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North America Water-Based Inks Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Resin Type (Acrylic, Polyester, Maleic, and Others), Technology (Flexographic, Gravure, Digital, and Others), and Application (Packaging, Publication, Tags and Labels, and Others)

Code: TIPRE00023624 | Pages: 123 | Industry: Chemicals and Materials | Date: Jul 2021
Covid

Market Introduction

The North American region comprises developed economies such as the U.S. and Canada, as well as Mexico as a developing nation. The companies are continuously enhancing their overall business processes to meet the customers' demands in the best possible way. Several domestic and international companies operating in the water-based ink market have a strong foothold in the North American region. In this region, the United States is a significant market for water-based ink. The North American region primarily supports the growth of the water-based ink market through effective manufacture and trade policies. A water-based ink is a type of ink which basically contains either pigment or dyes which are in a colloidal suspension with water as a solvent. The main solvent which is used in the production of water-based solvent is water, but the inks may contain other co-solvents which will decrease the time and heat which is necessary to cure the ink film on fabric. The growth in flexible packaging, increase in demand for inks as well as environmental and safety concerns has led to an increase in the demand for water-based inks in the North American market.

The US has the highest number of confirmed cases of coronavirus, among all key countries in the region. This is likely to impact the overall chemical and materials industry including printing inks in the region. Travel restrictions result into postponements and/or cancellations of conferences. North America being the significant contributor in printing inks & coating market these conferences are medium to share information related to latest technologies, product innovations and trends in relevant market which helps the companies to realign their strategies. Cancellations of technological events has impacted the growth of water-based inks market indirectly




Market Overview and Dynamics

The water-based inks market in North America is expected to grow from US$ 2,081.40 million in 2020 to US$ 2,996.20 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2020 to 2028. Product innovations and technological advancements in the printing industry are providing lucrative growth opportunity to the water-based ink market players. Based on rise in effective research and development activities to understand consumer preference as well as increase in investments by emerging and innovative players, paradigm shift has been observed in the technology associated with water-based inks printing techniques. The monitoring of pH balance in water-based inks is necessary to enhance the overall print and color quality. Further, in 2020, Emerald Publishing Limited cited the development of new water-based flexographic ink composed of selected copolymers and ter-polymer nanoparticles, along with pigments and other additional ingredients. Such inks display enhanced rheological features and pH stability, higher degree of dispersion, resistance to water, and color density, among other properties. Additionally, the use of advanced resins in the formulation of water-based ink structures provides immense growth opportunities to the market players. Furthermore, the deployment of gravure ink based on eco-friendly solvents is gaining traction in printing processes. Researchers and manufacturers are highly inclined toward exploring the efficiency of water-based inks in smart design printing. Additionally, water-based ink producers have come up with new products that help to reduce VOC emissions, thereby addressing the concerns pertaining to odor, along with conforming to government regulations and global standards. Moreover, hybrid water-based ink formulations promote better adhesion compared to current ink technologies.

Key Market Segments

In terms of resin type, the acrylic segment accounted for the largest share of the North America water-based inks market in 2019. In terms of technology, the flexographic segment held a larger market share of the water-based inks market in 2019. Further, the packaging segment held a larger share of the market based on application in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the water-based inks market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are DIC Corporation; Flint Group; Hubergroup; Sakata Inx Corporation; Siegwerk Druckfarben AG & Co. KGaA; T&K TOKA Co. Ltd.; Toyo Ink SC Holdings Co., Ltd.; Fujifilm Holdings Corporation; American Inks & Technology; and Wikoff Color Corporation, among others.

Reasons to buy report

  • To understand the North America water-based inks market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America water-based inks market
  • Efficiently plan M&A and partnership deals in North America water-based inks market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America water-based inks market
  • Obtain market revenue forecast for market by various segments from 2020-2028 in North America region

North America Water-Based Inks Market Segmentation

North America Water-Based Inks Market – By Resin Type

  • Acrylic
  • Polyester
  • Maleic
  • Others

North America Water-Based Inks Market – By Technology

  • Flexographic
  • Gravure
  • Digital
  • Others

North America Water-Based Inks Market – By Application

  • Packaging
  • Publication
  • Tags and Labels
  • Others

North America Water-Based Inks Market – By Country

  • US
  • Canada  
  • Mexico       

North America Water-Based Inks -Companies Mentioned

  • DIC Corporation                                                       
  • Flint Group                                                                
  • Sakata Inx Corporation                                          
  • Siegwerk Druckfarben AG & Co. KGaA                 
  • Toyo Ink SC Holdings Co., Ltd.                              
  • T&K TOKA Co. Ltd.                                                  
  • Fujifilm Corporation                                               
  • American Inks & Technology                                    
  • Wikoff Color Corporation                                         
  • Hubergroup                                                                

TABLE OF CONTENTS

1.          Introduction

1.1        Study Scope

1.2        The Insight Partners Research Report Guidance

1.3        Market Segmentation

1.3.1        Water-based Inks Market, by Resin Type

1.3.2        Water-based Inks Market, by Technology

1.3.3        Water-based Inks Market, by Application

1.3.4        North America Water-based Inks Market, by Country

2.          Key Takeaways

3.          Research Methodology

3.1        Scope of the Study

3.2        Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.          North America Water-based Inks Market Landscape

4.1        Market Overview

4.2        PEST Analysis

4.3        Expert Opinion

5.          North America Water-based Inks Market – Key Market Dynamics

5.1        Market Drivers

5.1.1        Strong Demand in Flexible Packaging

5.1.2        Growing Use of Water-based Inks in Textile Printing

5.2        Market Restraints

5.2.1        Technical and Operational Obstacles Pertaining to Water-Based Inks

5.3        Market Opportunities

5.3.1        Widening Investments in Product Innovation

5.3.2        Raising Focus on Sustainability

5.4        Impact Analysis of Drivers and Restraints

6.          North America Water-based Inks –Market Analysis

6.1        Water-based Inks Market Overview

6.2        North America: Water-Based Ink Market – Revenue and Forecast to 2028(US$ Million)

7.          North America Water-based Inks Market Analysis – By Resin Type

7.1        Overview

7.2        North America: Water-Based Ink Market, by Resin Type

7.3        Acrylic

7.3.1        Overview

7.3.2        Acrylic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

7.4        Polyester

7.4.1        Overview

7.4.2        Polyester: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

7.5        Maleic

7.5.1        Overview

7.5.2        Maleic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

7.6        Others

7.6.1        Overview

7.6.2        Others: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

8.          North America Water-based Inks Market Analysis – By Technology

8.1        Overview

8.2        North America: Water-Based Ink Market, by Technology

8.3        Flexographic

8.3.1        Overview

8.3.2        Flexographic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

8.4        Gravure

8.4.1        Overview

8.4.2        Gravure: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

8.5        Digital

8.5.1        Overview

8.5.2        Digital: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

8.6        Others

8.6.1        Overview

8.6.2        Others: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

9.          North America Water-based Inks Market Analysis – By Application

9.1        Overview

9.2        North America: Water-Based Ink Market, by Applications

9.3        Packaging

9.3.1        Overview

9.3.2        Packaging: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

9.4        Publication

9.4.1        Overview

9.4.2        Publication: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

9.5        Tags and Labels

9.5.1        Overview

9.5.2        Tags and Labels: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

9.6        Others

9.6.1        Overview

9.6.2        Others: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

10.       North America Water-based Inks Market –Country Analysis

10.1      Overview

10.1.1     North America: Water-Based Ink Market, by Key Country

10.1.1.1       US: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       US: Water-Based Ink Market, by Resin Type

10.1.1.1.2       US: Water-Based Ink Market, by Technology

10.1.1.1.3       US: Water-Based Ink Market, by Application

10.1.1.2       Canada: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       Canada: Water-Based Ink Market, by Resin Type

10.1.1.2.2       Canada: Water-Based Ink Market, by Technology

10.1.1.2.3       Canada: Water-Based Ink Market, by Application

10.1.1.3       Mexico: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Mexico: Water-Based Ink Market, by Resin Type

10.1.1.3.2       Mexico: Water-Based Ink Market, by Technology

10.1.1.3.3       Mexico: Water-Based Ink Market, by Application

11.       Impact of Covid-19 Pandemic On North America Water-Based Inks Market

11.1      Impact Assessment of COVID-19 Pandemic on North America

12.       North America Water-based Inks Market -Industry Landscape

12.1      Overview

12.2      Strategy & Business Planning

12.3      New Development

12.4      Mergers and Acquisitions

13.       Key Company Profiles

13.1      DIC Corporation

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Flint Group

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Sakata Inx Corporation

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Siegwerk Druckfarben AG & Co. KGaA

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

13.5      Toyo Ink Sc Holdings Co., Ltd.

13.5.1     Key Facts

13.5.2     Business Description

13.5.3     Products and Services

13.5.4     Financial Overview

13.5.5     SWOT Analysis

13.5.6     Key Developments

13.6      T&K TOKA Co. Ltd.

13.6.1     Key Facts

13.6.2     Business Description

13.6.3     Products and Services

13.6.4     Financial Overview

13.6.5     SWOT Analysis

13.6.6     Key Developments

13.7      Fujifilm Corporation

13.7.1     Key Facts

13.7.2     Business Description

13.7.3     Products and Services

13.7.4     Financial Overview

13.7.5     SWOT Analysis

13.7.6     Key Developments

13.8      American Inks & Technology

13.8.1     Key Facts

13.8.2     Business Description

13.8.3     Products and Services

13.8.4     Financial Overview

13.8.5     SWOT Analysis

13.8.6     Key Developments

13.9      Wikoff Color Corporation

13.9.1     Key Facts

13.9.2     Business Description

13.9.3     Products and Services

13.9.4     Financial Overview

13.9.5     SWOT Analysis

13.9.6     Key Developments

13.10   Hubergroup

13.10.1   Key Facts

13.10.2   Business Description

13.10.3   Products and Services

13.10.4   Financial Overview

13.10.5   SWOT Analysis

13.10.6   Key Developments

14.       Appendix

14.1      About The Insight Partners

14.2      Glossary of Terms

LIST OF TABLES

Table 1.            Water-based Inks Market –Revenue and Forecast to 2028 (US$ Million)

Table 2.            US Water-based Inks Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.            US Water-based Inks Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 4.            US Water-based Inks Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.            Canada Water-based Inks Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.            Canada Water-based Inks Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 7.            Canada Water-Based Inks Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.            Mexico Water-based Inks Market, by Resin Type – Revenue and Forecast to 2028 (US$ Million)

Table 9.            Mexico Water-based Inks Market, by Technology – Revenue and Forecast to 2028 (US$ Million)

Table 10.          Mexico Water-based Inks Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 11.          Glossary of Terms, North America Water-based Inks Market

LIST OF FIGURES

Figure 1.           Water-based Inks Market Segmentation

Figure 2.           Water-based Inks Market Segmentation – By Country

Figure 3.           North America Water-based Inks Market Overview

Figure 4.           Packaging Segment Held Largest Share of North America Water-based Inks Market

Figure 5.           US Held Largest Share of North America Water-based Inks Market

Figure 6.           North America Water-based Inks Market, Industry Landscape

Figure 7.           North America: PEST Analysis

Figure 8.           Expert Opinion

Figure 9.           Water-based Inks Market Impact Analysis of Driver and Restraints

Figure 10.        North America: Water-Based Ink Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        North America: Water-Based Ink Market Revenue Share, by Resin Type (2019 and 2028)

Figure 12.        Acrylic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 13.        Polyester: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 14.        Maleic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 15.        Others: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 16.        North America: Water-Based Ink Market Revenue Share, by Technology (2019 and 2028)

Figure 17.        Flexographic: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 18.        Gravure: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 19.        Digital: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 20.        Others: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 21.        North America: Water-Based Ink Market Revenue Share, by Applications (2019 and 2028)

Figure 22.        Packaging: Water-based Inks Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 23.        Publication: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 24.        Tags and Labels: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 25.        Others: Water-Based Ink Market – Revenue, and Forecast to 2028 (US$ Million)

Figure 26.        Geographic Overview of North America Water-based Inks Market

Figure 27.        North America: Water-Based Ink Market Revenue Share, by Key Country (2019 and 2028)

Figure 28.        US: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Canada: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

Figure 30.        Mexico: Water-Based Ink Market –Revenue and Forecast to 2028 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic on Water-based Inks Market in North American Countries

  1. DIC Corporation                                                       
  2. Flint Group                                                                
  3. Sakata Inx Corporation                                          
  4. Siegwerk Druckfarben AG & Co. KGaA                
  5. Toyo Ink SC Holdings Co., Ltd.                              
  6. T&K TOKA Co. Ltd.                                                  
  7. Fujifilm Corporation                                               
  8. American Inks & Technology                                   
  9. Wikoff Color Corporation
  10. Hubergroup    
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America water-based inks market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the North America water-based inks market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth North America market trends and outlook coupled with the factors driving the water-based inks market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution  

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