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Security Ink Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

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Security Ink Market: Overview

Security printing is a section of the printing industry wherein items such as checks, certificates, stamp papers, bank notes, passports, identity cards, and labels are printed. Security ink plays a major role in the security printing industry. Security ink is also known as anti-counterfeit printing ink. It is manufactured through a series of special processes.

Forms of security inks that are used on a large scale include thermo-chromic ink, invisible ink, magnetic ink, optically variable ink, reactive ink, biometric ink, water based ink, and secondary fluorescing ink. These forms are majorly classified into two sub-classes: instant verification inks and tamper evident inks.

The selection of security inks depends primarily on the purpose it is used for. Usage of a suitable type of security ink helps one understand if any attempt to alter the document was made or not. Security inks are generally used in conjunction with other security features so that any changes can be easily identified.

Security inks usually comprise fluorescent pigments, which tend to change their color once the angle is changed. A government or legal document has a peculiar color scheme; based on the change in color, one can identify whether the document has been tempered or not.

Security Ink Market: Trends

Security inks are used extensively to protect and authenticate important documents. These forms of inks are primarily employed in government documents in order to keep a check on their authenticity. Of late, security inks have been employed in the printing of lottery tickets, gift vouchers, and event tickets. Initially, these did not require much security.

Security inks are compatible with letterpress, offset, intaglio, flexographic, numbering, and silk screen printing methods. Researchers are striving to develop security inks that are invisible in ambient and UV light, but can be read with the help of a fluorescence microplate reader.

The technique for development of security inks is mostly patented. Of late, the practice of counterfeit and forgery has been increasing. It has become difficult to identify these malpractices. Therefore, companies are striving to manufacture an improved version of security inks.

The outlook for the security ink market appears positive, considering the increase in usage of these inks and wide range of applications. The global security ink market is expected to expand at a rapid pace during the forecast period owing to the rise in the concerns regarding the authenticity of legal documents.

Security Ink Market: Region-wise Outlook

The security ink market is considered highly developed in North America, especially in the U.S., due to the presence of various production units for security inks and high utilization rate of these inks. The security market in Europe has been expanding significantly since the last few years. This trend is projected to continue during the forecast period.

The security ink market in Asia Pacific is expected to expand at a moderate pace due to the implementation of regulations by various countries in the region. The security ink market in Latin America and Middle East & Africa has been witnessing a sluggish growth, however it is expected to witness rapid growth in the future as major manufacturing companies have been focusing towards shifting their operations in these two regions.

Security Ink Market: Key Players

Key players operating in the security ink market include Sun Chemical, Gleitsmann Security Inks, Letong Ink, Kao Collins Inc., Ink Tec Inc., Villager Security Solutions AG, Luminescence, and Hologramas de Mexico.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


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