Ink Additives Market was valued at US$ 1.6 billion in 2021 is anticipated to reach US$ 2.01 billion by 2026 and also have an increasing CAGR of 5.1% during 2022 – 2027

Ink Additives include driers, which speed up the drying of inks; bodying agents, which increase the viscosity of an ink; waxes such as microcrystalline, polyethylene, paraffin, beeswax, carnauba wax, and ozokerite are used to prevent such printing defects as ink setoff and blocking, and to increase the ink's ; these are the main factors that have considerably increased the demand for the Ink Additives in the market, thereby driving the huge growth of the Ink Additives market in the upcoming years

Market Drivers and Restrains:

The main factors that have considerably increased the demand for the Ink Additives in the market is mainly due to the rise in the production of ink additives with multiple applications acts as one of the major factors driving the growth of ink additives market. The increase in the need for packaging printing, and the rise in the demand for corrugated boxes owing to increased e-commerce sales accelerate the ink additives market growth. The high utilization of flexible packaging in food & beverages sector and growth in demand for biodegradable and renewable product further influences the ink additives market. Additionally, growth in population, urbanization, change in lifestyle, rapid digitization and surge in disposable income positively affect the ink additives market. Furthermore, research and development activities and product innovations extend profitable opportunity to the ink additives; these are the main factors that have considerably increased the demand for the Ink Additives in the market, thereby driving the huge growth of the Ink Additives market in the upcoming years

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Report is segmented as:

Ink Additives Market is segmented on the basis of by:

By Type (Foam control additives, Rheology modifiers, slip/rub materials, Dispersing & wetting agents, Driers and Others)
By Technology (Water-based, Solvent-based, UV-Cured and Others)
By Process (Gravure, Flexographic, Digital and Lithographic)
By Application (Packaging, Publishing and Commercial Printing)
Geographical Segmentation:

North America
Europe
Asia Pacific
Latin America
Middle East & Africa
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North America has the dominant share in the Ink Additives is due to the rise in demand for flexographic printing inks in the packaging industry for corrugated containers these are the main factors that have considerably increased the demand for the Ink Additives in the North America, followed by Europe, Asia Pacific, Latin America and Middle East & Africa will register a slower increase in the Ink Additives Market

Impact of COVID-19 on Market

Covid -19 pandemic has affected almost every industry, and the long-term effects are projected to impact the Ink Additives growth during the forecast period. Covid-19 pandemic has impacted huge on the sales revenue of Ink Additives market .The restrictions and lockdown imposed by the government in several countries has slow down the market and decrease the demand for Ink Additives, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of corona virus are expecting to raise the Ink Additives market growth

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