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The global Security Ink market was valued at 60.49 Million USD in 2021 and will grow with a CAGR of 2.97% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Security ink, also called Anti-counterfeit printing ink, is one of the most important parts of anti-counterfeit technology. It is one of the special printing inks after a series of special processing. Security ink is widely used in banknote, official identity documents, postage stamps, tax banderoles, security labels and product markings. Security inks have various functions. Some security inks can show special colors, be invisible or not under specific conditions such as ultraviolet ray irradiation, infrared irradiation, sunlight irradiation, specific temperature and humidity. Security inks can be applied in various printing solutions like intaglio printing, silkscreen printing, letterpress printing and offset printing. The global security ink materials production market was about 1305.1 MT valued at 621.84 Million USD in 2017. Forecasts suggest the production market to grow at a CAGR of 4.76% from 2017 to 2024, driven primarily by Europe, USA and China and Japan. Overall, the security ink products performance is positive with the global economic recovery. Security ink materials are primarily used for banknotes, official identity documents, tax banderoles and security labels fields. With increasing of global population and economy, the demands for downstream keep high growth. With the improvement of people`s security awareness, the product structure has been changed in these years and security ink is expected to continue increasing during the remaining years of the forecast period of 2018-2024. Security ink industry will usher in a stable growth space. In the past few years, the price of security ink has slightly decreased and we expect the price will slightly lower. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of security ink. The gross margin will show decreasing in future.
By Market Verdors:
SICPA
Sun Chemical
Microtrace
CTI
Gleitsmann Security Inks
Kao Collins
Cronite
Villiger
Gans
Kodak
Godo
Shojudo
ANY
Mingbo
Pingwei
Letong Ink
Jinpin
Wancheng
By Types:
Intaglio Inks
Silkscreen Inks
Letterpress Inks
Offset Inks
By Applications:
Banknotes
Official Identity Documents
Tax Banderoles
Security Labels
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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To understand the future outlook and prospects for the market.
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