Atlanta AG (Germany), BASF SE (Germany) are Leading Players in the Ink Additives Market
The global ink additives market size was USD 2.3 billion in 2024 and is projected to reach USD 2.9 billion by 2029, at a CAGR of 5.3% between 2024 and 2029. The rise is attributed to growing applications, ink industry technological developments, and expanding demand from the packaging sector in Asia-Pacific, particularly from China, Vietnam, Indonesia, and India.
The key players following the strategies between 2018 to 2023, Atlanta AG (Germany), BASF SE (Germany), Dow Corning (US), Elementis Plc (US), Evonik Industries (US), Harima Chemicals Group (US). The companies are majorly following product development, investment & expansion, and innovation as the strategy to grow and expand the market.
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Altana AG is a leading global specialty chemicals company headquartered in Wesel, Germany. Altana operates through four business divisions: BYK, ECKART, ELANTAS, and ACTEGA. Each division focuses on specific markets and applications, catering to diverse customer needs. BYK specializes in additives and instruments for the coatings, inks, and plastics industries. ECKART produces metallic effect and pearlescent pigments for coatings, plastics, and printing applications. ELANTAS focuses on electrical insulation materials for the electronics and electrical industries. ACTEGA develops coatings and sealants primarily for packaging and printing applications. These units cater to various industries, including coatings, plastics, adhesives, electronics, and printing. With a presence in over 100 countries, Altana AG boasts a robust global footprint, enhancing its ability to capitalize on diverse market opportunities.
BASF SE is a diversified chemical company that operates through six business segments, namely, chemicals, materials, Industrial Solutions, surface technologies, Nutrition & Care, Agricultural Solutions, and Others. BASF's products include a wide range of plastics, fibers, and pigments, used in various industries such as automotive, construction, and consumer goods. The company has a strong presence in Asia and North America, and its Global Business Services division further supports its operations worldwide. BASF is committed to sustainability and innovation, and has set ambitious goals to reduce its carbon footprint and increase its renewable energy usage. The company has a strong customer base and operates in Europe, North America, APAC, South America, Africa, and the Middle East.
Related Reports:
Ink Additives Market by Type (Rheology Modifiers, Dispersing & Wetting agents, Foam Control Additives), Technology (Solvent-based, Water-based), Process (Lithographic, Gravure), Application (Packaging, Publishing), & Region - Global Forecast to 2029
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