Markntel Advisors

Global Next-Generation Printing Ink Market Is Expected to Grow at a CAGR of 8.24% During 2021-2026

In the North American region, the US dominates the Next-Generation Printing Ink Market due to factors, such as rising demand for fabric & garment printing with rigorous regulation for food-safe inks. These factors are also likely to drive market growth in the coming years.

 

Delta, BC -- (SBWIRE) -- 05/26/2021 -- According to the MarkNtel Advisors research report, "Global Next-Generation Printing Ink Market Analysis, 2021," the market is likely to grow at a CAGR of 8.24% in the forecast period of 2021-26. It owes to the expanding initiatives for anti-microbial ink advancements by several digital printing ink companies and mounting environmental concerns, associated with a strong push from governments to adopt sustainable ink. These factors are impacting the Global Next-Generation Printing Ink Market growth positively in the coming years.

Key questions answered in the study
1. What are the current and future trends in the Global Next-Generation Printing Ink Market?
2. How has the industry been evolving in terms of geography and services adoption?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Global Next-Generation Printing Ink Market?
5. What are the customer orientation, purchase behavior, and expectations from the Global Next-Generation Printing Ink Market service providers across various regions?

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UV-Cured Ink to Attain Largest Market Share
Based on Ink Type, the UV-cured Ink segment shall attain the largest market share in the forthcoming years. This type of ink primarily consists of acrylic monomers with a photoinitiator. The ink is exposed to UV light, causing a chemical effect, followed by the cross-linking of ink elements into a solid. The ink sets & dries quickly on its exposure to UV light and becomes good to go for the production process. It is durable & suitable for printing on multiple flexible materials, with direct to stiff substrates. UV-curable ink also exhibits some environmental benefits, as it uses ink without toxins and wastage than that of solvent-based inks.

Packaging to Hold the Fastest Growth Rate
The Packaging segment held the fastest market growth in the previous years and is likely to continue witnessing the same in forecast years. Packaging is the most crucial element in product marketing as it enables the effective positioning of products for consumers and helps them influence their purchasing decisions. Additionally, its ability to get customized in different shapes, sizes, and colors is also a crucial factor further propelling its demand globally.

"Global Next-Generation Printing Ink Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Next-Generation Printing Ink providers across the globe. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

According to MarkNtel Advisors, the major leading players in the Global Next-Generation Printing Ink Market are Roland DG Corporation, Sensient Technologies Corporation, HP Inc. (Hewlett-Packard), Sakata INX Corporation, Dover Corporation, Mimaki Engineering Co., Ltd., FUJIFILM Holdings Corporation, Memjet, Domino Printing Sciences PLC, DIC Corporation, Huntsman Corporation, Flint Group, Kornit Digital Ltd., DuPont de Nemours, Inc., Altana AG.

Market Segmentation:
1. By Ink Type (Aqueous Ink, Solvent-Based Ink, UV-Cured Ink, Eco-Solvent Ink. Latex-Based Ink, Others )
2. By Printing Technology (Inkjet (Continuous Inkjet Printing Technology, Drop-on-Demand Inkjet, Printing Technology), Laser)
3. By Application (By Apparels (Direct-to-Garment, Roll-to-Roll (Fabric), Publishing and Printing, Signage, Security and Transactional Printing, Others (Books and Magazines)), Packaging (Signage and Display Graphics, Corrugated Packaging, Others (Flexible Packaging, Bottles, and Cans)), Building and Construction(Ceramic Tiles, Decorative Floors (Laminate Flooring), Others (Decorative Glass, Wallcoverings)), Cosmetics, Others (Printed Circuit Boards, Automotive, Healthcare, etc.))
4. By Region (North America, Latin America, Europe, Asia-Pacific, Middle East, and Africa)
5. By Competitors (Roland DG Corporation, Sensient Technologies Corporation, HP Inc. (Hewlett-Packard), Sakata INX Corporation, Dover Corporation, Mimaki Engineering Co., Ltd., FUJIFILM Holdings Corporation, Memjet, Domino Printing Sciences PLC, DIC Corporation, Huntsman Corporation, Flint Group, Kornit Digital Ltd., DuPont de Nemours, Inc., Altana AG.)

About MarkNtel Advisors
MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

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