Digital inks are the core substance present in the printing devices which helps the pigment to properly bind with the media surface. The two most useful characteristics of digital inks are cheap and high colour fidelity. The Digital inks can be categorized mainly into two types, inkjet inks and electrographic inks. Digital inks are obtained from various product like solvents, carbon-black, resins, minerals oils, etc. These digital inks are used by various industry like advertisement, ceramic, textile, packaging, etc.
Digital Inks Market Forecast to 2027 – Covid-19 Impact and Global Analysis – by Formulation (Solvent-Based, Water-Based, UV-Cured, Others); Application (Advertising and Promotion, Ceramic Tiles Printing, Packaging, Clothing and Household Textiles, Glass Printing, Publication, Others); Substrate (Plastics, Ceramics and Glass, Textiles, Paper) and Geography
MARKET DYNAMICS
The global digital inks market is growing at a significant pace owing to driving factors such as increasing demand for digital printing instead of analog printing. Furthermore, increasing demand of digital inks in tectile printing and ceramic tiles are likely to drive the demand for digital inks in the coming years. However, decrease in the growth of printing media is projected to hinder the growth of digital inks market. Likewise, growing usage of printing inks in packaging industry may provide a lucrative opportunity for the market players in the near future.
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The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries including Chemicals and Materials, and many more. Trade barriers are further restraining the demand- supply outlook. As government of different regions have already announced total lockdown and temporarily shutdown of industries, the overall production process being adversely affected; thus, hinder the overall Digital Inks market globally. This report on ‘Digital Inks market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The report also showcases market trends and forecast to 2027, factoring the impact of Covid -19 Situation.
MARKET PLAYERS
The reports cover key developments in the digital inks market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from digital inks market are anticipated to lucrative growth opportunities in the future with the rising demand for digital inks in the global market. Below mentioned is the list of few companies engaged in the digital inks market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital inks market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
MARKET SCOPE
The “Global Digital Inks Market Analysis to 2027” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the digital inks market with detailed market segmentation by formulation, application, substrate and geography. The global digital inks market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital inks market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global digital inks market is segmented on the basis of formulation, application and substrate. On the basis of formulation, the digital inks market is segmented into, solvent-based, water-based, uv-cured and others. On the basis of application, the market is bifurcated into, advertising & promotion, ceramic tiles printing, packaging, clothing & household textiles, glass printing, publication andothers. Based on substrate, the global digital inks market is segmented into, plastics, ceramics & glass, textiles, paper.
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