Dublin, Feb. 21, 2019 (GLOBE NEWSWIRE) -- 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.
Additives in the printing inks industry are the key chemicals used to modify the quality of the ink to be printed on the substrate based on requirements from the consumer. Ink additives can be produced from various sources. However, the cost of production plays an important role among manufacturers in choosing the right raw material for additives production. The most common raw materials used for manufacturing ink additives include silicone oils, paraffin waxes, and crude oil derivatives. The growing popularity among consumers for bio-based sources is expected to drive the market for sunflower oil and other such renewable sources of raw materials for ink additives.
Printing ink is widely used in the publishing industry. The shift of trend from newspapers, magazines, and traditional advertisement media toward e-books and online libraries has had a direct impact on the printing ink industry and furthered the ink additives market. Over the past few years, the demand for printing ink has substantially increased in the packaging industry. The growing demand for corrugated boxes and flexible packaging is expected to drive the ink additives market.
The growth is attributed to the increasing applications, technological advancements, and rising demand from the packaging industry in APAC, mainly from China, Vietnam, Indonesia, and India.
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).
Key Topics Covered:
1 Introduction
2 Research Methodology
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
5.4.1 Introduction
5.4.2 Growth of GDP Per Capita
5.4.3 Global Industrial Outlook
6 Ink Additives Market, By Type
6.1 Introduction
6.2 Rheology Modifiers
6.2.1 Several Advantages Offered By Rheology Modifiers is Driving Its Demand
6.3 Dispersing & Wetting Agents
6.3.1 Demand for Dispersing & Wetting Agents is High in Inks Manufacturing
6.4 Foam Control Additives
6.4.1 The Demand for Foam Control Additives is Rising From the Flexographic and Gravure Printing Processes
6.5 Slip/Rub Materials
6.5.1 The Increasing Demand for Waxes in Ink Manufacturing is Spurring the Demand for Slip/Rub Materials
6.6 Others
7 Ink Additives Market, By Technology
7.1 Introduction
7.2 Solvent-Based
7.2.1 The Demand for Solvent-Based Ink Additives is Due to their Low-Cost Investment
7.3 Water-Based
7.3.1 The Demand for Water-Based Technology is Rising Due to their Eco-Friendliness
7.4 Others
8 Ink Additives Market, By Process
8.1 Introduction
8.2 Lithographic
8.2.1 Low Economies of Scale is Driving the Demand for the Lithographic Process
8.3 Gravure
8.3.1 The Ability of Gravure Process to Offer Excellent Quality of Print and Color Densities is Boosting Its Demand
8.4 Flexographic
8.4.1 The Demand for Flexographic Process is Growing as It is More Eco-Friendly Than the Lithographic and Gravure Processes
8.5 Digital
8.5.1 Several Benefits of Digital Printing Process is Increasing Its Demand in Various Applications
8.5.2 Others
9 Ink Additives Market, By Application
9.1 Introduction
9.2 Packaging
9.2.1 The Growing Need for Flexible Packaging is Driving the Demand of Ink Additives in the Packaging Industry
9.3 Publishing
9.3.1 The Usage of Printed Books in APAC is Driving the Demand From the Publishing Industry
9.4 Commercial Printing
9.4.1 Moderate Demand for Marketing Campaigns Will Drive the Commercial Printing Application
10 Ink Additives Market, By Region
11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking
11.3 Competitive Scenario
11.3.1 New Product Launch
11.3.2 Merger & Acquisition
11.3.3 Expansion
11.3.4 Partnership& Agreement
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
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