FLEXOGRAPHIC INKS
| Capacity
|
500 Kg./Day
|
Plant and Machinery cost
|
35.00
Lakhs
|
| Working Capital
|
0.00
|
Rate of Return (ROR)
|
47.00
%
|
| Break Even Point (BEP)
|
41.00
%
|
TCI
|
139.00
Lakhs
|
| Cost of Project
|
139.00Lakhs
|
Description:
Flexographic inks are used in printing packaging materials, including cartons, corrugated containers, paper and plastic bags, food containers, newspapers, catalogs and more. Flexography printing method continues to grow in popularity because of its simplicity and environmental friendliness. The most important part of the process is the application of the ink.
Flexographic inks consist of colorants, which may be pigments and soluble dyes along with a binder and various solvents. Both Solvent based and water based inks commonly contain various types alcohol as the primary solvent or drier. Alcohol rapidly dries through evaporation and contributes to VOC emissions. The inks may also contain glycol ether and/or ammonia which facilitate drying.
Currently, the printing ink market in India is worth Rs. 15 billion and is growing at the rate of 15-18 percent yearly. There are around 25 – 35 ink makers in the medium size category and an estimated 200 ink makers in the small scale segment. In terms of tonnage of ink manufactured in India, it is estimated to be 110 million tonnes. The ink demand in the Newspaper Industry grew rapidly over the past 3 – 4 years by nearly 20%. In spite of the global meltdown, the newspaper industry has grown nearly 25% in readership. The Packaging Industry which is another main consumer of printing ink, has witnessed a growth of approximately 12.5% and the corrugated packing industry grew by over 8%. The flexible packaging growth is in excess of 15% with the expansion of the food and retail industry. Another area of high growth driver is expected in the Can Coating segment which is presently at 3 – 4% growth but is expected to show an increase when more food products like meats and seafood are increasingly packaged and the beverage industry expands with increase in consumption of Sodas, Soft Drinks, Tea, Coffee and Beer. Other segment of Ink consumption in screen printing is also showing steady growth trends. The Electronic Industry has special demands for inks for PCBs, Membranes and Touch Panels, etc.
Evolving technologies, shifting client needs and expanding global markets are adding to the challenge of in the print Industry. India’s competitive advantages are mainly in terms of low-costs base, logistics and other costs. All these factors show that there is a very good scope and good market potential in this sector. New entrepreneurs should venture in this field.
|
Flexographic Inks
| Capacity
|
150000 Kg./Annum
|
Plant and Machinery cost
|
36.00
Lakhs
|
| Working Capital
|
0.00
|
Rate of Return (ROR)
|
47.00
%
|
| Break Even Point (BEP)
|
41.00
%
|
TCI
|
139.00
Lakhs
|
| Cost of Project
|
139.00Lakhs
|
Description:
Flexographic inks are used in printing packaging materials, including cartons, corrugated containers, paper and plastic bags, food containers, newspapers, catalogs and more. Flexography printing method continues to grow in popularity because of its simplicity and environmental friendliness. The most important part of the process is the application of the ink.
Flexographic inks consist of colorants, which may be pigments and soluble dyes along with a binder and various solvents. Both Solvent based and water based inks commonly contain various types alcohol as the primary solvent or drier. Alcohol rapidly dries through evaporation and contributes to VOC emissions. The inks may also contain glycol ether and/or ammonia which facilitate drying.
As each year passes, more water ink technology has come to fruition to meet the challenges. Each passing month brings more technology to ink makers, further enabling them to meet the demands of their customers. Changes in substrate coatings and new resins and slip additives for films have also contributed to producing substrates that are more receptive to water inks. These include replacements for very popular products now specified that are not very receptive to the water technology. Water-based inks are now a viable option for flexographic printers. Waterbased inks provide an alternative to these solvents and a means of eliminating both pollution and many of the regulatory constraints on the printer. The most important element in a decision to switch to water-based inks is a commitment from management. If management sincerely wants water to work, it will make the necessary changes and provide adequate training of personnel to make it happen. Flexo inks are used primarily in furniture laminates, construction materials and carton box packaging.
India is the fastest growing print industry after China and Japan. These are exciting times for the imaging and printing industry. India has been witnessing healthy growth in the printer market with the technology getting better year after year.
Currently, the printing ink market in India is worth Rs.15 billion and is growing at the rate of 15-18 percent yearly. There are around 25 – 35 ink makers in the medium size category and an estimated 200 ink makers in the small scale segment. In terms of tonnage of ink manufactured in India, it is estimated to be 110 million tonnes. The ink demand in the Newspaper Industry grew rapidly over the past 3 – 4 years by nearly 20%. In spite of the global meltdown, the newspaper industry has grown nearly 25% in readership. The Packaging Industry which is another main consumer of printing ink, has witnessed a growth of approximately 12.5% and the corrugated packing industry grew by over 8%.The flexible packaging growth is in excess of 15% with the expansion of the food and retail industry. Another area of high growth driver is expected in the Can Coating segment which is presently at 3 – 4% growth but is expected to show an increase when more food products like meats and seafood are increasingly packaged and the beverage industry expands with increase in consumption of Sodas, Soft Drinks, Tea, Coffee and Beer. Other segment of Ink consumption in screen printing is also showing steady growth trends. The Electronic Industry has special demands for inks for PCBs, Membranes and Touch Panels, etc. The Inkjet ink requirement in the country is expanding rapidly. Though the majority of inks for this industry are presently imported, there is a large scope for new players. There is a great opportunity and demand for Indian inks makers as well as International Brands in Indian markets.
The global digital imaging market is projected to grow to $31 billion by 2009 with the Middle East and Asian markets claiming a 33 percent share against the current 10 percent. According to a report by Pira International, the digital print market is set to be worth EURO 124.8 billion by 2015. This huge growth potential in print industry will definitely drive the printing ink industry. Evolving technologies, shifting client needs and expanding global markets are adding to the challenge of in the print Industry. India’s competitive advantages are mainly in terms of low-costs base, logistics and other costs. All these factors show that there is a very good scope and good market potential in this sector. New entrepreneurs should venture in this field.
|