Rotogravure Printing Inks Market

Rotogravure Printing Inks Market Size (2023-2028)

The Rotogravure Printing Inks Market was expected to reach $6 Billion by 2028 from $4 Billion in the year 2022 during the forecast period of 2023-2028

Gravure inks are composed of suspended inorganic or organic pigments or colorants or dissolved in a solvent medium to facilitate ink flow so that it can be transferred to the printing surface. Intaglio inks are colloidal systems having fine pigment bits dispersed in an organic liquid. Rotogravure printing inks are employed when fine, sharp, and high-quality lines are required, such as in greeting cards, magazines, wallpapers, wrapping papers, advertising media, and more. High-speed drying systems are needed for these inks to minimize print defects and improve drying performance. These printing inks are relatively more durable.

Gravure is a printing process employed in businesses to increase the production of large, high-quality prints. Also known as photo quality images. Many publishers use the recording process to publish their magazines because they want to promote or industry their product in the best possible way. Mail-order catalogs are also printed on a large scale using the gravure method due to the escalated appeal. The consistent print quality of the engraving method satisfies this requirement with a good-quality result. Gravure has the ability to transfer an additional amount of ink to paper compared to other printing processes. Therefore, this method is primarily preferred for fine art photography and reproduction. Gravure can shift more ink onto paper than most other printing procedures. It is known for its remarkable range of density (light to shadow) and is therefore a process of choice for the reproduction of fine art and photographs. The image may or may not be as sharp as that offset lithography.

Rising end-use and manufacturing businesses and flexible packaging applications are driving calls for rotogravure printing inks in the Asia-Pacific region and continued product development activities. The expansion, merger, and acquisition undertaken by the companies are the main factors driving the worldwide industry for rotogravure printing inks.

Rotogravure Printing Inks Market Drivers

The steady expansion of businesses such as packaging is predicted to be a key driver for the rotogravure printing ink industry. Rotogravure printing inks are gaining traction around the world due to their low unit cost and high-quality image reproduction. Escalating calls for processed foods is predicted to drive an increase in call for food packaging, which in turn is predicted to drive expansion in the worldwide industry for rotogravure printing inks.

Restraints in the Rotogravure Printing Inks Market

Some issues with drying speeds and cost performance, among others, have been associated with water-based gravure printing inks. In addition, solvent-based formulations for intaglio printing inks pose serious environmental concerns.

These aforementioned factors are predicted to act as an obstacle in the expansion of the worldwide industry for rotogravure printing inks.

Opportunities in the Rotogravure Printing Inks Market

Gravure printing increases print speed, which helps reduce distortion and dot gain, thus improving print quality. The worldwide call for intaglio inks and publishing presses has escalated dramatically in recent years, thus affecting the industry in a positive way. Industry expansion is predicted to rise in the coming years owing to continued refinement in the procedure, gravure presses, and inks.

Challenges in the Rotogravure Printing Inks Market

Solvents lead the technology segment in the industry due to their rapid evaporation and ease of application. Due to the presence of carcinogenic content, its industry expansion is hampered and manufacturers are adopting water-based technology in their businesses.

Rotogravure Printing Inks Market Segmentation

By Resin Type

• Nitrocellulose

• Polyamide

• Polyurethane

• Acrylic

• Others

Nitrocellulose is currently the dominant resin type in the gravure printing ink industry, while the polyamide resin type is predicted to experience the highest

By Region

• North America 

• Europe 

• Asia Pacific 

• Latin America 

• Middle East & Africa 

The Asia-Pacific region has the largest share of the industry due to the escalating call for rotogravure inks in packaging, publications, products, and promotion, etc. The packaging segment is predicted to experience rapid industry expansion due to the escalating consumption of inks to add beauty and glossy finish to catalogs, images, and the like in nations such as China, Japan, and India. Therefore, they are the main players in the industry.

The North American region is experiencing significant industry expansion due to the escalating call for nitrocellulose and polyamide resins in the packaging industry. Escalated investments and technology advancements in the core industry are predicted to drive the industry during the foreseen period. The growing call for rotogravure printing inks in the publishing, product and promotion segments has driven expansion in several nations including the United States, Canada, and Mexico. It is predicted that the Latin American region will experience tremendous industry expansion due to the escalating consumption of intaglio inks in the packaging, publishing, and product and promotion segments due to its non-carcinogenic content and of the excellent quality they offer. In addition, the Middle East and Africa are predicted to see further expansion in the industry due to escalating calls for intaglio inks in furniture laminates, consumer packaging, newspaper advertising, and others.

Recent Developments 

• In addition to its wide range of innovations, Uflex on Monday launched its special gloss ink for flexible substrates such as heat-sensitive paper and films. The glossy ink will be cured by LED lamps applied in line with the gravure printing process using a solvent or water-based ink system.
   
• Cylinder-in-India Toyo Ink India Pvt Ltd., a member of Japan's Toyo Ink Group, today launched a new brand, NEXpress™, to encompass all of its packaging-related inks and coatings, including a safe regulatory range custom-designed for food packaging, toys-and pharmaceuticals, and other consumer products.

Rotogravure Printing Inks Market Key Players:

Firms like Flint Group (Luxembourg), DIC Corporation (Japan), Toyo Ink SC Holdings Co., Ltd. (Japan), Dainichiseika Color & Chemicals Mfg. Co., Ltd. (Japan), Sakata Inx Corporation (Japan), T&K Toka Co., Ltd.  (Japan), Tokyo Printing Ink Manufacturing Co., Ltd. (Japan), Siegwerk Druckfarben AG & Co. KGaA, (Germany), Hubergroup Deutschland GmbH (Germany), and Wikoff Color Corporation (U.S.) among others are the leading industry players in the global rotogravure printing inks industry.