Ink Resin Market was valued at USD 3.5 Billion in 2022 and is projected to reach USD 5.2 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030.
The global ink resin market was valued at approximately USD 3.5 billion in 2022, with a projected Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2028. This growth is attributed to the rising demand for high-quality and durable inks in various applications, including packaging, publishing, and labeling. The increasing use of ink resins in advanced printing technologies and the expansion of the packaging industry, particularly in the food and beverage sector, are key drivers of this market expansion. The shift towards sustainable and eco-friendly ink solutions is also expected to influence market dynamics positively.
Opportunities in the ink resin market are emerging from the development of innovative resin technologies and the growing adoption of digital printing methods. The surge in demand for customized and high-performance inks in the emerging markets of Asia-Pacific and Latin America presents significant growth prospects. Additionally, advancements in resin chemistry and the introduction of bio-based and recyclable resins are likely to create new market opportunities. The ongoing focus on reducing environmental impact and improving ink efficiency will drive further market growth and open new avenues for industry participants.
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BASF SE
The Dow Chemical Company
Lawter B.V
Indulor Chemie Gmbh
Kraton Corporation
Evonik Industries AG
Arakawa Chemical Industries
Ltd
IGM Resins
Inc Hydrite Chemical Co
Royal Dsm N.V
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Ink Resin Market
Flexible Packaging
Corrugated Cardboard & Folding Cartons
Printing & Publications
Based on Types the Market is categorized into Below types that held the largest Ink Resin market share In 2023.
Modified Rosin
Hydrocarbon
Acrylic
Polyamide
Polyurethane
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Ink Resin Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Ink Resin Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Ink Resin Market, By Type
6. Global Ink Resin Market, By Application
7. Global Ink Resin Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Ink Resin Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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