The imaging chemicals global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Imaging Chemicals Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The imaging chemicals market size has grown strongly in recent years. It will grow from $25.15 billion in 2023 to $26.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to consumer adoption of photography, graphic arts and printing, medical imaging, industrial imaging applications, demand for high-quality prints, film-based cinematography..
The imaging chemicals market size is expected to see strong growth in the next few years. It will grow to $34.63 billion in 2028 at a compound annual growth rate (CAGR) of 6.6%. The growth in the forecast period can be attributed to printed electronics, increased demand for security imaging, demand for sustainable solutions, bio-based and renewable resources, functional imaging materials.. Major trends in the forecast period include digital transformation in imaging, advanced photographic printing technologies, customization for specialized applications, smart imaging materials, collaborations for innovation.
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Scope Of Imaging Chemicals Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Imaging Chemicals Market Overview
Market Drivers –
The increasing prevalence of cancer & brain disorders is driving the growth of the imaging chemicals market. Cancer is any of a large number of diseases characterized by the uncontrollable division of abnormal cells, whereas brain disorders are diseases of the central and peripheral nervous systems. The rising prevalence of cancer and brain disorders is fueling the growth of the imaging chemicals, which offers benefits such as real-time monitoring, determining the stage and precise location of cancer to aid in the direction of surgery and other cancer treatments, and visualizing cellular activity. For instance, in October 2023, according to the EU Science Hub, a Belgium-based website of the European Commission’s Joint Research Centre, new cancer cases increased by 2.3% from 2020 to 2.74 million in 2022. Similarly, cancer mortality increased by 2.4% between 2010 and 2020. In October 2023, according to the World Federation of Neurology, a UK-based association of national neurological societies, brain illnesses are the world’s second-greatest cause of mortality and the main cause of disability. Therefore, the increasing prevalence of cancer & brain disorders is expected to propel the growth of the imaging chemicals market.
Market Trends –
Technological advancement is a key trend gaining popularity in the imaging chemicals market. Major market players are developing advanced technologies to sustain their position in the imaging chemicals market. For instance, in February 2023, Guerbet Group, a France-based pharmaceutical and medical imaging company, launched the Elucirem (gadopiclenol) injection. This latest generation GBCA from Guerbet offers the greatest relaxivity in the category of magnetic resonance imaging (MRI) and is recommended for usage in both adults and kids aged 2 years and older. Elucirem requires half the gadolinium dosage of traditional non-specific GBCAs, alleviating practitioners’ worries about gadolinium exposure. The injection of Elucirem (Gadopiclenol) detects and visualizes lesions with aberrant vascularity in the central nervous system (brain, spine, and related tissues) and throughout the body (head and neck, chest, stomach, pelvis, and musculoskeletal system).
The imaging chemicals market covered in this report 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
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Regional Insights –
Asia-Pacific was the largest region in the imaging chemicals market in 2023. The regions covered in the imaging chemicals market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Key Companies –
Major companies operating in the imaging chemicals market report are Eastman Kodak Company, Agfa-Gevaert NV, Altana AG, BASF SE, Becton Dickinson and Company, Clariant Chemical Company, DIC Corporation, Dow Chemical Company, Flint Group S.A., FUJIFILM Holdings Corporation, Hubergroup Deutschland GmbH, Kao Corporation, Kodak Alaris Inc., Qingdao Scienoc Chemical Co., Sakata Inx Corp., Siegwerk Druckfarben AG & Co. KGaA, T&K TOKA Corporation, Toyo Ink SC Holdings Co. Ltd., Vivimed Labs Limited, Wikoff Color Corporation, Huntsman Corporation, Ashland Global Holdings Inc., Croda International plc, Dymax Corporation, Evonik Industries AG, Hexion Inc., Indorama Ventures Public Company Limited, Ingevity Corporation, Kemira Oyj, Merck Co. & KGaA .
Table of Contents
1. Executive Summary
2. Imaging Chemicals Market Report Structure
3. Imaging Chemicals Market Trends And Strategies
4. Imaging Chemicals Market – Macro Economic Scenario
5. Imaging Chemicals Market Size And Growth
…..
27. Imaging Chemicals Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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