2018 global additive market for ink and coating improved
2018 global additive market for ink and coating improved
May 15, 2018
[China paint information]
in recent years, additives have become more and more important to ink manufacturers. Manufacturers rely on waxes, defoamers, surfactants, dispersants, and other raw materials to make inks work best on the press
additives have a large market. It is understood that the report issued by the consulting company kusumgar, nerlfi & growney shows that in 2017, the consumption of additives in the global ink and coating market reached 2.7 billion pounds, worth more than 5billion dollars. Paint accounts for 92% of them, and ink accounts for 8%
it is known that rheological modifier is one of the most important additives, accounting for 38% of the consumption and 36% of the total additive market value. Dispersants accounted for 20% of the consumption and 18% of the total value, followed by foam additives, accounting for 17% of the consumption. Sliding and friction materials account for 12% of the total consumption, and finally wetting agents account for 12%
meanwhile, it is reported that the market value of ink additives in 2015 was USD 592.8 million, and it is expected to reach USD 793.6 million by 2021. In terms of defoamers, the market share in 2016 was US $2.93 billion, silicon-based defoamers were the largest component, and water-based defoamers grew the fastest
the additive market is not only crucial to companies in the ink industry, but its influence is also gradually deepening. At the beginning of 2017, Evonik acquired the performance materials department of airproduct at a price of US $3.8 billion
the leaders of additive suppliers provide suitable connection and support after in-situ polymerization at body temperature. The sheep said that they have seen the vigorous development trend in the ink industry. Johnjilekjr, vice president of marketing at inksolutionsllc, once said that the additive market is growing at a rate of about 2% to 4%
joon Choo, vice president of shamrock technologies, pointed out that the growth of additive business is consistent with that in different fields and regions. "In particular, when the US economy is strong, we can see that it continues to drive global economic growth."David grabacki, President of Keim group, said: "the additive industry is facing pressure from the rising prices of raw materials, especially monomer products. However, in general, the situation is relatively stable."
david towell, product manager of Michelman coatings, pointed out that 2017 was an interesting year for the additive market. "In terms of digital and packaging applications, the additive market remains strong. With the European reach, the project has been supported by the" hundred talents plan "project of the Chinese Academy of Sciences and the financial support of cooperative enterprises (reach is a European regulation on the registration, evaluation, licensing and restriction of chemicals.) It was fully implemented in may2018, and suppliers and customers sought compliant raw materials one after another. At the same time, some supply problems in the polyethylene market have also affected the market and pushed up prices. "
this year, the raw material market fluctuated greatly and was affected by many factors, such as integration, environmental regulations or natural disasters. Therefore, additive suppliers have been under pressure from the shortage of raw materials and rising prices
rise in the ink market
the fastest growing areas in the ink industry are packaging and inkjet. These are the most handy areas for additive suppliers
joon Choo said that as the ink and coating formulations continue to develop towards post injection compliance, Shamrock technologies is adjusting the formulations with customers. "Especially in packaging, low mobility inks present both an opportunity and a challenge. We are developing products that are easier to incorporate and more functional."
it is understood that there are two major challenges facing the packaging field at present, one is to increase the printing methods of special coatings, and the other is to eliminate prop65
jerry trauth of Kustom group said, "there is still a great demand for products used to bring visual and sensory effects to packaging and printing. We are required to provide these special coatings for many different substrates, and maintain low mobility while meeting the requirements of Nestle and Switzerland."
david grabacki said: "at present, the problems faced by the packaging industry mainly come from the requirements of low pricing and food packaging regulations, which require special film substrate additives."
Alexander Kehl, market manager of Evonik ink, pointed out that Evonik is facing the growing demand for food contact compliance. " In the past few years, the industry has significantly improved its understanding of the safety of light stabilizers, especially those in contact with food. By providing corresponding solutions and technical guidance to these requirements, our primary task is to serve customers. "
arica Drake, flexible packaging marketing manager of Michelman, said:" brand owners have begun to realize their own differentiation through excellent packaging technology. Touch overprint varnish OPV gives customers a unique first impression because they can provide better appearance and touch. Customers can also innovate by self printing these OPV. "
digital printing requires different requirements. Dr. Christian Maus, an ink technology expert at Evonik, said that customers have been facing the challenge of finding suitable additives to meet the requirements of textile inkjet inks.
jerry trauth said:" the chemical properties of inks are different, so a stronger coating formula is required. Inkjet printing has the speed and width of traditional printing, and can realize a variety of digital printing in a single machine. "
challenges faced by food packaging
in recent years, the supervision of food packaging has become more and more strict, manufacturers are also more and more concerned about this aspect, and additives play a vital role in this aspect. Industry insiders said that one of the unique challenges in the field of food packaging is the increasing demand for complex design and fine printing
Alexander Kehl, Evonik's marketing manager, said: "Our products must comply with various regulations so that it is impossible for them to release substances harmful to human health into food. The challenge we face is to provide customers with additives that meet this demand without affecting their performance. Therefore, we provide customers with a wide range of additives, from defoamers, dispersants to surfactants, which can meet the requirements of our vast majority of customers.
outlook for 2018
As the field of packaging and digital printing grows, the demand for additives will also increase
industry insiders said that the development of new products should be more customer-centric, and new products that are innovative and meet more requirements will emerge continuously. It is understood that the overall trend of the additive Market in 2017 has been well expected, so people in the industry are optimistic about the coming year. The business development in China, South Korea, India and Europe is particularly expected