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Report Ocean Report Ocean Press Release We conducted a survey to understand the actual situation of the UV curable ink market in 2022.

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Report Ocean
[Report Ocean Press Release] We conducted a survey to understand the actual situation of the UV curable ink market in 2022.

Europe is a major contributor to the global demand for UV curable inks. Europe is expected to show favorable growth owing to increasing demand for eco-friendly inks in various end-use industries.
Survey overview:
Survey period: June 14th to September 20th, 2022
Research agency :
Survey contractor: Report Ocean Co., Ltd.
In-house survey
Survey target: The survey was conducted with 890 leaders from organizations of all sizes around the world.
Number of valid responses: (890 people)
Survey method: Telephone survey of 300 people, Internet survey of 590 people Survey Respondents: The survey was conducted across companies based on revenue. [Image 1d67400-5942-d4df25af539dda90daec-0.jpg&s3=67400-5942-fbdc21ffb9f8143df124d9c60c832bec-2700x1800.jpg
Survey results :
Q: Which product types are in high demand in the UV curable ink market? By product type, the free radical ink segment dominated the UV curable ink market in terms of volume and value in 2021.
Obtained by a polymerization process, free-radical inks require low temperatures that do not interfere with the curing process and are quick.
[Image 2d67400-5942-a698c1d626459ae8af97-1.jpg&s3=67400-5942-d37321004f956523a386ce339b53488d-2700x1800.jpg
Q: Which end user has the highest share in the UV curable ink market? According to end use, it is classified into automotive, consumer goods, medical, publishing & printing, and others.
By end-use, the publishing and printing segment accounted for the largest share of revenue in 2021. This is due to the high demand for unique and personalized consumer goods with attractive colors promoted by UV curable inks.
[Image 3d67400-5942-a465fb9560d3139bb39e-2.jpg&s3=67400-5942-9e870215e890aa57614c026b01eb8386-2700x1800.jpg
Q: What are the factors driving the market for UV curable inks? Excellent properties such as low volatile organic compound content, short drying time, and high adhesion have increased the demand for UV curable inks in various printing applications, thus driving the market growth. expected. Moreover, technological advancements in this area have reduced the risk of fading, bubble formation and delamination, which is expected to boost the market growth.
UV curable inks are less viscous, meaning less penetration into printed matter and less waste. Demand for UV curable inks is increasing as they can be applied to hard surfaces due to their low viscosity.
Survey conclusions:
Rising demand for UV curable inks in consumer goods and medical sectors to improve energy efficiency, increasing popularity of 3D printing worldwide, eco-friendly curing technology, according to the CEO of a major company The rapid increase in the adoption of UV curable inks is a major factor driving the growth of the UV curable ink market.
The UV curable ink market is likely to witness notable growth due to its biocompatibility. Low pollutant emissions, low energy use essential for product manufacturing, and reduced waste are expected to have a positive impact on market growth.
Moreover, surge in productivity and increased printing throughput offered by UV curable inks are expected to boost the growth of the UV curable inks market during the forecast period. Additionally, increasing demand for UV inks in 3D printing for consumer goods, medical, and automotive applications is projected to boost the market growth.
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