Eco Friendly Inks Market Analysis

The manufacturing process of eco-friendly inks includes soybean, which is slightly refined and blended with resins, dyes, pigments or waxes. During the deinking process, eco-friendly ink gets removed faster as compared to conventional ink. On the basis of degradability, the speed of the degradation of eco-friendly ink is double as compared to that of regular ink. In addition, regular ink is made from petroleum-based products and releases toxic chemicals during the deinking process.  

As of today, most of the newspaper associations across the world are adopting eco-friendly inks as they create brighter and sharper images through printing and are free from petroleum solvents. However, eco-friendly inks take more time to dry as compared to conventional ink, which is the only factor that is likely to hamper the growth of the eco-friendly inks market.

Market Dynamics: Eco-Friendly Inks Market

Innovations in technology, increasing focus on R&D, environmental concerns and the development of cost-effective end products are among the key drivers of the eco-friendly inks market. In addition, stringent regulations across the world are forcing key players to focus on producing eco-friendly inks instead of conventional inks. However, certain factors, such as the higher price of eco-friendly ink as compared to conventional ink and the lower supply of eco-friendly ink as compared to demand, are among factors likely to restrict the growth of the market. Key players have the opportunity to develop as well as produce eco-friendly ink. Some of the key players are investing in eco-friendly inks in order to meet stringent environmental regulations formulated to mitigate pollution caused from discharge of other inks in environment.

Market Segmentation: Eco-Friendly Inks Market

The eco-friendly Inks market is segmented on the basis of product type and application.

Regional Outlook: Eco-Friendly Inks Market

Over the past couple of years, there has been remarkable growth in the demand for eco-friendly inks to reduce volatile organic compounds as well as the environmental load. Globally, key players are undertaking initiatives to protect the environment, especially in Asia Pacific and Western Europe. The China eco-friendly inks market is gaining traction owing to an upsurge in the demand for bio-based eco-friendly inks. China is expected to dominate the eco-friendly inks market by the end of the forecast period. In Western Europe, market key players are focusing on expanding the production of eco-friendly inks to meet the global demand. The China eco-friendly inks market is expected to register noticeable growth in the near future. Furthermore, the North America eco-friendly inks market is expected to witness moderate growth. However, the Middle East & Africa (MEA) and Latin America regions are likely to register weak growth during the same period.

The research report presents a comprehensive assessment of the eco-friendly inks market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. Eco-friendly inks also contains projections using a suitable set of assumptions and methodologies. The eco-friendly inks report provides analysis and information according to market segments such as geographies, application, and industry.

The eco-friendly inks report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with eco-friendly inks market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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