Flexographic printing is one of the most significant procedures of traditional printing. Water-based inks are the most widely utilized flexographic printing inks, owing to their lesser VOC content. The flexographic printing inks market is segmented into products, applications and regions.
The market was worth almost USD 6.5 billion in 2013 and is estimated to be about USD 9 billion by 2020. This will happen during the forecast period of 2014 to 2020, at a CAGR of around 5.5 percent. Water based inks were the biggest product sector of the worldwide flexographic printing inks market in 2013.
Packaging was the biggest application sector of this market in the same year. Amongst the four geographical regions this market is divided into, Asia Pacific leaded the worldwide market.