Launch Of High Resolution Ink In The Printing Inks Market
Posted January 7, 2019 by vamshi1
The printing inks market size is expected to reach nearly $25 billion in 2021 at a compound annual growth rate (CAGR) of slightly more than 2% during the forecast period.
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The global printing inks market is forecast to grow at a CAGR (compound annual growth rate) of around 2.3 % to 2022.
Printing Inks Market Trends:
Printing inks are liquids that contain pigments or dyes, which are used to produce images, text and designs. They are widely used in letterpress and lithographic printing.
The printing ink industry has introduced high-resolution replacement ink as a cost-effective alternative for barcode case coding applications. High resolution ink is more effective than traditional inks as it allows fine and solid printing at high speed. It also enables re-printability and drastically reduces the number of cleaning stencils required.
The global printing inks market is primarily driven by emerging markets growth, technological advances and increase in demand from the packaging industry.
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The global printing inks market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.
With economic growth, supply chain simplification, digitalization and waste reduction, the global printing inks market is expected to increase in potential and scope. TBRC’s report also covers the printing inks drivers and restraints in the market.
The global printing inks market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.
The top companies included in the global printing inks market report are DIC, Flint Group, Sakata Inx, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink S.C. Holdings and others.
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| Last Updated | January 7, 2019 |