Ink Solvent Market research report published by Market Research Future sharing details on Market Analysis, new Technology, Scope, Stake, Progress, Trends and Forecast up to 2023. The Global Ink Solvent Market has been driven by the range of its application in various sectors such as packaging, corrugated, publication, and others. Moreover, it is estimated that the packaging segment is set to witness the highest growth in the market due to the growing consumption of Ink Solvent in the production of glazed and transparent paper over the forecast period, 2017-2023.
Ink Solvent Market- Top 10 global key players and their strategy; Some of the major players functioning in the Global Ink Solvent Market are
- Arkema S.A. (France),
- Ashland (U.S.),
- BASF SE (Germany),
- Celanese Corporation (U.S.),
- The Dow Chemical Company (U.S.),
- Eastman Chemical Company (U.S.),
- Evonik Industries AG (Germany),
- INEOS (U.K.),
- OMNOVA Solutions Inc (U.S.),
- Royal Dutch Shell plc (the Netherlands) among others.
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Ink Solvent Market– Market Overview / Study Objective / Synopsis
A few years back, alcohol was mainly used in the printing machines. It was mainly used to reduce the surface tension, and impart corrosion resistance action to machines. Moreover, its high cost, toxic characteristics, lower control of conductivity, and other features are hampered its market growth over the assessment period. It is projected that the green & bio-based segment is set to grow at a significant rate owing to its extraordinary features such as recyclability, low miscibility, higher boiling point, and others. Due to these factors, manufacturers have shifted their focus from conventional products to eco-friendly solvents in end-use industries such as paints & coatings, construction, and others.
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Ink Solvent Market– Intended Audience
- Ink Solvent Market Manufacturers
- Traders and Distributors of Ink Solvent Market
- Production Process Industries
- Potential Investors
- Raw Material Suppliers
- Nationalized Laboratory
Ink Solvent Market – Segment
The Global Ink Solvent Market is segmented into the chemistry type, product type, process, and application. On the basis of the chemistry type, the market is segregated into alcohols, acetates, and hydrocarbons segments. The market by product type is sub-divided into conventional, green & bio-based segments. The market by the process is classified as flexographic and gravure segments. The market by application is bifurcated into packaging, corrugated, publication, and others.
Ink Solvent Market–Regional Analysis
The Global Ink Solvent Market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds the major portion of the global market and is anticipated to continue its dominance due to rising demand for ink-solvents in various applications such as magazines, catalogs, periodicals, directories, and others. Countries such as China, Japan, and India are the major players in this region. The North America region is estimated to witness a higher growth in the countries U.S., Canada and Mexico owing to increasing demand for ecofriendly and low-cost solvent in packaging, publication, and others. The enactment of new rules and regulations set by the European Union has driven the manufacturers to use bio-based solvents in consumer goods and appliances.
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