Table of Contents
The report covers the global ink resins market and further segments the market on the basis of type, technology, application, and region. The market data for these types is given with respect to volume (kilotons) and value ($million). The global market value of ink resins is estimated to be $2,740.22 million in 2014 and is projected to grow at a CAGR of about 4.78% between 2014 and 2019. The data mentioned in the report are based on the global demand for ink resins.
The global market for ink resins has been analyzed based on the Porter’s five forces model. This gives an idea about the current proceedings in the industry at commercial level. The study provides the value chain analysis with respect to the technology providers, ink resin producers, printing ink manufacturers, and end-user industries. The value chain describes the key contributors to the ink resins market at different stages from product development to end use. It represents the top players which are contributing to the global ink resins industry.
The impact of different market factors, such as drivers, restraints, and opportunities is also illustrated in the report. This gives an idea about the key drivers such as government regulatory support, public awareness, application growth for ink resins in Asia-Pacific especially in China and India where there is robust growth in the food and beverage packaging followed by online retail industry. The economic slowdown in Europe and U.S. also affected the economy of other developed countries and the price volatility of the printing inks in the past made the market more strained for the printing ink applications.
The global ink resins market is also classified based on different applications. The important applications include printing & publication, flexible packaging, corrugated cardboards & cartons, and others. The corrugated cardboard and flexible packaging applications are expected to show moderate growth in the future due to the advancements in the trend of online shopping.
The key companies in this market are 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.). These companies are consistently focusing on expanding their production capacity to achieve a competitive advantage and thereby serving the customers more effectively. New product launches were the most preferred strategies by the top players in 2013 that were driving the demand of ink resins. Their strategy to capture the untapped market in developing economies includes agreements, collaborations, and joint ventures.
The Asia-Pacific region emerged to be the driving factor for this market, contributing for about 46.45% of the global demand in terms of market share in 2013. China is the leading country in the consumption of ink resins, due to the increased demand of the printing inks from the packaging industry. The important emerging economies such as Brazil, India, Russia, and others are further lined up for a brighter future in this market.
The report also presents a competitive landscape covering different strategies and developments such as mergers & acquisitions, investments and expansions, new product launches, agreements and collaborations undertaken by the leading ink resins companies in the past few years. Furthermore, different ink resins market participants are also profiled in the report.
Scope of the report
The global ink resins market is segment as follows:
The global ink resins market has been covered in detail in this report. In order to provide an all-round picture, the current market demand and forecasts have also been included.
On the basis of resin type:
• Modified Rosin
• Modified Cellulose
On the basis of technology:
• UV-curable based
On the basis of application:
• Printing & Publication
• Flexible Packaging
• Corrugated Cardboards & Cartons
On the basis of region:
• North America
The market is further analyzed for key countries in each of these regions.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
Global Waterbased Coating Market: Overview Water-based coatings are a type of coating which use water as a solvent. Water is employed as a dispersal agent for resins to make them eco-friendly and easy ...
“Global phenolic resin market projected to register a CAGR of 5.8%” The global phenolic resin market is projected to reach USD 15.01 billion by 2021, at a CAGR of 5.8% from 2016 to 2021. The growth ...
“The global unsaturated polyester resins market is projected to grow at a CAGR of 5.78% from 2016 to 2021” The global Unsaturated Polyester Resins (UPR) market is projected to reach USD 12.15 billion ...