High adaptability of digital ink advertising and promotion application is also helping the market to grow. Volatility of raw material prices in digital ink market can restrain the market growth in the forecast period.
Digital ink market has shown an exceptional penetration in developed economies. Asia-Pacific is dominating the market owing to increase in digitalization and rise in urbanization in China and India.
Digital ink market is growing due to the accelerating demand of digital ink in ceramic textiles; raw materials are used for the production of digital inks such as petrochemicals-derived products such as carbon black, solvents, resins, mineral oils and intermediates. Digital inks are used in digital printing which includes images, text and graphic digitally, and are diversely utilized for fine arts and wide range of advertising promotions. Increase in demand for digital inks from the ceramic tiles industry is also one of the growth factor for digital ink market and with the rising demand for UV-curable digital inks due to their fast drying and eco-friendly qualities will act as an opportunity for digital inks market.
Solvent based segment is projected to be the largest segmented in the forecast period, solvent-based digital inks act as carriers which delivers the pigment to the substrate, this ink also help in melting the surface of the substrate. Application and promotion segments is a largest application segment of the digital inks market, restaurants and food services industry uses digitally printed wide format graphics to increase their sale and create awareness about food products.
Now the question is which are the other regions in that digital ink market is targeting? Data Bridge Market Research has estimated a large growth North-America.
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Digital ink market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of digital ink market companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-inks-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Digital Inks Market – Industry Trends and Forecast to 2027