Rotogravure Printing Inks Market Analysis
The global rotogravure printing inks market is likely to grow at a notable CAGR between 2018- 2023, according to the recent report by Market Research Future (MRFR). Rotogravure printing ink is used in printing processes for producing a high-quality image. It is manufactured for reducing the emission of VOC (volatile organic compounds) generated by ink. The rotogravure printing ink offers aesthetic appearance, eco-friendly nature, and anti-oxidant characteristics to the product. It is used in printing machines for adding superior performance and decorative finish to images. Some of its wide applications include products and promotion, publication, packaging, and others.
Various factors are adding to the global rotogravure printing inks market growth. Such factors, according to the new MRFR report, include the rising number of printing presses & publishing houses, improved technology like ultrasonic gravure cylinder plating, burgeoning demand for processed foods, growing flexible packaging application, and growing manufacturing & end use industries.
On the contrary, stiff competition from flexo printing for its higher profitability and low installation cost are factors that may limit the rotogravure printing inks market growth over the forecast period.
Covid-19 Analysis on Rotogravure Printing Inks Market/Covid-19 ABC Market Analysis
COVID-19 outbreak has forced several rotogravure printing ink companies to halt their operations to comply with the latest government rulings. The pause in operation is impacting the flow of revenue directly. Most packaging and printing industries have been closed that has largely impacted the printing ink industry. This pandemic has put unsound pressure on the packaging materials supply chain, such as adhesives, coatings, printing inks, and others. India is dependent largely on other countries when it comes to imports of chemicals used in printing inks. The slowdown of imports led to raw materials hike in the global market. This, in turn, will lead to hindrance in the printing ink industries’ rebounding growth.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/rotogravure-printing-inks-market-5119
Market Segmentation
The MRFR report offers an inclusive segmental analysis of the global rotogravure printing inks market report based on technology, resin type, and application.
By resin type, the rotogravure printing inks market is segmented into acrylic, polyurethane, polyamide, and nitrocellulose segments. Of these, the nitrocellulose resin type will lead the market over the forecast period.
By technology, the rotogravure printing inks market is segmented into water-based and solvent-based segments. Of these, solvent-based technology will dominate the market over the forecast period.
By application, the rotogravure printing inks market is segmented into products and promotion, publication, packaging, and others. Of these, the packaging application will have a major share in the market over the forecast period.
Regional Analysis
Based on the region, the rotogravure printing inks market report covers the recent trends & growth opportunities across North America, Europe, the Asia Pacific (APAC), Latin America, and the Middle East and Africa (MEA). Of these, the APAC region will spearhead the market over the forecast period for its burgeoning demand in product and promotion, publication, packaging, and other industries. Rotogravure printing inks are mostly used in packaging for the rising consumption of inks for adding glossy finish and beauty on images, catalogs, and others in India, Japan, and China who are the chief contributors in the region.
The rotogravure printing inks market in North America is predicted to have remarkable growth over the forecast period for the surging need for polyamide resins and nitrocellulose in packaging sectors. Besides, technological advances and growing investments are also adding market growth. Mexico, Canada, and the US are the chief contributors in the region for its increasing use in product & promotion, and publication segments.
The rotogravure printing inks market in Europe is predicted to have significant growth over the forecast period for its increasing use in the packaging sector. Besides, the increase in the food & beverage industry and automotive industry, rise in promotional activities to reach out to the needs of customers directly, and increasing demand of catalogs, inserts, and directories are also adding market growth. France, Germany, Italy, and the UK are the chief contributors in the region for the increasing use of rotogravure printing inks in advertising as well as other promotional activities.
The rotogravure printing inks market in Latin America is predicted to have considerable growth over the forecast period for its increasing use in product and promotion, publication, and packaging owing to its superior quality and non-carcinogenic content.
The rotogravure printing inks market in the MEA is predicted to have sound growth over the forecast period for its increasing demand in laminates for newspaper ad inserts, consumer packaging, furniture, and others.
Key Players
Leading players profiled in the rotogravure printing inks market report include Wikoff Color Corporation (U.S.), MHM Holding GmbH (Germany), Siegwerk Druckfarben AG & Co KGaA (Germany), Tokyo Printing Ink MFG. Co., Ltd. (Japan), T & K TOKA Corporation (Japan), SAKATA INX CORPORATION (Japan), Dainichiseika Color & Chemicals Mfg.Co., Ltd. (Japan), Toyo Ink SC Holdings Co., Ltd. (Japan), DIC CORPORATION (Japan), and Flint Group (Luxembourg).
Get Free Sample Report: https://www.marketresearchfuture.com/sample_request/5119
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.