What is Laser Computer to Plate (CTP)
Laser Computer to Plate (CTP) is used in the printing industry to produce printing plates for offset printing presses. In traditional offset printing, a plate is made by creating a film negative of the artwork or design to be printed. This film is then used to expose a light-sensitive printing plate, which is then chemically processed to create the image that will be published.
With Laser CTP, the negative film step is eliminated. Instead, a computer-controlled laser beam directly exposes the light-sensitive printing plate. The laser creates the image by burning away the coating on the scale where the idea will be printed.
Global Laser Computer to Plate (CTP) Market Expected to Decline
According to a recent report, the global Laser Computer to Plate (CTP) market generated $373.94 million in 2020. However, due to certain factors, the market is expected to witness a decline in revenue. It is estimated to generate $381.78 million by the end of 2021 and $277.50 million by 2027, growing at a CAGR of -5.18% during the forecast period.
The Dominance of Leading Manufacturers and Key Market Segments in the Global Laser Computer to Plate (CTP) Market
The global Laser Computer to Plate (CTP) market is dominated by leading manufacturers, including Screen, Agfa, and KODAK, which account for approximately 43% of the market share. China is the largest market for CTP, representing about 30% of the global market.
The Laser Computer to Plate market is categorized into two types of products: Offset CTP and Flexible CTP. Offset CTP is the most common type, representing over 90% of the market share. The market is also segmented by application, which includes Commercial, Newspaper Printing, and Packaging. The Commercial field is the most common application, accounting for over 50% of the market share.
Conclusion
Laser Computer to Plate (CTP) is a modern process used in the printing industry to produce high-quality printing plates for offset printing presses. The market for CTP is expected to decline in the coming years, but it is still a significant market segment, with China being the largest market for CTP.
Author's Detail
Supriya R Ghadge, LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.
Author's Detail:
Supriya Jagtap /
LinkedIn
I am working as a Senior Research Analyst, mainly involved in conducting market research in the Information and Communication, and Technology domain. Skilled in Secondary Research, Primary Research, Data Analytics Research approaches with extensive experience providing first-class results. Highly focused, have analytical skills, and synergetic with positive energizers. Meets job demands and deadlines through diligent work-ethic and dedication to quality. Works with clients to determine requirements and provide excellent service.