Press release
Pharmaceutical Inks Market Growth Drivers, Developments, Technology And Future Trends 2031
Theย global pharmaceutical inks marketย was valued at US$ 2.8 Bn in 2017 and is anticipated to expand at a CAGR of more than 5.0% from 2018 to 2026, according to a new report by Transparency Market Research (TMR) titledย 'Pharmaceutical Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026.' Pharmaceutical inks are used on pharmaceuticals to print vital information about medicines such as name, manufacturing location, and expiry date. These inks are also used to print designs, logos, and colors on medicines. Furthermore, they are employed in interior and exterior packaging of medicines.๐๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ: https://www.transparencymarketresearch.com/pharmaceutical-inks-market.html
Increase in Health Awareness to Boost Marketย
Awareness about health is rising rapidly in developing countries such as Brazil, China, and India. Increasing number of people in these countries are able to purchase medicines. Consequently, the consumption of pharmaceuticals has risen in the last few decades. This is directly boosting the consumption of pharmaceutical inks. These inks are used in pharmaceuticals to print important information. They are also used to print designs and colors on medicines. Furthermore, they are employed in interior packaging and exterior packaging of medicines. Thus, the consumption of pharmaceutical inks is expected to increase along with the rise in consumption of pharmaceuticals.ย
๐๐ฆ๐ฆ๐๐๐ข๐๐ญ๐ ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ข๐ฅ๐๐๐ฅ๐ | ๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ - https://www.transparencymarketresearch.com/checkout.php?rep_id=60642<ype=S
Need to Select Right Solventย
Technological improvement in manufacturing processes and increase in demand for pharmaceuticals have led to faster production of pharmaceuticals. Production of pharmaceutical inks needs to keep pace with the production of pharmaceuticals. Furthermore, these inks need to dry quickly after their application on packaging or medicines. Pharmaceutical ink manufacturers have started employing various solvents to aid the drying process. However, the use of wrong solvents can adversely affect the environment as well as the health of patients consuming pharmaceuticals. Solvents need to be selected after careful consideration. This has adversely affected the development of new pharmaceutical inks, thereby hampering the market.ย
Partnerships between Pharmaceutical Manufacturers and Pharmaceutical Ink Manufacturers to Drive Marketย
A wide range of pharmaceutical inks are available in the market. This can confuse pharmaceutical manufacturers. However, pharmaceutical ink manufacturers, who employ ink chemists and coding specialists, can help narrow down the choice for pharmaceutical manufacturers by considering various factors such as production environment, weather conditions, material to be printed upon, types of solvents, recyclability, environment-friendly requirements, and pace of manufacturing the inks.ย
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐: ย https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=60642
Global Pharmaceutical Inks Market Segmented Based on Type, Pharmaceutical Type, Application, and Regionย
In terms of type, the global pharmaceutical inks market has been segmented into water-based, solvent-based, edible inks, and others (including custom solvents). The solvent-based segment accounts for prominent share of the pharmaceutical inks market, as these inks offer advantages such as low cost and efficiency of printing. Based on pharmaceutical type, the market has been segregated into solids, semi-solids, and liquids. The liquids segment holds major share of the market. Liquid pharmaceuticals require large amount of pharmaceutical inks because of the larger surface area covered by their packaging. Based on application, the global pharmaceutical inks market has been classified into capsules, interior packaging, and exterior packaging. The exterior packaging segment constitutes dominant share of the market, considering the wide range of information that needs to be printed. This includes name of the product, company, logos, and manufacturing and expiry details. In terms of region, the market has been split into North America (the U.S. and Canada), Latin America (Brazil, Mexico, and Rest of Latin America), Europe (Germany, the U.K., France, Italy, Spain, Russia & CIS, and Rest of Europe), Asia Pacific (China, India, Japan, ASEAN, and Rest of Asia Pacific) and Middle East & Africa (GCC, South Africa, and Rest of Middle East & Africa). Europe is the prominent consumer of pharmaceutical inks, primarily due to the large amount of pharmaceuticals manufactured and the higher price of pharmaceutical inks in the region.ย
High Level of Competition in Fragmented Marketย
Pharmaceutical inks is a highly fragmented market with a large number of local manufacturers. The market also consists of multinational companies such as Toyo Ink SC Holdings Co. Ltd., Videojet Technologies Inc., Markem-Imaje, and Sun Chemicals. It is relatively easy to enter the pharmaceutical inks market; hence, the numbers of players in the market are expected to increase during the forecast period.ย
๐๐ฅ๐ข๐๐ค ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=60642
Pharmaceutical Inks Market, by Type
Water-based
Solvent-based
Edible Inks
Others (including Custom Solvents)ย
Pharmaceutical Inks Market, by Pharmaceutical Type
Solids
Semi-solids
Liquidsย
Pharmaceutical Inks Market, by Application
Capsules
Interior Packaging
Exterior Packagingย
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Hot Melt Adhesives Market - https://www.digitaljournal.com/pr/hot-melt-adhesives-market-growing-demand-and-huge-future-opportunities-by-2031
Thermoplastic Elastomers Market - https://www.digitaljournal.com/pr/thermoplastic-elastomers-market-industry-improvement-status-and-outlook-by-2031
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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