Rise in Demand for Rotogravure Inks to Boost Sales of Isopropyl Acetate Market, States Fact.MR
iCrowd Newswire
04 Aug 2021, 19:19 GMT+10
Global sales of isopropyl acetate experienced a minor decline in the initial phase of 2020 owing to stringent regulations imposed in Covid-19 crisis throughout the world. As the effect of the disease has come down and the world has learned to manage to deal with the ongoing crisis, situation is stabilizing, encouraging leading as well as new players to focus on recovery.
With the significant rise in demand for rotogravure inks i.e for magazines, books, newspapers, inserts and catalogues also packaging printing on metal and plastic film the global demand for isopropyl acetate is projected to grow. Moreover, isopropyl acetate is also being used for for flexographic printing inks i.e. for paper, cardboard etc. amongst others especially in Asia Pacific region, thus creating traction in the global market.
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Selbyville, Delaware, United States, September 8 2020 (Wiredrelease) Global Market Insights, Inc –:Endorsed by a massive end-user spectrum, the potential of pigments has been increasingly recognized by many chemical industry players. The wide requirement of corrosion inhibition and color imparting across various expanding domains like paints and coatings, construction, printing inks has led to a rise in the demand for superior performance specialty pigments.
Key players:
BASF SE, Merck Group, Ferro Corporation, Lanxess AG, Pidilite Industries Ltd., Clariant AG, DIC Corporation, Cathay Industries Group, Cristal, Tokan Material Technology Co., Ltd., Tronox, Inc and Huntsman International LLC.
In the year 2018, paints and coatings registered the highest demand for the products, especially from the construction and automobile applications. With the evolution of 3D printing technology, the global printing ink industry has witnessed unprecedented developments over the years.