Recently, Liu Keqian, deputy secretary-general of the Printing Materials Sub-committee of China Printing and Equipment Equipment Industry Association, interviewed by media reporters, made a market forecast for China's demand for printing inks. He said that with the rapid and steady development of China's national economy, a variety of high-end packaging printing, bill printing, document printing, securities printing, banknote printing, etc. have rapidly expanded. At the same time, as people’s awareness of environmental protection has increased, special security inks, The market demand for special inks and various environmentally friendly inks is on the rise as a whole.
Liu Keqian said that by the end of this year, China’s printing ink consumption will reach about 300,000 tons. In 2004, China had more than 300 professional ink production enterprises, more than 20,000 employees, and the annual ink production capacity reached more than 250,000 tons, second only to the United States, Japan and Germany.
Liu Keqian said that in recent years, offset printing inks still occupy a dominant position in the market, and their share is generally more than 50%. Among them, the growth rate of web offset printing presses for news publishing and printing will be faster; the overall market demand for gravure printing inks will remain stable. The demand for plastic printing inks, food packaging printing inks, and water-based inks will increase; the demand for letterpress printing inks will drop significantly, but flexographic printing inks will increase with the rapid growth of the packaging industry. The proportion will increase significantly; the demand for the screen printing ink market will also increase.
