The global imaging chemicals market is projected to reach a valuation of US$ 26.94 billion in 2022, up from US$ 25.43 billion in 2021, reflecting a year-on-year (Y-o-Y) growth of 5.9%. From 2022 to 2032, the market is expected to grow at a CAGR of 6%, reaching US$ 48.2 billion by the end of the forecast period.

The demand for printing inks will continue to rise, with a historical CAGR of 6% from 2015 to 2021. Meanwhile, the use of imaging chemicals in medical diagnostics surged at a rate of 7% during the same period. North America is set to lead the global market, presenting a growth opportunity worth US$ 12.5 billion from 2022 to 2032.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6398

Country-wise Analysis

According to Fact.MR, the U.S. imaging chemicals market was valued at approximately US$ 6.57 billion in 2021 and is expected to exceed US$ 12.5 billion by 2032, growing at a CAGR of 6%. This growth is driven by the expanding diagnostic imaging industry, fueled by a rise in chronic and infectious diseases across all age groups.

The Centers for Disease Control and Prevention (CDC) reports that 60% of U.S. adults suffer from at least one chronic disease, with 4 in 10 having two or more, including chronic lung disease, heart disease, and cancer.

As a result, the demand for X-rays, CT scans, MRI scans, and ultrasounds—all of which rely on high-grade imaging equipment—has surged, driving the need for imaging chemicals in the healthcare sector.

Category-wise Insights

Sales of printing inks are projected to reach US$ 16.4 billion by 2032, growing at a CAGR of 6%. Printing inks are extensively utilized across various industries, including mainstream media and technical fields like industrial printing.

With the increasing emphasis on proper labeling, manufacturers are focusing on advanced printing solutions to meet rising demands. This trend is expected to significantly boost growth in the imaging chemicals market, according to industry surveys.

Read More: https://www.factmr.com/report/imaging-chemicals-market

Competitive Landscape

Leading imaging chemical companies focus on partnerships, collaborations, acquisitions, and new product launches to maintain their competitive edge. A key priority for these players is continuous innovation to enhance client-customer relationships.

In June 2021, ALTANA AG secured a revolving credit facility from a consortium of eight major banks, amounting to €250 million. This funding, spanning 5 to 7 years, supports ALTANA’s sustainability agenda, requiring adherence to stringent ESG (Environmental, Social, Governance) practices in areas including imaging chemicals.

Additionally, in June 2021, Eastman Kodak Company and West World Paper (WWP) entered into a reseller agreement, positioning WWP as a key supplier of Kodak Commercial Print Solutions across Western Canada for the foreseeable future.

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:
https://www.factmr.com/connectus/sample?flag=S&rep_id=6398

Key Segments Covered in the Imaging Chemicals Industry Analysis

By Application :
Printing & Packaging
Medical Diagnostics
Textile Processing
Other Applications
By Product :
Imaging Chemical Printing Inks
Imaging Chemical Developers
Other Imaging Chemical Products
By Region :
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

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