Opportunity Assessment of Imaging Chemicals Market Reveals Profitable Avenues for Manufacturers : FactMR

newly published imaging chemicals market report forecasts an optimistic growth trajectory for the 2021-2031 forecast period. According to the study, the market is poised to top US$ 34 Bn by 2031, expanding at over 5% CAGR during the aforementioned time period. Growth is being majorly spurred by extensive uptake across the printing & packaging and medical diagnostics segments.
The Demand analysis of Imaging Chemical Printing Inks Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Imaging Chemical Printing Inks Market across the globe.

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Key Market Segments Covered in Study

• Application

  • Imaging Chemicals for Printing & Packaging
  • Imaging Chemicals for Medical Diagnostics
  • Imaging Chemicals for Textile Processing
  • Imaging Chemicals for Other Applications

• Product

  • Imaging Chemical Printing Inks
  • Imaging Chemical Developers
  • Other Imaging Chemical Products

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Key Takeaways from Market Study

• By product, demand for printing inks to surge at a record 6% CAGR to top US$ 16 Bn by 2031
• Demand for chemical developers to incline at a CAGR of 5% across the forecast period
• By application, medical diagnostics anticipated to account for over 40% revenue by 2031
• The U.S. imaging chemicals market topped US$ 6 Bn in 2020, amid high uptake in diagnostic imaging
• Strong printing & packaging industry to sustain growth across China, expected to top US$ 7 Bn by 2031
• India, Australia, and South Korea to jointly account for nearly US$ 5 Bn by 2031

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Competitive Landscape

Agfa-Gevaert NV, Altana AG, Dainichiseika Color & Chemicals Mfg. Co. Ltd., DIC Corporation, Eastman Kodak Company, Flint Group, FUJIFILM Holdings Corporation, Hubergroup Deutschland GmbH, Sakata INX Corporation and SICPA Holding SA are some prominent faces in the imaging chemicals landscape.

• In August 2020, Flint Group owned Xeikon entered into an exclusive partnership with Electronics for Imaging (EFI) for the latter’s Jetrion® digital label and narrow web inkjet printing systems. The agreement provides Xeikon an opportunity to service, support and supply products to key customers.
• In July 2019, Sakata INX Corporation finished building an additional manufacturing plant for its water based inks in Ho Chi Minh, Vietnam. The construction was undertaken in response to growing domestic demand by various end use industries.

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For More Insight- https://www.einpresswire.com/article/557050105/demand-for-alumina-oxide-automotive-ceramics-market-is-expected-to-grow-at-a-cagr-of-5-over-the-forecast-period

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