Dublin, Jan. 24, 2024 (GLOBE NEWSWIRE) — The “Flexographic Inks – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Flexographic Inks estimated at US$4 Billion in the year 2022, is projected to reach a revised size of US$5.7 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Water-Based, one of the segments analyzed in the report, is projected to record a 5.2% CAGR and reach US$2.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Ultraviolet (UV) & Electron Beam (EB) Based segment is readjusted to a revised 4.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 7.6% CAGR
The Flexographic Inks market in the U.S. is estimated at US$1.1 Billion in the year 2022. China is forecast to reach a projected market size of US$1.2 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$760.9 Million by the year 2030.
Select Competitors (Total 46 Featured) –
- Alden & Ott Printing Inks Co.
- Braden Sutphin Ink Company
- Color Resolutions International
- DIC Corporation
- Flint Group
- Nazdar Company Inc.
- Sakata INX Corporation
- Siegwerk Druckfarben AG & Co. KgaA
- T&K Toka Co., Ltd.
- Toyo Ink SC Holdings Co., Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2022 – 2030 |
| Estimated Market Value (USD) in 2022 | $4 Billion |
| Forecasted Market Value (USD) by 2030 | $5.7 Billion |
| Compound Annual Growth Rate | 4.5% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Flexographic Printing: Disruptive Innovation
- Automation and Digitalization Key Trends in the Evolving Flexographic Ink Market
- Water Based Inks: Performance Similar to Solvent Based Inks
- Water Based Ink and Solvent Based Ink: Pros and Cons
- Flexography, the Preferred Option for Printing on Corrugated Boards
- Selection of Raw Material Critical for Flexographic Printing in Flexible Packaging
- Type of Inks for Surface Printing and Lamination
- Efficient Flexographic Label Printing Highly SuiTable for High Volumes
- Issues with Flexographic Printing
- Digitization: A Major Challenge
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
A selection of companies mentioned in this report includes
- Alden & Ott Printing Inks Co.
- Braden Sutphin Ink Company
- Color Resolutions International
- DIC Corporation
- Flint Group
- Nazdar Company Inc.
- Sakata INX Corporation
- Siegwerk Druckfarben AG & Co. KgaA
- T&K Toka Co., Ltd.
- Toyo Ink SC Holdings Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/vf43wc
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- Global Market for Flexographic Inks
