Photographic Chemicals Market Size 2019: Regional Demand, Global Competitive Industry Share, Revenue Statistics | Forecast Report 2025
The photographic chemicals market is divided on the basis of processing technique and applications. Based on processing technique, the market is segmented into black & white film processing and color film processing.
Selbyville, United States – July 29, 2019 /MarketersMedia/ —
Global Market Insights, Inc., announces an ongoing comprehensive report on the “Photographic Chemicals Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Spain, Russia, China, India, Japan, Australia, Malaysia, South Korea, Brazil, Mexico, Saudi Arabia, UAE, Kuwait, South Africa), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025”. This report provides an exhaustive account of the industry including:
• Photographic Chemicals Market size, historical from 2014 to 2018 and annual forecast from 2019 to 2025
• Major Photographic Chemicals Market trends, technology evolution, economic indicators and business challenges
• Regulatory and geopolitical trends impacting the industry
• Business drivers and pitfalls impacting key regional markets
• Competitive landscape of the industry and detailed profiles on the major companies
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These photographic materials are subjected to toxicity and level of toxicity varies from one chemical to another. Long time exposure to these chemicals may cause various health hazards including irritation to the eyes and skin, respiratory system discomfort, liver damage, corrosive and other severe burns, vomiting, liver & kidney damage, etc. Several governments have formulated regulations regarding the usage and disposal of these chemicals. The growing trend of digitization and online marketing pose significant threat to photographic chemicals market. The aforementioned factors may hinder the market growth in near future.
The global photographic chemicals market size is anticipated to register an appreciable growth rate in the forthcoming years, primarily attributed to the robust expansion of the photography industry worldwide. As the demand for high quality photographs from marketing companies increases across developing and developed companies alike, photographic chemicals industry outlook will show a major transformation over 2019-2025.
Regionally, Asia Pacific may capture an appreciable proportion of photographic chemicals market share. The region has been experiencing a tremendous surge in industrialization and urbanization trends, and a subsequent increase in expenditure, both by consumers and end-users. Outdoor advertising spending in the region is expected to be mammoth, with surging sales volume, despite the proliferation of digital and mobile advertising.
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The competitive landscape of photographic chemicals market is characterized by tried-and-tested growth strategies. Currently attempting to thrive in an era dominated by the digital cosmos, conventional photography film developers are deploying every tactic there is to remain ahead of their peers. Operational expansions are touted to be one such strategy adopted by these players.
Recently, FUJIFILM Manufacturing U.S.A., Inc. – supposedly one of the manufacturing locations for FUJIFILM Corporation, had recently declared that it plans to expand its operations in Greenwood, S.C. The production of photographic chemicals for the Photographic Products Division and the Graphic Arts Products Division will now be transferred to the Greenwood campus. The aforesaid example clearly demonstrates that regional capacity expansions will continue to remain the foremost strategy for industry contenders worldwide.
Photographic chemicals market is heavily regulated by administrative bodies, given their hazardous impact on human and environmental health on account of prolonged exposure. Regulatory agencies like the Occupational Safety and Health Administration (OSHA) and the Environmental Protection Agency (EPA) are responsible for the safe disposal of these chemicals. In order to ensure that the personnel handling the photo processing procedure are not harmed, a set of guidelines have been proposed to be followed for handling and disposing these chemicals.
Photographic chemicals market contenders are liable to keep track of the safety guidelines set up by administrative bodies and ensure that post photo processing, these chemicals are disposed as per the regulations set. Speaking of the competitive spectrum, some of the important companies partaking in photographic chemicals market share include FOMA BOHEMIA spol s. r. o., Eastman Kodak Company, Hydrite Chemical, Fujifilm Corporation, Bostick & Sullivan, etc.
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