Radiant Curable Coating Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The radiant curable coating is a combination of monomers and oligomers, which is then polymerized by using an electron beam or ultraviolet rays. The polymerized process by UV/EB is known as radiant curing, as both of these are sources of radiant energy. The radiant curable coatings are used in substrates that include paper, wood, ceramics, metal, plastic, and glass. The radiant curable coatings provide strength, flexibility, and corrosion resistance. The radiant curable coatings use different additives that will modify the functions like pigment, viscosity controls, defoamers, and wetting agents.

MARKET DYNAMICS

This type of coating provides a lot of features to the consumers, such as hardness, abrasion-resistant, rapid drying, and curing, etc. Along with these features, the coating provides low energy consumption and consistent coating quality, which drives the growth of the market. The radiant curable market is trying to implement bio-based materials in radiant curable products, which will provide new opportunities for the market to grow. The market is growing in the Asia Pacific region due to an increase in the rising population and consumer spending. The consumers are increasingly adopting low volatile organic compounds, which is eco-friendly and has non-hazardous coatings. Along with this, stringent environment regulations by the government is expected to boost the market.

MARKET SCOPE

The "Global Radiant Curable Coating Market Analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the radiant curable coating market with detailed market segmentation by type, raw materials, application and geography. The global radiant curable coating market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading radiant curable coating market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Global Radiant Curable Coating Market is segmented on the basis of raw material, type and application. On the basis of raw material, the radiant curable coating market is divided into oligomers, monomers, photo initiators and additives. On the basis of type the radiant curable coating market is segmented into ultraviolet curing and electron beam curing. On the basis of application, the market is segmented into wood, plastic, metal, paper and glass.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global radiant curable coating market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The radiant curable coating market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the radiant curable coating market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the radiant curable coating market in these regions.

MARKET PLAYERS

The reports cover key developments in the radiant curable coating market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from radiant curable coating market are anticipated to lucrative growth opportunities in the future with the rising demand for radiant curable coating in the global market. Below mentioned is the list of few companies engaged in the radiant curable coating market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the radiant curable coating market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Rahn ag.
  
•   Basf se
  
•   Allnex Netherlands B.V.
  
•   Arkema Group
  
•   DSM Coating Resins
  
•   Solvay
  
•   DIC Corporation
  
•   Dainichiseika Color & Chemicals Mfg. Co. Ltd.
  
•   Chongqing Changfeng Chemical Co.,Ltd.
  
•   Simco-Groups.
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Radiant Curable Coating Report Scope