Lithographic Printing Chemicals Market to grow at 4% CAGR from 2018 to 2025

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Lithographic Printing Chemicals Market to reach
US 17.5bn by 2025 Global Market Insights Inc.
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Industry Overview

• Lithographic Printing Chemicals Market to surpass
  USD 17.5 billion by 2025 driven by advantage of
  offset technology for high volume printing
  applications. Rising demand for newspapers and
  magazines in Asia Pacific countries will be the
  key growth enabler for the lithographic printing
  chemicals market. In 2017, India had more than
  335 thousand paid-for and free dailies in
  circulation whereas China had around 150
  thousand. These two countries have witnessed
  steady increase in the circulation of dailies in
  recent years. This trend will have a positive
  affect on the offset print chemicals market
  development as the products are extensively used
  for printing publication materials.
• High growth in the packaging industry will also
  propel the lithographic chemicals market
  development as the product is used in the
  printing process of packaging materials, mostly
  labels. Packaging industry growth has been mostly
  fueled by increasing international trade and
  e-commerce activities. The global packaging
  industry was worth more than USD 800 billion in
  2017 driven by high growth in Asia Pacific. The
  U.S., China, Japan, Germany, and India are the
  largest packaging markets in the globe. Thus,
  increasing usage of packaging materials such as
  labels, cardboard boxes, folding cartons, etc.
  which are commonly printed using offset
  technology will propel the industry growth.

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• Increasing usage of digital print technology will
  hamper the offset print chemicals industry
  development in the forecast years. In 2017,
  digital printing accounted for more than 15 of
  the global print market value and around 3 of
  the volume. Ease of customization, better quality
  print, and flexibility regarding substrate
  material are the key factors driving the digital
  printing industry growth. This trend is likely to
  hamper the offset print chemicals market as
  digital technology will gradually substitute
  offset technology in the future.
• Fountain solutions, inks, and cleaning solutions
  are the major product types in the lithographic
  printing chemicals market. Fountain solutions are
  a water-based mixture specially formulated to
  dampen offset printing plates before they are
  contacted by the inking rollers. A typical
  fountain solution will contain a natural or
  synthetic gum, an alcohol substitute, and other
  essential ingredients. Fountain solution segment
  is likely to generate revenues exceeding USD 3.5
  billion by 2025.
• Packaging, publication, and promotion are the key
  application segments in the lithographic printing
  chemicals market. Packaging is a key application
  segment which is likely to grow by around 4 CAGR
  from 2018 to 2025. Increasing demand for labels,
  cartons, cardboard, and paperboard packaging
  materials will supplement the packaging
  application segments industry growth.

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U.S. Lithographic Printing Chemicals Market Size,
By Application, 2014 2025 (USD Million)

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Industry Coverage

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• Europe lithographic printing chemicals market
  value is likely to reach USD 1.7 billion by 2025.
  Significant volume of newspaper and magazine
  circulation in Germany, France, UK, and Russia
  will propel the regional offset print chemicals
  industry growth. Product usage for packaging
  applications is also likely to rise in Europe
  during the study period. Print advertisement
  industry growth will also positively influence
  the European offset print chemicals industry.
• Some key offset print chemical manufacturing
  companies include Toyo Ink Company, TK TOKA
  Corporation, DIC Corporation, Flint Group, TCI
  Graphics, Sakata Inx, Siegwerk Druckfarben, Tokyo
  Printing Ink Company, Huber Group, SICPA Holding,
  FUJIFILM, Daihan Ink Company, etc. Apart from the
  large multinational players, many small and
  medium scale local manufacturers are also present
  in the lithographic printing chemicals market.

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