Lithographic Printing Chemicals Market to reach US$ 17.5bn by 2025 Lithographic Printing Chemicals Market

Lithographic Printing Chemicals Market to grow at 4%
CAGR from 2018 to 2025: Global Market Insights Inc.
Lithographic Printing Chemicals Market to surpass USD 17.5 billion by 2025; driven
by advantage of offset technology for high volume printing applications. Rising
demand for newspapers and magazines in Asia Pacific countries will be the key
growth enabler for the lithographic printing chemicals market. In 2017, India had
more than 335 thousand paid-for and free dailies in circulation whereas China had
around 150 thousand. These two countries have witnessed steady increase in the
circulation of dailies in recent years. This trend will have a positive affect on the
offset print chemicals market development as the products are extensively used for
printing publication materials.
High growth in the packaging industry will also propel the lithographic chemicals
market development as the product is used in the printing process of packaging
materials, mostly labels. Packaging industry growth has been mostly fueled by
increasing international trade and e-commerce activities. The global packaging
industry was worth more than USD 800 billion in 2017 driven by high growth in Asia
Pacific. The U.S., China, Japan, Germany, and India are the largest packaging
markets in the globe. Thus, increasing usage of packaging materials such as labels,
cardboard boxes, folding cartons, etc. which are commonly printed using offset
technology will propel the industry growth.
Lithographic Printing Chemicals Market
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