Global Imaging Chemicals Market to Reach US$ 15.1 Billion by 2032, Stimulated by Rising Use of Digital Printing Technology

June 29, 2023 | Chemical & Materials

According to the latest report by IMARC Group, titled “Imaging Chemicals Market Report by Product Type (Imaging Agents and Toners, Printing Inks, Image Developers, and Others), Application (Medical, Packaging and Printing, Textile, Mining, and Others), and Region 2024-2032,” the global imaging chemicals market size reached US$ 10.0 Billion in 2023. Imaging chemicals, also known as photographic chemicals, are used in the production of images. They include imaging agents, toners, developers, and printing inks that help process and produce visual representations during medical imaging, such as X-ray, ultrasound, computed tomography (CT) scans, and magnetic resonance imaging (MRI). They help understand biological systems by enabling the identification of the fundamental atomic, molecular, and biochemical composition of tissue. Besides this, as they assist in achieving greater efficiencies by delivering clarity to the results, the demand for imaging chemicals is expanding in various industries across the globe.

Global Imaging Chemicals Market Trends:

The shifting consumer preferences towards digital printing technology on account of its high quality, optimized and faster turnaround time, and lower printing cost represents one of the key factors driving the market. Additionally, the increasing prevalence of chronic diseases and the rising need for medical imaging processes are catalyzing the demand for these chemicals to achieve reliable results. Apart from this, the growth in the printing and packaging industry is creating a positive market outlook. Imaging chemicals are used in processes, such as offset printing, flexography, and screen printing. Furthermore, the burgeoning e-commerce, retail, and consumer goods sectors is positively influencing the market. Moreover, various leading imaging chemical manufacturers are focusing on innovation and product development to expand their consumer base and market reach. They are also investing in research and development (R&D) activities to improve the performance, efficiency, and environmental sustainability of their products, which include developing chemicals with reduced environmental impact, safer formulations, and improved image quality. Additionally, the growing emphasis on reducing the use of hazardous chemicals and adopting environment friendly alternatives is propelling the market growth. Looking forward, the market value is projected to reach US$ 15.1 Billion by 2032, expanding at a CAGR of 4.62% during 2024-2032.

Market Summary:

Based on the product type, the market has been segmented into imaging agents and toners, printing inks, image developers, and others. At present, imaging agents and toners represent the largest market segment.
On the basis of the application, the market has been segregated into medical, packaging and printing, textile, mining, and others. Medical currently accounts for the largest market share.
Region-wise, the market has been divided into North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. Amongst these, Asia Pacific enjoys the leading position in the market.
The competitive landscape of the market has also been examined, with some of the key players being Agfa-Gevaert N.V., Altana AG, Becton Dickinson and Company, DIC Corporation, Eastman Kodak Company, Flint Group, FUJIFILM Holdings Corporation, Kao Corporation, T&K TOKA Corporation, Toray Fine Chemicals Co. Ltd., Toyo Ink SC Holdings Co. Ltd., and Vivimed Labs Limited.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion
Segment Coverage	Product Type, Application, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Agfa-Gevaert N.V., Altana AG, Becton Dickinson and Company, DIC Corporation, Eastman Kodak Company, Flint Group, FUJIFILM Holdings Corporation, Kao Corporation, T&K TOKA Corporation, Toray Fine Chemicals Co. Ltd., Toyo Ink SC Holdings Co. Ltd. and Vivimed Labs Limited.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Group
134 N 4th St.
Brooklyn, NY 11249, USA
Email: Sales@imarcgroup.com
Americas:- +1 631 791 1145 | Africa and Europe :- +44-753-713-2163 | Asia: +91-120-433-0800

Need more help?

Speak to our experienced analysts for insights on the current market scenarios.
Include additional segments and countries to customize the report as per your requirement.
Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
For further assistance, please connect with our analysts.

Global Imaging Chemicals Market to Reach US$ 15.1 Billion by 2032, Stimulated by Rising Use of Digital Printing Technology

Purchase options

Single User License $3450
Five User License $4450
Corporate User License $5450

Inquire Before Buying

Benefits of Customization

Personalize this research

Triangulate with your data

Get data as per your format and definition

Gain a deeper dive into a specific application, geography, customer, or competitor

Any level of personalization

Speak to an Analyst

Request Brochure

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.