Printing Inks Market Driven by Technological Advancements in Digital Printing.
Posted by industryarc on August 8th, 2019
In light of increasing internet trade, the demand for packaging has risen leading to a boost in the printing inks market. As of 2018, the global printing inks market had attained a value of .11 billion. A report compiled by IndustryARC projects market demand to rise at a CAGR of 5.42% during the forecast period 2019-2025.
The report by IndustryARC titled, “Printing Inks Market: By Type of Products (Solvent Based, Water Based, Oil Based and Others); By Process (Lithographic, Gravure, Flexographic, Digital and Others), By End Use (Packaging, Commercial, Electronic, Industrial, Garment Pricing and Others) & Geography - Forecast(2019 - 2025)”, offers a detailed analysis of global market players, their sales and production figures, market value, recent technological advancements, market drivers, process segments, product segments, operating depth analysis, future prospects, manufacturing cost analysis, end-user industries, mergers and acquisitions, and market life cycle analysis of the global printing inks market.
View Full table Of Content Of Printing Inks Market
In Europe, which held the maximum market share of 25.67% in 2018, the printing inks market is growing. European printing ink manufacturers are formulating solutions that cover all end-user requirements. With about 80 printing inks manufacturers operating in Europe, the printing inks market is one of the major contributors to the European economy.
Printing inks market: Disruptive Trends
· Features such as durability, color quality, and image quality are increasing demand for bio-based and UV curable inks in the digital printing market, an end-use industry for printing inks. This demand for digital printing is set to propel growth of the printing inks market.
· Water-based printing inks which are used on paper, cardboard, and textiles, are gaining popularity as their production does not entail the use of harmful chemicals.. The growth of water-based printing inks is attributed to technological advancements in the development of novel additives, and surface preparation techniques.
· The increasing demand for digital printing in label production and electrophotography is propelling growth in the packaging industry, which is an application segment for the printing inks market.
Printing inks market: Competitive Landscape
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Joined: August 6th, 2019
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