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New York, June 22, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of the report “2021 Solvent-based Printing Inks Global Market Report: COVID-19 Impact and Recovery in 2030”- https://www.reportlinker.com/p06097015/?utm_source=GNW
Ltd., Lawter Inc., Yansefu Inks, Coatings Pvt. Ltd., Siegwerk Druckfarben AG & Co. KGaA and Sakata INX Corporation.
The global solvent-based printing ink market is expected to grow from USD 11.13 billion in 2020 to USD 11.63 billion in 2021, with a compound annual growth rate (CAGR) of 4.5%. The growth was mainly due to the company’s rescheduling of operations and the impact of COVID-19, which earlier led to restrictive containment measures, including social distancing, remote work and the closure of business activities, which led to operational challenges. It is estimated that by 2025, the market will reach USD 13.49 billion at a compound annual growth rate of 4%.
The solvent-based printing ink market includes the sales of solvent-based printing inks and related services for the production of 3D printed objects and banners. Solvent-based inks are pigment inks mixed with volatile organic compounds (VOC) such as hydrocarbons and alcohols, ketones, esters, and other waterproof and ultraviolet (UV) safe substances.
They are relatively inexpensive and can be printed on flexible, uncoated vinyl substrates that are used to produce vehicle graphics, billboards, 3D printed objects, banners, and self-adhesive decals.
The markets covered by this report are divided into cellulose inks, epoxy resin inks, vinyl inks, vinyl acrylic inks, and polyurethane inks by type; …
The full story on Benzinga.com
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