Printing Inks Market Growing at 5.42% CAGR Driven by VOC Inks Demand to 2020
PUNE, India, April 21, 2016 /PRNewswire/ --
Global printing inks market growth is attributable to increasing adoption of printing inks made of vegetable oil-based solvents, as these oils eliminate the use of mineral oils in inks and reduce VOC emissions. Analysts say concerns regarding the quantity of heavy metals found in printing inks are growing. This research forecasts the global printing inks market to grow at a CAGR of 5.42% during the period 2016-2020.
Complete report on printing inks market spread across 75 pages, analyzing 5 major companies and providing 43 data exhibits is now available at http://www.reportsnreports.com/reports/523295-global-printing-inks-market-2016-2020.html.
According to the 2016 printing inks market report, rising environmental concerns are influencing regulatory authorities to update standards for the printing industry, which ranks fifth in the emission of VOC globally. The demand for vegetable oil-based and biodegradable inks is growing. Vegetable oil-based and biodegradable inks reduce or eliminate the use of mineral oils in inks, conserve non-renewable reserves, and minimize the emission of VOC. The primary advantage of eco-friendly inks is the improved recyclability of paper as it enables efficient separation of ink from paper.
This report covers the present scenario and the growth prospects of the global printing inks market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top five vendors operating in the market.
Segmentation by Printing Process and Analysis of the Printing Inks Market - Lithographic inks, Flexographic inks, Digital inks and Gravure inks: During 2015, the lithographic inks segment dominated the global printing inks market and accounted for close to 41% of the market share. Factors such as the extensive applications of lithographic inks in commercial printers and its numerous advantages like longer plate life, image quality, lower costs, lower ink consumption, and printing flexibility will aid in the steady growth of this market segment until the end of 2020.
The global printing inks market is highly fragmented due to the presence of numerous well-established global and regional vendors. The rapid technological advancements, intense competitions and frequent changes in consumer preferences will pose a threat to the market growth during the forecast period.
Key players in the global printing inks market: Flint Group, Sakata INX, Sun Chemical Ltd., T&K TOKA Co. Ltd., TOYO Ink LLC, and Wikoff Color Corp. Other Prominent Vendors in the market are: ALTANA, Brancher, CROMOS TINTAS GRAFICAS, Dainichiseika Color & Chemicals Manufacturing, DIC, Encres Dubuit, Environmental Inks and Coatings, Huber Group, Siegwerk Druckfarben, and Zeller + Gmelin. Order a copy of Global Printing Inks Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=523295.
Further, the printing inks market report states that the growing consumer awareness regarding the adverse health and environmental impact of solvent-borne systems that emit high levels of VOC has led to the adoption of low VOC emitters such as waterborne and oil-based printing inks.
Another related report is Global Liquid Waterborne Printing Inks Market 2015-2019: market research analysts predict the worldwide liquid waterborne printing inks to grow at a CAGR of around 5% during the forecast period. Browse complete report @ http://www.reportsnreports.com/reports/447859-global-liquid-waterborne-printing-inks-market-2015-2019.html.
Key players in the global liquid waterborne printing inks market: Flint Group, Sakata, Sun Chemical and Tokyo Ink. Other prominent vendors in the market are: Altana, Dainichiseika Color & Chemicals, Environmental Inks and Coatings, Huber Group, INX International Ink, Micro Inks, Royal Dutch Printing Ink Factories Van Son, Ruco Druckfarben, Sanchez, T&K Toka, Tokyo Printing Ink, and Wikoff Color.
Explore other new reports on Chemicals Market @ http://www.reportsnreports.com/market-research/chemicals/.
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