Printing Toners Market Analysis

Printing Toners Market Analysis

Printing toners market is segregated as per production technology into conventional toner and chemically prepared toner. The conventional toner segment is projected to generate around USD 3.5 billion by 2032. The low cost of conventional toners compared to chemically manufactured toners is the major factor attributed to the high revenue share of the segment. Most printers include heating equipment and fusers that are designed to work with standard toners. As a result, the demand for conventional toners is expected to increase steadily through the forecast timeline.
 

Printing toners market is divided into polyester, styrene-acrylic, and others based on resins. The styrene-acrylic segment is set to expand at over 4% CAGR from 2023 to 2032. Styrenics are economical and offer better wax dispersion, and hence, are highly preferred for monochrome printing. Toner resins must be thermoplastic and have strong adhesion properties. The styrene component makes it thermoplastic, while the acrylics let it adhere to a variety of surfaces. Such favorable product characteristics are expected to boost the segment's revenue growth through 2032.
 

In terms of application, the printing toners market is divided into color and monochrome. The color segment valuation is estimated to reach USD 3 billion by 2032. Color printing is gaining traction across industries to meet changing customer and company branding needs. New government regulations requiring the use of color and the technological advancements resulting in the declining cost of colored printing toner are pushing firms to reconsider how they identify and label products, further contributing to the segment expansion.
 

Asia Pacific printing toners market is estimated to be worth USD 2 billion by 2032, growing at more than 5% CAGR through the review timeline. Rapid industrialization, primarily in India, Japan, and China, is driving the demand for commercial laser printing, as well as the growing packaging industry in the region due to strong growth in the food & beverage, pharmaceutical, and personal care industries, are the major factors expected to largely contribute to the APAC market statistics in the coming years.