UV curable coatings are a type of coating that is cured or hardened using ultraviolet (UV) light. These coatings are applied as a liquid and then exposed to UV light, which triggers a photochemical reaction that causes the coating to harden and form a protective layer. UV curable coatings offer several advantages over traditional coatings, including faster curing times, improved scratch and chemical resistance, and reduced environmental impact. They are commonly used in applications such as automotive coatings, wood coatings, and packaging coatings. According to the latest data, the market size of the global UV curable coatings sector is expected to rise by USD 3.5 billion with a CAGR of 7.3% by the end of 2029.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global UV curable coatings market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, end user, and region. The global market for UV curable coatings can be segmented by component: monomers, oligomers, photoinitiators, others. The monomers segment was the largest contributor to the global UV curable coatings market in 2022. UV curable coatings market is further segmented by end user: aerospace, automotive, electronics, paper and packaging, printing and graphic arts, wood, others. According to the research, the wood segment had the largest share in the global UV curable coatings market. Based on region, the UV curable coatings market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest revenue share in 2022.
By component: monomers, oligomers, photoinitiators, others
By end user: aerospace, automotive, electronics, paper and packaging, printing and graphic arts, wood, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report explores the recent developments and profiles of key vendors in the Global UV Curable Coatings Market, including Akzo Nobel N.V., Axalta Coating Systems, Ltd., BASF SE, Cardinal Paint and Powder, Inc., DIC Corporation, Dymax Corporation, Koninklijke DSM N.V., Nippon Paint Holdings Co., Ltd., PPG Industries, Inc., Sherwin-Williams Company, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
▹ To analyze and forecast the market size of the global UV curable coatings market.
▹ To classify and forecast the global UV curable coatings market based on component, end user, region.
▹ To identify drivers and challenges for the global UV curable coatings market.
▹ To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global UV curable coatings market.
▹ To identify and analyze the profile of leading players operating in the global UV curable coatings market.
Why Choose This Report
▹ Gain a reliable outlook of the global UV curable coatings market forecasts from 2023 to 2029 across scenarios.
▹ Identify growth segments for investment.
▹ Stay ahead of competitors through company profiles and market data.
▹ The market estimate for ease of analysis across scenarios in Excel format.
▹ Strategy consulting and research support for three months.
▹ Print authentication provided for the single-user license.