Printing Ink Market Explored In the Latest Research by Key Player Altana AG, DIC Corporation, Flint Group, Huber Group and Sun Chemical Corporation
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Printing ink is a paste or a liquid that mainly contains pigments or dyes used to color a particular or to produce an image, text, or design. Ink can be a complex medium, composed of solvents, pigments, dyes, resins, lubricants, solubilizers, surfactants, particulate matter, fluorescents, and other materials. There is a huge demand for printing inks for paper media and packaging, especially in rapidly developing economies such as India, and China. Printing inks are recently used in the e-commerce industry for the packaging of the products.
The printing ink market has witnessed a significant growth owing to factors such as growing demand from the United States digital printing industry and high demand from the packaging sector globally. Moreover, The boom in online shopping and the growth of the packaged food industry in the Asia Pacific region further boost the demand for printing ink. Printing inks are used in the packaging of e-commerce products and growth in the e-commerce industry will lead to an increase in demand for printing inks. However, the decline in the commercial printing industry and stringent regulations regarding disposal are the major factors hindering the growth of the market. Furthermore, growing demand for bio-based and UV curable inks provides a growth opportunity for the market players over the forecast period.
The global printing ink market is segmented on the basis of process and application. On the basis of process, the printing ink market is segmented into lithographic printing, digital printing, flexographic printing, and others. The printing ink market on the basis of the application is classified into packaging, commercial printing and publication, and others.
The research thoroughly establishes critical market drivers, well-identified restraints, future opportunities, and ongoing trends of the market with essential statistics to provide precise data in terms of value and volume. The report focuses on the competitive landscape along with the SWOT analysis of some leading company profiles that have a significant impact on global market practices.
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The global study on Printing Ink Market sums up area wise market distribution with respect to five major regions: North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America covering the political, economic, social, and technological scenario for each region and its impact on the market. The report further breaks down the analysis for the major countries in these regions to provide a detailed picture of the market share and growth rate.
The Key Players Profiled In The Market Include:
1. Altana AG
2. DIC Corporation
3. Flint Group
4. Huber Group
5. Royal Dutch Printing Ink Factories Van Son
6. Sakata INX Corporation
7. Sun Chemical Corporation
8. TandK TOKA CO LTD
9. Toyo Ink Group
10. Wikoff Color Corporation
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