FLEXOGRAPHIC PRINTING INKS MARKET ANALYSIS

Market Challenges And Opportunities

Flexographic Printing Inks Market Report Coverage

Global Flexographic Printing Inks Market - Restraints

• Strict rules and regulations on volatile organic compounds (VOC)

Strict rules and regulations on VOCs is expected to hinder the market growth of flexographic inks. A typical flexographic ink composition contains nearly 20% polymers, 60% solvent, 15% organic colorants, and 5% additives. The solvent present in the flexographic inks emits toxic fumes of VOCs during the drying process which are harmful to the environment.

Market Opportunities

• The growing use of UV-cured inks flexography printing

The growing use of UV-cured ink flexography printing as they do not contain any volatile compounds is projected to serve major growth opportunities to the market of flexographic ink. They have various advantages and are highly preferred over conventional printing. UV-cured inks are also gaining momentum on the account of the growing demand for VOC-free printing inks this in turn is propelling the market growth of flexographic ink.

• Rapid urbanization coupled with the increasing population 

Rapid urbanization coupled with the increasing population is expected to provide lucrative opportunities. A rise in food & beverage packaging due to the growing demand for food is also expected to foster market growth. Moreover, the increasing popularity of aesthetic packaging is also projected to bolster the market growth of flexographic ink over the forecast period.

Global Flexographic Printing Inks Market - Growth Drivers

• Growing need for high-speed printing processes

Flexographic inks have superior drying properties that enhance the printing rate is expected to propel the market growth of flexographic inks. The demand for flexographic inks is also gaining importance on the account of the growing need for high-speed printing processes. Thus, the growing need for high-performance printing inks is projected to foster the market growth of flexographic inks in the near future.

• Rise in demand for flexible packaging from the pharmaceutical industry

High demand for flexible packaging from the pharmaceutical industry is predominantly accelerating the market growth of flexographic inks. Flexible packaging is used in the packaging of drugs and medical devices. The growing geriatric population is driving demand for healthcare facilities, thereby expanding the pharmaceutical industry. Hence, growth in the pharmaceutical industry is propelling demand for flexible packaging which in turn augments the market growth of flexographic inks