Press release
Solvent-based Inks Market Is Projected To Reach US$7.92 bn by 2024
This research study analyzes the market for solvent-based inks in terms of revenue (US$ Mn) and volume (kilo tons). The solvent-based inks market has been segmented on the basis of product, printing type, end use applications, and geography. The report features a detailed regional segmentation with market growth forecasts for the 2016?2024 period. For the research, 2015 has been considered as the base year and 2016 the estimated year, while all forecasts have been given for the period from 2016 to 2024. Market data for all the segments has been provided at the regional and country-specific levels from 2016 to 2024. The report provides a broad competitive analysis of companies engaged in the development of solvent-based inks technologies for the solvent-based inks business. The report also includes key market dynamics such as the drivers, restraints, and opportunities affecting the global solvent-based inks market. These market dynamics are analyzed in detail and are illustrated in the report with the help of supporting graphs and tables. The report also provides a comprehensive analysis of the market with the help of the Porter’s Five Forces Analysis model, which helps in understanding the five major forces that affect the structure and profitability of the global solvent-based inks market. The forces analyzed are the bargaining power of buyers, the bargaining power of suppliers, the threat of new entrants, the threat of substitutes, and the degree of competition.
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The high-level analysis in the report provides detailed insights into the solvent-based inks business globally. There are currently several drivers for the market. The most prominent drivers include rapid growth in the packaging industry along with growth in the digital printing industry. Market attractiveness analysis was carried out for the solvent-based inks market on the basis of product type, printing type, application, region, and country. Market attractiveness was estimated on the basis of common parameters that directly impact the market.
On the basis of printing type, the market has been segmented into lithographic, gravure, flexographic, screen-printing, letterpress, and digital. On the basis of product type, the market has been segmented into vinyl inks, vinyl-acrylic inks, epoxy inks, polyurethanic inks, and cellulose inks. By application, the solvent-based inks market has been segmented by various end-use applications, including packaging, advertising, tags & labels, books & catalog, office stationery, magazines, newspaper, and other applications.
In terms of geography, the market has been segmented into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and Latin America. China is expected to remain the dominant market for solvent-based inks, with demand reaching 275.7 kilo tons by 2024. A zero tax agreement between ASEAN and China has created a stable position for ASEAN, which is expected to expand at a CAGR of 3.2% between 2016 and 2024.
India is one of the fastest-growing economies in the world. Favorable government regulations and emergence of medium and small enterprises in India have contributed significantly to the solvent-based inks market.
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Key players in the solvent-based inks market are Tokyo Printing Ink Mfg. Co. Ltd., Dainichiseika Color & Chemicals Mfg. Co., Ltd., Sun Chemical Corporation, Flint Group, Toyo Ink SC Holdings Co., Ltd., Lawter Inc. , Yansefu Inks and Coatings Pvt. Ltd., Siegwerk Druckfarben AG & Co. KGaA, Sakata INX Corporation, Huber Group, Zeller+Gmelin GmbH & Co. KG, ALTANA AG, Wikoff Color Corporation, SICPA Holding SA, Fujifilm Sericol India Private Limited, Royal Dutch Printing Ink Factories Van Son and T&K Toka Co., Ltd. The report provides an overview of these companies, followed by their financial details, business strategies, and recent developments.
Solvent-based Inks Market: By Printing Type
Lithographic
Gravure
Flexographic
Screen-printing
Letterpress
Digital
Solvent-based Inks Market: By Product Type
Vinyl Inks
Vinyl-Acrylic Inks
Epoxy Inks
Polyurethanic Inks
Cellulose Inks
Solvent-based Inks Market: By Application
Packaging
Books & Catalogue
Advertising
Tags & Labels
Office Stationery
Magazines
Newspaper
Others
Solvent-based Inks Market: By Region
North America
The U.S.
Canada
Europe
The U.K.
France
Germany
Spain
Italy
Rest of Europe
Asia Pacific
China
Japan
India
ASEAN
Rest of Asia Pacific
Middle East & Africa
GCC
Egypt
South Africa
Rest of Middle East and Africa
Latin America
Brazil
Mexico
Rest of Latin America
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Table of Content
Section 1 Preface
1.1 Report Scope and Market Segmentation
1.2 Research Highlights
1.3 Research Objectives
1.4 Key Questions Answered
Section 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Abbreviations Used
2.3 Research Methodology
Section 3 Executive Summary
3.1 Global Solvent based Inks Market Size, by Market Value (US$ Mn) and Market Value Share, by Region
3.2 Key Trends
Section 4 Market Overview
4.1 Product Overview
4.2 Market Indicators: Global Solvent based Inks
4.3 Drivers, Restraints & Opportunities
4.4 Global Solvent based Inks Market Analysis and Forecasts, 2016 – 2024
4.5 Global Solvent based Inks Demand-Supply & Price Trend Analysis and Forecasts, 2014 – 2024
4.6 Porter’s Five Force Analysis
4.7 Value Chain Analysis
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