TMR_Research_Reports_2017 Increase Demand for Water-based Products 2024 | Page 2

North America Printing Inks Market REPORT DESCRIPTION Printing Inks Market (Product - Solvent-based, Water-based, Oil- based, UV-Cured; Application - Flexographic, Gravure, Offset, Digital, Screen, and Specialty; End Use - Publication and Commercial Printing, Packaging, Textiles, Metal Cans, and Decorative Printing) - North America Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024 The North America printing inks market features a largely consolidated competitive landscape, with the leading three companies collectively accounting for over 65% of the market in 2015, observes Transparency Market Research (TMR) in a recent report. These leading players, namely Sun Chemical Corporation, Flint Group, and INX International Ink Co. command prominent positions in the market on account of their well-established distribution channels, several research and development centers, and operating facilities across a number of potential markets. The market is going through a sluggish growth path and more focus on the development of on innovative and trendy products such as the environment-friendly water-based and UV-cured printing inks over solvent-based products is expected to be the key distinguishing factor in the next few years. Stringent emission regulations in the U.S. and Canada will lead to an increased demand for water- based and UV-cured products in the near future. Transparency Market Research estimates that the North America printing inks market will exhibit a 5.7% CAGR over the period between 2016 and 2024, rising to a valuation of US$8.7 bn by 2024 from the US$5.3 bn valuation in 2015. Obtain Report Details @ http://www.transparencymarketresearch.com/north- america-printing-inks-market.html Oil-based Printing Inks to Retain Dominance in North America Printing Inks Market The report examines the North America printing inks market for product varieties such as solvent- based printing inks, water-based printing inks, UV-cured printing inks, and oil-based printing inks. Of these, the segment of oil-based printing inks is presently the leading contributor of revenue to the 2 Transparency Market Research