Printing Inks Market Analysis

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Printing Inks Market Information by Resin
(Modified Rosin, Modified Cellulose, Acrylic,
Polyurethane, Others), Product (Gravure,
Flexographic, Lithographic, Digital, Others),
Application and Region - Forecast 2017-2027
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Printing Inks Market An Overview
According to the latest report by Reports and
Data, the Global Printing Inks Market size is
forecast to grow at a CAGR of 4.9, from USD
19.13 billion in 2019 to reach USD 28.15 billion
by 2027. Increasing demand for printer ink
components such as pigments, binders,
solubilizers, and additives to manufacture text,
design, or photographs would drive the market
growth. Increasing demand from the packaging
industry and industrial printing, as well as
shifts in market trends, are projected to create
considerable growth opportunities for the market
in the coming years. Printing inks include
pigments or colorants that are used to make
pictures, texts, or designs. They are used in
advertising, labeling, and marketing sectors.
Over the forecast period, the demand for
eco-friendly inks is projected to rise.
Innovative technologies like UV-curable inks and
inkjets provide significant prospects for growth
for the market. Increasing environmental issues
are driving the demand for oil-based and
biodegradable inks. Vegetable oil-based and
biodegradable inks limit or eliminate the usage
of mineral oils in inks, mitigate VOC pollution,
and maintain non-renewable supplies. The primary
benefit of eco-friendly inks includes better
paper recyclability as it enables effective ink
separation from paper. Free Report Sample _at_
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Printing Inks Market Dynamics The industry is
influenced by developments in technologies and
processes, including inkjet and digital printing
goods. However, rising demand for e-books and
stringent government environmental legislation on
ink production is restricting market growth in
the printing inks. The emission of VOC and toxic
metals found in individual printing solution inks
often hampers the development of the
industry. Packaging and commercial printing are
two major market segments for printing ink
applications. Ink types are classified based on
their manufacturing process, which includes
lithography, digital outputs for gravure, and
flexography. The latest developments this sector
has witnessed include food-safe printing inks,
the growing value of flexographic and wireless
toners, and a change in market preference towards
environment-friendly goods. Increasing demand for
printing inks through various applications such
as flexible packaging labelling, modern
letterpress, corrugated cardboard, and folding
cartons are the pivotal factors expected to
propel the market over the forecast period. The
demand for flexible packaging of exceptional
quality has been on the rise in various regions
across the globe, and this will significantly
shape the future of the market over the coming
years.
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Printing Inks Market Regional Outlook Asia
Pacific became the leading region in the printing
inks market and produced more than USD 7.46
billion in sales in 2019. Among the main
contributors are China and Japan, which are the
home to various significant players in the
industry. These countries have also witnessed a
rising demand for printing inks. Technological
advancements in ink printing and expansion in
end-use applications in China also make a
substantial contribution to this trend. The
packaging, textile, and ceramic printing segments
are among the major application sectors in China.
India, Thailand, Vietnam, and Indonesia are the
other emerging APAC nations to contribute to the
industry's thriving growth. North America is the
third-largest sector, with the United States as
the biggest competitor owing to the booming
packaging industry. Get an Attractive Discount _at_
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Printing Inks Market Key Players The report
elaborates on the competitive landscape of the
market and considers the following
companies Siegwerk Druckfarben AG Co.
KGaA Sakata Inx Corporation Wikoff Color
Corporation Sun Chemicals DIC
Corporation Altana Epple Druckfarben MHM
Holding GmbH Tokyo Printing Ink Mfg. Co.
Ltd. Koninklijke Drukinktfabrieken Van Son B.V.
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The Impact of COVID-19 on Printing Inks
Market While the COVID-19 pandemic is still
extensive, manufacturers are gradually adapting
their production and purchasing strategies to
face the challenges of a pandemic that has
created market-based printing inks demand.
Because of a lack of downstream demand, the
effect of this pandemic would transform the
global printing inks industry, as some
manufacturing plants have either shut down or are
operating in a limited capacity. Others have been
forced to stop their output as governments have
mandated lockdowns and as a precautionary move to
prevent the spread of the virus. The spread of
the virus has taken particularly bad shape in
India and the United States, while many European
countries have been forced to enter a second
stint of lockdowns as the virus has shown a
resurgence in the colder months. The market
situation is expected to be chaotic till a
vaccine can be launched, and things go back to
normal. Regional analysis includes North
America Europe Asia Pacific Latin
America Middle East Africa (MEA)
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Report Highlights Detailed overview of the
parent market Changing printing inks market
dynamics in the industry In-depth printing inks
market segmentation Historical, present, and
projected printing inks market size in terms of
volume and value Recent printing inks market
trends and developments Competitive
landscape Strategies of key players and
products offered Segments, sub-segments, and
geographical regions exhibiting promising
growth A neutral perspective on printing inks
market performance
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Printing Inks Market Segmentation For the
purpose of this report, Reports and Data has
segmented the Global Printing Inks Market on the
basis of resin, product, application, and
region Resin Outlook (Volume, Kilo Tons
Revenue, USD Billion 2017-2027) Modified
Rosin Modified Cellulose Acrylic Polyurethan
e Others Product Outlook (Volume, Kilotons
Revenue, USD Billion 2017-2027) Gravure Flex
ographic Lithographic Digital Others
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Application Outlook (Volume, Kilo Tons Revenue,
USD Billion 2017-2027) Packaging
Labels Corrugated Cardboards Publication
Commercial Printing Others Complete Report
Available _at_ https//www.reportsanddata.com/report-
detail/printing-inks-market
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