Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1784.59 Million | USD 3,476.30 Million | 7.69% | 2023 |
The global overprint varnish market size was worth around USD 1784.59 million in 2023 and is predicted to grow to around USD 3,476.30 million by 2032 with a compound annual growth rate (CAGR) of roughly 7.69% between 2024 and 2032.
The report covers forecasts and analysis for the Overprint Varnish Market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD million) and volume (Kilotons).
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 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.
The global overprint varnish market is experiencing significant growth that is anticipated to continue over the upcoming years. The massive rise in demand for overprint to remove toxins 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 eco-friendly overprint varnishes are going to open new opportunities for future growth in the overprint varnish market.
Report Attributes | Report Details |
---|---|
Report Name | Overprint Varnish Market Research Report |
Market Size in 2023 | USD 1784.59 Million |
Market Forecast in 2032 | USD 3,476.30 Million |
Growth Rate | CAGR of 7.69% |
Number of Pages | 110 |
Key Companies Covered | 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, Imperial Ink Private Limited |
Segments Covered | By Application, By Type, And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
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.
By region, the Asia Pacific was the leading region in 2023. 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 in the global overprint varnish market include
By Type
By Application
By Region
FrequentlyAsked Questions
Overprint varnish is a form of clear ink or coating that is applied over the top of printed material to protect it from damage and enhance its appearance.
As per the report, the global demand for the overprint varnish market was valued at approximately USD 1784.59 million in 2023 and is anticipated to generate revenue of around USD 3,476.30 million by end of 2032.
The global overprint varnish market is anticipated to record a CAGR of nearly 7.69% from 2024 to 2032.
The major players in 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.
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