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Digital Textile Printing Inks Market to experience an impressive growth of 17.5% during 2018-2023

07-17-2019 01:48 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Stratview Research

Digital Textile Printing Inks Market to experience

Addressing the most sought-after questions that occupy the minds of entrepreneurs and decision makers, the new report of "Stratview Research" on the Digital Textile Printing Inks Market, answers all the important questions.

Getting to the bare bones of the issues and factors which are sculpturing the market, Stratview Research brings out the best actionable market intelligence for the global Digital Textile Printing Inks Market.

The analysts have scrupulously studied the trend and cautiously forecasted the future market developments for 2018-2023.
The important questions the report answers are:
1. What will be the market growth rate in the near future?
2. What are the major developments in the market wrt regulations, acquisitions and innovations?
3. What are the growth drivers as well as the constraints?
4. What are the regional growth hotspots?
5. What are the segmental growth forecasts?

These questions and many more, big and small, are all discussed in the report in great detail.

The Global Digital Textile Printing Inks Market Growth and Forecast
Textile is one of the oldest industries in the world and has undergone a remarkable change over the eons in which the digital printing technology, a very young technology, has a disruptive journey. Among different processes, screen printing has always been the choice of the process in the textile industry; however, the digital printing has efficaciously been catching the world’s attention. It is estimated that roughly 2% of the total printed textiles are manufactured digitally, mainly on polyester fabrics using dye sublimation.

The strategic Market dissection
The dissection of the market is done to enlighten the aspects which are of interest to firms across the value chain.

Dissection by Segments
• by Type : Reactive, Acid and Others
• by Substrate Type : Cotton, Silk and Others
• by Application Type : Garment, Décor and Other
• by Region : North America, Europe, Asia-Pacific, and RoW

Get a free sample of the report:
https://www.stratviewresearch.com/324/Digital-Textile-Printing-Inks-Market.html

The Growth Prognosis & its Drivers
The global digital textile printing inks market is projected to grow at an impressive CAGR of 17.5% during the period of 2018 to 2023. This represents an attractive growth opportunity in the entire ecosystem of the market. Organic growth in the textile industry; an increasing demand for rapid customization to create beautiful, unique clothing or households products; an increasing penetration of digital textile printing from the prototype development to a wide adoption in the printing of garment, home decor, and technical textiles; and excellent performance of digital printing, such as ease of image modifications, are some of the major factors that are proliferating the growth of the digital textile printing inks market.

Market Segments
The digital textile printing inks market is segmented based on the type as Reactive, Acid, Direct Disperse, Sublimation, Pigment, and Others. The sublimation segment is expected to remain the growth engine of the digital textile printing inks market during the forecast period of 2018 to 2023. An increased usage of polyester fabric for digital printing for meeting the requirement of rapid customization from household and industrial sectors are the major factor that has led to the dominance of sublimation ink in the market. The pigment-based inks segment is likely to witness the highest growth during the same period, driven by its excellent archival print life and color stability.
Based on the substrate type, the digital textile printing inks market is segmented as Cotton, Silk, Polyester, and Others. The polyester segment is expected to remain the most dominant segment in the digital textile printing inks market during the forecast period. An extensive usage of polyester fabrics in industrial and household segments is primarily driving the demand for digital printing inks in the polyester fabrics segment.
The digital textile printing inks market is also segmented based on the application industry or sectors into Garments, Decor, Industrial, and Others. The industrial segment is expected to remain the dominant segment of the digital textile printing inks market during the forecast period, driven by an increasing use of digital textile printing inks for advertisement. The garment is another segment that is likely to offer sizeable growth opportunities over the next five years as well.
Europe is expected to remain the largest digital textile printing inks market during the forecast period of 2018 to 2023. The region is also likely to experience a healthy growth during the same period. Early adoption of the digital textile printing technology and the presence of a large number of clothing brands are driving the demand for digital textile printing inks in the European market. Asia-Pacific and North America are the other two major digital textile printing inks markets and are likely to generate a healthy demand for digital texting printing inks in the foreseeable future.

Players
The supply chain of this market comprises of raw material suppliers, distributors, digital textile printing ink manufacturers, and end users. The key manufacturers of digital textile printing inks are DowDuPont, Inc., Huntsman Corporation, Sensient Technologies, Dover Corporation, Dystar Group, BASF SE, and Kornit Digital. Merger & acquisition, new product development, and formation of strategic alliances are the key strategies adopted by the major players to gain a competitive edge in the market.

Click Here for Other Reports from Stratview Research in the Advanced materials Industry:
https://www.stratviewresearch.com/market-reports/Advanced-Materials.html

Stratview Research
400 Renaissance Center,
Suite 2600,
Detroit, Michigan, MI 48243
United States of America
Phone No. +1-313-307-4176
sales@stratviewresearch.com

Stratview Research is a global market intelligence firm offering a wide range of services including syndicated market reports, consulting, sourcing intelligence, and customer research. We are a trusted brand in the research industry with capability of commissioning complex projects within a short span of time with high level of accuracy.

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