Flexographic Printing Inks Market is projected to surpass US$ 13.5 billion by the end of 2027
Flexographic inks are printing inks used in the printing of coated & uncoated paper materials, metalized foils, and plastic films. It is produced from raw materials such as carbon black, mineral oils, resins, and solvents. It is mainly used in the printing of packaging materials and offer excellent printing quality.
The global flexographic printing inks market is projected to surpass US$ 13.5 billion by the end of 2027, in terms of revenue, growing at CAGR of 5.5% during the forecast period (2020 to 2027).
Market Dynamics
The global flexographic printing inks market has witnessed significant growth in recent past years, owing to the rising demand for eco-friendly packaging in various end-user industries such as pharmaceutical, cosmetics, food & beverages and others. Furthermore, growing investments for research & development in production flexographic printing inks is expected to provide lucrative growth to the global glass packaging market over the forecast period
Detailed Segmentation:
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Global Flexographic Printing Inks Market, By Product Type:
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Water-based inks
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Solvent-based inks
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UV-cured inks
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Global Flexographic Printing Inks Market, By Application:
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Packaging
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Flexible packaging
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Corrugated containers
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Folding cartons
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Tags and labels
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Major Keyplayers: Flint Group, Sun Chemical Corporation, ALTANA AG, Siegwerk Druckfarben AG & Co. KGaA, INX International Corporation, Wikoff Color Corporation, T&K TOKA Co., Ltd, Zeller+Gmelin GmbH & Co. KG, TOYO Ink Group, and RUCO Druckfarben A.M. Ramp & Co GmbH
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