The market for UV-cured inks is expected to grow at a CAGR exceeding 4.5% between 2022-2027.
— Ethan
SEATTLE, WASHINGTON (USA), December 17, 2022 /EINPresswire.com/ — Market Overview for Global UV Inks
This type of ink requires UV light to cure. These inks are mostly composed of initiators and monomers. The initiators are responsible for releasing highly reactive atoms when the ink is applied to a surface. This causes the monomers to quickly polymerize and the ink to form a film.
The forecast period predicts a high growth rate for the UV Inks industry. This is due to growing awareness of environmental hazards and increasing demand for labels and protective prints. Surging demand from the packaging and printing industries has also helped to propel the UV Inks industry. Eastman Kodak Company, Ricoh Global Corporation (Japan), Canon Inc. Japan (Japan), Seiko Epson Corporation Japan (Japan), 3M Company (USA) are some of the key players in this market. These companies are currently focusing on expanding their product portfolios, R&D activities, and collaborations with other players in the UV Inks market.
Market Segment Analysis and Regional Analysis
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The UV Inks market can be segmented by type, printing technology and end-user. Due to growing demand for flexographic printing across various industries, the FlexoPrinting UV Inks market will grow at the fastest rate during the forecast period.
Based on the type of ink used, the Gravure UV Inks Market is projected to hold the largest revenue share during the forecast period. This is due to the increasing demand from different end-users, such as furniture and apparel producers.
The printing industry plays an important role with UV Inks. They can be used for printing on many substrates like paper and plastic. Toyo Ink Group is the largest manufacturer of UV Inks. Siegwerk T&K Toka Corporation is another leading manufacturer of UV Inks. Ricoh Flint Group is the third major manufacturer for UV Inks. Hewlett-Packard is fourth-largest manufacturer of UV Inks. Gans Ink & Supply is the fifth major manufacturer of UV Inks. NUtec Digital Ink, a sixth-largest manufacturer of UV Inks, is also a major player. Over the next five-years, the market for UV Inks will grow at a rate of 7%. This growth is mainly due to increased demand for 3D printing technology and other advanced printing technologies.
3M Company, DuPont and Canon Inc are the major players in UV ink. These companies hold more than 90% market share. This growth is primarily due to the growing demand for custom-printed solutions and outdoor printing applications. The UV ink market faces many challenges, including counterfeiting and improper use.
The Global UV Inks Market: Key Players
UV Inks can be used for offset printing, gravure printing and flexo printing. They can also be used for silkscreen printing and screenprinting. There are several major players in the UV Inks market: offset inkjet printers; flexo presses; gravure presses; digital press printers; and screen printers.
UV Inks have a distinct advantage over other inks, as they can produce sharp images with less fade. UV Inks are ideal for outdoor use because they have high resistance to water and other liquids.
UV Inks also have the advantage of being able to be applied to a variety of materials, including paper, plastics, cloth, and canvas. These UV Inks are popular for advertising and signage.
Table: Key Market Segments for Global UV Inks Market
The Global UV Inks market can be divided into three types:
• Offset Printing UV Inks
• Silkscreen Printing UV Inks
• Flexo Printing UV Inks
• Gravure UV Inks
• Digital Printing UV Inks
• Others
The Global UV Inks Market is based on the following applications:
• Toyo Ink Group
• Siegwerk
• T&K Toka Corporation
• Ricoh
• Flint Group
• Hewlett-Packard
• Gans Ink & Supply
• NUtec Digital Ink
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You will find detailed information about the geography, including the analysis of revenue, consumption, market share, growth rate, historical data, and forecasts for the following regions:
• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• South Korea
• Southeast Asia
• India
• Australia
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA
Analyse on the Russia-Ukraine War Impact and COVID-19
Readers will understand the virus and its effects, as well as the impact of the Russia-Ukraine War on the market for assistive robot platforms. The research included a range of elements such as supply chain management, demand and consumption, transport, consumer behavior, production, and transportation. Industry experts also highlighted the critical elements that firms need to have in place in order to recognize opportunities and stabilize the sector over the next few years.
Key Drivers & barriers in the Global UV Inks Market
Most of the effort was focused on making components and drivers that are user-friendly. Researchers also point out its weaknesses and other problems that may affect participants. This would encourage users to be more focused and make better decisions. Experts also focussed on future commercial opportunities.
Key Benefits for Industry Participants & Stakeholders:
• The Global UV Inks Market Study offers astonishing insights into consumer and economic statistics through a range of charts and graphs.
• The study report also offers a thorough examination of industry rivalry and examines the key operational traits of competing businesses, including their
Financial successes, market trends and growth rates.
• Developing competitive intelligence requires learning more about key rivals and rivals that serve the same market.
• In addition to assessing brand awareness and company reputation, it helps to understand customer preferences and behaviour in the relevant product
sector.
Here is the TOC list for the Global UV Inks Market.
• Report Overview
• Study Scope and Definition
• Research Methodology
• Key Market Segments
• Players Covered: Ranking by Global UV Inks Revenue
• Market Analysis by Type
• Market by Application
• Customer Support
• Personal Assistant
• Customer Engagement
• Retention
• Covid-19 Impact: Global Major Government Policy
• Global UV Inks Market Trends and Growth Strategy
• Global UV Inks Market Players Profiles
• Artificial Solutions Company Profile
• Global UV Inks Production Capacity Market Share by Market Players
• Global UV Inks Revenue Market Share by Market Players
• Global UV Inks Production Forecast by Regions
• Global UV Inks Marketing Channel, Distributors, Customers and Supply Chain
• Analyst’s Viewpoints/Conclusions
• Disclaimer
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Why is the Global UV Inks Market Research Report so important?
• Obviously, doing market research is crucial when creating a marketing strategy.
• It provides vital information about your business and the wider market.
• If consumer expectations weren’t met, market research might show how future consumers would see your business.
• It’s crucial that you understand this information before you conclude your marketing plan.
• Risk is reduced when critical business choices are made with a thorough grasp of the market.
Mahesh Patel
VIRTUOSE MARKET RESERACH PRIVATE LIMITED
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