The report of Water-based Inks market by Resin Type (Acrylic, Polyester, Maleic and Others (including Polyurethane and Phenolic)), Technology (Flexography, Gravure, Digital and Others (including Screen Printing, Sheet-fed Printing, and Offset Printing), Application (Packaging, Publication, Tags & Labels and Others (including Decorative and Product)) and Region (Asia Pacific, North America, Europe, Latin America, and Middle East Africa) is expected to reach US$ XX Bn by 2027, at a CAGR of XX% during a forecast period.
Water-based ink formulations consist of surfactant, wax, and deformer additives were prepared and printed on polyethylene film substrates. The water-based inks market is expected to register substantial growth because of increase in demand for environment friendly inks in emerging economies. Growing needs for convenient packaging and handling in different Fast-moving consumer goods (FMCG) products is said to augment the Global Water-based Inks Market in the forecast period.
Flexography printing segment is expected to grow at the highest XX% CAGR during the forecast period.
Among the all segments of technology, the flexography printing technology is one of the broadly used in printing processes such as paper, plastic, and paperboard. Market share of the flexography technology segment is projected to increase during the forecast period thanks to its ability to print of a wide variety of substrates and usage of eco-friendly printing inks for example water-based printing inks. Growth of flexible tags & labels and packaging printing industries is drive the segment during the forecast period.
The North America dominated the Water-based Inks Market in 2018
On the basis of region Water-based Inks market divided into five region such as Asia Pacific, North America, Europe, Latin America, and Middle East Africa. Among all the regions, North America had largest market share in 2018 and is projected to lead the market during the forecast period, by reason of growth of the advertisement sector and rise in investment in the marketing of food & beverages.
Key players operating the Water-based Inks market are Sun Chemical Corporation, Flint Group, Siegwerk Druckfarben AG & Co. KGaA, Toyo Ink SC Holdings Co., Huber Group, Wikoff Color Corporation, Doneck Euroflex S.A.Sebek Inks, Dolphin Inks, BCM Inks, Chimigraf, Group (Luxembourg), DIC Corporation, Sakata Inx, T&K Toka (Japan), Siegwerk, Color Resolution International and others.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about. The report encompasses the market by different segments and regions, providing an in-depth analysis of the overall industry ecosystem, useful for making an 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 The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors has been taken into consideration for enhancing market know-how of our clients and at the same time explain Water-based Inks Market positioning of competitors.
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