Global flexographic printing inks market is anticipated to reach USD 9.32 billion by 2020, growing at a CAGR of 5.5% by 2020

Global flexographic printing inks market is anticipated to reach USD 9.32 billion by 2020, growing at a CAGR of 5.5% by 2020

  • Submitted By: MOHITTMR
  • Date Submitted: 09/07/2016 2:29 AM
  • Category: Business
  • Words: 2061
  • Page: 9

Transparency Market
Research
Flexographic Printing Inks Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast,
2014 - 2020

Published Date
15-Oct-2014

98 Page Report

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Press Release

UV-cured Inks to be Defining Trend in Flexographic Printing
Inks Market, reports TMR
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Flexographic Printing Inks Market

REPORT DESCRIPTION
Flexographic Printing Inks Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast, 2014 - 2020
The global flexographic printing inks market is highly fragmented and characterized by new product
developments with improvements in the current technology and acquisitions of smaller players in the market by
global conglomerates. Acquisitions are enabling key players in the industry to expand their share in the market
by acquiring assets of smaller companies, states a new report by Transparency Market Research (TMR).
Moreover, it facilitates key players to expand their operations in different geographical areas with an increase
in their client base. The top six players accounted for 14.2% of the market in 2013. These players are Flint
Group, Sun Chemical Corporation, Toyo Ink Group, INX International Corporation (Sakata INX Corporation),
ALTANA AG, and Siegwerk Druckfarben AG & Co. KGaA.
According to the report, the global flexographic printing inks market is expected to rise from US$7.13 bn in
2015 to US$9.32 bn by 2020. By product, the water-based ink segment is expected to lead and account for
48.2% of the market by 2020, even though there will be a decline in its market by 1.4%. The decrease in the
market share can be attributed to the growing demand for products that have lesser volatile organic
compounds (VOC) content. By geography, Asia Pacific led in the past and...

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