Ink resins are generally used in the production of printing inks. They are used in ink pigments and dispersion of the inks to change the physical and chemical properties of ink. The most significant properties that ink resins should possess are stability, good surface appearance, glossy finish, flow, solvency, and dilatability. Resins are a part of the composition of printing inks. Resins are used depending upon the type of ink technology, printing system, and the end-user applications.
Market Analysis and Insights: Global Ink Resins Market
Due to the COVID-19 pandemic, the global Ink Resins market size is estimated to be worth US$ 2680.7 million in 2022 and is forecast to a readjusted size of US$ 3353.1 million by 2028 with a CAGR of 3.8% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Modified Rosin accounting for % of the Ink Resins global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Printing & Publication segment is altered to an % CAGR throughout this forecast period.
Currently, the Asia-Pacific region is the largest consumer of ink resins and is estimated to grow at the highest CAGR. The countries such as China, Japan, and India is expected to lead the Asia-Pacific ink resins market, with China having the largest share in the regional volumetric consumption of ink resins. The market volume of ink resins is comparatively low in the RoW region, but the estimated growth for the region is second highest after Asia-Pacific.
Global Ink Resins Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Ink Resins Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Modified Rosin
Hydrocarbon
Acrylic
Polyamide
Polyurethane
Segment by Application
Printing & Publication
Flexible Packaging
Corrugated Cardboards & Cartons
Others
By Company
Arakawa Chemical Industries
BASF
Evonik Industries
Royal DSM
Dow Chemical
allnex group
CASKYD INDUSTRIAL RESINS AND CHEMICALS
Crescent Chemicals
D.R.Coats Ink & Resins
DIC
IGM Resins
Indulor Chemie
Kane International Corporation
Kausik Printing INK
MACRO POLYMERS
Resinall
SETCO CHEMICALS
Vil Resins
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina