Security Ink Market By Type (Intaglio Inks, Silkscreen Inks, Letterpress Inks, Offset Inks) By Application (Banknotes, Official Identity Documents, Tax Banderoles, Security Labels) and Region - Global Forecast 2026
19th October 2018
The global security ink market is estimated to value at approximately US$ 0.7 Bn in 2019, and is expected to register a CAGR of 4%. The global security ink market report has been segmented on the basis of product type, application, and region/country.
Global Security Ink Market: Introduction
Security ink is used in security printing industry wherein items of high privacy and confidentiality such as stamp papers, checks, bank notes, certificates, passport, labels and identity cards are printed. Security ink plays an important role in printing of these items as it helps in authentication, protection and also detection of fraudulent activities.
Global Security Ink Market: Market Dynamics
A major factor driving growth of the global security ink market is increasing occurrences of forgery and counterfeiting practices. Counterfeiting practices are proliferating in bank notes, identity cards, postage stamps, stock certificates, passports, and product authentication. Security printing helps in prevention of meddling and falsification, leading to an increasing demand for security inks, which in turn is expected to drive growth of the global security ink market.
Increasing growth of banking and financial sector across the globe is also driving demand for security inks, thereby supporting growth of the global security ink market over the forecast period. Banking sector hugely demands security printing for protecting documents, controlling authenticity, maintaining originality of documents, defending credibility etc. These factors are driving growth of the global security ink market. In addition, increasing corporate fraudulent activities have also resulted in adoption of security measures by various companies. One of the primary security measure is security printing, where security ink forms a quintessential part, which in turn is driving growth of the global security ink market. Recent demonetization activities across various countries have led to increasing number of note printing activities, which have led to growth of the global security ink market.
Moreover, brand protection is another field where security ink is gaining importance. Brand protection against diversion, fraudulent claims, retail theft and counterfeiting is a challenge. Security ink helps in overcoming such challenges, which is another driving factor for growth of the global security ink market.
Security ink can itself be counterfeited and can be passed on as original or official document. Such intimidations could be the cause of massive damage for the related organizations. Therefore, alternative approaches, other than use of security or invisible inks could be more preferred, which restricts adoption of security ink, and in turn could affect demand for security inks and hamper growth of the global market to a certain extent.
Continuous research and development activities have led to product innovations which is expected to augment growth of the global security ink market over the forecast period. Recently researches in China have come with metal-free water-soluble graphitic carbon nitride quantum dots (g-CNQDs) which is an invisible security ink used for encryption, information coding, and decryption. This is expected to create revenue opportunities for players operating in the global market.
Global Security Ink Market Analysis, by Product Type:
Among the product type segments, the offset inks segment is expected to contribute major revenue share in the global security ink market over the forecast period, owing to its increasing application in guilloche patterns and security printing artwork. The intaglio inks segment is expected to register highest CAGR of over 4% in terms of revenue over the forecast period. The actual sharp printing obtained from the intaglio printing process is hard to emulate by other means. Intaglio also permits creation of concealed images which are only visible when the document is viewed at a very shallow angle.
Global Security Ink Market Analysis, by Application
Among the application segments, the security labels application segment is expected to contribute major revenue share in the global security ink market, and is expected to register highest CAGR of over 4.1% in terms of revenue over the forecast period, owing to increasing use of security labels in industries such as food & beverages, consumer durable, and pharmaceutical. Security labels are also used to offer authentication safety to products. Security labels protect products against accidental, unsanctioned, or malicious modification, destruction or disclosure, and theft.
Global Security Ink Market Analysis by Region:
The market in Europe accounted for major revenue share in the global market in 2018, and is expected to continue with its dominance over the forecast period. The US market is expected to follow the Europe market in terms of revenue share in the global market. The market in Japan is projected to register highest CAGR of over 4.9% in the global security ink market over the forecast period.
Market Segmentation of Global Security Ink Market:
Segmentation by Type:
- Intaglio Inks
- Silkscreen Inks
- Letterpress Inks
- Offset Inks
Segmentation by Application:
- Official Identity Documents
- Tax Banderoles
- Security Labels
Segmentation by Region/Country:
- Southeast Asia
- South America
- South Africa
- Rest of the World
- HOLDING SA
- Sun Chemical Corporation
- Microtrace, LLC
- Chromatic Technologies, Inc. (CTI)
- Gleitsmann Security Inks GmbH
- Kao Corporation (Kao Collins Inc.)
- The Cronite Company
- VILLIGER SECURITY SOLUTIONS AG
- Eastman Kodak Company
- Shojudo Co., Ltd.
- Chapter 1 Market Overview
- 1.1 Security Ink Introduction
- 1.2 Market Analysis by Type
- 1.3 Market Analysis by Applications
- 1.4 Market Analysis by Regions
- Chapter 2 Manufacturers Profiles
- 2.1 SICPA HOLDING SA
- 2.1.1 Company Basic Information
- 2.1.2 SICPA HOLDING SA Security Ink Sales, Price, Revenue, Gross Margin and Market Share
- 2.2 Sun Chemical Corporation
- 2.2.1 Sun Chemical Corporation
- 2.2.2 Sun Chemical Corporation Security Ink Sales, Price, Revenue, Gross Margin and Market Share
- 2.3 Microtrace, LLC
- 2.1 SICPA HOLDING SA
- Chapter 1 Market Overview
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