Big Picture - November/December 2012 - (Page 16)
By Mike Antoniak
As the market for wide-format digital graphics expands, print service providers look to ink producers for products that are more versatile and environmentally friendly without compromising color or durability. OEM suppliers, their partners and aftermarket ink makers are responding in kind, evident in refinements in eco-solvent inks and newer technologies like latex inks and LED-cured UV inks. “It’s all about expanding applications for print service providers,” says Marco Boer, vice president of industry consultants I.T. Strategies (it-strategies.com). “Which ink will win? It really comes down to user preferences, and what you’re selling.” Earlier this year, I.T. Strategies 16
THE BIG PICTURE NOVEMBER/DECEMBER 2012
released its projections for the global inkjet market through 2016, reflecting trends in print production over the next five years. The research estimates consumption of aqueous ink in wide-format printing will rise just one percent through 2016. The real growth will be in the newer ink technologies: Consumption of latex and eco-solvent inks for wide-format printing, for example, is expected to climb 16 percent in that same time frame, while growth of UV-cured inks for wide-format graphics is expected to increase six percent, I.T. Strategies predicts. Total revenue from eco-solvent and latex inks is projected to climb sharply, from $1.15 billion to $1.90 billion, while revenue from UV-curable inks
will grow more moderately, from an estimated $324 million today to $362 million, reports I.T. Strategies. And while those numbers might not mean much to the average print service provider, these should: Barring any disruptive economic development on world markets, I.T. Strategies projects the price of aqueous, eco-solvent, and latex inks should fall one percent over the next five years, while the price of UV-curable inks will drop two percent. That’s the broad picture. For company perspectives, we touched base with several industry suppliers of inks used in the wide-format arena, asking them to address topics including pricing, quality challenges, new trends and developments, and more.
http://www.it-strategies.com
http://www.it-strategies.com
Table of Contents for the Digital Edition of Big Picture - November/December 2012
Big Picture - November/December 2012
Contents
InSight
Wide Angle
UpFront
Business & Management
Ink Report: 2012
Maxing Out Visibility
Dare to Digitize
R+D
Job Log
Big Picture - November/December 2012
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