The arrival of low-energy UV curing and emergence of LED-curing have boosted take-up and the market growth potential greatly exceeds the average for printing and packaging over the next five years. The market for radiation curing inks and varnishes is some 155,000 tonnes in 2016 with an end-user value of around $2.7 billion. The market is growing at around 2-3% annually in tonnage terms, the value outstripping this figure reflecting the change in mix of inks and varnishes, and high performance formulations.
UV curing dominates the radiation curing sector, as commercial print suppliers catch up with packaging converters who have used UV and electron beam printing and varnishing for many years. Electron beam curing, usually the domain of high volume carton package producers is being explored in inkjet where the demands of food labels and packaging are important.The growth of UV inkjet printing, and the higher value of the output, is encouraging ink and varnish manufacturers, as well as equipment suppliers, to develop ever-improving systems that allow printers and converters to boost their efficiencies and broaden the range of applications.
The Future of Radiation Curing Print Markets to 2022 provides quantitative market sizes for the major technologies in radiation curing globally, forecasting the markets to 2022 by curing, method print process, and end use application. The market is also forecasted by region and country, based on in-depth primary and secondary research. There is dedicated analysis of unmet needs and end user requirements, as well as perspectives on the likely impact of emerging new technologies.