CHEMICAL INDICATOR INKS MARKET ANALYSIS

Market Challenges And Opportunities

Market Dynamics

Chemical indicator inks are primarily used in end use industries such as chemical, pharmaceutical, and healthcare in the process of sterlization monitoring and as neutralisation reaction indicators. Sterlisation is one of the primary processes that take place in the healthcare industry since sterlisation of surgical equipment, instruments, and supplies directly affect patients' health and wellbeing. Chemical indicators can confirm the effective sterlisation of equipment used in surgery and patient care, and help determine the sterlisation level that has been reached. Growing prevalence of infectious diseases worldwide is expected to drive demand for chemical indicator inks. Furthermore, stringent regulations implemented by regulatory bodies such as the U.S. Environmental Protection Agency such as mandates for sterlisation of surgical supplies and equipment is a contributing factor to the rising demand for chemical indicator inks. Chemical indicator inks are also gaining traction in the food canning industry, particularly for suppliers of perishable, canned products such as meat and fish.

Chemical indicator inks are also used in solvents and colorants in rotogravure in printing processes. These products, which have a liquid consistency due to the presence of petrochemicals, can release volatile compounds that are harmful for the environment. Additionally, the overall cost involved in the printing industry depends on the process selected. Flexographic printing, for instance, incurs higher costs compared to other processes, which can hamper the market growth in the near future.