Organic Inks Market: Overview
Ink is a liquid or paste that contains pigments or dyes and is used to color a surface in order to produce an image, text, or design. Ink is used for drawing or writing with a pen, brush, or quill. Organic ink is a type of ink that contains organic pigments in their formulations. Organic pigments made from natural sources have been utilized for centuries. They are synthesized from aromatic hydrocarbons. These are compounds containing structures of carbon atoms with hydrogen atoms attached that are formed in closed rings. Organic pigments include azo pigments, phthalocyanine, and quinacridone, which contain a nitrogen group. They account for most of the organic red, orange, and yellow pigments. Organic inks are more easily bio-degradable than classic mineral inks, and therefore, better for the environment at the printing facility. Organic inks are not only eco-friendly, but they also offer technical advantages. The highly concentrated organic inks are very fast-setting, have superior oxidative drying properties, and result in extremely sharp results. Organic inks are available in a brilliant spectrum of colors, including fluorescent, metallic, phosphorescent, and thermochromic. They use an epoxy-based formula that contains no heavy metals. Organic inks offer high quality, consistency, and affordable prices. They are ideal for direct letterpress, gravure, flexo, and screen printing.
Organic Inks Market: Drivers & Restraints
One of the prime drivers of the global organic inks market is the rise in demand for the inks from the packaging sector. The packaging sector has expanded at a rapid pace in recent years due to the steady growth of e-commerce and rise in demand for international shipping of non-consumer goods. Rise in the use of paperboard packaging has also boosted demand for global organic inks market. It is likely to remain a key driver for the organic inks market in the coming years.
In terms of application, organic inks are used in a multitude of commercial printing applications such as high-end brochures and catalogs, greeting cards, gift wraps, book covers, and advertisements. Packaging is the dominant segment of the organic inks market due to the usage of the inks in e-commerce and the shipping industry. Food, beverage, textiles, cosmetics, plastics, glass, and many other product packaging applications also use a significant amount of organic inks for flexible packaging, labels, folding cartons, and corrugated board.
Organic Inks Market: Regional Outlook
In terms of region, the organic inks market can be classified North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Demand for organic inks in countries such as India, China, and nations in Southeast Asia has increased due to a rise in demand for packing products such as paper, cartons, labels, and film in the region. North America is a leading contributor to the global organic inks market. The steady presence of the commercial printing industry as well as the packaging industry in North America is a key driver of the organic inks market in the region. Rise in demand for international shipping from North American companies is likely to remain an important driver of the organic inks market in the near future. The firm establishment of the e-commerce sector has also enabled steady demand from the organic inks market in North America. The demand for organic inks in Asia Pacific is high due to the increasing number of manufacturing bases.
Organic Inks Market: Key Players
Key players in the organic inks market include Heubach GmbH, Sudarshan Chemical Industries Limited, and DIC Corporation.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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