Ultraviolet Curing Coatings Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Ultraviolet curing is defined as photochemical process which is deployed along with ultraviolet light to obtain quick drying or curing of inks, coatings, or adhesives. UV-cured coating is considered as a mixture of liquid monomers and oligomers consisting a small quantity of photo initiators which are exposed to UV light for instant drying. Such form of energy offers quicker drying of the coating in comparison to heat.

MARKET DYNAMICS

The Ultraviolet curing coatings market has witnessed a significant growth owing to factors rising preference towards UV cured coating over the conventional form of PVC coatings, waterborne coatings, powder coatings, and high-solids coatings. Moreover, rising consciousness towards minimizing the volatile organic compounds (VOC) emissions provides a huge market opportunity for the key players operating in the Ultraviolet curing coatings market. However, oxygen inhibition while UV curing is projected to hamper the overall growth of the Ultraviolet curing coatings market.

MARKET SCOPE

The "Global Ultraviolet Curing Coatings Market Analysis to 2031" is a specialized and in-depth study of the chemical and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the ultraviolet curing coatings market with detailed market segmentation by resin type and application type and geography. The global ultraviolet curing coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Ultraviolet curing coatings market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global ultraviolet curing coatings market is segmented on the basis of resin type and application type. On the basis of resin type, the ultraviolet curing coatings market is segmented into epoxy, polyester, urethane and other resin types. On the basis of application type, the Ultraviolet curing coatings market is segmented into automotive, printing ink, metal, wood, aerospace and other applications.

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 Ultraviolet curing coatings market based on various segments. It also provides marketsize and forecast estimates from the year 2021to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Ultraviolet curing coatings 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 Ultraviolet curing coatings market from both demand and supply side and further evaluates market dynamics affecting the marketduring 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 Ultraviolet curing coatings market in these regions.

MARKET PLAYERS

The reports cover key developments in the Ultraviolet curing coatings 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 marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Ultraviolet curing coatings market are anticipated to lucrative growth opportunities in the future with the rising demand for Ultraviolet curing coatings in the global market. Below mentioned is the list of few companies engaged in the Ultraviolet curing coatings market.

The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Ultraviolet curing coatings 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.

•   Alberdingk Boley GmbH
  
•   Allnex Belgium SA/NV
  
•   BASF SE
  
•   Covestro AG
  
•   Eternal Chemical Co. Ltd.
  
•   Hitachi Chemical Company Ltd.
  
•   Miwon Specialty Chemical Co. Ltd
  
•   Nippon Gohsei
  
•   Royal DSM N.V.
  
•   Wanhua Chemical Group Co., Ltd.
  

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.

Ultraviolet Curing Coatings Report Scope