APAC to Dominate Printing Ink Catalyst Market through 2025

According to TechSci Research report, “Global Printing Ink Catalyst Market By Type (Solvent Based (Hydroxyl, Carboxyl, Amine) and Water Based), By Application (Gravure, Flexographic, Digital & Lithographic), By End-Use (End-Use (Polyester Fibers, Nylon Fibers, Acrylic Fibers, Polyurethane Foams, Polyethylene Film, Polypropylene Film, Others), By Resin (Nitrocellulose (NC), Polyvinyl butyral (PVB), Cellulose Esters, Cellulose Acetate Butyrate (CAB), Cellulose Acetate Propionate (CAP), Others), By Region, Competition, Forecast & Opportunities, 2025”, global printing ink catalyst market is expected to grow at a robust CAGR during the forecast period. Increasing focus towards lessening the emissions of toxic metals which are certainly present in many ink solutions is one of the major factor accounting for the growth of the global printing ink catalyst market. Moreover, enactment of favorable government regulations is further expected to bode well for the growth of global printing ink catalyst during the forecast years. In addition to this, rapid expansion of small and medium enterprises across the globe is positively influencing the growth of global printing ink catalyst market. However, volatility in prices of raw materials used in manufacturing is the major factor that might restrain the growth of global printing ink catalyst market.

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Global printing ink catalyst market is segmented based on type, application, end-use, resin, company and region. Considering the end-use, the market is fragmented into polyester fibers, nylon fibers, acrylic fibers, polyurethane foams, polyethylene film, polypropylene film and others. The polyurethane foams segment dominated the global printing ink catalyst market in terms of largest revenue until 2019 and is further anticipated to be the fastest growth segment during the forecast period as they are used for manufacturing gravure and solvent based-flexographic products. Additionally, because of the benefits it offers such as high tensile and tear strength, corrosion resistance, hardness flexibility, etc., is positively influencing the growth of the segment. Also, the acrylic fibers segment is anticipated to register high CAGR during the next 5 years, because it is primarily used as a raw material for manufacturing solutions which can be attributed to its reduced price, faster drying and easy accessibility.

Dow Chemicals, Polyone, Dorf Ketal, BASF SE, W.R. Grace, Clariant, Mcfogan, XG Silicone, Flint Group, Siegwerk Druckfarben AG & Co. KGaA are among others are the leading players operating in global printing ink catalyst market. The leading players are adopting several growth strategies to enhance the market scenario of printing ink catalyst. Other competitive strategies include mergers & acquisitions to diverse their product portfolio in order to strengthen their market position.

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“Asia-Pacific is forecast to dominate the global printing ink catalyst market in the next 5 years on the account of presence of major industry players in emerging economics such as China and Japan. Moreover, technological printing ink advancements in China are also contributing to the growing trend. Furthermore, on account of thriving packaging industry, growth of end-use applications and easy availability of resins are some other factors that are expected to boost the growth of global printing ink catalyst market through 2025.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Printing Ink Catalyst Market By Global Printing Ink Catalyst Market By Type (Solvent Based (Hydroxyl, Carboxyl, Amine) and Water Based), By Application (Gravure, Flexographic, Digital & Lithographic), By End-Use (End-Use (Polyester Fibers, Nylon Fibers, Acrylic Fibers, Polyurethane Foams, Polyethylene Film, Polypropylene Film, Others), By Resin (Nitrocellulose (NC), Polyvinyl butyral (PVB), Cellulose Esters, Cellulose Acetate Butyrate (CAB), Cellulose Acetate Propionate (CAP), Others), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global printing ink catalyst market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global printing ink catalyst market.

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