Global Ink Additives Market – Forecast Based on Production Process and Assessment of Opportunities by Technavio

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LONDON–(COMMERCIAL THREAD) – According to the latest market research published by Technavio, the global ink additives market is expected to reach $ 785.3 million by 2021, with a CAGR of nearly 5%.

This research report entitled ‘Global Ink Additives Market 2017-2021‘provides in-depth market analysis in terms of revenue and emerging market trends. This market research report also includes up-to-date analysis and forecast for various market segments and all geographies.

The global ink additives market is expected to grow during the forecast period owing to the increasing demand from various end-use industries such as packaging and printing. Based on the production process, the flexographic process held the largest share of 41.5% of the total market share in 2016. The increase in per capita income of APAC countries such as India, China and China. Thailand is expected to increase the use of ink additives in packaging. and printing applications.

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by Technavio chemicals and materials Research analysts classify the global ink additives market into the following segments based on the production process. They are:

  • Flexography

  • Lithographic

  • Engraving

  • Digital

  • Others

The major three production process segments for the global ink additives market are discussed below:

Flexography

Flexographic inks are mainly used for printing on flexible packaging, corrugated cardboard boxes, shrink sleeves, flexible sleeves, bags and bags, labels, molds, envelopes, envelopes, sanitary ware and kitchen utensils, folding boxes and newspapers. These ink additives are commonly used in a wide range of food packaging products such as cups, sealed bags, pouches, pouches and paper bags.

According to Hitesh Bhatia, an official paints, coatings and pigments Technavio research analyst, “The main driver contributing to the growth of the global e-commerce market is the diverse portfolio of product segments such as clothing, cosmetics, electronic gadgets and books. The growth of e-commerce will drive the demand for flexible packaging, thus driving the demand for ink additives.

Lithographic

Lithography is the most popular printing process and its economical nature makes it widely used in packaging and printing applications. Lithographic printing inks are also called offset inks. In this process, the image is printed on a flat metal surface, then rolled onto rubbers and finally onto the substrate. This type of print is recognized by the absence of incorrect prints or rings and provides a smooth print.

The method has drawbacks such as the generation of hazardous waste and a longer set-up time. The increased adoption of flexographic inks in the packaging industry is also contributing to this decline in demand for lithographic inks. The rotary offset inks market is expected to have a significant share during the forecast period.

Engraving

Rotogravure is the type of printing process in which an image is applied to the printed substrate using a metal plate mounted on a cylinder. The main unit operations of a gravure printing operation are image preparation, cylinder preparation, printing and finishing.

Rotogravure uses a sunken or depressed surface for the desired image. The image to be reproduced is engraved in the metal plate, sometimes using a laser. The metal plate is made to put ink during the process and then wiped off before being applied to the substrate. This process produces high quality prints quickly, but the associated costs are normally higher than other printing methods., says Hitesh.

The top vendors highlighted by Technavio research analysts in this report are:

  • ALTANE

  • BASF

  • Evonik Industries

  • Huntsman International

  • Dow chemical company

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About Technavio

Technavio

is one of the world’s leading technology research and consulting companies. The company develops more than 2,000 research projects each year, covering more than 500 technologies in 80 countries. Technavio has approximately 300 analysts around the world who specialize in personalized consulting and business research assignments on the latest cutting-edge technologies.

Technavio analysts use primary and secondary research techniques to determine the size and landscape of vendors in a range of markets. Analysts obtain insights using a combination of bottom-up and top-down approaches, in addition to using internal market modeling tools and proprietary databases. They corroborate this data with data obtained from various market players and stakeholders throughout the value chain, including vendors, service providers, distributors, resellers and end users.

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