The Global Printing Inks/Packaging Inks Market is growing with factors such as the food industry's rise in demand for packaging ink. The increase in the demand for eco-friendly inks contributes to the growth of the global printing inks/packaging inks market to a greater extent. However, government regulations on the production of the inks are hindering the growth of the market.
Global Printing Inks/Packaging Inks Market Scenario
According to Data Bridge Market Research, the global printing inks/packaging inks in Asia-Pacific has the highest market share, followed by Europe and North America. The market leader of the global printing inks/packaging inks market is DIC CORPORATION, with the largest market share of 33.01%.
- In April 2021, DIC CORPORATION announced that they had developed a drier agent that expedites the drying of coatings and printing inks by accelerating oxidative polymerization without cobalt compounds. The new product is made with manganese, the health hazards of which are minimal. DICNATE MV130A drier is for coatings and inks and uses sustainable vegetable-based esters as solvents. Thus the company has come up with a product that will help reduce the impact of driers on the environment
Trends Impacting the Market
Now the question is which other regions DIC CORPORATION, SAKATA INX CORPORATION, and Siegwerk Druckfarben AG & Co. KGaA are targeting? Data Bridge Market Research has forecasted a large growth in the Asia-Pacific printing inks/packaging inks market. The market leaders are targeting Asia-Pacific to be their next pocket revenue for 2021.
The global printing inks/packaging inks market is becoming more competitive with companies like DIC CORPORATION, SAKATA INX CORPORATION, and Siegwerk Druckfarben AG & Co. KGaA, among others. These are the top dominating companies in the global printing inks/packaging inks market and have launched advanced services and solutions. The data bridge market research new reports highlight the major growth factors and opportunities in the global printing inks/packaging inks market.
Global Printing Inks/Packaging Inks Market Developments
- In July 2020, SAKATA INX CORPORATION collaborated with Global Inkjet Systems (GIS) on industrial inkjet projects worldwide. The companies have worked together where SAKATA INX will provide access to large end-users and major OEMs, while GIS will provide complete workflow solutions for industrial inkjet applications. With this, the company will be able to provide digital printing solutions to their customer
- In April 2021, Siegwerk Druckfarben AG & Co. KgaA inaugurated its new Blending Center in the Dhaka region in Bangladesh. The new center will help the company solve technical issues locally and provide additional technical support with less turnaround time. With this, the company will be able to expand its market in Bangladesh while enhancing its market leadership position across the Asian region
Scope of Global Printing Inks/Packaging Inks Market
The global printing inks/packaging inks market is segmented based on countries into the U.S., Canada, Mexico, Germany, France, Italy, U.K., Spain, Switzerland, Russia, Netherlands, Belgium, Ireland, Turkey, Rest of Europe, China, Japan, India, Australia, South Korea, Singapore, Thailand, Malaysia, Philippines, Indonesia, Rest of Asia-Pacific, South Africa, Saudi Arabia, UAE, Israel, Egypt and Rest of the Middle East and Africa. All country-based analysis of the global printing inks/packaging inks market is further analyzed based on maximum granularity into further segmentation.
- On the basis of technology, the global printing inks/packaging inks market is segmented into solvent based, oil based, water based, UV curable, LED curable, EB curable, and others. On the basis of type, the global printing inks/packaging inks market has been segmented into flexo inks, offset inks, gravure inks, jet inks, metal decorative inks, security inks, and others. On the basis of resin, the global printing inks/packaging inks market has been segmented into polyurethane, acrylic, vinyl, polyamide, polyketone, nitrocellulose, and others. On the basis of substrate, the global printing inks/packaging inks market has been segmented into paper and board, polyethylene, aluminum, polyvinyl chloride, polypropylene, polyvinyl acetate, polyolefin, cellophane, polyester, nylon, and others. On the basis of application, the global printing inks/packaging inks market is segmented into food packaging, wall paper, corrugated and soil board, panels, labels, laminates, carrier bags, aluminum foils, shrink wrap films, envelopes, paper synthetic films, wrapping paper, heavy duty sacks, deep freeze packaging, hygiene packaging, flower wrap, and others
To know more about the study Contact https://www.databridgemarketresearch.com/reports/global-printing-inks-packaging-inks-market
Key Pointers Covered in Global Printing Inks/Packaging Inks Market Industry Trends and Forecast to 2028
- Market Size
- Top to Bottom Market Analysis
- Recent Developments for Market Competitors
- Recent Market Value for Different Countries
- Market value and overview of the global printing inks/packaging inks market
- Company profiling of top eight players of the global printing inks/packaging inks market
Key Market Competitors Covered in the Report
- DIC CORPORATION
- SAKATA INX CORPORATION
- Siegwerk Druckfarben AG & Co. KGaA
- TOYO INK SC HOLDINGS CO., LTD.
- hubergroup Deutschland GmbH
- Flint Group
- Kao Collins Corporation
- SICPA HOLDING SA
- T&K TOKA Corporation
- TOKYO PRINTING INK MFG CO.,LTD.
Above are the key players covered in the report to know about more and exhaustive list of the global printing inks/packaging inks companies https://www.databridgemarketresearch.com/toc/?dbmr=global-printing-inks-packaging-inks-market
Research Methodology: Global Printing Inks/Packaging Inks Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and forecasted 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 inquiry.
The key research methodology used by the 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 timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Manufacturer, Brand Managers, National Association of Printing Ink Manufacturers, European Printing Ink Association, Oil & Colour Chemists Association
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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