my country’s UV ink production is gradually increasing and market competition is fierce

UV ink is the abbreviation of ultraviolet light curing ink. It is one of the subdivided products of ink. It means that under the irradiation of ultraviolet light of different wavelengths, the monomers in the ink binder undergo a cross-linking polymerization reaction and quickly transform from liquid to solid. Complete cured ink. Compared with other types of inks, UV inks have the advantages of good wear resistance, fast curing speed, excellent chemical properties, high adhesion fastness, and a wide range of printing materials.

At present, my country’s UV ink industry chain has basically matured. The upstream of the industrial chain is mainly the raw material industry, providing raw materials such as initiators, pigments, UV resins and related additives; the midstream is mainly the UV ink production industry, responsible for product production, manufacturing and other links; the downstream is mainly oriented to the application field, in packaging and printing , paper labels, printing and publishing and other fields have been widely used.

In recent years, my country’s economic level has gradually improved, and the packaging, printing and other markets have developed rapidly. As a basic material, the market demand for ink has gradually increased. With the gradual advancement of production technology, the types of inks are becoming increasingly rich. Compared with other types of inks, UV inks have the advantages of fast drying, bright colors, good gloss, wear resistance and water resistance, and their market penetration rate is gradually increasing. At this stage, my country’s UV ink preparation technology is gradually improving, the comprehensive performance of products is gradually improving, the application fields are gradually broadening, and the market demand is gradually growing.

According to the “2023-2027 Global UV Ink Industry In-depth Market Research and Key Area Research Report” released by the Industrial Research Center, again Coupled with the gradual implementation of my country’s environmental protection policies, some polluting inks are gradually being eliminated. As a green and environmentally friendly ink, UV ink does not contain volatile organic solvents during the production process and causes almost no environmental pollution. Therefore, UV ink has gradually become a mainstream product in the industry, and market demand has further increased. Against this background, my country’s UV ink companies are gradually expanding production scale, improving production efficiency, and increasing output. From 2018 to 2022, my country’s UV ink production increased from 71,200 tons to 123,700 tons, with an average annual compound growth rate of 12.37%.

Industry analysts said that at this stage, my country’s UV ink market concentration is low, competition is fierce, and a stable competition pattern has not yet been formed. . The largest UV ink companies in my country mainly include Tegu New Materials, Kaihong Fine Chemicals, Zhongyi Ink, Guangxin Photosensitive, Hanghua Ink, Rongda Photosensitive, Shensaier Co., Ltd., Sanqiu Light Materials, etc. In order to seize market share, my country’s large UV ink companies continue to increase investment in research and development, optimize production technology, and greatly improve product quality. Small and medium-sized enterprises, on the other hand, have low independent research and development capabilities, relatively backward production technology, and relatively single product categories. Their market share has gradually shrunk. They may be merged or disappear in the future, and the concentration of the UV ink market is expected to increase.