The report on “Organic Acids Market” is segmented by Formulation (Solvent-Based, Water-Based, UV-Cured, Others), by Substrate (Plastics, Ceramics & Glass, Textiles, Paper), by Application (Advertising & Promotion, Ceramic Tiles, Printing, Packaging, Clothing & Household Textiles, Glass Printing, Publication, Others), and by Region (North America, Europe, Asia Pacific, Middle East & Africa and South America). Global Digital Inks Market was valued at US$ 2.98 Bn in 2019 , and is expected to reach US$ 6.25 Bn by 2027, at a CAGR of 9.7 % during forecast period.
The solvent-based segment is expected to account for the largest share of the digital inks market
The raw materials used for the production of digital inks are petrochemicals-derived products such as solvents, carbon black, resins, mineral oils, and intermediates. Advantages of using solvent-based inks include the ability to adhere to a variety of substrates and fast drying time.
The plastics segment is estimated to account for the largest share of the digital inks market
Achieving a desired level of print receptiveness on plastics is crucial. Substrates require the right coating to anchor inks. Digitally printed plastics are widely used on Point-of-Purchase displays, labels, nameplates, light box displays, industrial graphics, exhibition graphics, and promotional graphics and membrane switches.
Advertising & Promotion is widely used application for digital inks Market.
Rising demand for digital inks in Point-of-Sale (PoS) displays, Point-of-Purchase (PoP) displays, and other digital soft signage printing in the retail end-use market. The restaurant and food services industry uses digitally-printed wide-format graphics to increase sales and create awareness about food products. The financial services industry uses digitally-printed promotional products to drive operations and sales.
Asia Pacific accounted for the largest share of the Digital inks market.
Asia Pacific is expected to be the fastest-growing market for digital inks during the forecast period. The growth of the retail end-use segment is the main factor driving the demand for digital inks for the advertising & promotion application in the region. The increasing construction expenditure is another reason for the growth of this market in the region.
The report covers a study of marketing and development strategies, along with the product portfolios of leading companies are Sun Chemical, Inx International Ink, Toyo Ink SC Holdings Co., JK Group, Nazdar Company, Fujifilm Holdings Corporation, Marabu, Sensient Imaging Technologies, Nutec Digital Ink, Bordeaux Digital Printink Ltd., Dupont, Torrecid, Siegwerk, Spgprints, Huntsman Corporation, Dip-Tech, Kornit Digital, Avery Dennison, Wikoff Color Corporation, Independent Ink, Cabot Corporation, Blue Jade Texink Pvt. Ltd., Megasign, Esmalglass – Itaca Group, Braden Sutphin Ink Company
Maximize market research, a global market research firm with dedicated team of specialists and data has carried out extensive research about the market. Report encompasses the market by different segments and region, providing the in-depth analysis of overall industry ecosystem, useful for taking informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the market. The driving forces as well as considerable restraints have been explained in depth. In addition to this, competitive landscape describing about the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global digital inks market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “digital inks Market.”
https://www.maximizemarketresearch.com/market-report/global-digital-inks-market/27151/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.
+91 9607195908