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Home  > Markets & companies  > Coatings market  > Global printing inks market to grow by 2017

Wednesday, 18 September 2019
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Markets & companies, Coatings market

Global printing inks market to grow by 2017

Thursday, 8 December 2011

According to the new market report by Global Industry Analysts, the global printing inks market is projected to reach USD 18.2 billion by the year 2017.

Asia-Pacific is projected to exhibit the fastest growing market for printing inks with a CAGR of 5.5 % over the analysis period until 2017.
Source: Altana AG
Asia-Pacific is projected to exhibit the fastest growing market for printing inks with a CAGR of 5.5 % over the analysis period until 2017. Source:...

The global market for Printing Inks is projected to reach USD 18.2 billion by the year 2017, driven by the mounting popularity of environment friendly inks, and incessant technology innovations that are opening up newer growth avenues including relatively new markets such as UV and ink jet inks. Radiation curing inks and energy-curable ink technology also offer numerous opportunities, thereby pepping up industry growth prospects, according to the market study "Printing Inks: A Global Strategic Business Report" by market research company GIA (Global Industry Analysts). As stated by the new market research report, the US continues to remain the single largest regional market, in terms of volume as well as value sales. The European market is driven by rising sales of UV as well as free radical and cationic inks. Although dominated by the developed economies, emerging trends in the developing countries are triggering growth in the global printing inks market. Energy curable ink systems continue to unlock newer applications in the European and Asian markets. Asia-Pacific, particularly China and India, represent the fastest growing printing inks markets. Asia-Pacific is projected to exhibit the fastest CAGR of 5.5 % over the analysis period. Publication and commercial printing is a growing business in Asia, fuelled by developing markets such as China and India.

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