Ink
additives are used to maximize the service life of printing ink. It
allows easier and high-performance ink formulation to deliver clear,
visual, and long-lasting printing solution. It offers color strength,
light resistance, stability, gloss, and abiding properties.
Market Segmentation
The global Ink Additives Market Size has been segmented on the basis of ink additives types, process, technology, application, and region.
By
Ink Additives types, the global ink additives market has been divided
into rheology modifiers, foam control additives, dispersing &
wetting agents, slip/rub materials, and others. Rheology modifiers
accounted for the major demand of the product in the production of
printing inks owing the ease in distribution of ink on the printing
substrate.
Based
on process, the global ink additives market has been categorized as
flexographic, lithographic, gravure, and digital among others.
Lithographic process dominated the product market share due to smooth
printing solution to avoid failure of impressions.
On
the basis of technology, the global ink additives market has been
segmented as solvent-based, water-based, and others. The majority of
Asia-Pacific manufacturers are developing the product by using
solvent-based technology due to cost-effectiveness and highly volatile
nature during the evaporation process.
Regional Analysis
Regional Analysis
Asia-Pacific,
North America, Europe, Latin America, and the Middle East & Africa
are the five key regions studied for the global ink additives market. In
2017, Asia-Pacific accounted for the largest market share of the global
Ink additives market. China is the leading producer and consumer of the
product.
North
America and Europe are the other significant regional markets for ink
additives. US and Germany are the leading countries for using
water-based technology in these regions due to stringent government
regulations on ink market.
Competitive Analysis
Some
of the prominent players in the global Ink additives market are BASF
SE (Germany), Evonik Industries (Germany), ALTANA AG (Germany),
Elementis Plc (UK), Shamrock Technologies (US), Harima Chemicals Group
(Japan), Solvay S.A (Belgium), Lubrizol (US), Croda International Plc.
(UK), Allnex (Germany), Clariant (Switzerland), Polyone Corporation
(US), Raybo Chemical Company (US), and Honeywell International Inc.
(US) among others are some of the key players in the global ink
additives market.
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