Security Ink Market Tremendous Growth with Top Key Players Like SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Kao Collins, Cronite, Villiger, Gans, Kodak, etc

Security Ink Market

Summary

Security ink, also called Anti-counterfeit printing ink, is one of the most important parts of anti-counterfeit technology. It is one of the special printing inks after a series of special processing. Security ink is widely used in banknote, official identity documents, postage stamps, tax banderoles, security labels and product markings.

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Security inks have various functions. Some security inks can show special colors, be invisible or not under specific conditions such as ultraviolet ray irradiation, infrared irradiation, sunlight irradiation, specific temperature and humidity.

Security inks can be applied in various printing solutions like intaglio printing, silkscreen printing, letterpress printing and offset printing.

Scope of the Report:

The technical barriers of security ink are not high, resulting in numerous manufacturing enterprises. In security ink materials market, there are some relatively larger companies across the globe, such as SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Kao Collins, Cronite, Villiger, Gans, Kodak, Godo and Shojudo etc. Their plants mainly distribute in Europe, USA, China and Japan.

Security ink materials are primarily used for banknotes, official identity documents, tax banderoles and security labels fields. With increasing of global population and economy, the demands for downstream keep high growth. With the improvement of people’s security awareness, the product structure has been changed in these years and security ink is expected to continue increasing during the remaining years of the forecast period of 2018-2024. Security ink industry will usher in a stable growth space.

Major Features:

In the past few years, the price of security ink has slightly decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of security ink. The gross margin will show decreasing in future.

The worldwide market for Security Ink is expected to grow at a CAGR of roughly 4.4% over the next five years, will reach 800 million US$ in 2024, from 620 million US$ in 2019, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers
SICPA, Sun Chemical, Microtrace, CTI, Gleitsmann Security Inks, Kao Collins, Cronite, Villiger, Gans, Kodak, Godo, Shojudo, ANY, Mingbo, Pingwei, Letong Ink, Jinpin, Wancheng

Market Segment by Type, covers
Intaglio Inks
Silkscreen Inks
Letterpress Inks
Offset Inks
Others

Market Segment by Applications, can be divided into
Banknotes
Official Identity Documents
Tax Banderoles
Security Labels
Others

Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.

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Key Benefits:

1.The research report provides a detailed analysis of the Security Ink Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.

2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Security Ink Market is provided.

3.Porter’s fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.

4.The qualitative and quantitative analysis of the market from 2019 to 2024 is provided to put forth the market potential.

Overall, this Security Ink market research report depicts thorough overview of the market, which, in turn, will help the industry participants, consultants, equipment manufacturers, as well as the existing key players searching for potential growth opportunities and the stakeholders to align their market-centric strategies in view of the on-going and projected trends in the coming years.

Key questions answered in the report include:

What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Security Ink market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Security Ink?
What are the key outcomes of Porter’s five forces analysis of the Security Ink market?

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Conclusion:

The report concludes with the profiles of major players in the Security Ink Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.

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This release was published on openPR.