UV Curable Inks Market is Expected to Reach USD 7.85 Billion by 2032: Reports and Data
The global UV Curable Inks Market reached a value of USD 3.56 billion in 2022 and is projected to achieve USD 7.85 billion by 2032, demonstrating a substantial revenue Compound Annual Growth Rate (CAGR) of 8.6% over the forecast period. This market's growth is being driven by various factors, including the increasing demand for UV curable inks in a wide range of applications such as digital printing, packaging, and labels, where high-quality and durable printing is essential, for example, in banners and outdoor advertising.
A significant driver of revenue growth in the market is the surging demand for environmentally friendly printing options. In comparison to traditional solvent-based inks, UV-curable inks emit fewer Volatile Organic Compounds (VOCs) and are considered more environmentally friendly. This shift towards eco-friendly packaging solutions is leading to the increased use of UV-curable inks across various industries, particularly in the packaging sector.
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