Rise in Demand for Printing Inks in Packaging Sector Fuels Growth of Ink Additives Market, Global Market Valuation to Reach US$ 3.5 Bn by 2026, Finds TMR Study

ALBANY, N.Y., Aug. 10, 2021 /PRNewswire/ -- Ink additives mainly comprise rheology modifiers and wetting agents, and are added to printing inks for use in a wide range of applications, broadly in packaging, publishing, commercial printing. Key end-use industries comprise food & beverages and healthcare. In particular, the growing demand for a range of packaging materials has been proportional to the increase in food production. As a result, the business avenues for printing ink manufacturers have also broadened considerably globally over the decades. This, in turn, has been expanding the canvas for ink additives market players. Overall, the expansion of the packaging sector has positively driven the opportunities for ink additives suppliers. On the other hand, rapid pace of digitization in publication in recent years has continuously hampered the demand for printing inks, thus impeding the market growth.

ALBANY, N.Y., Aug. 10, 2021 /PRNewswire/ -- Ink additives mainly comprise rheology modifiers and wetting agents, and are added to printing inks for use in a wide range of applications, broadly in packaging, publishing, commercial printing. Key end-use industries comprise food & beverages and healthcare. In particular, the growing demand for a range of packaging materials has been proportional to the increase in food production. As a result, the business avenues for printing ink manufacturers have also broadened considerably globally over the decades. This, in turn, has been expanding the canvas for ink additives market players. Overall, the expansion of the packaging sector has positively driven the opportunities for ink additives suppliers. On the other hand, rapid pace of digitization in publication in recent years has continuously hampered the demand for printing inks, thus impeding the market growth.

Globally, the ink additives market valuation was valued at US$ 2.2 Bn in 2017 and is projected to reach US$ 3.5 Bn by the end of 2026.

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Key Findings of Ink Additives Market Study

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Ink Additives Market: Drivers

Ink Additives Market: Competitive Dynamics

A few players hold major share of the ink additives market, making the landscape fairly consolidated. The barrier to entry for new players is high, notes the study on ink additives market. Key players such as BASF SE, Altana AG, Evonik Industries, and the Dow Chemicals Company lean on constant product innovation to strengthen their position in the ink additives market.

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Global Ink Additives Market, by Type

Global Ink Additives Market, by Printing Process

Global Ink Additives Market, by Printing Inks

Global Ink Additives Market, by Application

Global Ink Additives Market, by Region

Chemical & Materials Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research's award-winning coverage of the global Chemicals & Materials Industry:

Calcium Formate Market - The increase in demand for calcium formate in building & construction is projected to drive the calcium formate market during the forecast period. Calcium formate is utilized as a cement additive in the construction industry, as it helps to increase the strength of cement products. It is employed to provide strength to bricks & blocks, concrete, and adhesives. Calcium formate is also used as a PH regulator. It acts as a corrosion protector, and is utilized for cementation process of drilling oil. Thus, rise in the demand for cement in the construction industry is estimated to drive the calcium formate market during the forecast period.

Asphalt Additives Market - The global asphalt additives market is fragmented with the presence of a large number of players. Key players operating in the global asphalt additives market are Nouryon, Arkema, BASF SE, Arrmaz, Grupo Dynasol, Ingevity, Iterchimica, MCASPHALT, China Petroleum and Chemical Corporation, ATDM Co., Cargill, Inc., Birkshire Engineering Supplies, Engineered Additive LLC, Kao Corporation, Honeywell International Inc., Petrochem Specialties, Huntsman International LLC, Evonik Industries AG, Sasol Ltd., Dupont De Nemours, Inc., Dow, and Kraton Corporation.

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