Press release
Water Based Inks Market Growth, Trends, Competitive Analysis Forecast To 2021
Precision Business Insights published a research report on “Global Water Based Inks Market: By Process (Flexographic, Gravure and Others), By Resin Type (Shellac, Maleic, Acrylic and Others), By Application (Corrugated cardboards, Flexible packaging, Folding cartons, Tags & Labels and Others) and Geography- Global/Region/Country Forecast to 2027". The global water based inks market predicted to be valued at US$ XX Mn in the year 2020 and anticipated to value at considerable CAGR rate over the forecast time span 2021-2027.Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and --other qualitative sections with an in-depth TOC on " Global Water Based Inks Market: By Process (Flexographic, Gravure and Others), By Resin Type (Shellac, Maleic, Acrylic and Others), By Application (Corrugated cardboards, Flexible packaging, Folding cartons, Tags & Labels and Others) and Geography- Global/Region/Country Forecast to 2027"
View detailed report description here https://precisionbusinessinsights.com/market-reports/global-water-based-inks-market/
Growing Demand for Water Based Inks from Packaging Industry is driving the Market Growth
Food packaging is one of the important segments in the packaging sectors as it points out both quality-of-life issues and basic needs of people. It offers customers with a huge array of data, which can be of vital significance to their health to degree of freshness, ingredients, color, nutritional values and shelf life. Water based inks play an important role for the printing and ink industry as they have several environmental advantages to provide. If compared with solvent-based inks, water-based inks have more composite formulations due to their lower drying speed, various rheological properties, pH balance, foaming problems and higher surface tensions. The drying time is the chief disadvantage of water based inks if compare with solvent based inks.
There are several key factors driving the global water based inks market such as constant product novelties like pH stable inks development, increasing environment and safety problems, growing demand for printing inks from the flexible packaging and increasing demand for environment friendly inks. On the other hand, there are a few factors limiting the growth of the market such as slow drying and printing speed and inability to work across alkaline environment.
Asia Pacific Witnesses Larger revenue Share in the Global Water Based Inks Market
Asia Pacific experiences larger revenue share in the global water based inks market with significant CAGR rate. The growth in the region is fuelled by the factors such as the growth of industries like newspaper and packaging in the region and leading water based inks manufacturers operating in the region. Furthermore, North America witnesses significant market share during the forecast time span because of increasing investment in the marketing of beverages and food and growing advertisement sectors. Another most vital factor contributes greatly in the market growth is expansion of packaging industry. There are different global organizations and governments taking several strict measures in reply to the increasing demand for more sustainable products as well as the requirement to balance environmental worries with social and economic interests.
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Global Water Based Inks Market - Competition Analysis
Major key players profiled in the global water based inks market are DIC Corporation (Japan), Dow Corning Corporation (U.S), Flint Group (Luxembourg), Huber Group (Germany), Sakata Inx (Japan), Siegwerk Druckfarben AG & Co. KGaA (Germany), T&K Toka (Japan), The Sherwin-Williams Company and Toyo Ink S.C. Holdings (Japan).
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We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
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