Market Research Report
Global Curable Ink Market, 2013-2023
|Published by||Market Krystal||Product code||927560|
Delivery time: 1-2 business days
|Global Curable Ink Market, 2013-2023|
|Published: February 1, 2020||Content info:||
Ultraviolet curing (UV curing) is a photochemical process wherein high intensity UV light is used to cure or dry inks, adhesives or coatings. Curable inks speed up the printing process by reducing the drying time while facilitating superior bonding. Curable inks do not employ the use of environmentally harmful solvents, additionally; they do not cause loss of coating thickness and volume loss in final prints. This causes a reduction in waste, pollutant emissions and energy use. Curable inks are being increasingly used in printing applications as they offer higher productivity and increased printing throughput.
The global curable ink market research report sheds light on the market circumstances by carrying out primary and secondary research for more than 320 hours. As per the report, the global curable ink market is growing at a fast pace and increasing its geographical footprint rapidly. The global curable ink market is valued at US $ xxx million dollars in 2018 which is forecast to grow at CAGR of xx% and reach a massive US $ xxx million dollars by the end of 2023 in value.
The increasing demand of inks & pigments for printing applications is the key driver for the Curable inks market. Curable inks impart numerous features and functionalities which make them suited for specialized printing needs. For instance, Curable inks are used to print directly on rigid surfaces and on polyethylene billboards. They can also be used on metal, glass, ceramics, PVC, synthetic paper and other substrates. The quick drying and high ink saturation feature of curable inks makes them suited for these niche applications which has been driving this market. This trend is expected to continue within the forecast period.
However, high cost of curable inks is expected to restrain the growth of this market in the near future. Technological advancements to produce curable inks for application on acrylics and polypropylene are expected to open new areas of opportunity for the curable inks market.
The curable inks market has remarkable usage across all major regions in the world including Europe, APAC, North America, Middle East and Africa, and Latin America. This report consists of the profiles of leading companies such as APV Engineered Coatings, Hewlett-Packard Company, Illinois Tool Works, Inc., Leibinger Group, RUCO Druckfarben, Eastern Marking Machine Corp., Flint Group, Toyo Ink SC Holdings Co., Ltd., Gans Ink & Supply Co. and T&K Toka Corporation.
The research process includes the market segmentation of the global curable inks market, identifying the growth determinants of every market segment and market forecasts. All the market forecasts are done in accordance with the inputs taken from the curable inks industry experts. Market Krystal held more than 40 interviews for this study, details of which are mentioned:
By company type: Manufacturers (40%), Suppliers (20%), Consumers (20%), Researchers (10%), Independent industry consultant (10%)
By geography: North America (25%), Asia (40%), Europe (20%), Rest of the World (15%)
By designation: Top level (40%), Operation level (20%), Mid-level (40%)