The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Imaging Chemicals Global Market Report 2023, The global imaging chemicals market is expected to grow from $23.78 billion in 2022 to $25.30 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The global imaging chemicals market size is expected to grow to $31.80 billion in 2027 at a CAGR of 5.9%.

Asia-Pacific held the largest imaging chemicals market share.

Imaging Chemicals Market Driver
The rising prevalence of cancer and brain illnesses is propelling the imaging chemicals industry forward. Cancer refers to any of a wide range of diseases characterised by unregulated cell division, whereas brain disorders are diseases of the central and peripheral neurological systems. The rising prevalence of cancer and brain disorders is fueling the growth of imaging chemicals, which provide benefits such as real-time monitoring, determining the stage and precise location of cancer to help guide surgery and other cancer treatments, and visualising cellular activity. For example, the United States National Library of Medicine, a medical library situated in the United States, estimates that in 2020, the United States would have 1,806,590 new cancer cases and 606,520 cancer deaths, with an anticipated 25,050 individuals diagnosed with primary malignant tumours of the brain and spinal cord. The probability of acquiring this form of tumour in a person’s lifetime is less than 1%. Brain tumours account for around 85% to 90% of all primary central nervous system tumours. An estimated 308,102 people worldwide will be diagnosed with a primary brain or spinal cord tumour in 2020. As a result, the rising prevalence of cancer and brain illnesses is predicted to boost the imaging chemicals market forward.

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Key Imaging Chemicals Market Segments
The global imaging chemicals market is segmented –
1) By Product Type: Imaging Agents and Toners, Printing Inks, Image Developers
2) By Application: Medical Diagnostics, Packaging and Printing, Textile Processing, Mining, Other Applications

Imaging Chemicals Market Prominent Players
Major players in the imaging chemicals market are Eastman Kodak Company, Vivimed Labs Limited, DIC Corporation, Flint Group S.A., SAKATA INX CORPORATION, Toyo Ink SC Holdings Co Ltd., Siegwerk Druckfarben AG & Co. KGaA, T&K TOKA Corporation, FUJIFILM Holdings Corporation, Hubergroup Deutschland, Qingdao Scienoc Chemical Co., BASF SE, Dow Chemical Company, Kao Corporation, Becton Dickinson and Company, Clariant Chemical Company, Agfa-Gevaert NV, Altana AG, Wikoff Color Corporation, and Kodak Alaris Inc.

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Prominent Imaging Chemicals Market Trend
Technological advancement is a major trend that is gaining traction in the imaging chemicals market. To maintain their position in the imaging chemicals industry, major market players are creating sophisticated technologies. For example, International Coatings Company, a US-based manufacturer of vinyl and urethane plastics, specialty coatings and adhesives, will offer a new ink for hybrid digital print applications in July 2020. The new ink comes in three parts: HDB Optimum Clear, HDB Synthesis Receiver Base (parts A and B), and a HDB priming coat for cotton or difficult-to-print synthetics. Digital garment ink can be printed more swiftly and with better resolution, colour, and washability with the use of the HDB digital system. Because digital ink is formed wet-on-wet on the HDB under the base, the HDB Digital System does not require flashing. It enables vivid, smooth, and long-lasting digital printing on light and dark materials alike.

The Imaging Chemicals Global Market Report 2023  provides comprehensive insights on the imaging chemicals market size, trends and drivers, opportunities, strategies, and competitor analysis. The countries covered in the imaging chemicals market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Chemicals Global Market Report 2023
3D Diagnostic Imaging Services Global Market Report 2023
Diagnostic Imaging Equipment Global Market Report 2023

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