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%, 19% and 18%. 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.
In recent years, the printing ink
industry of China also has seen rapid development. In 2005-2012, its
printing ink output witnessed a great surge to 784,700 tons, with the
CAGR of 14.59%. Moreover, China printing ink industry has forged three
main industrial belts - the Pearl River Delta industrial belt centering
on Guangdong, the Yangtze River Delta industrial belt surrounding
Shanghai and Zhejiang, and the circum-Bohai-sea industrial belt around
Beijing, Tianjin and Liaoning, with the combined output in 2012 standing
at 66.76%. Nevertheless, China is yet to become a strong country in the
printing ink industry and, foreign brands occupy a lion’s share of 70%.
There are only a few domestic flagship counterparts, including
Guangdong Sky Dragon Printing Ink Group, Letong Chemical Co., Ltd,
Suzhou Kingswood Printing Ink, etc.
Due to the stagnant economic
development worldwide, China printing ink industry has slowed down its
advance. However, given the status quo and downstream demand market, the
CAGR of output in China printing ink industry is expected to realize
around 14% in 2013-2015. And offset printing ink is projected to see the
highest demand in China in upcoming three years, despite overall mild
development, while package printing ink will still see the greatest
growth potential, in particular when it comes to the development of
gravure ink. Meanwhile, with lifting environmental protection standard
targeting the printing ink industry, the demand for
environmental-friendly printing ink, for example flexo printing ink, is
growing.
The report highlights:
- Status Quo, Competition Pattern and Development Outlook of Global Printing Ink Industry;
- Status Quo, Demand & Supply, Import & Export, Influence of Upstream and Downstream Industries and Prediction of China Printing Ink Industry;
- Operation, Printing Ink Business and Business in China of 6 Global Printing Ink Enterprises Including DIC and Flink;
- Operation, Printing Ink Business and Prediction of 8 Chinese Industrial Players Including Guangdong Sky Dragon Printing Ink Group, Suzhou Kingswood Printing Ink and Letong Chemical Co., Ltd.
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