Global Printing Ink Additives Market Is Anticipated To Witness Significant Growth Due To Growing Population And Rising Research And Development Activities

 Overview:

Printers can enhance the quality and extend the life of their prints with an array of ink additives. These are solvents, catalysts, and other materials that can affect the appearance, performance, or durability of the printed material. Ink additives are used for a wide range of printing processes, including gravure, letterset, flexographic, and lithography. These additives improve the properties of the ink itself and also enhance its effect on the substrate to which it is applied. These ink additives are used to increase the dispersion of pigments in the liquid phase and also improve the lubricity of the ink to ensure the smooth transfer of the ink to the substrate. They also help in reducing the surface tension of the ink.

 Market Dynamics:

 Growing acquisitions are estimated to augment growth of the global Printing Ink Additives Market over the forecast period. For instance, Sun Chemical Corporation, a subsidiary of DIC Corporation acquired 100% shares of Sensient Imaging Technologies in October 2020. This acquisition will expand their geographical presence and product portfolio. Moreover, fluctuating supply of raw materials is anticipated to restrain growth of the global printing ink additives market over the forecast period.

 Impact of COVID-19:

 COVID-19 was first recognized in 2019 in China and later on it was transmitted to other parts of the world. This outbreak affected several nations and the economy worldwide. The pandemic led to shutting down of several manufacturing units across the world. Many businesses were facing shortage of raw materials and manpower, owing to these strict lockdown restrictions. Business activities in printing inks market were also affected due to disruptions in supply chains. The decrease in demand during the pandemic affected the growth of the global printing ink additives market. However, in the post-pandemic era the market is estimated to witness growth as manufacturers are creating potential opportunities.

Key Takeaways:

 The global printing ink additives market is expected to witness high growth, exhibiting CAGR of XX% over the forecast period, due to growing research and developmental activities by key players. For instance, Cubic Ink® materials and DP Polar have decided to revolutionize industrial 3D inkjet printing in November 2021. Continuous Multi-material Jetting process is used for maximum productivity.

Asia Pacific is anticipated to witness significant growth in the global printing ink additives market over the forecast period, owing to increasing consumption of packaged food items and rising applications in food and beverage industry.

Major players operating in the global printing ink additives market are Siegwerk Druckfarben AG & Co. KGaA, re ALTANA, TOKYO PRINTING INK MFG CO., LTD., Elementis plc, Keim Additec Surface GmbH, DIC Corporation, Uflex Limited, Sakata Inx Corporation, MÜNZING Corporation, Lawter, T&K TOKA Corporation, Hubergroup, Epple Druckfarben AG, Dainichiseika Color & Chemicals Mfg. Co., Ltd., Epple Druckfarben AG, and Croda International Plc.