Ink Resin Market Share

Report ID: GMI9638
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Published Date: May 2024
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Report Format: PDF

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Ink Resin Market Share

Ink Resin Market Company Share, (2023)

The competitive landscape of the ink resin industry is characterized by a mix of both global giants and specialized regional players, making the market moderately fragmented. Key players such as BASF, The Dow Chemical Company, and Evonik Industries dominate with their extensive product portfolios, advanced R&D capabilities, and global distribution networks. These companies leverage their vast resources to innovate and meet the diverse needs of the printing industry, thereby holding substantial market shares.
 

Lawter, a prominent name in the sector, along with Arakawa Chemical Industries and Kraton Corporation, focus on specific segments of the market, providing specialized resins that cater to niche applications. Companies like Cymk Inks and Nissin Chemical Industry Co., Ltd., while smaller in scale, play critical roles in regional markets, particularly in Asia Pacific, where the demand for high-quality, cost-effective resins is rapidly growing.
 

Allnex and Flint Group are notable for their comprehensive range of high-performance resins and their strong presence in both developed and emerging markets. The DIC Corporation, known for its innovative solutions, and Indulor, which specializes in sustainable and eco-friendly products, further enhance the market's competitive diversity.
 

The presence of numerous companies across various market segments and regions indicates a moderately fragmented market. This fragmentation fosters competitive pricing, innovation, and the development of specialized products to meet the evolving demands of the global printing industry. As a result, the market remains dynamic and competitive, driven by continuous advancements and regional market growth.
 

Ink Resin Market Companies

Major players operating in the Ink Resin industry include:

  • BASF
  • The Dow Chemical Company
  • Lawter
  • Cymk Inks
  • Arakawa Chemical Industries
  • Evonik Industries
  • Kraton Corporation
  • Allnex
  • Flint Group
  • DIC Corporation
  • Nissin Chemical Industry Co., Ltd.
  • Indulor
Authors: Kiran Pulidindi, Kunal Ahuja
Frequently Asked Question(FAQ) :
Why is the demand for oil-based ink resin growing?
The oil-based technology segment in the ink resin industry recorded 65.1% share in 2023 and is estimated to grow at notable rate between 2024 and 2032, due to their versatility and robust performance in various printing applications.
What factors are driving ink resin market growth in Asia Pacific?
Why is the demand for acrylic ink resin rising?
How big is the ink resin market?
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    Base Year: 2023

    Companies covered: 12

    Tables & Figures: 250

    Countries covered: 23

    Pages: 300

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