The ultraviolet (UV) curable coatings market is expected to witness market growth at a rate of 12.0% in the forecast period of 2021 to 2028 and is expected to reach USD 16,836.55 million by 2028. Data Bridge Market Research report on ultraviolet (UV) curable coatings market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the modernization is escalating the growth of ultraviolet (UV) curable coatings market.

Ultraviolet curing or UV curing can be referred to as a photochemical procedure applied coupled with ultraviolet light to have instant drying or curing of coatings, inks or adhesives. UV-cured coating is a mixture of oligomers and liquid monomers with a small quantity of photo initiators that are bare to UV light for quick drying. UV energy offers quicker drying of the coating as in comparison to the heat.

Major factors that are expected to boost the growth of the ultraviolet (UV) curable coatings market in the forecast period are the rise in the environmental alertness in the coatings industry. Also, the increasing of the electronics industry to upsurge the demand for UV coatings which is further anticipated to propel the growth of the ultraviolet (UV) curable coatings market. Moreover, the growing in the need for industrial wood coatings is further estimated to cushion the growth of the ultraviolet (UV) curable coatings market. On the other hand, the rise in the expense of UV coatings and dearth of alertness regarding these coatings and the decline in the need for UV curable coatings because of the COVID-19 pandemic outbreak are further projected to impede the growth of the ultraviolet (UV) curable coatings market in the timeline period.

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The major players covered in the ultraviolet radiation (UV) curable coatings market report are DSM, Akzo Nobel N.V., PPG Industries, Inc., BASF SE, The Sherwin-Williams Company, Valspar, Dymax Corporation, DIC CORPORATION, Croda International Plc, ALLNEX NETHERLANDS B.V., Jainco Industry Chemicals, Bangalore, Arkema, Ashland, Covestro AG, TOAGOSEI CO., LTD., KEYLAND POLYMER MATERIAL SCIENCES, Protech Powder Coatings Inc., Hitachi Chemical Diagnostics, Inc., Nippon Paint (India) Private Limited, and Watson Coatings, Inc., among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Scope of the Ultraviolet (UV) Curable Coatings Market Report: 

The ultraviolet radiation (UV) curable coatings market is segmented on the basis of composition, type and end use industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets. 

  • On the basis of composition, the ultraviolet radiation (UV) curable coatings market is segmented into oligomers, monomers, photoinitiators, PU dispersions and others.
  • On the basis of type, the ultraviolet radiation (UV) curable coatings market is segmented into wood coatings plastic coatings, over print varnish, display coatings, conformal coatings and paper coatings.
  • .On the basis of end use industry, the ultraviolet radiation (UV) curable coatings market is segmented into industrial coatings, electronics and graphic arts.

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Ultraviolet (UV) Curable Coatings Market Regional Analysis/Insights

The Ultraviolet (UV) Curable Coatings market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.

The countries covered in the Ultraviolet (UV) Curable Coatings market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Ultraviolet (UV) Curable Coatings within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Ultraviolet (UV) Curable Coatings market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.

 

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