Doctor Blade Market size is valued at USD 154.9 million in 2021 and is expected to reach USD 180.39 million by 2028, at a CAGR of 2.2% during the forecast period 2022-2028. Some of the key factors influencing the market growth include an increase in the number of printing centers and other end-user industries are anticipated to propel the market over the forecast timeframe. Moreover, the launch of advanced products into the market, advantages of doctor blade over others are bolstered the doctor blade market over the forecast timeframe. The global market is surging owing to frequent acquisitions, partnerships, and collaborations by the market players. For instance, In December 2018, Kadant Inc. has entered into a definitive agreement to acquire Syntron Material Handling Group, LLC for the expansion of business in various countries around the world. This report studies the market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product opportunities).
Recent Market Developments:
In 2018, Tresu launched SAVEink chamber doctor blade, a light, fast-change inking system for narrow web UV and water-based flexo applications that can be used without an ink pump.
In Labelexpo Europe 2019, Convertech Equipment displayed a range of doctor blades for flexo and gravure printing and coating applications. Manufactured under ISO 9001:2015-certified quality system, Convertech’s Sureprint doctor blades are exported to many countries and are available in several varieties and edge configurations.