Flexographic Printing Inks Market Outlook 2031
- The global flexographic printing inks market was valued at US$ 5.4 Bn in 2021
- It is estimated to grow at a CAGR of 4.0% from 2022 to 2031
- The global flexographic printing inks market is expected to reach US$ 7.7 Bn by the end of 2031
Analysts’ Viewpoint on Flexographic Printing Inks Market Scenario
Demand for flexographic inks in printing applications is expected to increase in the next few years due to their low cost and environment-friendly nature. Various companies in the flexographic printing inks market are expected to focus on water-based flexo inks to reduce the impact of the manufacturing process on the environment. Water-based flexo inks are easy to work with. The clean-up is also quick for job changeovers. UV-cured inks are also easy to handle and possess low viscosity. Furthermore, UV-cured inks require no maintenance; hence, they help eliminate a big variable in the pressroom for label printers. Manufacturers are expected to invest significantly in UV-cured inks in order to achieve better quality output vis-à-vis solvent and water-based inks.
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