As per a recent survey by insightSLICE, Global UV curable coatings market size is expected to reach USD 19.5 billion by 2031, exhibiting a CAGR of 10.9% during the forecast period 2021-2031.
Ultraviolet curing alludes to a photochemical cycle where extreme intensity ultraviolet light is utilized to right away fix or “dry” inks, coatings, or adhesives. UV curable coatings are likewise being used out of the manufacturing plants and in the field applications that are an immediate consequence of various enhancements in UV relieving gear and innovative changes in the business. The UV Drove relieving innovation uses in the wood coatings’ industry for edge coatings, roller coatings, and computerized printing.
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Competitive Landscape
Some of the major players in the UV Curable Coatings market are Royal DSM N.V., PPG Industries Inc., Akzo Nobel N.V., BASF SE, and The Sherwin-Williams Company, Axalta Coatings System, Dymax Corporation, Eternal Chemical Co. Ltd., DIC Corporation, and Croda International Plc , and others.
Players in the UV Curable Coatings market are mainly concentrating on new product launches, acquisition, and collaboration to meet the growing demand for various end-use industries. New product launches help companies to strengthen their product portfolio and meet the specific demands of customers.
The report discusses key information about major growth drivers, restraints, opportunities, and trends observed in the global UV Curable Coatings market. Factors such as market projections, the supply-demand ratio, market size, market attractiveness, technological advances, and key segments have been studied in detail. The UV Curable Coatings market shares, product portfolios, and business strategies of the major market players have been revealed, along with authentic statistical data, figures, charts, and tables.
Segmentation Overview:
Based on Type
- Wood Coatings
- Plastic Coatings
- Over Print Varnish
- Display Coatings
- Conformal Coatings
- Paper Coatings
- others
Based on Composition
- Oligomers
- Monomers
- Photoinitiators
- PU Dispersions
- Others
Based on End use
- Industrial Coatings
- Electronics
- Graphic Arts
- Other
Users can Expect Following From this Report:
- Impact of macro and microeconomic factors on the market: The author of report has included qualitative analysis to describe the factors impacting growth of market in a positive and negative way. Country level PESTLE analysis helps in knowing the future of market across prominent countries.
- COVID-19 impact: The global crisis has had implications on every industry. Our team of analysts has been incessantly monitoring the impact of COVID-19 on the market. There is a separate section included in the report to highlight the setbacks suffered during the crisis period.
- insightSLICE’s authentic industry forecast that are dependable for strategic decisions involving financial and marketing planning
- Industry Sectors to be Targeted: An elaborate explanation about what industry sector/s is anticipated to grow in near and long-term future. The findings are based on latest industry trends, reviews, strategic collaborations between industry players and first-hand experience of the ecosystem participants.
- Assess the market position of competitors, partners and clients via our Competitive Landscape Analysis. Strategies adopted by prominent and emerging market players, the synergies between channel partners, geographic performance of global and domestic players and similar pointers have been studied and described in this section.
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The UV Curable Coatings Report provides industry professionals and strategists, corporate analysts, associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on the market.
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