David Savastano, Editor04.15.21
Resins are crucial to ink formulation, providing essential characteristics to the inks. Not surprisingly, the market for ink resins is sizable; Aseem Pathan, senior consultant at Persistence Market Research, said that Persistence Market Research tentatively estimates the global market size for ink resins to be approximately $6 billion in 2019.
“As of now, the Asia Pacific region continues to dominate demand, with China being the leading market,” added Pathan. “The region is also the one with the fastest expected growth rates in the next few years. Europe and North America continue to remain promising markets for resins for the ink industry.”
Resins differ depending on the ink type, whether it is solvent-based, water-based, oil-based or energy curable inks. Pathan said that modified rosin, acrylic and polyurethane resins are finding significant traction in the market in terms of resin types.
“Leading players in the market are focusing on developing
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