New York, May 10, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Digital Printing Market by Ink, Printheads, Substrate And Geography – Global Forecast to 2026” – https://www.reportlinker.com/p05174730 /?utm_source=GNW
UV-curable ink consists primarily of acrylic monomers with a photoinitiator. After printing, the ink is exposed to strong ultraviolet (UV) light, traditionally an enclosed mercury arc lamp, causing a chemical reaction that causes the components of the ink to crosslink to a solid.
This type of ink sets and dries quickly when exposed to UV light and can be sent to the next step in the production process. This makes it durable and suitable for printing on a wide range of flexible materials, as well as rigid substrates.
UV-curable ink also offers some environmental benefits; for example, it allows printers to use toxin-free ink, i.e. 100% ink, and with zero waste compared to solvent-based inks.
Inkjet printhead will hold the largest digital printing market share in 2020
Inkjet printheads can be continuous inkjet or on-demand inkjet. In the continuous inkjet printer, a continuous stream of ink is supplied to the printhead using a pump and a cycle of piezoelectric nozzles.
The continuous inkjet printer results in higher ink consumption than on-demand inkjet printers.
North America will hold the largest share in 2020
In terms of value, North America accounts for the largest share of the overall digital printing market in 2020. The North American market is driven by technological advancements in the packaging and textile industry.
The demand for digital printing for packaging will be driven by factors such as increasing sales of durable consumer goods, high disposable income, increasing demand for packaged food and changing demographics. The increased use of digital printers in packaging and textile printing in the United States is expected to drive the market in North America.
In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, in-depth primary interviews were conducted with key industry experts on the Digital Printing market . The breakdown of key contributors to the report is shown below:
• By business type: Level 1 = 55%, Level 2 = 20% and Level 3 = 25%
• By designation: C-level executives = 34%, directors = 33%, other = 33%
• By region: North America = 37%, Europe = 34%, APAC = 20% and Foothold = 9%
Hewlett-Packard Development Company, IP (USA), Canon, Inc. (Japan), Ricoh Company, Ltd. (Japan), Mimaki Engineering Co., Ltd. (Japan), Roland DG Corporation (Japan), Xerox Corporation (USA), Seiko Epson Corporation (Japan), Durst Phototechnik AG (Italy), Electronics for Imaging, Inc. (USA), Inca Digital Printers Limited ( UK), Printronix (USA), Brother Industries, Ltd. (Japan), Oki Electric Industry (Japan), Kyocera Corporation (Japan), Toshiba (Japan), Samsung Electronics (South Korea), Konica Minolta (Japan), Sharp (Japan), Panasonic (Japan), GCC (Taiwan) , ID Technology (USA), Neuralabel Printing Solutions (USA), Dalemark Industries (USA), nkcups (USA) and Rena Systems (USA) are some big companies dominating the printing market. ‘digital printing.
This research report categorizes the global digital printing market based on ink type, printhead, substrate, and geography. The report outlines the key drivers, restraints, challenges, and opportunities pertaining to the Digital Printing industry and forecasts the same till 2026.
Key Benefits of Purchasing the Report
The report would help the leaders/new entrants in this market in the following ways:
1. This report segments the Digital Printing market comprehensively and provides the closest market size projection for all sub-segments across different regions.
2. The report helps stakeholders understand the pulse of the market and provides them with insights into the key market drivers, restraints, challenges and growth opportunities.
3. This report would help the stakeholders to better understand their competitors and acquire more information to improve their position in the business. The competitive landscape section includes competitor ecosystem, product development and launch, partnership and merger.
Read the full report: https://www.reportlinker.com/p05174730/?utm_source=GNW
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