Low Migration Inks Market Size, Share, Growth Report 2030

The global Low Migration Inks market, which was estimated at 2.1 (USD Billion) in 2019 and is predicted to accrue earnings worth 3.48 (USD Billion) by 2026, is set to record a CAGR of nearly 9% over 2020-2026. The report offers valuation and analysis of Low Migration Inks market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

Introduction

A low migration ink is designed for utilization in packaging activities where undesirable migration of chemical materials from inks to packaging material can prove to be hazardous. Moreover, ink passage from printed side to the unprinted side of the packaging can be caused as a result of either gas migration or physical migration. Furthermore, the product is utilized in myriad applications like food & beverages, pharmaceuticals, and cosmetics. Myriad kinds of processes such as gravure process and flexography process are utilized for applying low migration inks to the packaging materials.   

Apparently, the materials used for producing low migration inks possess high molecular weight and display low migration features. Moreover, the migratory efficacy of these inks is determined through use of HPLC chromatography as well as gas chromatography techniques.

Market Growth Drivers

Massive intake of packaged food products and requirement for ensuring the safety of these items from getting mingled with printed inks will drive the market trends. Furthermore, supportive laws favoring the product use in developed nations will prompt the expansion of low migration inks industry over the ensuing years. Large-scale awareness pertaining to hazardous effects as a result of ink migration in food, cosmetics, pharmaceutical, and cosmetic items will promote the business growth over the forecasting years.  In addition to this, growing trend among the end-users towards lightweight as well as flexible packaging will define the growth of low migration inks market over the estimated timeline. However, huge product costs with restricted raw material availability along with oscillating prices of raw materials will demean the expansion of low migration ink industry space over the forthcoming years.

Europe To Dominate Overall Market Share During 2020-2026

The growth of the market in Europe over the estimated timespan is credited to lucrative demand for low migration inks in Europe. In addition to this, printers manufactured in Europe are regulated by EU printing laws on packaged food products. Furthermore, Swiss government has enacted a law of FDHA on substances that maintains the records of the information about the raw materials used in inks for food packaging activities. Moreover, it is necessary that the raw materials comply with particular migration limits. All these aforementioned aspects will steer the expansion of the regional market over the estimated timeline.

Key players influencing the market growth are Siegwerk Druckfarben, Sun Chemical Corporation, hubergroup Deutschland, INX International Ink, ALTANA, Flint, TOYO INK., Agfa-Gevaert, and epple Druckfarben AG.  

The global low migration inks market is segmented as follows:

By Process:

• Gravure
• Flexography
• Off-set
• Digital

By End-Use Industry:

• Food & Beverage
• Pharmaceuticals
• Cosmetics

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa