About Optical Variable Pigments
Optically Variable Pigments (OVPs) can be used to create striking color shifting effects when incorporated into a wide range of inks, paint, molding or coating processes for decorative markets in segments like the automobile, plastic & textile industries. When applied over a surface, these change color when the viewing angle changes. Since the color shift property of these pigments is not reproducible by photocopying machines, OVPs find major applications in the printing of banknotes, cheques, security documents, etc for anti-counterfeiting purposes. Other markets like cosmetic, textile & decorative printing are also looking for new color effects to enhance public attention which will, in turn, enhance their market.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Optical Variable Pigments market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Smarol (China), Huizhou Foryou (China), Viavi Solutions (United States), FX Pigments (India), Dimacolor Industry Co. Ltd. (China), Hangzhou Emperor Pigment Co., Ltd (China), Kobo Products, Inc. (United States) and Kolorjet Chemicals (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Optical Variable Pigments market by Type (Inorganic and Organic), Application (Anti-Counterfeiting Packaging, Printing Inks, Coatings, Resin, Nail Gel, Plastic, Silicone, Security and Others) and Region.
On the basis of Type, Organic are dominating the market in the year 2024 where as Inorganic stood as second largest market share.
On the basis of application, Anti-Counterfeiting Packaging segment is dominating the market in the year 2024 where as Printing Inks segment stood as second largest market .On the basis of geography, the market of Optical Variable Pigments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Colors Available, the sub-segment i.e. Red/Green will boost the Optical Variable Pigments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Raw Materials, the sub-segment i.e. Aluminium will boost the Optical Variable Pigments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Optical Variable Pigments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Growing Demand for Special Color Effects from Decorative Markets and High Demand for Paint Applications for Automotive, Mobile Phones, Etc.
Opportunities:
High Importance Given To Packaging Aesthetics Likely To Increase Demand and Demand Likely To Increase For Anti-Counterfeiting Packaging
Key Target Audience
Optical Variable Pigments Manufacturer, Optical Variable Pigments Traders/Distributors/Suppliers, Optical Variable Pigments Raw Material Supplier, Optical Variable Pigments End-Users, Downstream Vendors, Regulatory & Government Bodies, Market Research and Consulting and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.