The hottest printing ink market in the Asia Pacifi

2022-10-23
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The rising demand of printing ink market in the Asia Pacific region and the discount of profits (2)

flint, which provides a good opportunity for the latter to easily obtain several major businesses originally owned by sikaba. The high-frequency fatigue testing machine of rotary heat curing ink is basically controlled by Toyo ink after being equipped with corresponding experimental fixtures. Flint is engaged in thermosetting and cold setting ink, while Gao Shi is specialized in cold setting ink. The monopoly of the ink business makes it difficult for those enterprises trying to enter this industry. Although there are many opportunities in the sheet fed and rotary markets, ink suppliers need to meet stringent quality requirements and ensure a considerable market share in order to maintain their business. "

radja said: "Last year, we also saw changes in the sales channel. Hostmann Steinberg moved from CPI to ferag. Ferag invested heavily in building a basic network to support the ink business, including hiring a large number of employees transferred from Toyo. CPI finally found a replacement for hostmann Steinberg. Although CPI has been cooperating with Hartmann and other Japanese products, it has not been very successful. Most sheet fed inks are imported directly by dealers or ink companies."

Radja said, "the trend is to increase the degree of automation. Color matching and prepress color matching have become standard operations. Several fully automatic computer 10/12 color sheet printers have been installed, and many cover devices have also been installed. In the rotary offset market, some thermosetting and cold curing ink printers have been installed before and after the drupa exhibition."

economic growth and the improvement of living standards have driven the printing demand in the Asia Pacific region

tanemura pointed out that the continuous improvement of living standards in Asian countries, especially China and India, which are populous countries, has led to significant growth in the printing industry. He said: "the increase in exports mainly from China has also driven the demand for printing ink."

Radja believes that there are three factors driving the growth of the printing ink Market: strong demand for packaging, growth of printing media, and GDP and economic growth

the population of China and India is 130million and 110million respectively. With the rise of literacy rate, the business volume of print media increases. Radja said, "the literacy rate has shown surprising growth, although there is still a long way to go. Due to the large absolute population, more and more people will use print media, and the number of readers and the volume of print media business are growing rapidly."

Radja pointed out that there are 5600, 15000 weekly newspapers and 20000 periodicals in India, involving 21 languages, with a total circulation of 142million. "There are almost 325 languages used in India, including 18 official languages and 1600 dialects."

Dja said, "GDP growth has created favorable conditions for the printing industry and printing ink industry under the growth of the packaging industry. The fast moving consumer goods industry (FCMG) has increased advertising spending, and the need to expand population coverage has increased newspaper pages."

growth opportunities

for ink manufacturers, there are opportunities in the packaging and publishing industry, especially in China. Recent data show that China's printing industry has maintained an annual growth rate of 10% since 1999. In 2005, the packaging industry is expected to reach $100billion in sales, with a sustained rapid growth of 10%. Reading materials increased, and 2.5 million tons of paper were needed in 2005. The requirement for schools to replace color printing textbooks will drive the demand for ink

Leong said, "in China, the growth of the printing ink industry is driven by the development of packaging and publishing. China's accession to the WTO has continued to increase its foreign trade exports, which has a positive impact on the packaging industry. The growth of the publishing industry is mainly attributed to: s-shrinkage rate; d-mold size; m-plastic size, which is due to the improvement of the general literacy rate of the population and the urbanization of the rural population. The growth rate of China's packaging industry last year was 11% - 12%

tanemura said, "China's economy continued to grow in 2004, and the printing and printing ink market expanded by about 11%. However, due to the rise in crude oil prices and intensified competition, the profits of the printing ink industry decreased significantly in the second half of last year."

Sawada pointed out that China is the fourth largest printing ink manufacturer, behind the United States, Japan and Germany. Sawada said, "the production of printing inks, especially rotary inks including newspaper inks, has increased greatly. Gravure inks, such as flexible packaging inks, are also on the rise." The conventional treatment methods of soil remediation, including corrugated board, include phytoremediation and chemical remediation. Packaging, printing and flexible packaging increased the most

the printing industry in the Asia Pacific region continues to develop. For ink manufacturers, this region is highly targeted and full of great opportunities

environmental protection constraints

although not as strict as European and American countries, the Asia Pacific region is also beginning to face increasingly urgent environmental protection constraints

tanemura said, "the environmental protection regulations for factory emissions have become increasingly stringent in this region, but the standards and VOC Control of printing ink are not so strict, with the exception of Japan and Australia.

global companies such as Nestle and P & g require their printers to comply with their standards, so the demand for benzene free and butanone free inks for packaging and tobacco printing is increasing."

Sawada also said, "in the printing industry, they require environment-friendly inks, such as benzene free and butanone free gravure inks,"

Leong said: "Asia, especially China, has paid more and more attention to environmental issues in the past few years because of the 2008 Beijing Olympic Games. We expect this trend to continue, and more and more customers ask us about environmental friendly inks for use in the publishing, printing and packaging market."

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