A latest market research report shows that "World UV Curable Ink Market Development Opportunities and Forecasts, 2014-2020" predicts that by 2020, the global UV curable ink market revenue will reach 3.5 billion US dollars. In the food and beverage packaging industry, more and more UV inks are used in label printing, making it the fastest growing field. UV LED ink is an emerging technology, he is replacing UV ink in different vertical market areas. Due to the increasing labeling of pharmaceuticals and consumer products, the Asia-Pacific market is expected to witness the climax of an industry development.
The printing industry has been facing the issue of volatile organic compound (VOC) emissions in recent years. The environmental protection law for the emission of volatile organic compounds (VOC) also makes UV-curable inks widely used in the field of publication printing due to their remarkable curing properties. In addition, the slow curing of traditional inks and low-resolution images also make the opposite of fast curing performance, and the market demand for high-quality and environmentally friendly UV-curable inks is increasing. In the current situation, because it is suitable for various substrates, UV-curable inks have become an ideal alternative solvent. With the development of industry and the continuous progress of technology, UV ink is expected to continue to popularize. Due to its long shelf life, UV LED inks enhance the energy efficiency of LEDs. It is expected that traditional UV inks will be replaced in this field.
In the future, UV-curable inks will continue to lead the publication and printing industry ink markets. However, the printing industry has also witnessed a gradual decline in the UV ink market demand due to the continuous impact of the growth of the electronic market. By 2020, the publications and printing industry will account for one-third of the entire market; the consumer goods market is expected to reach the fastest compound annual growth rate. The report points out that due to its excellent adhesion, fast curing performance, and long-lasting durability, free radical UV curing inks accounted for about 90% of the UV curing ink market in 2014.
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