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Showing posts with the label Global Chemical Indicator Inks Industry

Global Chemical Indicator Inks Market to Reach US$53.1 mn by 2020

A new report published by Transparency Market Research (TMR) published a report on the  global chemical indicator inks market . The report, titled “ Chemical Indicator Inks Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ”, is available for sale on the company’s website. The report offers a comprehensive overview of the market.According to the report, the global chemical indicator inks market was worth US$30.2 mn in 2013 and is expected to reach US$53.1 mn by 2020, growing at a CAGR of 8.4% from 2014 to 2020.This robust growth rate will be fueled by the growing need for sterilization monitoring and a pressing need to avert the spread of hospital-related infections. Chemical indicator inks are used in several sterilization monitoring processes, as they change color when exposed to certain sterilants at set temperatures. The change indicates that the process of sterilization is complete and the instruments are safe to be used for the ne...