Global UV Fluorescing Ink Market- Overview
It has been possible for years to use ink that is invisible to the human eye. UV fluorescing ink is becoming more popular among consumers than traditional invisible ink, thanks to recent technological advancements. The human eye cannot see UV fluorescing ink in ordinary lighting; it can only be seen under UV light. In printing applications that are extremely susceptible to forgery, such as banknotes, papers, fidelity cards, revenue stamps, etc., UV fluorescing ink is a great choice for adding security.
Barcode printing frequently use UV fluorescing ink. This offers trustworthy defence against direct copying or tampering. As a result, UV fluorescing ink is widely used in a variety of industries, including those in the food and beverage, consumer goods, personal care and cosmetics, industrial products, automotive, chemical, and pharmaceutical industries. The great brightness, high light fastness, and excellent adhesion of UV fluorescing ink on a variety of substrates, including paper, plastic, cardboard, and metal, make it ideal for printing.
Due to its superior printing capabilities without copying or tampering, UV fluorescing ink market is anticipated to continue seeing strong growth. UV fluorescing ink is excellent for a variety of applications due to its adaptability. To prevent document forgeries, a number of governmental organisations print their documents using UV fluorescing inks. Many businesses use UV fluorescing inks to print bar codes and other sorts of information labels on their items, which serve as indicators that the product is authentic. In the coming ten years, these factors are anticipated to fuel the growth of the global UV fluorescing ink market.
The widespread use of UV fluorescing ink for printing barcodes and different labels in the packaging industry is projected to fuel the market's expansion. UV fluorescing ink is being considered by numerous healthcare businesses for product packaging in a variety of forms, including packs, bottles, and other products. One of the main characteristics that leads to UV fluorescing ink's great demand is its invisibility feature, which offers alternatives for invisible traceability. On products like packages, bottles, and others that may need discrete codes and brand labels, UV fluorescing ink is suited for applications requiring precise, repeatable codes and high printing resolutions. In general, the market for UV fluorescing inks is predicted to increase favourably over the coming ten years.
Rise in penetration of Internet will drive the market expansion
In growing economies of the Asia Pacific, the e-commerce sector has been established as a result of increased Internet access and a sizable young population with significant purchasing power. The use of e-commerce has grown, which has increased the demand for packaging supplies in the area. Due to their accuracy in operation, UV fluorescent inks are in high demand.
Global UV Fluorescing Ink Market- Segmental assessment
By type
• Solvent based
• Water based
• Others
By application
• Food and beverages
• Consumer goods
• Cosmetics and personal care
• Industrial goods
• Automotive
• Chemical
• Pharmaceuticals
• Electrical and electronics
• Others
Global UV Fluorescing Ink Market- Competitive landscape
The prominent companies defining the competitive terrain of this marketplace are DIC, Flint Group, Huber Group, Toyo Ink Group, Siegwerk Druckfarben, Tokyo Printing Ink, AteCe Graphic Products, Yip's Ink, Zeller Gmelin, Megami Ink Mfg, and others.
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Major questions answered in this report:
What is the CAGR rate for Global UV Fluorescing Ink Market over 2022-2030?
What are the major drivers which aid the Global UV Fluorescing Ink Market?
What are the segments of the Global UV Fluorescing Ink Market?
Which is the fastest growing region in the Global UV Fluorescing Ink Market?
What are some major strategies used by top players for the expansion of their business in the Global UV Fluorescing Ink Market?
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