Global Digital Inks Market to Exceed $1 Billion by 2015
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Heightened environmental awareness has spurred the demand for UV inks, especially in offset and flexo printing. Digital printing, flexo and lithographic printing are expected to witness maximum growth.
The global printing inks market was significantly affected by the worldwide economic recession. A large percentage of the ink manufacturers witnessed a considerable drop in sales in the year 2009. With particular reference to the worldwide digital ink market, despite the slowdown in the macro economy, manufacturers of digital technologies continue to enjoy fruitful returns, mainly due to the emergence of new application areas. However, the activity of machine placements has taken a backseat in the market, owing to the recession.
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