Printing Inks Market Scenario:
The lithography printing inks process segment is anticipated to observe a higher CAGR during the forecast period. The enhanced and superior qualities of these printing inks such as image quality and low cost among others find its application in wide range of materials. Moreover, the growing demand for food & beverage and the automotive industry is also significantly adding to the growth of the segment.
Key Players:
Sun Chemicals
Flint Group
DIC Corporation
Siegwerk Druckfarben
Toyo Ink S.C. Holdings
Sakata Inx Corporation
Royal Dutch Printing Ink Factories
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The global printing inks market is spanned across five key 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 be the fastest growing region at an exponential CAGR. The presence of the most populated countries of the world such as India and China has augmented the demand for various sectors such as food and beverage, personal care, home care, and automotive among others, which, in turn, is anticipated to fuel the demand for printing inks in the region. Moreover, the growing processed food demand mainly in Japan, India, and China owing to the growing working population and changing lifestyle is also expected to contribute to the market.
Printing Inks Segmentation:
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.
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 Geographical Analysis:
The report covers brief analysis of the major geographic regions namely Asia Pacific, Europe, North America, Latin America, and the Middle East & Africa.
Intended Audience:
Printing inks market manufacturers
Traders and Distributors of Printing inks market
Production process industries
Potential investors
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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