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Flexographic Printing Inks Market Analysis; Packaging Industry driving growth over 2016-2024

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Solvent-based flexographic printing inks market size is strictly governed by norms laid by FDA owing to its VOC constituents, as these inks come in direct contact with food. Moreover, these inks also release VOC during the dying process, which makes the product harmful for the environment. – PowerPoint PPT presentation

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Title: Flexographic Printing Inks Market Analysis; Packaging Industry driving growth over 2016-2024


1
Flexographic Printing Inks Market to surpass
11Bn by 2024
2
Global Market Scenario of Flexographic Printing
Inks Industry
  • Flexographic Printing Inks Market is poised to
    surpass USD 11 billion by 2024 according to a
    new research report by Global Market Insights,
    Inc.
  • The overall flexographic printing inks market
    size is primarily driven by increasing product
    demand in the flexible packaging industry over
    the past years. The overall flexible packaging
    industry is projected to expand at over 4 CAGR
    over the projected timeframe. In addition,
    flexible packaging finds broad application in the
    industries including food beverage and
    cosmetics. Strong growth in these abovementioned
    sectors on account of increasing consumer
    spending pattern will subsequently boost the
    global industry share by 2024.
  • Growing popularity of UV-cured flexographic
    printing inks market is another promising factor
    which will contribute the industry growth in the
    near future. It involves a high intensity UV
    radiation for inks drying process. This
    efficiently offers quick drying and thus improves
    the printing rate.

3
Latest Research Report On Flexographic Printing
Inks Market_at_ https//www.gminsights.com/industry-a
nalysis/flexible-packaging-market
Continue.....
  • Solvent-based flexographic printing inks market
    size is strictly governed by norms laid by FDA
    owing to its VOC constituents, as these inks come
    in direct contact with food. Moreover, these inks
    also release VOC during the dying process, which
    makes the product harmful for the environment.
    This trend is likely to hamper the overall
    industry growth by 2024.
  • Asia Pacific flexographic printing inks market
    size was more than USD 2.5 billion in 2015.
    Strong growth in the food beverage,
    pharmaceutical and cosmetic industry,
    particularly due to improved consumer lifestyles
    is the major factor contributing industry growth
    in the region.
  • Furthermore, drifting pharmaceutical
    manufacturers focus towards establishing their
    manufacturing facilities in China. Due to high
    medicine demand along, low initial investment and
    favoring government norms towards boosting their
    manufacturing sector will substantially boost the
    regional flexographic printing inks market size
    by 2024. Additionally, Europe is likely to
    observe growth close to 4.5 for flexographic
    printing inks between 2016 and 2024.

4

Request Sample Report Copy PDF_at_
https//www.gminsights.com/request-sample/detail/
1163
5
360 Industry Analysis
  • Product Analysis-
  • Water-based accounted for the maximum
    flexographic printing inks market share in 2015.
    These inks are majorly used in the paper,
    cardboard and newspaper printing. Increasing
    government initiative along with rising consumer
    awareness towards use of low VOC inks in the food
    and cosmetic packaging applications will
    substantially boost the industry size in the near
    future.
  • In 2015, solvent-based inks accounted for more
    than 25 of the overall flexographic printing
    inks market share. The product offers promising
    characteristics such as durability, high printing
    rate (due to speedy drying) and scratch
    resistance. However, firm consumer and
    environment safety regulations directed by the
    FDA may obstruct industry growth in the coming
    years.


Request for customization https//www.gminsights.
com/roc/1163
6
Regional Analysis Asia Pacific flexographic
printing inks market size was more than USD 2.5
billion in 2015. Europe is forecast to
experience steady gains more than 4.5 CAGR by
2024. North America, mainly led by the U.S. is
another prominent flexographic market share
contributor. The region accounts maximum in the
global package food industry, which subsequently
propels the product demand in the
region. Competitive Analysis Some of the
prominent flexographic printing inks market
share contributors are TOYO Ink Group, RUCO
Druckfarben A.M. Ramp Co GmbH, ZellerGmelin
GmbH Co. KG, TK TOKA Co., Ltd, INX
International Corporation, Wikoff Color
Corporation, Siegwerk Druckfarben AG Co. KGaA,
Sun Chemical Corporation, ALTANA AG, Flint Group,
Zhongshan DIC Colour Co., Ltd., XSYS Print
Solutions (Shanghai) Ltd, Jiangmen Toyo Ink Co.
Ltd., Tercel Ink Group and Taiyuan Coates
Lorilleux Inks Chemical Ltd.
7

Latest Research Report On Flexographic Printing
Inks Market_at_ https//www.gminsights.com/industry-a
nalysis/flexographic-printing-inks-market
Download Latest Report Sample PDF _at_
https//www.gminsights.com/request-sample/detail/
1163 Request for customization https//www.
gminsights.com/roc/1163
8
Stay In Touch You can visit us at
www.gminsights.com
Thank You!
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