Global Flexographic Printing Inks Market 2017-2021

Overview of the global flexographic printing inks market

Research analysis on the global flexographic printing inks market identifies that the rising demand for UV-curable inks will be one of the major factors that will have a positive impact on the growth of the market. Technavio’s market research analysts predict that this market will grow at a CAGR of around 5% by 2021. Ultraviolet (UV) curing is a photochemical process in which high-intensity UV light is used to cure the flexographic printing inks instantly. It offers numerous benefits such as an increase in production speed, reduction of the reject rates, and improvement in scratch and solvent resistance. Moreover, inks cured using UV light than using conventional sources, such as heat and dry air, decreases the energy consumption for curing by about 50%. This method also has no solvents to evaporate, no environmental pollutants, no loss in volume, and no loss of coating thickness. These factors help in increasing the productivity, besides reducing the waste, energy use, and pollutant emissions. The innovations in product development in the UV curing technology is expected to fuel the demand for flexographic printing inks.

In terms of geographic regions, APAC will be the major revenue contributor to the flexographic printing inks market throughout the forecast period. The increase in consumption of flexographic printing inks in the food and beverage, and consumer goods. Also, the rising investments in the packaging industry, especially in China, India, Japan, Indonesia, and Thailand are expected to boost the flexographic printing inks market in APAC.

Competitive landscape and key vendors  

The flexographic printing inks market is fragmented due to the presence of numerous vendors. Many regional vendors are present in the flexographic printing inks market, especially in developing regions of APAC and ROW. Growing industrialization and urbanization in the developing regions has fueled the entry and growth of the domestic vendors. The key vendors of the flexographic printing inks market compete based on factors such as price, innovation, economies of scale, operational cost and product quality. The competitive environment in the flexographic printing inks market is expected to further intensify during the forecast period due to the increase in product development and extensions in terms of innovation and technology.

The leading vendors in the market are –

• ALTANA
• DIC Corporation
• FlintGroup
• SAKATA INX CORPORATION
• Siegwerk Druckfarben
• Toyo Ink

The other prominent vendors in the market are Aldenn & Ott Printing Inks, BRADEN SUTPHIN INK, hubergroup North America, INX International Ink, Nazdar, T&K TOKA, Wikoff Color Corporation, and Zeller+Gmelin.

Segmentation by technology and analysis of the flexographic printing inks market

• Water-based
• Solvent-based
• UV cured

The water-based technology segment accounted for the major shares of the flexographic printing inks market during 2016. Factors such as the stable viscosity and low volatile organic compound emissions will contribute to the growth of this industry segment in the coming years. In addition, the less inflammability and the compatibility with a wide range of substrate surfaces will also drive the segment growth in the global market.

Segmentation by application and analysis of the flexographic printing inks market

• Flexible packaging
• Corrugated cardboard
• Folding cartons
• Tags and labels

As per this market research report, the corrugated cardboard application segment will hold the maximum share of the flexographic printing inks market until 2021. The increasing utilization of corrugated cardboard as a packing material for many brands and industries and growth of the e-commerce industry is expected to drive the demand for corrugated cardboard which in turn will fuel the global flexographic printing inks market.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global flexographic printing inks market?
• What are the key market trends impacting the growth of the global flexographic printing inks market?
• What are the challenges to market growth?
• Who are the key vendors in the global flexographic printing inks market?
• What are the market opportunities and threats faced by the vendors in the global flexographic printing inks market?
• Trending factors influencing the market shares of the APAC, Europe, North America, and ROW.
• What are the key outcomes of the five forces analysis of the global flexographic printing inks market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming market research report on the global flexographic printing inks market is an important part of the paint, coatings, and pigments sector, which is an integral part of Technavio’s chemicals and materials industry. The report also analyzes the market’s growth potential by considering multiple variables such as current market size, demand-supply fluctuations, major geographic markets, and emerging trends.

Research analysts at Technavio go through a rigorous analysis of research journals, expert opinions, and client survey to oversee primary and secondary research. The information thus collected helps the client achieve their business objectives by serving as an essential business input tools, which help forecast the growth potential of the market. The upcoming report on global flexographic printing inks market identifies DIC Corporation, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Ltd., Sakata Inx Corporation, Flint Group, T&K Toka Co. Ltd., and Alden and Ott Printing Inks Company as some of the vendors operating in the market.

To offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the flexographic printing inks market also covers geographies like APAC, Americas, Europe, and MEA. The upcoming industry research report for flexographic printing inks market also identifies other key aspects of business intelligence such as profits, products, promotions, distributions, as well as opportunities and challenges faced by the industry. It also presents intelligence into the rapidly changing market dynamics to give clients a complete view of the forthcoming events within the chemicals and materials industry. Technavio also provides deep-dive market assessments into the sectors such as olefins and specialty chemicals.

Our market research methodology for the flexographic printing inks market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.