© 2016 Global Market Insights. All Rights Reserved Flexographic Printing Inks Market to surpass $11Bn by 2024

© 2016 Global Market Insights. All Rights Reserved  Flexographic Printing Inks Market is poised to surpass USD 11 billion by 2024; according to a new research report by Global Market Insights, Inc.  The overall flexographic printing inks market size is primarily driven by increasing product demand in the flexible packaging industry over the past years. The overall flexible packaging industry is projected to expand at over 4% CAGR over the projected timeframe. In addition, flexible packaging finds broad application in the industries including food & beverage and cosmetics. Strong growth in these abovementioned sectors on account of increasing consumer spending pattern will subsequently boost the global industry share by  Growing popularity of UV-cured flexographic printing inks market is another promising factor which will contribute the industry growth in the near future. It involves a high intensity UV radiation for inks drying process. This efficiently offers quick drying and thus improves the printing rate. Global Market Scenario of Flexographic Printing Inks Industry

© 2016 Global Market Insights. All Rights Reserved  Solvent-based flexographic printing inks market size is strictly governed by norms laid by FDA owing to its VOC constituents, as these inks come in direct contact with food. Moreover, these inks also release VOC during the dying process, which makes the product harmful for the environment. This trend is likely to hamper the overall industry growth by  Asia Pacific flexographic printing inks market size was more than USD 2.5 billion in Strong growth in the food & beverage, pharmaceutical and cosmetic industry, particularly due to improved consumer lifestyles is the major factor contributing industry growth in the region.  Furthermore, drifting pharmaceutical manufacturers focus towards establishing their manufacturing facilities in China. Due to high medicine demand along, low initial investment and favoring government norms towards boosting their manufacturing sector will substantially boost the regional flexographic printing inks market size by Additionally, Europe is likely to observe growth close to 4.5% for flexographic printing inks between 2016 and Continue..... Latest Research Report On Flexographic Printing Inks

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© 2016 Global Market Insights. All Rights Reserved Product Analysis:-  Water-based accounted for the maximum flexographic printing inks market share in These inks are majorly used in the paper, cardboard and newspaper printing. Increasing government initiative along with rising consumer awareness towards use of low VOC inks in the food and cosmetic packaging applications will substantially boost the industry size in the near future.  In 2015, solvent-based inks accounted for more than 25% of the overall flexographic printing inks market share. The product offers promising characteristics such as durability, high printing rate (due to speedy drying) and scratch resistance. However, firm consumer and environment safety regulations directed by the FDA may obstruct industry growth in the coming years. 360° Industry Analysis Request for customization:

© 2016 Global Market Insights. All Rights Reserved Regional Analysis: Asia Pacific flexographic printing inks market size was more than USD 2.5 billion in Europe is forecast to experience steady gains more than 4.5% CAGR by North America, mainly led by the U.S. is another prominent flexographic market share contributor. The region accounts maximum in the global package food industry, which subsequently propels the product demand in the region. Competitive Analysis: Some of the prominent flexographic printing inks market share contributors are TOYO Ink Group, RUCO Druckfarben A.M. Ramp & Co GmbH, Zeller+Gmelin GmbH & Co. KG, T&K TOKA Co., Ltd, INX International Corporation, Wikoff Color Corporation, Siegwerk Druckfarben AG & Co. KGaA, Sun Chemical Corporation, ALTANA AG, Flint Group, Zhongshan DIC Colour Co., Ltd., XSYS Print Solutions (Shanghai) Ltd, Jiangmen Toyo Ink Co. Ltd., Tercel Ink Group and Taiyuan Coates Lorilleux Inks Chemical Ltd.

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