A thorough analysis of the Direct Thermal Inks & Coating market by FMI offers fascinating insights into the major factors, such as drivers and opportunities, that are promoting the industry’s expansion. It reveals issues that pose dangers and emphasizes opportunities for progress in the short term.
Direct thermal printing, a technique that uses chemically coated paper or thermal medium to produce images, relies heavily on direct thermal inks and coatings. The paper’s thermal coating has colorless microcapsules inside of it that react to heat to produce visible images or text. With this method, you won’t need the ribbons, toners, or inks that are generally used with conventional printing processes.
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Market trends for direct thermal inks and coatings
The market for direct thermal inks and coatings is still expanding significantly, driven by a number of important trends:
1. Growing Interest in On-Demand Printing
On-demand printing has become a vital necessity as organizations strive for increased flexibility and efficiency. With no need for pre-printed labels, direct thermal printing technology has the advantage of instant printing, which lowers inventory costs and allows for customisation.
2. Expanding E-commerce Sector
The e-commerce industry’s explosive growth has fueled a surge in demand for direct thermal printing services. Effective labeling and tracking systems are crucial given the increase in shipments and packages. The equipment required to successfully satisfy these needs is offered by direct thermal inks and coatings.
3. Emphasize Ecologically Sound Solutions
Industries are increasingly looking for eco-friendly printing solutions as environmental issues gain prominence. Due to its alignment with sustainability objectives and lack of additional consumables like ribbons or toners, direct thermal printing is a desirable option for companies dedicated to lowering their carbon footprint.
Key Direct Thermal Inks & Coating Market Takeaways and Projections
- The U.S. is expected to lead the North America Direct Thermal Inks & Coating market, projecting the fastest growth in the region between 2022-2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
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Report Benefits & Key Questions Answered
- Direct Thermal Inks & Coating Historical Market Analysis: The detailed survey by FMI, examines key factors in the Direct Thermal Inks & Coating market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Direct Thermal Inks & Coating market for the forecast period 2022-2032.
- Direct Thermal Inks & Coating Category & Segment Level Analysis: The category & segment level analysis conducted by FMI studies the market in terms of segments. It studies the vital dynamics across each segment and also highlights their growth prospects in the coming ten years.
- Direct Thermal Inks & Coating Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Direct Thermal Inks & Coating for the assessment period. As per the study, the demand for Direct Thermal Inks & Coating will grow at a robust CAGR between 2022-2032.
- Direct Thermal Inks & Coating Company & Brand Share Analysis: A recent study by FMI highlights a comprehensive list of leading market players and stakeholders in the global Direct Thermal Inks & Coating market. It examines the business execution, cost structure analysis, and supply chain analysis, of Tier 1, Tier 2, and Tier 3 players for the forthcoming decade.
- Direct Thermal Inks & Coating Market Trend Analysis: The latest study by FMI on the Direct Thermal Inks & Coating market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
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Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Direct Thermal Inks & Coating market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
It also provides a list of leading players and recent development in the global Direct Thermal Inks & Coating market. Some of the players in the global direct thermal inks & coating market are Flint Group, Siegwerk Druckfarben AG & Co. KGaA, ALTANA Coatings, Interactive Inks & Coatings, and Sun Chemical Corporation.
Direct Thermal Inks & Coating Market: Market Segmentation
The global Direct Thermal Inks & Coating market can be segmented by the material type, by product type, and by application.
Direct Thermal Inks & Coating market is segmented as follows-
Direct Thermal Inks & Coating market segmentation by Ink Type–
- Water-based Inks
- UV-Curable Inks
Direct Thermal Inks & Coating market segmentation by End Use –
- Consumer Goods
- Shipping & Logistics
- Industrial Goods
- Automobile
- Food & Beverages
- Electrical & Electronics
- Others
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About Future Market Insights, Inc.
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