Flexographic Printing Inks Market to be driven by Flourishing Food and Beverages Industry, at 5.5% CAGR: TMR Research
Flexographic Printing Inks Market (Water-based, Solvent-based and UV-cured) for Packaging and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020
Albany, United States – July 27, 2015 /MarketersMedia/ —
A new report covering the global flexographic printing inks market has been recently published by U.S.-based market intelligence firm Transparency Market Research. The report is titled “Flexographic Printing Inks Market (Water-based, Solvent-based and UV-cured) for Packaging and Other Applications – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 – 2020”.
The report states that the market will grow at a positive but modest pace in the forecast period, between 2014 and 2020. The market, which had a net value of US$6.41 billion in 2013, is expected to be worth US$9.32 billion by 2020, growing at a 5.5% CAGR over the period.
Flexographic printing is one of most extensively used methods of conventional printing. It is used for printing on a variety of flexible materials such as plastic bags, papers, folding cartons, disposable cups, labels, tags, corrugated boxes, and milk cartons.
The report broadly segments the global flexographic printing inks market on the basis of three factors: product types, applications, and key regional markets. Various products types studied in the report include water-based, UV-cured, and solvent-based inks. Based on key application areas of the market, the market is segmented into packaging and other application areas such as printing of newspapers. Regional markets for flexographic printing inks studied in report include North America, Asia Pacific, Europe, and the Rest of the World.
Browse Market Research Report: http://www.transparencymarketresearch.com/flexographic-printing-inks-market.html
Owing to their low VOC (volatile organic compound) content, water-based inks are more prominently used for flexographic printing. In 2013, this product segment held nearly 40% of the global market owing to its large-scale application. The report states that UV-cured flexographic inks will grow at the fastest pace over the report’s forecast period. Rising demand for UV-cured flexographic inks is due to their excellent printing performance and lack of VOCs.
Of the key applications of flexographic printing inks studied in the report, the segment of packaging led the market in 2013. In terms of volume, this market segment accounted for nearly 80% of total demand from the market in the year, owing to increased demand from end-use industries such as pharmaceuticals, personal and household care, and food and beverages.
Of the key regional markets for flexographic printing inks analyzed in the report, the regional market of Asia Pacific led the market by acquiring nearly 35% of the market in 2013. Over the report’s forecast period, the regional market of Asia Pacific is estimated to grow at the fastest pace owing to the flourishing food and beverages industry in the region, which has consequently led to increased demand for packaging products.
Get Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3509
To present a detailed competitive analysis of the global flexographic printing inks market, the report also includes business profiles of some of the key businesses operating in the market, along with SWOT analysis and an overview of recent developments, business strategies, and financial structures of these companies. Some of the companies mentioned in the report are ALTANA AG, Sun Chemical Corporation, INX International Corporation, Siegwerk Druckfarben AG & Co. KGaA, and Flint Group.
Key segments of the global Flexographic Printing Inks Market:
Flexographic Printing Inks Market – Product Segment Analysis
– Water-based
– Solvent-based
– UV-cured
Flexographic Printing Inks Market – Application Analysis
– Packaging
– Flexible packaging
– Corrugated containers
– Folding cartons
– Tags and labels
– Others (Including metal cans, etc.)
– Others (Including printing of newspapers, etc.)
Flexographic Printing Inks Market – Regional Analysis
– North America
– Europe
– Asia Pacific
– RoW (Including South America, Africa and the Middle East)
Contact TMR:
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
For more information about us, please visit http://www.transparencymarketresearch.com/flexographic-printing-inks-market.html
Contact Info:
Name: Mr. Nachiket
Organization: Transparency Market Research
Address: State Tower, 90 State Street, Suite 700, Albany NY – 12207 United States
Phone: +1-518-618-1030
Release ID: 87724
Copyright © 1999-2013 SproutNews.com
