Ink resins are transparent amorphous organic substances found in plant secretions and soluble in organic solvents like ether except for water and are used to produce inks with additives, solvents, and pigments. According to BlueQuark Research & Consulting, the Global Ink resins market is expected to witness a significant growth rate during the forecasted period. Factors such as the increasing demand for the printing and packaging industry are anticipated to drive the global Ink Resins Market growth in the forecasted period. Further, the surging demand for ink resins such as acrylic, polyurethane, polyamide, modified rosin, and others in applications of corrugated boards, printing & publication, and other sectors is predicted to drive the demand for ink resins market in the forecasted period. Furthermore, the switch from traditional shopping to the internet and screen-based marketing derail the growth of the ink resins market in the forecasted period. However, rising demand for e-books, strict environmental regulations against VOC, and price growth of ink resin feedstock hinder the global market growth.

Ink resins are extensively used in the production of inks utilized in printing and publishing, as well as in printing paper boards and cartons and flexible packaging.

The flexible packaging fragment is projected to gain a higher global market share during the forecast period. Packaging has become an essential part of the product lifecycle and has outgrown its traditional use related to protection. Ink resins are extensively used in the packaging sector due to the surge in consumer spending, online shopping, and the need for processed and packaged foods and beverages. The shift of consumer priority toward packaged food and retailed products, as well as the demand to maintain proper brand sentiment among consumers toward the development, is expected to fuel the demand for higher-quality printing inks. The rising supply of raw materials for ink resins, increase in the packaging industry and energy-curable inks, long-term planned partnerships of ink resin suppliers with ink producers, environmental protection legislation, and ink resin technologies are the main factors providing to the growth of the Ink Resins Market. Resins are crucial to ink formulation, providing essential characteristics to inks. They impart many critical attributes of a finished ink, including gloss and adhesion. Packaging has become an important part of the product lifecycle and has outgrown its conventional usage related to protection. The increasing trend of packaging owing to online shopping and packaged food & beverages is predicted to boost the global market for ink resins. UV-curable inks in the packaging industry are increasing due to the introduction of low-migration inks that support the ongoing global and regional rules and regulations. UV-cured inks exhibit advantages such as a high level of product resistance, flexibility to accommodate various sizes, a variety of print jobs, and ease of usage. They are cured and adhered to the substrate by UV radiation, and they get dried quickly, permitting a short delivery time. Also, UV-curable ink can be printed on non-absorbent materials such as plastic, metal, and glass. Thus, all these characteristics of UV-curable ink technology make it a preferred choice over the other ink technologies driving its segmental growth.

Asia Pacific is awaited to hold a significant share of the ink resins market, accompanied by North America and Europe, during the forecast period. This can be attributed to intense competition and the availability of higher production capacity of ink resins in the Asia Pacific. China accounted for a significant share of the region's demand and production of ink resins. Regular research and development activities and innovation by resin manufacturers generate various opportunities for the market. The need for Ink Resins such as acrylic, polyurethane, polyamide, modified rosin, and others for printing & publication is estimated to generate opportunities for the Ink Resins Market in the forecasted period. Printing ink producers utilize ink resins as raw material to manufacture printing ink with good characteristics, including viscosity, gloss, high solid content, and enhanced pigment wetting. Modified rosins offer several advantages, such as easy availability, low prices, and product awareness. Rosin for gum is used to produce modified rosin, an ink resin used in printing inks as a crude material. Acrylic resin coatings, also called acrylic radiation coatings, are usually thermosetting or thermoplastic resin coatings developed using copolymerizing acrylic resin with methyl acrylate, styrene, and other acrylates as the primary body. The resin exhibits good light and color retention and water and chemical resistance. It can also dry quickly, be easily constructed, and be repainted and reworked. Polyurethane resin is a polymer with repeating structural units in its backbone. Polymerization of isocyanates monomers and hydroxyl compounds produces it. It is insoluble in non-polar groups due to the carbamate group's strong polarity, and it has good oil resistance, toughness, wear resistance, age resistance, and adhesion. With the increasing number of new facilities, it is estimated that the requirement for printing ink resins in the printing & publication industry will rise in the forecasted period. This would boost the growth of the Ink Resins industry.

The market player is Harima Chemicals Group, Inc., BASF SE, Resinall Corp, Ingevity, and OMNOVA Solutions Inc.

In March 2022, Specialty chemicals group ALTANA expanded its already launched Cubic Ink 3D printing material families with new high-performance resins.

In April 2021, Azelis announced its new distribution agreement with BASF, effective immediately, for the dispersions, additives, and resins range in Australia and New Zealand (ANZ). The products are commonly used in coatings, adhesives, sealants, elastomers (CASE), and construction applications.

In March 2021, Bodo Möller Chemie South Africa expanded the unique sale and distribution agreement with BASF South Africa Ltd. for resins and additives.

Global Boron Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by Boron segmenting based on the Resin Type (Acrylic, Polyurethane, Polyamide, Modified Rosin, Modified Cellulose, Hydrocarbon & Others), Ink Technology (Water-Based, Solvent-Based, UV-Curable, Powder & Others), Printing Process (Lithographic, Flexographic, Gravure, Letterpress, Digital & Others), Application (Packaging, Corrugated Boards, Printing & Publication & Others) and Geography (Asia-Pacific, North America, Europe, South America, and Middle-East and Africa). The report examines the market drivers and restraints and the impact of Covid-19 on market growth in detail. The study covers and includes emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched competitive landscape sections with prominent companies and profiles, including their market shares and projects.