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Global Inkjet Dyes Market InsightFebruary 17, 2022 Comments
The Inkjet Dyes is forecast to fast increase over the next few years.According to the WK-chem Research “Global Inkjet Dyes Professional Survey Report 2022, Forecast to 2027”, Inkjet printing technology is a type of digital printing technology. Analog printing technology is being replaced by digital printing technology. Several types of digital printing technologies such as laser printing and inkjet printing are available. The inkjet printing technology is extensively adopted for product quality, efficiency, and speed. Inkjet technology is beneficial for the printing of color digital pages of all sizes such as newspapers and magazines. Some advantages driving the adoption of inkjet printing is attributed to the usage of water-based inks, which can help reduce environmental damage from the printing process. The compound annual growth rate (CAGR) for the 2022-2027 period is projected to be 6.5% base on WK-chem Research regression analysis modl.
“Manufacturers are advised to develop expertise in nanotechnology to create improved inkjet colorants. The market is expected to be favorably driven over the forecast period by increasing research and development of inkjet colorants.” Said Lisa , Senior analyst, Chemical industry Market Research Center in WK-chem Research.
Rise in Usage of Inkjet Printing Technology Drives Inkjet Colorants Market. Inkjet printing technology is a type of digital printing technology. Analog printing technology is being replaced by digital printing technology. Several types of digital printing technologies such as laser printing and inkjet printing are available. The inkjet printing technology is extensively adopted for product quality, efficiency, and speed. Inkjet technology is beneficial for the printing of color digital pages of all sizes such as newspapers and magazines. Some advantages driving the adoption of inkjet printing is attributed to the usage of water-based inks, which can help reduce environmental damage from the printing process. Furthermore, water-based inks add little weight to the paper or substrate on which it is used. This helps reduce transport costs, mailing rates, and the cost to remove ink for recycling. Inkjet printing provides a larger scope to personalize designs of direct mail marketing campaigns to increase response rates.
Volatility in Availability and Price of Raw Materials Hamper Inkjet Colorants Market. A variety of raw materials such as carbon black, treating agents, sodium hydroxide, sodium chloride, and para chloro ortho nitro aniline are required to manufacture inkjet colorants. Some of these materials such as carbon black are manufactured by inkjet colorant manufacturers. However, they do not manufacture all the raw materials that are required. Therefore, inkjet colorant manufacturers depend on outside suppliers to meet their raw material requirements. Raw material related reasons such as their availability and supply play an important role in the increase and decrease of inkjet colorant prices.
This WK-chem Research market report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading Inkjet Dyes companies that include BASF SE, LANXESS, Nippon Kayaku Co. Ltd., Clariant International AG, ToyoColor Co. Ltd., Sudarshan Chemical Industries Limited, DIC Corporation, Cabot Corporation, Fujifilm Holdings America Corporation, Hubei Dinglong Co. Ltd.
Segmentation of Inkjet Dyes Market:
On the Basis of Product, The market is divided into Pigments, and Dyes. The pigments market is predicted to grow at a faster rate in the forecasted period as pigments are the preferred type of inkjet colorants. Colorants in pigment-based inks are insoluble particles suspended in water. Pigment-based inks last for a longer period of time as compared to dye-based inks. Pigment-based inks can be used on a wider variety of substrates than dye-based inks. On the Basis of End-use, The market is divided into categories as Industrial and Commercial Out of these, industrial segment consumes large volumes of inkjet colorants, therefore, the industrial segment will hold the majority of the market share in this segment. Inkjet printing is used in a variety of industries such as newspapers, magazines, textiles, graphic arts, plastics, and metals. These industries use inkjet printing technology to produce large amounts of end products such as signage, conductive circuitry, and textiles.
Inkjet Dyes Market: Regional Analysis
In terms of geography, the Global Inkjet Dyes Market is classified into North America, Europe, Asia Pacific, and Rest of the world. Asia Pacific accounts for a major market share. Asia Pacific produces a majority of the world’s Inkjet Colorants. It’s one among the largest exporters of Inkjet Colorants. It’s also a significant consumer of Inkjet Colorants. Asia Pacific manufactures large amounts and various varieties of goods and products. China is known as the manufacturing hub of the planet. Manufacturing of the many goods starting from textiles to conductive circuitry requires inkjet printing technology.
Cagr: 6.5 %
Largest share area：Asia Pacific
Largest share country：China
Product Type：Pigments, and Dyes
Leading Company：BASF SE, LANXESS, Nippon Kayaku Co. Ltd., Clariant International AG, ToyoColor Co. Ltd.