A $4.8 Billion Global Opportunity for Digital Inks by 2026 - New Research from StrategyR

SAN FRANCISCO, July 4, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Digital Inks - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.

FACTS AT A GLANCE
What's New for 2022?

• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
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• Access to our digital archives and MarketGlass Research Platform
• Complimentary updates for one year

Edition: 18; Released: January 2022
Executive Pool: 1552
Companies: 41 - Players covered include Avery Dennison Corporation; Blue Jade Texink Pvt. Ltd.; Bordeaux Digital Printink Ltd.; Braden Sutphin Ink Company; Cabot Corporation; Dip-Tech Digital Printing Technologies Ltd.; E. I. du Pont De Nemours and Company; Esmalglass-Itaca Grupo; FUJIFILM Holdings Corporation; Huntsman Corporation; Independent Ink, Inc.; INX International Ink Co.; JK Group - Kiian Digital; Kornit Digital Ltd.; Marabu GmbH & Co. KG; Meghmani Dyes and Intermediates Ltd.; Nazdar Ink Technologies; NUtec Digital Ink; Sensient Imaging Technologies SA; Siegwerk Druckfarben AG & Co. KgaA; SPGPrints BV; Sun Chemical Corporation; Torrecid Group; Toyo Ink SC Holdings Co., Ltd.; Wikoff Color Corporation and Others.
Coverage: All major geographies and key segments
Segments: Formulation (Solvent-Based, Water-Based, UV-Cured, Other Formulations); Application (Advertising & Promotion, Ceramic Tiles Printing, Packaging, Clothing & Household Textiles, Publication, Other Applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

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ABSTRACT-

Global Digital Inks Market to Reach $4.8 Billion by 2026
Amid the COVID-19 crisis, the global market for Digital Inks estimated at US$3 Billion, is projected to reach a revised size of US$4.8 Billion by 2026, growing at a CAGR of 8.3% over the analysis period. Solvent-Based, one of the segments analyzed in the report, is projected to record a 9.2% CAGR and reach US$2.2 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Water-Based segment is readjusted to a revised 7.6% CAGR for the next 7-year period.

The U.S. Market is Estimated at $871.6 Million in 2021, While China is Forecast to Reach $1.1 Billion by 2026
The Digital Inks market in the U.S. is estimated at US$871.6 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.1 Billion by the year 2026 trailing a CAGR of 12.7% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 5.4% CAGR.

UV-Cured Segment to Reach US$716.7 Million by the year 2026
In the global UV-Cured segment, USA, Canada, Japan, China and Europe will drive the 7.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$335.2 Million will reach a projected size of US$567.4 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More

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About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: [email protected]

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SOURCE Global Industry Analysts, Inc.