UV Coatings Market is forecast to grow at a CAGR of 10.1% for the forecast period of 2018 to 2025 due to the growing environmental awareness among people which driving the demand for green products and thus adding thrust to the growth of the market.
The increasing scope in new applications and potential markets with low capacities will further boost various new opportunities that will fuel the growth of the UV coatings market in the above mentioned forecast period.
UV Coatings Market Scenario
According to Data Bridge Market Research the UV coatings market is witnessing growth due to certain factors such as elevating electronics market and development in demand for industrial wood coatings. However, niche applications and low price will hinder the growth of the UV coatings market in the forecast period of 2018 to 2025.
Now the question is which are the regions that UV coatings market players should target? Data Bridge Market Research has forecasted large growth in Asia-Pacific because of the rising number of manufacturing industries in this region and increasing demand for UV coatings for electronics and industrial use.
For more analysis on the UV coatings market, request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-uv-coatings-market
UV Coatings Market Development
- In December 2019, Electrolube had launched an inventive range of UV Conformal Coatings, encapsulation resins and thermal management solutions at IPC APEX EXPO. The launch of this new range of coatings will help to enhance the product portfolio of the company.
UV Coatings Market Scope
UV coatings market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa.
- All country based analysis of the UV coatings market is further analyzed based on maximum granularity into further segmentation. On the basis of composition, the global UV coating market is segmented into monomers, oligomers, photo initiators and PU dispersions. On the basis of type, the global UV coating market is segmented into wood coatings, plastic coatings, over print varnish, display coatings, conformal coatings and paper coatings. On the basis of end-user, the global UV coating market is segmented into industrial coatings, electronics and graphic arts.
- UV coatings are used to protect from ultraviolet rays with the help of chemical reaction, a chain polymerization. Throughout the UV emission the photo initiators turn out to be highly reactive particles and crosslink with the acrylates to shape a protective plastic film. These UV coating can be prepared into a variety of substrates such as paper, glass, inks, plastics and wood products.
To know more about the study https://www.databridgemarketresearch.com/reports/global-uv-coatings-market
Key Pointers Covered in the UV Coatings Market Industry Trends and Forecast to 2025
- Market Size
- Market New Sales Volumes
- Market Replacement Sales Volumes
- Market Installed Base
- Market By Brands
- Market Procedure Volumes
- Market Product Price Analysis
- Market Cost of Care Analysis
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Market Upcoming Applications
- Market Innovators Study
Key Market Competitors Covered in the report
- Akzonobel N.V
- Royal DSM N.V
- PPG Industries Inc
- BASF SE
- Sherwin-Williams Company
- Valspar Corporation
- Axalta Coatings Systems
- Dymax Corporation
- Eternal Chemical Co. Ltd
- DIC Corporation
- Croda International Plc
- Watson Coatings, Inc
- Allnex Belgium SA/NV
- Sokan New Materials
- Dymax Corporation
- Admat Innovations Private Limited
- Techno Concepts
- Jainco Industry Chemicals
Above are the key players covered in the report, to know about more and exhaustive list of UV coatings companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-uv-coatings-market
Research Methodology of Global UV Coatings Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecast using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global Vs Regional Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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