Imaging Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Imaging Chemicals Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global imaging chemicals market size reached US$ 9.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 12.9 Billion by 2028, exhibiting a growth rate (CAGR) of 4.96% during 2023-2028.

Imaging chemicals help create visual images of components distribution from simultaneous measurement of spatial, spectra, and time information. They also provide numerous possibilities for better understanding of biological systems by enabling the identification of chemical components at the tissue, cellular, and subcellular levels. As a result, they are gaining traction as a popular tool for characterizing isotopic information, tracing elements, and finding organic biomarkers in fossils. Besides this, as they assist in achieving greater efficiencies by delivering clarity to the end results, applications of imaging chemicals are expanding in the medical sector across the globe.

Imaging Chemicals Market Trends:
Although the conventional printing process still dominates the market, there is a gradual rise in the adoption of digital printing worldwide. This can be attributed to its high quality, faster turnaround time, lower printing cost for smaller quantities of printing, and easy customized printing. This, coupled with the consequently escalating demand for printing inks that are used in ink cartridges, represents one of the key factors strengthening the growth of the market. Moreover, despite the fast replacement of conventional film-based photography by digital imaging several years ago, there is now a return of film-based imaging. This is increasing the utilization of film-based photography by professional photographers and positively influencing the growth of the market. Furthermore, imaging chemicals are employed in the medical industry on account of the growing geriatric population, rising prevalence of cancer and brain disorders, and rapid adoption of advanced technologies in the mining and textile sectors. Apart from this, leading players are adopting several strategies, including product launches, mergers and acquisitions (M&A), and agreements to retain a competitive edge and expand their overall market share.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global imaging chemicals market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product type and application.

Breakup by Product Type:

Imaging Agents and Toners
Printing Inks
Image Developers
Others

Breakup by Application:

Medical
Packaging and Printing
Textile
Mining
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Agfa-Gevaert N.V., Altana AG, Becton Dickinson and Company, DIC Corporation, Eastman Kodak Company, Flint Group, FUJIFILM Holdings Corporation, Kao Corporation, T&K TOKA Corporation, Toray Fine Chemicals Co. Ltd., Toyo Ink SC Holdings Co. Ltd. and Vivimed Labs Limited.

Key Questions Answered in This Report

1. What was the size of the global imaging chemicals market in 2022?
2. What is the expected growth rate of the global imaging chemicals market during 2023-2028?
3. What are the key factors driving the global imaging chemicals market?
4. What has been the impact of COVID-19 on the global imaging chemicals market?
5. What is the breakup of the global imaging chemicals market based on the product type?
6. What is the breakup of the global imaging chemicals market based on application?
7. What are the key regions in the global imaging chemicals market?
8. Who are the key players/companies in the global imaging chemicals market?