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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