Asia Pacific followed by India and Japan are majorly using paper. Demand for paper in India has been around 7.5%. Growing paper industry will accelerate charge control agent for toners market in the region. Increasing population in these countries is another factor driving product consumption.
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Charge Control Agent for Toners Market size is estimated to grow in the forecast time frame with its use as a material in electrophotography. It is consumed to control tribo-change in photocopier and laser printer. The product along with pigment provides color to the toner that makes it suitable to be used in various types of writing inks such as ball point pens, marker pens and fiber tipped pens. It was developed with due consideration being paid to the electrical characteristics of dyes. They are mostly deployed in laser beam printers and copying machine.
Growth in printing industry over 1.5% in near future will raise demand for charge control agent for toners market. It adds clarity and effects in the image, thus demand for high end resolution has accelerated the product usage. Preliminary factors driving the demand include high environment safety, high resolution and definition images and a wide range of specifications, ranging from commercial to household products.
Developing education system is highly contributing in charge control agent for toners market. Growth in paper industry by over 4% is further influencing demand of the product. Schools, colleges and hospitals are widely using paper in their daily activities. The product is used as powder form paint that gives colors in printed images. Majority of the population uses pen in their daily work, that is boosting its consumption.
Supply chain of charge control agent for toners market is initiated in laboratories. It is formulated through chemical reaction that has zinc as its active ingredient. The product is a coloring agent and binder resin for toner. Post production it is transported to various locations for general use in printers and pens. The agent is blended in numerous applications and are made available in retail stores for end customers.
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Shift from paper industry to digital is major challenge in charge control agent for toners market. Further, growth and innovation in digital field in minimizing the use of paper. Most of the countries has completely moved to digital world. Additionally, high printer cost is another reason limiting the growth. Elevating global warming is switching people to save tress as over 90% raw material used to make paper comes from tree. Rising awareness and campaign to save tress are impacting charge control agent for toners market.
Charge control agent for toners market is segmented in product A and B. In A the number of CL substitution is 2 and in B its 1. On the basis of molecular weight B is more than A. The agent is used in various applications that includes pen inks, printers, electro photography, water based ink, oil based markers, gel ink, ink for fountain pens and whiteboards.
Finland is one of leading countries in nearly all measures of education and skills for all age group. Growing rate of educational system in the country will surge charge control agent for toners market in Europe in forecast period. It is majorly used in writing inks and printers.
North America, led by US is one of the most developed economy of the world. The country host multiple multinational organizations. Growth in corporate industry will lead to simultaneously rise in charge control agent for toners market.
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Key contributors in charge control agent for toners market are Esprix Technologies, Orient, Ding Long, Hodogaya Chemicals, E Ink, Stratasys Inc, Angstrom Technologies, Canon Kabushiki Kaisha, Kyocera, and Hgst Netherlands. Kyocera announces Ultra Wide Print head offering simultaneous four- color output for industrial inkjet printing from textile to billboards.
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