Ink Resin Market - By Type (Acrylic Resins, Polyurethane Resins, Epoxy Resins, Polyamide Resins, Unsaturated Polyester Resins), Technology (Oil-Based, Water-Based, Solvent-Based, UV-Curable), Application, Printing Process & Forecast, 2024 – 2032

Ink Resin Market - By Type (Acrylic Resins, Polyurethane Resins, Epoxy Resins, Polyamide Resins, Unsaturated Polyester Resins), Technology (Oil-Based, Water-Based, Solvent-Based, UV-Curable), Application, Printing Process & Forecast, 2024 – 2032

Ink Resin Market size will record over 4.1% CAGR from 2024-2032, driven by rapid advances in resin technologies for the development of inks with better performance characteristics, such as improved adhesion, durability, and color vibrancy. For instance, in July 2023, SABIC introduced its new Noryl resin technology to help customers in reducing their carbon footprint. The rise of digital printing technologies is favoring the demand for specialized resins to enhance print quality, speed, and flexibility. The surging focus on developing resins that are compatible with recyclable and biodegradable packaging materials to align with sustainability goals will add to the product demand.

The ink resin industry is segmented into type, technology, application, printing process, and region.

In terms of technology, the industry value from the water-based segment may witness strong growth from 2024 to 2032. This can be attributed to the rising focus on safety standards, especially in the packaging of food and pharmaceuticals, where non-toxic and low-odor inks are preferred. Advances in resin technology are also enhancing the performance of water-based inks, making them better than solvent-based inks in terms of durability, adhesion, and color vibrancy.

Based on the printing process, the ink resin market from the flexographic segment is expected to expand at a robust CAGR from 2024-2032, due to their compatibility with both traditional and modern printing techniques in a wide range of industries. Moreover, flexographic inks can be employed on a variety of substrates, including paper, cardboard, plastic, metal, and foil. Growing versatility and suitability for diverse applications in packaging, labels, and other printed materials will add to the segment growth.

Regionally, the Europe ink resin market size is projected to witness a lucrative CAGR from 2024 to 2032 owing to the adoption of greener alternatives to comply with regulations and meet the consumer demand for sustainable products. The push towards sustainability and reducing carbon footprints in the region is encouraging the use of bio-based and water-based ink resins. The influx of EU’s stringent environmental regulations is also driving the demand for environmentally friendly and low-VOC ink resins in Europe.