The total market share of traditional gravure and offset inks is still approximately 80%, and the market share of flexo ink has grown slightly to 12%. In addition to the pricing increases for raw materials, ink manufacturers also face continuous market softness for newspaper printing and more pressure from increasing environment protection standards and regulations.
The market trend for sure is that environmental protection will affect all printing ink companies’ market strategies in China, and it will be a major theme running through the printing ink business in the future.
China is Legalizing Environmental Regulations
On Jan. 1, 2018, China implemented a new environmental tax policy, effectively ending the pollutant discharge fee. All tax
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