Wednesday, 28 October 2020

Automotive Adhesive & Sealants Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global automotive adhesives & sealants market is estimated to reach USD 7.01 billion by 2026 growing at a CAGR of 6.9% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Automotive Adhesive & Sealants Market Share, Size, Trends, & Industry Analysis Report, By Resin Type (Epoxy, Acrylics, Polyurethanes, Rubber, Polyvinylchloride, Silicones); By Technology (Hot Melt, Pressure Sensitive); By Vehicle Type; By Sales Channel; By Regions]: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the passenger vehicles segment accounted for the highest market share in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue in 2018.


The increase in the demand for light weight passenger vehicles, and growth in global automotive industry majorly drives the market growth. The increasing need to enhance vehicle performance and reduce noise and vibration of vehicles along with increasing modernization of vehicles supports the market growth. The growing demand for vehicles from emerging economies further increases the application of automotive adhesive. The rising penetration of electric and hybrid vehicles, growing adoption of sustainable adhesives, and introduction of government regulations accelerate the market growth. New emerging markets, increasing adoption of bio-based adhesives, and technological advancements would provide growth opportunities in the Automotive Adhesive & Sealants Industry in the coming years.


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Asia-Pacific generated the highest market share in the global Automotive Adhesive & Sealants Industry during 2018. The growing urbanization, and rising population has accelerated the market growth in the region. The introduction of vehicular regulations and growing penetration of electric and hybrid vehicles increase the adoption of automotive adhesive in the region. The strong growth in the automotive industry, technological advancements, and high investment in R&D are factors expected to drive the market growth in the region.

 

The economic growth in countries such as China, Japan, and India, rising living standards, and growing disposable income further increase the demand of automobiles in Asia-Pacific. Expansion of global players into these countries to tap market potential boosts the growth of the Automotive Adhesive & Sealants Market. Technological advancements and established R&D institutes in China and Japan further supports the market growth.

 

The well-known companies profiled in the report include The DOW Chemical Company, Henkel & Co. KGaA, 3M Company, Solvay S.A., Sika AG, Franklin Adhesives and Polymers, BASF SE, Evonik Industries AG, Illinois Tool Works Corporation, and Bostik S.A. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

 

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Precast Concrete Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global precast concrete market size is anticipated to reach USD 149.1 billion by 2026 growing at a CAGR of 6.6% during the forecast period, according to a new study published by Polaris Market Research. The report ‘Precast Concrete Market Share, Size, Trends, & Industry Analysis Report, By Element (Walls & Barriers, Columns & Beams, Floors & Roofs, Paving Slabs); By Application; By End-User; By Region]: Segment Forecast, 2019 – 2026’ provides an extensive analysis of present market dynamics and predicted future trends. In 2018, the non-residential segment dominated the global precast concrete industry, in terms of revenue. Asia-Pacific is expected to be the leading contributor to the global market revenue during the forecast period.

 

A significant increase in disposable income, and construction & renovation of residential buildings drive the market growth. Increasing population, growing urbanization, and industrialization has increased the demand for precast concrete across the globe. The increasing need to reduce building time and costs, and growing demand for offsite construction supports the market growth. Other driving factors include safer construction sites, improved durability and load capacity offered by precast concrete, and development of public infrastructure. The increasing investments by governments for enhancing public infrastructure, and government premises further support market growth. Increasing demand in developing nations, and growth in global construction industry is expected provide numerous growth opportunities in the global market during the forecast period.

 

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Improvement in lifestyle due to rise in income level, especially in the developing countries of Asia-Pacific, such as India, China, and Japan, fuels the demand for precast concrete. Enhancement of public infrastructure such as parks, museums, and other structures by governments, along with growth in construction in urban areas would support the growth in the coming years.

 

Asia-Pacific generated the highest revenue in the market in 2018, and is expected to lead the global market throughout the forecast period. The growing construction sector and increasing disposable income drives the market growth. The increasing trend of design and aesthetics, along with increasing government investments in development of infrastructure supports the market growth in the region.

 

The well-known companies profiled in the report include Larsen & Toubro Limited, Kiewit Corporation, Bouygues Construction, Taisei Corporation, Julius Berger Nigeria PLC, Boral Limited, Forterra Pipe & Precast, LLC., Olson Precast Company, Gulf Precast Concrete Co. LLC, and Tindall Corporation. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.

 

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Tuesday, 27 October 2020

Hotel Management Software Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2027

The global Hotel Management Software market size is expected to reach USD 32.9 Billion by 2026 according to a new study by Polaris Market Research

 

The hotel management software market is projected to witness a significant growth over the forecast period. Hotel management systems essentially help owners and managers to handle their workload effectively. This frees up enough time for these users which can then be utilized to concentrate on more important parameters such as improving customer experience, chalking out marketing plans, and creativity. These aforementioned factors are critical success factors in the tourism industry. Thus, in an era of high industrial rivalry, hotel management software aid owners to concentrate more on critical success factors.

 

Some of the key features of such management software include scalability, data security, ease of usage, variety of payment platform integration, theft control, centralized system with end to end seamless integration among others.  Such features enable the user to have complete control over the entire value chain and also analyses what works for his business and what does not. The data can also be fed to external activities such as marketing to gain higher business. All these factors are benefitting the market over the next six years.

 

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Customized services provided by key industry participants is a major market trend. Not all properties have the same software requirements and hence companies have to provide them with a solution that best suits the customer needs. Therefore, industry participants work in collaboration with their clients to correctly assess needs and design a solution. This factor has resulted in a wide variety of hotel chains, upscale midscale and economy alike deploying hotel management software.

 

Development of novel software products, plug ins and tools has completely revolutionized the market. Companies provide a set of built in tools that aid in complex operations such as marketing, work force management among others. For example, built in tools for marketing, aid and assist in the segmentation of customer data based on their historical spending to include them in targeted promotions aimed at increasing sales. These built in tools also aid in marketing campaigns by automatically sending push in notifications, SMS alerts, emails, etc. They also provide services such as post campaign analytics to track metrics and to optimize future campaigns. Such initiatives taken by industry participants to provide the best of services and tools is benefitting the overall market growth.

 

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In order to increase sales and gain additional market shares, hotel owners such as those at airports also provide off-premise as well as third party deliveries. Sensing this opportunity, industry participants have developed systems that aid in the streamlining of bookings, Routing of orders immediately to save time, and to providing assistance to delivery team at each step among others. These functions are carried out by the system without compromising the core functions at the basic hotel location. Some of the leading players in the market include Honeywell International, Inc., Winhotel Solution S.L., Buildingiq Inc., Oracle Corporation, Infor, Inc., NEC Corporation, IBM Corporation, Huawei Technologies Co. Ltd, Schneider Electric Se, Johnson Controls, Siemens AG and Honeywell International, Inc.a

 

 

Face Mask Market Size Historical Growth, Analysis, Opportunities and Forecast To 2026

 The global Face Mask market size is expected to reach USD 31.83 billion by 2027 according to a new study by Polaris Market Research. The demand for face mask has witnessed robust growth in the recent past and this trend is expected to continue till 2027. The World Health Organization (WHO) has recommended to use face mask in home as well as in Production of face masks is an extremely complex process and has a lot of dynamics attached to it. In addition, to the masks, several auxiliary items such as ear loops, packaging, metal strips among others also need to be manufactured.

 

With the scale of the huge demand amidst the pandemic, the whole face mask manufacturing and its supply chain are under a lot of pressure. The pre-pandemic production capacities were not enough to meet the meteoric demand rise and hence, in major manufacturing hubs such as China, companies scrambled their operating systems to ramp up their production.

 

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Companies in China are now operating at 110% of their capacity and even this production is not able to meet the global demand. The country has increased its manufacturing capacity by 20 times as compared to February of masks ranging from N-95 to cloth masks. Even factories producing mobile phones, shoes, automotive, diapers, sanitary pads among others have been modified to meet the rising demand of face masks. Such trends have put the supply chain of face masks under tremendous pressure.

 

Government initiatives in helping companies in China to transition into face masks manufacturing hubs and granting subsidies has resulted in a rapid rise in new entrants. Provincial regulators are working in full-time to provide licenses to these new participants. However, adherence to globally accepted standards and quality norms remain a cause of concern.

 

Italy has eased restrictions as of now and is in phase 2 widely termed as living with the virus phase. Wearing of masks has become mandatory due to the regulations prescribed by the government in order to curb the spread of the virus. According to Consumer associations in the country, only 25% of pharmacies had these capped masks for sale.

 

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There were also difficulties in the overall supply chain management of these capped masks as many of the batches that were earmarked for supply to drugstores did not reach their destination. Authorities in the country also took concentrated efforts to boost the production of the masks and announced intentions to set up a consortium of companies. The intention of the Italian government to speed up the overall exit process of lockdown is expected to greatly benefit the demand for face masks in the country.

 

Moreover, the key players involved in the global Face Mask Market include, Moldex, Shanghai Dasheng, Kimberly-Clark, BDS, Gerson, Halyard Healthcare, SAS Safety Corp., Honeywell, Irema, KOWA, 3M, McKesson, MolnlyckeHealth, CM, Sinotextiles, DACH,Te Yin, Hakugen, and Uvex among others are key players in the market.. Product launch, merger & acquisition, and partnerships encompass key players’ strategies to preserve and capture the most important share of the global market.

 

 

Read More :

https://www.medgadget.com/2020/05/face-mask-market-size-worth-7-22-billion-by-2026-cagr-22-14-exclusive-study-by-polaris-market-research.html

https://www.medgadget.com/2020/08/face-mask-market-to-surpass-31-83-billion-by-2027-cagr-24-6-polaris-market-research.html

 

 

Eye Tracking Market Technological Advancement & Growth Analysis with Forecast to 2026

 The global Eye Tracking Market is anticipated to reach over USD 2,142 million by 2026 according to a new research published by Polaris Market Research. In 2017, the healthcare segment dominated the global market, in terms of revenue. North America is expected to be the leading contributor to the global eye tracking market revenue during the forecast period.

 

The increasing demand for a personalized experience on consumer devices has propelled the research for this technology and boosted eye tracking market growth. This technology is integrated with assistive communication devices to offer benefits related to eye trailing. The rising penetration of the eye tracking technology in sectors of aviation, automotive and entertainment has greatly influenced the market growth. The growing use of eye tracking technology in augmented reality and virtual reality applications is expected to accelerate the adoption during the forecast period. However, improved automation in vehicles, advanced artificial intelligence, and smart factories hamper eye tracking market growth. Factors such as development of eye tracking technology for interoperability, development of low-cost eye tracking solutions, growing use in lie detection and gaming applications, and growing demand for contactless biometrics solutions would offer growth opportunities during the forecast period.

 

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North America generated the highest revenue in the market in 2017, and is expected to lead the global market throughout the forecast period. The increase in demand from retail and healthcare sectors drive the market growth. The growing applications of smart sensors and contactless biometric solutions has increased the demand for eye tracking solutions in the region. The growing penetration of mobile devices, and technological advancements further support market growth. The increasing applications in healthcare, and defense sectors in the region further promote market growth. Asia-Pacific is expected to grow at the highest CAGR during the forecast period owing to growing need for assistive communication and other applications in the healthcare sector.

 

The companies operating in the eye tracking market report include EyeTech Digital Systems, Inc., EyeTracking, Inc., LC Technologies, Inc., Mirametrix Inc., Tobii AB, Sensomotoric Instruments GmbH, Seeing Machines Ltd., Ergoneers GmbH, Gazepoint Research Inc., and Smart Eye AB. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.


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Smart Agriculture Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global smart agriculture market is projected to reach USD 20,635 million by 2026 growing at a CAGR of more than 14% from 2019 to 2026, as per a new research report published by Polaris Market Research. The report ‘Smart Agriculture Market, [By Component (Hardware, Software, Services); By Application (Precision Farming, Yield Monitoring, Soil Monitoring, Irrigation System, Fish Farming, Horticulture, Livestock Monitoring, Smart Greenhouse, Others); By Region]: Market Size & Forecast, 2019 – 2026’ offers a wide analysis of different applications in smart farming along with insights related to current and future trends in the market.

 

During the last decade, the agriculture industry has undergone enormous transformation due to ever increasing demand for sustainable practices in farming. Multiple companies are involved in developing sustainable solutions and systems for farming. Also, it is observed that due to benefits of smart agriculture solutions, farmers gain the capability to improve yield via optimizing inputs and well-organized management of their farms. These factors have collectively resulted in rapid deployment of the smart farming solutions in various applications. Consequently, significant growth is anticipated in this market owing to the attractiveness of well suited and smart agriculture solutions over the risks associated with traditional farming methods.

 

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Growth in population, and increasing preference towards automation of farm operations is expected to further support the market growth. The need for automation in faming operations is driven by the capability of improvement in produced crop quality, maximization of crop production, and enhanced productivity. Increased necessity to monitor livestock, along with the need to minimize the use of pesticides and fertilizers further boosts the adoption of smart agriculture. Other factors driving the growth of smart farming market include growth in the global agricultural industry, reducing availability of labour, and high labour costs. However, high initial investment costs associated with adoption of smart agriculture systems might restraing the growth in this market. Demand from emerging economies coupled with technological advancements are factors expected to present numerous opportunities for the growth in smart farming market during the forecast period.

 

North America accounted for the highest revenue share among all regions in the smart farming market during 2018. This is primarily due to high market penetration in U.S. and is further supported by extensive R&D activities by companies and presence of proper regulatory environment in this region. The different components used in precision farming include hardware, software, and services. During 2018, the hardware component segment accounted for the largest share in this market due to popularity and demand of hardware components such as Automation & control systems, sensing devices, LED grow lights, and HVAC systems which are widely used in farms to increase crop yield and improve productivity.

 

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Some of the key players profiled in the smart farming market report include AG Leader Technology, AGCO Corporation, Trimble Inc., Precision Planting, Inc., AgJunction, Inc., Agribotix LLC, Deere & Company, The Climate Corporation, Autonomous Solutions, Inc., Drone Deploy, Raven Industries, CLAAS KGaA mbH, and CNH Industrial. Due to presence of higher amount of small and medium sized companies along with the large enterprises operating in this space, the market is observed to be highly fragmented.

 

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Wearable Sensor Market Technological Advancement & Growth Analysis with Forecast to 2026

 The worldwide Wearable Sensors Market is anticipated to reach around USD 4,281 million by 2026 according to a new research published by Polaris Market Research. In 2017, the consumer segment dominated the global market, in terms of revenue. In 2017, North America accounted for the majority share in the global wearable sensors market.

 

The expanding telecommunication industry, along with increasing demand from the healthcare sector increases the demand for wearable sensors. The increasing use of wearable sensors in consumer electronics and wearables, along with growing health awareness among consumers support the wearable sensors market growth. The rising adoption of MEMS and NEMS technologies, and IoT boosts the adoption of wearable sensors.  Other factors driving the market growth include growing geriatric population, technological advancements, and development of smart technologies. New emerging markets, emerging consumer demographics, and increasing applications would provide growth opportunities for Wearable Sensors market in the coming years.

 

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In 2017, North America accounted for the highest share in the global wearable sensors market. The primary factors driving the wearable sensors market growth in the region include established healthcare sector, rising healthcare costs, growing consumer awareness, and rising health concerns. The increasing demand for consumer electronics, technological advancements, and high investment in R&D further supports market growth in the region. The introduction of favorable government regulations regarding wearable sensors, and rising demand for fitness devices boost the wearable sensors market in North America. The increasing development of smart technologies, and growing adoption of connected devices and IoT further increases the demand of Wearable Sensors in the region.

 

The companies operating in the wearable sensors market include Infineon Technologies AG, Texas Instruments Inc., Broadcom Limited, Asahi Kasei Microdevices Corporation, NXP Semiconductors N.V., Robert Bosch GmbH, Invensense, Inc., TE Connectivity Ltd., Knowles Electronics, LLC, and Panasonic Corporation. These companies launch new products and collaborate with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers.

 

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Specialty Polyamides Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global Specialty Polyamides Market is anticipated to reach USD 3.60 billion by 2026 according to a new study published by Polaris Market Research.

 

Specialty polyamides are among the emerging product categories of the well-established and mature polyamide market. Increasing demand from its end-use industries has resulted in increasing production of these products and it is expected to increase further in the near future. In the near future, more and more specialty polyamide resins based on several polyamides are anticipated to form an integrated part of several individual technological solutions. These are tough, hard and rigid materials that have high impact abrasion and resistance to wear and tear makes it suitable for its application in the manufacturing of construction materials. The major companies in the industry space such as EMS-Chemie AG, BASF SE and DuPont mainly focus on their operational activities in a specific field not only, as before, on large-tonnage customers.

 

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The industry participants’ current operational strategies include their attention towards manufacturing new assortments mainly for the smaller enterprises that are in need for highly specialized products which were previously not accessible to them. These types of companies were normally served by smaller polyamide suppliers. Manufacture and addition of specialty polyamides for specific industrial application are not enough to bring success to the Specialty Polyamides Market. This is due to the fact that high quality products should be accompanies by broad extensive technical support given to the customers by the manufacturers.

  

Engineering plastics is one of the leading application segments of Specialty Polyamides Market. PA66 and PA6 are the most demanded polyamide resins in the present industry scenario. Its major producers of PA6 include DSM Engineering Plastics BV, BASF SE and Lanxess AG. PA66 is manufactured mainly by Solvay, DuPont and BASF SE. Automotive industry has been the major consumers of polymer resins compared to the others, with its yearly demand increasing at a significant rate. Electronics/electrical brunch are anticipated to be a yet another rapidly growing segment for the upcoming period. Application of specialty polyamide films dominates in the consumption pattern of the packaging segment that is used as components of multilayer packaging materials.

 

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Asia Pacific region has the highest number of polyamide producers mainly in China. In the past 25 years, manufacturer number has grown exponentially, which is due to the growth of the country’s manufacturing industry from where the demand for these products comes from. Europe Specialty Polyamides Market is yet another potential industry space for future expansion.

 

Some of the leading industry participants in the Specialty Polyamides Market include Asahi Kasei Corporation, Ascend Performance Materials LLC, Arkema S.A., DuPont, BASF SE, Formosa Chemicals & Fibre (FCFC), Honeywell International Inc., Grupa Azoty SA, Huntsman Corporation, Invista, Honeywell International Inc., Koch Industries Inc., LANXESS AG, Lealea Group, Li Heng Chemical Fibre Technologies Limited, Nylstar SA, Radici Group, Li Peng Enterprise Co. Ltd., Rhodia SA Royal DSM NV, Shenma Industrial Co. Ltd, Solvay SA, and Ube Industries Ltd.

 

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Printing Inks Market Overview, Industry Top Manufactures, Size, Growth rate 2020-2026

 The global Printing Inks Market is anticipated to reach USD 27.8 billion by 2026 according to a new study published by Polaris Market Research.

 

The printing inks market is considered as an impulsive sector due to frequently altering consumer demands. Industry participants countenance several disruptive forces and operational challenges from time to time; however, product demand has been increasing yearly despite of such instances and the overall feedback of the companies towards the market is optimistic. Nonetheless, printing inks in the present industry scenario has to confront significant challenges to take full advantage of the new-fangled opportunities rising through the integration of print and digital ink media. More commercialization of printing inks stands at the cross roads of a major structural and transitional change.

 

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But for the conventional ink manufacturers eager to expand their market penetration there has never been a better time to be in printed communications. Most of the traditional printing ink providers have extended their product catalogs to meet the digital and more enhanced product formulations. The current industry participants can be categorized into three distinct categories including the first or leading twenty percent that are has been successful in achieving profitable growth and are constantly diversifying their product portfolio satisfying the customer needs to boost the global printing inks markets.

  

Next is the middle sixty percent of the companies that are experiencing a stagnant growth with profit margins becoming constantly squeezed and the bottom twenty percent that have been witnessing significant declines in sales margins. The market/end-use demand clearly indicates that for the middle sixty percent category companies have siganificant opportunities for development of new products and penetrate into novel markets. The global printing ink maket economic picture has slightly improved for most of the manufacturers with bad debts, access to bank lending and credits, all showing small improvements however the debtor time span and lending cost still continue to have a negative impact on most of the industry participants.

 

Increasing automation has led to greater efficiencies of product or printing ink formulations. Increasing utilization of printing inks globally in almost every application of these products has been the major driving force the printing ink market. Digital inks are expected to be the fastest growing product over the forecast period, fueled by the advancements in digital technology such as print speed and quality that has opened up new applications segments for digital inks.

 

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Asia Pacific was the largest regional market in 2017 and it is expected to emerge as the fastest growing regional industry. The region is anticipated to account for the maximum share of the overall worldwide market in terms of consumption. The robust increase in product demand from the Chinese economy and the emerging markets of the region including India, Vietnam, Thailand, and Indonesia are the major trends.

 

Some of the leading industry participants in the printing ink market include DSM, Diana Group SA, Wild Flavors GmbH, DuPont, Archer Daniels Midland, Ashland Inc., Agropur Cooperative, Kerry Group, Associated British Foods Plc, Ingredion, KF Specialty Ingredients, Eli Fried Inc., Frutarom and Naturex.

  • Printing Ink Market Size and Forecast by Process Type, 2018-2026
    • Flexographic
    • Gravure
    • Lithographic
    • Digital
    • Others
  • Printing Ink Market Size and Forecast by Resin Type, 2018-2026
    • Hydrocarbon
    • Acrylics
    • Modified Rosin
    • Polyamide
    • Modified Cellulose
    • Polyurethane
    • Others
  • Printing Ink Market Size and Forecast by Application Type, 2018-2026
    • Flexible Packaging
    • Corrugated Cardboards
    • Tags & Labels
    • Folding Cartons
    • Others
  • Printing Ink Market Size and Forecast by Regions
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • UK
      • France
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

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