Market Overview:
The global thermal transfer ribbon additives market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for thermal transfer ribbons in various applications, such as film and plastics, paint, printing, paper, engineering board, textiles and leathers, ink cartridges and ceramics. In terms of type, the carnauba wax-based segment is projected to lead the global thermal transfer ribbon additives market during the forecast period. This can be attributed to its properties such as high gloss finish and resistance against UV radiation.
Product Definition:
Thermal transfer ribbon additives are used to improve the printing quality of thermal transfer ribbons. They help to maintain the ink's integrity and prevent it from clumping or drying out, which can lead to poor print quality.
Carnauba Wax Based:
Carnauba wax is a natural wax produced in the leaves of the carnauba palm tree. It has high demand in various applications such as food coatings, printing inks, cosmetics and pharmaceuticals. The growing application scope of this product is expected to drive its consumption over the forecast period.
The production process of carnauba wax involves steam distillation from Brazilian palm oil which results into a mixture of fatty acids esters.
Paraffin Wax Based:
Paraffin wax is a type of petroleum by-product and is also known as microcrystalline wax. It has semi-solid properties and usually sold in pellet form for manufacturing various products such as crayons, candles, modeling clay, etc. Paraffin waxes are used in the coating process of thermal transfer ribbons owing to its low melting point property which makes it easier to be applied on the ribbon.
Application Insights:
The global thermal transfer ribbon additives market has been segmented on the basis of application into film and plastics, paint, printing, paper, engineering boards, textiles and leather ink ceramic ware ink textile printing inks ceramics other applications.
Film and plastics emerged as the largest application segment with a share of over 30% in 2017. The product is widely used to laminate various substrates such as polyester films for food packaging to PVC sheets for lamination of roofing membranes on buildings. It is also used extensively in medical pouches where heat resistance properties are required along with high strength-to-weight ratio pouch walls that do not tear easily during handling or installation procedures.
Regional Analysis:
Asia Pacific regional market is anticipated to witness significant growth over the forecast period. The presence of a large number of industry participants in countries, such as China and India, has resulted in high product availability across this region. In addition, increasing demand for thermal transfer ribbons with enhanced performance characteristics from end-use industries is expected to drive the overall market growth during the forecast period.
The Asia Pacific regional market accounted for approximately 35% revenue share in 2017 owing to growing industrialization coupled with rising investments by key players on expanding their business operations within this region. The Latin American regional market also held a considerable share due to rapid industrialization and urbanization that have led to an increase in consumer spending on printing products coupled with technological advancements across various application segments including packaging and labeling technologies are expected fuel further industry expansion over the next eight years (2018 - 2030).
Growth Factors:
- Increasing demand for thermal transfer ribbon additives in the packaging and labeling industry to improve the quality of products.
- Rising demand from end-use industries such as automotive, electronics, and medical devices due to the benefits offered by thermal transfer ribbon additives.
- Growing popularity of 3D printing technology that requires high-quality thermal transfer ribbons for printing products with intricate designs and patterns.
- Technological advancements in the field of thermal transfer printers that are resulting in better quality prints with less smudging and fading over time.
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermal Transfer Ribbon Additives Market Research Report
By Type
Carnauba Wax Based, Paraffin Wax Based, Others
By Application
Film And Plastics, Paint, Printing, Paper, Engineering Board, Textiles And Leather, Ink, Ceramics, Others
By Companies
Chukyo Yushi, BYK
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Thermal Transfer Ribbon Additives Market Report Segments:
The global Thermal Transfer Ribbon Additives market is segmented on the basis of:
Types
Carnauba Wax Based, Paraffin Wax Based, Others
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
Film And Plastics, Paint, Printing, Paper, Engineering Board, Textiles And Leather, Ink, Ceramics, Others
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:
- Chukyo Yushi
- BYK
Highlights of The Thermal Transfer Ribbon Additives 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:
- Carnauba Wax Based
- Paraffin Wax Based
- Others
- By Application:
- Film And Plastics
- Paint
- Printing
- Paper
- Engineering Board
- Textiles And Leather
- Ink
- Ceramics
- Others
- 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 Thermal Transfer Ribbon Additives 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer 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?
Thermal transfer ribbon additives are a type of additive that is used to improve the thermal conductivity of a material. This can be useful in situations where heat is transferred between two different materials, such as when an electronic component needs to be cooled quickly.
Some of the key players operating in the thermal transfer ribbon additives market are Chukyo Yushi, BYK.
The thermal transfer ribbon additives market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Thermal Transfer Ribbon Additives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Thermal Transfer Ribbon Additives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Thermal Transfer Ribbon Additives Market - Supply Chain
4.5. Global Thermal Transfer Ribbon Additives Market Forecast
4.5.1. Thermal Transfer Ribbon Additives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Thermal Transfer Ribbon Additives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Thermal Transfer Ribbon Additives Market Absolute $ Opportunity
5. Global Thermal Transfer Ribbon Additives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
5.3.1. Carnauba Wax Based
5.3.2. Paraffin Wax Based
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Thermal Transfer Ribbon Additives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
6.3.1. Film And Plastics
6.3.2. Paint
6.3.3. Printing
6.3.4. Paper
6.3.5. Engineering Board
6.3.6. Textiles And Leather
6.3.7. Ink
6.3.8. Ceramics
6.3.9. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Thermal Transfer Ribbon Additives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Thermal Transfer Ribbon Additives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Thermal Transfer Ribbon Additives Demand Share Forecast, 2019-2026
9. North America Thermal Transfer Ribbon Additives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
9.4.1. Film And Plastics
9.4.2. Paint
9.4.3. Printing
9.4.4. Paper
9.4.5. Engineering Board
9.4.6. Textiles And Leather
9.4.7. Ink
9.4.8. Ceramics
9.4.9. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
9.7.1. Carnauba Wax Based
9.7.2. Paraffin Wax Based
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Thermal Transfer Ribbon Additives Demand Share Forecast, 2019-2026
10. Latin America Thermal Transfer Ribbon Additives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
10.4.1. Film And Plastics
10.4.2. Paint
10.4.3. Printing
10.4.4. Paper
10.4.5. Engineering Board
10.4.6. Textiles And Leather
10.4.7. Ink
10.4.8. Ceramics
10.4.9. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
10.7.1. Carnauba Wax Based
10.7.2. Paraffin Wax Based
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Thermal Transfer Ribbon Additives Demand Share Forecast, 2019-2026
11. Europe Thermal Transfer Ribbon Additives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
11.4.1. Film And Plastics
11.4.2. Paint
11.4.3. Printing
11.4.4. Paper
11.4.5. Engineering Board
11.4.6. Textiles And Leather
11.4.7. Ink
11.4.8. Ceramics
11.4.9. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Aplication
11.7. Europe Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
11.7.1. Carnauba Wax Based
11.7.2. Paraffin Wax Based
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Thermal Transfer Ribbon Additives Demand Share, 2019-2026
12. Asia Pacific Thermal Transfer Ribbon Additives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
12.4.1. Film And Plastics
12.4.2. Paint
12.4.3. Printing
12.4.4. Paper
12.4.5. Engineering Board
12.4.6. Textiles And Leather
12.4.7. Ink
12.4.8. Ceramics
12.4.9. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
12.7.1. Carnauba Wax Based
12.7.2. Paraffin Wax Based
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Thermal Transfer Ribbon Additives Demand Share, 2019-2026
13. Middle East & Africa Thermal Transfer Ribbon Additives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Thermal Transfer Ribbon Additives Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Application
13.4.1. Film And Plastics
13.4.2. Paint
13.4.3. Printing
13.4.4. Paper
13.4.5. Engineering Board
13.4.6. Textiles And Leather
13.4.7. Ink
13.4.8. Ceramics
13.4.9. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Thermal Transfer Ribbon Additives Market Size and Volume Forecast by Type
13.7.1. Carnauba Wax Based
13.7.2. Paraffin Wax Based
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Thermal Transfer Ribbon Additives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Thermal Transfer Ribbon Additives Market: Market Share Analysis
14.2. Thermal Transfer Ribbon Additives Distributors and Customers
14.3. Thermal Transfer Ribbon Additives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Chukyo Yushi
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BYK
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
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