Fior Markets launched a study titled “Global Ink Additives Market by Type (Dispersing & Wetting Agents, Foam Control Additives, Others), Process, Technology,Application, Regions”,and Global Forecast 2018-2025.
The global ink additives market is expected to grow from USD 1348.23 Million in 2017 to USD 2104.59 Million by 2025, at a CAGR of 5.72% during the forecast period from 2018-2025. Factors such as Global increase in printing of newspapers and periodicals, packaging and stationery are expected to drivethe global ink additives market.
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Dispersing and wetting segment had market value of USD 388.69 million in 2017
Type is segmented into rheology modifiers, dispersing & wetting agents, foam control additives, slip/rub materials and others. Properties of wetting and dispersing agents for stabilizing the suspension of pigments in varnish and achieving excellent print quality led dispersing and wetting agents segment to emerge as the largest with USD 388.69 million 2017. Dispersing & wetting agents are utilized in almost all types of ink formulations.
Flexographic segment is anticipated to grow at a CAGR of 7.88% in 2017-2025
Process is divided into lithographic, gravure, flexographic, digital and others. Owing to its widespread use in the printing of books, advertising, catalogs, cards, posters, direct mail inserts, packaging and coupons, lithographic process emerged as the dominating segment with USD 406.76 million revenue in 2017. Growingutilization of flexography in the packaging of processed food and beverages is anticipated to propel the flexography segment to grow at a CAGR of 7.88% over the forecast period.
Water based segment is projected to grow at a CAGR of 8.04% in 2017-2025
Technology segment is categorized into solvent based, water based and others. Solvent based segment led the global ink additives market with USD 854.37 million revenue in 2017. This increased market share can be attributed to their properties for being low cost and exhibiting minimum migration of the ink on the substrate.
Packaging segment had a market value of USD 588.09 million in 2017
Application is segmented into packaging, publishing and commercial printing. Increasing demand for consumer durables, processed food and growth of ecommerce sector is generating a tremendous demand for the packaging materials. Based on this Packaging segment led theglobal ink additives market with USD 588.09 million revenue in 2017.
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Regional Segmentation Analysis:
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa.On account of huge demand for inks form the packaging, publishing and printing sectors Asia Pacific region emerged as the largest market for the ink additives with USD 506.66 million revenue in 2017.
Major players in the global ink additivesmarket are LTANA AG , BASF SE, Evonik Industries, Elementis PLC, Dow Corning, Shamrock Technologies, MunzingChemie GmbH, Solvay S.A., Harima Chemicals Group, Lubrizol, Croda International Plc, Huntsman International LLC, PolyOne, Sakata INX, K Tech (India) Ltd, Clariant among others.
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