• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The 2022 Packaging Ink Report

    The UV Ink Market Continues to Thrive

    The Conductive Ink Market is Showing Growth

    The 2022 Resin Report

    EU Chemicals Sector Embarks on Transition Pathway
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Top News
    Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News

    Nazdar Celebrates 100 Years with a New Look

    hubergroup Chemicals Exhibits at Paint India for First Time

    Award for Sustainability: Evonik Receives Platinum Rating Again

    Nazdar Ink Technologies to Showcase Latest Ink Innovations at FESPA Global Print Expo 2022
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News

    Nazdar Celebrates 100 Years with a New Look

    RadTech 2022 Highlights Next Level Formulations

    Nazdar Ink Technologies to Showcase Latest Ink Innovations at FESPA Global Print Expo 2022

    Epson Introduces First Direct-to-Fabric Printer for North America
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    RadTech 2022 Highlights Next Level Formulations

    hubergroup Chemicals Exhibits at Paint India for First Time

    PETRONAS Chemicals Group to Acquire Perstorp Group

    Ingevity Announces Price Increase for Pine Chemical-Based Products

    Carbon Black Producer Birla Carbon to Increase North American Prices
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    RadTech 2022 Highlights Next Level Formulations

    RadTech 2022 Highlights UV/EB Opportunities in Electronics

    ROSS Mixers Restored to Like-New Condition

    UV Curing System Market Worth $8.6 Billion by 2026: MarketsandMarkets

    byko-visc Offers New RT Rotational Viscometer
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Hydrite Chemical Co

    ARCOLOR AG

    Meteor Inkjet Ltd

    Munzing

    DCL CORPORATION
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Middle East Coatings Show 2022

    Labelexpo Americas 2022
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • eBook
    • Podcasts
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Features

    The 2018 Resin Report

    Resins play a key role in the formulation of inks, and rising prices are challenging the market.

    The 2018 Resin Report
    Related CONTENT
    • Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions
    • Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America
    • Indulor America
    • Demand for Sustainable Print Technologies Creates New Opportunities
    • The Printing Ink Industry in India
    David Savastano, Editor05.11.18
    Resins are critical to printing inks, providing key characteristics required by brand owners, and are a sizable market.

    In its report, “UV Curable Resins & Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylates & Oligoamines, Acrylates), Application, Technology, and Region - Global Forecast to 2023,” MarketsandMarkets estimates the global UV curable resins and formulated products market to be $4 billion in 2018. This market is projected to reach $6.31 billion by 2023, at a CAGR of 9.5% from 2018 to 2023.  Epoxy acrylates and polyester acrylates are some of the most commonly used UV oligomers.

    In its report, “Nitrocellulose Market Size, Share & Trends Analysis Report by Application (Printing Inks, Automotive Paints, Wood Coatings, Leather Finishes, Nail Varnishes), By Region, And Segment Forecasts, 2014 – 2024,” Grand View Research estimated the nitrocellulose market at $649.1 million in 2016, anticipating a CAGR of 6.1% over the forecast period.

    “The printing ink segment is driven by technological developments and the increasing consumption of eco-friendly based inks. Usage of these products in gravure printing and flexography would give high quality and durable color paint result,” its analysts reported. 

    Sun Chemical CTO Russell Schwartz talked about the importance of resins to ink formulation.

    “Resins bring most of the film properties needed in inks, such as gloss, adhesion and ink rheology,” Schwartz said. “The physical and chemical resistance properties of the final ink film are determined largely by the resin along with other ingredients, such as additives.”

    Schwartz noted that there are different resins for each type of ink.

    “There are many classes of resins used in packaging inks, including acrylic, cellulose acetate butyrate, cellulose acetate propionate, polyamide, polyurethane, vinyl and nitrocellulose,” said Schwartz. 

    Terry Chomniak, director of sales - process organics at Hydrite, said that business has been steady with minimal growth overall in the last year.

    “Hydrite continues to see a steady growth in the ink industry, and we work with our customers focusing on addressing their needs,” added Chomniak. “Hydrite has developed a new line of products based on polyester chemistry that allow for extremely high solids for high performance ink and coating applications.”

    Jeff Jacobs, North America sales manager for Indulor America, said that the overall, the resin industry fared well in 2017.

    “Markets continue to grow globally,” Jacobs added. “At Indulor, graphic arts is our core business, as about 90% of our sales go into this market segment. As a result of increasing customer demand over the last few years, Indulor has undertaken major expansions in our capacity for solid resin manufacturing in Germany, and started up its new state-of-the-art polymer manufacturing facility in North Carolina in February 2017. We are therefore seeing significant growth in our graphic arts sales in North America.

    “Our expectation for 2019 is to continue to grow our reputation as a reliable and technically competent supplier to the graphic arts industry beyond the European market, where we have already established ourselves as a known quantity,” Jacobs continued. “As a result of our new manufacturing operation in North Carolina, we are hoping to gain a significant market share in the North American graphic arts market.”

    Resinall is focused on the litho market, and Matt Westin, director of technical services at Resinall, said that the field is still shrinking. “Our business is focused in litho, and from our vantage point the industry is still continuing to contract; 2017 again contracted by around 6%,” Weston observed. “We had hoped 2018 would level off (as we do every year) but thus far the contraction has accelerated.”

    Higher Prices for Raw Materials

    Rising resin prices are a concern for ink companies. For example, earlier this year, BASF increased prices for its Laromer UV resins in the EMEA region by 3% to 10% due to increases in raw material prices as well as REACH registration costs.

    “All raw materials, including resins, are a concern for ink manufacturers,” Schwartz said.

    “Methacrylates have been the main driver this past year with regards to marketplace price increases,” said Chomniak. “These increases stem from unexpected and extended plant shutdowns.”

    Jacobs reported that increasing raw material costs, especially styrene and acrylates, have been a major concern this year.
    “However, due to our long-term relationships with the major producers and several traders, we have been able to maintain consistent supply, even when materials were extremely short (e.g. MMA),” Jacobs added.

    Weston noted that raw material prices increased last year and have continued to do so in 2018. “There is also much finished product price pressure from imported resins,” he added. “As a result we have not had success passing along any raw material price increases to customers. If this trend continues it would not be a surprise to see a domestic resin supplier exit the graphic arts industry.”

    Regulatory Challenges

    Regulations continue to expand, particularly in packaging. Low migration inks are of increasing interest in the packaging side, and Schwartz said that resin suppliers help ink companies meet the requirements of printers and brand owners.

    “Due to the increasing interest of low migration inks in the packaging side of the business, one key thing that resin suppliers can do to help ink companies meet the requirements of printers and brand owners is to provide more detailed toxicity data,” Schwartz said.

    Chomniak said that Hydrite is working with customers to meet their regulatory needs.

    “Hydrite continues to develop polymers that require little or no low molecular weight species that might readily migrate,” Chomniak noted. “Any migratory raw materials are chosen with the appropriate FDA requirement in mind.”  

    “We work closely in conjunction with our customers to adjust our products to their requirements, e.g. Indulor developed special resins to help customers meet increasing regulations in Europe and worldwide,” said Jacobs. “In general, Indulor’s product portfolio has been built around glycol-ether free resin systems, so that our solutions and emulsions also contain minimal VOC levels.” 
    Related Searches
    • nitrocellulose
    • gravure
    • printers
    • coatings
    Related Knowledge Center
    • Resins
    Suggested For You
    Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions Flint CPS’ Global Commercial Leadership Team Reflect on Challenging Market Conditions
    Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America Sun Chemical to Increase Prices on Inks, Coatings, and Adhesives in North America
    Indulor America Indulor America
    Demand for Sustainable Print Technologies Creates New Opportunities Demand for Sustainable Print Technologies Creates New Opportunities
    The Printing Ink Industry in India The Printing Ink Industry in India
    NAPIM Fall Technical Conference Returns to Oak Brook NAPIM Fall Technical Conference Returns to Oak Brook
    hubergroup: Price Increase Due to Massive Rise in Raw Material and Transport Costs hubergroup: Price Increase Due to Massive Rise in Raw Material and Transport Costs
    Day International Issues Price Increases for Printing Blankets Day International Issues Price Increases for Printing Blankets
    Plastic Packaging Market Size to Be Worth Around US$586.2 Billion by 2030 Plastic Packaging Market Size to Be Worth Around US$586.2 Billion by 2030
    Burgess Pigment Announces Price Increase Burgess Pigment Announces Price Increase
    Carlos Hernandez to Manage Orion Carbons’ NJ Lab Carlos Hernandez to Manage Orion Carbons’ NJ Lab
    Sun Chemical to Increase Prices on Inks, Coatings and Adhesives in Latin America Sun Chemical to Increase Prices on Inks, Coatings and Adhesives in Latin America
    varioPRINT iX-Series Celebrates First Year in Graphic Arts Market varioPRINT iX-Series Celebrates First Year in Graphic Arts Market
    Epple Druckfarben AG Epple Druckfarben AG
    International Paper International Paper

    Related Features

    • Ink Manufacturers News | Resins | Suppliers News
      The 2022 Resin Report

      The 2022 Resin Report

      Sustainability is among the key criteria in sourcing resins for inks.
      David Savastano, Editor 03.24.22

    • Additives | Flushed Colors and Pigments | Ink Manufacturers News | Resins | Suppliers News | Sustainability | Waxes
      Raw Materials are Critical to Sustainability

      Raw Materials are Critical to Sustainability

      Ink manufacturers are asking their raw material suppliers to help them meet sustainability goals.
      David Savastano, Editor 02.07.22

    • Additives | Energy-Curable Materials | Flushed Colors and Pigments | Ink Manufacturers News | Price Increases | Resins | Suppliers News | Waxes
      Supply Chain Challenges Continue Into 2022

      Supply Chain Challenges Continue Into 2022

      The global economy is experiencing the most unprecedented supply chain volatility in recent memory.
      Terry Knowles, European Editor 02.07.22


    • Additives | Energy-Curable Materials | Energy-Curing Equipment | Flushed Colors and Pigments | Ink Manufacturers News | Metallics and Special Effects Pigments | Mills and Mixers | Resins | Suppliers News | Testing, Color and QC | Vehicles and Varnishes | Waxes
      The Buyers’ Guide

      The Buyers’ Guide

      Ink World’s Annual Buyers’ Guide
      Dave Savastano, Editor 10.14.21

    • Ink Manufacturers News | Resins | Suppliers News
      Ink Manufacturers Look for Sustainability from Resins

      Ink Manufacturers Look for Sustainability from Resins

      Experts place the market for ink resins at $6 billion, with sales of resins for packaging ink doing particularly well.
      David Savastano, Editor 04.15.21

    • Additives | Flushed Colors and Pigments | Ink Manufacturers News | Resins | Suppliers News
      Sustainability and the Raw Material Market

      Sustainability and the Raw Material Market

      Key suppliers say that ink manufacturers are putting greater emphasis on sustainability.
      David Savastano, Editor 11.13.20


    • Additives | Energy-Curable Materials | Flushed Colors and Pigments | Ink Manufacturers News | Resins | Suppliers News
      COVID-19 and the Raw Material Market

      COVID-19 and the Raw Material Market

      Solvents, pigments, pigment intermediates, and other specialty chemicals were impacted by the pandemic.
      David Savastano, Editor 09.21.20

    • Resins | Suppliers News
      Resins Market  Still Growing Despite  COVID-19 Uncertainty

      Resins Market Still Growing Despite COVID-19 Uncertainty

      Packaging industry growth to drive the ink resins market.
      Anthony Locicero, Associate Editor 05.18.20

    • Additives | Conductive Inks and Printed Electronics | Energy-Curable Materials | Energy-Curing Equipment | Flushed Colors and Pigments | Graphic Arts Coatings | Industry News | Ink Manufacturers News | Inkjet Inks and Toners | Mills and Mixers | Printers News | Resins | Sheetfed Inks | Specialty Inks | Suppliers News | Testing, Color and QC | UV and EB Inks
      2019 NPIRI Conference  Features Sustainability,  Regulatory, Technical Issues

      2019 NPIRI Conference Features Sustainability, Regulatory, Technical Issues

      Conference looks at major trends, including sustainability, regulatory and technical issues and new technologies.
      David Savastano, Editor 11.12.19


    • Resins | Suppliers News
      The 2019  Resin Report

      The 2019 Resin Report

      Resins help impart the key characteristics that ink manufacturers and their customers are looking for from an ink.
      David Savastano, Editor 05.20.19

    • Additives | Conductive Inks and Printed Electronics | Energy-Curable Materials | Energy-Curing Equipment | Flushed Colors and Pigments | Graphic Arts Coatings | Industry News | Ink Manufacturers News | Inkjet Inks and Toners | Metallics and Special Effects Pigments | Mills and Mixers | Printers News | Publication Offset Inks | Resins | Sheetfed Inks | Specialty Inks | Suppliers News | Testing, Color and QC | UV and EB Inks | Waxes
      2018 NPIRI Conference Examines Regulatory, Technical Topics

      2018 NPIRI Conference Examines Regulatory, Technical Topics

      ...
      David Savastano, Editor 11.15.18

    • Ink Manufacturers News | Personnel | Resins | Suppliers News
      NPIRI 2018 Award Winners

      NPIRI 2018 Award Winners

      ...
      David Savastano, Editor 11.15.18


    • Additives | Energy-Curable Materials | Flushed Colors and Pigments | Ink Manufacturers News | Resins | Suppliers News | Waxes
      The 2018 Raw Material Market

      The 2018 Raw Material Market

      Ink manufacturers are coping with numerous supply and pricing problems, including photoinitiators and pigments.
      David Savastano, Editor 09.21.18

    • Ink Manufacturers News | News Inks | Personnel | Publication Offset Inks | Resins | Sheetfed Inks | Suppliers News | UV and EB Inks

      2018 NAPIM Printing Ink Pioneer Award Recipients

      ...
      David Savastano, Editor 07.31.18

    • Personnel | Resins | Suppliers News
      Gene Cassidy – Lawter

      Gene Cassidy – Lawter

      ...
      David Savastano, Editor 07.31.18

    Breaking News
    • Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
    • Nazdar Celebrates 100 Years with a New Look
    • hubergroup Chemicals Exhibits at Paint India for First Time
    • Award for Sustainability: Evonik Receives Platinum Rating Again
    • Nazdar Ink Technologies to Showcase Latest Ink Innovations at FESPA Global Print Expo 2022
    View Breaking News >
    CURRENT ISSUE

    April 2022

    • The 2022 Packaging Ink Report
    • The UV Ink Market Continues to Thrive
    • The Conductive Ink Market is Showing Growth
    • The 2022 Resin Report
    • EU Chemicals Sector Embarks on Transition Pathway
    • Overview of Ink Demand in Asian Ceramic Industry
    • Industry Gears Up for the 2022 American Coatings Show and Conference
    • Defining - Evaluating Impurities, IAS, NIAS, and NLS (Part 2)
    • Needham Group Embraces New Technologies
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    GOED Creates Infographic Highlighting Omega-3 Health Claims Approved in Europe
    Kyowa Hakko Appoints Dr. Colin Hill to Immuse Scientific Advisory Board
    Expert Consensus Statement: Diet is Best Primary Intervention to Achieve Diabetes Remission
    Coatings World

    Latest Breaking News From Coatings World

    What Are You Reading?
    Teknos Receives EcoVadis Gold Medal for Sustainability Performance
    AkzoNobel and Partners Team Up to Hack Carbon Reduction Challenges
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    MPO's Most-Read Stories This Week—May 21
    Iterative Scopes Expands its Senior Leadership Team
    Viz.ai Raises $100 Million in Series D Funding
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Piramal Pharma Solutions New API Plant in Canada Now Online
    MG America Appoints Claudio Radossi as President
    Catalent Invests $175M to Expand Mfg. Capabilities at Winchester, KY
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Authentic Beauty Concept Launches Second-Generation ‘Refill Bar’
    HASK Beauty Enters Exclusive Partnership with Amazon
    Garance Doré Launches Made in France Skincare Line
    Happi

    Latest Breaking News From Happi

    P&G Closes HQ Due To Security Threat, Launches New Hair Care Line
    SPF Setting Spray, Lip Contour and Knotless Braids Are Hot Trends: Spate
    Nutrafol Launches Collagen Infusion
    Ink World

    Latest Breaking News From Ink World

    Weekly Recap: Zeller+Gmelin, Sun Chemical and Kornit Top This Week’s News
    Nazdar Celebrates 100 Years with a New Look
    hubergroup Chemicals Exhibits at Paint India for First Time
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Brook + Whittle's new acquisition, SunDance goes to HP and more
    Specialty announces move to new facility
    Mark Andy hosts dealer's open house in Warsaw
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Weekly Recap: Kimberly-Clark to Expand Diaper, Wipes Production in Brazil; The Honest Company to Sell Diapers, Wipes at Walmart & More
    3M to Expand in Nebraska
    Nicely Offers Nonwoven Slitters, Winders
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    ODT's Most Read Stories This Week—May 21
    FDA Clears Anika Therapeutics' X-Twist Knotless Fixation System
    Paragon 28 Rolls Out TenoTac 2.0 Hammertoe and Soft Tissue Repair
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Weekly Recap: Graphene Flagship, Japan Display and LG Display Top This Week’s Stories
    Evonik Launches New Processing Aids for PV Wafer Cutting
    NREL Creates Highest Efficiency 1-Sun Solar Cell

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login