The Global Digital Textile Printing Ink Market Growth 2019-2024 is a research report available at DecisionDatabases.com.
Digital Textile Printing Ink is an ink used in digital inkjet printer, generally; it can be directly applied to the print media in the form of droplets. The main components of the ink are color unit and vectors. Color unit may be a pigment or dye.
The price of digital textile printing ink is also decline in the past five years because of the market impact. Compared to the traditional printing process, the price of this ink is too high. The global grow margin is at about 40%, and after 2014, the grow margin decreased in a certain extent.
There are many manufactures of the digital textile printing ink in the world, the largest company occupy about 15% market share, mainly in the United States and Europe. DuPont and Huntsman stands for the industry's development.
The price of products from USA and EU is higher than product produced in developing Country. The manufactures in China should strengthen technology research and development and produce best Digital Textile Printing Ink product.
According to this study, over the next five years the Digital Textile Printing Ink market will register a 12.5% CAGR in terms of revenue, the global market size will reach US$ 1440 million by 2024, from US$ 710 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Digital Textile Printing Ink business, shared in Chapter 3.
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The key manufacturers covered in this report:
- JK Group
- Jay Chemical
- Dow Corning
- Magna Colours
Segmentation by product type:
- Reactive Dye Inks
- Acidic Ink
- Paint Ink
- Dispersion & Sublimation Ink
Segmentation by application:
- Silk/Wool Textile
- Nylon/Chemical Fiber Textile
- Cotton Textile
This report also splits the market by region:
- United States
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- To study and analyze the global Digital Textile Printing Ink consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Digital Textile Printing Ink market by identifying its various subsegments.
- Focuses on the key global Digital Textile Printing Ink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Digital Textile Printing Ink with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Digital Textile Printing Ink submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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