Global Overprint Varnish Market By Type (UV Curable Overprint Varnish, Water Based Overprint Varnish, And Solvent Based Overprint Varnish), By Application (Commercial prints, Labels, Food, and Pharmaceuticals), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019-2028

Market.us announces publication of its most recently generated research report titled, “Global Overprint Varnish Market by Type (UV curable Overprint Varnish, Water based Overprint Varnish, and Solvent based Overprint Varnish), By Application (Commercial prints, Labels, Pharmaceuticals, Packaging and Other Applications), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global overprint varnish market through systematic segmentation that covers every aspect of the target market.

The Global Overprint Varnish Market is projected to be US$ 870.9 Mn in 2019 to reach US$ 2,090.8 Mn by 2029 at a CAGR of 9.2 %.

Varnishing is a colorless, transparent printing ink formulation without pigments. The overprint varnish technique is applied to a printed piece as a coating after printing. Overprint varnishing is typically performed either on press or as part of the finishing processes for protecting the printing from moisture, abrasion, or other potential sources of damage. Overprint varnishes dry by, oxidation, UV curing, or evaporation. Varnishes and adhesives can be water-based, high-solids, UV-curable or solvent free. The advantages of overprint varnish are, it offers high glossy texture on the labels, enhance the surface design as well as to protect the printed surface, dry quickly, settle fast, has good abrasion resistance, and others.

Global Overprint Varnish Market Revenue (US$ Mn), 2019–2029 

Overprint varnish is widely used in printing label for commercial applications such as, at supermarkets, strip malls, hospitals, and others in order to protect and enhance the appearance of the products. Increasing in demand for commercial prints to attract customer is projected to increase demand for overprint varnish over the forecast period.

Although Fluctuating raw material prices used for overprint varnish paint such as polyethylene, wax, Styrene-acrylate-dispersion, etc. is a major factor expected to restrain the growth of the global overprint varnishes market to a significant extent. Nonetheless, increasing investment for research and development activities in printing & coating industry development of new technologically advanced printing solution catering changing needs of customers in various sector. This is expected to create a lucrative opportunity for the major players as well as for new entrants operating in the global overprint varnish market.

Global overprint varnish market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into UV curable Overprint Varnish, Water based Overprint Varnish, and Solvent based Overprint Varnish. The Water based Overprint Varnish segment accounts for the majority share and is expected to witness major share in terms of revenue over forecast period, followed by UV curable Overprint Varnish segment. On the basis of application, the market is segmented into Commercial prints, Labels, Pharmaceuticals, Packaging, and other Applications. The Packaging segment accounts for a majority share in the global overprint varnish market.

Global Overprint Varnish Market Attractiveness Index by Type, 2018

On the basis of region, the market is segmented into North America, Europe, APAC, South America and Middle East Africa. Based on the region, APAC is the mature market due to Increasing applications of overprint varnish technique in various end-user industry such as automotive industry for vehicle body coating, scratch resistant coating, and others. APAC is followed by Europe owing to higher adoption of overprint varnish techniques for packaging of various food, cosmetics, and other products, due to performance attributes such as ink adhesion, high gloss, direct food contact, grease and water resistance, heat seal lidding, printability, and low odor. The research report on the global overprint varnish market includes profiles of some of major companies such as ALTANA AG, DIC Corporation, Michelman Incorporated, CHTR Beitlich GmbH, Eston Chimica S.r.l., Heidelberger Druckmaschinen AG (Hi-Tech Coatings), Conzzeta AG (Schmid Rhyner AG), Anwin Group, Van Son Holland Ink Corporation of America, Zeller+Gmelin GmbH & Co. KG, Toyo Ink Group and Hubergroup.

Key Market Segments

Type

• UV curable Overprint Varnish
• Water based Overprint Varnish
• Solvent based Overprint Varnish

Application

• Commercial prints
• Labels
• Pharmaceuticals
• Packaging

Key Market Players included in the report:

• ALTANA AG
• DIC Corporation
• Michelman Incorporated
• CHTR Beitlich GmbH
• Eston Chimica S.r.l.
• Heidelberger Druckmaschinen AG (Hi-Tech Coatings)
• Conzzeta AG (Schmid Rhyner AG)
• Anwin Group
• Van Son Holland Ink Corporation of America
• Zeller+Gmelin GmbH & Co. KG
• Toyo Ink Group and Hubergroup

For the Overprint Varnish Market research study, the following years have been considered to estimate the market size: