UV Cure Printing Inks Market
REPORT DESCRIPTION
UV Cure Printing Inks Market ( Product - Arc Curing and LED Curing ; Application - Flexographic Printing Inks , Gravure Printing Inks , Offset Printing Inks , Digital Printing Inks , and Screen Printing Inks ; End User - Publication & Commercial Printing , Packaging , Textile , and Decorative Inks ) - North America Industry Analysis , Size , Share , Growth , Trends , and Forecast 2016 – 2024
Due to the absence of a clear dominance , the North America UV Cure Printing Inks Market is demonstrating a moderately fragmented but highly competitive landscape . FUJIFILM , Flint Group , Nazdar , DuPont , Toyo Ink America , and Sun Chemical Corp . are some of the leading companies in this market . Currently , these players are aggressively focusing on competitive pricing strategy in order to enhance their visibility in this market . However , this strategy is expected to intensify the rivalry between the participants in the coming years .
According to TMR ’ s estimations , the North America market for UV cure printing inks offered an opportunity worth US $ 362.9 mn in 2015 . Advancing at a CAGR of 10.30 % between 2016 and 2024 , the market is projected to cross US $ 865.9 mn by the end of the forecast period . Offset printing surfaced as the key application area of UV cure printing inks in 2015 with a share of 38 %. Driven by its extensive usage in the packaging and the publication and commercial printing sectors , this segment is likely to remain dominant over the forecast period .
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U . S . to Continue as Market Leader Thanks to Growing Demand from Publication and Commercial Printing
The research report also presents a study of the North America market for UV cure printing inks on the basis of its geographical presence . Predominantly , Canada and the U . S . have emerged as the
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