Imaging Chemicals Market Overview:
Imaging chemicals find significant application in photographic imaging technology, a segment that covers several industries like consumer photography, medical industrial x-ray imaging, and litho-plate production that can be used in graphics arts.
The global market for imaging chemicals can find better traction with transforming urban and industrial scenarios and improving financial ambience across the world. The report launched by Market Research Future (MRFR) further studied several factors that can inspire the market growth between 2020 and 2027. This time frame can be considered forecast period for the market.
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The global imaging chemicals market is getting the main thrust from the healthcare sector where the increasing investment for latest technologies and better demand for diagnosis can trigger hike in the intake for the same. Various machines like digital X-ray with wireless DR detectors, portable CT, and fusion imaging CT/PET can inspire a substantial change in the market. The advent of digital printing is also expected to provide traction to the market.
Competitive Analysis:
Major global imaging chemicals market players are Vivimed Labs (India), Eastman Kodak Company (U.K), Flint Group (Luxembourg), DIC CORPORATION (Japan), TOYO INK SC HOLDINGS CO., LTD. (Japan), SAKATA INX CORPORATION (Japan), Fujifilm (Japan), TK TOKA Corporation (Japan), Siegwerk Druckfarben AG Co. KGaA (Germany), and Qingdao Scienoc Chemical Co., Ltd (China). MRFR’s profiling of these companies can be seen as an attempt to assist better market reading in the coming days. This would reveal potential insights that can help in the forming of better strategies.
Increasing sale of the medical imaging devices is expected to create better scope for growth in the coming years for the imaging chemicals market.
Regional Analysis
The demographic study of the Imaging Chemicals Market has focus covering various regions like North America, Asia Pacific, and Europe, with strong potential to influence the market growth. It also covers Latin America and the Middle East Africa.
The Asia Pacific region has the significant market dominance and it was the leading one in 2016. The high intake of imaging chemicals in the medical sector due to better infrastructural facilities to diagnose disease can be a driving factor for the market. Increasing intake of the product in textile and mining industries and better per capita income can also provide scope for growth.
North America’s market scored the second best figures in 2016 and it can grow much further with high intake of imaging chemicals in the industries like medical, packaging, and mining industry. Europe’s growth would also gain better traction with increasing investment, better infrastructural facilities in the region and robust healthcare infrastructure. Latin America’s growth can find traction from highly prospective geology, better cost profile, and alluring mining environment.
The Middle East Africa has growth possibilities with the rising mining activities in Morocco and Saudi Arabia.
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Segmentation
The global market report for imaging chemicals has better market segmentation on the basis of product type and application. The report has better market coverage of various factors and market valuation in terms of both volume and revenue. This can help in the identification of growth pockets.
By product type, the global market report for imaging chemicals can be segmented into printing inks, imaging agents toners, anti-fogging agents, image developers, and others. As imaging agents toners, the market can fetch substantial revenue.
By application, the global study on the imaging chemicals market revealed packaging printing, medical diagnostics, mining, textile processing, and others. The healthcare segment has provisions to let the market grow.
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