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 UV-cured coatings market. Emerging adoption of powder UV-cured coatings will continue to bolster the growth of UV-cured coatings market during the forecast period. Geographically, APAC is projected to hold a significant market share owing to 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 market, 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.
The UV-cured coatings market has been analyzed through the following segments: