This report provides exclusive insights into the COVID-19 impact on the Gravure Printing Inks Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Gravure Printing Inks Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Gravure Printing Inks Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on
gravure printing inks market provides an in-depth analysis of segments and
sub-segments in the global as well as regional gravure printing inks market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional gravure printing inks market over the
short term as well as long term. The report is a comprehensive presentation of trends,
forecast and dollar values of global gravure printing inks market. According to
the report, the global gravure printing inks market is projected to grow at a
CAGR of 3.9% over the forecast period of 2019-2025.
Gravure inks have very low viscosity. It makes them be drawn
into engraved cells in chambers and then exchanged onto substrates. Increasing demand for processed food and
rapid growth in the food packaging industry are the primary drivers promoting
the growth of the gravure printing inks market. Moreover, increasing the number
of applications in end-use industries boosts the growth of the gravure printing
inks market. furthermore, the applications of gravure printing ink in UV light
and moisture resistant based on various printing needs are likley to augment
the demand for gravure inks. In addition, high-quality image production and
low-per unit costs provided with gravure printing inks contribute to the
inflation of the market size of the gravure printing inks in dollar values. On
the other side, demand for flexographic printing is likely to restrain the
growth of the gravure printing inks market over the forecast period. Moreover,
technological development creates numerous opportunities for the growth of the
gravure printing inks market.
Based on geography, the global gravure printing inks market
is classified into North America, Asia-Pacific, Europe, and the Rest of the
World. The Asia-Pacific region is anticipated to have a maximum share in the
global gravure printing inks market. The growing demand for gravure printing
inks in the packaging sector and favorable government legislation in the
Asia-Pacific region stimulates the growth of the gravure printing inks market
in the Asia-Pacific region. Europe is expected to grow with a healthy CAGR over
the forecast period. The rising commercial printing trends in the European
region contribute to the growth of the gravure printing inks market in Europe.
North America is expected to demonstrate growth in the global gravure printing
inks market due to technological innovations in printing technology.
The report on the global gravure printing inks market covers
segments such as resin, technology, and application. On the basis of resin, the
sub-markets include polyamide, polyurethane, acrylic, nitrocellulose, and other
resins. On the basis of technology, the sub-markets include solvent-based,
water-based, and other technologies. On the basis of application, the
sub-markets include packaging, furniture, publication, and other applications.
The report provides profiles of the companies in the market
such as DIC Corporation, Flint Group, Tokyo Printing Ink MFG Co., Ltd.,
Hubergroup Deutschland GmbH, Wikoff Color Corporation, Sakata Inx Corporation,
Worldtex Speciality Chemicals, Mac-Mixu Coating & Chemicals Pvt. Ltd., Sun
Chemical Corporation, T & K TOKA Corporation, and other companies.
Companies operating in the global gravure printing inks market are focusing on
mergers, acquisitions and new product launches that maximize their market
share. For instance, DIC Corporation has acquired BASF’s global pigments
business known as BASF Colors & Effects. This acquisition has broadened
DIC’s portfolio as a global manufacturer of pigments, including cosmetics, coatings,
inks, and other applications.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of gravure
printing inks market. Moreover, the study highlights current market trends and
provides forecast from 2019-2025. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.