PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1627934
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1627934
Lithographic Printing Chemicals Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2024 - 2032
The Global Lithographic Printing Chemicals Market reached USD 16.3 billion in 2023 and is projected to grow at a CAGR of 4.1% from 2024 to 2032. This growth will be largely driven by the increasing demand for print media, especially in Asia Pacific. Lithographic printing, particularly offset printing, is known for its efficiency and cost-effectiveness in high-volume applications. Its ability to deliver high-quality prints at fast speeds makes it ideal for mass production, especially in sectors like packaging, where visual appeal and durability are crucial. As the demand for high-quality packaging grows, lithographic printing chemicals, including inks, coatings, and other consumables, improve print quality and sustainability.
Based on product type, the ink segment generated USD 16.1 billion by 2032 and is predicted to register a 4.4% CAGR during 2024-2032. The demand for high-performance inks, particularly in the print media industry, will drive the growth of this segment. Cleaning solutions are also critical in offset printing, consisting of chemical mixtures such as hydrocarbons, oils, and corrosion inhibitors. These solutions are necessary for the regular cleaning and maintenance of printing machines, helping to remove ink residues and dirt buildup, thereby maintaining optimal machine performance.
In terms of application, the lithographic printing chemicals market is divided into publication, packaging, promotion, and other categories like stationery and books. The publication segment, which accounted for 41.1% of the market share in 2023, is expected to reach USD 6.7 billion and grow at a 4.6% CAGR from 2024 to 2032. The expansion of the print media industry in the Asia Pacific region is expected to further fuel this segment's growth, particularly in the publication of newspapers, magazines, and other periodicals.
| Market Scope | |
|---|---|
| Start Year | 2023 |
| Forecast Year | 2024-2032 |
| Start Value | $16.3 Billion |
| Forecast Value | $22.8 Billion |
| CAGR | 4.1% |
U.S. lithographic printing chemicals industry is expected to reach USD 1.1 billion by 2032, growing at a CAGR of 2.8%. This growth is driven by technological innovations and the increasing demand for sustainable, eco-friendly printing practices. Manufacturers are developing biodegradable inks and low-VOC chemicals to meet these evolving needs. Additionally, the rise of digital printing technologies pushes traditional lithographic methods to innovate further, resulting in new chemical formulations that improve both print quality and operational efficiency.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definition
- 1.2 Base estimates & calculations
- 1.3 Forecast calculation
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
- 2.1 Industry synopsis, 2021-2032
Chapter 3 Industry Insights
- 3.1 Industry ecosystem analysis
- 3.1.1 Factor affecting the value chain
- 3.1.2 Profit margin analysis
- 3.1.3 Disruptions
- 3.1.4 Future outlook
- 3.1.5 Manufacturers
- 3.1.6 Distributors
- 3.2 Supplier landscape
- 3.3 Profit margin analysis
- 3.4 Key news & initiatives
- 3.5 Regulatory landscape
- 3.6 Impact forces
- 3.7 Industry impact forces
- 3.7.1 Growth drivers
- 3.7.1.1 Advantage of offset technology for high volume printing applications
- 3.7.1.2 Developments in the print media industry
- 3.7.1.3 Steady increase in offset printing demand for packaging applications
- 3.7.2 Market challenges
- 3.7.2.1 Substitution by other printing techniques
- 3.7.1 Growth drivers
- 3.8 Regulations & market impact
- 3.9 Porter's analysis
- 3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2023
- 4.1 Introduction
- 4.2 Company market share analysis
- 4.3 Competitive positioning matrix
- 4.4 Strategic outlook matrix
Chapter 5 Market Size and Forecast, By Product, 2021-2032 (USD Billion) (Kilo Tons)
- 5.1 Key trends
- 5.2 Inks
- 5.3 Fountain solutions
- 5.4 Cleaning solutions
- 5.5 Others
Chapter 6 Market Size and Forecast, By Application, 2021-2032 (USD Billion) (Kilo Tons)
- 6.1 Key trends
- 6.2 Consumer electronics
- 6.3 Publication
- 6.4 Packaging
- 6.5 Promotion
- 6.6 Others
Chapter 7 Market Size and Forecast, By Region, 2021-2032 (USD Billion) (Kilo Tons)
- 7.1 Key trends
- 7.2 North America
- 7.2.1 U.S.
- 7.2.2 Canada
- 7.3 Europe
- 7.3.1 Germany
- 7.3.2 UK
- 7.3.3 France
- 7.3.4 Italy
- 7.3.5 Spain
- 7.3.6 Russia
- 7.4 Asia Pacific
- 7.4.1 China
- 7.4.2 India
- 7.4.3 Japan
- 7.4.4 South Korea
- 7.4.5 Australia
- 7.5 Latin America
- 7.5.1 Brazil
- 7.5.2 Mexico
- 7.6 MEA
- 7.6.1 South Africa
- 7.6.2 Saudi Arabia
- 7.6.3 UAE
Chapter 8 Company Profiles
- 8.1 DIC Corporation
- 8.2 Flint Group
- 8.3 Huber Group
- 8.4 Sakata Inx Corporation
- 8.5 SICPA Holding SA
- 8.6 Siegwerk Druckfarben AG & Co.
- 8.7 T&K TOKA Corporation
- 8.8 TCI Graphics
- 8.9 Tokyo Printing Ink Company
- 8.10 Toyo Ink Company
