26.09.23 – Future Market Insights
Next generation of textile printing inks
The market for textile inks is growing due to its increasing use in the textile industry, with suppliers focusing on innovations. Cost-effectiveness and eco-friendly options, such as biodegradable inks, are gaining prominence due to environmental concerns.
Companies such as Kornit Digital Ltd and Magna Colours have introduced environmentally friendly water-based inks, especially for fabric printing in the clothing and apparel sector. These innovations are reshaping the textile ink market and providing eco- conscious alternatives to traditional chemical-based inks.
Revolutionizing fabric coloration
Textile printing ink is a liquid or paste containing dyes or pigments used to color surfaces like fabric or paper. It has evolved with technological advancements, offering flexibility, cost-effectiveness, and environmental benefits. It is utilized in both manual and automatic printing processes, gaining attention for its fast curing, durability, and eco-friendliness. Market dynamics show that urbanization, corporate branding demands, and the popularity of branded clothing are driving demand for textile printing inks. Reactive ink is in high demand due to its versatile applications. Textile printing ink finds use in various consumer-specific applications such as commercial printing and publications. The growth of textile printing ink is expected to continue due to its excellent print quality and color stability. The display segment, especially in special effects applications, has witnessed significant growth. The clothing segment is also expected to offer lucrative growth opportunities in the textile printing ink market. Overall, textile printing ink plays a vital role in various industries and continues to evolve with technology and market demands.
Key market players
In terms of regional outlook of the textile inks market`, Asia Pacific (APAC) and Western Europe are expected to witness significant growth during the forecast period. APAC is expected to lead this growth due to several factors, including a double-digit increase in the technical textile industry and increased production capacity by key market players in countries such as China and India. In addition, ASEAN countries such as Indonesia, Malaysia, and Thailand are showing financial prudence and hosting key industry events, further boosting growth in the APAC region. Key players in the market include Du Pont de Nemours and Company, Kornit Digital Ltd, BASF SE, Dystar Group, and others.