Flexographic Inks Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Flexographic Inks Market: By Type (Water, Solvent, UV Based), By Resin (Nitrocellulose, Polyamides, Polyurethane, Acrylic), By Application (Corrugated Cardboards, Flexible Packaging, Tags & Labels, Folding, Cartons, Packaging), and Geography

 

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Report

Description

Flexographic Inks Market size was valued at USD 11.9 billion in 2021 and is expected to reach USD 17.1 billion by 2028, at a CAGR of 5.3% during the forecast period 2022-2028. Some of the key factors fueling the market growth include increased demand for water-based flexographic ink, low cost and environment friendly product offerings, growing demand for flexographic inks owing to the growth of printing industry, increasing FDI investments in emerging economies, rising demand for packaging application products in various industries and growth in new and advanced ink technologies. However, strict regulations and fluctuating raw material prices is the major factor hindering the market growth. This report studies global flexographic inks market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global flexographic inks market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global flexographic inks market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

Flexographic Inks Market

MARKET SUMMARY
-
5.3%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.3%
  • Largest Market– North-America
  • Fastest Growing Market– Asia-Pacific

Flexographic Inks Market

  • The global flexographic inks market report gives comprehensive outlook on flexographic inks across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global flexographic inks market gives historical, current, and future market sizes (US$ Mn) on the basis of type, resin, application and region.
  • Key stakeholders of the global flexographic inks market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global flexographic inks products.
Key Players
  • ALTANA AG
  • INX International Corporation
  • Jiangmen Toyo Ink Co. Ltd.
  • Siegwerk Druckfarben AG & Co. KGaA
  • Sun Chemical Corporation
Flexographic Inks Market

DRIVERS AND RESTRAINTS

Water Based Flexographic Ink is composed mostly of water and pigment with assorted additives like defoamers and agents to aid in drying and adhesion. Water has a high surface tension, which can print beautiful perfect dots however creates mottled/pinholed solids, which means that in order to ‘wet out’ on most plastic surfaces, the surface tension has to be reduced considerably in order to achieve good print quality and smooth laydown of ink. Usually they have the maximum surface tension of all ink types and are good for any elastomer type. Over time, water-based inks have a much advanced herbal resin content and will become the new standard for the formulation of water bases. Thus, the increase of environmental concerns and the increase of awareness in sustainability has drawn more attention to the usage of water-based ink usage in the flexographic printing and packaging industry.


Asia-Pacific Got Significant Share

Flexographic Inks Market

Asia Pacific accounted for larger revenue share in global flexographic inks market with considerable CAGR. The growth in this region is due to the presence of international players and increasing population in the region. North America held substantial market share during estimated period owing to rising per capita disposable income and improvement in living standards of people. U.S is the major contributor for the market growth in the region.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Findings of the Report

  • Global flexographic inks market expanding at significant CAGR over 2022 to 2028 due to rising demand for packaging application products in various industries
  • Based on type, water  segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global flexographic inks market

Key

Features of the Report

Flexographic Inks Market Segmentation


Location

GEOGRAPHY


Report

Company Profile

  • ALTANA AG
  • Flint Group
  • INX International Corporation
  • Jiangmen Toyo Ink Co. Ltd.
  • Siegwerk Druckfarben AG & Co. KGaA
  • Sun Chemical Corporation
  • T&K TOKA Co. Ltd
  • Taiyuan Coates Lorilleux Inks Chemical Ltd.
  • Tercel Ink Group
  • TOYO Ink Group
  • Wikoff Color Corporation
  • XSYS Print Solutions (Shanghai) Ltd
  • Zeller+Gmelin GmbH & Co. KG
  • Zhongshan DIC Colour Co. Ltd.

Description

Flexographic Inks Market size was valued at USD 11.9 billion in 2021 and is expected to reach USD 17.1 billion by 2028, at a CAGR of 5.3% during the forecast period 2022-2028. Some of the key factors fueling the market growth include increased demand for water-based flexographic ink, low cost and environment friendly product offerings, growing demand for flexographic inks owing to the growth of printing industry, increasing FDI investments in emerging economies, rising demand for packaging application products in various industries and growth in new and advanced ink technologies. However, strict regulations and fluctuating raw material prices is the major factor hindering the market growth. This report studies global flexographic inks market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global flexographic inks market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global flexographic inks market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product opportunities).

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