Global Security Ink Market Overview:
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.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2022-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Emphasizing on Development of Security Ink Which is Invisible in UV Light and Development of Security Ink Readable with Fluorescence Microplate Reader
Market Growth Drivers:
Growth in Security Printing Industry and Growing Occurrence of Forgery and Counterfeiting Activities
Challenges:
Lack of Awareness in Emerging Countries
Restraints:
High Cost Associated with Security Ink
Opportunities:
Increasing Applications of Security Ink to Authenticate and Protect Important Documents and Rise in Demand from Developing Countries
Competitive Landscape:
Some of the key players profiled in the report 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). Additionally, following companies can also be profiled that are part of our coverage like Markem-Imaje (United States), SAATI S.p.a. (Italy) and Epolin Inc. (United States). Considering Market by End User, the sub-segment i.e. Government Agencies will boost the Security Ink 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.
What Can be Explored with the Security Ink Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Security Ink Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Security Ink
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
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 related to 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, USPTO, EPO, Annual reports, press releases etc.