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Overprint Varnishes Market Size, Share & Industry Analysis, By Product (UV curable Varnish, Water-based Varnish, Solvent-based Varnish), By End-Use (Commercial prints, Labels, Food containers, Pharmaceuticals, Others) and Regional Forecast, 2024-2032

Region :Global | Report ID: FBI103427 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

Overprint varnishes are the varnishes that are applied to the printed pieces as a protective coating. It can either be used as part of finishing process or be used to enhance the aesthetics of the printed object. The varnish protects the substrate from abrasion, moisture, and potential damage. It gives the substrate resistance to stains, discoloration, edge fusion, and scuff.


The increasing demand from various end-use sectors attributed to the superior properties like stain resistance, moisture barrier is likely to create demand for such varnishes. Additionally, the increasing demand for UV curable overprint varnishes for different applications which substantially is driving the global overprint varnish market.

However, growth of the overprint varnishes market is expected to limit due to the high installation cost of the heavy tools used in excavation.

Key Market Driver -

Increasing demand from end-use industries.

Key Market Restraint -

High installation cost.


Market Segmentation:


Based on product, the market is segmented into UV curable overprint varnish, solvent-based, and water-based overprint varnish. Based on end-use, the market is segmented into commercial prints, labels, food containers, pharmaceuticals, and others.

From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Key Players Covered:


The global overprint varnishes market consists of global & regional players operating. Some of the key players in the market include Van Son Ink Corporation, Michelman, BASF, Huber Group, Anwin Technology Co. Ltd., Imperial Ink Private Limited, American Offset Printing Ink, Altana, Toyo Ink, and Others.

Key Insights



  • New Advancements in Production Technologies

  • Key Trends in the Overprint Varnishes Market

  • New Product Launches, Expansions, Key Players

  • Ranking of Key Players in the Market


Regional Analysis:


The market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific is accounted to hold the largest share attributed to the rapid industrialization and urbanization in countries like India, China, and South Korea. North America is estimated to be second-largest market due to the large number of manufacturers. Europe is expected to show significant growth due to the increasing demand from automotive and general industries. Latin America and Middle East and Africa are expected to show considerable growth by the end of the forecast period.

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Segmentation






















 ATTRIBUTE

  DETAILS

By Product



  • UV curable Varnish

  • Water-based Varnish

  • Solvent-based Varnish



By End-Use



  • Commercial prints

  • Labels

  • Food containers

  • Pharmaceuticals

  • Others



By Geography



  • North America (U.S., and Canada)

  • Europe (UK, Russia, Germany, France, and Rest of Europe)

  • Asia Pacific (Japan, China, India, South Korea, and Rest of Asia Pacific)

  • Latin America (Mexico, Brazil, and Rest of Latin America)

  • Middle East & Africa (Saudi Arabia, UAE, South Africa, and Rest of Middle East & Africa)



Overprint Varnishes Industry Developments



  • In November 2018, Altana invested in Velox, an Israeli company which deals in digital printing to expand its technology and investment portfolio.

  • In February 2018, DIC corporation acquired Luminescence Holdings Ltd, a manufacturer of stamps, currency, passport, ID cards, secured documents, and brand protection inks. This acquisition expanded the global reach of DIC corporation along with the expansion of product offerings





  • Ongoing
  • 2023
  • 2019-2022

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