Press release
Gravure Printing Inks Market Growing Demand Forecast 2022-2028
The global gravure printing inks market size is expected to reach USD 5.06 billion by 2028, at a CAGR of 4.6% during the forecast period 2022-2028. Liquid inks having a very low viscosity are gravure inks. They can then be transferred onto substrates by being pulled into etched cells in cylinders as a result. The paper is put through gas- or electric-fired dryers to dry the ink and drive out solvents or water. Before the paper gets to the next printing station on the press, the ink has already dried. This is required since it's impossible to overprint with wet inks without them smearing and smudging. As a result, a substantial number of air dryers are installed after each printing station.View the detailed report description here - https://precisionbusinessinsights.com/market-reports/global-gravure-printing-inks-market/
The Gravure Printing Inks Market Growth Factors:
Due to product advantages, such as lower per-unit costs and better image reproduction capabilities, the gravure printing inks market is anticipated to have significant expansion. Inks for gravure printing are frequently utilized in packaging processes. As a result, the market for gravure printing inks may also benefit significantly from the booming packaging sector. Due to strong demand from numerous industries, the packaging sector continually has a competitive advantage, which ultimately improves the possibilities for global market growth. The market for gravure printing inks is mostly controlled by well-known companies. As a result, the market for gravure printing inks has consolidated. The market participants for gravure printing inks are engaging in R&D activities to create cutting-edge products. Additionally, these actions shed light on numerous facets of consumer acquisition techniques. The trajectory of growth for the gravure printing ink market includes major contributions from acquisitions, expansions, joint ventures, and partnerships.
The Gravure Printing Inks Market Segmentation:
The global gravure printing inks market on the basis of Resin Type, the market is segregated into Polyurethane, Polyamide, Acrylic, Nitrocellulose and Others. Based on Technology, the market is divided into Water-Based, Solvent-Based and Others (including UV-curable)). Based on Application, the market is fragmented into Publication, Promotion, Packaging and Others.
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The Gravure Printing Inks Market Regional Analysis:
The rise in demand for gravure printing inks, particularly in the packaging industry, can be attributed to the region's increased use of these inks. One of the economies in the world that is expanding quickly in India. The expansion of the gravure printing inks market in India has been greatly aided by the implementation of favorable government laws as well as the creation of small and medium-sized businesses. A sizable portion of the worldwide gravure printing inks market is made up of products from Europe and North America. Because of the sluggish growth of end-use sectors, market expansion in these areas is probably going to slow down.
Key players' profiles in the gravure printing inks market report are DIC Corporation, Flint Group, Sakata Inx Corporation, Shivasakhti Printing Ink, Siegwerk Druckfarben Ag & Co. KGAA, Sun Chemical, Tokyo Printing Ink MFG Co. Ltd.
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