia Pacific.

Topics Covered

1 Introduction

1.1 Objectives of the Study

1.2 Market Definition

1.3 Market Scope

1.4 Years Considered for the Study

1.5 Currency

1.6 Unit Considered

1.7 Limitations

1.8 Stakeholders

2 Research Methodology

2.1 Research Data

2.2 Market Size Estimation

2.3 Data Triangulation

2.4 Assumptions

3 Executive Summary

4 Premium Insights

4.1 Attractive Opportunities in the Ink Additives Market

4.2 Ink Additives Market, By Type

4.3 Ink Additives Market, By Region

4.4 APAC Ink Additives Market, By Type and Country

4.5 Ink Additives Market Attractiveness

5 Market Overview

5.1 Introduction

5.2 Market Dynamics

5.2.1 Drivers

5.2.1.1 Increased Demand From Flexible Packaging

5.2.1.2 Growing Demand for Corrugated Boxes Owing to Increased E-Commerce Sales

5.2.1.3 Development of Multipurpose Additives

5.2.1.4 Rising Demand for Biodegradable and Renewable Products

5.2.2 Restraints

5.2.2.1 Meeting Regulatory Standards

5.2.2.2 Shift From Print to Digital Media

5.2.3 Opportunities

5.2.3.1 Rising Demand in APAC, Especially in India and China

5.2.3.2 Strong Growth in the Inkjet Segment

5.2.4 Challenges

5.2.4.1 Volatile Raw Material Prices

5.2.4.2 Costly Regulatory Registrations

5.3 Porter's Five Forces Analysis

5.4 Macroeconomic Overview

6 Ink Additives Market, By Type

6.1 Introduction

6.2 Rheology Modifiers

6.3 Dispersing & Wetting Agents

6.4 Foam Control Additives

6.5 Slip/Rub Materials

6.6 Others

7 Ink Additives Market, By Technology

7.1 Introduction

7.2 Solvent-Based

7.3 Water-Based

7.4 Others

8 Ink Additives Market, By Process

8.1 Introduction

8.2 Lithographic

8.3 Gravure

8.4 Flexographic

8.5 Digital

9 Ink Additives Market, By Application

9.1 Introduction

9.2 Packaging

9.3 Publishing

9.4 Commercial Printing

10 Ink Additives Market, By Region

10.1 Introduction

10.2 APAC

10.3 Europe

10.4 North America

10.5 South America

10.6 Middle East & Africa

11 Competitive Landscape

11.1 Introduction

11.2 Market Ranking

11.3 Competitive Scenario

12 Company Profiles

12.1 ALTANA AG

12.2 BASF SE

12.3 Dow Corning

12.4 Elementis PLC

12.5 Evonik Industries

12.6 Harima Chemicals Group

12.7 Shamrock Technologies

12.8 Munzing Chemie GmbH

12.9 Solvay S.A.

12.10 Lubrizol

12.11 Additional Company Profiles

12.11.1 Keim Additec Surface GmbH

12.11.2 Allnex

12.11.3 Croda International PLC

12.11.4 Honeywell International Inc.

12.11.5 Dorf Ketal

12.11.6 Polyone Corporation

12.11.7 Clariant

12.11.8 Martnez Ayala

12.11.9 Siltech

12.11.10 Uniqchem

12.11.11 Venator

12.11.12 Raybo Chemical Company

12.11.13 The International Group Inc.

12.11.14 Krishna Antioxidants Pvt. Ltd.

12.11.15 Patcham

For more information about this report visit https://www.researchandmarkets.com/research/f7f8vd/the_global_ink?w=4

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