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.
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The global printing inks market has shown decline till 2014 and a slow growth then onwards in the past years with a CAGR of just over 0.5%. The year 2017 recorded highest ever market value in this industry as per TBRC’s inhouse consultants.
TBRC’s 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, along with geographies best suited for investments with highest return rate.
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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.
TBRC’s 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.
Companies included in the report are DIC Corporation, Flint Group, Sakata Inx, Siegwerk Druckfarben AG & Co and Altana AG.
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