Innovations Keep the US$48.9 Billion Digital Inks Market Active, According to New Report By Global Industry Analysts, Inc.

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Expanding markets and applications continue to remain the primary growth drivers for new ink formulations. Over the long term, the digital ink industry is likely to witness more fragmentation and customization, as the technology shifts from traditional SOHO (small office home office) market toward wide format and other industrial applications. World market for digital inks was an estimated US$ 48.9 billion in the year 2007.

Digital Inks Market: A Global Strategic Business Report

Though digital printing has been around for more than two decades, it was not until the mid-1990s that its use really picked up. Rapid technological advances in digital printing are expected to stimulate consumption for digital inks. Global digital inks market is likely to grow at over 7.55% annually, as stated in a recent report published by Global Industry Analysts, Inc.

Europe dominates the global market for digital inks with an estimated 2007 share of 30.31%, while Asia-Pacific represents the fastest growing market mirroring the potential to grow at robust double digit rates. In Asia-Pacific, demand for inkjet inks is expected to grow fastest, registering a CAGR of over 10%. From the end-use perspective, consumption of digital inks in SOHO accounts for a share of about 88.75% in the total market. Though SOHO is mature, digital photo printing is expected to add new growth curve in the segment. Over the long term, the digital ink market is likely to witness fragmentation and customization, as the technology shifts from traditional SOHO market toward wide format and other industrial applications. Emerging end-use segments of digital inks in industrial applications such as, textile and color wide format application markets are projected to record amazing growth rates, at 11.31% and 10.09% respectively.

Major players in the marketplace include Canon Inc., DIC Corporation, Sun Chemical Group, Kohl & Madden Printing Ink, Electronics for Imaging Inc, E. I. du Pont de Nemours and Company, Flint Group, Fujifilm Sericol U.S.A., Inc, Hewlett-Packard Company, Lexmark International Inc., Nazdar Co, Sakata Inx Corporation, Seiko Epson Corporation, Siegwerk Group International, Toyo Ink Mfg. Co. Ltd., Royal Dutch Printing Ink Factories Van Son, Van Son Holland Ink Corporation, and Xerox Corporation, among others.

"Digital Inks Market: A Global Strategic Business Report", published by Global Industry Analysts, Inc., provides a comprehensive review of market trends, product profile, end-use applications, recent developments, mergers, acquisitions, profiles of major players and other strategic industry activities. Analysis is presented for major geographic markets such as US, Canada, Japan, France, Germany, Italy, the UK, Spain, Russia, Asia-Pacific, Middle East and Latin America. Analytics for the period 2000 through 2015 are provided in terms of product segments including Inkjet Inks and Electrostatic Inks (Laser/Copier), and end-use segments including SOHO, color wide format, packaging/coding, textile and other end-use.

For more details about this research report, please visit http://www.strategyr.com/Digital_Inks_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world's largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.

Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.strategyR.com/

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