Market Highlights: Security inks are used to protect printed materials in different forms. It is used in official identity documents, banknote, tax banderoles, postage stamps, product markings, and security labels. And in numerous printing solution such as silkscreen printing, intaglio printing, offset printing, and letterpress printing. Security ink market has high growth prospects owing to rise in forgery and counterfeiting activities and technological development such as security ink readable with a fluorescence microplate reader and other expected to drive the demand for security ink over the forecasted period. The market study is being classified by Type (Intaglio Inks, Silkscreen Inks, Letterpress Inks, Offset Inks and Others), by Application (Banknotes, Official Identity Documents, Tax Banderoles, Security Labels and Others) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Security Ink are Sun Chemical (United States), Gleitsmann Security Inks (Germany), Letong Chemical Co., Ltd. (China), Kao Collins Inc. (United States), Ink Tec Inc. (United States), Villager Security Solutions AG (Switzerland), Hologramas de Mexico (Mexico), Exchequer Print Security Pty Ltd. (Australia), Wikoff Color Corporation (United States) and Magnum Inks & Coatings (United States).
The End User, such as Government Agencies, is boosting the Security Ink market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
3rd April 2019, Luminescence Sun Chemical Security the security inks division of Sun Chemical to launch ASPECT, its new range of Level 2, machine-readable security inks for banknotes.
Key Questions Answered in the Report What will the Security Ink Market size and the growth rate be in Future? What are the key factors driving the Security Ink Market? What are the key market trends and macro-economic impacting the growth of the Security Ink Market? What are the challenges to market growth? Who are the key vendors in the Security Ink Market? What are the market opportunities and threats faced by the vendors in the Security Ink Market? Trending factors influencing the market shares of the Vendors. What are the key outcomes of the five forces analysis of the Security Ink Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Security Ink market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Security Ink market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Security Ink Manufacturers, Security Ink Suppliers and Distributors, Technology Distributors, Potential Investors, Industry Associations, Market Research Firms, Government Organizations and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.