Ppzhan: According to a new survey by Pira International, the global market for environmentally friendly (environmentally friendly) inks reached $5.8 billion in 2009 and is expected to reach $7.2 billion in 2014. The growth rate is 4.5%.
At present, the foundation of environmentally friendly or sustainable inks may still be weak, but it will certainly bring valuable development opportunities to raw material suppliers, equipment manufacturers and ink manufacturers in the future. The printing industry is striving to transform into a sustainable industry. Innovative products with environmental and economic benefits are emerging, and the market for solvent-based and petroleum-based inks is gradually being replaced by newly developed environmentally friendly products.
Pilla International predicts that with the establishment of environmental regulations, the demand for environmentally friendly and sustainable inks will increase. Food packaging is a potential market for energy-curing inks. The new Food Contact Notice (FCN) 722 issued by the US Food and Drug Administration laid the foundation for energy solidification into the food packaging sector.
From the perspective of the types of environmentally friendly inks, Pila International believes that the fastest growth will be UV inks. Its annual compound growth rate will reach 7% between 2009 and 2014, and the market size will also be 1.28 billion euros. It has grown to 2 billion euros. Other areas that can bring opportunities to printing companies include shrink sleeve labels, thermoplastic inks, innovative sheetfed inks, point-of-sale displays and decorative printed substrates such as glass, and printed electronics.
At present, the foundation of environmentally friendly or sustainable inks may still be weak, but it will certainly bring valuable development opportunities to raw material suppliers, equipment manufacturers and ink manufacturers in the future. The printing industry is striving to transform into a sustainable industry. Innovative products with environmental and economic benefits are emerging, and the market for solvent-based and petroleum-based inks is gradually being replaced by newly developed environmentally friendly products.
Pilla International predicts that with the establishment of environmental regulations, the demand for environmentally friendly and sustainable inks will increase. Food packaging is a potential market for energy-curing inks. The new Food Contact Notice (FCN) 722 issued by the US Food and Drug Administration laid the foundation for energy solidification into the food packaging sector.
From the perspective of the types of environmentally friendly inks, Pila International believes that the fastest growth will be UV inks. Its annual compound growth rate will reach 7% between 2009 and 2014, and the market size will also be 1.28 billion euros. It has grown to 2 billion euros. Other areas that can bring opportunities to printing companies include shrink sleeve labels, thermoplastic inks, innovative sheetfed inks, point-of-sale displays and decorative printed substrates such as glass, and printed electronics.
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