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Asia printing ink market growth has slowed
Time: 2012-04-25 13:06

Global ferroalloy net "2012-4-20: Despite rising raw material costs, decline in exports and the impact of the global financial crisis, but the printing ink industry in the Asia-Pacific region last year, still maintained a strong momentum of growth and achieved approximately 4.5 billion dollars in sales.
        
But should also see the high cost of raw materials a serious impact on the profit margins of around the world ink manufacturers, the Asia-Pacific region is no exception. In addition, the region of the ink exports a significant decrease, while the global economic downturn will also impact the printing of the region.

        
High crude oil prices squeeze profit margins of the ink manufacturers

        
Toyo Ink Mfg. Co., Ltd., the relevant responsible person said: "Asia-Pacific region by the severe impact of the global financial crisis, the entire printing industry in 2008, a dramatic change in the Chinese market by the impact of the economic recession in developed countries, the rapid appreciation of the RMB is also affect the international market demand for printing products in China. In addition, rising raw material costs in the second half of 2007, exacerbated by the turmoil of the situation. At present, India's economic growth rate has started to slow, but the country's printing products market has taken shape, the market demand has also been a certain degree of growth. "

        
The overseas operations of Japanese DIC (DIC) said: "With the growth of the GNP, the Asia-Pacific countries (except Japan and Australia) on the demand for print and ink has also been a certain degree of growth, but their exports amount but a significant decline due to a sharp rise in crude oil prices, the ink manufacturer's profit margins suffered from the unprecedented squeeze. "

        
Printing exports declining

        
The sources said, by a certain influence in the backdrop of the international financial crisis, Japan and Australia in the printing industry. The severe economic recession in developed countries so that the printing exports of many countries in the Asia-Pacific region and a downward trend. Indonesia in last year's growth momentum is very strong, but since 2009, the country's ink sales has always been stagnant.

        
In Asia, the proportion of the printing exports in total output value of the printing industry. Therefore, the rapid economic downturn in developed countries many small and medium-sized printing companies in Asia to the brink of bankruptcy. Even large enterprises have to face the unsaturated difficulties of the production line.

        
For ink manufacturers, India is a market full of opportunities. Sakata India Pannuo (Panoli) built a new factory for the production of offset printing inks and gravure inks; DIC companies in India also plans to build a large-scale offset printing ink factory and a plastic Adhesives manufacturing plant.

        
Environmentally friendly ink is a hot topic

        
Even in the case of economic recession, printing ink manufacturers can still achieve growth in some key areas. From a global perspective, the packaging and printing is still an area of ​​relatively strong growth.

        
Insiders pointed out that the liquid printing ink market in Asia is slightly better than the offset printing ink market. The downward trend has emerged in Japan, offset and liquid inks market.

        
Environmental protection is also a hot topic in the Asia-Pacific region. Asia-Pacific region has strengthened legislation and enforcement of environmental regulations, the market for environmentally friendly ink, such as benzene / ketone inks, gravure inks and VOC-free offset ink will also be in the next few years growth, especially China. Packaging inks and adhesives markets in India will achieve strong growth.

        
Insiders predict that the current international financial crisis will last at least the end of 2009, once the economy end of the recession, China and India, two of the world's most populous country will embark on the road of rapid economic development, while the printing of the Asia-Pacific region The ink market will also usher in a new round of growth peak. However, raw materials, especially high solvent costs increasing and the merger of the printing industry phenomenon will affect the income levels of the industry as a whole. Precisely because of this, the internal integration of the printing ink industry will become more active.

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