インキ樹脂市場:樹脂タイプ別(変性ロジン、ハイドロカーボン、変性セルロース)、技術別(オイル、溶剤、水、UV硬化型)、用途別(印刷・出版、軟包装、段ボール・カートン) - 2026年までの世界予測Ink Resin Market by Resin Type (Modified Rosins, Hydrocarbon, Modified Cellulose), by Technology (Oil, Solvent, Water, UV-curable), by Application (Printing & Publication, Flexible Packaging, Corrugated Cardboards & Cartons) - Global Forecast to 2026 インク樹脂市場は、2021年には33億米ドル、2026年には38億米ドルに達すると予測されています。 2026年には3.4%のCAGRで38億ドルに達すると予測されています。印刷インキ業界の環境保護基準の高まり。 印刷イン... もっと見る
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サマリーインク樹脂市場は、2021年には33億米ドル、2026年には38億米ドルに達すると予測されています。2026年には3.4%のCAGRで38億ドルに達すると予測されています。印刷インキ業界の環境保護基準の高まり。 印刷インキ業界の環境保護基準の高まり、パッケージやエネルギー硬化型インキ業界の成長、UV硬化型インキの需要増、新しい樹脂技術などが 樹脂技術がインク樹脂市場の成長に寄与する主な要因です。 世界のインク樹脂市場は、用途の拡大とAPAC地域での需要の増加により、高い成長を遂げています。インク樹脂は、主に印刷・出版用途に使用されます。インク樹脂市場では、インド、中国、ブラジル、メキシコなどの新興市場に大きなチャンスがあります。アジア太平洋地域、南米、中東・アフリカの印刷業界は、予測期間中に良好な成長率を示すと予想されています。同時に、環境保護基準の高まりにより、環境面でのメリットがあるため、積極的な需要が見込まれています。 "UV硬化型技術がインク樹脂市場の最速成長を目撃する" 米国では、パッケージ市場におけるUV硬化型インクの使用が増加し続けており、特に現在の世界および地域の規制をサポートする低移行性インクの導入が進んでいます。UV硬化型インクの主な利点は、溶剤を使用しないことで保険料が安くなること、製品の耐性が高いこと、使い勝手が良いこと、様々なサイズや多様な印刷ジョブに対応できる柔軟性があることです。溶剤ベースのインクは、引き続き最大の技術分野である。主な樹脂は低粘度ニトロセルロース(NC)で、溶剤系液体インクの70%以上に使用されています。NCをベースにした液体メディアは、顔料を適度に分散させ、粘度と固形分のバランスが良く、低臭気で印刷性が良く、他のポリマーをベースにした多くのメディアと互換性がある。 "グラビア印刷プロセスがインク樹脂の最大の市場に" グラビアとフレキソ印刷プロセスは、パッケージ分野の成長に伴い、いくつかの用途でリソグラフィ・インクに取って代わり続けています。出版分野では、インク媒体から電子媒体への移行に伴い、デジタル印刷プロセスが急速にシェアを伸ばしています。活版印刷のような他の印刷プロセスは時代遅れとなり、フレキソ印刷やグラビア印刷プロセスにシェアを奪われています。 "印刷・出版がインク樹脂市場の最大のアプリケーションに" 発展途上国の生活水準の向上と食料安全保障に対する需要の増加により、2021年から2026年の間に軟包装と段ボール・カートンのセグメントからインク樹脂の需要が伸びる可能性が高いと考えられます。 印刷・出版セグメントからの樹脂の需要は、新聞・雑誌業界からの需要の減少に加え、デジタルメディアやインターネットへの移行により減少しています。 "予測期間において、APACが最大のインク樹脂市場である" APACはインク樹脂市場をリードしており、この優位性は2026年まで続くと予測されています。APACは、経済発展のレベルが異なる多様な経済圏を包含しています。この地域の成長は、高い経済成長率と、印刷・出版、軟包装、段ボール・カートンなどの産業への多額の投資が主な要因となっています。インク樹脂市場の主要プレーヤーは、APAC、特に中国とインドで生産能力を拡大しています。APACに生産拠点を移すメリットは、生産コストが低いこと、熟練した安価な労働力が得られること、そして現地の新興市場へのサービスが充実していることです。 広範な一次インタビューを実施し、二次調査から情報を収集して、いくつかのセグメントおよびサブセグメントの市場規模を決定し、検証しました。 一次インタビューの内訳 - 企業タイプ別。Tier1 - 45%, Tier2 - 35%, Tier3 - 20 - 呼称別Cレベル:35%、Dレベル:25%、その他:40 - 地域別APAC - 40%、欧州 - 25%、北米 - 20%、中東・アフリカ - 8%、南米 - 7%。 本レポートで紹介されている主要企業は、BASF SE(ドイツ)、Covestro AG(ドイツ)、The Dow Chemical Company(米国)、Evonik Industries AG(ドイツ)、Lawter(米国)。 リサーチカバレッジ インク樹脂市場は、樹脂の種類(変性ロジン、炭化水素、変性セルロース、アクリル、ポリアミド、ポリウレタン、その他)、技術(油性、溶剤、水性、紫外線硬化型)、印刷方式などによって分類されています。 UV硬化型)、印刷プロセス(リソグラフィー、グラビア、フレキソグラフィー、その他)、用途(印刷・出版、軟包装、段ボール・カートン、その他)、地域(APAC、欧州、北米、南米、中東・アフリカ)に分けて分析しています。 本レポートを購入する理由 本調査レポートは、洞察の観点から、業界分析(業界動向)、トッププレイヤーの市場シェア分析、企業プロファイルといった様々なレベルの分析に焦点を当てています。これらの分析は、競合状況、市場の新興・高成長セグメント、高成長地域、市場の促進要因、抑制要因、機会、課題などの基本的な見解をまとめて議論しています。 本レポートでは、以下の点について洞察しています。 市場への浸透。市場のトッププレーヤーが提供するインク樹脂に関する包括的な情報 製品開発/イノベーション。市場における今後の技術、研究開発活動、新製品の発表についての詳細な洞察 市場の発展有利な新興市場に関する包括的な情報 - 本レポートでは、地域別にインク樹脂市場を分析しています。 市場の多様化。新製品、未開拓の地域、最近の開発状況、市場への投資に関する網羅的な情報 競合他社の評価。市場における主要企業のシェア、戦略、製品、製造能力などを詳細に評価します。
SummaryThe ink resins market is estimated to be USD 3.3 billion in 2021 and is projected to reach USD 3.8 billion Table of Contents
1 INTRODUCTION 27
1.1 OBJECTIVES OF THE STUDY 27
1.2 MARKET DEFINITION 27
1.3 MARKET SCOPE 28
FIGURE 1 INK RESINS MARKET SEGMENTATION 28
1.4 MARKET INCLUSIONS AND EXCLUSIONS 28
1.4.1 MARKET INCLUSIONS 28
1.4.2 MARKET EXCLUSIONS 29
1.5 YEARS CONSIDERED FOR THE STUDY 29
1.6 CURRENCY 30
1.7 UNIT CONSIDERED 30
1.8 STAKEHOLDERS 30
1.9 SUMMARY OF CHANGES 30
2 RESEARCH METHODOLOGY 32
2.1 RESEARCH DATA 32
FIGURE 2 INK RESINS MARKET: RESEARCH DESIGN 32
2.1.1 SECONDARY DATA 33
2.1.1.1 Key data from secondary sources 33
2.1.2 PRIMARY DATA 33
2.1.2.1 Key primary data sources 34
2.1.2.2 Key data from primary sources 34
2.1.2.3 Key industry insights 35
2.1.2.4 Breakdown of primary interviews 35
2.2 MARKET SIZE ESTIMATION 36
2.2.1 TOP-DOWN APPROACH 36
FIGURE 3 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 36
FIGURE 4 INK RESINS MARKET: BY VALUE 37
FIGURE 5 INK RESINS MARKET, BY REGION 37
FIGURE 6 INK RESINS MARKET, BY TECHNOLOGY 38
FIGURE 7 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH, BY APPLICATION 38
FIGURE 8 MARKET SIZE ESTIMATION: BY APPLICATION 39
2.3 MARKET FORECAST APPROACH 39
2.3.1 SUPPLY-SIDE FORECAST 39
2.3.2 DEMAND-SIDE FORECAST 39
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION 40
FIGURE 9 INK RESINS MARKET: DATA TRIANGULATION 40
2.5 FACTOR ANALYSIS 41
2.6 ASSUMPTIONS 41
2.7 RISK ANALYSIS ASSESSMENT 42
2.8 LIMITATIONS 42
3 EXECUTIVE SUMMARY 43
TABLE 1 INK RESINS MARKET SNAPSHOT 44
FIGURE 10 ASIA PACIFIC TO BE LARGEST AND FASTEST-GROWING MARKET
BETWEEN 2021 AND 2026 45
FIGURE 11 UV-CURABLE-BASED TO BE FASTEST-GROWING TECHNOLOGY
BETWEEN 2021 AND 2026 45
FIGURE 12 PRINTING & PUBLICATION TO BE LARGEST APPLICATION 46
FIGURE 13 MODIFIED ROSIN SEGMENT TO DOMINATE INK RESINS MARKET 46
FIGURE 14 GRAVURE SEGMENT TO LEAD INK RESINS MARKET 47
FIGURE 15 ASIA PACIFIC WAS LARGEST INK RESINS MARKET 47
TABLE 2 MAJOR PLAYERS PROFILED IN THIS REPORT 48
4 PREMIUM INSIGHTS 49
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN INK RESINS MARKET 49
FIGURE 16 INK RESINS MARKET TO GROW DUE TO INCREASING DEMAND
FROM EMERGING NATIONS 49
4.2 INK RESINS MARKET, BY RESIN 49
FIGURE 17 ACRYLIC INK RESINS TO REGISTER FASTEST GROWTH RATE 49
4.3 ASIA PACIFIC INK RESINS MARKET, BY APPLICATION AND COUNTRY 50
FIGURE 18 PRINTING & PUBLICATION AND CHINA DOMINATED ASIA PACIFIC
MARKET IN 2020 50
4.4 INK RESINS MARKET: DEVELOPED VS. DEVELOPING COUNTRIES 50
FIGURE 19 DEVELOPING MARKETS TO GROW FASTER THAN DEVELOPED MARKETS 50
4.5 ASIA PACIFIC INK RESINS MARKET 51
FIGURE 20 INDIA TO BE FASTEST-GROWING MARKET 51
5 MARKET OVERVIEW 52
5.1 INTRODUCTION 52
5.2 MARKET DYNAMICS 52
FIGURE 21 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
IN INK RESINS MARKET 52
5.2.1 DRIVERS 53
5.2.1.1 Improved supply of raw materials for ink resins 53
5.2.1.2 Rising packaging and energy-curable inks industries 53
5.2.1.3 Environmental concerns, growing awareness, and stringent regulations 53
5.2.1.4 New ink resin technologies 54
5.2.2 RESTRAINTS 54
5.2.2.1 Volatile raw material prices and fluctuations in demand due to competition from other industries using resins 54
5.2.2.2 Unstable geopolitical situations 54
5.2.2.3 Increasing consolidation among ink resin suppliers 54
5.2.3 OPPORTUNITIES 55
5.2.3.1 Renewed interest in water-based inks 55
5.2.3.2 EB curing picking up interest among food packagers 55
5.2.4 CHALLENGES 55
5.2.4.1 Lower cost and improved performance of resins 55
5.2.4.2 Stringent and time-consuming regulatory policies 55
5.2.4.3 Competition with larger industries with higher purchasing
power for important raw materials 56
5.3 PORTER’S FIVE FORCES ANALYSIS 57
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS FOR INK RESINS MARKET 57
TABLE 3 INK RESINS MARKET: PORTER’S FIVE FORCES ANALYSIS 57
5.3.1 THREAT OF NEW ENTRANTS 58
5.3.2 THREAT OF SUBSTITUTES 58
5.3.3 BARGAINING POWER OF SUPPLIERS 58
5.3.4 BARGAINING POWER OF BUYERS 59
5.3.5 INTENSITY OF COMPETITIVE RIVALRY 59
5.4 VALUE CHAIN ANALYSIS 59
FIGURE 23 INK RESIN: VALUE CHAIN ANALYSIS 60
TABLE 4 INK RESINS MARKET: SUPPLY CHAIN ECOSYSTEM 61
5.4.1 IMPACT OF COVID-19 ON VALUE CHAIN 62
5.4.1.1 Action plan against current vulnerability 62
5.5 MACROECONOMIC INDICATORS 63
5.5.1 INTRODUCTION 63
5.5.2 TRENDS AND FORECAST OF GDP 63
TABLE 5 TRENDS AND FORECAST OF GDP, PERCENTAGE CHANGE 63
5.6 COVID-19 IMPACT ANALYSIS 64
5.6.1 COVID-19 ECONOMIC ASSESSMENT 64
FIGURE 24 LATEST WORLD ECONOMIC OUTLOOK GROWTH PROJECTIONS 66
5.6.2 ECONOMIC IMPACT OF COVID-19 – SCENARIO ASSESSMENT 67
FIGURE 25 FACTORS IMPACTING ECONOMIES OF SELECT G20 COUNTRIES IN 2020 67
5.7 PRICING ANALYSIS 67
FIGURE 26 AVERAGE PRICE COMPETITIVENESS IN INK RESINS MARKET,
BY REGION IN 2020 68
5.7.1 SUPPLY CHAIN CRISES SINCE PANDEMIC 68
5.8 INK RESINS ECOSYSTEM 69
FIGURE 27 INK RESINS ECOSYSTEM 69
5.9 EXPORT-IMPORT TRADE STATISTICS 69
TABLE 6 EXPORT DATA FOR POLYURETHANE RESINS (2019–2020) 69
TABLE 7 IMPORT DATA FOR POLYURETHANE RESINS (2019–2020) 72
TABLE 8 EXPORT DATA FOR ACRYLIC RESINS (2019–2020) 75
TABLE 9 IMPORT DATA FOR ACRYLIC RESINS (2019–2020) 78
5.10 PATENT ANALYSIS 82
5.10.1 METHODOLOGY 82
5.10.2 PUBLICATION TRENDS 82
FIGURE 28 NUMBER OF PATENTS PUBLISHED, 2017–2021 82
5.10.3 PATENT ANALYSIS BY JURISDICTION 82
FIGURE 29 PATENTS PUBLISHED BY EACH JURISDICTION, 2017–2021 83
5.10.4 TOP APPLICANTS 83
FIGURE 30 PATENTS PUBLISHED BY MAJOR APPLICANTS, 2017–2021 83
5.11 EMERGING TECHNOLOGY ANALYSIS 83
5.11.1 DIGITAL LABEL PRINTERS 83
5.11.2 SPECIAL EFFECTS AND FINISHING 84
5.12 CASE STUDY 84
5.12.1 SOLENT DESIGN STUDIO 84
5.12.2 DIGIFORCE 84
5.12.3 USE OF PRINTERS IN THE AEROSPACE INDUSTRY 84
5.13 REGULATION OF PRINTERS 85
5.13.1 ISO STANDARDS 85
5.13.1.1 Papers per minute 85
5.13.1.2 Toner standards 85
5.13.1.3 Printing paper standards 85
5.13.1.4 Monochrome testing 85
5.13.1.5 Multicolor testing 85
5.13.1.6 Color richness testing 85
6 INK RESINS MARKET, BY RESIN TYPE 86
6.1 INTRODUCTION 87
FIGURE 31 MODIFIED ROSIN RESIN DOMINATES INK RESINS MARKET 87
TABLE 10 INK RESINS MARKET SIZE, BY RESIN TYPE, 2019–2026 (USD MILLION) 87
TABLE 11 INK RESINS MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON) 88
6.2 MODIFIED ROSIN INK RESIN 88
6.2.1 A LINE OF WATER-BASED FLEXOGRAPHIC INKS HAS BEEN DEVELOPED THROUGH ROSIN ESTER TECHNOLOGY 88
6.2.2 GUM 88
6.2.3 TALL OIL ROSIN (TOR) 88
6.2.4 STUMPWOOD 88
6.2.5 METAL RESINATES 89
6.2.6 ESTER GUMS 89
6.2.7 MALEIC RESINS 89
6.2.7.1 Rosin maleic adducts 89
6.2.7.2 Partially esterified rosin maleics 89
6.2.7.3 Esterified rosin maleics 89
6.2.8 PHENOLIC RESINS 90
TABLE 12 MODIFIED ROSIN: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 90
TABLE 13 MODIFIED ROSIN: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 90
6.3 HYDROCARBON INK RESINS 91
6.3.1 HYDROCARBON RESINS ARE USED EXTENSIVELY IN PRINTING INKS AND HAVE REPLACED MANY NATURAL RESINS THAT ARE USED AS
BINDERS FOR INKS 91
6.3.2 C5 ALIPHATIC HYDROCARBON RESINS 91
6.3.3 C9 AROMATIC HYDROCARBON RESINS 91
6.3.4 MODIFIED C9 HYDROCARBONS 91
TABLE 14 HYDROCARBON: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 91
TABLE 15 HYDROCARBON: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 92
6.4 MODIFIED CELLULOSE INK RESINS 92
6.4.1 CELLULOSE PROVIDES AN ENTIRE RANGE OF HIGHLY USEFUL FILM
FORMER RESINS FOR LIQUID INKS 92
6.4.2 NITROCELLULOSE RESINS 92
6.4.2.1 RS Nitrocellulose 93
6.4.2.2 SS Nitrocellulose 93
6.4.3 ETHYL CELLULOSE RESINS 93
6.4.3.1 N-Type 93
6.4.3.2 T-Type 93
6.4.4 EHEC RESINS 93
6.4.5 CARBOY METHYL CELLULOSE (CMC) 93
6.4.6 CELLULOSE ACETATES 93
TABLE 16 MODIFIED CELLULOSE: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 94
TABLE 17 MODIFIED CELLULOSE: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 94
6.5 ACRYLIC INK RESINS 95
6.5.1 ACRYLICS ARE RARELY USED DIRECTLY AS THEY HAVE LIMITED
SOLUBILITY IN INKS 95
6.5.2 ACRYLIC SOLUTION RESINS 95
6.5.3 ACRYLIC AQUEOUS EMULSIONS 95
6.5.4 ACRYLIC NAD 95
TABLE 18 ACRYLIC: INK RESINS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 95
TABLE 19 ACRYLIC: INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 95
6.5.5 PASTE INKS 96
6.5.6 SOLVENT INKS 96
6.5.7 WATER-BASED INKS 96
6.6 POLYAMIDE INK RESINS 97
6.6.1 POLYAMIDE RESINS FIND WIDE USE AS BINDERS IN PRINTING INKS 97
6.6.2 REACTIVE POLYAMIDES 97
6.6.3 NON-REACTIVE POLYAMIDES 97
6.6.3.1 Co-solvent polyamides 97
6.6.3.2 Alcohol soluble polyamides 97
TABLE 20 POLYAMIDE: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 98
TABLE 21 POLYAMIDE: INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 98
6.7 POLYURETHANE INK RESINS 99
6.7.1 POLYURETHANE RESIN HAS EXCELLENT PROPERTIES AND CAN BE MADE MORE ATTRACTIVE BY APPLYING ADVANCED TECHNOLOGIES 99
TABLE 22 POLYURETHANE: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 99
TABLE 23 POLYURETHANE: INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 99
6.8 OTHER INK RESINS 100
TABLE 24 OTHER INK RESINS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 100
TABLE 25 OTHER INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 100
7 INK RESINS MARKET, BY TECHNOLOGY 101
7.1 INTRODUCTION 102
FIGURE 32 SOLVENT-BASED TECHNOLOGY TO DOMINATE OVERALL INK RESINS MARKET 102
TABLE 26 INK RESINS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (USD MILLION) 103
TABLE 27 INK RESINS MARKET SIZE, BY TECHNOLOGY, 2019–2026 (KILOTON) 103
7.2 OIL-BASED 104
7.2.1 OIL-BASED INKS ARE USED PRIMARILY IN DROP ON DEMAND (D.O.D.)
WIDE-FORMAT PRINTERS FOR COMMERCIAL APPLICATIONS 104
TABLE 28 OIL-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 104
TABLE 29 OIL-BASED INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 104
7.3 SOLVENT-BASED INKS 105
7.3.1 SOLVENT-BASED INK SYSTEMS ARE EQUIPPED WITH OXIDIZERS AND
OTHER POLLUTION-CONTROL DEVICES TO ELIMINATE VOCS 105
7.3.2 RESIN TYPES FOR SOLVENT-BASED INKS 106
7.3.3 ADVANTAGES & DISADVANTAGES 106
TABLE 30 SOLVENT-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 106
TABLE 31 SOLVENT-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 106
7.4 WATER-BASED INKS 107
7.4.1 WATER-BASED INKS EXCEL IN PRINTING APPLICATIONS INVOLVING
PAPER, CARDBOARD, AND TEXTILES, ARE EVEN USED TO PRINT ON
FOILS, PLASTICS, AND FOOD PACKAGING 107
7.4.2 RESIN TYPES FOR WATER-BASED INKS 108
7.4.3 ADVANTAGES AND DISADVANTAGES 108
TABLE 32 WATER-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 108
TABLE 33 WATER-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (KILOTON) 108
7.5 UV-CURABLE INKS 109
7.5.1 UV-CURING TECHNOLOGIES REGISTERING HIGH GROWTH 109
7.5.2 RESIN SYSTEMS 109
7.5.3 ADVANTAGES AND LIMITATIONS 109
TABLE 34 UV-BASED INK RESINS MARKET SIZE, BY REGION,
2019–2026 (USD MILLION) 109
TABLE 35 UV-BASED INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 110
8 INK RESINS MARKET, BY PRINTING PROCESS 111
8.1 INTRODUCTION 112
FIGURE 33 GRAVURE PRINTING PROCESS DOMINATES INK RESINS MARKET 112
TABLE 36 INK RESINS MARKET SIZE IN PRINTING INKS, BY PRINTING PROCESS,
2019–2026 (USD MILLION) 112
TABLE 37 INK RESINS MARKET SIZE IN PRINTING INKS, BY PRINTING PROCESS,
2019–2026 (KILOTON) 113
8.2 LITHOGRAPHY PROCESS 113
8.2.1 RISING DEMAND FOR LITHOGRAPHIC INK PRINTING PROCESS
INCREASES RESIN CONSUMPTION 113
TABLE 38 INK RESINS MARKET SIZE IN LITHOGRAPHY PROCESS, BY REGION,
2019–2026 (USD MILLION) 113
TABLE 39 INK RESINS MARKET SIZE IN LITHOGRAPHY PROCESS, BY REGION,
2019–2026 (KILOTON) 114
8.3 GRAVURE PROCESS 114
8.3.1 GRAVURE PRINTERS ARE FINDING APPLICATIONS IN THE GROWING PACKAGING INDUSTRY 114
TABLE 40 INK RESINS MARKET SIZE IN GRAVURE PROCESS, BY REGION,
2019–2026 (USD MILLION) 115
TABLE 41 INK RESINS MARKET SIZE IN GRAVURE PROCESS, BY REGION,
2019–2026 (KILOTON) 115
8.4 FLEXOGRAPHY PROCESS 116
8.4.1 FLEXOGRAPHY PROCESS IS USED FOR PACKAGING AND
PUBLISHING APPLICATIONS 116
TABLE 42 INK RESINS MARKET SIZE IN FLEXOGRAPHY PROCESS, BY REGION,
2019–2026 (USD MILLION) 116
TABLE 43 INK RESINS MARKET SIZE IN FLEXOGRAPHY PROCESS, BY REGION,
2019–2026 (KILOTON) 116
8.5 OTHER PRINTING PROCESSES 117
TABLE 44 INK RESINS MARKET SIZE IN OTHER PRINTING PROCESSES, BY REGION, 2019–2026 (USD MILLION) 117
TABLE 45 INK RESINS MARKET SIZE IN OTHER PRINTING PROCESSES, BY REGION, 2019–2026 (KILOTON) 117
9 INK RESINS MARKET, BY APPLICATION 119
9.1 INTRODUCTION 120
FIGURE 34 PRINTING & PUBLICATION SEGMENT PROJECTED TO LEAD INK
RESINS MARKET 120
TABLE 46 INK RESINS MARKET SIZE, BY APPLICATION, 2019–2026 (USD MILLION) 120
TABLE 47 INK RESINS MARKET SIZE, BY APPLICATION, 2019–2026 (KILOTON) 120
9.2 PRINTING & PUBLICATION 121
9.2.1 PRINTING & PUBLICATION INK MARKET IS FACING DECLINE DUE
TO RISE OF INTERNET 121
TABLE 48 INK RESINS MARKET SIZE IN PRINTING & PUBLICATION, BY REGION,
2019–2026 (USD MILLION) 121
TABLE 49 INK RESINS MARKET SIZE IN PRINTING & PUBLICATION, BY REGION,
2019–2026 (KILOTON) 121
9.3 FLEXIBLE PACKAGING 122
9.3.1 FLEXIBLE PACKAGING ADDS VALUE AND MARKETABILITY TO EDIBLE
AND NON-EDIBLE PRODUCTS 122
TABLE 50 INK RESINS MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION,
2019–2026 (USD MILLION) 123
TABLE 51 INK RESINS MARKET SIZE IN FLEXIBLE PACKAGING, BY REGION,
2019–2026 (KILOTON) 124
9.4 CORRUGATED CARDBOARD & CARTONS 125
9.4.1 CORRUGATED CARDBOARD & CARTONS INDUSTRY IS GROWING
AT A HIGH RATE IN KRAFT OR TEST LINER PREPRINT 125
TABLE 52 INK RESINS MARKET SIZE IN CORRUGATED CARDBOARD & CARTONS,
BY REGION, 2019–2026 (USD MILLION) 125
TABLE 53 INK RESINS MARKET SIZE IN CORRUGATED CARDBOARD & CARTONS,
BY REGION, 2019–2026 (KILOTON) 126
9.5 OTHERS 126
TABLE 54 INK RESINS MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2019–2026 (USD MILLION) 127
TABLE 55 INK RESINS MARKET SIZE IN OTHER APPLICATIONS, BY REGION,
2019–2026 (KILOTON) 127
10 INK RESINS MARKET, BY REGION 128
10.1 INTRODUCTION 129
FIGURE 35 INK RESINS MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR
BETWEEN 2021 AND 2026 130
TABLE 56 INK RESINS MARKET SIZE, BY REGION, 2019–2026 (USD MILLION) 130
TABLE 57 INK RESINS MARKET SIZE, BY REGION, 2019–2026 (KILOTON) 130
10.2 ASIA PACIFIC 131
FIGURE 36 ASIA PACIFIC: INK RESINS MARKET SNAPSHOT 132
TABLE 58 ASIA PACIFIC: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 133
TABLE 59 ASIA PACIFIC: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 133
TABLE 60 ASIA PACIFIC: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 134
TABLE 61 ASIA PACIFIC: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON) 134
TABLE 62 ASIA PACIFIC: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (USD MILLION) 134
TABLE 63 ASIA PACIFIC: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (KILOTON) 135
TABLE 64 ASIA PACIFIC: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 135
TABLE 65 ASIA PACIFIC: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (KILOTON) 135
TABLE 66 ASIA PACIFIC: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION) 136
TABLE 67 ASIA PACIFIC: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON) 136
10.2.1 CHINA 136
10.2.1.1 Largest ink resins market in Asia Pacific 136
10.2.2 JAPAN 137
10.2.2.1 Demand for new innovative packaging methods is helping
in the growth of the ink industry 137
10.2.3 INDIA 137
10.2.3.1 Government initiatives and significant market opportunities
making India a key market for ink resins 137
10.2.4 PAKISTAN 137
10.2.4.1 Increase in growth of packaging industry expected to help
the ink industry grow 137
10.2.5 INDONESIA 138
10.2.5.1 New opportunities have helped ink industry to survive
COVID-19 period 138
10.2.6 PHILIPPINES 138
10.2.6.1 Government initiatives helping the growth of packaging industry 138
10.2.7 MALAYSIA 139
10.2.7.1 The country is moving toward environment-friendly packaging
leading to new demand in the ink market 139
10.2.8 BANGLADESH 139
10.2.8.1 Large printing sector promoting growth in the inks market 139
10.2.9 SRI LANKA 139
10.2.9.1 Large export market helping in the growth of the packaging industry 139
10.2.10 REST OF ASIA PACIFIC 140
10.3 EUROPE 140
FIGURE 37 EUROPE: INK RESINS MARKET SNAPSHOT 141
TABLE 68 EUROPE: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 141
TABLE 69 EUROPE: INK RESINS MARKET SIZE, BY COUNTRY, 2019–2026 (KILOTON) 142
TABLE 70 EUROPE: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 142
TABLE 71 EUROPE: INK RESINS MARKET SIZE, BY RESIN TYPE, 2019–2026 (KILOTON) 142
TABLE 72 EUROPE: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (USD MILLION) 143
TABLE 73 EUROPE: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (KILOTON) 143
TABLE 74 EUROPE: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 143
TABLE 75 EUROPE: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (KILOTON) 143
TABLE 76 EUROPE: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION) 144
TABLE 77 EUROPE: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON) 144
10.3.1 GERMANY 144
10.3.1.1 Developments and investments in consumer sectors leading
to the growth of chemical industry 144
10.3.2 FRANCE 145
10.3.2.1 Government investments to drive the inks market 145
10.3.3 ITALY 145
10.3.3.1 Food & beverage industry to promote the packaging industry 145
10.3.4 RUSSIA 145
10.3.4.1 Significant demand from packaging industry leading to
high market growth 145
10.3.5 TURKEY 146
10.3.5.1 A leading market for paints and inks & coatings in Europe 146
10.3.6 REST OF EUROPE 147
10.4 NORTH AMERICA 147
FIGURE 38 NORTH AMERICA: INK RESINS MARKET SNAPSHOT 148
TABLE 78 NORTH AMERICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 148
TABLE 79 NORTH AMERICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 149
TABLE 80 NORTH AMERICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 149
TABLE 81 NORTH AMERICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON) 149
TABLE 82 NORTH AMERICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (USD MILLION) 150
TABLE 83 NORTH AMERICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (KILOTON) 150
TABLE 84 NORTH AMERICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 150
TABLE 85 NORTH AMERICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (KILOTON) 150
TABLE 86 NORTH AMERICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION) 151
TABLE 87 NORTH AMERICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON) 151
10.4.1 US 151
10.4.1.1 Largest market for ink resins in the region 151
10.4.2 CANADA 152
10.4.2.1 Demand for ink resins to increase due to the growing
packaging industry 152
10.4.3 MEXICO 152
10.4.3.1 Printing inks market in witnessing high growth 152
10.5 MIDDLE EAST & AFRICA 153
FIGURE 39 INCREASING DEMAND FOR INK RESINS FROM PRINTING & PUBLICATION APPLICATION TO DRIVE MARKET IN MIDDLE EAST & AFRICA 153
TABLE 88 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 154
TABLE 89 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 154
TABLE 90 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 155
TABLE 91 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON) 155
TABLE 92 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS, 2019–2026 (USD MILLION) 155
TABLE 93 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS, 2019–2026 (KILOTON) 156
TABLE 94 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 156
TABLE 95 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (KILOTON) 156
TABLE 96 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION) 156
TABLE 97 MIDDLE EAST & AFRICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON) 157
10.5.1 SAUDI ARABIA 157
10.5.1.1 Various leading manufacturers have set up their manufacturing
units in the country 157
10.5.2 UAE 157
10.5.2.1 Government initiatives are promoting local players, boosting
demand in the ink resins market 157
10.5.3 SOUTH AFRICA 158
10.5.3.1 Government investments boosting the economy 158
10.5.4 NIGERIA 158
10.5.4.1 Food industry accounts for major share of flexible packaging 158
10.5.5 EGYPT 158
10.5.5.1 Publishing business is leading to growth of the ink resins market 158
10.5.6 ETHIOPIA 159
10.5.6.1 COVID-19 has impacted industries 159
10.5.7 KENYA 159
10.5.7.1 Government initiatives to propel the ink resins market 159
10.5.8 ISRAEL 160
10.5.8.1 Growth of plastic industry offers major opportunities for
packaging industry 160
10.5.9 JORDAN 160
10.5.9.1 Major economic breakdown but undertaking efforts to recover 160
10.5.10 REST OF MIDDLE EAST & AFRICA 160
10.6 SOUTH AMERICA 161
FIGURE 40 FLEXIBLE PACKAGING TO BE FASTEST-GROWING APPLICATION OF
SOUTH AMERICAN INK RESINS MARKET 161
TABLE 98 SOUTH AMERICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (USD MILLION) 161
TABLE 99 SOUTH AMERICA: INK RESINS MARKET SIZE, BY COUNTRY,
2019–2026 (KILOTON) 162
TABLE 100 SOUTH AMERICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (USD MILLION) 162
TABLE 101 SOUTH AMERICA: INK RESINS MARKET SIZE, BY RESIN TYPE,
2019–2026 (KILOTON) 162
TABLE 102 SOUTH AMERICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (USD MILLION) 163
TABLE 103 SOUTH AMERICA: INK RESINS MARKET SIZE, BY PRINTING PROCESS,
2019–2026 (KILOTON) 163
TABLE 104 SOUTH AMERICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (USD MILLION) 163
TABLE 105 SOUTH AMERICA: INK RESINS MARKET SIZE, BY TECHNOLOGY,
2019–2026 (KILOTON) 164
TABLE 106 SOUTH AMERICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (USD MILLION) 164
TABLE 107 SOUTH AMERICA: INK RESINS MARKET SIZE, BY APPLICATION,
2019–2026 (KILOTON) 164
10.6.1 BRAZIL 165
10.6.1.1 Manufacturers are expanding production capacities, helping
ink resins market grow 165
10.6.2 REST OF SOUTH AMERICA 165
11 COMPETITIVE LANDSCAPE 166
11.1 OVERVIEW 166
FIGURE 41 COMPANIES ADOPTED AGREEMENTS AS THE KEY GROWTH
STRATEGY BETWEEN 2017 AND 2021 166
11.2 MARKET SHARE ANALYSIS 166
TABLE 108 INK RESINS MARKET: DEGREE OF COMPETITION 166
FIGURE 42 INK RESINS MARKET: MARKET SHARE ANALYSIS FOR 2020 167
11.2.1 MARKET RANKING ANALYSIS 167
FIGURE 43 RANKING OF KEY PLAYERS 167
11.3 COMPANY REVENUE ANALYSIS 168
FIGURE 44 REVENUE ANALYSIS FOR KEY COMPANIES DURING THE PAST THREE YEARS 168
11.4 COMPANY EVALUATION QUADRANT, 2020 169
11.4.1 STARS 169
11.4.2 EMERGING LEADERS 169
11.4.3 PERVASIVE 169
11.4.4 PARTICIPANTS 170
FIGURE 45 INK RESINS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2020 170
11.5 SME MATRIX, 2020 171
11.5.1 PROGRESSIVE COMPANIES 171
11.5.2 DYNAMIC COMPANIES 171
11.5.3 STARTING BLOCKS 171
11.5.4 RESPONSIVE COMPANIES 171
FIGURE 46 INK RESINS MARKET: EMERGING COMPANIES’ COMPETITIVE
LEADERSHIP MAPPING, 2020 172
11.6 STRENGTH OF PRODUCT PORTFOLIO 173
FIGURE 47 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN INK RESINS MARKET 173
11.7 BUSINESS STRATEGY EXCELLENCE 174
FIGURE 48 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN INK RESINS MARKET 174
11.8 COMPETITIVE SCENARIO 175
11.8.1 MARKET EVALUATION FRAMEWORK 175
TABLE 109 STRATEGIC DEVELOPMENTS, BY COMPANY 175
TABLE 110 MOST FOLLOWED STRATEGY 175
TABLE 111 GROWTH STRATEGIES ADOPTED BY KEY COMPANIES 175
11.8.2 MARKET EVALUATION MATRIX 176
TABLE 112 COMPANY PRODUCT FOOTPRINT 176
TABLE 113 COMPANY REGION FOOTPRINT 176
TABLE 114 COMPANY INDUSTRY FOOTPRINT 176
11.9 STRATEGIC DEVELOPMENTS 177
TABLE 115 DEALS, 2017–2021 177
TABLE 116 OTHERS, 2017–2021 178
12 COMPANY PROFILES 179
12.1 KEY COMPANIES 179
(Business Overview, Products Offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices made, Weaknesses and competitive threats)*
12.1.1 LAWTER 179
TABLE 117 LAWTER : BUSINESS OVERVIEW 179
FIGURE 49 LAWTER : COMPANY SNAPSHOT 180
12.1.2 BASF SE 185
TABLE 118 BASF SE: BUSINESS OVERVIEW 185
FIGURE 50 BASF SE: COMPANY SNAPSHOT 186
TABLE 119 BASF SE: DEALS 189
12.1.3 COVESTRO AG 191
TABLE 120 COVESTRO AG: BUSINESS OVERVIEW 191
FIGURE 51 COVESTRO AG: COMPANY SNAPSHOT 192
TABLE 121 COVESTRO AG: DEALS 193
12.1.4 THE DOW CHEMICAL COMPANY 195
TABLE 122 THE DOW CHEMICAL COMPANY: BUSINESS OVERVIEW 195
FIGURE 52 THE DOW CHEMICAL COMPANY: COMPANY SNAPSHOT 196
12.1.5 EVONIK INDUSTRIES AG 198
TABLE 123 EVONIK INDUSTRIES AG: BUSINESS OVERVIEW 198
FIGURE 53 EVONIK INDUSTRIES AG: COMPANY SNAPSHOT 198
TABLE 124 EVONIK INDUSTRIES AG: OTHERS 199
12.1.6 KRATON CORPORATION 201
TABLE 125 KRATON CORPORATION: COMPANY SNAPSHOT 201
FIGURE 54 KRATON CORPORATION: COMPANY SNAPSHOT 202
12.1.7 ARAKAWA CHEMICAL INDUSTRIES LTD. 203
TABLE 126 ARAKAWA CHEMICAL INDUSTRIES LTD.: BUSINESS OVERVIEW 203
FIGURE 55 ARAKAWA CHEMICAL INDUSTRIES LTD.: COMPANY SNAPSHOT 203
12.1.8 HYDRITE CHEMICAL CO. 205
TABLE 127 HYDRITE CHEMICAL CO.: BUSINESS OVERVIEW 205
12.1.9 INDULOR CHEMIE GMBH 206
TABLE 128 INDULOR CHEMIE GMBH: BUSINESS OVERVIEW 206
12.1.10 IGM RESINS 207
TABLE 129 IGM RESINS : BUSINESS OVERVIEW 207
12.2 OTHER COMPANIES 209
12.2.1 FLINT GROUP 209
TABLE 130 FLINT GROUP: COMPANY OVERVIEW 209
12.2.2 DIC CORPORATION 209
TABLE 131 DIC CORPORATION: COMPANY OVERVIEW 209
12.2.3 THE LUBRIZOL CORPORATION 210
TABLE 132 THE LUBRIZOL CORPORATION: COMPANY OVERVIEW 210
12.2.4 EASTMAN CHEMICAL COMPANY 210
TABLE 133 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW 210
12.2.5 MITSUBISHI CHEMICAL CORPORATION 211
TABLE 134 MITSUBISHI CHEMICAL CORPORATION: BUSINESS OVERVIEW 211
12.2.6 ARKEMA 211
TABLE 135 ARKEMA: BUSINESS OVERVIEW 211
12.2.7 INGEVITY 212
TABLE 136 INGEVITY: BUSINESS OVERVIEW 212
12.2.8 RESINALL CORP 212
TABLE 137 RESINALL CORP: BUSINESS OVERVIEW 212
12.2.9 GELLNER INDUSTRIAL LLC 213
TABLE 138 GELLNER INDUSTRIAL LLC: BUSINESS OVERVIEW 213
12.2.10 KANE INTERNATIONAL CORPORATION 213
TABLE 139 KANE INTERNATIONAL CORPORATION: BUSINESS OVERVIEW 213
12.2.11 VIL RESINS 214
TABLE 140 VIL RESINS: BUSINESS OVERVIEW 214
12.2.12 D.R. COATS, INK & RESINS PVT. LTD. 214
TABLE 141 D.R. COATS, INK & RESINS PVT. LTD.: BUSINESS OVERVIEW 214
12.2.13 ALLNEX GROUP 215
TABLE 142 ALLNEX GROUP: BUSINESS OVERVIEW 215
12.2.14 SETCO CHEMICALS (I) PVT. LTD. 215
TABLE 143 SETCO CHEMICALS (I) PVT. LTD.: BUSINESS OVERVIEW 215
12.2.15 SAUDI INDUSTRIAL RESINS LIMITED 215
TABLE 144 SAUDI INDUSTRIAL RESINS LIMITED.: BUSINESS OVERVIEW 215
*Details on Business Overview, Products Offered, Recent Developments, Deals, MnM view, Right to win, Strategic choices made, Weaknesses and competitive threats might not be captured in case of unlisted companies.
13 ADJACENT/RELATED MARKETS 216
13.1 INTRODUCTION 216
13.2 LIMITATION 216
13.3 DIGITAL PRINTING MARKET 216
13.3.1 MARKET DEFINITION 216
13.3.2 MARKET OVERVIEW 216
13.3.3 GLOBAL DIGITAL PRINTING MARKET 216
TABLE 145 GLOBAL DIGITAL PRINTING MARKET, 2015–2020 (USD MILLION) 217
TABLE 146 GLOBAL DIGITAL PRINTING MARKET, 2021–2026 (USD MILLION) 217
13.3.3.1 Digital Printer 217
13.3.3.2 Ink Market for Digital Printing 217
13.3.3.3 Print Head Market for Digital Printers 217
13.3.4 DIGITAL PRINTING MARKET, BY REGION 218
TABLE 147 DIGITAL PRINTING MARKET, BY REGION, 2015–2020 (USD MILLION) 218
TABLE 148 DIGITAL PRINTING MARKET, BY REGION, 2021–2026 (USD MILLION) 218
13.3.4.1 Asia Pacific 218
13.3.4.2 North America 219
13.3.4.3 Europe 219
13.3.4.4 Rest of the World 219
14 APPENDIX 220
14.1 DISCUSSION GUIDE 220
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL 222
14.3 AVAILABLE CUSTOMIZATIONS 224
14.4 RELATED REPORTS 224
14.5 AUTHOR DETAILS 225
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