Digital inks are used to print digital-based images directly into a variety of media. The ink enables on-demand printing, short and quicker turnaround time that reduces the overall costs. Additionally, replacement for printing plates is not required in digital printing as compared with other traditional methods such as lithography, flexography, gravure or letterpress.
Electrography and inkjet inks are the two types of digital inks. Electrography, also known as xerography, is the oldest form of non-impact printing technology that refers to dry writing or laser printing. These are widely used in photocopy machines and computer laser printers, as they offer high speed (ranging from 4ppm to 1,000ppm) and excellent print quality for text, graphics and images. Demand for inkjets is growing in the global printing ink market as they are less expensive and find applications in computer printouts and labels. It uses a special ink to print on paper and consists of dyes mixed with highly fluid vehicle that forms very small drops having electric charge, which can be deflected properly to fall in the right place to form a printed character or image.
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Digital inks are expected to witness significant growth during the forecast period (2016-2023) on account of lower costs and increasing demand from end-use applications such as desktop publishing, variable data printing, fine-art, print-on-demand, advertising industry, photo printing and architectural design. Additionally, the growing demand for digital content such as e-books is the key driver for the global digital inks market. Based on type, the ink-jet segment is expected to spur the global digital inks market during the forecast period. By formulation, solvent-based digital inks are expected to showcase positive growth during the forecast period on account of declining market for water-based digital inks. Several factors such as the UV light, scratch and water resistant properties of solvent-based digital inks are propelling the growth of the market.
Advancement in the printing technology such as piezo technology-based inkjet print heads is expected to drive the global digital inks market. These piezo inkjet print heads enhance the resolution of images through delivering small and precise dots with accuracy. Additionally, growth in the UV-Cured inks is expected to further bolster the market growth during the forecast period. These type of printing inks offers energy efficiency, low heat generation, long service life and zero ozone generation, which is expected to further propel the growth of UV-Cured inks.
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Owing to the rising demand for digital printing and printing inks, the global market for digital inks is expected to grow during the forecast period. The increasing awareness towards the impacts and hazards of deforestation has led to surge in the demand for e-books and online content.
The major challenge faced by the global digital inks market is the large quantities of waste ink produced during spill, drainage from press and excess dosing. Collection and disposal of such inks is extremely expensive thus posing a major hindrance for the market growth of global digital inks.
The key players in the global digital inks market include Sun Chemical Corporation, Flint Group, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Ltd., INX International Ink Co., E. I. du Pont de Nemours and Company, Electronics For Imaging, Inc., Marabu GmbH & Co. KG, Nazdar Ink Technologies and Sakata INX Corporation.
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