The report on the Flexographic Ink Market published by Stratview Research covers in depth details associated with the Flexographic Ink Market.
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The Flexographic Ink Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Flexographic Ink Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Flexographic Ink Market:
DIC Corporation
Siegwerk Druckfarben AG & Co. KGaA
Toyo Ink SC Holdings Co., Ltd.
Sakata Inx Corporation
Flint Group
T&K Toka Co. Ltd.
The Braden Sutphin Ink Company
Alden & Ott Printing Inks Company
Nazdar Company Inc.
Color Resolutions International
Growth drivers and Market Value:
This report, from Stratview Research, studies the Flexographic Ink Market value and growth drivers over the trend period of 2022-27. According to the report –
Flexographic Ink Market is likely to witness an impressive CAGR of 5.2% during the forecast period. The market is driven by the growing demand for flexographic ink from end-use applications, such as flexible packaging, corrugated cardboard, folding cartons, tags & labels, and others. The growth of the market is further attributed to the enhanced investments made by the key players to launch economical products, expansion, and merger and acquisition activities.
Segment Analysis:
Based on Resin Type:
Based on the resin type, the market is segmented as polyamide resins, nitrocellulose, polyurethane, acrylic resins, and others. The acrylic resins segment dominated the market owing to their extensive application in binders for paper and fiber processing, backlights for LCDs, and display windows for cell phones.
Based on Region:
Europe is estimated to be the largest market for flexographic ink during the forecast period. Increasing demand for packaging from industries, such as food & beverage, healthcare, and consumer goods is the major factor behind the dominance of Europe in the global flexographic ink market. Asia-Pacific is expected to remain the fastest-growing market for flexographic ink during the forecast period. China, Japan, Taiwan, and South Korea are the growth engines of the region, owing to the rising demand for convenient packaging from a wide array of end-use industries, such as electricals & electronics, FMCG, food & beverage, and others.
Critical Questions Answered in the Report
- What are the key trends in the Flexographic Ink Market?
- How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
- What is the impact of COVID-19 on Flexographic Ink Market?
- What are the key strategies adopted by the major vendors to lead in the Flexographic Ink Market?
- What is the market share of the top vendors?
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