The UV Curable Inks Market is to Touch $7.4 Billion by 2030; The increasing demand for UV curable inks across various industries such as automobile, consumer good, medical, chemicals propel market growth.

The UV Curable Inks Market size is estimated to reach $7.4 Billion by 2030, growing at a CAGR of 13% during the forecast period 2023-2030, according to a recent report published by IndustryARC, titled, “UV Curable Inks Market – By Product Type (Free Radical, Cationic), By Application (Packaging, Commercial and Publication, Others), By End User (Automobile, Consumer Good, Medical, Chemicals, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030”

Sustainability and eco-friendly formulations and expansion in 3d printing applications are fueling the growth of the UV Curable Inks industry during the forecast period. 

APAC holds the largest market share with more than 40% in 2023 for UV Curable Inks market. The region is home to rapidly expanding industries such as packaging, electronics, and automotive, which are significant consumers of UV curable inks. Countries like China, Japan, South Korea, and India are leading in manufacturing and technological advancements, providing a strong foundation for the growth of UV curing technologies. Additionally, the rise of e-commerce in these nations has spurred the demand for high-quality packaging and labeling solutions, further boosting the adoption of UV curable inks. Moreover, stringent environmental regulations in many Asia-Pacific countries are encouraging the shift toward eco-friendly alternatives, such as UV curable inks, which contain low or no volatile organic compounds (VOCs). The region’s vast population and growing middle class are also contributing to increased demand for consumer goods with high-quality printed materials, driving the need for advanced printing technologies. The combination of these factors positions Asia-Pacific as a dominant player in the global UV curable inks market, with its large-scale production capabilities and growing market demands.

With growing awareness of environmental issues, industries are actively seeking greener alternatives to conventional solvent-based inks, which emit volatile organic compounds (VOCs) during the curing process. UV curable inks, on the other hand, contain little to no VOCs, making them a more sustainable option. Additionally, the UV curing process is energy-efficient and fast, reducing the overall environmental impact. In April 2023, Sustainability is a crucial driver for printers, and energy-curable ink manufacturers point out that UV and EB inks have a good story to tell when it comes to the environment. Niklas Olsson, global director product & commercial excellence, Narrow Web at Flint Group, noted that year after year, additional benefits from energy curing technologies are recognized. Jonathan Graunke, VP - UV/EB technology and assistant R&D director for INX International Ink Co., observed that as sustainability evolves beyond the ‘greenwashing’ claims, one can make strong arguments of how UV/EB technologies align with models like the UN SDGs. The push for eco-friendly formulations aligns with global regulations and certifications, such as REACH and RoHS, which restrict the use of hazardous chemicals. These trends are further supported by demand from environmentally conscious end-users who prioritize sustainable printing practices. This trend is particularly important in sectors such as packaging, textiles, and labels, where end-users are increasingly seeking materials that have a minimal environmental footprint. It also opens up new market opportunities for companies that innovate and develop UV curable inks with bio-based or recyclable ingredients.

UV curable inks are gaining momentum in the rapidly growing 3D printing industry. Traditional 3D printing materials have certain limitations, especially when it comes to achieving high-resolution prints with intricate details. UV curable inks provide an advantage by offering quick curing times and high durability, allowing manufacturers to create more detailed and precise 3D objects. The UV ink technology in 3D printing is especially beneficial for applications in industries such as automotive, healthcare (for prosthetics), aerospace, and even consumer goods. For instance, in 2023 Raise3D unveils the DF2, marking a groundbreaking era in DLP 3D printing. Revealed at Formnext, the event showcased cutting-edge innovations and outlined an ambitious roadmap for future advancements, setting new standards in the industry. As the 3D printing sector continues to innovate and explore new frontiers, the UV curable inks market is expected to see significant demand. This trend is supported by the increasing affordability and accessibility of 3D printers, allowing small businesses and hobbyists to adopt this technology. As UV curable inks continue to evolve, they are likely to enable more versatile and complex 3D printing applications, expanding the market's growth potential.

• In November 2023, Ricoh Europe introduced the RICOH Pro VC80000, a high-speed inkjet webfed platform revolutionizing print service providers' economics. Featuring advanced automation, closed-loop quality control, and seamless production floor integration, it ensures highly efficient operations and versatile application capabilities.

• In February 2023, Flint Group transformed food label and packaging printing with the groundbreaking release of eco-friendly UV LED Dual Cure ink. This innovative solution marks a significant leap towards sustainability, aligning with the industry's growing commitment to environmentally responsible practices.

• In June 2022, Siegwerk introduced UV-curing deinking primers for labels and sleeves, enhancing sustainability in packaging. This innovation aligns with the industry's growing focus on eco-friendly solutions

Key companies profiled in the UV Curable Inks Market are T&K Toka Corporation, Tianjin Angel Chemicals, Ricoh, Flint Group, Hewlett-Packard, Gans Ink & Supply, Nutec Digital Ink, Siegwerk, Hanghua Toka, Toyo Ink Group, RUCOINX Druckfarben, Marabu Co., Mimaki Engineering Co., Ltd., Superior Printing Inks, Heraeus Noblelight and others