UV Curable Inks Market will grow at 14% during forecast period 2019-2026
Posted On January 02, 2020
As per a report published by Value Market Research on the Global UV Curable Inks Market, the market was predicted to have a CAGR of 14% in the forecasted period from 2020 to 2026. The growth in the demand for many printing applications such as food package printing and 3D printing owing to superior qualities such as reduced drying time, high bonding time, low volatile compound (VOC) content are the key drivers responsible for the growth of the global ultraviolet (UV )curable inks market. Ultraviolet (UV) is also expected to continue its growth in the industrial sectors owing to the constant technological advancements. However, the high initial cost and volatile raw material prices are expected to hamper the growth of the market.
Ultraviolet(UV) curable ink is a type of ink which consists of ultraviolet light from different wavelengths and energy. It is utilized for making ink monomer polymerization into polymers, making the ink film and for drying. UV (ultraviolet) curable inks undergo a photochemical process in the presence of UV light which leads to the drying of ink. These inks help to speed up the process of printing by reducing the time required for drying. Ultraviolet (UV) curable inks do not use environmentally harmful solvents and they also do not cause the loss of coating thickness and volume loss in the final prints.
The report “Global UV Curable Inks Market Report By Type (Offset Printing UV Curable Inks, Silkscreen Printing UV Curable Inks, Flexo Printing UV Curable Inks, Gravure UV Curable Inks, Digital Printing UV Curable Inks), Applications (Automobile, Consumer Goods, Medical, Publications and Printing, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2019-2026” covers the global ultraviolet (UV) curable inks market with an in-depth outlook on the market trends, growth, dynamics and forecast within the period from 2020 to 2026.
By type, offset printing UV curable inks, silkscreen printing UV curable inks, flexo printing UV curable inks, gravure UV curable inks and digital printing UV curable inks are the classifications provided for the global ultraviolet(UV) curable inks market.
By application, automobile, consumer goods, medical and publications & printing are the segments of the global ultraviolet(UV) curable inks market where publications & printing has emerged as the leading segment as per the report.
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa are the regional segments of the global ultraviolet(UV) curable inks market where Asia Pacific has emerged as the global leader of the ultraviolet (UV) curable inks market owing to being a major shareholder in the market. The report also further focuses on the demand for individual application segments in all the listed regions.
The Report Segments Global UV Curable Inks Market -
- Offset Printing UV Curable Inks
- Silkscreen Printing UV Curable Inks
- Flexo Printing UV Curable Inks
- Gravure UV Curable Inks
- Digital Printing UV Curable Inks
- Consumer Goods
- Publications and Printing
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Players Profiled In the Report:
DIC, Flint Group, Gans Ink & Supply, Hanghua Toka, Hewlett-Packard, NUtec Digital Ink, Ricoh, Siegwerk, Toyo Ink Group
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