The global ink additives market size was USD 2.3 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 5.3% between 2024 and 2029. The rise is attributed to growing applications, ink industry technological developments, and expanding demand from the packaging sector in Asia-Pacific, particularly from China, Vietnam, Indonesia, and India.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=156703804
Solvent-based technology accounted for a largest share of the overall ink additives market, in terms of volume, in 2023. The ink additives market is predominantly driven by solvent-based technology, attributed to its economical nature and user-friendly characteristics. This technology finds widespread application across the ink industry, favored by manufacturers for its cost-effective processing. Solvents utilized in printing processes evaporate readily, minimizing migration risks. Consequently, solvent-based technology continues to assert its dominance globally, particularly in regions such as China, India, Brazil, and Southeast Asian countries.
The key players following the strategies between 2018 to 2023, Atlanta AG (Germany), BASF SE (Germany), Dow Corning (US), Elementis Plc (US), Evonik Industries (US), Harima Chemicals Group (US). The companies are majorly following product development, investment & expansion, and innovation as the strategy to grow and expand the market.
Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=156703804
Altana AG is a leading global specialty chemicals company headquartered in Wesel, Germany. Altana operates through four business divisions: BYK, ECKART, ELANTAS, and ACTEGA. Each division focuses on specific markets and applications, catering to diverse customer needs. BYK specializes in additives and instruments for the coatings, inks, and plastics industries. ECKART produces metallic effect and pearlescent pigments for coatings, plastics, and printing applications. ELANTAS focuses on electrical insulation materials for the electronics and electrical industries. ACTEGA develops coatings and sealants primarily for packaging and printing applications. These units cater to various industries, including coatings, plastics, adhesives, electronics, and printing. With a presence in over 100 countries, Altana AG boasts a robust global footprint, enhancing its ability to capitalize on diverse market opportunities.
BASF SE is a diversified chemical company that operates through six business segments, namely, chemicals, materials, Industrial Solutions, surface technologies, Nutrition & Care, Agricultural Solutions, and Others. BASF’s products include a wide range of plastics, fibers, and pigments, used in various industries such as automotive, construction, and consumer goods. The company has a strong presence in Asia and North America, and its Global Business Services division further supports its operations worldwide. BASF is committed to sustainability and innovation, and has set ambitious goals to reduce its carbon footprint and increase its renewable energy usage. The company has a strong customer base and operates in Europe, North America, APAC, South America, Africa, and the Middle East.
Request Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=156703804
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
Media Contact
Company Name: MarketsandMarkets™ Research Private Ltd.
Contact Person: Mr. Rohan Salgarkar
Email: Send Email
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/ink-additives-market-156703804.html