Gravure Printing Inks Market to Reach US$ 4,677.6 Mn by 2026

The global gravure printing inks market was valued at US$ 3,227.1 Mn in 2017 and is anticipated to expand at a CAGR of 4.3% from 2018 to 2026, according to a new report titled 'Gravure Printing Inks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026,' published by Transparency Market Research (TMR) . The global gravure printing inks market is driven by low per-unit costs offered by gravure printing.

View Complete Report @ https://www.transparencymarketresearch.com/gravure-printing-ink-market.html

Rise in Demand for Gravure Printing Inks in Packaging Industry to Drive Market

Growth of the packaging industry is the primary factor boosting the global gravure printing inks market. Expansion of transportation and packaging industries across the globe, especially in developing regions, and rise in industrialization are augmenting the global gravure printing inks market. Gravure printing inks can be used in printing materials such as polyester, oriented polypropylene (OPP), nylon, and polyethylene (PE). This is also a key factor boosting the demand for gravure printing inks. Gravure is a preferred printing process in the packaging industry due to its ability to print on thin films such as polyester, nylon, and polyethylene. This is estimated to fuel the demand for gravure printing inks across the globe in the next few years.

Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2196

Increase in Demand for Water-based Gravure Inks Expected to Propel Market

Certain regions in the world have enacted environmental regulations regarding emission of volatile organic compounds (VOC) from solvent-based printing inks. Several countries around the globe are increasing the usage of water-based inks in various printing applications in order to comply with these environmental regulations. Led by their sustainability, gravure inks are replacing solvent-based inks in various applications.

Request for Customization @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2196

Rise in Application of Flexographic Inks to Restrain Market

Flexographic printing inks have been rapidly supplanting traditional gravure printing inks. This is expected to act as a major factor restraining the gravure printing inks market. Flexographic printing is replacing conventional gravure printing in many regions, as these inks consume less ink, require less manpower, and have fast changeover. Demand for flexographic inks in several countries in North America and Europe has increased in the last few years. This is hampering the gravure printing inks market in these regions.

Buy Gravure Printing Ink Market Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=2196<ype=S

Nitrocellulose Resin Segment to Dominate Global Gravure Printing Inks Market

The global gravure printing inks market has been segmented based on resin, technology, application, and region. In terms of resin, the market has been segregated into nitrocellulose, polyamide, polyurethane, acrylic, and others (including polyester, maleic, ketonic, and polyvinyl). The nitrocellulose segment dominated the gravure printing inks market in 2017. Nitrocellulose is a basic substance used for ink formulations in the mono- and bi-components form. The material is significantly used due to its advantages such as easy drying; film forming ability; low cost; heat resistance; solubility in alcohol-ethers mixtures, ketones, and esters; and dilatability in hydrocarbons. It has low odor, good degree of dimensional stability, and limited resistance to acids and alkalis.

Water-based Technology Segment Dominates Gravure Printing Inks Market

Based on technology, the global gravure printing inks market has been classified into water-based, solvent-based, and others (including UV-curable). Solvent-based gravure printing inks are among the widely used gravure inks in the world. This can be primarily ascribed to their ability to dry quickly and ease of adaptation on various substrates. On the other hand, water-based gravure printing inks are gaining momentum, as these inks comply with several environmental regulations.

High Degree of Competition among Market Players

High degree of competition exists among players operating in the global gravure printing inks market. The market is dominated by a few major players and is moderately consolidated. Prominent players operating in the market include Flint Group, DIC Corporation, Tokyo Printing Ink MFG Co. Ltd., Sakata Inx Corporation, Siegwerk Druckfarben Ag & Co. KGAA, Hubergroup Deutschland GmbH, Dainichiseika Color & Chemicals Mfg. Co., Ltd., and Wikoff Color Corporation.

Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry @ https://www.prnewswire.com/news-releases/wall-putty-market-to-reach-a-valuation-of-us-6-5-bn-by-2027-emergence-of-new-players-to-toughen-the-competition-in-the-global-market-transparency-market-research-301012427.html

Visit Chemicals & Materials Case Study @ https://www.transparencymarketresearch.com/casestudies/chemicals-and-materials-case-study

Contact

Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: corporate.cmfe@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

This release was published on openPR.