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Lithographic Printing Chemicals Market Analysis

  • Report ID: GMI2938
  • Published Date: Nov 2024
  • Report Format: PDF

Lithographic Printing Chemicals Market Analysis

Based on product, the market has been segmented into inks, fountain solutions, cleaning solutions, and other products such as gumming solution, photographic chemicals, ancillary products, plate coatings, etc. The inks product segment will capture USD 16.1 billion and demonstrate a 4.4% CAGR till 2032. Increasing product demand in print media applications will drive the segment’s industry development.
 

Cleaning solutions for use in offset printing are mixtures of different chemical compounds such as hydrocarbons, solvent naphtha, oils, tensides, corrosion inhibitors, etc. They are used for the regular cleaning and maintenance of the printing machine. Some of the major functions of this product type is to etch ink components and remove the accumulated dirt.
 

Lithographic Printing Chemicals Market Revenue Share, By Application, (2023)

Based on application, the offset print chemicals market is segmented into publication, packaging, promotion, and others such as stationery items, books, etc. The publication application segment held a 41.1 % market share in 2023, amounting to USD 6.7 billion, and is projected to grow at a 4.6% CAGR from 2024 to 2032. This application includes product usage in the publication of newspapers, magazines, newsletters, etc. High growth of print media industry in the countries of Asia Pacific will drive the segment’s market.
 

Promotion is also a key application segment of the lithographic printing chemicals market. This includes product usage in production of promotional materials such as leaflets, posters, advertisements, etc. Although, the use of flexographic technology for this application is rising in recent years, offset technology is still used widely for promotional applications. Developments in the print advertisement sector will be the major factor boosting product demand for promotion application.
 

U.S. Lithographic Printing Chemicals Market Size, 2021 - 2032 (USD Million)

U.S. lithographic printing chemicals market is projected to achieve USD 1.1 billion, with a CAGR of 2.8% from 2024 to 2032. The U.S. lithographic printing chemicals industry is experiencing notable trends driven by technological advancements and changing market demands. A shift towards eco-friendly and sustainable printing practices is prompting manufacturers to develop biodegradable and low-VOC (volatile organic compounds) inks and chemicals. Additionally, the rise of digital printing is influencing traditional lithographic methods, leading to increased innovation in chemical formulations to enhance print quality and efficiency.
 

As the industry adapts to digital integration, there is a growing focus on optimizing supply chains and reducing waste through improved recycling processes. Furthermore, the demand for customization in print jobs is encouraging chemical producers to offer tailored solutions that meet specific client needs. Overall, the U.S. lithographic printing chemicals industry is poised for growth, characterized by sustainability, technological innovation, and adaptability to evolving consumer preferences.
 

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

The global market size for lithographic printing chemicals was valued at USD 16.3 billion in 2023 and is expected to reach USD 22.8 billion by 2032, driven by a CAGR of over 4.1% from 2024 to 2032.

The publication application segment held a 41.1% market share in 2023, amounting to USD 6.7 billion, and is projected to grow at a 4.6% CAGR from 2024 to 2032, due to the high growth of the print media industry in Asia Pacific.

The U.S. market is projected to achieve USD 1.1 billion by 2032, with a CAGR of 2.8% from 2024 to 2032, driven by technological advancements and a shift towards eco-friendly printing practices.

Major players in the industry include DIC Corporation, Flint Group, Huber Group, Sakata Inx Corporation, SICPA Holding SA, Siegwerk Druckfarben AG & Co., T&K TOKA Corporation, TCI Graphics, Tokyo Printing Ink Company, and Toyo Ink Company.

Lithographic Printing Chemicals Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
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