Ink Additives Market: Information by Ink Additives Types (Rheology Modifiers, Foam Control Additives, Dispersing & Wetting Agents, Slip/Rub Materials), Process (Flexographic, Lithographic, Gravure, Digital), Technology (Solvent-Based, Water-Based), Application (Packaging, Publishing, Commercial Printing) Region — Global Forecast till 2023
Pune, India - August 6, 2019 /MarketersMedia/ —
Segmentation:
The Global Ink Additives Market has been segmented on the basis of Types, Process, Technology, Application and Region.
Based on Types, the Global Ink Additives Market has been divided into rheology modifiers, foam control additives, dispersing & wetting agents, slip/rub materials, and others.
By Process, the Global Ink Additives Market has been categorized as flexographic, lithographic, gravure, and digital among others.
Based on Technology, the Global Ink Additives Market has been categorized as solvent-based, water-based, and others.
On the basis of Application, the Global Ink Additives Market has been categorized as packaging, publishing, and commercial printing. Packaging application further classified in rigid, flexible, labels & tags, and others. Similarly, publishing application is further sub-segmented into newspaper, magazines, and others.
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Key Players:
BASF SE (Germany), Evonik Industries (Germany), ALTANA AG (Germany), Elementis Plc (UK), Shamrock Technologies (US), Harima Chemicals Group (Japan), Solvay S.A (Belgium), Lubrizol (US), Croda International Plc. (UK), Allnex (Germany), Clariant (Switzerland), Polyone Corporation (US), Raybo Chemical Company (US), and Honeywell International Inc. (US) among others are some of the key players in the Global Ink Additives Market.
Regional Outlook:
Asia-Pacific is the prominent consumer of Ink Additives due to highly consumption of printing inks in packaging for rigid and flexible applications. The low-cost solvent based technology is more popular in the region. Solvent-based ink improves the scratch and rub resistance of the printing surface. Japan is the leading country for the innovation of printing inks and hence develops advanced Ink Additives for various applications. China is the major consumers of the product in the region and is expected to lead the market over next decade.
The US is anticipated to lead the market in North America owing to the increasing demand of product for food packaging solutions. Recently, In January 2019, Evonik Industries acquired Structured Polymer Inc. in the US for 3D printing material. The company planned to use polymers in ink additive manufacturing to innovate the product.
European countries, such as Germany, France, and Italy collectively accounted for the majority of market share of European market share in 2017. Most of these countries are increasing the demand for low VOC Ink Additives for packaging applications.
Ink Additives Market in Latin America and Middle East & Africa are estimated to witness substantial growth during the forecast period.
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