Photographic chemicals materials have high demand from various sectors such as business sectors and consumer sectors which is anticipated to drive growth of the global photographic chemicals market significantly during the forecast period.
The global photographic chemicals market report has been segmented on the basis of type, end user, and region.
On the basis of type, the global photographic chemicals market has been segmented into acetic acid, cadmium bromide, silver bromide, sodium sulphide, and selenium dioxide. The sodium sulphide photographic chemicals segment is expected to account for major share in terms of revenue in the global photographic chemicals market over the forecast period.
On the basis of end user, the global photographic chemicals market has been segmented into consumer and business. The business segment is estimated to account for significant share in the global photographic chemicals market in terms of revenue, owing increasing demand from advertising industry. Also, business segment is projected to register fastest growth over the forecast period, owing to its increasing use in various business sectors.
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On the basis of region, the global photographic chemicals market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Market in North America is expected to account for major revenue share in the global photographic chemicals market. Photographic chemicals market in Asia Pacific is anticipated to register fastest growth in terms of revenue in the next five years, owing to increasing utilization of print media such as banners and hoardings for advertising in this region. Europe is expected to have decelerated market growth over the forecast period, due to stringent environment protection rules and regulations in the region.
Key players operating in the global market include Sinex Systems Private Limited, Solutek Corporation, Photo Chemical Systems, Huntsman International LLC., Fujifilm Corporation, BASF SE, Ace Chemicals, Bostick & Sullivan, Inc., and CJ chemicals.