Photographic chemicals market to witness trend for color film processing

10:47 AM, 20th January 2021
A notable surge in advertisements, billboards and promotional campaigns will further the projection of the photographic chemicals market.

With promotional activities unlocking avenues for creative possibilities, photographic chemicals market outlook is poised to remain bullish in the next five years. A notable surge in advertisements, billboards and promotional campaigns will further the projection of the industry.

Past several years have witnessed a trend for hoardings and unrelenting advertisements, thereby encouraging stakeholders to inject more funds in the landscape. Manufacturers of photographic chemicals have upped their focus on R&D activities to trigger the growth of biobased products.

In the latest research report collated by Global Market Insights Inc, photographic chemicals market size is projected to witness a considerable gain by 2026.

COVID-19 impact

COVID-19 pandemic has had a subtle impact on the business outlook as the fallout alludes that the supply chain of photographic chemicals has been affected by the virus. A moderate dip in advertising campaigns and a shift towards online advertising have picked pace, thanks to the pandemic. To put things into perspective, unprecedented growth in digitization in light of coronavirus will not go well with the industry outlook.

Trend towards color film processing becomes pronounced

A notable trend towards the use of color film processing has triggered growth in the photographic chemicals market revenue as demand for solvents such as ethylene glycol, benzyl alcohol, color coupling agents and hydroquinone.

While color films processing is treated with special chemicals, exposed film is made into a positive color transparency. Trend for the use of ammonium thiosulphate in color film processing will continue to be witnessed in the next five years.

Growing stemming from fixing process

While stakeholders are likely to emphasize color film processing, traction towards the use of photographic chemicals in fixing, processing will further fuel the trend. Increased inclination towards fixers is attributed to demand for proper print-making process and making the image durable.

With the demand for greater capacity and shorter washing time soaring, alkaline fixers will witness noticeable growth. Not to mention both ammonium thiosulfate and sodium thiosulfate tend to be more stable in the alkaline solution. More importantly, use of acid stop bath is done away with to protect the alkalinity of fixer.

North America—a favorable investment hub

Stakeholders are expected to infuse funds in North America in the wake of growing penetration of color film processing and black & white film processing in advertising campaigns. Besides, the US and Canada are likely to witness inclination for promotion activities, while presence of advertising agencies will augur well for players eyeing to bolster North America photographic chemicals market value.

A marked rise in the use of hoarding boards and banners in India, China, Malaysia and Singapore will accentuate growth in APAC photographic chemicals industry. Needless to say, pervasive advertising campaigns and rising penetration of fixer and soap bath will make stakeholders bullish.

E-storage and digitization pose challenge

A palpable trend towards digitization and e-storage has posed a potential challenge for leading companies in the landscape. In addition, several agencies have voiced concerns pertaining to the health effects of photographic chemicals.

While prevailing challenges such as online marketing campaigns may dent the business outlook, expanding footprint of color film processing will augur well for the industry. So much so that trend for advertising through hoardings will project a robust growth of photographic chemicals market value.

Photographic Chemicals market size, industry analysis report, regional outlook, growth potential, competitive market share & forecast, 2020 – 2026: https://www.gminsights.com/industry-analysis/photographic-chemicals-market

© Worldofchemicals News

Contact Info:

Arun Hegde
Corporate Sales, USA
Global Market Insights Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Website: https://www.gminsights.com

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