Printing Inks Market Quadruples with new product launch and M&A Activities by 2023; Declares MRFR
— Global Printing Inks Market Report : Information by process (Gravure, Lithographic, Flexographic, and Others), by resin (Modified rosin, Polyurethane, and others), by application (Packaging & Labels, Corrugated cardboards, and others) – Forecast till 2023
Printing inks Market Overview:
Printing inks are paste or a liquid that are primarily used to color various surfaces such as magazines, books, cardboards, ceramic tiles and others. Printing inks contains pigments and dyes which are used to produce a desired text or design. These inks are extensively used in various applications such as publications, corrugated boxes commercial printing and packaging among others.
They provide a basic source of information in many consumer and other products. The growing demand from the commercial printing and the packaging industry is anticipated to be a major driving factor in the growth of the market. With the growing retail sector especially in the developing regions the demand for consumer goods has be surging which in turn is expected to boost the market demand for printing inks from the packaging industry. Furthermore, the growing investment expenditure in the development of bio sustainable inks is expected to be a major opportunity in the market growth.
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Flint Group (Luxembourg)
DIC Corporation (Japan)
Siegwerk Druckfarben AG & Co. KGaA (Germany)
Sakata Inx Corporation (Japan)
Toyo Ink S.C. Holdings (Japan)
T&K Toka (Japan)
Wikoff Color Corporation (U.S.)
Sun Chemicals (U.S.)
Royal Dutch Printing Ink Factories Van Son (Netherland)
Industry/ Innovation/ Related News:
2nd November 2016- Flint group confirms the acquisition of American Inks and Coatings (AIC), the eight largest ink manufacturer in the U.S. The acquisition is in line with their strategy to keep up with the dynamic demand form the packaging industry. This move is also expected to add to their product expertise and improve their existing supply chains.
12th December 2016- INX International Ink Company, announced the completion of its acquisition of Creative Industria e Comercio Ltda, an ink manufacturer in Sao Paulo, Brazil. This move is expected to boost the market dominance in Brazil and Global printing inks market report: information by process (Gravure, Lithographic, Flexographic, and Others), by resin (Modified rosin, Polyurethane, and others), by application (Packaging & Labels, Corrugated cardboards, and others) – Forecast till 2023
other South American regions.
Printing Inks Regional Analysis:
The printing inks market is segmented across five regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major share of the market and is expected to grow at an exponential CAGR. The growing population and the increasing personal disposable income in the developing nations are the major factors driving the growth of the printing inks market. Moreover, the growing inter-country trade in the region has augmented the use of printing inks in packaging and corrugated boxes which is further adding to the growth of the market. Furthermore, with the increasing working population, the demand for processed and on-the-go food products are propelling in the region which in turn is adding to the market growth owing to the use of printing inks in label and stickers in the food and beverage industry.
North America is another dominant region for the market of printing inks exhibiting a growing CAGR. The presence of well-developed end-user industries coupled with the growing adoption rate are the major factors adding to this growth. Moreover, the fast-paced lifestyle has augmented the demand for on the go food and beverages which is further expected to propel the growth in this region. In addition to this, the regulations by the FDA to display product information in packaging and labels is also contributing to the growth of the market.
Printing Inks Segmental Analysis:
The Global Printing Inks Market is segmented into process, resin type and application. On the basis of the process, the market is segregated into gravure, flexographic, lithographic, digital, and others. The market by the resin type is bifurcated into modified rosin, hydrocarbon, modified cellulose, acrylics, polyamide, polyurethane, and others. The market by the application is further bifurcated into packaging and labels, corrugated cardboards, publication & commercial printing, and others.
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Printing inks market manufacturers
Traders and Distributors of Printing inks market
Production process industries
TABLE OF CONTENTS
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Resin Type
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
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