Increased demand for books and magazines. These factors are driving the growth of the alcohol-soluble polyamide resin market.
HYDERABAD, Telangana, India, Jan. 30, 2023 /EINPresswire.com/ — In its latest report, IndustryARC predicts that the alcohol-soluble polyamide resin market will reach $850M by 2027 at a CAGR of 5.5% . for the forecast period 2022-2027 Alcohol-soluble polyamide resin is a solid polyamide resin with high oxidation resistance, soluble in n-propanol. As a rule, it is present in many printing inks. The report provides a comprehensive analysis of the market, key segments, growth drivers, trends, drivers and challengers, key players, etc.
Click here to view the full report summary: https://www.industryarc.com/Research/Global-Alcohol-Soluble-Polyamide-Resin-Market-Research-511760
This IndustryARC report on the Alcohol-soluble Polyamide Resins market highlights the following areas:
1. The printing ink market is growing due to strong demand from packaging and paper ink manufacturers. In addition, the growing demand for e-printing is opening up new revenue streams for the market. Emerging economies can experience growth through rapid urbanization and industrialization.
2. The Asia-Pacific region has the largest population in the world, which allows industry leaders to hire workers at low prices and significantly increase productivity. Undoubtedly, having the largest population base will increase the base of active food and beverage consumers, which will lead to a sharp expansion of the packaging paint market, which in turn will expand the market for alcohol-soluble polyamide resins. These features make the Asia-Pacific region a global market leader with strengths in both chemical production and consumer demand.
3. The expansion of use, product improvement, the growth of end-use areas and the growing demand in various regions are all driving the growth of the alcohol-soluble polyamide resin market, and this is expected to continue in the coming years.
Do you want to know more about it? Click here: https://www.industryarc.com/pdfdownload.php?id=511760
1. In 2021, the printing ink industry will occupy the largest share of the alcohol-soluble polyamide resin market, and is expected to achieve a CAGR of 4.7% between 2022 and 2027. Alcohol-soluble polyamide resins are widely used in printing inks such as gravure inks and flexographic inks. Adheres to polyethylene, polypropylene and polyethylene terephthalate surfaces.
2. Asia-Pacific will hold the largest market share of 32% in the alcohol soluble polyamide resin market in 2021 due to growing demand from food, medical and personal care products in countries such as China, Japan and India. For example, according to the Ministry of Economy, Trade and Industry (METI), Japan’s cosmetics and personal care market was the third largest in the world in 2019 with a value of $35 billion. China’s food and beverage industry was worth $595 billion in 2019, up 7.8 percent from the previous year, according to a report from the International Trade Association.
3. According to the report of the Agency for Encouragement and Encouragement of Investments. Similarly, according to a report by the India Brand Equity Foundation (IBEF), the Government of India has announced a $1.484 billion PLI scheme for the food industry starting in fiscal year 22. This growth is driving demand for printing inks, thereby stimulating the market for alcohol-soluble polyamide resins.
1. BFB Enterprises.2. Tecmos3. Jiangxi Huangyan Resin Technology4. Bene Chemical5. Anhui Elite Industrial
Click the link below to buy alcohol soluble polyamide resin market report: https://www.industryarc.com/reports/request-quote?id=511760
IndustryARC is one of the world’s leading market research and advisory services companies. The company produces more than 500 unique market reports annually. If you need a detailed overview of a specific market, you can contact the IndustryARC team directly. Not only can you purchase your favorite market reports on the site, but you can also get personalized assistance with specific reports.
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Post time: Feb-13-2023