The market size of Global green ink will be reach 7.2 billion euros in 2014

The latest survey report from PiraInternational shows that the market size of the global green (environmentally friendly) ink in 2009 reached $5.8 billion,and is expected to reach $7.2 billion by 2014,the compound annual growth rate is 4.5%.

Currently,the environmental or sustainable ink may still relatively weak,but it will certainly bring valuable development opportunities to the raw material suppliers,equipment manufacturers and ink manufacturers. The printing industry are trying to transition to the sustainable development of industry,has the double benefit of environmental protection and economic,the markets of solvent-based and petroleum-based ink are gradually being replaced by the latest development of environmentally friendly products.

PiraInternational forecasts that with the establishment of a sound environmental regulations,the market demand for environmental protection and sustainable ink will be increasing.Energy curable inks for food packaging is one of the most potential market.The latest release of the U.S. Food and Drug Administration (FDA) Food Contact Notifications (FCN) 722 for energy curing enter the field of food packaging laid the foundation.

According to the types of environmental ink,PilaInternational believes that the fastest growth one will UV ink,it will reach about 7% compound annual growth rate during the 2009-2014period,the size of the market from 12.8 billion euros to 2 billion euros.The other areas which will bring the enterprise opportunities to the printing industry will be:shrink sleeves,thermoplastic inks,innovative sheetfed ink,point-of-sale display,Figure and glass decorative printed substratesand printed electronics.

By Betty