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Global Gravure Printing Ink Market by Type (Conventional Gravure Ink, Plastic Gravure Ink, Alcohol Soluble Gravure Ink), By Application (Packaging, Publication, Product, Promotion, Othes) And By Region (North America, Latin America, Europe, Asia Pacific a

05-05-2023 12:56 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: We Market Research

Global Gravure Printing Ink Market

Global Gravure Printing Ink Market

Market Overview:
The global Gravure Printing Ink market was valued at USD 3.34 billion in 2022 and expected to grow at a CAGR of 4.6% during the forecast period.

Product Definition:
An ink used in gravure printing is called gravure printing ink. An image is etched into a cylinder for gravure printing, which uses the cylinder to transfer the picture to paper. Because gravure printing involves high heat and pressure, the ink must be very resistant to both of these forces.

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Introduction
Gravure printing is a popular technique used to print high-quality images and text onto a wide range of materials, including paper, plastic, and metal. This technique is used in a variety of industries, including packaging, publishing, and textiles, among others. The gravure printing process requires the use of a specialized ink that is specifically designed for this application. The global gravure printing ink market has experienced significant growth in recent years, driven by a growing demand for high-quality printing.

Global Gravure Printing Ink Market
The increasing demand for high-quality printing in various industries, including packaging and publishing, is a major factor driving the growth of this market. Additionally, advancements in technology, such as the development of eco-friendly inks, are also contributing to market growth.

Some of the key players operating in the market are:
• Dainichiseika Color & Chemicals Mfg Co. Ltd.
• DIC Corp.
• Flint Group
• InkTec Co. Ltd.
• SAKATA INX Corp.
• Siegwerk Druckfarben AG & Co. KGaA
• T&K TOKA Co. Ltd.
• Tokyo Printing Ink Mfg Co.Ltd.
• Toyo Ink SC Holdings Co. Ltd.
• Wikoff Color Corp.
• Others

Segments
By Type
• Solvent-based Gravure Printing Inks
• Water-based Gravure Printing Inks

By Resin
• Nitrocellulose
• Polyamide
• Acrylic
• Polyurethane

By Application
• Packaging
• Publication
• Furniture
• Others

By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt

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Market Challenges
Despite the growth prospects, there are several challenges that the global gravure printing ink market is facing. One of the major challenges is the increasing demand for digital printing technologies, which are replacing traditional printing techniques. Additionally, the rising prices of raw materials used in the manufacturing of gravure printing inks are also a major challenge for market growth.

Key Market Trends
Increasing Demand for Water-Based Inks
Water-based gravure printing inks are becoming increasingly popular due to their eco-friendliness and low VOC emissions. These inks are also preferred over solvent-based inks, as they do not require harsh solvents for cleaning and offer better print quality.

Growing Demand from the Packaging Industry
The packaging industry is a major end-user of gravure printing inks, with the demand for high-quality packaging materials driving market growth. The increasing demand for sustainable packaging solutions is also expected to drive market growth in the coming years.

Advancements in Technology
Advancements in technology, such as the development of eco-friendly inks, are contributing to market growth. Manufacturers are also focusing on developing inks that offer better print quality, durability, and faster drying times.

Competitive Landscape
The global gravure printing ink market is highly competitive, with several established players operating in the market. Some of the key players in the market include DIC Corporation, Flint Group, Sakata INX Corporation, Toyo Ink SC Holdings Co., Ltd., T&K TOKA Co., Ltd., Sun Chemical Corporation, and ALTANA AG, among others.

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Conclusion
The global gravure printing ink market is expected to experience significant growth in the coming years, driven by a growing demand for high-quality printing in various industries. The increasing demand for water-based inks, growing demand from the packaging industry, and advancements in technology are also contributing to market growth. However, the market is facing several challenges, including the increasing demand for digital printing technologies and rising prices of raw materials. To stay competitive, manufacturers must focus on developing eco-friendly inks that offer better print quality and durability.

Reasons to Get this Report:
The analysis covers global market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global market across sections such as also application and representatives.

In an insight outlook, this research report has dedicated to several quantities of analysis - industry research (global industry trends) and global market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of global market; high-growth regions; and market drivers, restraints, and also market chances.

Additionally, the analysis also has a comprehensive review of the crucial players on the global market together side their company profiles, SWOT analysis, latest advancements, and business plans.

Contact Us:
We Market Research
Phone: +1(650)-666-4592
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/

About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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