As per this study the Global UV Curable Inks Market was valued USD XX MN (by revenue) in 2022 and is anticipated to reach USD XX MN by 2030 with a CAGR of XX%.
UV curable ink is a kind of ink with ultraviolet light from different wavelengths and energy to make ink monomer polymerization into polymers in the connection of material, make the ink film and drying. UV (ultraviolet) curable inks undergo a photochemical process in presence of UV light, which leads to drying of ink. These inks speed up the printing process by reducing the drying time. UV curable inks do not employ the use of environmentally harmful solvents, moreover; they do not cause loss of coating thickness and volume loss in final prints.
Market Dynamics
Growing demand in many printing applications such as food package printing, 3D printing; owing superior qualities such as reduced drying time, high bonding time, low volatile organic compound (VOC) content is expected to drive market growth. However, volatile raw material prices and high initial costs are expected to restrain market growth. Whereas, UV ink is expected to continue its growth in the industrial sectors owing to the constant technological advancements.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of UV curable inks.
Market Segmentation
The broad UV curable inks market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
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
By Application
- Automobile
- Consumer Goods
- Medical
- Publications and Printing
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for UV curable inks in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global UV Curable Inks Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the UV curable inks market includes DIC, Flint Group, Gans Ink & Supply, Hanghua Toka, Hewlett-Packard, NUtec Digital Ink, Ricoh, Siegwerk, Toyo Ink Group. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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