North America Printing Inks Market: Stringent Emission Regulations to Increase Demand for Water-based Products, TMR

The North America printing inks market features a largely consolidated competitive landscape, with the leading three companies collectively accounting for over 65% of the market in 2015, observes Transparency Market Research (TMR) in a recent report. These leading players, namely Sun Chemical Corporation, Flint Group, and INX International Ink Co. command prominent positions in the market on account of their well-established distribution channels, several research and development centers, and operating facilities across a number of potential markets.

The market is going through a sluggish growth path and more focus on the development of on innovative and trendy products such as the environment-friendly water-based and UV-cured printing inks over solvent-based products is expected to be the key distinguishing factor in the next few years. Stringent emission regulations in the U.S. and Canada will lead to an increased demand for water-based and UV-cured products in the near future.

Transparency Market Research estimates that the North America printing inks market will exhibit a 5.7% CAGR over the period between 2016 and 2024, rising to a valuation of US$8.7 bn by 2024 from the US$5.3 bn valuation in 2015.

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Oil-based Printing Inks to Retain Dominance in North America Printing Inks Market

The report examines the North America printing inks market for product varieties such as solvent-based printing inks, water-based printing inks, UV-cured printing inks, and oil-based printing inks. Of these, the segment of oil-based printing inks is presently the leading contributor of revenue to the North America market. The high share of the product segment in the overall market is attributable to its extensive usage in commercial and publication printing.

From a geographical standpoint, the North America market has been segmented into the U.S. and Canada. Of these, the market in the U.S. dominates in terms of production, consumption, as well as revenue contribution to the North America printing inks market. The U.S. is expected to remain the dominant region for the printing inks market in North America over the report’s forecast period as well, exhibiting a 5.55% CAGR from 2016 through 2024.

Healthy Growth of Packaging Industry to offer Lucrative Growth Opportunities

The consistently healthy growth of the packaging industry in North America is considered a key growth factor for the North America printing inks market. Rising disposable incomes, a thriving e-commerce industry, increased consumption of packaged food products, and improving economies have all significantly contributed to the growth of the packaging industry. The increased use of accurate labelling on packages to ensure appropriate transactions provides a significant boost to the North America printing inks market and is expected to remain the key driver for the market in the next few years as well.

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Thriving Market for Digitized Books Emerges as Key Challenge to Growth

Some of the key challenges faced by the North America market for printing inks include the thriving market for e-learning and the increasing trend of higher demand for digitized books and other communication and publication material over paper-based ones. The resultant decline in the market for paper-based communication and publication media is expected to remain a key threat to the overall growth of the North America market for printing inks.

The market is also expected to bear the brunt of the vast and increasingly stringent emission-related regulations that prohibit the use of toxic metals such as cadmium, mercury, and lead and inorganic solvents for the preparation of printing inks. These metals and inorganic solvents are considered harmful for the environment as well as for human health are rapidly being replaced by organic products. The ensuing high costs from research and development activities for the formulation of organic products, with characteristics equally strong or better than solvent-based products, could lead to shrunken profit margins.

Superabrasives (Turning, Cutting, Buffing, Drilling, Boring, Grinding) Market Research Report 2025

An abrasive is a material which molds or provides finishing to a work piece through a process which includes buffing, grinding, cutting, as well as polishing. Abrasion typically depends on the difference in the hardness of the material and the abrasive (with the latter being the harder of the two). Unlike regular abrasion where any two solid materials that repeatedly rub against each other tend to wear away, superabrasives possess the kind of hardness that enables them to stay usable for a longer period of time. On the basis of hardness, the top two superabrasives include diamond and cubic boron nitride (CBN). Industrial diamonds used as superabrasives are exceptionally hard materials. However, they display several technological limitations. For instance, when a diamond comes in contact with a ferrous alloy such as steel or a nickel superalloy, the resulting formation of carbide leads to its abrasion. Also, a diamond-containing tool can only be used at moderate temperatures a

Industrial Lubricants Market: Strong Demand Across Automotive Industry, Trends To 2025

Lubricants refer to the organic or inorganic material primarily being use to decrease friction between two surfaces in contact. Lubricants play a key role in several industries as well as in commercial and residential sectors. One of their most common uses is in the lubrication of bearings and gears, allowing for their easy movement at high speeds, without loss in energy, prevent excessive generation of heat, or most importantly, prevent damage that would be caused otherwise. Industrial lubricants are, therefore, essential in enhancing the overall efficiency of a machine that contains moving parts in contact with one another. The global industrial lubricants market is currently expanding at a solid growth rate, driven by several factors and spearheaded by the likes of BP, Total, Chevron Corporation, ExxonMobil, and Shell. Browse Market Research Report @ http://www.transparencymarketresearch.com/industrial-lubricants-market.html What Impact has the Oil and Gas Industry Had

Rapid Prototyping Market - Rapidly Gaining Importance in Aerospace Sector, Research By 2024

Rapid prototyping is a technique in which the physical modeling of a design is done with the help of specialized machining technology. It was developed initially in the mid-1980s, the principle used in this technology is of solid modeling with the help of computer programs (i.e. CAD). Solid modeling makes use of computer aided-design (CAD) data to completely describe not just the external shape of parts or equipment, but its interior volume as well as the outside surfaces. The computer model is sliced into thin layers and the part of the product or commodity to be modelled or developed as per the requirement, is eventually fabricated by adding layers onto each other. Obtain Report Details @ http://www.transparencymarketresearch.com/rapid-prototyping-market.html The primary benefit of the system is that almost any shape can be manufactured using computerized programs. Time and money savings vary from 50% to 90% compared to conventional systems. Types of rapid prototypi

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