Ink Resins Market Summary
As per Market Research Future Analysis, the Global Ink Resins Market was valued at USD 3.65 Billion in 2023 and is projected to grow to USD 5.09 Billion by 2032, with a CAGR of 3.71% from 2024 to 2032. Key drivers include increased demand for packaged food and polyurethane resin in plastic goods. The market is influenced by the essential properties of ink resins, which enhance gloss and stickiness in inks. Major segments include modified resin, lithographic printing, and applications in printing & publication, which accounted for 47% of the market volume in 2021. North America leads the market, driven by demand in commercial publication and packaging sectors.
Key Market Trends & Highlights
The ink resins market is experiencing significant growth driven by various factors.
- Market Size in 2023: USD 3.65 Billion.
- Projected Market Size by 2032: USD 5.09 Billion.
- CAGR from 2024 to 2032: 3.71%.
- Printing & Publication segment accounted for 47% of the market volume in 2021.
Market Size & Forecast
2023 Market Size | USD 3.65 Billion |
2024 Market Size | USD 3.80 Billion |
2032 Market Size | USD 5.09 Billion |
CAGR (2024-2032) | 3.71% |
Major Players
Key players include Lawter (US), BASF SE (Germany), Royal DSM NV (Netherlands), DowDuPont Inc (US), Evonik Industries AG (Germany), and others.