Global UV Cured Printing Inks market is estimated to be valued over US$ 3.1 BnPosted by Hannah Brown on July 14th, 2019 Growth is driven by increasing demand for digital printing and lower VOC emissions. The popularity of UV inks will continue to grow with higher sales of digital printing. UV cured printing ink works on radiation mechanism for labeling ink. These ink dries up upon the treatment of UV light. UV based inks usually have no volatile organic compounds and hazardous air pollutants, which in turn has created favorable demand for UV cured printing inks. Global UV Cured Printing Inks Market Size and Forecast: By Product Type By product, UV Cured Printing Inks revenue is segmented into free radical and cationic. Among these, free radical accounted for 92% of global sales. Free radical process requires less time thereby making curing process economical. Cationic polymerization will register fastest growth during the forecast period. For more trends, click here: https://bekryl.com/industry-trends/uv-cured-printing-inks-market-share-analysis Global UV Cured Printing Inks Market Size and Forecast: Regional Analysis Globally, Asia Pacific accounted for 55% market share in 2018. The region will continue to register significant growth during the forecast period. China is the most lucrative region in Asia Pacific, followed by India and Japan. Asia Pacific will also register fastest growth during the forecast period. Western Europe stands next to Asia Pacific. Germany, France and UK are key countries in the region. Together, they accounted for 63% of regional share in 2018. However, these countries are expected to lose market share by 511 basis points. Global UV Cured Printing Inks Market Size and Forecast: Competition Landscape The industry is highly consolidated with leading players accounting for major share of the market. Key UV Cured Printing Inks players are:
Industry Segmentation By Process:
By Application:
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