The global UV curable ink market size was US$ 1.1 billion in 2021. The global UV curable ink market size is forecast to reach US$ 4.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 14.68% during the forecast period from 2022 to 2030.

The UV curing process is based on a photochemical reaction in which ultraviolet light is employed to cure or dry inks instead of heat. Monomers, oligomers, pigments, and photoinitiators are among the four components of UV curable inks. The liquid monomers and oligomers are combined with a tiny amount of photoinitiators and then subjected to UV radiation in the UV curing process. UV curable inks have gained widespread acceptance across many industry verticals, including automotive, publishing and printing, and medicals, due to numerous advantages such as time savings, improved print quality, lower energy costs, and environmental benefits due to solvent-free technology.

Factors Influencing Market Growth
Rising demand for UV curable ink in several printing applications due to superior features, such as low volatile organic compound content, decreased drying time, and high bonding qualities, drive the global market.
Technical advances in the field have reduced the chance of fading, bubble formations, and de-lamination fueling the global market growth.
The advantages of UV curable ink, such as its bio-compatible properties, low pollutant emission, low energy usage essential for product manufacturing, and waste removal, are forecast to offer lucrative growth opportunities for the global market during the forecast period.
Fluctuation in raw material costs may slow down the overall market growth.

Impact Analysis of COVID-19
The COVID-19 pandemic had a negative impact on the global UV curable ink market. Several governments worldwide imposed a lockdown in order to curb the spread of the deadly virus. This led to a prohibition on imports and exports, disrupting the supply chain and slowing the growth of the UV curable inks industry. UV curable inks faced price fluctuations during COVID-19. Automobiles, consumer products, and publication & printing had lower demand for UV curable inks at COVID-19. Due to the lockout, many industries had to close, resulting in a decrease in demand for UV curable inks materials in 2020.

Regional Insights
Europe garnered the major market share in 2021 and is forecast to remain dominant during the forecast period. As a result of the growing demand for 3D printing and increasing environmental awareness among the population.

The Asia Pacific region is forecast to have lucrative growth during the forecast period. As a result of the existence of many electronics manufacturers. These electronics manufacturers are likely to increase demand for UV curable inks by manufacturing analog and digital semiconductor technologies.

Leading Competitors
The leading prominent companies profiled in the global UV cured inks market are:
Hewlett-Packard Company
Leibinger Group
RUCO Druckfarben
APV Engineered Coatings
Eastern Marking Machine Corporation
Flint Group
Toyo Ink SC Holdings Co., Limited
Gans Ink & Supply Co.
T&K Toka Corporation
Nutec Digital Ink Pvt. Limited
Other Prominent Players

Scope of the Report
The global UV cured inks market segmentation focuses on Product Type, End-Use, and Region.
Segmentation based on Product Type
Free radical
Cationic
Segmentation based on End-Use
Automobile
Consumer goods
Medical
Publications and printing
Others
Segmentation based on Region
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

Meta Title: UV Cured Inks Market Size, Share, Insight and Forecast 2022 To 2030
Meta Description: Global UV Cured Inks Market is projected to reach US$ 4.5 billion by end of 2030 from US$ 1.1 billion in 2021, at a CAGR of 14.68%
Meta Keywords: UV cured inks market Size, UV cured inks market share, UV cured inks market trend, UV cured inks market Forecast, UV cured inks market insight