Wednesday, May 29, 2013
Global Printing Ink Industry Growth
Printing Ink Market Analysis Available for Global and China to 2015: Driven by the thriving printing industry, recent years have seen upward mobility in global printing ink industry. North America, Japan and Western Europe have kept the position as the world’s major printing ink producers and consumers, with the respective consumption in 2012 making up 23 percent, 19 percent and 18 percent. However, Europe and Americas’ growing saturated trend in the printing ink market means they are now losing out to Asian regions such as China and India. Presently, many transnational industrial magnates have accelerated their business sprawl in these emerging markets, including DIC, Flint, Toyo Ink, Sataka INX, Siegwerk, and Huber which had established branches in China as of late 2012. In 2012, both Sataka INX and DIC announced to build their own new printing ink factories in India.