Digital Inks Market Scope
Digital inks are chemicals which are used to print digital-based images into a variety of media. The inks enable on-demand printing having limited turn-around time and offers various advantages including enhanced image stability, high-quality texts, and customization. The growing demand for digital inks in the ceramic textile industry is the major factor in the growth of the very market.
According to AMA, the Global Digital Inks market is expected to see growth rate of 8.5% and may see market size of USD3.8 Billion by 2026.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Digital Inks market throughout the predicted period.
Sun Chemical (United States), INX International Ink (United States), Toyo Ink SC Holdings Co. (Japan), JK Group (Italy), Nazdar Company (United States), Marabu GmbH & Co. KG (Germany), Bordeaux Digital Printink Ltd. (United States), Fujifilm Holdings Corporation (Japan), Sensient Imaging Technologies (United States) and Nutec Digital Ink (South Africa) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Wikoff Color Corporation (United States), Electronics For Imaging Inc. (United States), Sakata Inx Corporation (Japan), Siegwerk Druckfarben Ag & Co. Kgaa (Germany) and Flint Group (Luxembourg).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Digital Inks market by Type (Solvent-based, Water-based, UV-cured and Others), by Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Packaging, Publication, Glass Printing and Others) and Region with country level break-up.
On the basis of geography, the market of Digital Inks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Spain, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In December 2018, Komori Corporation and Siegwerk launched their revolutionary high sensitivity K-Supply UV inks, setting new standards for consistent color print quality, versatility, hardness and eco-friendly performance
- Growing shift towards environment-friendly digital inks and advancement in printing technology
- Advancement in printing technology such as piezo technology-based inkjet print
- Increasing usage of digital printing over conventional analog printing
- The growth of the digital textile printing inks market
- Increase in demand for digital inks from the ceramic tiles industry
- Surging adoption of digital inks in the packaging sector
- Increasing investment in research and development (R&D)
- Stringent government regulations restricting the use of inorganic solvents and toxic metals
- A slowdown in the publishing market
- The advent of digital signage
- Large quantities of waste ink produced during the spill, drainage from the press and excess dosing.
Key Target AudienceManufacturers, Dealers, and Suppliers of Digital Inks, End Users of Digital Inks, Associations and Industrial Bodies, Investment Banks, Government and Research Organizations, Companies Operational in Material R&D, End Users of Digital Inks and Others