Press release
Ink Solvents Market Size, Share, Development by 2023
Ink Solvents include Glycol ethers, Butanone, Ethyl acetate, Butyl acetate, Isopropanol, Propanol, Butanol, Butanone, Ethoxypropanol, Ethoxypropyl Acetate, Butyl Glycolether, Isophorone, and others. Ink Solvents are widely used in flexible packaging, folding cartons, corrugated cardboard.
The Ink Solvents industry has entered a mature stage recent years, and the industry concentration is not high. The global leaders are Eastman. The production of the manufacturers listed in the report occupied for over 85% market share of global in 2014. The key players include Eastman, Dow, Basf, Ashland, Shell, Mitsubishi Shoji Chem, Solvay, Evonik, Celanese, Ineos, and others.
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Global Ink Solvents Market: Forecast by Type / Application / Region
Currently, the factors driving the growth of the aforementioned industry are flexible packaging, folding cartons, corrugated cardboard, and others. As the demand increases rapidly for downstream industries, and the wider range of applications, the demand for Ink Solvents will correspondingly increase. The increased consumption of Ink Solvents is expected to continue during the remaining years of the forecast period of 2016-2021. Ink Solvents industry will usher in a stable growth space.
In 2015, the main raw material price is relatively stable, and expected that the Ink Solvents raw material price will be stable in the short term. However, the improvement of energy, transportation costs, and employee wages, will play a significant role in promoting the cost of Ink Solvents.
There are companies adding new capacities and aims at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Ink Solvents market will become more intense.
In China, YIP'S Chem is the largest producer, has top Ink Solvents production technology, followed by Yankuang Lunan Chem and Baichuan Chem. In addition, there is no large competitor in Ink Solvents market.
Over the next five years, LPI(LP Information) projects that Ink Solvents will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Global Ink Solvents Market: Key Players
Eastman
Dow
Basf
Ashland
Shell
Mitsubishi Shoji Chem
Solvay
Evonik
Celanese
Ineos
Exxon Mobil
Vertec Biosolvent
Lotte Chem
LyondellBasell
LG Chem
Arkema
Showa Denko
YIP'S Chem
Yankuang Lunan Chem
Baichuan Chem
Super Chemical
Sanmu Chem
Jinyimeng Group
Jianye Chem
Zhongchuang Chem
CNPC
Lianhai Bio-tech
Sopo Group
Jidong Solvent
Huayi Group
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Related Information:
United States Ink Solvents Market Research Report 2018
Europe Ink Solvents Market Research Report 2018
North America Ink Solvents Market Research Report 2018
Asia-Pacific Ink Solvents Market Research Report 2018
China Ink Solvents Market Research Report 2018
EMEA Ink Solvents Market Research Report 2018
Global Ink Solvents Market Research Report 2018
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