Not surprisingly, ink manufacturers are focusing their efforts on flexible packaging, labels and UV LED formulations
David Savastano, Editor08.07.14
It’s clear that the packaging and digital sides of the printing industry are showing the strongest growth, and the commercial and publication sides are declining. These trends have led to subsequent patterns in the ink industry as well.
One way that these trends have manifested themselves is in the acquisition of smaller packaging ink specialists, which I have covered in the past. Another way to look at it is in the release of new ink technologies.
It is no secret that many of the larger ink companies have cut their R&D budgets in the face of the economic downturn of 2008-09. As a result, ink formulators have to focus on areas where there is growth. Putting it another way, if the market for news inks is in decline, investing significant time and money into the segment makes little financial sense. Even if a company increases its market share, inevitably sales will go down, and the ROI just won’t be there.
Thus, ink companies are putting their R&
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