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Ink Resins Industry Is Likely To Climb To USD 4.79 Billion By 2028 | Introspective Market Research
Market Overview:Ink Resins Market size is projected to reach USD 4.79 Billion by 2028 from an estimated USD 3.59 Billion in 2021, growing at a CAGR of 4.20% globally.
A specific category of resins used in the manufacturing of printing pigments are known as ink resins. In order to create superior-quality inks with a better look, these resins are added. By offering the ideal viscosity, they enhance the flowing ability of ink. The colors also give the durability and long-lasting adhesion. Furthermore, the ink resins speed up curing and give the ink gloss, stability, and dispersion characteristics. For the manufacturing of inks used in printing and publishing, for printing paper boards and cartons, as well as for printing flexible packaging, ink resins are extensively used.
๐ ๐จ๐ซ ๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ฌ๐ญ๐ซ๐๐ญ๐๐ ๐ข๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐:
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The Report Will Include A Major Chapter
โข Patent Analysis
โข Regulatory Framework
โข Technology Roadmap
โข BCG Matrix
โข Heat Map Analysis
โข Price Trend Analysis
โข Investment Analysis
โข Company Profiling and Competitive Positioning
โข Industry Value Chain Analysis
โข Market Dynamics and Factors
โข Porter's Five Forces Analysis
โข Pestle Analysis
โข SWOT Analysis
Market Dynamics:
Driver:
The rapid expansion of print media and commercial and industrial prints was a significant element in the rising demand for ink resins. Additionally, the flexible packaging market is expanding as a result of the need to include every relevant information about the contents of the package, particularly in the food and beverage sector. Additionally, the quality of the ink applied to the packaging, including its color and appearance, is crucial for attracting customers.
Opportunities:
Water-based inks are anticipated to be in greater demand, opening up lucrative opportunities for market participants. Additionally, it is expected that the printing of materials used in the packaged food industry will offer a lucrative opportunity for the ink resins market. The market for ink polymers can expand thanks to extensive R&D on more modern printing techniques like inkjet and offset. Furthermore, Resins are selected depending upon different considerations such as type of ink technology and system application, on which printing is to be carried out. This has increased the opportunity for water-based ink worldwide.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฌ๐ญ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐๐ง INK RESINS ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
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Market Segmentation
Segmentation Analysis of Ink Resins Market:
Based on the Printing Process, lithographic printing is expected to dominate the market during the forecast period. Owing to being the more conventional technique. Furthermore, digital printing is the fastest-rising segment on account of growing household printing devices.
โข Gravure
โข Lithography
โข Flexography
โข Digital
โข Others
Based on the Applications, Printing & publication are registered for the major market share in light of mass marketing and print media. Flexible packaging is anticipated to observed high growth on account of the rising trend of packaging owing to online shopping and packaged food & beverages during the projected period.
โข Commercial Printing
โข Publishing
โข Flexible Packaging
โข Corrugated Cardboard
โข Others
Based on the Type, modified rosins accounted for the maximum market share owing to the low price and easy accessibility of modified rosins and consciousness regarding the product. The gum resin is the raw material utilized for the manufacture of modified resin, also this is utilized in an ink resin and used as a raw material in printing inks.
โข Acrylic
โข Polyamide
โข Polyurethane
โข Modified Rosin
โข Hydrocarbon Resin
โข Modified Cellulose
By Technology or Printing Ink
โข Oil
โข Solvent
โข Water
โข UV
๐๐ ๐ฒ๐จ๐ฎ ๐ก๐๐ฏ๐ ๐๐ง๐ฒ ๐ช๐ฎ๐๐ซ๐ข๐๐ฌ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ญ๐จ ๐ญ๐ก๐ INK RESINS ๐๐๐ซ๐ค๐๐ญ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐๐ฌ๐ค ๐จ๐ฎ๐ซ ๐๐ฑ๐ฉ๐๐ซ๐ญ:
https://introspectivemarketresearch.com/inquiry/15877
Regional Analysis of Ink Resins Market:
Asia Pacific region is expected to register the maximum market share due to the growing demand for printing inks in the packaging industry. China recorded the majority of the ink resin demand due to the dominant packaging industry in the country. The Asia Pacific is anticipated to dominate the market in terms of volume due to the rising trend of online shopping and packaged food items. The economies such as India, Japan, and China are anticipated to lead the Asia-Pacific ink resins market, with China having the maximum share in the regional volumetric utilization of ink resins. The market volume of ink resins is as compared to low in the rest of the world region, but the approximate growth for the region is second highest after Asia-Pacific.
North America and the European regions are the most active markets in terms of strategic initiatives, due to their market demands. The flexible packaging application has helped the rapid growth in the ink resins market. North America is expected to observe stable growth rates on account of the growing food & beverage industry in the region. Developing countries such as Brazil and Mexico are anticipated to have a high potential for ink resins owing to the rapid industrialization of these nations.
โข North America (U.S., Canada, Mexico)
โข Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
โข Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
โข Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
โข South America (Brazil, Argentina, Rest of SA)
Players Covered in Ink Resins Market are:
โข Arakawa Chemical (Japan)
โข Arizona Chemical (U.S.)
โข BASF SE (Germany)
โข Evonik Tego Chemie GmbH (Germany)
โข Hydrite Chemical (U.S.)
โข IGM Resins (Netherlands)
โข Indulor (Germany)
โข Lawter B.V. (U.S.)
โข Royal DSM N.V. (Netherlands)
โข The Dow Chemical Company (U.S.) and others major key players.
Key Industry Developments in Ink Resins Market
In April 2020, IGM has gained ADD Additives B.V., a privately owned company emerging additives for the coating and ink markets. The accession of the ADD-Additive's business is part of IGM's strategy and vision to be a value-added specialty chemical provider to the ink and coating industry by the organic and inorganic growth platforms. The ADD-Additive's product portfolio is compatible with IGM's current portfolio.
Reasons to buy Ink Resins Market Report:
โข Develop comprehensive understanding of market landscape - industry structure, value-chain, key players, trends, drivers, and challenges
โข Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
โข Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
โข Develop business and M&A strategies through understanding of latest trends and emerging players in the market
โข Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
๐๐จ๐ง'๐ญ ๐ฆ๐ข๐ฌ๐ฌ ๐จ๐ฎ๐ญ ๐จ๐ง ๐ญ๐ก๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐จ ๐๐๐๐๐ฌ๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐๐ญ๐ ๐๐ง๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐๐ญ ๐๐ง ๐ฎ๐ง๐๐๐๐ญ๐๐๐ฅ๐ ๐ฉ๐ซ๐ข๐๐ - ๐ ๐๐ญ ๐จ๐ฎ๐ซ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ 4๐% ๐จ๐๐!
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