The solvent-based inks global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Solvent-Based Inks Market, 2024 report by The Business Research Company offers
comprehensive insights into the current state of the market and highlights
future growth opportunities.
Market Size -
The solvent-based inks market size has grown strongly in recent years. It will
grow from $8.47 billion in 2023 to $8.90 billion in 2024 at a compound annual
growth rate (CAGR) of 5.2%. The growth in the historic period can be attributed
to growth in digital printing industry, growth in the lamination industry,
growth of the transportation industry, and rising investment in solvent-based
inks usage.
The solvent-based inks market size is expected to see strong growth in the next
few years. It will grow to $10.98 billion in 2028 at a compound annual growth
rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to
packaged material usage in food and consumer packaging applications, rise in
popularity of bio-based solvents, increase in ad spending personalization,
outdoor advertising and packaging offers, growing demand for printed materials.
Major trends in the forecast period include need for high-quality prints, shift
towards high-quality prints, customizable options, and durable coatings,
focusing on ongoing research and development, integrated solutions, rapid
development in ink.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/solvent-based-inks-global-market-report
Scope Of Solvent-Based Inks Market
The Business Research Company's reports encompass a wide range of information,
including:
1. Market Size (Historic and Forecast): Analysis of the market's historical
performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market
landscape.
4. Key Segments: Breakdown of the market into its primary segments and their
respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and
geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting
the market.
Solvent-Based Inks Market Overview
Market Drivers -
The increasing printed advertising spending is expected to propel the growth of
the solvent-based inks market going forward. Print advertising spending
represents the cost of advertising in national and local newspapers, magazines,
and business publications. Print advertising spending is on the rise because
print media allows advertisers to target specific demographics and niche
audiences with precision. It also helps build brand awareness and recognition
by consistently exposing consumers to a brand's messaging over time.
Solvent-based inks offer good resistance to fading and deterioration over time,
ensuring that print advertisements maintain their visual impact and readability
for extended periods. These are also compatible with high-speed printing
equipment, allowing advertisers to produce large volumes of printed materials
efficiently and cost-effectively. For instance, in April 2022, according to an
article shared by the International News Media Association, a US-based global
community of news media companies, the expenditure on advertising in print
newspapers globally grew by 4.8% last year. Print revenue has grown by 13% in
India. In Germany, 89% of newspaper revenue comes from print. Therefore,
increasing printed advertising spending is driving the growth of the
solvent-based inks market.
Market Trends -
Major companies operating in the solvent-based inks market are developing
innovative products, such as ONECode solvent-based inks and coatings, to gain a
competitive edge in the market. ONECode solvent-based inks and coatings are
designed to simplify the flexible packaging printing process, reduce process
waste, and increase ease of doing business for European flexible packaging
converters. For instance, in July 2021, Flint Group, a Luxembourg-based
printing company, launched ONECode solvent-based inks and coatings in Europe.
The ONECode portfolio also incorporates overprint varnishes and primers under
the NexisCode brand name and additives under the AdmixCode brand. The range
offers high-quality, consistent results, optimized customer support, reduced
inventories, and simplified ordering processes.
The solvent-based inks market covered in this report is segmented –
1) By Product Type: Vinyl Inks, Vinyl-Acrylic Inks, Epoxy Inks, Polyurethane Inks,
Cellulose Inks
2) By Printing Technology: Lithographic, Gravure, Flexographic,
Screen-Printing, Letterpress, Digital
3) By Application: Label And Packaging, Commercial Printing, Publication, Other
Applications
Get an inside scoop of the solvent-based inks market, Request now for Sample
Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15003&type=smp
Regional Insights -
Asia-Pacific was the largest region in the solvent-based inks market in 2023.
It is expected to be the fastest growing region in the market. The regions
covered in the solvent-based inks market report are Asia-Pacific, Western
Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies -
Major companies operating in the solvent-based inks market are BASF SE,
Honeywell International Inc., Mitsubishi Chemical Holdings Corp., 3M Company,
Henkel AG & Co. KGaA , Covestro AG, DuPont de Nemours Inc., Arkema SA,
Avery Dennison Corporation , Sun Chemical Corporation, Huntsman Corporation,
Clariant AG, H.B. Fuller, Altana AG, Flint Group, Ashland Inc., Sakata INX
Corporation, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co.
Ltd., Dainichiseika Color and Chemicals Mfg. Co. Ltd., Huber Group Holding SE,
SICPA Holding SA, Zeller+Gmelin GmbH & Co. KG, Tokyo Printing Ink Mfg. Co.
Ltd., Wikoff Color Corporation, Lawter Inc., Heubach GmbH, FUJIFILM Europe
GmbH, Eptanova S.R.L.
Table of Contents
1. Executive Summary
2. Solvent-Based Inks Market Report Structure
3. Solvent-Based Inks Market Trends And Strategies
4. Solvent-Based Inks Market – Macro Economic Scenario
5. Solvent-Based Inks Market Size And Growth
…..
27. Solvent-Based Inks Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model:
https://www.thebusinessresearchcompany.com/global-market-model
No comments:
Post a Comment