The uv-cured coatings market is projected to grow at a CAGR of 6.93% during the forecast period, reaching a total market size of US$7.030 billion in 2024, from US$4.703 billion in 2018. Strict environmental regulations regarding VOC emissions are one of the major drivers of the UV-cured coatings market. Rising demand for UV-cured coatings across various industries such as automotive and electronics is further fueling the growth of the UV-cured coatings market. Emerging adoption of powder UV-cured coatings will continue to bolster the growth of the UV-cured coatings market during the forecast period. Geographically, APAC is projected to hold a significant market share owing to the booming production of electronics in the region.
The UV-Cured Coatings Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by resin type, end-user industry, and geography.
The UV-cured coatings market has been segmented based on resin type, end-user industry, and geography. By resin type, the market has been segmented on the basis of epoxy, polyester, urethane, and others. By the end-user industry, the market has been segmented as automotive, electronic, and others.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the UV-cured coatings market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the UV-cured coatings market.
|Market size value in 2018||US$4.703 billion|
|Market size value in 2024||US$7.030 billion|
|Growth Rate||CAGR of 6.93% from 2018 to 2024|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Resin Type, End-User Industry, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Akzo Nobel N.V., PPG Industries, Inc., DSM, Watson Coatings, Inc., Sandstrom Products Company, Electrolube, INDUSTRIA CHIMICA ADRIATICA SpA, The Sherwin- Williams Company, Dymax Corporation, Nippon Paint Holdings|
|Customization scope||Free report customization with purchase|
The UV-cured coatings market has been analyzed through the following segments:
Frequently Asked Questions (FAQs)
Q1. What will be the UV-cured coatings market size by 2024?
A1. The UV-cured coatings market is projected to reach a total market size of US$7.030 billion by 2024.
Q2. What is the size of the global UV-cured coatings market?
A2. UV-Cured Coatings Market was valued at US$4.703 billion in 2018.
Q3. What are the growth prospects for the UV-cured coatings market?
A3. The global UV-cured coatings market is projected to grow at a CAGR of 6.93% during the forecast period.
Q4. Which region holds the largest market share in the UV-cured coatings market?
A4. Geographically, APAC is projected to hold a significant share in the UV-cured coatings market owing to the booming production of electronics in the region.
Q5. What factors are anticipated to drive the UV-cured coatings market growth?
A5. Strict environmental regulations regarding VOC emissions are one of the major drivers of the UV-cured coatings market.
Akzo Nobel N.V.
Watson Coatings, Inc.
Sandstrom Products Company
INDUSTRIA CHIMICA ADRIATICA SpA
The Sherwin-Williams Company
Nippon Paint Holdings
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