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Tuesday, 29 September 2020
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Markets & companies, Coatings market

Radiation curing inks: double digit market growth expected

Friday, 18 November 2011

The total market for radiation curing ink for packaging will grow 24 % from its 2011 base to almost 37,500 tonnes by 2016.

Inkjet using UV inks is a fast growing sector in signage and is becoming established in labels and packaging applications. Source: Pira International

Inkjet using UV inks is a fast growing sector in signage and is becoming established in labels and packaging applications. Source: Pira International

The total market for radiation curing ink for packaging will grow 24 % from its 2011 base to almost 37,500 tonnes by 2016. In value terms 60 % plus growth will take the market to over USD 883 million in the same period according to a new study by Pira International and Radtech Europe. "The Future of Radiation Curing for Packaging market and technology forecasts to 2016" provides quantitative market sizes and forecasts for each key material, end-use, region and country. The study is based on extensive primary research, including in-depth interviews with suppliers, packaging converters, printers and end users, including brand owners and retailers. This brand new study also analyses the latest technologies shaping the industry. According to the study, inkjet, in labels, cartons and flexible packaging is expected to be the fastest growing sector to 2016, with a 250 % increase on the 2011 volume predicted.

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