New York, USA, Monday, March 28, 2022 04:06:56 / Comserve Inc. / — The global screen printing inks market is expected to reach a notable CAGR during the forecast period i.e. 2022-2030.
Research Nester released a report titled “screen printing inks market: Analysis of global demand and outlook for opportunities 2030” which provides a detailed overview of the global Screen Printing Inks market in terms of market segmentation by type, end-use material, application, and region.
Additionally, for the in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risks, along with a detailed discussion of current and future market trends associated with the market growth.
The global screen printing inks market is expected to reach a notable CAGR during the forecast period, i.e., 2022-2030. The market is segmented on the basis of end use material, ceramic, textile, plastic, paper, glass and others. Among these, plastic segment is expected to gain notable share over the forecast period as screen printing is durable and long lasting. In addition, it is easier to print on plastics by screen printing than by digital or other printing methods. These factors are estimated to drive the growth of the segment.
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The global screen printing inks market is estimated to grow owing to the growing demand for screen printing, supported by various advantages of this method, such as higher durability and resilience. Additionally, increasing investment in print advertising by various private and public sector companies is expected to boost the market growth. It is observed that over $52 million has been spent by public and private companies on print advertising globally, as of 2021. Additionally, the different characteristics of screen printing ink such as thickness, brightness, and stability are expected to drive the growth of the market.
Regionally, the global screen printing inks market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The North America region market is expected to witness significant growth over the forecast period, driven by the growing demand for printing inks among various manufacturers in the region. For example, it is observed that the manufacturing of printing inks generated a turnover of approximately USD 4,380 million in the United States in 2018.
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The research is global in nature and covers detailed analysis of the market in North America (US, Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, an analysis including market size, annual growth and opportunity analysis, competitive study of market players, investment opportunities, future prospect demand, etc. was also covered and displayed in the research report.
Greater Durability of Screen Printing Inks to Drive Market Growth
Screen printing is the most effective method of printing on uneven and varied surfaces, such as glass, ceramics, textiles, paper, plastics and others. Higher durability of screen printing inks is estimated to be the major driver for market growth as long lasting ink is preferred among end users. Additionally, this ink provides better coverage on uneven spots which is further expected to propel the market growth.
However, the high cost of screen printing is expected to act as a major restraint for the growth of the global screen printing inks market during the forecast period.
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This report also provides the existing competitive scenario of some of the major players in the global Screen Printing Inks Market which includes company profiling of Marabu GmbH & Co. KG, Flint Group, Sun Chemical, Hubergroup, Inc., Fujifilm Specialty Ink Systems ltd. , Toyo Ink Co., Ltd., Siegwerk Druckfarben AG & Co. KGaA, Nazdar Company Inc. and The Dow Chemical Company. Profiling contains key business information that encompasses an overview of businesses, products and services, key financial data, and recent news and developments. Overall, the report portrays a detailed overview of the Global Screen Printing Inks Market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new players to opportunity-seeking and other stakeholders to align their market-focused strategies with current developments and expected future trends.
Research Nester is a leading one-stop service provider of strategic market research and consulting with an unbiased and unparalleled approach to helping global industry players, conglomerates and executives make sound investment and expansion decisions. future by providing them with qualitative market information and strategies. while avoiding future uncertainties. We believe in honesty and hard work which we believe is reflected in our work ethic. Our vision is not only to earn the trust of our customers but also to be respected by our employees and appreciated by our competitors.
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