Ink solvents are explicitly formulated chemicals that are utilized for printing purposes. These control viscosity and permit flow without any damage to printing rollers. Ink solvents of different types such as conventional and bio-based solvents are widely used for, industrial, commercial, and household printing purposes. The most commonly used solvents for the making of inks are n-propyl acetate, ethyl acetate, isopropanol, and methylated spirits.
MARKET DYNAMICS
The factors such as low VOC emission of inks and an expansion in demand for ink solvents in various industries are anticipated to drive the ink solvents market. The packaging sector is continually expanding; therefore, printing has developed its firm foothold in the inks industry which is further expected to drive the market growth. Furthermore, the advancement in technologies and the launch of bio-based solvents have led to the replacement of traditional solvents which is the key trend anticipated to bolster the market.
MARKET SCOPE
The "Global Ink Solvents Market Analysis to 2028" is a specialized and in-depth study of the Chemicals & Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the Ink Solvents market with detailed market segmentation by type, product type, process, application. The global Ink Solvents market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Ink Solvents market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Ink Solvents market is segmented into type, product type, process, application. By type, the Ink Solvents market is classified into Alcohols, Acetates, Hydrocarbons. By product type, the Ink Solvents market is classified into Conventional, Bio-based. By process, the Ink Solvents market is classified into Flexographic, Gravure, Others. By application, the Ink Solvents market is classified into Packaging, Corrugated, Publication, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global Ink Solvents market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The Ink Solvents market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Ink Solvents market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the Ink Solvents market in these regions.
MARKET PLAYERS
The report covers vital developments in the Ink Solvents market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the Ink Solvents market are anticipated to lucrative growth opportunities in the future with the rising demand for Ink Solvents in the global market. Below mentioned is the list of few companies engaged in the Ink Solvents market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Ink Solvents market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- BASF SE
- Eastman Chemical Company
- Dow Chemical Company
- Arkema S.A
- Celanese Corporation
- Evonik Industries AG
- Ashland Inc.
- Solvay AG
- Royal Dutch Shell
- Omnova Solutions
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