Global Gravure Printing Inks Market Is Anticipated to Reach Us$2.6 Bn in 2024, Expanding at a Cagr of 3.98% from 2016-2024

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Gravure Printing Inks Market - Global Industry

Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

Published Date

06-Sept-2016

167 Page Report

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Latin America to Surpass Asia Pacific to become Leading

Regional Market for Gravure Printing Inks, predicts TMR

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Gravure Printing Inks Market

REPORT DESCRIPTION

Gravure Printing Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

2016 - 2024

The global gravure printing inks market is immensely fragmented, finds Transparency Market Research, and

the top six companies cumulatively accounted for a share of over 75% in 2015. The production and market

revenue of these players – Sun Chemical Group, Flint Group, Toyo Ink Mfg. Co. Ltd., Sakata INX, Siegwerk

Druckfarben AG & Co. KGaA, and Huber Group – have been adversely impacted due to various economic and

technological developments in the past few years. However, TMR predicts that these vendors are likely to

witness moderate growth during the forecast period.

Increasing their focus on R&D activities, expansion toward digital printing inks, and inorganic expansions are

some of the leading strategies adopted by players in the gravure printing inks market. Toyo Printing Ink’s

launch of Zipcure, an energy-saving UV ink, and Sun Chemical’s acquisition of Druckfarben Hellas are recent

examples of these strategies.

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The opportunity presented by the global gravure printing ink market is expected to be worth US$2.6 bn by

2024, states TMR, rising from US$1.8 bn in 2015 at a 3.98% CAGR therein. In terms of volume, the market is

expected to register a CAGR of 3.4% from 2016 to 2024.

Demand for...