Vegetable oil ink is a green ink, and soybean ink is its representative product.

Vegetable oil ink, also known as vegetable oil-based ink, refers to inks containing vegetable oil ingredients such as linseed oil, sunflower oil, cottonseed oil, soybean oil, etc. Compared with traditional inks, vegetable oil inks have the advantages of being green and environmentally friendly, containing a fresh fragrance, being light-resistant, not causing frictional electrification, being resistant to high temperatures, and using less amount. They have broad application prospects in the printing field.

Soy ink is a representative product in the vegetable oil ink market. It is made of soybean oil as the main base material. It has the advantages of rich colors, renewable, easy deinking, and anti-emulsification, and has a wide range of applications. In the early stages of industry development, due to factors such as high technical barriers and high production costs, the penetration rate of my country’s soybean ink market was extremely low, less than 1%. In recent years, with the gradual implementation of national environmental protection policies and the improvement of the technological maturity of local enterprises, the production cost of soybean ink in my country has been reduced, and its market share has increased.

According to the “2023-2028 China Vegetable Oil Ink Industry Market In-depth Research and Development Prospect Forecast Report released by the Industrial Research Center, vegetable oil The main ingredients of ink include linseed oil, sunflower oil, cottonseed oil, soybean oil and other vegetable oils. my country is the world’s largest vegetable oil consumer, accounting for nearly 20% of the global market. However, at present, my country’s vegetable oil self-sufficiency rate is low, and the output cannot meet the production demand for vegetable oil ink. According to statistics from the General Administration of Customs of China, my country’s vegetable oil imports will reach 8.304 million tons in 2022. Affected by factors such as insufficient supply of raw materials, my country’s vegetable oil ink production capacity is low and output growth is slow.

Vegetable oil ink has excellent performance and has broad application prospects in the printing field. In January 2022, the State Council issued the “Comprehensive Plan for Energy Conservation and Emission Reduction during the 14th Five-Year Plan”. The document clearly stated that volatile organic compound pollution should be controlled and inks with low volatile organic compound content should be used. With the support of national policies, the development of my country’s green ink industry is accelerating. As a representative product of green ink, vegetable oil ink will have further growth in market demand.

The global vegetable oil ink market is mainly concentrated in Europe, the United States and Japan. Representative companies include Siegwerk of Germany, SAKATA of Japan, Toyo Ink of Japan, etc. my country’s vegetable oil ink industry started late, and there is a certain gap in technology level compared with overseas developed countries. The main production companies include Hanghua Co., Ltd., Letong Co., Ltd., Huada Ink, Yangfan New Materials, etc.

Industry analysts said that vegetable oil ink, as a green and environmentally friendly ink, has excellent performance and has broad application prospects in the printing field. At present, my country’s vegetable oil ink industry is developing slowly due to factors such as high technical barriers and high production costs. It is expected that in the future, as the technological maturity of local enterprises increases, my country’s vegetable oil ink production capacity and output will continue to increase.