(EMAILWIRE.COM, December 03, 2018 ) Printing inks are liquids that contain pigments or dyes that are used to produce images, text and designs with a printing machine. They are widely used in letterpress and lithographic printing. These includes printing Inks, inkjet Inks, inkjet cartridges.
The printing inks market is segmented into Oil-Based Printing Inks, Solvent Based Printing Inks, and Water-Based Printing Inks.
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The global printing inks market size showed a decline till 2014, and a slow growth there onwards with a CAGR of just over 0.5%. The year 2017 recorded highest ever market value in this industry as per TBRCs inhouse consultants. The global printing inks market was valued at around $21 billion in 2017.
TBRCs latest report show the historic and future trends in the market for each year with sourced reasons to support the growth claims.
The report also shows the printing inks market to grow at a higher CAGR by 2021 as compared to 2017.
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Technology is expected to be a continued driver of market growth during this period. Sectors such as this one will benefit from the greater efficiencies offered by these technologies. The technologically-advanced UV Flexo inks allow printers to improve print quality, productivity and provide a safer environment in the pressroom. According to a product manager at Fujifilm UK, ‘UV flexo inks used for label printing can have a dramatic effect on the efficiency, cost of production and quality of the output.
TBRCs latest report will cover in depth understanding and calculated impacts of each market factor on a global as well as regional level, to analyze the best investment strategy for this market.
Top companies in the printing ink industry included in the report are DIC Corporation, Flint Group, Sakata Inx, Siegwerk Druckfarben AG & Co and Altana AG.
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