Imaging Chemicals Market Analysis by Type and Applications Forecast To 2023

Imaging Chemicals Market 2018 Industry Analysis

by Size, Share, Demand, Major Players and Forecast to 2023

PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Imaging Chemicals Market Imaging Chemicals Market 2018: Industry Analysis by Size, Share, Demand, Major Players and Forecast to 2023

In the market, imaging chemicals are available in the form of various products namely imaging agents & toners, printing inks, image developers, anti-fogging agents, and others. Among these product types, the imaging agents & toners segment is expected to grow significantly due to the high investments in R&D, new product development, and their rising use in medical diagnosis. Some of the imaging agents widely used are tetraxetan & its derivatives for MRI, contrast agents containing iodine for X-ray, fluorescent imaging agents for funduscopy/ ophthalmoscopy, and others. Printing inks remain the second largest contributor owing to the growth of the printing & packaging and textile printing applications. Printing inks are used as binders, carriers, additives, and pigments in these applications, which is likely to propel the market growth. The anti-fogging agents are used in both film and paper developing to prevent fogging or blurring of the image by enhancing the image contrast boundaries, preventing bleed of silver halide crystals during exposure and development.

The application segment of imaging chemicals market includes medical diagnostics, packaging & printing, textile processing, mining, and others. The medical diagnostics application is the dominating the global imaging chemicals owing to the rising geriatric population and increasing cancer-related incidences across the globe. Furthermore, increasing health awareness amongst the consumers coupled with the high spending in health treatment is likely to fuel the demand for imaging chemicals in the medical sector. The technological advancements in packaging and textile processing are one of the factors projected to augment the market growth over the forecast period.

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Imaging Chemicals Market Market Segmentation The global imaging chemicals market is segmented on the basis of product type, application, and region. By product type, the market is segmented into printing inks, anti-fogging agents, imaging agents & toners, and others.

By application, the market is segmented into packaging & printing, textile processing, mining, medical diagnostics, and others.

The medical diagnostics segment accounts for nearly one-third of the total market share due to the growing prevalence of brain disorders and chronic diseases which make extensive use of imaging chemicals for diagnostic purposes.

Globally, the market is segmented by region into North America, Latin America, Europe, Asia Pacific and the Middle East & Africa.

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Imaging Chemicals Market Major Players in this Research: Key Players for Imaging Chemicals Market: • Eastman Kodak Company (U.K), • Vivimed Labs (India), • DIC CORPORATION (Japan), • Flint Group (Luxembourg), • SAKATA INX CORPORATION (Japan), • TOYO INK SC HOLDINGS CO., LTD. (Japan), • Siegwerk Druckfarben AG & Co. KGaA (Germany), • T&K TOKA Corporation (Japan), • Fujifilm (Japan), • Qingdao Scienoc Chemical Co., Ltd (China)

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Imaging Chemicals Market Regional Market Analysis The Asia Pacific dominates the global imaging chemicals market due to the high demand the region displays for imaging chemicals in the healthcare sector. The presence of an increasing geriatric population and an otherwise large ever-increasing population combined with rising disposable incomes have placed high demand for imaging chemicals in diagnostics. Moreover, the booming textile industry present in the APAC region is increasing using imaging chemicals for digital printing purposes which are expected to augment market growth in the region.

North America accounts for the second largest market and is followed by Europe. The consistent use and development of imaging chemicals in these regions and their high demand in the well-establish healthcare sectors in North America and Europe are key in the markets significant size.

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