The global market for UV-curable inks is experiencing significant growth as industries adopt environmentally friendly printing technologies and sustainable practices.
The global UV curing ink market is experiencing significant growth as industries embrace environmentally friendly printing technologies and sustainable practices. UV curing inks are an innovative solution that allows for instant curing through ultraviolet (UV) light exposure, eliminating the need for heating or solvent drying. This eco-friendly printing technology not only enhances printing speed and efficiency but also contributes to reduced energy consumption and harmful emissions. With the rising awareness of environmental issues and strict regulations on volatile organic compounds (VOCs), UV curing inks are emerging as a viable option for various printing applications. According to the latest market report, the market revenue for UV curing inks reached $12 billion in 2021, and it is expected to achieve steady growth at a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2022 to 2030, reaching $23 billion by 2030. The packaging industry is a major driver of UV curing ink adoption, providing quick-drying and high print quality for a variety of substrates such as paper, plastic, and metal. UV curing inks are ideal for applications like flexible packaging, labels, and cartons, demonstrating excellent adhesion to a wide range of materials.
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Scope of the Report The segmentation of the global UV curable ink market focuses on product type, end-use, and region. Segmentation Based on Product Type - Free Radical - Cationic Segmentation Based on End Use - Automotive - Consumer Goods - Medical - Publishing and Printing - Others Key Competitors The major companies attracting attention in the global UV curable ink market are as follows: - Hewlett-Packard Company - Leibinger Group - RUCO Druckfarben - APV Engineered Coatings - Eastern Marking Machine Corporation - Flint Group - Toyo Ink SC Holdings Co., Limited - Gans Ink & Supply Co. - T&K Toka Corporation - Nutec Digital Ink Pvt. Limited - Other notable players
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