Global Ink Solvent Market

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Global Ink Solvent Market was valued at US$ 974.37 Mn in 2019 and expected to reach US$ $ 1456 Mn by 2026, at a CAGR of 5.91 % during the forecast period.

The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short term and long term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region wise.

 

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Global Ink Solvent Market Dynamics:

Ink Solvent is used on a large scale for commercial, industrial, and household printing purposes. The most widely used solvents for manufacturing inks are methylated spirits, ethyl acetate, isopropanol, and n-propyl acetate. Solvents have some incredible characteristics like inexpensive nature, high efficiency, quick evaporation rate, and non-coating properties and these are the important factors that are promoting the market positively.

The current market for solvent-based inks is primarily driven by the higher demand from the packaging industry. The rapid development in the packing industry is boosting demand for printed and attractive material which is boosting the adoption of solvent-based inks as the product offers better properties such as weather-resistance.

The latest trend in the market is bio-degradable solvents. The use of eco-friendly inks and new printing technologies is growing as the packaging market continues to drive for sustainable products.

The major drivers for this market are the growing demand for printing inks from the packaging industry. Ink solvent is one of the main raw materials used for the production of printing inks. The growing demand for ink solvents in various applications such as packaging, publishing, and business communication is expected to drive the demand for ink solvents.

The raw materials used for manufacturing ink solvents are supplied by the oil and gas company. The fluctuations in the crude oil prices affect raw material prices, such as aromatic, ketones, esters, and alcohols, used for manufacturing ink solvent.

Geographically, the Ink solvent market is segmented into Asia Pacific, North America, Europe, South America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market due to the growing consumption of the product in packaging, corrugated, publication, and others. Countries such as China, Japan, and India are the major players in this market. The increasing demand for packet food from the packaging sector and growing research & development activities in end-use industries has propelled the region to witness higher growth over the assessment period.
Global Ink Solvent Market Regional Analysis:

The North American region is growing significantly in the market due to increasing mergers & acquisitions of Ink Solvent products among the major companies. It is predicted that growing investment in the end-use industries is likely to drive the market in the region during the forecast period.

The European market has also observed remarkable growth due to the implementation of new rules and regulations proposed by the government to follow bio-based solvents in the production of glazed and transparent paper.

The report covers a comprehensive review of major market drivers, restraints, opportunities, challenges, key issues, PESTLE analysis, Porter's analysis, SWOT analysis, and technology forecasting in the market.
Global Ink Solvent Market, Key Highlights:

• Global Ink Solvent Market analysis and forecast, in terms of value.

• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Ink Solvent Market

• Global Ink Solvent Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.

• Global Ink Solvent Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.

• Global Ink Solvent Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.

• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.

• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Ink Solvent Market are also profiled.

The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
Global Ink Solvent Market Report Scope: Inquire before buying

Global Ink Solvent Market, by Chemistry

• Alcohols
• Acetates
• Hydrocarbons
Global Ink Solvent Market, by Product Type

• Conventional
• Green
• Bio-based
Global Ink Solvent Market, by Process

• Flexographic
• Gravure
• Others
Global Ink Solvent Market, by Application

• Packaging
• Corrugated
• Publication
Global Ink Solvent Market, by Region

• North America
• Europe
• Asia-Pacific
• Middle East & Africa
• South America
Global Ink Solvent Market Key Players

• Arkema
• Ashland
• BASF
• Celanese
• The Dow Chemical Company
• Archer Daniels Midland Company
• Cargill
• Eastman Chemical Company
• INEOS
• Myriant Corporation
• OMNOVA Solutions
• Shell
• Solvay
• Vertec BioSolvent
• Ink Solvent

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