Flexo-Ink Market Share, Overview, Trends and COVID-19 Analysis, Forecast to 2023
Market Synopsis Market Research Future (MRFR) proclaims that the global flexo-ink market is likely to demonstrate a CAGR of 5.72% during the forecast period (2015-2023). The rising demand for solvent-based inks in flexible packaging is encouraging the market growth during the appraisal period. Flexo-ink can be defined as a component which is generally produced by the blending of additives, resins, surfactants, pigments, defoamers, adhesion promoters, and silicones, and are usually used for printing on packaging. The inks are available in solvent-based, water-based, and UV-based. The manufacturing process saves time and produces less waste which results in the end-product more cost-effective. Market Potential and Pitfalls Flexo-ink was developed on the basis of conventional letterpress printing. Flexographic printing has evolved a modern-way of printing since then in several applications like flexible film, corrugated, folding cartons and envelope, and, label and tag. Flexo-ink is...