New Global Security Ink Consumption Market 2023 Report Covers market forecast and top Companies like Obducat, EV Group, Canon (Molecular Imprints), Nanonex and others.

Lewes, DE -- (SBWire) -- 01/17/2019 --Global Security Ink market will register a 4.2% CAGR in terms of revenue, reach US$ 800 million by 2023, from US$ 620 million in 2017.

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.

Over the next five years, study projects that Security Ink will register a 4.2% CAGR in terms of revenue, reach US$ 800 million by 2023, from US$ 620 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Security Ink market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:

Segmentation by product type:
Intaglio Inks
Silkscreen Inks
Letterpress Inks
Offset Inks
Others

Segmentation by application:
Banknotes
Official Identity Documents
Tax Banderoles
Security Labels
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
SICPA
Sun Chemical
Microtrace
CTI
Gleitsmann Security Inks
Kao Collins
Cronite
Villiger
Gans
Kodak
Godo
Shojudo
ANY
Mingbo
Pingwei
Letong Ink
Jinpin
Wancheng

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Security Ink consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Security Ink market by identifying its various subsegments.
Focuses on the key global Security Ink manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Security Ink with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Security Ink submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 165 pages "Forecast of Global Security Ink Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Security Ink by Players, Security Ink by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Security Ink Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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