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Inkjet Colorants Market: By Product, By End User and Region Forecast 2019-2030
Inkjet Colorants Market: By Product, By End User and Region Forecast 2019-2030
Inkjet Colorants Market size was valued at US$ 3.4 billion in 2023 and is poised to grow at a CAGR of 5.6% from 2024-2030. Factors such as increasing demand for dyes and pigments, growth in end-user industries, increasing demand for digital inks, and technological advancements are boosting the market growth. Acceptance of digital cameras has enormously improved the demand for inkjet printers which will further enhance the market growth. However, environmental concerns and fluctuating raw material prices are inhibiting the market growth. Today with advances in color printing, production inkjet printing is expanding into personalized direct mail and transpromo applications. With the new concept of material deposition with micro (or nano) encapsulation technology, functional chemicals can be ejected from print heads onto textile substrates. Hence, the rise in the usage of inkjet printing technology is fueling the market growth. The key raw materials for manufacturing inkjet colorants are treating agents, sodium chloride, carbon black, sodium hydroxide, and para chloro ortho nitro aniline.
For instance, in June 2016, BASF launched a new global pigments brand. The new brand encompasses BASF's distinct colorants and pigments portfolio and serves customers across five key industries, including coatings, plastics, printing, cosmetics, and agriculture. Manufacturers of inkjet colorants depend on external suppliers to meet their raw material requirements. Availability and supply of these raw materials play an important role in the increase and decrease of inkjet colorant prices. Hence, fluctuating raw material prices hampers the market growth. The global market is surging owing to frequent acquisitions and launches by the market players.
Study Period
2024-2030Base Year
2023CAGR
5.6%Largest Market
Asia-PacificFastest Growing Market
North-America
There are many benefits for printers and consumers which are driving the growth and interest in production inkjet printing. Inkjet printing technology provides possibilities for new design styles and workflows, short production runs, sustainable printing environments, quick response time, and customization. In considering the future of textile printing, inkjet textile printing coloration chemistry is crucial. Currently, it only has applications for direct printing, but inkjet printing applications for specialty printing styles are being explored. As the technology improved in both speed and resolution, high speed inkjet printing has become common in the printing of transactional documents such as consumer statements for banks, credit card companies, utilities, telecommunications and insurance companies.
Today with advances in color printing, production inkjet printing is expanding into personalized direct mail and transpromo applications. With the new concept of material deposition with micro (or nano) encapsulation technology, functional chemicals can be ejected from print heads onto textile substrates. Hence, rise in usage of inkjet printing technology are fueling the market growth
Asia Pacific accounted for larger revenue share in global inkjet colorants market with considerable CAGR as it is one of the major consumer and largest exporters of inkjet colorants. Rising demand for pigments from various end-user industries in the region is other factor responsible for market growth. Also, China is the major contributor for the market growth in the region as it is the manufacturing hub of the world. Further, North America held steady market share during predicted period owing to growing printing inks and architectural coatings demand.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 3.4 billion |
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Market CAGR |
5.6% |
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By Product |
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By End User |
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By Region |
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The global inkjet colorants market size was valued at US$ 3.4 billion in 2023 and is set to grow at a CAGR of 5.6% from 2024 to 2030.
Increasing Trend towards Lab-on-Chip Bioprinting Technology in Healthcare Industry
North America is the fastest-growing for inkjet colorants market
| 1.Executive Summary |
| 2.Global Inkjet Colorants Market Introduction |
| 2.1.Global Inkjet Colorants Market - Taxonomy |
| 2.2.Global Inkjet Colorants Market - Definitions |
| 2.2.1.Product |
| 2.2.2.End User |
| 2.2.3.Region |
| 3.Global Inkjet Colorants Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Inkjet Colorants Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Inkjet Colorants Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Dyes |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pigments |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Inkjet Colorants Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Commercial |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Industrial |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Inkjet Colorants Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.North America Inkjet Colorants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Dyes |
| 8.1.2.Pigments |
| 8.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Commercial |
| 8.2.2.Industrial |
| 8.2.3.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9.Europe Inkjet Colorants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Dyes |
| 9.1.2.Pigments |
| 9.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Commercial |
| 9.2.2.Industrial |
| 9.2.3.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 10.Asia Pacific (APAC) Inkjet Colorants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Dyes |
| 10.1.2.Pigments |
| 10.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Commercial |
| 10.2.2.Industrial |
| 10.2.3.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11.Middle East and Africa (MEA) Inkjet Colorants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Dyes |
| 11.1.2.Pigments |
| 11.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Commercial |
| 11.2.2.Industrial |
| 11.2.3.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12.Latin America Inkjet Colorants Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Dyes |
| 12.1.2.Pigments |
| 12.2. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Commercial |
| 12.2.2.Industrial |
| 12.2.3.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.BASF (Germany) |
| 13.2.2.Cabot (U.S) |
| 13.2.3.Clariant (Switzerland) |
| 13.2.4.DIC (Japan) |
| 13.2.5.Fujifilm (Japan) |
| 13.2.6.Hubei DingLong (China) |
| 13.2.7.Keystone Aniline Corporation (U.S) |
| 13.2.8.Lanxess (Germany) |
| 13.2.9.Nippon Kayaku (Japan) |
| 13.2.10.Toyo Ink (Japan) |
| 13.2.11.Huntsman (U.S) |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.