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Latest Trends in the Ultraviolet Curable Inks Market by 2024

Ultraviolet curable inks are increasingly substituting various solvent-based inks in automotive, packaging and publishing applications owing to low environmental impact and high performance efficiency.

The Global UV Curable Inks Market is expected to reach USD 5.13 billion by 2024, according to a new report by Grand View Research, Inc.


Technological innovations related to the use of UV LED systems to enable curing of inks are expected to enhance quality, which in turn is expected to propel demand over the forecast period. Additionally, efficient air-cooling techniques have also lowered the amount of technological infrastructure and equipment required to support the curing process, thus saving energy and improving cost efficiency.

Growing demand for inks in printing application is expected to be the key driver for UV curable ink market over the forecast period. Furthermore, faster drying times coupled with high saturation properties of the product enables use over rigid surfaces, thus promoting application in printing. However, the high cost of the product as compared to its counterparts is likely to restrain market growth over the next eight years.

Free radical UV curable inks accounted for over 90% of the revenue share in 2015.High flexibility coupled with increased depth of cure and low cost are expected to drive demand over the next eight years. However, the growth is limited by the emergence of cationic technology providing improved adhesion properties as compared to free radical inks.

To Know More About UV Curable Inks Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/uv-curable-inks-market 

Publication application of ultraviolet curable inks accounted for the largest revenue share in 2015, and this trend is expected to continue over the forecast period owing to rising need for environment-friendly ink in this sector. However, growing electronic content replacing publication printing is likely to limit growth over the forecast period.

Top Players of UV (Ultraviolet) Curable Inks Market:

Key players in the industry include Hewlett & Packard Company, RUCO Druckfarben, Toyo Ink SC Holdings Co., Ltd., T&K Toka Corporation, NUtec Ink, Marabu Co., Mimaki Global, Superior Printing Inks, Armstrong World Industries Inc., Heraeus Noblelight, Bordeaux Digital Printink, Roland DGA, Changzhou Dobest International Trading Co. Ltd.

Market Segmentation of UV (Ultraviolet) Curable Inks Market:

The Global UV Curable Inks Market segmented on the basis of Product and Application.

By Product:

    Free Radical
    Cationic

By Application:

    Automotive
    Medical
    Publications
    Packaging

Inquire about UV Curable Inks Market with Our Experts @ https://www.grandviewresearch.com/inquiry/2124
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