Global Ink Additives Market To Grow At 5 Percent Rate The global ink additives market is expected to reach $785.3 million by 2021, growing at a Com- pound Annual Growth Rate of almost 5 percent, ac- cording to a new report fromTechnavio. The research report, titled Global Ink Additives
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Market 2017-2021 , provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market seg- ments and all geographical regions. The global ink additives market is expected to grow over the forecast period due to the increasing de- mand from various end-use industries such as packag- ing and printing. Based on the production process, the flexographic process had the largest share of 41.5 percent of total market share in 2016. The increased per capita income from APAC countries such as India, China, and Thailand is expected to increase the use of ink additives in packaging and printing applications. Flexographic inks, according to the report, are mainly used for printing on flexible packaging, corru- gated board cartons, shrink sleeves, flexible sleeves, bags and sacks, labels, molds, wrap arounds, en- velopes, sanitary ware and kitchenware, folding car- tons, and newspapers. Green Bay Packaging Expands With Atlanta Facility Green Bay Packaging’s Coated Products Operations has opened a new slitting and distribution facility in Lithia Springs, Georgia, for its pressure sensitive label stock.This new location is said to offer the benefit of a one-day lead time for the company’s customers in the Southeastern United States. The facility is stocking a range of Green Bay’s most popular label materials.
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Flexo Market News June 26, 2017 7
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