Europe Photo Emulsion Market: Introduction
Transparency Market Research delivers key insights on the photo emulsion market in Europe. In terms of revenue, the photo emulsion market in Europe is estimated to expand at a CAGR of 5.4% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the photo emulsion market in Europe.
The fluctuation in raw material prices is likely to hamper the photo emulsion market in Europe during the forecast period. The increase in the demand for photo emulsion in screen printing and textile printing is anticipated to drive the photo emulsion market in Europe during the next decade, as photo emulsion is extensively employed in these industries.
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Europe Photo Emulsion Market: Dynamics
The demand for photo emulsion is increasing for the process of printing and electronics. The printing industry in Europe has been continuously developing and expanding. Screen printing is a leading segment of the printing industry in Europe. Photo emulsion is widely used for printing applications.
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The photopolymer industry is experiencing significant transformation. Driven by new environmental regulations, the development of eco-efficient processes and zero-VOC products has become an absolute necessity. Emulsions contain VOCs, which hamper the environment. For instance, Ulano Corporation, one of the leading manufacturers of emulsions, has shut down one of its plants, owing to emissions. PHOTO-EMULSION is an EU-funded Innovative Training Network (ITN) project led by Institute de Science des Matériaux de Mulhouse in France. Under this program, research is being carried out to curb the emission of VOCs and maintain the permissible limit by using photo emulsion. During the first reporting period, PHOTO-EMULSION established a range of novel zero VOC technologies based on thiol-ene photopolymerization in dispersed media. This has made a promising impact on the printing industry in Europe for the usage of photo emulsion.
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The usage of photo emulsion is expected to increase in Europe, owing to its low VOC and less impact on the environment; and rise in usage in screen printing and textile printing.
Stencils can be used for screen printing on ceramic, bisque, polymer clay, and other pottery surfaces. Stencils with photo emulsion are widely used in various related industries. Using photo emulsions, screen printing can be employed in the production of glass & ceramic products for industrial and consumer applications. Screen printing is unique, as the process can overcome significant challenges faced by glass decorators. The photo emulsion process is one of the most effective ways to imprint logos onto promotional products. Photo emulsion is ideal for tote bags and also works for round products such as tumblers or pens.
Europe Photo Emulsion Market: Prominent Regions
Germany dominates the photo emulsion market in Europe. The demand for screen printing is estimated to rise at a rapid pace in the country between 2021 and 2031. This is expected to boost the demand of photo emulsion in Germany.
France is anticipated to be a highly attractive country of the photo emulsion market in Europe during the forecast period. The textile printing industry in France is witnessing strong growth, owing to the rise in income of the people. This is boosting the demand for photo emulsion in the country.
The U.K. is likely to be another highly attractive country for photo emulsion during the forecast period. It held a key share of the photo emulsion market in Europe in 2020. Investments in the electronics sector have been increasing in the U.K. in the recent years. This is driving the demand for photo emulsion in the electronics sector in the U.K.
Europe Photo Emulsion Market: Key Players
Major players operating in the photo emulsion market in Europe are ULANO CORPORATION, MacDermid, PRODECRAN, Kopimask S.A., KIWO, Amex srl, Saati S.p.A., Fujifilm Sericol, GRAFITEX GmbH, UES, Chromaline, and Feteks Kimya San. Tic. Ltd. Sti.