The global U.V. coatings market is expected to grow from USD 7.57 billion in 2019 to USD 16.32 billion by 2027, at a CAGR of 10.7% during the forecast period 2020-2027.
U.V. curing refers to the treatment of coatings, inks or adhesives using high-intensity ultraviolet radiation under which the underlying material is cured immediately, and no adverse effects are obtained. This photochemical process has many benefits over traditional curing & drying methods like PVC coatings. Using ultraviolet radiation decreases production time, is environment-friendly and enhances scratch & solvent resistance.
This study delivers a comprehensive analysis of type, composition, end-user and regions. The research includes growth drivers as well as challenges prevalent in the global U.V. coatings market along with the impact they will have on the overall demand during the forecasted period. Additionally, the study also includes various opportunities & threats that are present in the U.V. coatings market. The type segment comprises of conformal, paper, display, plastic, OPV, and wood. The wood segment holds the majority market share due to its increasing applications in the wood & furniture industry, green nature, low VOC (Volatile Organic Compounds), low curing time and superior quality. The highest demand for U.V. wood coatings is found in the nations of China, Germany and the USA, respectively. Based on composition, the global market has been divided into oligomers, monomers, photoinitiators, and others. On the basis of end-user, the market has been segmented into graphic arts, electronics, and industrial coatings. The industrial coatings segment is the largest as well as the fastest-growing segment. This is because of the increasing demand of plastic coatings for flooring & electronic parts. China is the largest market for industrial coatings.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific region stands as the largest market for U.V. coatings followed by Europe and then North America. It is also expected to grow at a high CAGR during the forecast period. The markets in Japan, Taiwan, India, China, and South Korea are proliferating, commanding significant shares in the regional market.
Some of the notable players in the U.V. coatings market are Dymax Corporation, Akzo Nobel N.V., Eternal Chemical Co. Ltd., PPG Industries Inc., Axalta Coatings Systems, BASF SE, Royal DSM N.V., DIC Corporation, The Sherwin-Williams Company, The Valspar Corporation, Sokan New Materials, Admat Innovations Private Limited, Jainco Industry Chemicals, Techno Concepts, Croda International Plc, Centexbel, The Dow Chemical Company, Actega Coatings & Sealants, Watson Coatings, Inc, Brilliant Coatings Solutions and Soltech Ltd., among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances, and partnerships to improve their market position in the global U.V. coatings industry.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. Fior Markets has segmented the market based on below-mentioned segments:
Global U.V. Coatings Market Analysis and Forecast, By Type
Global U.V. Coatings Market Analysis and Forecast, By Composition
Global U.V. Coatings Market Analysis and Forecast, By End-User
Global U.V. Coatings Market Analysis and Forecast, By Regional Analysis
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Type
4.3.2. Market Attractiveness Analysis By Composition
4.3.3. Market Attractiveness Analysis By End-User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Expanding electronics industry
5.3. Restraints
5.3.1. High setup cost
5.4. Opportunities
5.4.1. Technological advancements
6. Global U.V. Coatings Market Analysis and Forecast, By Type
6.1. Segment Overview
6.2. Conformal
6.3. Paper
6.4. Display
6.5. Plastic
6.6. OPV
6.7. Wood
7. Global U.V. Coatings Market Analysis and Forecast, By Composition
7.1. Segment Overview
7.2. Oligomers
7.3. Monomers
7.4. Photoinitiators
7.5. Others
8. Global U.V. Coatings Market Analysis and Forecast, By End-User
8.1. Segment Overview
8.2. Graphic Arts
8.3. Electronics
8.4. Industrial Coatings
9. Global U.V. Coatings Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global U.V. Coatings Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global U.V. Coatings Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Applications, Launches, and Developments
10.3.2. Partnerships Collaborations and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Dymax Corporation
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Akzo Nobel N.V.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Eternal Chemical Co. Ltd.
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. PPG Industries Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Axalta Coatings Systems
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. BASF SE
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Royal DSM N.V.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. DIC Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. The Sherwin-Williams Company
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. The Valspar Corporation
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Sokan New Materials
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. Admat Innovations Private Limited
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. Jainco Industry Chemicals
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Techno Concepts
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Croda International Plc
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
11.16. Centexbel
11.16.1. Business Overview
11.16.2. Company Snapshot
11.16.3. Company Market Share Analysis
11.16.4. Company Product Portfolio
11.16.5. Recent Developments
11.16.6. SWOT Analysis
11.17. The Dow Chemical Company
11.17.1. Business Overview
11.17.2. Company Snapshot
11.17.3. Company Market Share Analysis
11.17.4. Company Product Portfolio
11.17.5. Recent Developments
11.17.6. SWOT Analysis
11.18. Actega Coatings & Sealants
11.18.1. Business Overview
11.18.2. Company Snapshot
11.18.3. Company Market Share Analysis
11.18.4. Company Product Portfolio
11.18.5. Recent Developments
11.18.6. SWOT Analysis
11.19. Watson Coatings, Inc
11.19.1. Business Overview
11.19.2. Company Snapshot
11.19.3. Company Market Share Analysis
11.19.4. Company Product Portfolio
11.19.5. Recent Developments
11.19.6. SWOT Analysis
11.20. Brilliant Coatings Solutions
11.20.1. Business Overview
11.20.2. Company Snapshot
11.20.3. Company Market Share Analysis
11.20.4. Company Product Portfolio
11.20.5. Recent Developments
11.20.6. SWOT Analysis
11.21. Soltech Ltd
11.21.1. Business Overview
11.21.2. Company Snapshot
11.21.3. Company Market Share Analysis
11.21.4. Company Product Portfolio
11.21.5. Recent Developments
11.21.6. SWOT Analysis
List of Table
1. Global U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
2. Global Conformal, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
3. Global Paper, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
4. Global Display, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
5. Global Plastic, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
6. Global OPV, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
7. Global Wood, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
8. Global U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
9. Global Oligomers, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
10. Global Monomers, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
11. Global Photoinitiators, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
12. Global Others, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
13. Global U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
14. Global Graphic Arts, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
15. Global Electronics, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
16. Global Industrial Coatings, U.V. Coatings Market, By Region, 2019-2027 (USD Billion)(Kiloton)
17. North America U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
18. North America U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
19. North America U.V. Coatings Market, By End-User 2019-2027 (USD Billion)(Kiloton)
20. U.S. U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
21. U.S. U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
22. U.S. U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
23. Canada U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
24. Canada U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
25. Canada U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
26. Mexico U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
27. Mexico U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
28. Mexico U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
29. Europe U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
30. Europe U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
31. Europe U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
32. Germany U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
33. Germany U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
34. Germany U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
35. France U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
36. France U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
37. France U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
38. U.K. U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
39. U.K. U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
40. U.K. U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
41. Italy U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
42. Italy U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
43. Italy U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
44. Spain U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
45. Spain U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
46. Spain U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
47. Asia Pacific U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
48. Asia Pacific U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
49. Asia Pacific U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
50. Japan U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
51. Japan U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
52. Japan U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
53. China U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
54. China U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
55. China U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
56. India U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
57. India U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
58. India U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
59. South America U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
60. South America U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
61. South America U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
62. Brazil U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
63. Brazil U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
64. Brazil U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
65. Middle East and Africa U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
66. Middle East and Africa U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
67. Middle East and Africa U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
68. UAE U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
69. UAE U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
70. UAE U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
71. South Africa U.V. Coatings Market, By Type, 2019-2027 (USD Billion)(Kiloton)
72. South Africa U.V. Coatings Market, By Composition, 2019-2027 (USD Billion)(Kiloton)
73. South Africa U.V. Coatings Market, By End-User, 2019-2027 (USD Billion)(Kiloton)
List of Figures
1. Global U.V. Coatings Market Segmentation
2. Global U.V. Coatings Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global U.V. Coatings Market Attractiveness Analysis By Type
9. Global U.V. Coatings Market Attractiveness Analysis By Composition
10. Global U.V. Coatings Market Attractiveness Analysis By End-User
11. Global U.V. Coatings Market Attractiveness Analysis By Region
12. Global U.V. Coatings Market: Dynamics
13. Global U.V. Coatings Market Share by Type (2020 & 2027)
14. Global U.V. Coatings Market Share by Composition (2020 & 2027)
15. Global U.V. Coatings Market Share by End-User (2020 & 2027)
16. Global U.V. Coatings Market Share by Regions (2020 & 2027)
17. Global U.V. Coatings Market Share by Company (2019)
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