Global industry analysts gia recently published the printing inks a global strategic enterprise report in which it predicted that the production value of the global printing ink market will reach usd18.2 billion by 2017. The report also points out that asiapacific, china and india in particular, will enjoy the fastest growth.expectations are that by 2017, the average annual growth of the printing ink industry in asiapacific will reach 5.5. The publication and commercial printing ink industries will be key growth segments for the region, with china and india the top performers. According to the report, economic development in that part of the asian continent will bring about further growth opportunities.in many ways, the printing ink industry is a microcosm of regional, and even global, economic development.
As it is closely linked with gdp, it fluctuates with the ups and downs of china&rsquos economy.recently, thanks to the depressed global economy and increases in the prices of raw materials, the global printing ink industry has been under consistent price pressure. In the short term, it is set to enjoy modest growth as it trends towards highend digital technology and low energy costs.
The major demand for printing ink will continue to come from the packaging, commercial publication and printing markets.as calls for fast development and environment protection grow, more and more manufacturers are exploring waterbased ink solutions. Since 2002, the total production value of china&rsquos printing industry has sustained a rapid average annual growth rate of 15.4. In 2008, the domestic printing industry had a total production value of rmb 475 billion usd 75.2 billion.
Today, of china&rsquos approximately 600 printing ink producers, 300 have sales revenues in excess of rmb 5 million usd 792,000 in their core businesses &ndash a fact which points to a highly competitive market.with the development of highspeed, automated printing solutions, revolutionary changes abound in the printing ink industry. In response to environmental concerns, ecofriendly inks like plant oilbased inks and waterbased inks are growing in popularity. Notably, lithographic ink currently has the largest share of the ink market because offset printing has unique advantages against other printing techniques. Digital printing ink, too, has become an industry favorite. So much so that by 2017, the digital printing ink market will grow by an annual average of 3.7.
Demand for digital printing ink will be stimulated by upgrades in screen printing technologies the widespread use of computers in commerce, the establishment of inhouse graphic design departments and the proliferation of businesses that offer instant printing services. The expansion of digital printing and inkjet printing will likely promote other rapid advancements in the field of digital printing ink.the development of environmentfriendly ink, together with technical innovations in uv and inkjet inks, has driven the growth of the global printing ink market.
At the same time, radiation curable ink and energysaving technologies have opened up huge opportunities in the market while gravure ink, screen printing ink, letterpress printing ink and other special kinds of ink have enjoyed rapid growth. Together, these elements have boosted the market prospect of the printing ink industry.today, thanks to its exciting development trends, china&rsquos printing ink market is attracting international attention. Sinocorrugated south 2012 will feature a zone dedicated to the ink industry.
Visitors from all over the world will be able to assess a wideranging variety of ink products onsite.as china&rsquos largest folding carton and packaging industry showcase, sinocorrugated south brings together renowned suppliers of corrugated board, equipment and consumables.
These include high profile companies like gongyao, sky dragon printing ink and bailide. Exhibitors at this year&rsquos event are set to display international standard carton boxes, manufacturing equipment and the consumables.the organizers of the show, reed exhibitions, will help exhibitors to comprehensively showcase their products, technologies and corporate logos and, through the event, provide a robust platform on which vendors can engage with buyers from all over the world.sinocorrugated south 2012 will take place from april 11 to april 13 at the guangdong modern international exhibition center in houjie, dongguan.
