openPR Logo
Press release

Advent of 3D Printing Compels Manufacturers of Specialty Printing Consumables in U.S. to Focus on Product Innovation

11-29-2017 11:55 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
The recuperating economy of the U.S. has offered a substantial growth opportunity to the market for specialty printing consumables in this country. The construction of new offices and the rejuvenation of older ones in order to support business activities have propelled the application of these consumables significantly.

Additionally, the rise in demand for digital cameras as well as color laser printing is boosting the adoption of these consumables across the nation. The current trend among U.S. citizens of in-house printing of photographs is also adding significantly to this growing demand.

Going forward, the growing application of specialty printing consumables in various printing procedures such as marking of tags and labels and printing on consumer products is expected to boost their demand substantially over the next few years. In 2015, the opportunity in the U.S. specialty printing consumables market was pegged at US$24.09 bn. Rising at a CAGR of 4.4% between 2016 and 2024, it is expected to be worth US$35.75 bn by 2024.

Obtain Report Details @

https://www.transparencymarketresearch.com/us-specialty-printing-consumables.html

On the whole, the opportunity in this market looks rewarding; however, the lack of raw materials, coupled with stringent regulations regarding their usage, is likely to hamper the adoption of these consumables to some extent in the near future. Apart from this, the rapid advent of electronic media replacing the concept of paper printing in this country will pose a serious threat to the market’s growth over the next few years.
u-s-specialty-printing-consumables-market

Toners to Remain Leading Specialty Printing Consumables

Inks, toners, chemicals, and specialty substrates are the key specialty printing consumables available in the global market. In 2015, the demand for toners was the highest among these with a share of just over 48%. The segment is likely to remain dominant for the rest of the forecast period, expanding at a CAGR of 4.5%.

The specialty substrate segment is also anticipated to register significant growth in the coming years. An upswing in the adoption of digital cameras is projected to boost the demand for these substrates at a 5.4% CAGR from 2016 to 2024.

Lithographic Printing Extensively Used across Key Product Types

The lithographic printing segment of the overall specialty printing chemicals market in the U.S. contributed majority market share in 2015 by printing process and is likely to retain its dominance throughout the forecast period. Digital printing, on the other hand, is anticipated to register a CAGR higher than any other segment from 2016 to 2024.

Request Sample @

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=833

TMR finds that lithographic printing as well as digital printing will continue to have a significant impact on the specialty printing consumables product market, be it toners, inks, specialty substrates, and chemicals.

In 2015, the office and professional segment of the U.S. specialty printing consumables market emerged as the key contributor by application and is forecast to retain its lead through 2024. This segment is also projected to expand at a pace greater than other application segments.

Research analysts at TMR have noted that while the office and professional application segment will retain its dominance in the specialty printing consumables product market, the segment expanding at the fastest pace will differ from product to product. The commercial printing and publishing sector has been identified as one of the rapidly growing application segments.

The specialty printing consumables market in the U.S. is led by HP Development Co., Xerox Corp., DIC Corp., Canon Inc., and Eastman Kodak Co. Some of the other prominent manufacturers of specialty printing consumables in this nation are Claire Manufacturing Co., Arizona Chemical, American Ink Jet Corp., 3M, and FUJIFILM.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advent of 3D Printing Compels Manufacturers of Specialty Printing Consumables in U.S. to Focus on Product Innovation here

News-ID: 837411 • Views: 176

More Releases from Transparency Market Research

Food Premix Market Observe Substantial Growth by 2018-2026
Global Food Premix Market: Overview Globally, the parents are more conscious about their baby food. They prefer to give healthy and high nutritional content to their babies. This has led the demand in the global food premix market Read report Overview- https://www.transparencymarketresearch.com/food-premix-market.html Based on form and application are likely to be the key segments in which the market can be divided. Food & beverages, early life nutrition/ baby food, pharma OTC drugs, dietary supplements,
Calcium Silicate Market with Positive Long-Term Growth Outlook, 2016-2023
Calcium silicate, also known as calcium orthosilicate, is a white powder derived from diatomaceous earth and limestone. It is obtained by reacting calcium oxide and silica in various ratios. Calcium silicate possesses properties such as high physical water absorption and low bulk density. Due to these special physical characteristics calcium silicate has several applications in the construction sector. It is also used as a food additive in the food processing
Polysulfides Market Scope and Opportunities Analysis 2015– 2023
Polysulfides are chemical compounds that primarily comprise chains of sulfur atoms. These compounds exhibit various functional properties due to which they are chiefly consumed in building & construction, marine, aerospace, glass insulation, and polymer processing industries. Polysulfides possess high flexibility, high tensile strength, impermeability, chemical and weather resistance, and heat insulation. Read report Overview- https://www.transparencymarketresearch.com/polysulfides-market.html Hence, they are favorably used in coating and sealing applications. These sulfur compounds are generally classified as anionic
CRISPR and Cas Genes Market Compnies Size, Future Trends, Segmentation, Gross Ma …
Transparency Market Research (TMR) has published a new report titled, “CRISPR and Cas Genes Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global CRISPR and Cas genes market was valued at US$ 7,234.5 Mn by 2026, expanding at a CAGR of around 20.1% from 2018 to 2026. Increase in applications of CRISPR and Cas gene editing technology in bacteria and usage

All 5 Releases


More Releases for CAGR

Polyisobutylene Market at a CAGR of 5.60%
Transparency Market Research (TMR) witnesses the global polyisobutylene market has a highly fragmented competitive scenario. Some of the companies operating in the global polyisobutylene market are Lanxess, Nizhekamskneftekhim, and ExxonMobil Corp. accounted for 65% in 2016. The key players in this market have taken up profoundly imaginative marketing systems, for example, incorporated tasks with licensed innovations for the further advancement of their organizations. These organizations are additionally expected to forcefully
Probiotic Ingredients Market at a CAGR 6%
A hectic lifestyle, result of longer and more demanding work days and work life, is leading to consumers shift preferences in terms of plugging the dietary gaps. While it is a logical outcome of this lifestyle that more and more people have no time to prepare elaborate meals, packed with nutrition, it is also true that awareness regarding the same is leading to hustle for capsule health. Read report Overview- https://www.transparencymarketresearch.com/probiotic-ingredients-market.html What this
Xanthates Market CAGR to Grow at 4.7%
Persistence Market Research in its latest report projects that the global xanthates market will grow at a CAGR of 6.1% over the forecast period (2017-2025). Owing to Xanthates’ excellent mineral ore processing capabilities, its global sales have witnessed a significant rise in recent years. Mining complexity and declining ore quality have led to a major increase in demand for specialty chemicals to process ores. Towards the end of 2025, around
Global Serious Games Market Show 19.2% CAGR
A new report added by Allied Market Research, forecast that the global serious games market was valued at $2,731 million in 2016, and is projected to reach $9,167 million by 2023, growing at a CAGR of 19.2% from 2017 to 2023. The consumers segment is anticipated to grow at the highest rate during the forecast period. Asia-Pacific generated the highest revenue in the global serious games market in 2016 due to
Biogas Market CAGR to Grow at 6.5%
Global demand for biogas has witnessed a spike in demand, owing to mounting concerns over depleting fossil reserves and environmental impact of conventional fuels. According to Future Market Insights, global biogas market revenues totalled nearly US$ 24.5 Bn in 2015. During the forecast period 2016-2026, global biogas revenues are estimated to reach US$ 48, 761.2 million, growing at a steady 6.5% CAGR. Between 2016 and 2026, the global biogas revenues
Bioinsecticides market expecting CAGR 5.4%
Reports And Markets Publish a New Market Research Report On –"Bioinsecticides market- Growth, Trends, Forecast for the period (2017 - 2022)" Access Full Report With Table Of Contents @ https://www.reportsandmarkets.com/reports/1071910-global-bioinsecticides-market-growth-trends-forecast-for-the-period-2017-2022 Pesticides constitute the largest category within the market for crop protection chemicals, with biopesticides accounting for a comparatively minute share. Global consumption of synthetic insecticides is projected to reach 833.32 thousand tons by volume and USD 19.6 billion by value by 2020