Printing Inks Market 2020 Global Insights and Business Scenario - DIC Corporation; Flint Group; Toyo Ink S.C. Holdings; Sakata Inx; Siegwerk Druckfarben

The Printing Inks Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The global printing inks market is expected to decline from $37.2 billion in 2019 to $35.8 billion in 2020 at a compound annual growth rate (CAGR) of -3.8%. The decline is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of % from 2021 and reach $35.5 billion in 2023.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Printing Inks Market: DIC Corporation; Flint Group; Toyo Ink S.C. Holdings; Sakata Inx; Siegwerk Druckfarben and others.

Industry News:

03.30.20: Flint Group Packaging Inks Europe has implemented a solvent surcharge for its solvent-based inks and coatings in Europe, effective April 1, 2020. The surcharge will be implemented as promptly as possible and will vary depending upon the specific product portfolio and commercial terms each customer has in place. The surcharge will remain active until the current raw material volatility subsides. Orders received up until March 31, 2020 will not be affected. The progressively worsening global economic situation caused by the current coronavirus (COVID-19) pandemic is placing untenable pressure on the supply chain for packaging inks and coatings. Supply across a number of raw material categories, notably solvents, is tightening, and costs are rising quickly as the market becomes more constrained. Additionally, freight constraints are resulting in higher costs across all transportation modes.

January 23, 2019, Greater Noida, India--Toyo Ink India Pvt. Ltd., a member of the Toyo Ink Group of Japan, today launched a new brand -- NEXpress(TM) -- to encompass all of its packaging-related inks and coatings, including regulatory safe lineup tailor-made for the packaging of food, toys, pharmaceuticals and other consumer products. The NEXpress basket of packaging solutions was developed to support Indian package printers in the production workflow, by supplying them with the materials and required certifications needed to meet today's packaging performance and regulatory needs. K.S. Murthy, director of Toyo Ink India said: "The Indian packaging industry is undergoing rapid growth and legislative change. At Toyo Ink India, we are committed to protecting our customers, consumers and the earth with our extensive knowhow of producing high-performance, safe and sustainable printing materials. By uniting all solutions under the single NEXpress identity, we aim to demonstrate this commitment by delivering a better integrated line of solutions and services, including the required assessment reports and support needed to meet the specific packaging requirements of various industries."

Market Overview:

Western Europe was the largest region in the global printing inks market, accounting for 30% of the market in 2019. Asia Pacific was the second largest region accounting for 25% of the global printing inks market. Africa was the smallest region in the global printing inks market.
The printing inks industry has introduced high-resolution replacement inks as a cost-effective alternative for barcode case coding applications. High resolution inks are more effective than traditional inks as they allow fine and solid printing at high speed. They also enable re-printability and drastically reduce the number of cleaning stencils required. For instance, in August 2018, IIMAK introduced Sure Scan II Plus, high-resolution replacement compatible inkjet ink, which reduces the cost of printing and downtime, and eliminates waste. This functions as a replacement option that offers performance in various high-resolution inkjet printers such as Foxjet, Matthews and Diagraph. Top companies in the market are developing high definition inks with premium durability, fast dry time, and a 12-month shelf life.

The printing inks market consists of sales of printing inks by entities (organizations, sole traders or partnerships) that manufacture printing and inkjet inks. Printing inks are liquids that contain pigments or dyes, which are used to produce images, text and designs. They are widely used in letterpress and lithographic printing. Printing inks consist of a pigment or pigments of the required color mixed with oil or varnish.

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Regional Analysis For Printing Inks Market:

For comprehensive understanding of market dynamics, the global Printing Inks market is analyzed across key geographies namely:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Printing Inks Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2020-2023.

Following are major Table of Content of Printing Inks Market:

- Global Market Overview, Drivers, Restraints and Opportunities, Segmentation overview
- Global Market competition by top Players
- Analysis by Regions
- Consumption by Regions
- Consumption, By Types, Revenue and Market share by Types
- Consumption, By Applications, Market share (%) and Growth Rate by Applications
- Complete profiling and analysis of Players
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Global Market Effect Factors Analysis
- Global Market Forecast
- Global Market Research Findings and Conclusion, Appendix, methodology and data source

Finally, all aspects of the Global Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall statistical study of this market on the basis of market drivers, limitations and its future prospects. The report supplies the international economic competition with the assistance of Porter's Five Forces Analysis and SWOT Analysis.

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How we have factored the effect of Covid-19 in our report:

All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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