Suppliers are seeing growth in the packaging market, although regulations are an increasing challenge.
David Savastano, Editor11.21.16
The waxes and additives market mirrored the changes in the graphic arts industry during 2016, as packaging and inkjet inks continue to be the strongest markets.
Ink manufacturers are heavily reliant on waxes and additives suppliers to help formulate the properties that printers and brand owners require. As a result, it is a sizable market: MarketsandMarkets estimated the global value of ink additives as approximately $630 million in 2013, and anticipated a 5.78 CAGR through 2019.
In terms of specific additives, Freedonia Group places the US surfactant market at $14.4 billion and growing by 3.2% annually through 2018, driven by construction, oil and gas and personal care industries. Grand View Research suggests the global defoamer market exceeds $2 billion, with paints and coatings growing the fastest. In 2015, MarketsandMarkets estimated the PTFE wax business at $870 million by 2018.
Consolidation was on the rise in the ink industry during the past year, and the waxes and addi
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