Ink Resin Market by Type, by Application & by Technology - Global Forecasts & Trends

Posted October 31, 2018 by abhijeetw1

195 Pages of Report on Ink Resins Market is expected to reach worth $3,461.61 Million.

The ink resins market is estimated to reach 1,082.44 kilotons by volume by 2019, signifying a firm CAGR of over 3.43% between 2014 and 2019.

The global market of ink resins, along with its applications, showed a moderate growth in the past few years and is estimated to continue in the coming years. An increase in the demand in flexible packaging, folding cartons, corrugated cardboard, promotion, and other applications will be the key influencing factors for the global ink resins market. The demand for online shopping is increasing in the emerging countries and lables, plastic bags and invoice are used for packaging which eventually drive the printing ink market.

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Currently, the Asia-Pacific region is the largest consumer of ink resins and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific ink resins market, with China having the largest share in the regional volumetric consumption of ink resins. The market volume of ink resins is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.

The steady rise of digital media has shrunk the print media market by which many players have shifted at least half of their marketing spending from traditional to digital advertising over the last few years. More than 58% of the total ink resins demand was for the printing & publication application in 2013, with flexible packaging demand being the second largest application.

The significant ink resins manufacturers include Arakawa Chemical (Japan), Arizona Chemical (U.S.), BASF SE (Germany), Evonik Tego Chemie GmbH (Germany), Hydrite Chemical (U.S.), IGM Resins (Netherlands), Indulor (Germany), Lawter B.V. (U.S.), Royal DSM N.V. (Netherlands), and The Dow Chemical Company (U.S.), and other local players.

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Issued By marketsandmarkets
Country United States
Categories Business , Industry , Manufacturing
Tags ink resin , ink resin market
Last Updated October 31, 2018