UV-Curable Coatings Market Report Scope & Overview
The UV-Curable Coatings Market size was USD 8.21 Billion in 2023 and is expected to reach USD 20.94 Billion by 2032 and grow at a CAGR of 10.97 % over the forecast period of 2024-2032.
The ultraviolet-curable coatings market is driven by the automotive and electronics sectors, which require durable, high-performance, and eco-friendly coatings. UV-curable coatings are mainly applied in the automotive industry for interior parts, exterior trims, headlights and touchscreens due to their excellent scratch resistance, high gloss finish, and fast curing property. With the rise of newer vehicle models to make them look as aesthetically pleasing and last longer, the demand for advanced protective coatings is also rising. On the flip side, UV-curable coatings are being utilized in PCBs, smartphone screens, and display panels in the electronics sector, due to their high adhesion with OLEDs and other materials functional for lower volatility, wear-resistant coatings, and electrical insulation. As electric vehicles (EVs) continue to rollout, consumer electronics grow increasingly sophisticated, and newer semiconductor components emerge, there is greater demand for high-performance coatings that can cure fast and possess minimal negative environmental impact.
Advancements in UV-LED technology are significantly transforming the UV-curable coatings market, driving efficiency, sustainability, and broader application possibilities. Unlike traditional mercury-based UV lamps, UV-LED curing systems offer several advantages, including lower energy consumption, longer operational lifespan, and reduced heat generation, making them ideal for temperature-sensitive substrates such as plastics and electronics. Additionally, UV-LED technology eliminates the production of ozone and hazardous mercury waste, aligning with global environmental regulations such as the U.S. Environmental Protection Agency (EPA) guidelines and the European Union’s REACH directives. The shift towards high-intensity UV-LED curing enables faster production speeds and enhanced coating performance, benefiting industries like automotive, packaging, and 3D printing.
According to the U.S. Department of Energy (DOE), UV-LED technology can achieve up to 70% energy savings compared to traditional curing methods, making it a cost-effective and eco-friendly alternative. As research and development efforts continue, the adoption of UV-LED curing systems is expected to accelerate, further strengthening the market for UV-curable coatings across diverse industrial applications.
Drivers
Growth in packaging and printing applications which drives the market growth.
UV-cured coatings are boosting growth in the packaging and printing market. The rapid curing, durability, and print quality of these coatings make them suitable for a range of applications. The printing industry involves a range of methods, including lithographic, flexographic, screen, and inkjet, but UV-curable inks are also used for the production of clear, sharp, and bright images. UV-curable coatings are used on many different substrates, such as paper, cardboard, plastics, glass, metal, and wood benefit the packaging industry. This flexibility enables efficient finishing on a wide range of different packaging substrates, allowing for optical and barrier functionality. In addition, the efficiency of UV and LED inks, as well as the growing use of UV inks and LED inks in food-safe applications, has led to a rapid increase in the demand for UV and LED inks in the food packaging segment. Curing LED under nitrogen is a major trend and displays the industry adapting to forward-thinking and safe practices. Such improvements in the quality and environmental benefits of UV-curable coatings, including lower VOCs, are assisting growth in the packaging and printing sectors.
Restraint
Limited material compatibility may hamper the market growth.
One of the major restraining factors for the growth of the UV curable coatings market is low material compatibility. These coatings work best on substrates with high UV light penetration that create a plastic, glass, or metal substrate. Meanwhile, rubber, opaque polymers, and thick or heavily pigmented surfaces can block UV light, and things will end up uncured or poorly adhered. However, this is a major disadvantage that limits the adoption of UV-curable coatings in industries where a wide range of materials is used, including automotive, aerospace, and consumer goods manufacturing. As such, manufacturers may be reluctant to use UV-curable coatings universally and instead continue using traditional curing methods with a broader material base. To this end, continued R&D is needed to develop UV curable coatings with more cross-linking functionality and to invent new curing technologies that could handle more substrate types.
Market segmentation
By Type
Wood coatings segment held the largest market share around 28% in 2023. This is because various factors make UV-curable coatings an excellent fit for wood applications. With so many advantages over traditional coatings such as faster cure times, better durability, and high-quality finish to enhance the natural beauty of wood, UV-curable coatings have become a popular choice for consumers. Not only this but environmentally these coatings do not require any solvents, which result in low emission of harmful gases, making them more appealing to manufacturer in their quest for sustainable solutions. Furthermore, UV-cured coatings have excellent scratch, abrasion, and weather resistance, which makes them an ideal match for wood products that experience high traffic or outdoor exposure. This is further bolstered the segment's share in the market with the increasing demand for high performance and environmentally friendly coatings for furniture, cabinetry, flooring, and other wood-based materials. The dominance of the wood applications segment can primarily be attributed to government regulations regarding environmental sustainability and the emission of low-VOC, which in turn, has led to increasing utilization of UV-curable coatings.
By Composition
The monomers segment held the largest market share around 34% in 2023. In UV-cured coatings, monomers eventually become polymerized (cured) when the APIs are exposed to ultraviolet (UV) light, thus converting the liquid film to a solid and durable finish. Then on, these monomers offer the requisite characteristics like flexibility, hardness, and chemical resistance, which are significant for all end-users such as automotive, industrial, and packaging. The rising popularity of UV-curable systems, which rely on monomers to improve performance and decrease the environmental footprint compared to conventional solvent-based coatings, has contributed to this trend toward sustainable coatings. In addition, the increasing use of UV-curable coatings in the electronics and graphic arts industries, which require rapid curing and high-performance surfaces, is positively impacting monomer demand on a large scale.
By End-Use Industry
The industrial coatings segment held the largest market share around 48% in 2023. This is especially because urbanization is the common factor for each building and construction work, thus leading to wide-scale demand in manufacturing and heavy-duty applications which necessitate durability and high-performance properties of UV curable coatings. In industrial coatings, such as automotive coatings, machinery coatings, metal coatings, and construction applications, UV-curable coatings can offer faster-curing speeds, improved chemical resistance, and environmental benefits. Sustainability and volatile organic compound (VOC) emissions are receiving more focus now than ever, which has led more users to move to UV-curable systems for a better alternative to traditional coatings within the industrial coatings segment. Moreover, the requirement of coatings that need to withstand the extreme environment including fluctuations in temperature and the ability to withstand the effects of chemicals further increases the adoption of the UV-curable coatings in this industry.
Regional Analysis
Asia Pacific held the largest market share around 38% in 2023. This is due to rapid industrialization, the development of the manufacturing sector, and the increasing demand for sustainable solutions. China, Japan, and South Korea are significant automotive, electronics, and industrial coatings industries where UV-curable coatings are used due to their high-performance and environmental friendliness. Additionally, the growth of the UV-curable coatings market in this region has been driven by a government focus on the adoption of sustainable technologies and a reduction of environmental footprint, as low-emission UV-curable coatings can replace solvent-based coatings. In addition, the growing electronics and graphic arts industries in Asia-Pacific and multiple investments in infrastructure and construction are proliferating the demand for fast-cure, wear-resistant, and high-quality finishes are UV-curable coatings. Asia-Pacific has become a major area for the market, with many local and foreign companies spending large amounts of money to meet the increasing regulatory pressure for lower VCO emissions and demand for green products, thereby reinforcing Asia-Pacific as the dominant region in the global UVC coatings market.
Key Players
Royal DSM N.V. (Netherlands)
PPG Industries Inc. (USA)
Akzo Nobel N.V. (Netherlands)
BASF SE (Germany)
The Sherwin-Williams Company (USA)
Axalta Coating Systems Ltd. (USA)
Dymax Corporation (USA)
Eternal Chemical Co. Ltd. (Taiwan)
DIC Corporation (Japan)
Croda International Plc (UK)
Nippon Paint Holdings Co., Ltd. (Japan)
ACTEGA Schmid Rhyner AG (Switzerland)
Ashland Global Holdings Inc. (USA)
PhiChem Corporation (China)
Dow (USA)
Arkema S.A. (France)
Sika AG (Switzerland)
Allnex (Germany)
Teknos Group (Finland)
Cardinal Industrial Finishes (USA)
Recent Development:
In 2023, DSM, a global leader in performance materials, introduced a new line of UV-curable resins designed specifically for the industrial coatings sector. These resins provide enhanced scratch resistance and durability, making them ideal for high-performance applications in automotive and metal coatings.
In 2022, AkzoNobel launched a new range of UV-curable coatings for the electronics industry, which are designed to meet the rising demand for energy-efficient, environmentally friendly solutions.
Report Attributes | Details |
---|---|
Market Size in 2023 | USD 8.21 Billion |
Market Size by 2032 | USD20.94 Billion |
CAGR | CAGR of 10.97% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Type (Wood Coatings, Plastic Coatings, Over Print Varnish, Display Coatings, Conformal Coatings, Paper Coatings) • By Composition (Oligomers, Monomers, Photoinitiators, PU Dispersions, Others) • By End-Use Industry (Industrial Coatings, Electronics, Graphic Arts) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Royal DSM N.V., PPG Industries Inc., Akzo Nobel N.V., BASF SE, The Sherwin-Williams Company, Axalta Coating Systems Ltd., Dymax Corporation, Eternal Chemical Co. Ltd., DIC Corporation, Croda International Plc, Nippon Paint Holdings Co., Ltd., ACTEGA Schmid Rhyner AG, Ashland Global Holdings Inc., PhiChem Corporation, Dow, Arkema S.A., Sika AG, Allnex, Teknos Group, Cardinal Industrial Finishes |
Key Drivers | •Growth in packaging and printing applications which drives the market growth. |
Restraints | •Limited material compatibility may hamper the market growth. |
Ans: The UV-Curable Coatings Market was valued at USD 8.21 Billion in 2023.
Ans: The expected CAGR of the global UV-Curable Coatings Market during the forecast period is 10.97%.
Ans: The industrial coatings will grow rapidly in the UV-Curable Coatings Market from 2024-2032.
Ans: Growth in packaging and printing applications which drives the market growth.
Ans: Asia Pacific led the UV-Curable Coatings Market in the region with the highest revenue share in 2023.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 By Typeion Capacity and Utilization, by Country, By Type, 2023
5.2 Feedstock Prices, by Country, By Type, 2023
5.3 Regulatory Impact, by l Country, By Type, 2023.
5.4 Environmental Metrics: Emissions Data, Waste Management Practices, and Sustainability Initiatives, by Region
5.5 Innovation and R&D, Type, 2023
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new Product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. UV-Curable Coatings Market Segmentation, by Type
7.1 Chapter Overview
7.2 Wood Coatings
7.2.1 Wood Coatings Market Trends Analysis (2020-2032)
7.2.2 Wood Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Plastic Coatings
7.3.1 Plastic Coatings Market Trends Analysis (2020-2032)
7.3.2 Plastic Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Over Print Varnish
7.4.1 Over Print Varnish Market Trends Analysis (2020-2032)
7.4.2 Over Print Varnish Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Display Coatings
7.5.1 Display Coatings Market Trends Analysis (2020-2032)
7.5.2 Display Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Conformal Coatings
7.6.1 Conformal Coatings Market Trends Analysis (2020-2032)
7.6.2 Conformal Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
7.7 Paper Coatings
7.7.1 Paper Coatings Market Trends Analysis (2020-2032)
7.7.2 Paper Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
8. UV-Curable Coatings Market Segmentation, by Composition
8.1 Chapter Overview
8.2 Oligomers
8.2.1 Oligomers Market Trends Analysis (2020-2032)
8.2.2 Oligomers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 Monomers
8.3.1 Monomers Market Trends Analysis (2020-2032)
8.3.2 Monomers Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 Photoinitiators
8.4.1 Photoinitiators Market Trends Analysis (2020-2032)
8.4.2 Photoinitiators Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 PU Dispersions
8.5.1 PU Dispersions Market Trends Analysis (2020-2032)
8.5.2 PU Dispersions Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 Others
8.6.1 Others Market Trends Analysis (2020-2032)
8.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
9. UV-Curable Coatings Market Segmentation, by End-Use Industry
9.1 Chapter Overview
9.2 Industrial Coatings
9.2.1 Industrial Coatings Market Trends Analysis (2020-2032)
9.2.2 Industrial Coatings Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Electronics
9.3.1 Electronics Market Trends Analysis (2020-2032)
9.3.2 Electronics Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Graphic Arts
9.4.1 Graphic Arts Market Trends Analysis (2020-2032)
9.4.2 Graphic Arts Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.4 North America UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.2.5 North America UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.6.2 USA UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.2.6.3 USA UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.7.2 Canada UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.2.7.3 Canada UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.8.2 Mexico UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.2.8.3 Mexico UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.6.3 Poland UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.7.3 Romania UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.8.3 Hungary UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.9.3 Turkey UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.5 Western Europe UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.6.3 Germany UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.7.2 France UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.7.3 France UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.8.2 UK UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.8.3 UK UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.9.3 Italy UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.10.3 Spain UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.13.3 Austria UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.5 Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.6.2 China UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.6.3 China UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.7.2 India UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.7.3 India UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.8.2 Japan UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.8.3 Japan UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.9.2 South Korea UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.9.3 South Korea UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.10.3 Vietnam UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.11.2 Singapore UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.11.3 Singapore UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.12.2 Australia UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.12.3 Australia UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.4 Middle East UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.5 Middle East UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.6.3 UAE UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.7.3 Egypt UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.9.3 Qatar UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.4 Africa UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.2.5 Africa UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.2.6.3 South Africa UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America UV-Curable Coatings Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.4 Latin America UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.6.5 Latin America UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.6.2 Brazil UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.6.6.3 Brazil UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.7.2 Argentina UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.6.7.3 Argentina UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.8.2 Colombia UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.6.8.3 Colombia UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America UV-Curable Coatings Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America UV-Curable Coatings Market Estimates and Forecasts, by Composition (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America UV-Curable Coatings Market Estimates and Forecasts, by End-Use Industry (2020-2032) (USD Billion)
11. Company Profiles
11.1 Royal DSM N.V.
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Product/ Services Offered
11.1.4 SWOT Analysis
11.2 PPG Industries Inc.
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Product/ Services Offered
11.2.4 SWOT Analysis
11.3 Akzo Nobel N.V.
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Product/ Services Offered
11.3.4 SWOT Analysis
11.4 BASF SE
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Product/ Services Offered
11.4.4 SWOT Analysis
11.5 The Sherwin-Williams Company
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Product/ Services Offered
11.5.4 SWOT Analysis
11.6 Axalta Coating Systems Ltd.
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Product/ Services Offered
11.6.4 SWOT Analysis
11.7 Dymax Corporation
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Product/ Services Offered
11.7.4 SWOT Analysis
11.8 Eternal Chemical Co. Ltd.
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Product/ Services Offered
11.8.4 SWOT Analysis
11.9 DIC Corporation
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Product/ Services Offered
11.9.4 SWOT Analysis
11.10 Croda International Plc
11.10.1 Company Overview
11.10.2 Financial
11.10.3 Product/ Services Offered
11.10.4 SWOT Analysis
12. Use Cases and Best Practices
13. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Type
Wood Coatings
Plastic Coatings
Over Print Varnish
Display Coatings
Conformal Coatings
Paper Coatings
By Composition
Oligomers
Monomers
Photoinitiators
PU Dispersions
Others
By End-Use Industry
Industrial Coatings
Electronics
Graphic Arts
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of the product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
Laminating Adhesives Market Size was valued at USD 3.54 Billion in 2023 and is expected to reach USD 5.80 Billion by 2032 and grow at a CAGR of 5.64% over the forecast period 2024-2032.
Zero Friction Coatings Market Size was valued at USD 915.6 Million in 2023 and will reach USD 1469.8 Million by 2032 & grow at a CAGR of 5.4% by 2024-2032.
Nitric Acid Market size was USD 27.36 billion in 2023 and is expected to reach USD 37.05 billion by 2032 and grow at a CAGR of 3.43% from 2024 to 2032.
Hot Melt Adhesives Market was valued at USD 8.44 billion in 2023 and is expected to reach USD 12.10 Billion by 2032, growing at a CAGR of 4.11 % from 2024-2032.
The High-Performance Alloys Market Size was valued at USD 10.69 Billion in 2023 and will reach USD 16.78 Billion by 2032 and grow at a CAGR of 5.2% over the forecast period of 2024-2032.
The Paraffin Wax Market Size was USD 8.5 Billion in 2023. It is expected to grow to USD 13.3 Billion by 2032 and grow at a CAGR of 5.2% by 2024-2032.
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