my country’s ink types are gradually enriched and the market size is gradually expanding.

Ink is a viscous colloidal fluid composed of colorants, binders, additives, etc., which are mixed and rolled repeatedly. Ink can present text and patterns on substrates through printing or inkjet printing, and is often used to print books, architectural decorations, electronic circuit boards, etc. The ink has the characteristics of bright colors, strong adhesion, and chemical stability. It can withstand the effects of friction, water washing, and ultraviolet irradiation within a certain range, allowing the printed matter to remain beautiful.

With the gradual advancement of production technology, the types of inks are becoming increasingly rich, and there are multiple classification methods according to different classification standards. According to different solvent types, inks can be divided into water-based inks, solvent-free inks, benzophenone-containing solvent inks, ester solvent inks, etc.; according to different drying methods, inks can be divided into UV-cured inks, volatile drying inks, and thermal curing inks. Drying ink, oxidized conjunctival drying ink, etc.; according to different application fields, inks can be divided into printing industry inks and electronic industry inks. Among them, inks in the printing industry can be subdivided into offset inks, gravure inks, screen printing inks, flexo inks and special inks, etc. Electronic inks can be subdivided into PCB inks and special functional inks.

At present, my country’s ink industry chain has basically matured. The upstream of the industrial chain is mainly the raw material industry, providing crude oil, resin, photoinitiators, related solvents and other raw materials; the midstream is mainly the ink production industry, providing the production and manufacturing of different types of inks; the downstream is mainly oriented to application fields, mostly used in Printing, consumer electronics and other fields.

In recent years, my country’s science and technology have gradually progressed, printing materials have been continuously developed, and printing processes and equipment have also been greatly improved. Coupled with the gradual improvement of my country’s economic level and the rapid development of books, packaging and other fields, the market demand for printed matter continues to grow. Against this background, the total output value of my country’s printing industry has gradually increased. In 2022, the total output value of my country’s printing industry will be 770.02 billion yuan, an increase of 18.34 billion yuan compared with 2021. As a basic printing material, ink is closely related to the printing industry, and its market is gradually expanding.

According to the “China Ink Industry Segment Demand and Development Opportunities Research Report 2023-2028” released by the Industrial Research Center, currently In this stage, my country’s ink production technology has gradually improved, product types have increased, and they have been widely used in the printing market, and the market demand has been relatively stable. As my country’s environmental protection requirements become increasingly strict, green environmentally friendly inks have gradually replaced traditional inks and become the mainstream products in the industry, and market demand has gradually increased. Against this background, my country’s ink manufacturers have gradually expanded their production scale, improved production efficiency, and gradually increased their output. In 2022, my country’s ink production will be 884,000 tons, a year-on-year increase of 4.6%.

Industry analysts said that at present, the largest ink companies in my country mainly include Bauhinia Ink, Tianlong Ink, Hanghua Ink, Tiannu Chemical, Yongzai Chemical, Dudan Ink, Letong Chemical, New Oriental New Materials, etc. In addition, there are still a large number of small and medium-sized enterprises in my country’s ink market. These enterprises have small industrial scales, relatively single product categories, and insufficient market competition. As my country’s large enterprises gradually expand, the market share of small and medium-sized ink enterprises continues to shrink. They will disappear or be merged in the future, and market concentration is expected to increase.