Global Thermal CTP Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Thermal CTP Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Thermal CTP refers to a thermal plate making machine using thermal plate technology, which is the most popular choice among printers. It has many advantages. For example, it is allowed to operate under daylight conditions (insensitive to light), easy to operate and has minimal impact on the environment, etc.

Market Overview:

The latest research study on the global Thermal CTP market finds that the global Thermal CTP market reached a value of USD 346.53 million in 2022. It’s expected that the market will achieve USD 387.06 million by 2028, exhibiting a CAGR of 1.86% during the forecast period.

Opportunities and Drivers

With the development of the world economy and the improvement of people's living standards, the demand for printed materials such as books, newspapers, picture albums, brochures, and packaging printing and label printing such as paper packaging, plastic packaging, and metal packaging has shown a steady growth. The rapid development of the printing industry and the large-scale promotion of green printing provide broad development opportunities for the upstream CTP product industry.

In addition, as various countries are committed to developing environmentally friendly products and processes to create a sustainable environment, thermal CTP, as the most mature, stable and effective technology at present, has received extensive attention. Not only can it provide the highest quality output, it also does not require safety lighting (processing can also be done during the day), and more importantly-almost no chemical treatment (which means less impact on the environment).

Because the end customers of this industry have the characteristics of large number of enterprises, wide geographical distribution, low purchase frequency, and small number of single purchases, enterprises mainly contact end customers through distributors, and the direct sales model usually accounts for a relatively small proportion. The rise of the Internet allows companies to build their own websites to promote brand culture and fully introduce product features to facilitate potential customers to understand in advance or review afterwards, increase corporate visibility and reduce the distance between companies and customers. For areas where dealers fail to cover or have weak coverage, the company can use the Internet to adopt a direct sales model as a supplement to the distribution model, which further broadens the company’s sales channels and improves the market coverage of products.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

The top three companies are Agfa-Gevaert Group, FUJIFILM Corporation, Eastman Kodak Company with the revenue market share of 19.51%, 18.16% and 16.36% in 2019.

Agfa Jihua Group is a European multinational company engaged in the development and manufacture of analog and digital products for the production, processing and reproduction of images. Agfa Jihua Group has business offices in 40 countries around the world, with agents and 14,000 employees in 120 countries. Agfa Jihua now has production plants in 10 countries, including Belgium, Germany, Italy, China and the United States.

Fujifilm Co., Ltd. is a well-known Japanese manufacturer of precision chemical manufacturing, film, storage media and cameras. Fuji has more than 220 R&D, production and sales organizations in Asia-Pacific, Europe and North America. At the same time, it also produces computer storage media, such as CD-R and polar discs.

Segmentation Overview:

By type, Fully automatic CTP segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Commercial Printing segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Thermal CTP market covered in Chapter 3:

Agfa-Gevaert Group
FUJIFILM Corporation
Presstek LLC
Mitsubishi Imaging (MPM) Inc.
Eastman Kodak Company
SCREEN Graphic Solutions Co., Ltd.
Cron Europe GmbH
AMSKY Technology Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Thermal CTP market from 2018 to 2029 is primarily split into:

Manual CTP
Fully automatic CTP
Semi-automatic CTP

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Thermal CTP market from 2018 to 2029 covers:

Commercial Printing
Newspaper Printing
Packaging Printing
Book Printing
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)