Ultraviolet (UV) curable inks undergo a photochemical process in presence of ultraviolet light, which leads to the drying of the ink. UV curable inks have witnessed widespread acceptance over traditional inks due to various advantages such as superior bonding, reduced rejection rates and superior solvent resistance properties. UV inks have witnessed an upsurge in their adoption owing to favoring environmental regulations, growing awareness and increased focus on improving the safety of packaged foods. UV inks have been majorly used in the packaging industry, mostly in the Asia-Pacific region. World UV curable inks market is expected to generate a revenue of $3.5 billion by 2020, registering a CAGR of 15.7% during 2015–2020.
Furthermore, the increasing applications of 3D printing across various verticals have boosted the growth of the market. However, high costs of equipment and fluctuating prices of raw materials would marginally restrict the growth of the market. Technological advancements in the field of UV printing have created ample opportunities for the growth of the market. The recently developed technology, UV LED inks, have been significantly accepted among customers owing to their superior advantages over mercury lamp curable UV inks.
World UV curable inks market is segmented based on product type, industry vertical and geography. Free radical inks offers superior adhesion, instant curing and better durability properties compared to cationic UV inks. UV inks have been increasingly adopted across various verticals including automobile, medical, consumer goods, publications and printing industries. The world UV curable inks market has been analyzed on the basis of different geographical regions, which include North America, Europe, Asia-Pacific and LAMEA. Asia-Pacific would be the fastest growing region among others owing to high adoption of UV inks in countries such as China, India and Japan. The key players profiled in the report include APV Engineered Coatings, Hewlett-Packard Company, Illinois Tool Works, Inc., Leibinger Group, RUCO Druckfarben, Eastern Marking Machine Corp., Flint Group, Toyo Ink SC Holdings Co., Ltd., Gans Ink & Supply Co. and T&K Toka Corporation.
- The study provides an in-depth analysis of the UV curable inks market with current and future trends to elucidate the imminent investment pockets in the market.
- The report provides information regarding key drivers, restraints and opportunities with impact analysis for the forecast years.
- Porter’s five forces model and SWOT analyses of key market players have been provided to highlight the potency of the buyers and sellers in the industry.
- The value chain analysis of the industry signifies the key intermediaries involved and elaborates their roles at every stage in the value chain.
- The quantitative analysis of the market during the period of 2014–2020 has been provided to elaborate the market potential.
KEY MARKET SEGMENTS:
The market is segmented based on product type, industry vertical and geography.
Market by Type
Market by Industry Vertical
- Consumer goods
- Publications and printing
Market by Geography
- North America
- APV Engineered Coatings
- Hewlett-Packard Company
- Illinois Tool Works, Inc.
- Leibinger Group
- RUCO Druckfarben
- Eastern Marking Machine Corp.
- Flint Group
- Toyo Ink SC Holdings Co., Ltd.
- Gans Ink & Supply Co.
- T&K Toka Corporation
Table of Contents
CHAPTER 1 INTRODUCTION
1.1 Report description
1.2 Key benefits
1.3 Market segmentation
1.4 Research methodology
1.4.1 Secondary research
1.4.2 Primary research
1.4.3 Analyst tools and models
CHAPTER 2 EXECUTIVE SUMMARY
2.1 CXO perspective
CHAPTER 3 MARKET OVERVIEW
3.1 Market definition and scope
3.2 Key findings
3.2.1 Top impacting factors
3.2.2 Top winning strategies
3.2.3 Top investment pockets
3.3 Porters five forces analysis
3.3.1 Presence of numerous players & less differentiated product leads to high bargaining power of buyer
3.3.2 Large number of suppliers present in market, lack of price sensitivity and less differentiated products lead to moderate bargaining power of suppliers
3.3.3 Large number of suppliers raises competitive rivalry among leading players
3.3.4 Presence of other technologies increases the threat of substitution
3.3.5 High investment required to set up company & stringent government regulations lower the threat of new entrants
3.4 Value chain analysis
3.5 Market share analysis, 2014
3.6 Market dynamics
220.127.116.11 Eco-friendly technology
18.104.22.168 High efficiency of UV curable inks
22.214.171.124 Application in 3D printing
126.96.36.199 High initial cost
188.8.131.52 Fluctuating raw material prices
184.108.40.206 Growing demand of UV LED inks
220.127.116.11 Technology advancement
CHAPTER 4 WORLD UV CURABLE INKS MARKET BY PRODUCT TYPE
4.1.1 Market size and forecast
4.2 Free radical
4.2.1 Key market trends
4.2.2 Competitive scenario
4.2.3 Key growth factors and opportunities
4.2.4 Market size and forecast
4.3.1 Key market trends
4.3.2 Competitive scenario
4.3.3 Key growth factors and opportunities
4.3.4 Market size and forecast
CHAPTER 5 WORLD UV CURABLE INKS MARKET BY INDUSTRY VERTICAL
5.1.1 Market size and forecast
5.2.1 Market size and forecast
5.3 Consumer goods
5.3.1 Market size and forecast
5.4.1 Market size and forecast
5.5 Publications and printing
5.5.1 Market size and forecast
5.6.1 Market size and forecast
CHAPTER 6 WORLD UV CURABLE INKS MARKET BY GEOGRAPHY
6.2 North America
6.2.1 Key market trends
6.2.2 Competitive scenario
6.2.3 Key growth factors and opportunities
6.2.4 Market size and forecast
6.3.1 Key market trends
6.3.2 Competitive scenario
6.3.3 Key growth factors and opportunities
6.3.4 Market size and forecast
6.4 Asia Pacific
6.4.1 Key market trends
6.4.2 Competitive scenario
6.4.3 Key growth factors and opportunities
6.4.4 Market size and forecast
6.5 Latin America, Middle East and Africa (LAMEA)
6.5.1 Key market trends
6.5.2 Competitive scenario
6.5.3 Key growth factors and opportunities
6.5.4 Market size and forecast
CHAPTER 7 COMPANY PROFILES
7.1 APV Enginerred Coatings
7.1.1 Company overview
7.1.2 Company snapshot
7.1.3 Strategic moves and developments
7.1.4 SWOT analysis of APV Engineered Coatings
7.2 Hewlett-Packard Company
7.2.1 Company overview
7.2.2 Company snapshot
7.2.3 Business performance
7.2.4 Strategic moves and developments
7.2.5 SWOT analysis of Hewlett-Packard Company
7.3 Illinois Tool Works, Inc.
7.3.1 Company overview
7.3.2 Company snapshot
7.3.3 Business performance
7.3.4 Strategic moves and developments
7.3.5 SWOT analysis of Illinois Tool Works, Inc.
7.4 Leibinger Group
7.4.1 Company overview
7.4.2 Company snapshot
7.4.3 SWOT analysis of Leibinger Group
7.5 RUCO Druckfarben
7.5.1 Company overview
7.5.2 Company snapshot
7.5.3 Strategic moves and developments
7.5.4 SWOT analysis of RUCO Druckfarben
7.6 Eastern Marking Machine Corporation
7.6.1 Company overview
7.6.2 Company snapshot
7.6.3 SWOT analysis of Eastern Marking Machine Corp.
7.7 Flint Group
7.7.1 Company overview
7.7.2 Company snapshot
7.7.3 Strategic moves and developments
7.7.4 SWOT analysis of Flint Group
7.8 Toyo Ink SC Holdings Co., Ltd.
7.8.1 Company overview
7.8.2 Company snapshot
7.8.3 Business performance
7.8.4 Strategic moves and developments
7.8.5 SWOT analysis of Toyo Ink SC Holdings Co., Ltd.
7.9 Gans Ink & Supply Co.
7.9.1 Company overview
7.9.2 Company snapshot
7.9.3 SWOT analysis of Gans Ink & Supply Co.
7.10 T&K Toka Corporation
7.10.1 Company overview
7.10.2 Company snapshot
7.10.3 Business performance
7.10.4 SWOT analysis of T&K Toka Corporation
List of Figures
FIG. 1 TOP IMPACTING FACTORS
FIG. 2 PORTERS FIVE FORCES OF UV CURABLE INK MARKET
FIG. 3 VALUE CHAIN ANALYSIS OF UV CURABLE INK MARKET
FIG. 4 MARKET SHARE ANALYSIS, 2014
FIG. 5 SWOT ANALYSIS OF APV ENGINEERED COATINGS
FIG. 6 REVENUE OF HEWLETT-PACKARD COMPANY, 2012-2014, $MILLION
FIG. 7 REVENUE OF HEWLETT-PACKARD COMPANY, BY BUSINESS SEGMENT(%), 2014
FIG. 8 REVENUE OF HEWLETT-PACKARD COMPANY, BY GEOGRAPHY (%), 2014
FIG. 9 SWOT ANALYSIS OF HEWLETT-PACKARD COMPANY
FIG. 10 REVENUE OF ILLINOIS TOOL WORKS INC., 2012-2014, $MILLION
FIG. 11 REVENUE OF ILLINOIS TOOL WORKS INC., BY BUSINESS SEGMENT (%), 2014
FIG. 12 REVENUE OF ILLINOIS TOOL WORKS INC., BY GEOGRAPHY (%), 2014
FIG. 13 SWOT ANALYSIS OF ILLINOIS TOOL WORKS INC.
FIG. 14 SWOT ANALYSIS OF LEIBINGER GROUP
FIG. 15 SWOT ANALYSIS OF RUCO DRUCKFARBEN
FIG. 16 SWOT ANALYSIS OF EASTERN MARKING MACHINE CORP.
FIG. 17 SWOT ANALYSIS OF FLINT GROUP
FIG. 18 NET SALES OF TOYO INK SC HOLDINGS CO., LTD. 2012-2014, $MILLION
FIG. 19 SWOT ANALYSIS OF TOYO INK SC HOLDINGS CO., LTD.
FIG. 20 SWOT ANALYSIS OF GANS INK & SUPPLY CO.
FIG. 21 REVENUE OF T&K TOKA CORPORATION, 2012-2014, $MILLION
FIG. 22 SWOT ANALYSIS OF T&K TOKA CORPORATION
List of Tables
TABLE 1 WORLD UV CURABLE INK MARKET BY GEOGRAPHY, 2013-2020 ($MILLION)
TABLE 2 DIFFERENCE BETWEEN FREE RADICAL AND CATIONIC UV CURING INKS
TABLE 3 WORLD UV CURABLE INKS MARKET BY TYPE, 2014-2020 ($MILLION)
TABLE 4 WORLD FREE RADICAL UV CURABLE INKS MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 5 WORLD FREE RADICAL UV CURABLE INKS MARKET BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 6 WORLD UV CURABLE INKS MARKET BY INDUSTRY VERTICALS, 2014-2020 ($MILLION)
TABLE 7 WORLD UV CURABLE INKS MARKET IN AUTOMOBILE INDUSTRY BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 8 WORLD UV CURABLE INKS MARKET IN CONSUMER GOODS INDUSTRY BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 9 WORLD UV CURABLE INKS MARKET IN MEDICAL BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 10WORLD UV CURABLE INKS MARKET IN PUBLICATION AND PRINTING INDUSTRY BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 11WORLD UV CURABLE INKS MARKET IN OTHER INDUSTRIES BY GEOGRAPHY, 2014-2020 ($MILLION)
TABLE 12NORTH AMERICAN UV CURABLE INKS MARKET BY INDUSTRY VERTICALS, 2014-2020 ($MILLION)
TABLE 13EUROPEAN UV CURABLE INKS MARKET BY INDUSTRY VERTICALS, 2014-2020 ($MILLION)
TABLE 14ASIA PACIFIC UV CURABLE INKS MARKET BY INDUSTRY VERTICALS, 2014-2020 ($MILLION)
TABLE 15LAMEA UV CURABLE INKS MARKET BY INDUSTRY VERTICALS, 2014-2020 ($MILLION)
TABLE 16SNAPSHOT OF APV ENGINEERED COATINGS
TABLE 17SNAPSHOT OF HEWLETT-PACKARD COMPANY
TABLE 18SNAPSHOT OF ILLINOIS TOOL WORKS INC.
TABLE 19SNAPSHOT OF LEIBINGER GROUP
TABLE 20SNAPSHOT OF RUCO DRUCKFARBEN
TABLE 21SNAPSHOT OF EASTERN MARKING MACHINE CORP.
TABLE 22SNAPSHOT OF FLINT GROUP
TABLE 23SNAPSHOT OF TOYO INK SC HOLDINGS CO., LTD.
TABLE 24SNAPSHOT OF GANS INK & SUPPLY CO.
TABLE 25SNAPSHOT OF T&K TOKA CORPORATION