The Europe printing inks/packaging inks market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 6.6% in the forecast period of 2021 to 2028 and is expected to reach USD 3,788.89 million by 2028.
Europe Printing Inks/Packaging Inks Market - Scope and Size:
The Europe printing inks/packaging inks market is segmented based on technology, type, resin, substrate, and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of technology, the Europe printing inks/packaging inks market is segmented into solvent based, oil based, water based, UV curable, LED curable, EB curable, and others. In 2021, solvent based segment is expected to dominate the Europe printing inks/packaging inks market as it is more durable and can be applied to other materials such as uncoated vinyl and PVC. This is also used in food packaging, which is dominant in the region.
• On the basis of type, the Europe printing inks/packaging inks market has been segmented into flexo inks, offset inks, gravure inks, jet inks, metal decorative inks, security inks, and others. In 2021, the flexo inks segment is anticipated to dominate as it is a strong choice for volume production and ink costs, and no special coatings are required. This is a general-purpose ink that can be used on a wide range of substrates, including the food and manufacturing industry.
• On the basis of resin, the Europe printing inks/packaging inks market has been segmented into polyurethane, acrylic, vinyl, polyamide, polyketone, nitrocellulose, and others. In 2021, polyamide is expected to dominate the Europe printing inks/packaging inks market. It is mostly used for flexible packaging and reverse printings and is highly suitable for flexographic and gravure inks. The flexible packaging required for all the goods suites this resin.
• On the basis of substrate, the Europe printing inks/packaging inks market has been segmented into paper and board, polyethylene, aluminium, polyvinyl chloride, polypropylene, polyvinyl acetate, polyolefin, cellophane, polyester, nylon, and others. In 2021, the paper and board segment is anticipated to dominate as it can be manufactured in all shapes and sizes with good adaptability to the component. The mass packaging of the components and manufacturing industry in the European region demands paper and board packaging.
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Market Analysis and Insights - Europe Printing Inks/Packaging Inks Market:
Printer ink is a type of ink that flows smoothly, dries quickly, and is of a consistency able to hold enough color to make printed matter legible. It is made in a fashion similar to paint. Colored dyes are added to the liquid base and are mixed well. The base ingredient of printer ink is usually oil, either linseed oil, soybean oil, or petroleum distillate. Carbon black and varnish are combined to make basic black ink. Colored ink is made with dyes/compounds like peacock blue, yellow lake, diarylide orange, and phthalocyanine green. Color shading is adjusted through the addition of white pigments, such as titanium dioxide. In addition, it contains numerous additives to make it flow properly and adhere to the paper.
Country Level Analysis - Europe Printing Inks/Packaging Inks Market:
The countries covered in the Europe printing inks/packaging inks market report are Germany, Italy, the U.K., France, Turkey, Spain, Russia, Netherlands, Belgium, Switzerland, and the Rest of Europe. Germany dominates the Europe printing inks/packaging inks market due to the region's high manufacturing industry and automotive industry requiring packaging industries for printing inks/packaging inks.
Key Players - Europe Printing Inks/Packaging Inks Market:
The major companies which are dealing in the Europe printing inks/packaging inks are DIC CORPORATION, SAKATA INX CORPORATION, Siegwerk Druckfarben AG & Co. KGaA, TOYO INK SC HOLDINGS CO., LTD., hubergroup Deutschland GmbH, Flint Group, Kao Collins Corporation, SICPA HOLDING SA, T&K TOKA Corporation, among others in domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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MAJOR TOC OF THE REPORT:
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Global Autoclave Market by Product & Procedure type
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