What do you Need to Know About the Next-Generation Printing Ink Market?

The next-generation printing inks are the latest, improved formulae tailored to meet emerging requirements arising from modern printing applications and technologies. They comprise innovative properties, and abilities to improve sustainability, performance, and functionality. Generally, these inks have aspects that focus on improved impact of the environment, improved quality of print, and the ability to perform special functions that are not achievable with conventional inks.

According to the recent report of MarkNtel Advisors, in 2023, the size of the Global Next-Generation Printing Ink Market was valued at 6,457.8 million, and is estimated to reach USD 9,456.6 million by 2030. The overall market is expanding rapidly due to the increasing demand for premium quality and technologically advanced printing in the textile industry. Also, the interest of the customers in functional and trendy textiles and increased. Thus, bringing an improved demand for printing ink with better colour absorption & brighter colours.

Furthermore, the inclination of consumers is also shifting towards more customized and personalized textile products, surging the demand for digital textile printing. Special next-generation printing inks with the ability for high-resolution prints, excellent wash-fastness, and vibrant colours, are peculiarly suited to serve digital printing technologies including ink printing in the textile sector.

Types of Next-Generation Printing Inks Available in the Market

There are several types of Next-Generation Inks available in the market which are used for different purposes. These inks include:

• Aqueous Ink: Aqueous ink refers to any ink that uses water as a carrier fluid, that evaporates as the ink dries. Moreover, a small amount of non-toxic passive components are added to the ink. Hence, it allows non-toxic, safe, and environment-friendly printing in the office.
• UV-Curved Ink: The UV-Curved inks are used in several applications where the finished product must retain a useful life of multiple years including license plates, road signage, and others. These inks don’t evaporate like aqueous ink.
• Solvent-Based Ink: These inks are referred to the printing ink made with the help of several oil-based solvents. This kind of ink is used for a variety of printing solutions.
• Eco-Solvent Ink: These inks are derived from plant sources such as corn or linseeds. These inks are a sustainable choice. They have lesser VOC emission, and are bio-degradable as well.
• Latex-Based Ink: The latex-based inks are water-based inks, that don’t release any high levels of volatile organic compounds into the air. It makes them a better choice for both the operators and the environment.

Applications Impacted the Growth of the Global Next Generation Market

The rising demand for the below applications around the world has a direct impact on the expansion of the Next-Generation Printing Ink industry:

• Building & Construction
• Cosmetics
• Apparels
• Packaging
• Publishing and Printing
• And others

Key Companies in the Global Next-Generation Printing Ink Market

The key market participants in the Global Next-Generation Printing Ink Market are - Sun Chemical, Epson, Toyo Ink. Co. Ltd., Arrow System Inc., Roland DG Corporation, Sakata Inx Corporation, Memjet, FUJIFILM Holdings Corporation, Domino Printing Sciences PLC, Huntsman Corporation, DIC Corporation, Flint Group, DuPont de Nemours, Inc., Kornit Digital Ltd., Altana AG, Mimaki Engineering Co., Ltd., and others.

The Final Word

The present outlook for the Next-Generation Printing Ink Market is promising as the demand for sustainable & premium-quality printing ins continues to rise. With the rising environmental concerns, and advancements in technologies, manufacturers are focusing on developing environment-friendly, and innovative printing inks. Moreover, the future outlook of the Next-Generation Printing Ink market looks positive with the growing adoption of digital printing technology and increasing demand for customization in printing products.

Hence, the entire market is projected to observe steady growth and expansion globally because of the evolving printing industry.

Jack Daniel Email: sales@marknteladvisors.com Phone: +1 628 895 8081 +91 120 4268433.