Ink Resins Market
By Resin Type;
Modified Rosin, Hydrocarbon, Modified Cellulose, Acrylic, Polyamide, Polyurethane and OthersBy Technology;
Oil-Based, Solvent-Based, Water-Based and UV-Curable-BasedBy Printing Process;
Lithography, Gravure, Flexography and OthersBy Application;
Printing & Publication, Flexible Packaging, Corrugated Cardboard & Cartons and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Ink Resins Market Overview
Ink Resins Market (USD Million)
Ink Resins Market was valued at USD 2,958.38 million in the year 2024. The size of this market is expected to increase to USD 4,627.58 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.
Ink Resins Market
*Market size in USD million
CAGR 6.6 %
| Study Period | 2025 - 2031 | 
|---|---|
| Base Year | 2024 | 
| CAGR (%) | 6.6 % | 
| Market Size (2024) | USD 2,958.38 Million | 
| Market Size (2031) | USD 4,627.58 Million | 
| Market Concentration | Medium | 
| Report Pages | 395 | 
Major Players
- Allnex Netherlands BV
 - Arakawa Chemical Industries Co. Ltd.
 - BASF SE
 - DIC Corp.
 - Dow Inc.
 - Evonik Industries AG
 - Harima Chemicals Group Inc.
 - Hydrite Chemical Co.
 - INDULOR Chemie GmbH
 - Koninklijke DSM NV
 
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Ink Resins Market
Fragmented - Highly competitive market without dominant players
The Ink Resins Market is a cornerstone of the printing industry, delivering essential properties such as adhesion, gloss, and long-term durability. These resins account for over 60% of modern ink formulations, underlining their critical role in ensuring print performance across diverse applications.
Market Growth Drivers
The rising adoption of sustainable and low-emission ink solutions has become a major growth factor. Around 45% of the market’s momentum is tied to demand for water-based and eco-friendly alternatives, a trend reinforced by tightening global environmental standards and heightened consumer awareness.
Key Functional Benefits
Ink resins enhance print clarity, chemical resistance, and drying efficiency, making them vital for industries such as packaging and digital printing. An estimated 55% of businesses prioritize resin-based formulations to achieve sharper quality and long-lasting print results in a competitive marketplace.
Future Outlook
With over 50% of demand driven by packaging applications, the market outlook remains strong. The focus on high-performance, eco-conscious, and cost-efficient resins ensures continued growth, while ongoing innovations position ink resins as a core driver of printing technology advancements.
Ink Resins Market Key Takeaways
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The global Ink Resins Market is growing steadily, driven by rising demand for packaging inks and increasing consumption of printed materials across industries.
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Expansion of the flexographic and gravure printing sectors is significantly boosting the use of high-performance ink resins worldwide.
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Growing preference for eco-friendly and low-VOC resins is encouraging manufacturers to develop sustainable formulations.
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Asia Pacific dominates the market due to rapid growth in the packaging and labeling industries, especially in China and India.
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North America and Europe are witnessing stable demand, driven by technological advancements in digital printing and sustainable ink solutions.
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Key players are focusing on product innovation, strategic collaborations, and expansion into emerging markets to strengthen their global presence.
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Future trends include increasing adoption of bio-based resins, development of UV-curable formulations, and enhanced performance for high-speed printing applications.
 
Ink Resins Market Recent Developments
- In October 2021, Eastman Chemical Company announced a definitive agreement with Synthomer PLC for the sale of its adhesive resins business and related assets. The all-cash transaction aims to streamline Eastman’s portfolio while enabling Synthomer to strengthen its position in the specialty chemicals and adhesives market.
 - In March 2022, advancements in printing technologies highlighted the use of oil-based, solvent-based, water-based and UV-curable formulations. These innovations support multiple printing processes such as lithography, gravure, flexography and other specialized techniques, improving print quality and production efficiency across industries.
 
Ink Resins Market Segment Analysis
In this report, the Ink Resins Market has been segmented by Resin Type, Technology, Printing Process, Application and Geography.
Ink Resins Market, Segmentation by Resin Type
The market by resin type reflects how formulators balance printability, adhesion, and regulatory compliance across diverse substrates. Buyers prioritize low-VOC chemistries, fast curing, and compatibility with water- and UV-based systems to support sustainability and productivity goals. Suppliers focus on innovation in polymer architecture, controlled molecular weight, and crosslink density to unlock better gloss, rub resistance, and chemical resistance for packaging and publication workflows.
Modified RosinModified rosin resins remain workhorses in publication and packaging inks due to their tack control, good solubility, and cost-effectiveness. Upgrades in resin modification and stabilization target improved oxidative stability and lower odor, aligning with food packaging expectations. Vendors increasingly position rosin hybrids with acrylic or phenolic domains to enhance heat resistance and maintain press-side consistency across speeds.
HydrocarbonHydrocarbon resins are valued for strong gloss and adhesion on films and papers, especially in gravure and flexographic systems. Producers are advancing hydrogenated grades for better color stability and compatibility in low-aromatic and water-reducible formulations. Strategic moves include investments in feedstock flexibility and regional capacity to mitigate volatility in petrochemical chains.
Modified CelluloseModified cellulose resins appeal to converters seeking renewable content, low odor, and excellent film-forming in water-based inks. They offer balanced rheology and resolubility that supports long print runs with minimal downtime. Suppliers differentiate through grades tailored for high-speed flexo, optimizing viscosity profiles and improving wet rub while keeping compliance with packaging standards.
AcrylicAcrylic resins dominate growth conversations for their versatile adhesion, clarity, and compatibility with water-based and UV systems. They enable faster curing, lower VOC footprints, and excellent resistance properties on films used in labels and flexible packaging. Innovation centers on specialty copolymers and self-crosslinking designs that boost block resistance and maintain print density under aggressive converting conditions.
PolyamidePolyamide resins are favored in flexographic and gravure inks for superior adhesion to polyolefin films and strong abrasion resistance. Low-amine and alcohol-soluble variants align with regulatory needs while improving clarity and bond strength in lamination structures. Suppliers pursue bio-based polyamide pathways and high-solid formulations to serve converters targeting faster drying and reduced emissions.
PolyurethanePolyurethane resins deliver premium flexibility, chemical resistance, and lamination bond durability, making them a top choice for high-performance packaging inks. Two-component and UV-curable PU hybrids support high-speed lines and retortable structures. Market strategies emphasize migration-safe design and tailored isocyanate chemistry to meet stringent food-contact requirements while retaining excellent print quality.
OthersThis category includes specialty chemistries such as epoxy, epoxy ester, and novel hybrid systems engineered for niche substrate or regulatory demands. Adoption is guided by needs for extreme heat resistance, unique wetting behavior, or compatibility with emerging curing technologies. Suppliers use targeted application development and co-innovation with printers to justify premium positioning.
Ink Resins Market, Segmentation by Technology
Technology choices reflect trade-offs among curing speed, environmental profile, and total cost of ownership. Converters pivot toward water-based and UV-curable options to satisfy brand-owner sustainability goals while safeguarding print fidelity and throughput. Resin developers tailor polarity, molecular weight, and crosslinking to ensure resolubility, stability, and press efficiency across lines.
Oil-BasedOil-based systems retain relevance in specific publication and packaging niches for their familiar rheology and robust laydown. The key challenge is aligning with VOC and odor limits while preserving gloss and drying characteristics. Upgrades focus on modified vehicles and low-aromatic diluents to extend lifecycle value on legacy equipment.
Solvent-BasedSolvent-based inks offer fast drying, broad substrate compatibility, and excellent adhesion, especially for high-speed gravure and flexo. Market pressure centers on emission control, solvent recovery, and compliance with evolving regulations. Resin suppliers provide higher-solids and low-odor solutions to balance performance with environmental targets.
Water-BasedWater-based technologies gain share on the strength of low VOC, safer handling, and compatibility with paper and many films. Advances in acrylic and cellulose-based resins enhance wet adhesion, resolubility, and print density at speed, supporting e-commerce packaging growth. Partnerships between resin producers and press OEMs target optimized drying energy and consistent tone reproduction.
UV-Curable-BasedUV-curable systems deliver near-instant curing, high gloss, and strong chemical resistance with minimal emissions. Resin innovation revolves around oligomer design, low-migration photoinitiator packages, and improved flexibility for labels and shrink sleeves. Adoption benefits from productivity gains and footprint reduction, while stakeholders manage photoinitiator and light-source compatibility requirements.
Ink Resins Market, Segmentation by Printing Process
Printing process dynamics link directly to resin selection, because each process stresses viscosity control, transfer, and drying/curing differently. Flexo and gravure prioritize speed, film adhesion, and solvent or water balance, whereas lithography emphasizes tack, emulsification, and set. Suppliers co-develop grade families with OEMs and converters to stabilize print quality across substrates and climates.
LithographyFor litho inks, resin systems must manage water-ink balance, deliver clean dot reproduction, and ensure controlled set/dry. Modified rosin and specialty acrylics help achieve desired tack and rub resistance in cold-set and heat-set applications. Product strategies include emulsification-stable vehicles and low-mist formulations that protect press rooms and reduce waste.
GravureGravure printing demands resins with excellent flow, leveling, and high-speed drying to support continuous runs. Hydrocarbon, polyamide, and polyurethane backbones are tuned for film adhesion, gloss, and solvent release. Vendors emphasize consistent viscosity over long campaigns and compatibility with solvent-recovery systems to improve economics.
FlexographyFlexographic processes benefit from resins providing balanced elasticity, resolubility, and transfer across anilox conditions. Water-based acrylics and UV-curable hybrids enable crisp halftones on papers and films while safeguarding low-odor needs. Growth stems from labels and flexible packaging, where fast changeovers and consistent densities reduce downtime.
OthersThis segment covers specialty or hybrid processes, including screen or inkjet-compatible systems requiring tailored rheology and surface energy control. Resin suppliers address niche adhesion and chemical resistance demands on engineered films. Co-development with printhead and coating vendors underpins reliable jetting and film formation at scale.
Ink Resins Market, Segmentation by Application
Application trends mirror substrate shifts toward lightweighting, recyclability, and food-contact safety. Growth concentrates in flexible packaging and labels, while publication segments optimize cost and press utilization. Resin portfolios evolve to meet migration limits, lamination bond strength, and durability through distribution and e-commerce.
Printing & PublicationPublication uses rely on resins with tuned tack, set time, and emulsification behavior to secure sharp text and low rub-off. Suppliers modernize vehicles to reduce VOC and meet newsroom and retail standards for odor and safety. Stabilized color and gloss retention across long runs supports predictable inventory and consistent reader experience.
Flexible PackagingFlexible packaging prioritizes adhesion to polyolefins, high lamination bond, and resistance to heat and chemicals. Polyurethane, acrylic, and polyamide resins enable fast drying or UV curing with low migration to serve food and personal care brands. Innovation centers on recyclable structures and high-speed processing without sacrificing color strength.
Corrugated Cardboard & CartonsCorrugated and folding carton applications leverage water-based acrylic and cellulose-modified resins for solid coverage, stacking strength retention, and low odor. Formulators target improved fiber penetration, reduced wash-up time, and compatibility with high-BCM anilox rolls. The segment benefits from e-commerce growth and brand differentiation via vivid graphics and protective overprints.
OthersOther applications include labels, specialty packaging, and niche industrial prints requiring unique substrate wetting or durability. Resin choices are driven by regulatory nuances and process integration with downstream converting. Suppliers partner with converters to tune rheology, cure, and film properties for differentiated performance.
Ink Resins Market, Segmentation by Geography
In this report, the Ink Resins Market has been segmented by Geography into five regions: North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
North America emphasizes low-VOC and food-contact compliance, supporting transitions to water-based and UV-curable resin systems in labels and packaging. Brand owners push for recyclability and higher press productivity, prompting adoption of premium acrylic and polyurethane chemistries. Partnerships between resin producers, converters, and retailers accelerate qualification cycles and ensure consistent supply reliability.
EuropeEurope leads on regulatory stringency and sustainability, with strong momentum toward low-migration and renewable content in packaging inks. Investments in UV and energy-curable systems pair with circular economy targets, encouraging resin innovations that enhance de-inkability and compatibility with recycling streams. Collaboration across converters and brand owners shapes specifications that reward performance and compliance together.
Asia PacificAsia Pacific accounts for rising packaging volumes, supported by expanding consumer goods sectors and regional converting capacity. Resin demand tilts toward cost-performance balance, with growing adoption of advanced acrylics, polyamides, and polyurethanes for film applications. Localized manufacturing and supply chain integration help mitigate feedstock volatility while meeting evolving quality standards.
Middle East & AfricaMiddle East & Africa shows steady uptake of flexo and gravure solutions for food and industrial packaging as regional printing infrastructure matures. Buyers prioritize durable adhesion, chemical resistance, and reliable curing under varied climatic conditions. Strategic distribution partnerships and technical service underpin resin selection and improve press uptime for converters.
Latin AmericaLatin America advances with growing brand investment in flexible packaging and labels, favoring water-based and modern solvent-based systems. Converters seek resins that maintain color strength and bond durability while controlling total applied cost. Regionalization of supply and application support enhances responsiveness, enabling faster qualification and quality consistency across plants.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Ink Resins Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing Packaging Demand
 - Technological Advancements
 - Eco-Friendly Regulations
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Increasing Printing Needs- Increasing Printing Needs is a significant driver in the Global Ink Resins Market, fueled by the expanding demand for diverse and high-quality printed materials across various industries. As consumer preferences shift towards more customized and visually appealing products, there is a growing requirement for advanced printing technologies that can deliver high performance and durability. This includes applications in packaging, advertising, textiles, and labels, where the demand for vibrant colors, precise graphics, and long-lasting prints continues to rise. Ink resins play a crucial role in meeting these needs by enhancing the quality and functionality of inks used in these diverse applications.
Furthermore, the proliferation of e-commerce and digital media has amplified the need for efficient and versatile printing solutions. With businesses and brands focusing on creating impactful and engaging marketing materials, the demand for specialized ink resins that offer superior adhesion, color consistency, and resistance to environmental factors is increasing. The expansion of digital and flexible printing technologies also drives innovation in resin formulations, as manufacturers seek to adapt to new printing methods and substrate requirements. As a result, the continuous evolution of printing needs contributes to the growing significance and development of advanced ink resins in the market.
 
Restraints:
- Raw Material Costs
 - Environmental Regulations
 - Market Saturation
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Economic Uncertainties- Economic Uncertainties pose a significant restraint on the Global Ink Resins Market, affecting both production and consumption within the industry. Fluctuations in economic conditions can lead to instability in raw material prices, impacting the cost of ink resins and potentially squeezing profit margins for manufacturers. Economic downturns or instability can also result in reduced spending on printing and packaging, as businesses may cut back on marketing budgets or delay investments in new technologies. This unpredictability can hinder the market's growth and affect the overall stability of ink resin suppliers and consumers alike.
Moreover, economic uncertainties can influence consumer and business confidence, leading to cautious spending and investment decisions. In times of economic instability, industries reliant on printing, such as packaging and publishing, may experience decreased demand or shifts in market priorities, affecting the demand for ink resins. Companies may also face challenges in securing financing for expansion or innovation projects, further constraining their ability to invest in new resin technologies or adapt to changing market conditions. This restraint underscores the need for resilience and adaptability in the ink resins market amid fluctuating economic environments.
 
Opportunities:
- Sustainable Resin Development
 - Emerging Markets Growth
 - Digital Printing Expansion
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Innovative Applications Development- Innovative Applications Development presents a key opportunity in the Global Ink Resins Market, driving the creation of new and advanced resin formulations tailored to emerging needs and technologies. As industries explore novel uses for printed materials, the demand for specialized ink resins that can perform under unique conditions or deliver enhanced functionalities is increasing. For instance, developments in smart packaging, which integrates technologies like QR codes or NFC tags, require advanced resins that support these features while maintaining print quality and durability. The ability to develop resins for such innovative applications opens new markets and revenue streams for resin manufacturers.
Additionally, the rise of personalized and on-demand printing services drives the need for versatile and high-performance ink resins. Innovations in areas like 3D printing, functional textiles, and electronics printing require resins that offer specific properties, such as flexibility, conductivity, or temperature resistance. This expanding range of applications encourages ongoing research and development in resin technologies, fostering innovation and keeping pace with the evolving demands of various industries. By focusing on these cutting-edge applications, resin manufacturers can stay competitive and meet the growing expectations of customers seeking advanced and customized printing solutions.
 
Ink Resins Market Competitive Landscape Analysis
Ultracapacitor Market analysis highlights the evolving competition within the Ink Resins Market, where leading companies are focusing on strategic collaboration, targeted merger activities, and dynamic partnerships. Market leaders emphasize innovation to secure sustainable growth, while balancing brand differentiation and regional influence to stay competitive across diverse applications and expanding industries.
Market Structure and ConcentrationThe Ink Resins Market is moderately fragmented, with top players collectively holding more than 40–50% share. Competitive strategies include deeper collaboration with end-use industries and consistent investments in technological advancements. Emerging participants aim to disrupt concentration by leveraging niche innovation, while established players consolidate through merger and partnerships to strengthen long-term positioning.
Brand and Channel Strategies
In the Ink Resins Market, companies implement tailored strategies across distribution networks and direct supply models, balancing offline and online channels. Brand differentiation emphasizes innovation in eco-friendly formulations and cost efficiency. Strategic collaboration with printers and packaging firms supports stronger visibility, while partnerships with regional suppliers ensure consistent supply, reinforcing market expansion.
Innovation Drivers and Technological Advancements
Technological shifts shape the Ink Resins Market, with firms prioritizing innovation in bio-based resins, energy efficiency, and performance enhancement. More than 35–45% of competitive edge arises from R&D-focused strategies. Ongoing collaboration with chemical research institutes accelerates progress, while strategic merger initiatives aim to integrate next-gen technological advancements across diversified end-use sectors.
Regional Momentum and Expansion
The Ink Resins Market reflects strong regional growth momentum, with Asia-Pacific commanding nearly 45–55% share, driven by rising expansion of packaging and printing sectors. Companies adopt localized strategies and partnerships to strengthen supply chains. Regional innovation hubs accelerate competitiveness, while collaborative merger activities broaden access to key economies, enhancing influence in diversified regional bases.
Future Outlook
Looking ahead, the Ink Resins Market is expected to witness dynamic growth through sustainability-driven innovation, digital printing adoption, and advanced technological advancements. Firms will increasingly align strategies with circular economy models and environmentally conscious expansion. Long-term competitiveness will be defined by consistent collaboration and targeted partnerships that enhance adaptability to shifting industrial priorities.
Key players in Ink Resins Market include:
- Allnex Netherlands BV
 - Arakawa Chemical Industries Co. Ltd.
 - BASF SE
 - DIC Corp.
 - Dow Inc.
 - Evonik Industries AG
 - Harima Chemicals Group Inc.
 - Hydrite Chemical Co.
 - INDULOR Chemie GmbH
 - Koninklijke DSM NV
 
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 Resin Type
 - Market Snapshot, By Technology
 - Market Snapshot, By Printing Process
 - Market Snapshot, By Application
 - Market Snapshot, By Region
 
 - Ink Resins Market Dynamics 
- Drivers, Restraints and Opportunities 
- Drivers 
- Growing Packaging Demand
 - Technological Advancements
 - Eco-Friendly Regulations
 - Increasing Printing Needs
 
 - Restraints 
- Raw Material Costs
 - Environmental Regulations
 - Market Saturation
 - Economic Uncertainties
 
 - Opportunities 
- Sustainable Resin Development
 - Emerging Markets Growth
 - Digital Printing Expansion
 - Innovative Applications Development
 
 
 - Drivers 
 - PEST Analysis 
- Political Analysis
 - Economic Analysis
 - Social Analysis
 - Technological Analysis
 
 - Porter's Analysis 
- Bargaining Power of Suppliers
 - Bragaining Power of Buyers
 - Threat of Substitutes
 - Threat of New Entrants
 - Industry Rivalry
 
 
 - Drivers, Restraints and Opportunities 
 - Market Segmentation 
- Ink Resins Market, By Resin Type, 2021 - 2031 (USD Million) 
- Modified Rosin
 - Hydrocarbon
 - Modified Cellulose
 - Acrylic
 - Polyamide
 - Polyurethane
 - Others
 
 - Ink Resins Market, By Technology, 2021 - 2031 (USD Million) 
- Oil-Based
 - Solvent-Based
 - Water-Based
 - UV-Curable-Based
 
 - Ink Resins Market, By Printing Process, 2021 - 2031 (USD Million) 
- Lithography
 - Gravure
 - Flexography
 - Others
 
 - Ink Resins Market, By Application, 2021 - 2031 (USD Million) 
- Printing & Publication
 - Flexible Packaging
 - Corrugated Cardboard & Cartons
 - Others
 
 - Ink Resins 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 
 
 - Ink Resins Market, By Resin Type, 2021 - 2031 (USD Million) 
 - Competitive Landscape 
- Company Profiles 
- Allnex Netherlands BV
 - Arakawa Chemical Industries Co. Ltd.
 - BASF SE
 - DIC Corp.
 - Dow Inc.
 - Evonik Industries AG
 - Harima Chemicals Group Inc.
 - Hydrite Chemical Co.
 - INDULOR Chemie GmbH
 - Koninklijke DSM N
 
 
 - Company Profiles 
 - Analyst Views
 - Future Outlook of the Market
 

