Flexographic Ink Market worth $2.92 Billion by 2020
The report “Flexographic
Ink Market by Technology (Water based, Solvent based, UV based), by Resin
Type (Nitrocellulose, Polyamides, Polyurethane, Acrylic and Others) by
Application (Corrugated Cardboards, Flexible Packaging, Tags & Labels and
Folding cartons) - Global Forecast to 2020”, report analyzes the global
flexographic ink with respect to market drivers, restrains, opportunities, and
challenges, in different regions.
Browse 86 market data tables and 50 figures spread through
151 pages and in-depth TOC on “Flexographic
Ink Market - Global Forecast to 2020"
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The global flexographic ink is having significant
contribution in flexible packaging and corrugated cardboard applications. The
characteristics of the end products differ as per the requirement of end-user
industries and for different applications. The Asia-Pacific region is the
fastest growing segment of the global flexographic ink market and is mainly
attributed to high economic growth rate followed by growing demand for
biodegradable & renewable products, rising demand from packaging industry
and corrugated cardboard printing application which is eventually driving the
flexographic ink market.
The Asia-Pacific and RoW markets are estimated to show
an excellent growth in the next five years with the allied industries expected
to stabilize the overall business need in the respective regions.
Europe is the largest market, both in terms of volume and
value, followed by North America. China, Brazil, India, and Germany are
expected to persist as successful flexographic ink markets. The key players in
the flexographic ink are Flint Group (Luxembourg), DIC Corporation (Japan),
Siegwerk Druckfarben AG & Co. KGaA (Germany), Sakata Inx (Japan), Toyo Ink
S.C. Holdings (Japan), T&K Toka (Japan), and others.
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The flexographic ink demand, in terms of value and volume,
depicts the current and future projections according to the parallel economic
and industrial outlook. This analysis covers important developments,
investments & expansions, partnerships & agreements, and mergers &
acquisitions of the leading global companies.
The global market value of flexographic ink is estimated to
be $2.32 Billion in 2015 and is projected grow at a CAGR of around 4.71%
between 2015 and 2020 to reach $2.92 Billion by 2020. The high demand from
flexible packaging and tags & labels application will increase the overall
flexographic ink market.
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