Spurred by the demand for UV and eco-friendly inks, the global digital inks market is forecast to reach $1.04 billion by the year 2015, according to Global Industry Analysts Inc. In addition, innovative ink technologies and products, as well as new application areas, will boost future prospects of the digital inks market. In addition, innovative ink technologies and products, as well as new application areas, will boost future prospects of the digital inks market.
Mushrooming popularity of outdoor signage such as wraps and banners are propelling growth of eco-solvent, and UV-cured digital inks. Water-based inks are expected to hit southwards, pushed aside by the eclipsing popularity of cost efficient solvent-based inks. Europe and Asia-Pacific make up the other important markets in the digital inks sphere. Asia-pacific, led by burgeoning growth in China, Vietnam, Malaysia and other Southeast Asian markets, is set to race ahead at the overall fastest CAGR through 2015.
