Oil-based Printing Inks Market
By Type;
Vegetable Oil-Based Printing Inks and Mineral Oil-Based Printing InksBy Viscosity;
Low Viscosity Inks and Medium Viscosity InksBy Installation Type;
Wall-mounted Transparent Displays and Ceiling-mounted Transparent DisplaysBy Application;
Marking & Coding, Package Printing, and SignageBy End User Industry;
Packaging, Print Media, Commercial Printing, and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Oil-Based Printing Inks Market Overview
Oil-Based Printing Inks Market (USD Million)
Oil-Based Printing Inks Market was valued at USD 22,396.19 million in the year 2024. The size of this market is expected to increase to USD 31,513.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
Oil-based Printing Inks Market
*Market size in USD million
CAGR 5.0 %
Study Period | 2025 - 2031 |
---|---|
Base Year | 2024 |
CAGR (%) | 5.0 % |
Market Size (2024) | USD 22,396.19 Million |
Market Size (2031) | USD 31,513.69 Million |
Market Concentration | Medium |
Report Pages | 397 |
Major Players
- Nazdar Ink Technologies
- Van Son Holland Ink Corp.
- Superior Printing Inks
- Flint Group
- Hubergroup
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Oil-based Printing Inks Market
Fragmented - Highly competitive market without dominant players
The Oil-based Printing Inks Market is experiencing consistent expansion, driven by the demand for premium printing solutions in commercial, publishing, and packaging sectors. These inks are valued for their long-lasting quality, smooth application, and ability to deliver vibrant colors, with more than 60% of conventional printing processes relying on oil-based formulations for reliable results.
Enhancing Print Durability and Clarity
Oil-based inks ensure superior color density, sharp image reproduction, and resistance to smudging, which are vital for high-quality outputs. Over 55% of packaging and labeling activities utilize these inks to maintain print consistency and ensure durable finishes across diverse substrates.
Rising Adoption in Premium Prints
The adaptability of oil-based inks has extended their role in luxury publications, fine art prints, and decorative applications. Close to 35% of high-end print products use these inks for their textured feel and compatibility with high-speed presses, enabling efficiency without compromising quality.
Formulation Innovations Strengthening Value
Continuous advancements have led to quick-drying, low-odor, and high-pigment inks that improve print performance. Nearly 40% of new formulations are designed to minimize drying times while boosting print stability, allowing faster workflows and improved productivity.
Innovation Driving Market Expansion
Advances in pigment dispersion, eco-friendly additives, and printing technology are shaping the industry outlook. Roughly 30% of new technological introductions highlight sustainability features and extended print lifecycles, making oil-based inks a reliable choice in modern printing markets.
Oil-Based Printing Inks Market Recent Developments
- Major providers of printing inks, such as Sun Chemical Corporation, Siegwerk Druckfarben AG & Co. KgaA, TOYO Ink Group, and Sakata INX Corporation are focusing on research & development, merger, joint venture, collaboration, and product innovation strategies.
- In October 2022, INX International showcased its eco-friendly vegetable oil-based inks at the PRINTING United Expo. These inks are considered sustainable alternatives to petroleum-based products.
Oil-Based Printing Inks Market Segment Analysis
In this report, the Oil-Based Printing Inks Market has been segmented by Type, Viscosity, Installation Type, Application and Geography.
Oil-Based Printing Inks Market, Segmentation by Type
The Oil-Based Printing Inks Market has been segmented by Type into Vegetable Oil-Based Printing Inks and Mineral Oil-Based Printing Inks.
Vegetable Oil-Based Printing Inks
Vegetable oil-based printing inks account for nearly 40% of the market share, driven by the growing demand for eco-friendly printing solutions. These inks are widely used in packaging and publishing due to their lower volatile organic compound (VOC) emissions and better biodegradability.
Mineral Oil-Based Printing Inks
Mineral oil-based printing inks contribute around 60% of the market, primarily due to their cost-effectiveness and widespread industrial applications. Despite environmental concerns, they remain popular for high-volume printing in newspapers, magazines, and commercial packaging sectors.
Oil-Based Printing Inks Market, Segmentation by Viscosity
The Oil-Based Printing Inks Market has been segmented by Viscosity into Low Viscosity Inks and Medium Viscosity Inks
Low Viscosity Inks
Low viscosity inks account for nearly 55% of the oil-based printing inks market, favored for their smooth flow and high-speed printing compatibility. They are widely used in newspapers, catalogs, and packaging, where faster drying and reduced ink wastage are critical advantages.
Medium Viscosity Inks
Medium viscosity inks contribute around 45% of the market, providing an ideal balance between print quality and durability. These inks are commonly applied in magazines, labels, and commercial printing, where strong adhesion and better image sharpness are required.
Oil-Based Printing Inks Market, Segmentation by Installation Type
The Oil-Based Printing Inks Market has been segmented by Installation Type into Wall-mounted Transparent Displays and Ceiling-mounted Transparent Displays
Wall-mounted Transparent Displays
Wall-mounted transparent displays represent nearly 60% of the installation segment, favored for their space efficiency and seamless integration into retail and commercial environments. They are widely used in advertising, digital signage, and interactive display systems where visibility and customer engagement are critical.
Ceiling-mounted Transparent Displays
Ceiling-mounted transparent displays account for around 40% of the market, offering a larger viewing area and improved audience reach. These are particularly popular in transportation hubs, exhibitions, and large commercial spaces, where high-impact visuals are essential to enhance user experience.
Oil-Based Printing Inks Market, Segmentation by Application
The Oil-Based Printing Inks Market has been segmented by Application into Marking And Coding, Package Printing and Signage.
Marking and Coding
This segment holds about 35% of the Oil-Based Printing Inks Market, driven by the growing demand in industrial labeling and product identification. The inks ensure adhesion, durability, and long-lasting codes across multiple industries.
Package Printing
Accounting for nearly 45% of the market share, this is the largest application segment. Increasing need for high-quality prints, brand visibility, and customized packaging boosts adoption, especially in food & beverage and consumer goods sectors.
Signage
Contributing around 20% of the market, this segment benefits from applications in advertising displays, outdoor branding, and retail promotion. These inks deliver weather resistance and vivid color quality, ensuring lasting visibility.
Oil-Based Printing Inks Market, Segmentation by Geography
In this report, the Oil-Based Printing Inks Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
Regions and Countries Analyzed in this Report
Oil-Based Printing Inks Market Share (%), by Geographical Region
North America
This region accounts for nearly 30% of the market, supported by strong demand in packaging, publishing, and commercial printing. Advanced printing technologies and adoption of sustainable inks further drive growth.
Europe
Europe holds about 25% share, fueled by strict regulations promoting eco-friendly inks. Rising use in luxury packaging, advertising, and labeling applications strengthens regional demand.
Asia Pacific
Asia Pacific leads the global market with more than 35% share. Rapid growth in China, India, and Southeast Asia is driven by increasing demand in package printing and broader industrial printing applications.
Middle East & Africa
This segment contributes around 5%, with growth supported by expanding advertising, retail sector, and commercial printing. Urbanization is also fueling steady demand for printing solutions.
Latin America
Latin America holds nearly 5% of the market, led by Brazil and Mexico. Demand is concentrated in food & beverage packaging and consumer goods printing, supporting consistent market expansion.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Oil-Based Printing Inks Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Packaging
- Sustainability
- Regulatory standards
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Industrial growth - Industrial growth refers to the expansion and development of various industrial sectors within an economy, often driven by factors such as technological advancements, increasing consumer demand, and infrastructure investments. This growth is pivotal in shaping the demand for products and services across different industries, including the oil-based printing inks market.
Industrial growth fosters demand for packaging solutions across sectors such as food and beverage, pharmaceuticals, and consumer goods. As manufacturing activities expand to meet rising consumer needs, there is a corresponding increase in the requirement for high-quality packaging materials and printing inks. Oil-based printing inks play a crucial role in ensuring packaging integrity, enhancing product appeal, and providing essential information like batch numbers and expiration dates.
Industrial growth contributes to the expansion of advertising and promotional activities. As industries grow, so does the need for effective marketing strategies to promote products and brands. Oil-based printing inks are widely used in signage, banners, posters, and other promotional materials due to their ability to deliver vibrant colors, durability, and visibility. This trend is particularly pronounced in rapidly developing regions where urbanization and rising disposable incomes drive spending on advertising and marketing campaigns.
Restraints
- Environmental concerns
- Volatile raw material prices
- Shift towards digitalization
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Stringent regulations - Stringent regulations refer to laws, standards, and guidelines imposed by governments or regulatory bodies that set strict requirements for various aspects of business operations, including manufacturing, product safety, and environmental impact. These regulations can significantly impact the global oil-based printing inks market in several ways:
Regulations often mandate reductions in volatile organic compound (VOC) emissions and promote the use of eco-friendly materials in manufacturing processes. This push towards sustainability encourages the development and adoption of low-VOC and bio-based oil-based printing inks that have minimal environmental impact.
Regulations may stipulate specific health and safety requirements for chemicals used in printing inks, ensuring they do not pose risks to workers or consumers. Compliance with these standards necessitates rigorous testing, documentation, and sometimes reformulation of ink formulations to meet strict toxicity and safety thresholds.
Opportunities
- Sustainable inks
- Emerging markets
- Digital printing advancements
-
Customization trends - Customization trends in the oil-based printing inks market refer to the growing demand for personalized and tailored printing solutions across various industries. These trends are driven by consumer preferences for unique products, brand differentiation strategies, and advancements in printing technology. Here are key aspects of customization trends in the market:
Brands are increasingly leveraging customization to create unique packaging and promotional materials that resonate with their target audience. Customized packaging with personalized messages, images, or designs helps enhance brand identity and consumer engagement. Oil-based printing inks play a crucial role in achieving vivid colors and high-quality prints that meet the exacting standards of personalized branding.
Advances in digital printing technologies enable variable data printing, allowing for the customization of individual prints with unique information such as names, addresses, or promotional codes. This capability is particularly valuable in direct marketing campaigns and product labeling where each item can be personalized without sacrificing print quality or efficiency.
Competitive Landscape Analysis
Key players in Global Oil-Based Printing Inks Market include;
- Nazdar Ink Technologies
- Van Son Holland Ink Corp.
- Superior Printing Inks
- Flint Group
- Hubergroup
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Viscosity
- Market Snapshot, By Installation Type
- Market Snapshot, By Application
- Market Snapshot, By End User Industry
- Market Snapshot, By Region
- Oil-Based Printing Inks Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Packaging
- Sustainability
- Regulatory standards
- Industrial growth
- Restraints
- Environmental concerns
- Volatile raw material prices
- Shift towards digitalization
- Stringent regulations
- Opportunities
- Sustainable inks
- Emerging markets
- Digital printing advancements
- Customization trends
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Oil-Based Printing Inks Market, By Type, 2021 - 2031 (USD Million)
- Vegetable Oil-Based Printing Inks
- Mineral Oil-Based Printing Inks
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Oil-Based Printing Inks Market, By Viscosity, 2021 - 2031 (USD Million)
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Low Viscosity Inks
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Medium Viscosity Inks
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Oil-Based Printing Inks Market, By Installation Type, 2021 - 2031 (USD Million)
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Wall-mounted Transparent Displays
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Ceiling-mounted Transparent Displays
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- Oil-Based Printing Inks Market, By Application, 2021 - 2031 (USD Million)
- Marking And Coding
- Package Printing
- Signage
- Oil-Based Printing Inks Market, By End User Industry, 2021 - 2031 (USD Million)
- Packaging
- Print Media
- Commercial Printing
- Other
- Oil-Based Printing Inks Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Oil-Based Printing Inks Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Nazdar Ink Technologies
- Van Son Holland Ink Corp.
- Superior Printing Inks
- Flint Group
- Hubergroup
- Company Profiles
- Analyst Views
- Future Outlook of the Market