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UV Curable Ink Market By Type (Offset Ink, Flexo Ink, Screen Printing, Digital Printing, Inkjet, Others), By End Use (Automobile, Consumer goods, Medical, Publications and printing, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 200 Pages
  • March 2023
  • Region: Global
  • Allied Market Research
  • ID: 5640434
Description Jump to:
The global UV curable ink market was valued at $4.5 billion in 2021, and is projected to reach $12.4 billion by 2031, growing at a CAGR of 10.8% from 2022 to 2031.

UV curable inks are processed through a photochemical process in presence of ultraviolet light, which leads to the drying of the ink. These inks have witnessed prevalent acceptance over traditional inks, owing to several advantages, such as surge in superior bonding, rise in superior solvent resistance properties, reduction in rejection rates, and increase in production output. UV inks have witnessed an increase in their adoption, due to increase in awareness and surge in concentration on improving the safety of packaged foods and change in environmental regulations. The UV curable inks have been extensively used in the packaging industry, majorly in Asia-Pacific.

Unique characteristics of UV curable inks and rise in awareness among printers are projected to amplify the demand for UV curable inks across the globe. The growth in adoption of these inks because of their high-performance efficiency, especially in the 3D printing sector and low environmental impact is projected to drive the growth of the global market. Asia-Pacific market is rising substantially as the adoption rate of UV inks in the region is high. The growth in demand for UV curable ink from developing countries, such as India and China is expected to boost the UV curable ink market growth during the forecast period.

Strict regulatory frameworks by agencies namely, the Underwriter’s Laboratories and the European Printing Ink Association are likely to have a positive impact on the UV curable ink market growth. Several standards and certifications have been implemented for these inks, to offer consumer protection and decrease potential hazards. High initial cost and fluctuation in raw material prices may hinder the growth of the UV curable inks market during the forecast period. High costs refer to an array of anilox rolls that are required to adjust the print color and costly ultraviolet curing equipment. However, rapidly rise in demand for UV curing inks from end use industries, such as consumer goods, medical, publication & printing, and automobile is projected to boost the market growth during the forecast period.

The UV curable ink market is segmented on the basis of type, end-use, and region. On the basis of type, the market is categorized into offset ink, flexo Ink, screen printing, digital printing, inkjet, and others. On the basis of end-use, it is divided into automobile, consumer goods, medical, publication & printing, and others. Region-wise, the market is studied across North America, Europe, Asia-Pacific, and LAMEA.

In addition, the report covers profiles of key industry participants such as Teikoku Printing Inks Mfg. Co., Ltd, Maxell, Ltd, Flint Group, Gans Ink & Supply Co, Marabu GmbH & Co. KG, Kao Collins Corporation, Spinks World, NUtec Digital Ink, RUCO Druckfarben, and Toyo Ink SC Holdings Co., Ltd. These players have adopted several strategies to propel the market of microporous material during the forecast period.

KEY BENEFITS FOR STAKEHOLDERS

  • The report provides an extensive qualitative and quantitative analysis of the current trends and future estimations of the global UV curable inks market from 2021 to 2031 to determine the prevailing opportunities.
  • A comprehensive analysis of the factors that drive and restrict the growth of the market is provided.
  • Estimations and forecast are based on factors impacting the market growth, in terms of both value and volume.
  • Profiles of leading players operating in the market are provided to understand the global competitive scenario.
  • The report provides extensive qualitative insights on the significant segments and regions exhibiting favorable market growth.
COVID-19 Impact on Market
  • UV curable ink prices were high in the Asia-Pacific region during the OCIVD-19 scenario due to regional demand trends and tight product availability. However, the increase in awareness for eco-friendly products among citizens of both developed and developing economies is anticipated to surge the popularity of UV curable ink in various end use sectors post COVID-19.
  • Additionally, the overall service activities of market players have registered a steady and favorable recovery in the subsequent months with an increase in the sales of passenger cars. This is predicted to enhance the performance of the UV Curable Ink market post-COVID

Key Market Segments

By Type

  • Digital Printing
  • Offset Ink
  • Flexo Ink
  • Screen Printing
  • Inkjet
  • Others

By End Use

  • Automobile
  • Consumer goods
  • Medical
  • Publications and printing
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • South Africa,
  • Saudi Arabia
  • Rest of LAMEA

Key Market Players

  • flint group
  • Toyo Ink SC Holdings Co., Ltd
  • RUCO Druckfarben
  • Maxell, Ltd
  • Spinks World
  • .Kao Collins Corporation
  • Teikoku Printing Inks Mfg. Co., Ltd
  • Nutec Digital Ink Pvt. Ltd.
  • Gans Ink & Supply Co.
  • Marabu GmbH & Co. KG

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.3. Porter’s five forces analysis
3.3.1. Bargaining power of suppliers
3.3.2. Bargaining power of buyers
3.3.3. Threat of substitutes
3.3.4. Threat of new entrants
3.3.5. Intensity of rivalry
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increased demand for offset UV curable ink from packaging industry
3.4.1.2. Increase in demand from automotive sector
3.4.1.3. Robust demand from publication and packaging sector
3.4.2. Restraints
3.4.2.1. Volatility in raw material prices and availability of substitutes
3.4.3. Opportunities
3.4.3.1. Rapid shift toward environment-friendly products
3.4.3.2. Rapid growth of medical sector
3.5. COVID-19 Impact Analysis on the market
3.6. Market Share Analysis
3.7. Patent Landscape
3.8. Pricing Analysis
3.9. Regulatory Guidelines
3.10. Value Chain Analysis
CHAPTER 4: UV CURABLE INK MARKET, BY TYPE
4.1. Overview
4.1.1. Market size and forecast
4.2. Offset Ink
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market share analysis by country
4.3. Flexo Ink
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market share analysis by country
4.4. Screen Printing
4.4.1. Key market trends, growth factors and opportunities
4.4.2. Market size and forecast, by region
4.4.3. Market share analysis by country
4.5. Digital Printing
4.5.1. Key market trends, growth factors and opportunities
4.5.2. Market size and forecast, by region
4.5.3. Market share analysis by country
4.6. Inkjet
4.6.1. Key market trends, growth factors and opportunities
4.6.2. Market size and forecast, by region
4.6.3. Market share analysis by country
4.7. Others
4.7.1. Key market trends, growth factors and opportunities
4.7.2. Market size and forecast, by region
4.7.3. Market share analysis by country
CHAPTER 5: UV CURABLE INK MARKET, BY END USE
5.1. Overview
5.1.1. Market size and forecast
5.2. Automobile
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market share analysis by country
5.3. Consumer goods
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market share analysis by country
5.4. Medical
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market share analysis by country
5.5. Publications and printing
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market share analysis by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market share analysis by country
CHAPTER 6: UV CURABLE INK MARKET, BY REGION
6.1. Overview
6.1.1. Market size and forecast By Region
6.2. North America
6.2.1. Key trends and opportunities
6.2.2. Market size and forecast, by Type
6.2.3. Market size and forecast, by End Use
6.2.4. Market size and forecast, by country
6.2.4.1. U.S.
6.2.4.1.1. Key market trends, growth factors and opportunities
6.2.4.1.2. Market size and forecast, by Type
6.2.4.1.3. Market size and forecast, by End Use
6.2.4.2. Canada
6.2.4.2.1. Key market trends, growth factors and opportunities
6.2.4.2.2. Market size and forecast, by Type
6.2.4.2.3. Market size and forecast, by End Use
6.2.4.3. Mexico
6.2.4.3.1. Key market trends, growth factors and opportunities
6.2.4.3.2. Market size and forecast, by Type
6.2.4.3.3. Market size and forecast, by End Use
6.3. Europe
6.3.1. Key trends and opportunities
6.3.2. Market size and forecast, by Type
6.3.3. Market size and forecast, by End Use
6.3.4. Market size and forecast, by country
6.3.4.1. Germany
6.3.4.1.1. Key market trends, growth factors and opportunities
6.3.4.1.2. Market size and forecast, by Type
6.3.4.1.3. Market size and forecast, by End Use
6.3.4.2. UK
6.3.4.2.1. Key market trends, growth factors and opportunities
6.3.4.2.2. Market size and forecast, by Type
6.3.4.2.3. Market size and forecast, by End Use
6.3.4.3. France
6.3.4.3.1. Key market trends, growth factors and opportunities
6.3.4.3.2. Market size and forecast, by Type
6.3.4.3.3. Market size and forecast, by End Use
6.3.4.4. Italy
6.3.4.4.1. Key market trends, growth factors and opportunities
6.3.4.4.2. Market size and forecast, by Type
6.3.4.4.3. Market size and forecast, by End Use
6.3.4.5. Spain
6.3.4.5.1. Key market trends, growth factors and opportunities
6.3.4.5.2. Market size and forecast, by Type
6.3.4.5.3. Market size and forecast, by End Use
6.3.4.6. Rest of Europe
6.3.4.6.1. Key market trends, growth factors and opportunities
6.3.4.6.2. Market size and forecast, by Type
6.3.4.6.3. Market size and forecast, by End Use
6.4. Asia-Pacific
6.4.1. Key trends and opportunities
6.4.2. Market size and forecast, by Type
6.4.3. Market size and forecast, by End Use
6.4.4. Market size and forecast, by country
6.4.4.1. China
6.4.4.1.1. Key market trends, growth factors and opportunities
6.4.4.1.2. Market size and forecast, by Type
6.4.4.1.3. Market size and forecast, by End Use
6.4.4.2. India
6.4.4.2.1. Key market trends, growth factors and opportunities
6.4.4.2.2. Market size and forecast, by Type
6.4.4.2.3. Market size and forecast, by End Use
6.4.4.3. South Korea
6.4.4.3.1. Key market trends, growth factors and opportunities
6.4.4.3.2. Market size and forecast, by Type
6.4.4.3.3. Market size and forecast, by End Use
6.4.4.4. Japan
6.4.4.4.1. Key market trends, growth factors and opportunities
6.4.4.4.2. Market size and forecast, by Type
6.4.4.4.3. Market size and forecast, by End Use
6.4.4.5. Australia
6.4.4.5.1. Key market trends, growth factors and opportunities
6.4.4.5.2. Market size and forecast, by Type
6.4.4.5.3. Market size and forecast, by End Use
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Key market trends, growth factors and opportunities
6.4.4.6.2. Market size and forecast, by Type
6.4.4.6.3. Market size and forecast, by End Use
6.5. LAMEA
6.5.1. Key trends and opportunities
6.5.2. Market size and forecast, by Type
6.5.3. Market size and forecast, by End Use
6.5.4. Market size and forecast, by country
6.5.4.1. Brazil
6.5.4.1.1. Key market trends, growth factors and opportunities
6.5.4.1.2. Market size and forecast, by Type
6.5.4.1.3. Market size and forecast, by End Use
6.5.4.2. South Africa,
6.5.4.2.1. Key market trends, growth factors and opportunities
6.5.4.2.2. Market size and forecast, by Type
6.5.4.2.3. Market size and forecast, by End Use
6.5.4.3. Saudi Arabia
6.5.4.3.1. Key market trends, growth factors and opportunities
6.5.4.3.2. Market size and forecast, by Type
6.5.4.3.3. Market size and forecast, by End Use
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Key market trends, growth factors and opportunities
6.5.4.4.2. Market size and forecast, by Type
6.5.4.4.3. Market size and forecast, by End Use
CHAPTER 7: COMPETITIVE LANDSCAPE
7.1. Introduction
7.2. Top winning strategies
7.3. Product Mapping of Top 10 Player
7.4. Competitive Dashboard
7.5. Competitive Heatmap
7.6. Top player positioning, 2021
CHAPTER 8: COMPANY PROFILES
8.1. RUCO Druckfarben
8.1.1. Company overview
8.1.2. Key Executives
8.1.3. Company snapshot
8.1.4. Operating business segments
8.1.5. Product portfolio
8.2. flint group
8.2.1. Company overview
8.2.2. Key Executives
8.2.3. Company snapshot
8.2.4. Operating business segments
8.2.5. Product portfolio
8.3. Toyo Ink SC Holdings Co., Ltd
8.3.1. Company overview
8.3.2. Key Executives
8.3.3. Company snapshot
8.3.4. Operating business segments
8.3.5. Product portfolio
8.4. Gans Ink & Supply Co.
8.4.1. Company overview
8.4.2. Key Executives
8.4.3. Company snapshot
8.4.4. Operating business segments
8.4.5. Product portfolio
8.5. Nutec Digital Ink Pvt. Ltd.
8.5.1. Company overview
8.5.2. Key Executives
8.5.3. Company snapshot
8.5.4. Operating business segments
8.5.5. Product portfolio
8.5.6. Key strategic moves and developments
8.6. .Kao Collins Corporation
8.6.1. Company overview
8.6.2. Key Executives
8.6.3. Company snapshot
8.6.4. Operating business segments
8.6.5. Product portfolio
8.7. Maxell, Ltd
8.7.1. Company overview
8.7.2. Key Executives
8.7.3. Company snapshot
8.7.4. Operating business segments
8.7.5. Product portfolio
8.7.6. Business performance
8.8. Teikoku Printing Inks Mfg. Co., Ltd
8.8.1. Company overview
8.8.2. Key Executives
8.8.3. Company snapshot
8.8.4. Operating business segments
8.8.5. Product portfolio
8.8.6. Business performance
8.8.7. Key strategic moves and developments
8.9. Marabu GmbH & Co. KG
8.9.1. Company overview
8.9.2. Key Executives
8.9.3. Company snapshot
8.9.4. Operating business segments
8.9.5. Product portfolio
8.10. Spinks World
8.10.1. Company overview
8.10.2. Key Executives
8.10.3. Company snapshot
8.10.4. Operating business segments
8.10.5. Product portfolio
List of Tables
TABLE 01. GLOBAL UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 02. GLOBAL UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 03. UV CURABLE INK MARKET FOR OFFSET INK, BY REGION, 2021-2031 ($MILLION)
TABLE 04. UV CURABLE INK MARKET FOR OFFSET INK, BY REGION, 2021-2031 (TONS)
TABLE 05. UV CURABLE INK MARKET FOR FLEXO INK, BY REGION, 2021-2031 ($MILLION)
TABLE 06. UV CURABLE INK MARKET FOR FLEXO INK, BY REGION, 2021-2031 (TONS)
TABLE 07. UV CURABLE INK MARKET FOR SCREEN PRINTING, BY REGION, 2021-2031 ($MILLION)
TABLE 08. UV CURABLE INK MARKET FOR SCREEN PRINTING, BY REGION, 2021-2031 (TONS)
TABLE 09. UV CURABLE INK MARKET FOR DIGITAL PRINTING, BY REGION, 2021-2031 ($MILLION)
TABLE 10. UV CURABLE INK MARKET FOR DIGITAL PRINTING, BY REGION, 2021-2031 (TONS)
TABLE 11. UV CURABLE INK MARKET FOR INKJET, BY REGION, 2021-2031 ($MILLION)
TABLE 12. UV CURABLE INK MARKET FOR INKJET, BY REGION, 2021-2031 (TONS)
TABLE 13. UV CURABLE INK MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)
TABLE 14. UV CURABLE INK MARKET FOR OTHERS, BY REGION, 2021-2031 (TONS)
TABLE 15. GLOBAL UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 16. GLOBAL UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 17. UV CURABLE INK MARKET FOR AUTOMOBILE, BY REGION, 2021-2031 ($MILLION)
TABLE 18. UV CURABLE INK MARKET FOR AUTOMOBILE, BY REGION, 2021-2031 (TONS)
TABLE 19. UV CURABLE INK MARKET FOR CONSUMER GOODS, BY REGION, 2021-2031 ($MILLION)
TABLE 20. UV CURABLE INK MARKET FOR CONSUMER GOODS, BY REGION, 2021-2031 (TONS)
TABLE 21. UV CURABLE INK MARKET FOR MEDICAL, BY REGION, 2021-2031 ($MILLION)
TABLE 22. UV CURABLE INK MARKET FOR MEDICAL, BY REGION, 2021-2031 (TONS)
TABLE 23. UV CURABLE INK MARKET FOR PUBLICATIONS AND PRINTING, BY REGION, 2021-2031 ($MILLION)
TABLE 24. UV CURABLE INK MARKET FOR PUBLICATIONS AND PRINTING, BY REGION, 2021-2031 (TONS)
TABLE 25. UV CURABLE INK MARKET FOR OTHERS, BY REGION, 2021-2031 ($MILLION)
TABLE 26. UV CURABLE INK MARKET FOR OTHERS, BY REGION, 2021-2031 (TONS)
TABLE 27. UV CURABLE INK MARKET, BY REGION, 2021-2031 ($MILLION)
TABLE 28. UV CURABLE INK MARKET, BY REGION, 2021-2031 (TONS)
TABLE 29. NORTH AMERICA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 30. NORTH AMERICA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 31. NORTH AMERICA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 32. NORTH AMERICA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 33. NORTH AMERICA UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 34. NORTH AMERICA UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 (TONS)
TABLE 35. U.S. UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 36. U.S. UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 37. U.S. UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 38. U.S. UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 39. CANADA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 40. CANADA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 41. CANADA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 42. CANADA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 43. MEXICO UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 44. MEXICO UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 45. MEXICO UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 46. MEXICO UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 47. EUROPE UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 48. EUROPE UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 49. EUROPE UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 50. EUROPE UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 51. EUROPE UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 52. EUROPE UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 (TONS)
TABLE 53. GERMANY UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 54. GERMANY UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 55. GERMANY UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 56. GERMANY UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 57. UK UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 58. UK UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 59. UK UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 60. UK UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 61. FRANCE UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 62. FRANCE UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 63. FRANCE UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 64. FRANCE UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 65. ITALY UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 66. ITALY UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 67. ITALY UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 68. ITALY UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 69. SPAIN UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 70. SPAIN UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 71. SPAIN UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 72. SPAIN UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 73. REST OF EUROPE UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 74. REST OF EUROPE UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 75. REST OF EUROPE UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 76. REST OF EUROPE UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 77. ASIA-PACIFIC UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 78. ASIA-PACIFIC UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 79. ASIA-PACIFIC UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 80. ASIA-PACIFIC UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 81. ASIA-PACIFIC UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 82. ASIA-PACIFIC UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 (TONS)
TABLE 83. CHINA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 84. CHINA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 85. CHINA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 86. CHINA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 87. INDIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 88. INDIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 89. INDIA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 90. INDIA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 91. SOUTH KOREA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 92. SOUTH KOREA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 93. SOUTH KOREA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 94. SOUTH KOREA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 95. JAPAN UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 96. JAPAN UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 97. JAPAN UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 98. JAPAN UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 99. AUSTRALIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 100. AUSTRALIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 101. AUSTRALIA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 102. AUSTRALIA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 103. REST OF ASIA-PACIFIC UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 104. REST OF ASIA-PACIFIC UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 105. REST OF ASIA-PACIFIC UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 106. REST OF ASIA-PACIFIC UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 107. LAMEA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 108. LAMEA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 109. LAMEA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 110. LAMEA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 111. LAMEA UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 ($MILLION)
TABLE 112. LAMEA UV CURABLE INK MARKET, BY COUNTRY, 2021-2031 (TONS)
TABLE 113. BRAZIL UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 114. BRAZIL UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 115. BRAZIL UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 116. BRAZIL UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 117. SOUTH AFRICA, UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 118. SOUTH AFRICA, UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 119. SOUTH AFRICA, UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 120. SOUTH AFRICA, UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 121. SAUDI ARABIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 122. SAUDI ARABIA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 123. SAUDI ARABIA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 124. SAUDI ARABIA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 125. REST OF LAMEA UV CURABLE INK MARKET, BY TYPE, 2021-2031 ($MILLION)
TABLE 126. REST OF LAMEA UV CURABLE INK MARKET, BY TYPE, 2021-2031 (TONS)
TABLE 127. REST OF LAMEA UV CURABLE INK MARKET, BY END USE, 2021-2031 ($MILLION)
TABLE 128. REST OF LAMEA UV CURABLE INK MARKET, BY END USE, 2021-2031 (TONS)
TABLE 129. RUCO DRUCKFARBEN: KEY EXECUTIVES
TABLE 130. RUCO DRUCKFARBEN: COMPANY SNAPSHOT
TABLE 131. RUCO DRUCKFARBEN: PRODUCT SEGMENTS
TABLE 132. RUCO DRUCKFARBEN: PRODUCT PORTFOLIO
TABLE 133. FLINT GROUP: KEY EXECUTIVES
TABLE 134. FLINT GROUP: COMPANY SNAPSHOT
TABLE 135. FLINT GROUP: PRODUCT SEGMENTS
TABLE 136. FLINT GROUP: PRODUCT PORTFOLIO
TABLE 137. TOYO INK SC HOLDINGS CO., LTD: KEY EXECUTIVES
TABLE 138. TOYO INK SC HOLDINGS CO., LTD: COMPANY SNAPSHOT
TABLE 139. TOYO INK SC HOLDINGS CO., LTD: PRODUCT SEGMENTS
TABLE 140. TOYO INK SC HOLDINGS CO., LTD: PRODUCT PORTFOLIO
TABLE 141. GANS INK & SUPPLY CO.: KEY EXECUTIVES
TABLE 142. GANS INK & SUPPLY CO.: COMPANY SNAPSHOT
TABLE 143. GANS INK & SUPPLY CO.: PRODUCT SEGMENTS
TABLE 144. GANS INK & SUPPLY CO.: PRODUCT PORTFOLIO
TABLE 145. NUTEC DIGITAL INK PVT. LTD.: KEY EXECUTIVES
TABLE 146. NUTEC DIGITAL INK PVT. LTD.: COMPANY SNAPSHOT
TABLE 147. NUTEC DIGITAL INK PVT. LTD.: PRODUCT SEGMENTS
TABLE 148. NUTEC DIGITAL INK PVT. LTD.: PRODUCT PORTFOLIO
TABLE 149. NUTEC DIGITAL INK PVT. LTD.: KEY STRATEGIES
TABLE 150. .KAO COLLINS CORPORATION: KEY EXECUTIVES
TABLE 151. .KAO COLLINS CORPORATION: COMPANY SNAPSHOT
TABLE 152. .KAO COLLINS CORPORATION: PRODUCT SEGMENTS
TABLE 153. .KAO COLLINS CORPORATION: PRODUCT PORTFOLIO
TABLE 154. MAXELL, LTD: KEY EXECUTIVES
TABLE 155. MAXELL, LTD: COMPANY SNAPSHOT
TABLE 156. MAXELL, LTD: PRODUCT SEGMENTS
TABLE 157. MAXELL, LTD: PRODUCT PORTFOLIO
TABLE 158. TEIKOKU PRINTING INKS MFG. CO., LTD: KEY EXECUTIVES
TABLE 159. TEIKOKU PRINTING INKS MFG. CO., LTD: COMPANY SNAPSHOT
TABLE 160. TEIKOKU PRINTING INKS MFG. CO., LTD: PRODUCT SEGMENTS
TABLE 161. TEIKOKU PRINTING INKS MFG. CO., LTD: PRODUCT PORTFOLIO
TABLE 162. TEIKOKU PRINTING INKS MFG. CO., LTD: KEY STRATEGIES
TABLE 163. MARABU GMBH & CO. KG: KEY EXECUTIVES
TABLE 164. MARABU GMBH & CO. KG: COMPANY SNAPSHOT
TABLE 165. MARABU GMBH & CO. KG: PRODUCT SEGMENTS
TABLE 166. MARABU GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 167. SPINKS WORLD : KEY EXECUTIVES
TABLE 168. SPINKS WORLD : COMPANY SNAPSHOT
TABLE 169. SPINKS WORLD : PRODUCT SEGMENTS
TABLE 170. SPINKS WORLD : PRODUCT PORTFOLIO
List of Figures
FIGURE 01. UV CURABLE INK MARKET, 2021-2031
FIGURE 02. SEGMENTATION OF UV CURABLE INK MARKET, 2021-2031
FIGURE 03. TOP INVESTMENT POCKETS IN UV CURABLE INK MARKET (2022-2031)
FIGURE 04. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 05. LOW BARGAINING POWER OF BUYERS
FIGURE 06. LOW THREAT OF SUBSTITUTES
FIGURE 07. LOW THREAT OF NEW ENTRANTS
FIGURE 08. LOW INTENSITY OF RIVALRY
FIGURE 09. DRIVERS, RESTRAINTS AND OPPORTUNITIES: GLOBALUV CURABLE INK MARKET
FIGURE 10. MARKET SHARE ANALYSIS: UV CURABLE INK MARKET
FIGURE 11. PATENT ANALYSIS BY COMPANY
FIGURE 12. PATENT ANALYSIS BY COUNTRY
FIGURE 13. PRICING ANALYSIS: UV CURABLE INK MARKET 2021 AND 2031
FIGURE 14. REGULATORY GUIDELINES: UV CURABLE INK MARKET
FIGURE 15. VALUE CHAIN ANALYSIS: UV CURABLE INK MARKET
FIGURE 16. UV CURABLE INK MARKET, BY TYPE, 2021(%)
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR OFFSET INK, BY COUNTRY 2021 AND 2031(%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR FLEXO INK, BY COUNTRY 2021 AND 2031(%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR SCREEN PRINTING, BY COUNTRY 2021 AND 2031(%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR DIGITAL PRINTING, BY COUNTRY 2021 AND 2031(%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR INKJET, BY COUNTRY 2021 AND 2031(%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR OTHERS, BY COUNTRY 2021 AND 2031(%)
FIGURE 23. UV CURABLE INK MARKET, BY END USE, 2021(%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR AUTOMOBILE, BY COUNTRY 2021 AND 2031(%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR CONSUMER GOODS, BY COUNTRY 2021 AND 2031(%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR MEDICAL, BY COUNTRY 2021 AND 2031(%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR PUBLICATIONS AND PRINTING, BY COUNTRY 2021 AND 2031(%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF UV CURABLE INK MARKET FOR OTHERS, BY COUNTRY 2021 AND 2031(%)
FIGURE 29. UV CURABLE INK MARKET BY REGION, 2021
FIGURE 30. U.S. UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 31. CANADA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 32. MEXICO UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 33. GERMANY UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 34. UK UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 35. FRANCE UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 36. ITALY UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 37. SPAIN UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 38. REST OF EUROPE UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 39. CHINA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 40. INDIA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 41. SOUTH KOREA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 42. JAPAN UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 43. AUSTRALIA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 44. REST OF ASIA-PACIFIC UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 45. BRAZIL UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 46. SOUTH AFRICA, UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 47. SAUDI ARABIA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 48. REST OF LAMEA UV CURABLE INK MARKET, 2021-2031 ($MILLION)
FIGURE 49. TOP WINNING STRATEGIES, BY YEAR
FIGURE 50. TOP WINNING STRATEGIES, BY DEVELOPMENT
FIGURE 51. TOP WINNING STRATEGIES, BY COMPANY
FIGURE 52. PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 53. COMPETITIVE DASHBOARD
FIGURE 54. COMPETITIVE HEATMAP: UV CURABLE INK MARKET
FIGURE 55. TOP PLAYER POSITIONING, 2021
FIGURE 56. MAXELL, LTD: NET REVENUE, 2020-2022 ($MILLION)
FIGURE 57. MAXELL, LTD: REVENUE SHARE BY SEGMENT, 2022 (%)
FIGURE 58. MAXELL, LTD: REVENUE SHARE BY REGION, 2022 (%)
FIGURE 59. TEIKOKU PRINTING INKS MFG. CO., LTD: NET REVENUE, 2018-2020 ($MILLION)
FIGURE 60. TEIKOKU PRINTING INKS MFG. CO., LTD: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61. TEIKOKU PRINTING INKS MFG. CO., LTD: REVENUE SHARE BY REGION, 2020 (%)

Executive Summary

According to this report titled, 'UV Curable Ink Market,' the UV curable ink market was valued at $1.1 billion in 2021, and is estimated to reach $4.5 billion by 2031, growing at a CAGR of 14.68% from 2022 to 2031.

UV ink is a typical printing ink that utilizes ultra-violet light to cure the inks as it is printed. The curing or drying arises through the process of chemical photosynthesis. Rise in demand for curable inks from the food & beverage is a key factor boosting the growth of the global UV curable inks market. Increase in popularity of 3D printing is anticipated to help the UV curable ink market gain significant revenues during the forecast period.

Increase in need for digital painting, surge in growth of printing industry for improving efficiency with low consumption cost, and growth in packaging industries fuel the growth of the UV cure inks market during the forecast period. Moreover, growth of automotive industry, owing to increase in the sales, maintenance, and repair of vehicles across the globe boosts the demand for UV curable inks during the forecast period.

In contrast, high regulation on disposal, decline in growth of the printing industry, and high initial costs are the possible restraints hampering the market growth. However, continuous innovation in printing inks and the development of flexographic printing are expected to offer favorable growth opportunities.

Some of the key players operating in the global UV curable inks market are Hewlett-Packard Company, Leibinger Group, RUCO Druckfarben, APV Engineered Coatings, Eastern Marking Machine Corporation, Flint Group, Toyo Ink SC Holdings Co., Ltd., Gans Ink & Supply Co., T&K Toka Corporation, and Nutec Digital Ink Pvt. Ltd.

The UV curable inks market is segmented on the basis of product type, end use, and region. By product type, the free radical inks segment dominated the UV curable inks market in terms of volume and value in 2021. Cationic polymerization is anticipated to show significant growth in the market during the forecast period, owing to its non-odorous nature, taint-free properties, and low emission levels.

By end use, the publication & printing segment accounted for the largest share of revenue in 2021 and is expected to continue its dominance during the forecast period.. Growth in medical sector in developed & developing economies, owing to rise in consumer health awareness and increase in geriatric population boost the UV curable inks demand in medical application.

Region wise, Europe is leading in the global UV cured inks market with a market share of 39.4% in 2021. Europe is expected to continue its dominance during the forecast period. Rise in demand for 3D printing and growth in environmental awareness among the population in the Asia-Pacific is expected to boost the demand for UV curable printing in the Asia-Pacific during the forecast period. Asia Pacific is expected to be the fastest growing region over the forecast period.

KEY FINDINGS OF STUDY

  • By product type, free radical inks are expected to be the largest product type segment in terms of value with a market share of 80.9% in 2021, and growing at a CAGR of 13.8%, throughout 2022-2031.
By end-use, the publication & printing segment emerged as the global leader by acquiring around 44.1% market share in 2021 in terms of revenue and is anticipated to show a significant growth rate over the forecast period.
  • Region-wise, Europe is the major consumer of UV curable inks among other regions. It accounted for around 39.4% of the global market share in 2021 and Asia-Pacific is expected to witness a lucrative growth rate over the forecast period.

COVID-19 Impact on Market

During the COVID-19 pandemic, the UV curable inks industry was impacted in terms of distribution and logistics, due to lockdown across the globe. UV curable inks production and distribution ceased, owing to the economic downturn due to the pandemic.

The COVID-19 pandemic disrupted the consumer goods, automobile, and publication & printing industries, resulting in reduced usage of UV curable inks in these industries.

The global COVID-19 pandemic delayed the import & export of UV curable inks due to varied economic and legal limitations across the globe. As a result, the UV curable inks market impacted moderately in 2020. However, by the start of 2021, all the industries resumed their operation due to which the demand for UV curable inks improved in the consumer goods, automobile, and publication & printing industries.

Companies Mentioned

  • flint group
  • Toyo Ink SC Holdings Co., Ltd
  • RUCO Druckfarben
  • Maxell, Ltd
  • Spinks World
  • .Kao Collins Corporation
  • Teikoku Printing Inks Mfg. Co., Ltd
  • Nutec Digital Ink Pvt. Ltd.
  • Gans Ink & Supply Co.
  • Marabu GmbH & Co. KG

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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