Overprint Varnish Market: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2025

Published Date: 08-Aug-2019 Category: Chemical & Materials Report Format : PDF Pages: 110 Report Code: ZMR-4566 Status : Published

Global demand for the overprint varnish market was valued at approximately USD 803.11 million in 2018 and is anticipated to generate revenue of around USD 1,487.08 million by end of 2025, growing at a CAGR of around 9.2% between 2019 and 2025.

Description

The report covers forecast and analysis for the overprint varnish market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD million) and volume (Kilotons). The study includes drivers and restraints for the overprint varnish market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities and various trends in the overprint varnish market on a global as well as regional level.

As per the report, the global demand for the overprint varnish market was valued at approximately USD 803.11 million in 2018 and is anticipated to generate revenue of around USD 1,487.08 million by end of 2025, growing at a CAGR of around 9.2% between 2019 and 2025.

Global Overprint Varnish Market

Overprint varnishes (OPVs) are coatings applied to a ready-printed sheet/web. The main reasons for applying an overprint varnish are stain resistance, shine enrichment, burnish or scuff-resistance, edge fusion resistance, and resistance to discoloration from the immersion of impurities in the environment.

The global overprint varnish market is experiencing significant growth that is anticipated to continue over the upcoming years. Massive rise in demand for overprint remove toxin or pollutants across several end-user industries like automotive, oil & gas, mining, forestry, etc. is likely to act as a key driver of the market. The global overprint varnish market is anticipated to grow at a substantial rate in the forecast period. The positive government outlooks for overprint varnish along with the ongoing industrialization across the world is anticipated to be the major driver for the global overprint varnish market within the forecast period. The huge installation cost of heavy tools for excavation coupled with the slow execution of overprint varnish regulations are several restraint factors that hamper the growth of the global overprint varnish market in the forecast period. Technological advancements along with the rising ecofriendly overprint varnishes are going to open new opportunities for future growth in the overprint varnish market. 

The global overprint varnish market is mainly segmented into type, application, and region. By type, the global overprint varnish market is mainly segmented into water-based overprint varnish and UV curable overprint varnishes. By application, the global overprint varnish market is mainly segmented into commercial prints, food, labels, pharmaceuticals, and others.

In terms of revenue, the Asia Pacific was the leading region in 2018. The Asia Pacific is anticipated to be the fastest-growing market for overprint varnish over the next few years owing to the rising urbanization as well as industrialization in the region.

The major players of the global overprint varnish market include Van Son Ink Corporation, Altana, Zeller+Gmelin Group, Michelma, Toyo Ink, CHT/BEZEMA, Huber Group, Eston Chimica, Anwin Technology Co.,Ltd, American Offset Printing Ink, As Inc. Co. Ltd., BRANCHER, Superior Printing Inks, JPT Corporation, and Imperial Ink Private Limited, among others.

By Type

  • UV Curable Overprint Varnishes
  • Water Based Overprint Varnish

By Application

  • Commercial prints
  • Labels
  • Food
  • Pharmaceuticals
  • Others

By Region

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

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