Doctor Blade Market to Hit $201.90 million By 2030

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The global doctor blade market size is expected to be worth around US$ 201.90 million by 2030, according to a new report by Vision Research Reports.

The global doctor blade market size was valued at US$ 169.89 million in 2020 and is anticipated to grow at a CAGR of 5.3% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size USD 201.90 million by 2030
Growth Rate CAGR of 5.3% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Type, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Kadant, Inc.; FUJI SHOKO CO., LTD.; PrimeBlade Sweden AB; Swedev AB; and TRESU Group

Growth Factors

 High demand for paints and coatings and rotogravure, flexographic, and offset printing in packaging and publication arenas is expected to drive the growth. The new trend of manufacturing nanotechnology enhanced doctor blades is expected to further boost the demand. Using nanoparticles in the polymer resin matrix manipulates the molecular matrices and produces smoother, corrosion-resistant, and highly efficient edges. These blades are engineered for applications requiring a high level of precision and where removing ink is particularly challenging.

The rise in demand for high-quality packaging in Asia Pacific and North America is expected to positively influence the overall demand for doctor blade. The trend of coating blades with nanoparticles has helped enhance product durability, corrosion resistance, and smoother cross-sectional edges.

By Type Analysis

The three most widely used materials for manufacturing blades include metals, plastics, and composites. Metal holds the major market share, while plastic counterparts such as polyethylene, polyester, and polyacetal are expected to witness the fastest growth from 2021 to 2030.

The cross-section of the doctor blade working edge is primarily divided into a wedge, round, and lamellar. The wedge blades have a round or flattened working edge with the cross-section area in the form of trapezium i.e. two angles at 90 degrees.

By Application Analysis

Currently, flexography holds the largest market share. In the printing industry, packaging registers the majority of demand followed by the publishing and promotion industry. Flexographic printing dominates the packaging segment with more than 40% of the market share. It has been a choice of many business sectors since its invention.

Rotogravure printing is the second most popular application. It is a largely used method in paper printing. Although new technologies have increased the efficiency of gravure printers, the system is facing increasing competition from digital inkjet printers. This acts as a crucial challenge currently faced by the industry participants.

By Regional Analysis

The Asia Pacific is expected to register a relatively higher pace over the forecast period. The region showcased high demand for packaging from multiple end-use industries, such as pharmaceutical, food and beverage processing, and transportation, resulting in an increased demand for doctor blade across key countries including China, Japan, and India. The region is expected to expand at a CAGR of 2.8% over the forecast period.

North America is the second-largest region with the U.S. and Canada as the major consumers, due to their flourishing high-quality packaging industry. The North American market is dominated by flexographic printing. In the U.S., almost 70% of packages produced are printed using flexography systems.

Key Players

Kadant, Inc.; FUJI SHOKO CO., LTD.; PrimeBlade Sweden AB; Swedev AB; and TRESU Group

Market Segmentation

  • Type
    • Metal Doctor Blade
    • Plastic Doctor Blade
    • Composite Doctor Blade
  • Application
    • Flexographic Printing
    • Rotogravure Printing
    • Offset Printing
    • Others
  • Regional
    • North America
    • Europe
    • Asia Pacific
    • Latin America
    • Middle East & Africa

Browse complete table of contents at@ https://www.visionresearchreports.com/doctor-blade-market/toc/38711

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2030);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Daksh

Daksh is an SEO Analyst having 3 years of experienced. we can quickly understand and support initiatives that will contribute to the goals and success of client campaigns. and also Perform keyword research in coordination with client business objectives to optimize existing content and uncover new opportunities.

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