Imaging Chemicals Market Share Will Take a Big Hit in the Coming Years
The report [125 pages]"Imaging Chemicals Market by Product Type (Printing Inks, Image Developers), Application (Printing & Packaging, Medical Diagnostics, Textile Processing), and Region (North America, Europe, APAC, MEA, and South America) - Global Forecast to 2022" published by MarketsandMarkets™, the market size for imaging chemicals is estimated to grow from USD 22.08 Billion in 2017 to USD 29.97 Billion by 2022, at a CAGR of 6.3% from 2017 to 2022. The growth can be attributed to the increased demand for imaging chemicals from various applications, such as printing & packaging, medical diagnostics, and textile processing.
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Key Target Audience:
- Raw Material Suppliers
- Manufacturers of Imaging Chemicals
- Traders, Distributors, and Suppliers of Imaging Chemicals
- Government & Regional Agencies, Research Organizations, and Investors Related to Imaging Chemicals
The textile processing segment is projected to grow at the highest CAGR between 2017 and 2022. The growth can be attributed to the growing textile manufacturing industry.
The imaging chemicals market in Asia Pacific is projected to grow at the highest CAGR between 2017 and 2022. China is the largest market for imaging chemicals in Asia Pacific. Increasing investments in the printing & packaging, textiles, and medical industries is expected to drive the market in this region.
Key players operating in the imaging chemicals market include Fujifilm (Japan), The Eastman Kodak Company (US), Vivimed Labs (India), DIC Corp. (Japan), Flint Group (Germany), Sakata Inx (Japan), Toyo Ink SC (Japan), Siegwerk Druckfarben (Germany), and T&K Toka (Japan).
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