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Ink Additives Market Trends

Report ID: GMI8961
Published Date: Apr 2024
Report Format: PDF

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Ink Additives Market Trends

An emerging trend within the ink additive market pertains to a heightened emphasis on sustainability and eco-friendliness. Concurrent with a rising consciousness surrounding environmental issues, there exists an escalating demand for ink additives designed to mitigate environmental impact throughout the printing process. Manufacturers are actively pursuing the development of innovative formulations that integrate renewable resources, biodegradable materials, and non-toxic chemicals.

Moreover, there is a notable drive towards additives facilitating more efficient ink utilization, thereby curtailing waste and conserving resources. This trend underscores a broader global shift towards sustainable practices and resonates with ongoing sustainability initiatives across various industries. As regulatory frameworks pertaining to environmental standards grow increasingly stringent and consumer preferences pivot towards eco-conscious products, the trajectory indicates a sustained elevation in the demand for sustainable ink additives. This, in turn, is poised to stimulate further advancements and ingenuity within the realm of eco-friendly printing solutions.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The ink additives market was valued at USD 2.26 billion in 2023 and is anticipated to register 5.6% CAGR between 2024 and 2032, driven by technological advancements in printing processes.

The packaging segment accounted for 37.4% of the ink additive industry share in 2023 and is projected to grow by 2032, fueled by the increasing demand for visually appealing and durable packaging solutions across various industries, including F&B, cosmetics, and pharmaceuticals.

North America ink additive market generated USD 756.6 million in 2023 and is expected to reach USD 1,260 million through 2032, attributed to a mature and well-established organic market, supported by robust regulatory frameworks and certification standards that ensure product integrity and consumer trust.

Arkema S.A., Ashland Global Holdings Inc., BASF SE, Clariant AG, Croda International PLC, Dow Chemical Company, Eastman Chemical Company., Elementis plc, Evonik Industries AG, Huntsman Corporation, Lubrizol Corporation and Solvay S.A.