Manufacturing of Printing Inks with Formulation (Flexographic Inks, Typographic Printing Inks, Planographic Inks, Intaglio Printing Inks, Gravure Printing Inks, Special Inks, Offset Printing Inks, Ball Pen Inks, Fluorescent Inks, Phosphorescent Pigments, Silk-screen Fluorescent Printing, Inorganic Pigments)
Printing inks are widely used in publishing and packaging industry. The publishing industry consists of commercial printing and other printing products such as newspapers, magazines, periodicals, etc. This is also used on many different surfaces ranging from aluminium cans and plastic bottles through to paper. Special inks have been developed for use in these different situations. Although the newest of the major print processes, flexography (or flexo) is now the most important process for the production of flexible packaging. A number of other applications include corrugated cases, tickets, forms, directories, paperback books and comics.
Ink is a liquid or paste that contains pigments or dyes and is used to colour a surface to produce an image, text, or design. Ink is used for drawing or writing with a pen, brush, or quill. Thicker inks, in paste form, are used extensively in letterpress and lithographic printing. Ink can be a complex medium, composed of solvents, pigments, dyes, resins, lubricants, solubilizers, surfactants, particulate matter, fluorescents, and other materials. The components of inks serve many purposes; the ink’s carrier, colorants, and other additives affect the flow and thickness of the ink and its appearance when dry.
Printing ink sector in India witnessed a growth of around 7.5% per annum during the Past years. Printed packaging accounts for around 27% of the demand for printing inks in India followed by newspapers at 20%. Commercial printing/promotional and printed advertising together account for around 19% of the demand. Other key end user segments for printing inks include books and stationery. With the print sector forecast to grow at around 8% per annum, in coming years, printing ink segment is expected to grow strongly.
India is among the fast growing printing ink markets globally spurred by the rapid expansion of the domestic print markets. Backed by a strong demand from key end user segments such as package printing, newsprint, publishing and other commercial printing, the printing ink market in India has registered strong growth over the years. The printing ink industry is fragmented with hundreds of manufacturers and a large number of players in the unorganised sector.
The global printing ink market can be categorized on the basis of types of processes, products, applications and geography. On the basis of various printing processes, the global printing ink market can be segmented into gravure printing, lithographic printing, flexographic printing, digital printing and letterpress printing and others.
The growing demand from the packaging industry is expected to boost the growth of the global printing inks market. Rising demand for UV-cured inks from various printing processes is also expected to fuel market growth. On the basis of product type, the global printing inks market has been divided into oil-based, water-based, solvent-based, and other printing inks.
The global market for Printing Inks is projected to reach US$20.4 billion by 2022, driven by growing opportunities in the packaging print sector supported by steady growth in consumer retail sales and the ensuing importance of printed materials in packaging, labelling, and advertising.
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