Market Overview:
The Global Radio Opaque Inks Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for radio opaque inks in x-ray and CT applications. Additionally, the growing demand for radio opaque inks from emerging economies is also contributing to the market growth. However, volatility in prices of raw materials may restrain the market growth during the forecast period. Based on type, epoxy type is expected to hold a major share of the global radio opaque inks market during 2018-2030 owing to its properties such as chemical resistance and high temperature stability. Based on application, x-ray application segment is projected to lead the global radio opaque inks market during 2018-2030 due its ability detect minute details and improve image quality as compared other applications segments such as CT and others).
Product Definition:
A type of ink that blocks the transmission of radio waves. This is important for security purposes, as it can prevent people from remotely accessing information stored on a document or device.
Epoxy Type:
Epoxy type is a thermosetting polymer, which contains an epoxide group. Epoxies are widely used in the production of plastics and composites owing to their high heat resistance, rigidity and excellent mechanical properties. The most important application of epoxy resins includes the production of unsaturated polyester resin (UPR), which is further utilized for manufacturing fiberglass reinforced plastic (FRP) products such as FRP pipes & fittings and FRP cables among others.
Thermoplastic Type:
Thermoplastic type is a new term in the industry and it has been used for the first time in 2017 by The Dow Chemical Company. It is expected to be widely used by other companies as well since it covers a wide range of products that are being produced using various technologies. Thermoplastic means heat-resistant and can be re-melted or recycled after use.
Application Insights:
The other application segment dominated the global radio opaque inks market, accounting for over 45% of the overall revenue share in 2017. The growth can be attributed to an increase in demand from several industries including automotive and construction. Radio opaque inkjet printers are used for printing on a wide range of substrates such as plastics, glass, metals and papers among others.
X-ray is expected to be one of the fastest growing applications owing to its increasing use across several end-use industries including healthcare and defense among others. In addition, factors such as rising demand for x-ray security films that prevent illegal immigration at land borders are expected to boost industry growth further during the forecast period.
Regional Analysis:
North America dominated the global radio opaque inks market with a revenue share of over 35% in 2017. This is attributed to the presence of major players such as 3M and Avery Denison, coupled with high adoption rate for advanced technologies across various medical imaging devices. The U.S.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to increasing government initiatives pertaining health awareness campaigns, coupled with rising incidences of cancer among people especially women due to lack of physical activity and unhealthy dietary habits. These factors have resulted into an increased demand for radiography systems which will drive market growth over next eight years or so. Moreover, growing penetration rates by key industry players such as GE Healthcare; Siemens Healthineers; Koninklijke Philips Nederland BV; Toshiba Medical Systems Europe S.A.
Growth Factors:
- Increasing demand for Radio Opaque Inks in medical and healthcare applications due to its properties such as non-toxicity, biocompatibility and radiopacity.
- Rising demand for Radio Opaque Inks from the printing industry for security printing applications such as banknotes, passports, and other government documents.
- Growing use of Radio Opaque Inks in manufacturing industries for product identification purposes.
- Increasing popularity of digital printing technology that requires the use of Radio Opaque Inks for accurate color reproduction.
Scope Of The Report
Report Attributes
Report Details
Report Title
Radio Opaque Inks Market Research Report
By Type
Epoxy Type, Thermoplastic Type, Silicone Type
By Application
X-Ray, CT, Other
By Companies
Kayaku Advanced Materials, Creative Materials, CI Medical, Kayaku Advanced Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Radio Opaque Inks Market Report Segments:
The global Radio Opaque Inks market is segmented on the basis of:
Types
Epoxy Type, Thermoplastic Type, Silicone Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
X-Ray, CT, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kayaku Advanced Materials
- Creative Materials
- CI Medical
- Kayaku Advanced Materials
Highlights of The Radio Opaque Inks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Epoxy Type
- Thermoplastic Type
- Silicone Type
- By Application:
- X-Ray
- CT
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Radio Opaque Inks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Radio opaque inks are a type of ink that is used to create images on paper. They are made up of tiny particles that scatter light, making the image appear opaque.
Some of the major companies in the radio opaque inks market are Kayaku Advanced Materials, Creative Materials, CI Medical, Kayaku Advanced Materials.
The radio opaque inks market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Radio Opaque Inks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Radio Opaque Inks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Radio Opaque Inks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Radio Opaque Inks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Radio Opaque Inks Market Size & Forecast, 2018-2028
4.5.1 Radio Opaque Inks Market Size and Y-o-Y Growth
4.5.2 Radio Opaque Inks Market Absolute $ Opportunity
Chapter 5 Global Radio Opaque Inks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Radio Opaque Inks Market Size Forecast by Type
5.2.1 Epoxy Type
5.2.2 Thermoplastic Type
5.2.3 Silicone Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Radio Opaque Inks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Radio Opaque Inks Market Size Forecast by Applications
6.2.1 X-Ray
6.2.2 CT
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Radio Opaque Inks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Radio Opaque Inks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Radio Opaque Inks Analysis and Forecast
9.1 Introduction
9.2 North America Radio Opaque Inks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Radio Opaque Inks Market Size Forecast by Type
9.6.1 Epoxy Type
9.6.2 Thermoplastic Type
9.6.3 Silicone Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Radio Opaque Inks Market Size Forecast by Applications
9.10.1 X-Ray
9.10.2 CT
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Radio Opaque Inks Analysis and Forecast
10.1 Introduction
10.2 Europe Radio Opaque Inks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Radio Opaque Inks Market Size Forecast by Type
10.6.1 Epoxy Type
10.6.2 Thermoplastic Type
10.6.3 Silicone Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Radio Opaque Inks Market Size Forecast by Applications
10.10.1 X-Ray
10.10.2 CT
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Radio Opaque Inks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Radio Opaque Inks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Radio Opaque Inks Market Size Forecast by Type
11.6.1 Epoxy Type
11.6.2 Thermoplastic Type
11.6.3 Silicone Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Radio Opaque Inks Market Size Forecast by Applications
11.10.1 X-Ray
11.10.2 CT
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Radio Opaque Inks Analysis and Forecast
12.1 Introduction
12.2 Latin America Radio Opaque Inks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Radio Opaque Inks Market Size Forecast by Type
12.6.1 Epoxy Type
12.6.2 Thermoplastic Type
12.6.3 Silicone Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Radio Opaque Inks Market Size Forecast by Applications
12.10.1 X-Ray
12.10.2 CT
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Radio Opaque Inks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Radio Opaque Inks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Radio Opaque Inks Market Size Forecast by Type
13.6.1 Epoxy Type
13.6.2 Thermoplastic Type
13.6.3 Silicone Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Radio Opaque Inks Market Size Forecast by Applications
13.10.1 X-Ray
13.10.2 CT
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Radio Opaque Inks Market: Competitive Dashboard
14.2 Global Radio Opaque Inks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kayaku Advanced Materials
14.3.2 Creative Materials
14.3.3 CI Medical
14.3.4 Kayaku Advanced Materials
