Global Ink Resin Market Overview:
Ink resin is used in the making of printing ink. It assists the ink pigment in adhering to the substrate. Resins dictate the properties of ink like gloss, hardness, adhesion. Their use is highly dependant on the type of ink technology. Ink resins consist of various properties like solvency, durability, dilutable, and gloss. The market and its cost-effectiveness are highly dependant on raw materials which in turn is affected by crude oil prices. The market is dependent on newspapers and monthly magazine sales. Some of the players profiled in the study are BASF SE (Germany), Arakawa Chemical (Japan), DSM (Netherlands), Arizona Chemical (Kraton) (United States), Evonik Tego Chemie GmbH (Germany), Hydrite Chemical (United States), IGM Resins (Netherlands), Indulor (Germany), Lawter B.V. (United States), Royal DSM N.V. (Netherlands) and The Dow Chemical Company (United States).
On the basis of geography, the market of Ink Resin has been segmented into 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). If we see Market by Base, the sub-segment i.e. Water-Based will boost the Ink Resin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Substrates, the sub-segment i.e. Paper will boost the Ink Resin market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Rising in Demand in Flexible Packaging
- Demand for the Environmental Friendly Bio-Based Solvent in Printing and Publication
Influencing Trend
- Increasing Demand from Asia-Pacific Countries Like China and India
Restraints
- Due to Rising Digitalisation, Use of Printing Technology is Decreasing
Opportunities
- Surging Demand for the Comic Publication from Asian Markets will Boost the Ink Resin Market
- Growth in Demand of Lithographic Printing
Challenges
- Newspapers and Books Getting Digitalised Thus Decreasing Demand for Printing
Key Market Developments:
In March 2021, Mittera acquired Creel Printing, customers of Creel Printings will get gain access to Mittera’s extended platform of web, digital and sheetfed printing capabilities as well as integrated marketing solution services.
In Feb 2021 Epson Launched two new signage printers that feature multi-purpose resin ink. These printers aim to provide high-quality printing with qualities like high scratch resistance. and DSM a company active in health, nutrition, and materials has announced a range of products of re-pulpable barrier coating resins for food and non-food packaging.
Few market leaders have a large portion of the market. In this market, Intellectual Property Rights (IPRs) act as an entry barrier. Steep competition in the market from international as well as local players.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Ink Resin Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Ink Resin market on the basis of product [Acrylic resin, Epoxy resin, Polyurethane resin, Phenolic resin, Silicon resin and Others] , application [Printing and Publication, Flexible Packaging, Cardboards and Cartons and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Ink Resin market with respect to major geographies, namely, 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)
To strategically profile the key players and analyzing their market shares and core competencies in the Ink Resin industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Ink Resin market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.