Global Solvent-Based Inks Market: Reduction of Paper-Based Communication Due to Proliferation of Internet to Impact Demand, Reports Tmr

Transparency Market

Research

Solvent-based Inks Market - Global Industry Analysis,

Size, Share, Growth, Trends, And Forecast 2016 - 2024

Published Date

02-Sept-2016

363 Page Report

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Global Solvent-based Inks Market: Reduction of Paper-based

Communication due to Proliferation of Internet to Impact

Demand, reports TMR

Transparency Market Research

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Solvent-based Inks Market

REPORT DESCRIPTION

Solvent-based Inks Market - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2016

- 2024

The global solvent-based inks market is moderately fragmented, and thus, there is no single player holding

dominance over the market. Players in the market are developing newer products to increase their consumer

base and this is intensifying the competition in the market. A key trend that has gripped the industry is the ecofriendliness of inks. As such, players have started focusing on developing solvent-based inks that have less of

volatile organic compounds (VOC) content. Players are also broadening their product portfolio by developing

solvent-based inks to be useful for flexographic printing, gravure printing, and digital printing. As per a new

study by Transparency Market Research (TMR), the easy availability of raw materials is expected to increase

the threat of new entrants. Moreover, the environmental concerns regarding VOC emissions will create a need

for bio-based printing ink, giving new entrants an increased chance for entering the market.

According to the report, the global solvent-based inks market is expected to rise from US$5,415.4 mn in 2015

to US$7,915.3 mn by 2024. By geography, Asia Pacific is expected to lead and account for 40.73% of the

market by 2024. The Europe market for solvent-based inks is expected to expand at a 3.66% CAGR from 2016

to 2024. By application,...