According to The Future of UV Inkjet Printing to 2018, a market report recently published by a PIRA, the global market for ultraviolet (UV) inkjet printing will grow by more than 10% annually and have an estimated value of $15.9 billion by 2018. The report also points out that flexible packaging and labels applications are currently growing at 20% CAGR and will cumulatively represent nearly 60% of all UV inkjet printing applications by 2018. The ability to cost effectively print shorter runs with inkjet fits well with shorter product lifecycles and industry trends towards regionalization and personalization. But, there are several barriers to the adoption of digital technology, which include VOCs in solvent-based inks, the limited substrates addressed by water-based inks and the safety of ultraviolet curable inks in food packaging.