Press release
Imaging Chemicals Demand Will Be Expanded by the Growing Transition to Digital Printing
In FY 2022, the market for imaging chemicals will likely be worth US$ 26.94 billion, up from US$ 25.43 billion in FY 2021. The industry saw a Y-o-Y gain of 5.9% over the past year. Imaging Chemicals sales are anticipated to grow at a CAGR of 6% between 2022 and 2032, reaching a value of US$ 48.2 billion by the end of that year.During the historical assessment period of 2015-2021, the demand for printing inks is expected to grow at a CAGR of 6%, while the demand for imaging chemicals for medical diagnostics grew at a pace of 7%. North America will control the worldwide market and have a $12.5 billion growth opportunity between 2022 and 2032.
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How Increasing Transition towards Digital Printing Will Widen Imaging Chemical Demand Outlook?
Rapid technical progress is permeating many areas of printing and packaging technology. The need for printing chemicals made from various raw materials is significantly increasing due to demands for shorter turnaround times, excellent print ink quality, and lower costs.
According to Fact.analysis MR's of the market for imaging chemicals, strict labelling and packaging laws imposed by governmental bodies and regulatory organisations are driving up the demand for clear printing solutions and opening the door for the adoption of high-quality imaging chemicals in the future.
Key Companies Profiled
• Agfa-Gevaert NV
• Altana AG
• Dainichiseika Color & Chemicals Mfg. Co. Ltd.
• DIC Corporation
• Eastman Kodak Company
• Flint Group
• FUJIFILM Holdings Corporation
• Sakata INX Corporation
• SICPA Holding SA
• Siegwerk Druckfarben AG & Co. KGaA
• T&K Toka Co. Ltd.
• Toyo Ink SC Holdings Co. Ltd.
• Vivimed Labs Ltd.
• Wikoff Color Corporation
What insights this research provides to readers?
• Imaging Chemicals fragmentation on the basis of product type, end use, and region.
• Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
• Collaborations, R&D projects, acquisitions, and product launches of each Imaging Chemicals player.
• Various regulations imposed by the governments on the consumption of Imaging Chemicals in detail.
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Based on precise data trends and classification, we provide one of the most thorough and understandable regional breakdowns of the global Imaging Chemicals market. With regard to a variety of industries, from developing markets to regional markets, our specialists provided insightful analysis. Expect a thorough examination of the most significant economies in the globe, both internationally and globally.
The most recent market research report, which is being distributed to a global audience, offers business forecasts, growth trends in important regions, and development developments. The thorough market research helps customers navigate the data and understand the analysis. A deeper understanding of the industry, thorough predictions, product production, and overall market income can all be aided by geographic market research.
Imaging Chemicals Market: Segmentation
• By Application :
o Printing & Packaging
o Medical Diagnostics
o Textile Processing
o Other Applications
• By Product :
o Imaging Chemical Printing Inks
o Imaging Chemical Developers
o Other Imaging Chemical Products
• By Region :
o North America
o Latin America
o Europe
o Asia Pacific
o Middle East & Africa
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The key perks of this report address the following questions-
• What are the key highlights of our Imaging Chemicals market research report?
• What are impelling reasons for buying this report?
• What makes this Imaging Chemicals market report distinct from others?
• What are the key benefits of this Imaging Chemicals market research report?
• What objectives are met under this market research report?
• What research methodology do we use at FactMR?
• What insights this research provides to readers?
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