Packaging industry growth to drive the ink resins market.
Anthony Locicero, Associate Editor05.18.20
Sustainability is an important topic for virtually every industry.
Ink manufacturers are developing – or have developed – solutions to meet sustainability goals, especially when it comes to packaging.
The growth of the packaging industry is expected to drive the global ink resins market, Transparency Market Research (TMR) reported.
As TMR noted in its report, “Ink Resins Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2027,” printing ink manufacturers use ink resins as raw materials to impart significant characteristics to printing inks: high solid content, viscosity, gloss, and improved pigment wetting, per TMR. The global ink resins market was valued at $3 billion in 2018, according to TMR.
Research and Markets forecasts the market value to reach $6.3 billion by 2027. Some of the key factors influencing the market growth include the growth of packaging and energy curable inks and upgrading supply of raw m
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