Imaging Chemicals & Materials Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Imaging Chemicals & Materials Market Analysis
The market imaging chemicals and materials is expected to grow at a CAGR of less than 6% during the forecast period. Major factors driving the market studied is advances in diagnostic/medical imaging
- Expanding the packaging industry in Asia-Pacific is expected to act as an opportunity
- North America dominated the market across the globe with the largest consumption in a country such as the United States, Canada, etc.
Imaging Chemicals & Materials Market Trends
This section covers the major market trends shaping the Imaging Chemicals & Materials Market according to our research experts:
Rapid Demand From Medical Industry
- Imaging chemicals are widely used in the medical industry for diagnostic imaging purposes. The consumption of imaging chemicals and materials in the medical industry is increasing at a strong rate, owing to the increasing demand for digital radiography.
- Mobile digital X-ray systems have also driven the demand for imaging chemicals, owing to the increasing usage of radiography for dental, chest, and orthopedic applications.
- There have been increasing investments in the Asia-Pacific region to develop the healthcare facilities, in order to meet the demand from the growing population. Governments in countries, such as India and China, are focusing largely on the development of the medical industry in the countries, by introducing programs, such as the Ayushman Bharat program, and China's New Healthcare Reform 2020.
- All the above factors are expected to increase the demand for the market
North America to Witness Positive Growth
- North America has been a major market in terms of consumption of imaging chemicals and materials.
- Medical and Printing sectors account for the largest share of the market in the region. The presence of highly advanced healthcare technologies in the country, along with the increasing consumer spending on healthcare, are driving the market for imaging chemicals and materials in the United States.
- The US medical device sector is by far one of the most advanced sectors in the country. The increasing geriatric population and growing requirement for medical facilities for the treatment of chronic diseases have been supporting the growth of the sector.
- According to Health Affairs, the average annual growth rate of the healthcare industry is estimated to reach around 5.5% in the United States, from 2018 to 2027. This, in turn, expected to increase the demand for medical device
- The demand id expected to increase for imaging chemicals, over the forecast period.
Imaging Chemicals & Materials Industry Overview
The imaging chemicals and materials market is fragmented in nature. Some of the major players include Harman Technology, Vivimedlabs, Kao Corporation, Agfa-Gevaert Group, and FUJIFILM Corporation, among others
Imaging Chemicals & Materials Market Leaders
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Harman Technology
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Vivimedlabs
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Kao Corporation
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Agfa-Gevaert Group
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FUJIFILM Corporation,
*Disclaimer: Major Players sorted in no particular order
Imaging Chemicals & Materials Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Advances in Diagnostic/Medical Imaging
- 4.1.2 Other Drivers
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4.2 Restraints
- 4.2.1 Emergence of Digital Photography
- 4.2.2 Other Restraints
- 4.3 Industry Value-Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Consumers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION
-
5.1 Type
- 5.1.1 Printing Inks
- 5.1.1.1 Binders
- 5.1.1.2 Carriers
- 5.1.1.3 Pigments
- 5.1.1.4 Additives
- 5.1.2 Image Developers
- 5.1.2.1 Hydroquinone
- 5.1.2.2 Phenidone
- 5.1.2.3 Metol
- 5.1.2.4 Others
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5.2 Application
- 5.2.1 Printing and Packaging
- 5.2.2 Medical
- 5.2.3 Textile
- 5.2.4 Other Applications
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5.3 Geography
- 5.3.1 Asia-Pacific
- 5.3.1.1 China
- 5.3.1.2 India
- 5.3.1.3 Japan
- 5.3.1.4 South Korea
- 5.3.1.5 Rest of Asia-Pacific
- 5.3.2 North America
- 5.3.2.1 United States
- 5.3.2.2 Canada
- 5.3.2.3 Mexico
- 5.3.3 Europe
- 5.3.3.1 Germany
- 5.3.3.2 United Kingdom
- 5.3.3.3 Italy
- 5.3.3.4 France
- 5.3.3.5 Rest of Europe
- 5.3.4 South America
- 5.3.4.1 Brazil
- 5.3.4.2 Argentina
- 5.3.4.3 Rest of South America
- 5.3.5 Middle-East and Africa
- 5.3.5.1 Saudi Arabia
- 5.3.5.2 South Africa
- 5.3.5.3 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share Analysis**
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 Agfa-Gevaert Group
- 6.4.2 Eastman Kodak Company
- 6.4.3 FUJIFILM Corporation
- 6.4.4 Hodogaya Chemical Co. Ltd
- 6.4.5 Harman Technology
- 6.4.6 International Imaging Materials Inc.
- 6.4.7 Kao Corporation
- 6.4.8 Konica Minolta Inc.
- 6.4.9 Toray Fine Chemicals Co. Ltd
- 6.4.10 Vivimedlabs
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Expanding Packaging Industry in Asia-Pacific
Imaging Chemicals & Materials Industry Segmentation
The imaging chemicals and materials market report includes:
| Type | Printing Inks | Binders |
| Carriers | ||
| Pigments | ||
| Additives | ||
| Type | Image Developers | Hydroquinone |
| Phenidone | ||
| Metol | ||
| Others | ||
| Application | Printing and Packaging | |
| Medical | ||
| Textile | ||
| Other Applications | ||
| Geography | Asia-Pacific | China |
| India | ||
| Japan | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Geography | Europe | Germany |
| United Kingdom | ||
| Italy | ||
| France | ||
| Rest of Europe | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle-East and Africa | Saudi Arabia |
| South Africa | ||
| Rest of Middle-East and Africa |
Imaging Chemicals & Materials Market Research FAQs
What is the current Imaging Chemicals and Materials Market size?
The Imaging Chemicals and Materials Market is projected to register a CAGR of less than 6% during the forecast period (2024-2029)
Who are the key players in Imaging Chemicals and Materials Market?
Harman Technology, Vivimedlabs, Kao Corporation, Agfa-Gevaert Group and FUJIFILM Corporation, are the major companies operating in the Imaging Chemicals and Materials Market.
Which is the fastest growing region in Imaging Chemicals and Materials Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Imaging Chemicals and Materials Market?
In 2024, the North America accounts for the largest market share in Imaging Chemicals and Materials Market.
What years does this Imaging Chemicals and Materials Market cover?
The report covers the Imaging Chemicals and Materials Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Imaging Chemicals and Materials Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Imaging Chemicals and Materials Industry Report
Statistics for the 2024 Imaging Chemicals and Materials market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Imaging Chemicals and Materials analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
