Global Digital Textile Printing Ink Market Growth 2019-2024

Digital Textile Printing Ink is an ink used in digital inkjet printer, generally; it can be directly applied to the print media in the form of droplets. The main components of the ink are color unit and vectors. Color unit may be a pigment or dye.
The price of digital textile printing ink is also decline in the past five years because of the market impact. Compared to the traditional printing process, the price of this ink is too high. The global grow margin is at about 40%, and after 2014, the grow margin decreased in a certain extent.
There are many manufactures of the digital textile printing ink in the world, the largest company occupy about 15% market share, mainly in the United States and Europe. DuPont and Huntsman stands for the industry's development.
The price of products from USA and EU is higher than product produced in developing Country. The manufactures in China should strengthen technology research and development and produce best Digital Textile Printing Ink product.
Print-Rite and Lanyu have made a significant contribution to the development of Chinese Digital Textile Printing Ink industry. Just like Atexco in the printer manufacturing fields.
At present, the textile printing is still a large number of traditional technology, environmental protection, long design cycle, these shortcomings are increasingly prominent. So it provides a good opportunity for the development of this industry.
It expects that more and more manufactures enter into the digital textile printing ink field, the capacity and the production will be increasing fast, the growth rate is about 15% in the next six years.

According to this study, over the next five years the Digital Textile Printing Ink market will register a 12.5% CAGR in terms of revenue, the global market size will reach US$ 1440 million by 2024, from US$ 710 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Digital Textile Printing Ink business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Textile Printing Ink market by product type, application, key manufacturers and key regions and countries.

This study considers the Digital Textile Printing Ink value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Reactive Dye Inks
Acidic Ink
Paint Ink
Dispersion & Sublimation Ink
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Silk/Wool Textile
Nylon/Chemical Fiber Textile
Cotton Textile
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Dupont
Huntsman
JK Group
Kornit
DyStar
SPGprints
BASF
Jay Chemical
Marabu
Dow Corning
EFI
Sensient
Magna Colours
Anajet
Print-Rite
Lanyu
Hongsam
INKBANK
TrendVision
INKWIN

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Digital Textile Printing Ink consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Digital Textile Printing Ink market by identifying its various subsegments.
Focuses on the key global Digital Textile Printing Ink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Digital Textile Printing Ink with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Digital Textile Printing Ink submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.