Imaging Chemicals Market Size is projected to reach 29.97 Billion USD By 2022

[125 Pages Report] Imaging Chemicals Market size was USD 20.77 Billion in 2016, and is projected to reach USD 29.97 Billion by 2022, at a CAGR of 6.3% from 2017 to 2022. The base year that has been considered for this study on the imaging chemicals market is 2016, while the forecast period is between 2017 and 2022.

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Key Target Audience:

Raw Material Suppliers
Manufacturers of Imaging Chemicals
Traders, Distributors, and Suppliers of Imaging Chemicals
Government & Regional Agencies, Research Organizations, and Investors Related to Imaging Chemicals

Expansions, new product launches, and mergers & acquisitions were the strategies adopted by leading players to enhance their presence in the imaging chemicals market between January 2014 and June 2017. Fujifilm (Japan), The Eastman Kodak Company (US), Vivimed Labs (India), DIC Corp. (Japan), Flint Group (Germany), Sakata Inx (Japan), Toyo Ink SC (Japan), Siegwerk Druckfarben (Germany), and T&K Toka (Japan) are some of the leading players operating in the imaging chemicals market.

Flint Group operates through different product segments, such as flexography, gravure, sheetfed, UV offset, news print, heatset, letterpress, UV screen, pigments, and digital. The company has a widespread product portfolio serving its different sets of customers worldwide. It mainly focuses on product launches and product enhancements to strengthen its portfolio. For instance, in 2015, the company opened new facilities in Russia and Sweden. In 2017, it launched new products such as nyloflex FTC Digital, XCURA EVO, and Sheetfed UV Low Migration inks, which have helped the company strengthen its portfolio, and focus on a range of innovative products. Flint Group also focuses on strategic acquisition with key market players to grow in the market.

Siegwerk Druckfarben AG & Co. KGaA offers different variants of printing inks for flexible packaging, tobacco packaging, narrow web, paper and board, print media, sheetfed, and liquid food packaging applications. The company has specialized offerings and focuses on innovations to enhance its product portfolio. Siegwerk focuses on new product development as one of its strategies to enhance its product portfolio. For instance, in 2017, the company launched several products such as ColorTissue, EB offset ink, and PUR inks to make its portfolio unique and versatile. Siegwerk is also focusing on expanding its reach in emerging markets by opening INKube in Asia and inkjet laboratory at its technical center (dedicated to research and development) in France.

Drivers & Opportunities in global industry

·         Growth of the Application Areas of Imaging Chemicals
·         Technological Shift Towards Digital and On-Demand Printing
·         Return of Film-Based Imaging

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