” the market will be driven by the growing demand for packaged food and beverages.
Asia Pacific will dominate the Ink Resins Market
Asia Pacific has the largest share in the Ink Resins Market. This is due to the growing demand for the printing inks in the packaging industry. China dominates the ink resins market due to growth of the packaging industry in the country. Demand for online shopping and packaged food items also contribute to the growth of resin ink in Asia Pacific. Growing economies such as Brazil, India, and Mexico provide more opportunities for the ink resins market due to their industrialization.
Selected Regulatory Analysis Done in the Full Report:
The printing and publication segment dominates the Ink Resins Market during the forecast period due to the presence of mass marketing and print media. The flexible packaging segment will have the highest growth due to growing trend of packaging on account of online shopping and packaged food & beverages.
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Selected Driving Factors Mentioned in the Full Report:
Growing preference towards water based inks due to strict environment protection policies will drive the growth of the Ink Resins Market.
Growth of flexible packaging applications spurs the demand for the printing ink resins during the forecast period.
Development of environmental friendly ink resins will bolster the growth of ink resins in the coming years.
Growth of food and beverage packing drives the demand for ink resin.
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Key Players of the Ink Resins Market:
The key players of the Ink Resins Market include Arakawa Chemical, DSM NV, and Resinall Corporation. Arakawa Chemical in Japan produces resin solution for printing inks, adhesives and pressure sensitive adhesives. DSM has launched NeoCryl B-300 a solid acrylic resin that can be used for energy curable printing inks. Resinall Corporation has a wide range of printing ink material applications which include Lithographic and Letterpressinks.
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