Increasing Penetration of Digital Media to Reflect Positively on Sales of UV Cure Printing Inks

Due to the absence of a clear dominance, the North America UV Cure Printing Inks Market is demonstrating a moderately fragmented but highly competitive landscape. FUJIFILM, Flint Group, Nazdar, DuPont, Toyo Ink America, and Sun Chemical Corp. are some of the leading companies in this market. Currently, these players are aggressively focusing on competitive pricing strategy in order to enhance their visibility in this market. However, this strategy is expected to intensify the rivalry between the participants in the coming years. Planning to lay down strategy for the next few years? Our report can help shape your plan better.According to TMR’s estimations, the North America market for UV cure printing inks offered an opportunity worth US$362.9 mn in 2015. Advancing at a CAGR of 10.30% between 2016 and 2024, the market is projected to cross US$865.9 mn by the end of the forecast period. Offset printing surfaced as the key application area of UV cure printing inks in 2015 with a share of 38%. Driven by its extensive usage in the packaging and the publication and commercial printing sectors, this segment is likely to remain dominant over the forecast period.