Doctor Blade Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe global doctor blade market size is anticipated to reach USD
192.90 million by 2024, according to a new report by Grand View Research, Inc.
It is expected to expand at a CAGR of 2.3% during the forecast period. The
market is driven by rising application of doctor blade in flexography,
rotogravure, and offset printing systems. The use of plastic materials, such as
polyethylene and polyester for manufacturing doctor blade is expected to
further fuel the growth. Plastic blades are lightweight, economical, and safer to
use than their metal and composite counterparts, which is expected to bode well
for the demand in near future.
The rise in demand for
high-quality packaging in Asia Pacific and North America is expected to
positively influence the overall demand for doctor blade. The trend of coating
blades with nanoparticles has helped enhance product durability, corrosion
resistance, and smoother cross-sectional edges. The companies focus on
technological innovations, novel coatings, and new raw materials to cater to the
specific consumer requirements for printing labels, film packaging, shopping
bags, tissue papers, laminates, corrugated boxes, and books and posters.
Doctor blade is a vital
component used in printing. It is used to remove excess ink from the outside
surface of the gravure cylinder in gravure printing. Carbon steel is preferably
used for manufacturing the product for majority of the applications, but
plastic blades are also used occasionally with worn cylinder, which prolongs
its life.
The availability of superior
quality steel in the European countries has made manufacturing high-quality
doctor blade easier. However, in terms of regional growth, Asia Pacific is
expected to remain the largest market during the forecast period due to rapidly
expansion of the end-use industries.
Flexography printing
application segment held more than 50% of the market share in 2018, majorly
used for designing flexible packaging. The offset technique is used for
printing corrugated boxes, posters, flyers, legal documents, and newspapers.
The doctor blade market is
consolidated with the presence of major players including Kadant, Inc.; FUJI
SHOKO CO., LTD.; Allison System; PrimeBlade Sweden AB; Swedev AB; TRESU Group;
Daetwyler SwissTec; AkeBoose GmbH; and Röchling Leripa Papertech Gmbh & Co.
Kg. The companies are currently ramping up capacities to meet the future
demand.
Further key findings from the report suggest:
- The market is expected to rise at a CAGR
of 2.3%, in terms of revenue, from 2019 to 2024 due to growing demand for
efficient packaging system in the emerging economies of Asia Pacific
- North America doctor blade market is
anticipated to exceed 56.30 million by 2024 owing to the presence of a
large number of printing companies and rapidly increasing demand for
flexography in flexible packaging
- Rotogravure process is the second most
popular product application, widely used for printing magazines, books,
wallpapers, plastic laminates, and newspapers
- The market is comparatively concentrated
in nature owing to the presence of small and medium enterprises with
robust distribution channels
- In March 2019, TRESU Group appointed
Vernitech as an agent to sell the products of TRESU Ancillary, a business
area of TRESU Group, in the corrugated industry of France. Vernitech is
now engaged in the sales of TRESU’s sealed chamber doctor blades and ink
supply systems for corrugated and flexo applications
Access full research report on global doctor
blade market:
www.grandviewresearch.com/industry-analysis/doctor-blade-market
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Created on Apr 2nd 2020 14:28. Viewed 384 times.