Global Chemical Indicator Inks Market
Chemical Indicator Inks Market Size And Forecast
According to Verified Market Research, Global Chemical Indicator Inks Market was valued at USD 41.7 Million in 2018 and is projected to reach USD 69.5 Million by 2026, growing at a CAGR of 6.55% from 2019 to 2026.
Global Chemical Indicator Inks Market Outlook
In the production of Intravenous therapy (IV) & blood pouches, and containers indicator inks are used to avoid infection is anticipated to boost the demand for the market. The growing adoption of hospitals using labels and tags indicating the completion of the sterilization process of the instruments has increased the demand of the market. Increasing occurrence of diseases that are originated from hospitals coupled with the stringent regulations for compulsory sterilization of surgical products is expected to propel the growth of the market over the forecast period. However, fluctuations in raw material prices is a major restraining factor that may affect the growth of the market.
Global Chemical Indicator Inks Market Competitive Landscape
The Global Chemical Indicator Inks Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as RIKEN Chemical Co., Ltd., SteriTec Products Inc., 3M, Tempil, NiGK Corporation, Propper Manufacturing Company, Inc., STERIS Corporation, ETIGAM bv, Terragene SA, and Crosstex International Inc.
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