Printing Inks Market: Industry Analysis and Forecast (2019-2027)
Maximize Market Research's latest report, " Printing Inks Market Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Printing Inks Market was valued at US$ 18.1 Bn in 2019 and is expected to reach US$ 28.7 Bn by 2027, at a CAGR of 5.93% during a forecast period.
Printing Inks Market Overview
Based on application, the packaging segment is projected to drive the global printing inks market as increased use of printing inks for tags and labels, flexible materials, and metal cans across the globe. On the basis of process, the digital printing segment is estimated to hold the largest share in the global printing inks market as growing technological advancements and increased investments in R&D by key players. In terms of product type, water-based ink segment is expected to boom the global printing inks market growth as consumers preferences are shifting towards eco-friendly products across the globe.
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Printing Inks Market Major Market Players
• Flint Group
• Siegwerk Druckfarben AG & Co. KGaA
• DIC Corporation
• hubergroup Deutschland GmbH
• Toyo Ink SC Holdings Co., Ltd.
• Sakata INX Corporation
• ALTANA AG
• Wikoff Color Corporation
• T&K Toka Co., Ltd
• Zeller+Gmelin GmbH & Co. KG.
• Sun Chemical Corporation
• Fujifilm UK Ltd.
• Royal Dutch Printing Ink Factories Van Son
• ALTANA
• TOKIYO PRINTING INK MFG Co., LTD.
• Dainichiseika Color & Chemicals mfg. Co., Ltd.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Printing Inks Market by Types and Applications:
Global Printing Inks Market, by Product Type
• Solvent-based Printing Inks
• Water-based Printing Inks
• Oil-based Printing Inks
• Others
Global Printing Inks Market, by Process
• Lithographic Printing
• Gravure Printing
• Flexographic Printing
• Digital Printing
• Others
Global Printing Inks Market, by Resin Type
• Modified Rosin
• Modified Cellulose
• Acrylic & Polyurethane
• Others
Global Printing Inks Market, by Application
• Packaging
• Publication
• Commercial Printing
• Others
Global Printing Inks Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
The report has covered the market size by country (regions) for the Printing Inks market.
Analysis of the Printing Inks Market Share and Competitive Landscape:
This report provides a detailed analysis of the Printing Inks Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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