International. The value of the global ink additives market was estimated at US$629 million in 2013 and is projected to grow at a CAGR of around 5.78% between 2014 and 2019. The high demand for printing inks across the end-user packaging industry will increase additive consumption.
The study conducted by MarketsandMarkets points out that this market is significantly penetrating printing ink applications. The characteristics of the end products differ according to the requirement of the end-user industries and for different applications. The Asia-Pacific region is the fastest growing segment of the global ink additive market and is mainly attributed to the high rate of economic growth, followed by the increasing demand for online shopping and food packages that is eventually driving the printing inks industry.
The nations of Central Europe, emerging Southeast and East Asia, and latin American nations that will host future global events would complement the growth of food and beverage and food packaging sector, followed by publication and promotion that will indirectly drive demand for this class of additives.
