1 / 4

Doctor Blade Market Size Worth $192.90 Million By 2024

The global doctor blade market size is predicted to be USD 192.9 million by 2024, growing at 2.3% CAGR, as reported by Million Insights in its new report. Increasing use of the doctor blade in rotogravure, offset printing and flexography is driving its demand.

MarketInsights123
Download Presentation

Doctor Blade Market Size Worth $192.90 Million By 2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Doctor Blade Market Size Worth $192.90 Million By 2024 “The global doctor blade market size is predicted to be USD 192.9 million by 2024, growing at 2.3% CAGR. Increasing use of the doctor blade in rotogravure, offset printing and flexography is driving its demand.” The global doctor blade market size is predicted to be USD 192.9 million by 2024, growing at 2.3% CAGR, as reported by Million Insights in its new report. Increasing use of the doctor blade in rotogravure, offset printing and flexography is driving its demand. In addition, increasing use of plastic materials in the manufacturing of doctor blades and its easy availability is further supplementing the growth of the market. As compare to composite and metal, plastic blades are economical and light in weight. Increasing demand for quality packaging solution in North America and Asia Pacific is bolstering the growth of the doctor blade. Increasing use of nano particles in blade coating help in enhancing the durability of the product along with making it corrosion resistance. In addition, manufactures are focusing on introducing novel coatings, innovative raw materials and technological advancements to address the consumer requirements. Printing is among one of the major application of the doctor blade. It helps in removing excess ink in gravure printing. The use of carbon steel is prevalent in manufacturing the product. However, plastic made blades are also used sometimes as it helps in prolonging product life. Availability of quality steel in several European countries made it easy to produce a doctor blade. However, Asia Pacific accounted for the largest share in the market. In addition, the region is anticipated to continue its dominance from 2019 to 2024. In 2018, Flexography occupied the highest share with more than 50% in the market with most of them used in designing of flexible packaging. On the other hand, the offset technique is deployed for printing of poster, legal documents, newspapers and corrugated boxes. Request Sample Copy of This Market Research @ https://www.millioninsights.com/industry-reports/doctor-blade-market/request-sample

  2. Further key findings from the report suggest: • It is projected that the doctor blade market would witness 2.3 % CAGR over the forecast duration. The market growth is attributed to increasing product demand from Asia Pacific. • By 2024, North American market is likely to account for over 56.3 million, fueled by the presence of key players in the region. • Rotogravure occupies the second position in terms of product application. • The market is characterized by the presence of the several small and major industry players with strong distribution networks. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/doctor-blade-market Million Insights has segmented the global doctor blade market on the basis of type, application, and region: Doctor Blade Type Outlook (Revenue, USD Million, 2014 - 2024) • Metal Doctor Blade • Plastic Doctor Blade • Composite Doctor Blade Doctor Blade Application Type Outlook (Revenue, USD Million, 2014 - 2024) • Flexographic Printing • Rotogravure Printing • Offset Printing • Others Doctor Blade Regional Outlook (Revenue, USD Million, 2014 - 2024)

  3. • North America • Europe • Asia Pacific • Latin America • Middle East & Africa See More Reports of this Category by Million Insights @ https://www.millioninsights.com/industry/advanced-materials

  4. Get in touch At Million Insights, we work with the aim to reach the highest levels of customer satisfaction. Our representatives strive to understand diverse client requirements and cater to the same with the most innovative and functional solutions. Contact Person: Ryan Manuel Research Support Specialist, USA Email: ryan@millioninsights.com Global Headquarters Million Insights Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States Phone: 1-408-610-2300 Email: sales@millioninsights.com Asia Pacific Million Insights Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar, Pune, MH, 411016 India Phone: 91-20-65300184

More Related