Ink Resins Market worth $3,461.61 Million by 2019 - Report by MarketsandMarkets
Suite 800,, Dallas, February 17, 2015 (Newswire.com) - The report “Ink Resins Market by Type (Modified Rosins, Hydrocarbon, Cellulose, Acrylic, Polyamide, Polyurethane), by Technology (Oil, Solvent, Water, UV), by Application (Printing & Publication, Flexible Packaging, Corrugated Cardboards) - Global Forecasts to 2019”, analyzes the global ink resins market with respect to market drivers, restraints, opportunities, and challenges in different regions.
Browse 113 Market Data Tables and 64 Figures spread through 200 Pages and in-depth TOC on “Ink Resins Market”.
The Asia-Pacific region is the largest consumer of ink resins and is estimated to grow at the highest CAGR.
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The global ink resins market is significantly penetrating in the printing ink applications. The characteristics of the end products differ as per the requirement of end-user industries and for different applications. The Asia-Pacific region is the fastest growing segment of the global ink resins market and is mainly attributed to high economic growth rate followed by growing demand for online shopping and packet food which is eventually driving the printing inks industry. The Asia-Pacific and ROW markets are estimated to show a rising growth in the next five years with the allied industries expected to stabilize the overall business need in the respective regions.
The Eastern and Central European nations, emerging South-East Asian, and Latin American nations that will host the future global events would supplement the growth of food & beverage packaging, followed by publishing and promotion which will indirectly boost the demand for the ink resins.
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The ink resins demand, in terms of value and volume, depicts the current and future projections according to the parallel economic and industrial outlook. This analysis covers important developments, investments & expansions, partnerships & agreements, and mergers & acquisitions of the leading global companies.
The global market value of the ink resins was estimated to be about $2,637.88 million in 2013 and is projected to reach $3,461.61 million by 2019, growing at a CAGR of 4.78% between 2014 and 2019. The high demand for the printing inks across the packaging end user industry will increase the overall ink resins consumption.
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