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Date Submitted: 11/23/2016 10:39 PM
Transparency Market
Research
UV Cure Printing Inks Market - North America Industry
Analysis, Size, Share, Growth, Trends, and Forecast
2016 - 2024
Published Date
21-Nov-2016
81 Page Report
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Press Release
North America UV Cure Printing Inks Market: Rising Usage in
Offset Printing to Create Growth Opportunities, Says TMR
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UV Cure Printing Inks Market
REPORT DESCRIPTION
UV Cure Printing Inks Market - North America Industry Analysis, Size, Share, Growth, Trends, and
Forecast 2016 - 2024
Due to the absence of a clear dominance, the North America UV Cure Printing Inks Market is demonstrating a
moderately fragmented but highly competitive landscape. FUJIFILM, Flint Group, Nazdar, DuPont, Toyo Ink
America, and Sun Chemical Corp. are some of the leading companies in this market.
Currently, these players are aggressively focusing on competitive pricing strategy in order to enhance their
visibility in this market. However, this strategy is expected to intensify the rivalry between the participants in the
coming years.
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According to TMR’s estimations, the North America market for UV cure printing inks offered an opportunity
worth US$362.9 mn in 2015. Advancing at a CAGR of 10.30% between 2016 and 2024, the market is
projected to cross US$865.9 mn by the end of the forecast period. Offset printing surfaced as the key
application area of UV cure printing inks in 2015 with a share of 38%. Driven by its extensive usage in the
packaging and the publication and commercial printing sectors, this segment is likely to remain dominant over
the forecast period.
U.S. to Continue as Market Leader Thanks to Growing Demand from Publication and Commercial
Printing
The...