The Global PCB Water-Based Ink Market was valued at USD 215.76 Million in 2025 and is projected to reach USD 318.74 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This growth is being driven by the global push for environmentally friendly manufacturing, stringent environmental regulations on volatile organic compounds (VOCs), and the accelerating demand for high-performance printed circuit boards across consumer electronics, automotive, and telecommunications sectors.

As the electronics industry transforms toward sustainable and high-precision production, the focus shifts to the key material suppliers driving innovation, performance, and eco-friendly solutions. In this blog, we profile the Top 10 Companies in the PCB Water-Based Ink Industry—a mix of global chemical giants and specialized manufacturers shaping the future of electronics printing.

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🔟 1. DIC Corporation

Headquarters: Tokyo, Japan
Key Offering: Circuit Inks, Solder Resist Inks, Character Inks

DIC Corporation is a global leader in printing inks and pigments, with a significant presence in the PCB water-based ink market. The company’s advanced formulations offer high resolution, excellent adhesion, and superior performance for complex multilayer PCBs used in advanced applications.

Innovation Initiatives:

• Development of low-VOC and halogen-free ink formulations

• Investment in R&D for next-generation high-density interconnect (HDI) PCB inks

• Global supply chain optimization for consistent quality delivery

Download FREE Sample Report: PCB Water-Based Ink Market – View in Detailed Research Report

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9️⃣ 2. Taiyo Ink International

Headquarters: Saitama, Japan
Key Offering: Solder Masks, Circuit Inks, Flexible PCB Inks

Taiyo Ink International specializes in PCB inks and coatings, offering a comprehensive portfolio of water-based solutions. The company is renowned for its high-reliability products used in automotive, aerospace, and medical electronics applications.

Innovation Initiatives:

• Pioneering water-based solder masks with superior thermal resistance

• Development of inks for flexible and rigid-flex PCBs

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8️⃣ 3. Eternal Materials

Headquarters: Kaohsiung, Taiwan
Key Offering: PCB Inks, Photoresists, Electronic Chemicals

Eternal Materials is a major supplier of electronic chemicals in Asia, with extensive expertise in water-based PCB inks. The company serves leading PCB manufacturers worldwide with products that meet international environmental and performance standards.

Innovation Initiatives:

• Expansion of production capacity for environmentally friendly inks

• Strategic partnerships with PCB manufacturers for customized solutions

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7️⃣ 4. NAN YA PLASTICS

Headquarters: Taipei, Taiwan
Key Offering: Solder Resist Inks, Circuit Inks, Electronic Materials

NAN YA PLASTICS, part of the Formosa Plastics Group, is a significant player in the PCB materials market. The company’s water-based inks are known for their excellent printability and compatibility with various PCB manufacturing processes.

Innovation Initiatives:

• Focus on developing inks for high-frequency and high-speed PCBs

• Investment in sustainable manufacturing processes

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6️⃣ 5. Winson Group

Headquarters: Dongguan, China
Key Offering: PCB Inks, Solder Masks, Marking Inks

Winson Group is a leading Chinese manufacturer of PCB chemicals and materials. The company has rapidly expanded its water-based ink portfolio to meet growing domestic and international demand for eco-friendly PCB manufacturing solutions.

Innovation Initiatives:

• Development of high-performance inks for multilayer PCBs

• Expansion of international distribution networks

Download FREE Sample Report: PCB Water-Based Ink Market – View in Detailed Research Report

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5️⃣ 6. Guangdong Coants Electronic MATERIALS

Headquarters: Dongguan, China
Key Offering: PCB Inks, Solder Resists, Photopolymer Products

Guangdong Coants Electronic MATERIALS specializes in electronic chemical materials, with a strong focus on water-based PCB inks. The company serves the rapidly growing Chinese electronics market and international customers with high-quality, cost-effective solutions.

Innovation Initiatives:

• R&D investment in high-resolution printing technologies

• Customized ink formulations for specific application requirements

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4️⃣ 7. SERIA Corporation

Headquarters: Tokyo, Japan
Key Offering: Solder Resist Inks, Flexible Circuit Inks, Electronic Materials

SERIA Corporation is a Japanese specialty chemical company with expertise in PCB materials. The company’s water-based inks are designed for high-reliability applications in automotive, medical, and industrial electronics.

Innovation Initiatives:

• Development of thermally stable inks for lead-free soldering processes

• Quality control systems ensuring consistent batch-to-batch performance

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3️⃣ 8. Zhejiang Meihong New Material Technology

Headquarters: Jiaxing, China
Key Offering: PCB Inks, Electronic Chemicals, Specialty Polymers

Zhejiang Meihong New Material Technology focuses on the development and production of advanced electronic materials. The company’s water-based PCB inks are gaining market share due to their competitive pricing and technical performance.

Innovation Initiatives:

• Expansion of production facilities to meet growing demand

• Development of inks compatible with advanced PCB manufacturing technologies

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2️⃣ 9. Shenzhen Rongda Photosensitive & Technology

Headquarters: Shenzhen, China
Key Offering: Photosensitive Inks, Solder Masks, Circuit Inks

Shenzhen Rongda Photosensitive & Technology specializes in photosensitive materials for PCB manufacturing. The company’s water-based products are designed for high-precision printing applications in advanced electronics.

Innovation Initiatives:

• Focus on R&D for high-density interconnect applications

• Integration of photosensitive technology with water-based formulations

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1️⃣ 10. Kayaku Chemical (WUXI)

Headquarters: Wuxi, China
Key Offering: PCB Inks, Electronic Chemicals, Specialty Materials

Kayaku Chemical (WUXI) is the Chinese subsidiary of the Japanese chemical company, focusing on the local production of high-quality PCB materials. The company offers water-based inks tailored to the specific needs of the Asian electronics market.

Innovation Initiatives:

• Localized R&D to address regional market requirements

• Quality management systems ensuring international standards compliance

Get Full Report Here: PCB Water-Based Ink Market – View in Detailed Research Report

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🌍 Outlook: The Future of PCB Water-Based Ink Is Sustainable and High-Performance

The PCB water-based ink market is undergoing a significant transformation. While traditional solvent-based inks still dominate certain applications, the industry is rapidly adopting eco-friendly alternatives that meet stringent environmental regulations while delivering superior technical performance.

📈 Key Trends Shaping the Market:

• Accelerated adoption of water-based inks in Asia-Pacific manufacturing hubs

• Regulatory pressure driving VOC reduction across global electronics supply chains

• Development of high-performance inks for 5G, IoT, and automotive electronics

• Strategic partnerships between ink manufacturers and PCB producers for customized solutions

Get Full Report Here: PCB Water-Based Ink Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for global electronics manufacturing—they’re driving the sustainable transformation of the PCB industry.