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
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The study objectives of this report are:
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