Global Chemical Indicator Inks Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global chemical indicator inks market in its upcoming report titled, “Global Chemical Indicator Inks Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global chemical indicator inks market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global chemical indicator inks market report has been segmented on the basis of product, sterilization process, application, and region.

Chemical indicator inks are used in manufacturing process of chemical indicators, which are majorly used in sterilization monitoring process. It provides a visual indication through change in color of ink when exposed to specific sterilants and under certain conditions. Sterilization is an important process carried out in healthcare industry. Proper sterilization of surgical instruments, equipment, and supplies used in surgery rooms and care units are some of the critical aspects of health care delivery system, as it has direct impact on patients’ health. Chemical indicator products are also used to check efficiency of sterilization process, thus evaluating a level of sterilization and ensuring successful sterilization of multiple devices and instruments. Inks utilized in chemical indicators change its color when exhibited to specified sterilization conditions, which are irreversible. Change in color assures effective completion of sterilization.

Increasing product use of chemical indicator inks in the manufacturing of blood and IV pouches and containers to avoid infection among patients is expected to support growth of the market over the forecast period. In addition, various mandates applied by governments in developed economics such as Germany, France, UK, and US for sterilization is projected to propel product utilization in healthcare industry. Growing usage of prefilled syringes and inhalers in the biotechnology industry for manufacturing of various drugs is anticipated to support growth of the market positively by driving demand for chemical indicator inks globally.

However, fluctuating raw material prices is a major factor anticipated to hamper growth of the chemical indicator inks market.

North America chemical indicator inks market is estimated to account for significant share in terms of revenue in 2017, and is projected to maintain its dominance over the forecast period, owing to rising demand for chemical indicator inks from healthcare industry in countries in this region. Asia Pacific chemical indicator inks market is expected to record highest growth in terms of revenue in the next ten years.

Global Chemical Indicator Inks Market Segmentation:

Segmentation by product:

• Solvent-based
• Water-based
• UV-cured

Segmentation by sterilization process:

• Steam sterilization
• Ethylene oxide
• Vaporized hydrogen & plasma
• Formaldehyde

Segmentation by application:

• Sterile bags
• Sterile bottles
• IV & blood containers
• Tapes
• Prefillable syringes
• Pouches
• Others (tags, and labels)

 Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa