Chan Ye Xin Xi Wang·2026-01-04 01:17Core Viewpoint - The consumption of disperse ink in China is expected to grow significantly from 6,300 tons in 2015 to 36,000 tons by 2024, with a compound annual growth rate (CAGR) of 21%, driven by the increasing penetration of digital printing technology and the optimization of disperse ink performance [1][7]. Industry Overview - Disperse ink is primarily made from disperse dyes and is mainly used for printing on polyester fabrics, offering advantages such as vibrant colors, excellent wash fastness, and short dyeing times [3][6]. - The market is divided into two main segments: sublimation ink, which accounts for 90% of the market, and high-temperature disperse ink, which is expected to gain market share due to its environmental benefits [1][7]. Market Segmentation - Sublimation ink is the most widely used due to its efficiency and ability to detect defects during the transfer process, thus reducing production costs [1][7]. - High-temperature disperse ink, while currently holding a smaller market share, is more environmentally friendly as it eliminates the need for transfer paper, which is expected to enhance its market presence in the future [1][11]. Competitive Landscape - The disperse ink market has seen a shift from foreign dominance to a more competitive landscape with domestic companies like Zhejiang Lanyu Digital Technology Co., Ltd. and Zhengzhou Hongsheng Digital Technology Co., Ltd. gaining significant market share [2][9]. - Companies are focusing on R&D and local production to meet the growing demand for high-quality disperse inks [9][10]. Industry Development Trends 1. Increase in High-Temperature Disperse Ink Market Share - High-temperature disperse ink is becoming a preferred choice due to its compliance with environmental regulations and its ability to solve issues related to color migration in sublimation inks [11][12]. 2. Product Functionalization and Value Addition - Companies are integrating additional functionalities into disperse inks, such as flame retardancy and UV resistance, to meet diverse market needs, particularly in sportswear and outdoor applications [12][13]. 3. Market Consolidation and Focus on Leading Enterprises - The industry is moving towards consolidation, with leading companies expanding their market share while smaller firms face challenges due to rising costs and regulatory pressures [13].