Global UV Curable Inks Market - Analysis, Size, Share, Growth, Trends and Forecast- 2020
The increasing demand of inks & pigments for printing applications is the key driver for the UV curable inks market.The quick drying and high ink saturation feature of UV curable inks makes them suited for these niche applications which has been driving this market.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
The increasing demand of inks & pigments for printing applications is the key driver for the UV curable inks market.The quick drying and high ink saturation feature of UV curable inks makes them suited for these niche applications which has been driving this market.This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
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Transparency <strong>Market</strong> Research<br />
<strong>UV</strong> <strong>Curable</strong> <strong>Inks</strong> <strong>Market</strong> - <strong>Global</strong><br />
Industry <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>,<br />
<strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> 2014 - <strong>2020</strong><br />
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REPORT DESCRIPTION<br />
A new research report by Transparency <strong>Market</strong> Research offers a comprehensive evaluation of the global <strong>UV</strong> <strong>Curable</strong> <strong>Inks</strong> market.<br />
The study, titled “<strong>UV</strong> <strong>Curable</strong> <strong>Inks</strong> <strong>Market</strong> - <strong>Global</strong> Industry <strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Forecast</strong> 2014 - <strong>2020</strong>”,<br />
is available for sale on the firm’s website.<br />
Ultraviolet curing (<strong>UV</strong> curing) is a photochemical process wherein high intensity <strong>UV</strong> light is used to cure or dry inks, adhesives or<br />
coatings. <strong>UV</strong> curable inks speed up the printing process by reducing the drying time while facilitating superior bonding. <strong>UV</strong> curable<br />
inks do not employ the use of environmentally harmful solvents, additionally; they do not cause loss of coating thickness <strong>and</strong> volume<br />
loss in final prints. This causes a reduction in waste, pollutant emissions <strong>and</strong> energy use. <strong>UV</strong> curable inks are being increasingly used<br />
in printing applications as they offer higher productivity <strong>and</strong> increased printing throughput.<br />
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Based on product types, <strong>UV</strong> curable inks can be segmented as free radical <strong>and</strong> cationic. Free radical <strong>UV</strong> curable inks are most widely<br />
used on a commercial scale. <strong>UV</strong> curable inks do not get absorbed inside the substrate <strong>and</strong> get dried very rapidly on exposure to <strong>UV</strong><br />
light. This translates into high pigment saturation <strong>and</strong> quick drying time. Furthermore, energy costs, floor space <strong>and</strong> capital<br />
investments can be saved as drying equipments are not necessary to bring about drying of prints. <strong>UV</strong> curable inks can be used directly<br />
on rigid substrates owing to which the necessity to print on flexible media is eliminated, this reduces overall printing costs.<br />
The cost of <strong>UV</strong> curable inks is high however very little amount of ink is required due to their low viscosity. This reduces ink<br />
consumption <strong>and</strong> further drives down the printing costs. <strong>UV</strong> curable inks are used extensively in polyethylene billboards as they offer<br />
exceptional performance for outdoor signage. Additionally, they are used for 2D fleet graphics which can be applied on curved or flat<br />
surfaces. Retail POP (point of purchase) makes use of <strong>UV</strong> curable inks in order to eliminate pigment odors in retail stores.<br />
The increasing dem<strong>and</strong> of inks & pigments for printing applications is the key driver for the <strong>UV</strong> curable inks market. <strong>UV</strong> curable inks<br />
impart numerous features <strong>and</strong> functionalities which make them suited for specialized printing needs. For instance, <strong>UV</strong> curable inks are<br />
used to print directly on rigid surfaces <strong>and</strong> on polyethylene billboards. They can also be used on metal, glass, ceramics, PVC, synthetic<br />
paper <strong>and</strong> other substrates. The quick drying <strong>and</strong> high ink saturation feature of <strong>UV</strong> curable inks makes them suited for these niche<br />
applications which has been driving this market. This trend is expected to continue within the forecast period. However, high cost of<br />
<strong>UV</strong> curable inks is expected to restrain the growth of this market in the near future. Technological advancements to produce <strong>UV</strong><br />
curable inks for application on acrylics <strong>and</strong> polypropylene are expected to open new areas of opportunity for the <strong>UV</strong> curable inks<br />
market.
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Publication <strong>and</strong> printing sectors are mature markets in the U.S. <strong>and</strong> Western Europe but are witnessing an upwards trend in China,<br />
India, Middle East <strong>and</strong> Africa. Consumption of <strong>UV</strong> curable inks has been increasing in Asian countries with Japan <strong>and</strong> Republic of<br />
Korea as exception. In terms of global dem<strong>and</strong>, China <strong>and</strong> India are forecast to be the largest consumers of <strong>UV</strong> curable inks within the<br />
forecast period. Central <strong>and</strong> Eastern Europe are expected to show moderate growth, while North America <strong>and</strong> Western European<br />
market are expected to grow at a steady rate within the forecast period.<br />
Some of the key players profiled in the <strong>UV</strong> <strong>Curable</strong> <strong>Inks</strong> market research report include companies such as APV Engineered Coatings,<br />
Dartronics Inc, Eastern Marking Machine Corp, Hewlett Packard, ITW Trans Tech, Leibinger Inkjet, Ruco USA <strong>and</strong> Ricoh among<br />
others.<br />
This research report analyzes this market on the basis of its market segments, major geographies, <strong>and</strong> current market trends.<br />
Geographies analyzed under this research report include<br />
• North America<br />
• Asia Pacific<br />
• Europe<br />
• Rest of the World<br />
This report provides comprehensive analysis of<br />
• <strong>Market</strong> growth drivers<br />
• Factors limiting market growth<br />
• Current market trends<br />
• <strong>Market</strong> structure<br />
• <strong>Market</strong> projections for upcoming years<br />
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