Leong
Flint Ink's General Manager for Asia Our forecast for the Asian printing ink market, including Japan, is $3 billion to $4 billion a year. With the exception of Indonesia and the Philippines, the economies of most Asian countries have steadily recovered from the 1997-1998 recession, and the growth rate in 2000 was 5%-10%.
The printing industry is also recovering along with this economic recovery trend. There are orders to order new machines. Orders that were suspended during the economic crisis are now starting to be implemented. Among all major printing industry businesses, the fastest growing is packaging.
As the printing industry has become more competitive, customer demands have also increased. Cost saving, high quality and environmental protection have become routine requirements. Environmental requirements include the use of packaging inks that do not contain toluene, or have a very low toluene content, and printing inks that have very low levels of volatile organics.
Printers are optimizing their operating costs, improving and maintaining their stability, and working hard to produce environmentally friendly products (although still in the enlightening stage). Other broad trends include efforts to produce high-quality products; attention to creating lower-cost operating methods; greater use of technologies (such as the use of computer technology in prepress applications); increased demand for ink supplier technical support; The interest in new ink formulations is mainly in the packaging area.
Howard s. brecher
Michelman's Vice President of Additives The scale of ink manufacturers in most countries ranges from very large, very complex, multinational groups to very small, local household businesses. With the exception of Indonesia and the Philippines, the business conditions in most countries seem to have returned to levels before the Asian financial crisis. Japan is an exception, where many manufacturing bases are migrating to countries with cheap labor.
Many businesses in the Asia Pacific region are due to the fact that European and American companies purchase products there to use their low prices. Of course, local manufacturers buy locally produced packaging and prints.
There are three trends in the Asian ink market:
1. Driven by the environmental protection requirements of customers throughout the supply chain, the use of solvent inks is steadily turning to water-based inks. Ink manufacturers are rapidly moving from solvent products to water-based products.
2, the merger of suppliers. Many companies collapsed in the financial crisis, and there are other companies involved in a multinational global acquisition frenzy.
3, quality and price increase. The concept of stable, high-quality, high-value production has become more prevalent than in the past.
In addition, quality is steadily rising due to competition and end-user requirements. Today, some of the world's best quality printing is done in the area. More advanced presses, quality control equipment and highly trained personnel are becoming more and more common. Many companies, especially in Hong Kong, Malaysia, Singapore, Thailand, Australia and New Zealand, are now as advanced and perfect as European and American companies. (To be continued)
Flint Ink's General Manager for Asia Our forecast for the Asian printing ink market, including Japan, is $3 billion to $4 billion a year. With the exception of Indonesia and the Philippines, the economies of most Asian countries have steadily recovered from the 1997-1998 recession, and the growth rate in 2000 was 5%-10%.
The printing industry is also recovering along with this economic recovery trend. There are orders to order new machines. Orders that were suspended during the economic crisis are now starting to be implemented. Among all major printing industry businesses, the fastest growing is packaging.
As the printing industry has become more competitive, customer demands have also increased. Cost saving, high quality and environmental protection have become routine requirements. Environmental requirements include the use of packaging inks that do not contain toluene, or have a very low toluene content, and printing inks that have very low levels of volatile organics.
Printers are optimizing their operating costs, improving and maintaining their stability, and working hard to produce environmentally friendly products (although still in the enlightening stage). Other broad trends include efforts to produce high-quality products; attention to creating lower-cost operating methods; greater use of technologies (such as the use of computer technology in prepress applications); increased demand for ink supplier technical support; The interest in new ink formulations is mainly in the packaging area.
Howard s. brecher
Michelman's Vice President of Additives The scale of ink manufacturers in most countries ranges from very large, very complex, multinational groups to very small, local household businesses. With the exception of Indonesia and the Philippines, the business conditions in most countries seem to have returned to levels before the Asian financial crisis. Japan is an exception, where many manufacturing bases are migrating to countries with cheap labor.
Many businesses in the Asia Pacific region are due to the fact that European and American companies purchase products there to use their low prices. Of course, local manufacturers buy locally produced packaging and prints.
There are three trends in the Asian ink market:
1. Driven by the environmental protection requirements of customers throughout the supply chain, the use of solvent inks is steadily turning to water-based inks. Ink manufacturers are rapidly moving from solvent products to water-based products.
2, the merger of suppliers. Many companies collapsed in the financial crisis, and there are other companies involved in a multinational global acquisition frenzy.
3, quality and price increase. The concept of stable, high-quality, high-value production has become more prevalent than in the past.
In addition, quality is steadily rising due to competition and end-user requirements. Today, some of the world's best quality printing is done in the area. More advanced presses, quality control equipment and highly trained personnel are becoming more and more common. Many companies, especially in Hong Kong, Malaysia, Singapore, Thailand, Australia and New Zealand, are now as advanced and perfect as European and American companies. (To be continued)
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