The Global Ink Resin Market, along with its applications, has witnessed
a moderate growth for the past few years mainly
driven by the highly developing Asia-Pacific, and RoW regions; and this growth
is estimated to increase in the coming years. The properties such as solvency,
good flow, resin stability, ability of dilution, remarkable gloss, providing
good surface appearance and ink performance will be the key influencing factors
for the Global Ink Resins with an
increased emphasis on its different applications and their ink resins types.
Market Trends:
As noted, region wise, Ink Resins
Market has major share in Asia Pacific, especially in countries such as
China, India and South Korea.
Segment wise, a huge percent of the Total Ink Resins demand was consumed by the corrugated cardboard
& folding cartons application in the past few years, according to IndustryARC market research report.
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Market Drivers being: improved supply of raw materials for ink
resins, growth of packaging and energy curable inks, long term strategic
partnerships of ink resin suppliers with ink manufacturers, environmental
protection legislations, and new ink resin technologies. The growth of the
flexible packaging applications is also driving the growth for ink resins.
The demand for flexible packaging
is increasing in China, which is also one of drivers for the ink resins market
in Asia-Pacific. The Eastern and Central European nations, emerging South-East
Asian, and Latin American nations that will host the future global events would
supplement the growth of food & beverage packaging, followed by publishing
and promotion which will indirectly boost the demand for the ink resins.
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REPORT SCOPE:
Market Segmentation:
Ink Resins Market is segmented into 5 big types based on certain
factors like:
1. By
Type: Modified Rosin, Hydrocarbon, Acrylic, Polyamide and Others.
2. By
Technology: Water-based, Solvent-based, Oil-based and Others.
3. By
Process: Lithographic, Gravure, Flexographic and Others.
4. By
Application: Flexible Packaging, Printing and Publications and Others.
5. By
Geography: Americas, Europe, APAC and ROW.
Key Players:
The key competitive companies of Ink Resins Market are discussed in
depth and studied based on Company Overview, Product Portfolio, Financials and
Developments. Key Insights including quantitative and qualitative analysis of
the complete market is made available in this report. Few companies studied and
mentioned in the report:
·
BASF SE
·
The Dow Chemical Company
·
Evonik Industries AG
·
IGM Resins, Inc.
·
Hydrite Chemical Co.
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