UV Curable Coatings Market by Composition (Monomers, Oligomers), Type (Wood Coatings, Plastic Coatings, Over Print Varnish, Display Coatings), End Use Industry (Industrial Coatings, Electronics, Graphic Arts), Region - Global Forecast to 2025
The global UV curable coatings market size is projected to grow from USD 6.5 billion in 2020 to USD 11.4 billion by 2025, at a compound annual growth rate (CAGR) of 12.0% between 2020 and 2025. UV curable coatings is used in various end use industries in the electronics, graphic arts, and industrial coatings. UV curable coatings can be majorly classified into composition, type, and end use industry. However, the negative impact of the COVID-19 pandemic on the industrial coating industry has affected the UV curable coatings market adversely.
“Oligomers are the largest segment, in terms of value in the UV curable coatings market in terms of value.”
Monomers are projected to register the highest CAGR in terms of both value and volume between 2020 and 2025. Oligomers accounts for the largest share of the overall market. The acrylate oligomers used in UV formulations are typically viscous liquids ranging from a few thousand to more than one million centipoises in viscosity (at 25°C). They also possess two to six acrylate groups per molecule and range in molecular weight from 500 to 20,000 gram/mole approximately. The acrylate oligomers provide film properties much superior to what can be achieved with monomers alone.
“Wood coatings is the largest type of UV curable coatings in terms of value and volume.”
Various type (wood coatings, paper coatings, plastic coatings, over print varnish, display coatings, conformal coatings) are used in manufacturing of UV curable coatings. the wood coatings-based UV curable coatings accounted for 46%, in terms of value, of the overall market in 2019. Wood coatings is one of the main segments for UV curable coatings. These coatings are known for their superior durability, high gloss, scratch and abrasion resistance, and significant reduction or complete elimination of VOCs. It also enables quick curing with reduced lead times. There is high growth in the use of UV wood coatings due to its environment friendly nature.
“Industrial coatings is the largest end use industry of UV curable coatings in terms of both value and volume.”
The industrial coatings are the biggest end use industry in the UV curable coatings market. The industrial coatings segment is the largest consumer of UV curable coatings due to the growing demand for wood coatings, which is growing due to their low emission and superior quality. In industrial coatings, wood coatings, plastic coatings, and paper coatings are the major segments. Other segments of industrial coatings include resilient flooring and metal coatings. Wood coatings are the most consumed segment among all the other segments. UV curable coatings are known for high gloss whilst offering excellent adhesion and abrasion resistance, so they are widely used for high-quality coatings in the parquet, wood, and furniture industry. A wide variety of plastic products are decorated and coated with UV curable coatings to improve both their appearance and their performance.
“APAC is the leading UV curable coatings market in terms of both value and volume.”
The growth of the UV curable coatings market in APAC is driven by the increasing consumption in electronics, industrial coatings, and graphic arts end use industry. This growing consumption is attributed to the high industrial growth in countries such as China, Japan, and South Korea. China has become the largest consumer of UV curable coatings in the industrial coatings segment and is expected to strengthen its position further. APAC is the biggest and the fastest growing market for UV curable coatings, consuming almost half of the total global volume in 2019. Electronics and industrial coatings end-use segments are driving the demand for high performance coatings, which in turn is pushing the demand for UV curable coatings within the region. APAC is the most promising market for coatings and is anticipated to be the same in the near future. The significance of APAC in the chemical industry cannot be undervalued. Its large developing middle-class population derives the demand for the industry and has led to continued industrialization and a rise in the manufacturing sector of the region.
This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into the following three categories:
This report covers the global UV curable coatings market and forecasts the market size until 2025. It includes the following market segmentation – composition (oligomers, monomers, PU dispersion, photoinitiators, others), type (wood coatings, plastic coatings, display coatings, paper coatings, conformal coatings, and over print varnish), industry (industrial coatings, electronics, graphic arts), and Region (Europe, North America, APAC, and RoW). Porter’s Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global UV curable coatings market.
Key benefits of buying the report:
The report is expected to help market leaders/new entrants in this market in the following ways:
1. This report segments the global UV curable coatings market comprehensively. It provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the UV curable coatings market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, contract, expansion and acquisition.
Reasons to buy the report:
The report will help leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall UV curable coatings market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
“Oligomers are the largest segment, in terms of value in the UV curable coatings market in terms of value.”
Monomers are projected to register the highest CAGR in terms of both value and volume between 2020 and 2025. Oligomers accounts for the largest share of the overall market. The acrylate oligomers used in UV formulations are typically viscous liquids ranging from a few thousand to more than one million centipoises in viscosity (at 25°C). They also possess two to six acrylate groups per molecule and range in molecular weight from 500 to 20,000 gram/mole approximately. The acrylate oligomers provide film properties much superior to what can be achieved with monomers alone.
“Wood coatings is the largest type of UV curable coatings in terms of value and volume.”
Various type (wood coatings, paper coatings, plastic coatings, over print varnish, display coatings, conformal coatings) are used in manufacturing of UV curable coatings. the wood coatings-based UV curable coatings accounted for 46%, in terms of value, of the overall market in 2019. Wood coatings is one of the main segments for UV curable coatings. These coatings are known for their superior durability, high gloss, scratch and abrasion resistance, and significant reduction or complete elimination of VOCs. It also enables quick curing with reduced lead times. There is high growth in the use of UV wood coatings due to its environment friendly nature.
“Industrial coatings is the largest end use industry of UV curable coatings in terms of both value and volume.”
The industrial coatings are the biggest end use industry in the UV curable coatings market. The industrial coatings segment is the largest consumer of UV curable coatings due to the growing demand for wood coatings, which is growing due to their low emission and superior quality. In industrial coatings, wood coatings, plastic coatings, and paper coatings are the major segments. Other segments of industrial coatings include resilient flooring and metal coatings. Wood coatings are the most consumed segment among all the other segments. UV curable coatings are known for high gloss whilst offering excellent adhesion and abrasion resistance, so they are widely used for high-quality coatings in the parquet, wood, and furniture industry. A wide variety of plastic products are decorated and coated with UV curable coatings to improve both their appearance and their performance.
“APAC is the leading UV curable coatings market in terms of both value and volume.”
The growth of the UV curable coatings market in APAC is driven by the increasing consumption in electronics, industrial coatings, and graphic arts end use industry. This growing consumption is attributed to the high industrial growth in countries such as China, Japan, and South Korea. China has become the largest consumer of UV curable coatings in the industrial coatings segment and is expected to strengthen its position further. APAC is the biggest and the fastest growing market for UV curable coatings, consuming almost half of the total global volume in 2019. Electronics and industrial coatings end-use segments are driving the demand for high performance coatings, which in turn is pushing the demand for UV curable coatings within the region. APAC is the most promising market for coatings and is anticipated to be the same in the near future. The significance of APAC in the chemical industry cannot be undervalued. Its large developing middle-class population derives the demand for the industry and has led to continued industrialization and a rise in the manufacturing sector of the region.
This study has been validated through primary interviews conducted with various industry experts globally. These primary sources have been divided into the following three categories:
- By Company Type- Tier 1- 40%, Tier 2- 33%, and Tier 3- 27%
- By Designation- C Level- 50%, Director Level- 20, and Others- 30%
- By Region- North America- 50%, Europe- 20%, Asia Pacific (APAC) - 15%, Latin America-10%, Middle East & Africa (MEA)-5%,
- Royal DSM N.V. (Netherlands),
- PPG Industries Inc. (US),
- Akzo Nobel N.V. (Netherlands),
- BASF SE (Germany),
- The Sherwin-Williams Company (US) ,
- Axalta Coatings System (US),
- Dymax Corporation (US),
- Eternal Chemical Co. Ltd. (Taiwan),
- DIC Corporation (Japan),
- Croda International Plc (UK)
This report covers the global UV curable coatings market and forecasts the market size until 2025. It includes the following market segmentation – composition (oligomers, monomers, PU dispersion, photoinitiators, others), type (wood coatings, plastic coatings, display coatings, paper coatings, conformal coatings, and over print varnish), industry (industrial coatings, electronics, graphic arts), and Region (Europe, North America, APAC, and RoW). Porter’s Five Forces Analysis, along with the drivers, restraints, opportunities, and challenges, have been discussed in the report. It also provides company profiles and competitive strategies adopted by the major players in the global UV curable coatings market.
Key benefits of buying the report:
The report is expected to help market leaders/new entrants in this market in the following ways:
1. This report segments the global UV curable coatings market comprehensively. It provides the closest approximations of the revenues for the overall market and the sub-segments across different verticals and regions.
2. The report helps stakeholders understand the pulse of the UV curable coatings market and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to better their position in their businesses. The competitive landscape section includes the competitor ecosystem, new product development, agreement, contract, expansion and acquisition.
Reasons to buy the report:
The report will help leaders/new entrants in this market by providing them with the closest approximations of the revenues for the overall UV curable coatings market and the sub-segments. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 MARKET SCOPE
FIGURE 1 UV CURABLE COATINGS MARKET SEGMENTATION
1.2.2 YEARS CONSIDERED FOR THE STUDY
1.3 CURRENCY
1.4 UNIT CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 UV CURABLE COATINGS MARKET: RESEARCH METHODOLOGY
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.2 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
2.3 MARKET SIZE ESTIMATION
2.3.1 APPROACH 1
FIGURE 3 MARKET NUMBER ESTIMATION
2.3.2 APPROACH 2
FIGURE 4 MARKET NUMBER ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 5 UV CURABLE COATINGS MARKET: DATA TRIANGULATION
2.5 ASSUMPTIONS
2.5.1 RISK ANALYSIS
3 EXECUTIVE SUMMARY
FIGURE 6 OLIGOMERS SEGMENT DOMINATES UV CURABLE COATINGS MARKET
FIGURE 7 WOOD COATINGS ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
FIGURE 8 INDUSTRIAL COATINGS TO LEAD OVERALL MARKET BETWEEN 2020 AND 2025
FIGURE 9 APAC DOMINATES UV CURABLE COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN UV CURABLE COATINGS MARKET
FIGURE 10 HIGH DEMAND FROM INDUSTRIAL COATINGS SEGMENT TO DRIVE MARKET
4.2 UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY AND REGION
FIGURE 11 APAC AND INDUSTRIAL COATINGS TO BE LARGEST UV CURABLE COATINGS MARKETS
4.3 UV CURABLE COATINGS MARKET, BY COMPOSITION
FIGURE 12 MONOMERS DOMINATE OVERALL UV CURABLE COATINGS MARKET
4.4 UV CURABLE COATINGS MARKET, BY TYPE
FIGURE 13 WOOD COATINGS TO BE LARGEST CONSUMER OF UV CURABLE COATINGS
4.5 UV CURABLE COATINGS MARKET, KEY COUNTRIES
FIGURE 14 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN UV CURABLE COATINGS MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing environmental awareness in coatings industry
FIGURE 16 US GREENHOUSE GAS EMISSIONS, BY SECTOR
5.2.1.2 Growing electronics market to increase UV coatings demand
5.2.1.3 Increasing demand for industrial wood coatings
5.2.2 RESTRAINTS
5.2.2.1 High cost of UV coatings and lack of awareness about these coatings
5.2.2.2 Decrease in demand for UV curable coatings due to COVID-19 pandemic
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing scope in newer applications
5.2.3.2 Potential markets with low capacities
5.2.4 CHALLENGES
5.2.4.1 Cracking defects on UV curable coating products
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 17 UV CURABLE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF BUYERS
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 THREAT OF SUBSTITUTES
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.5 MARKET PATENT ANALYSIS
5.5.1 METHODOLOGY
5.5.2 DOCUMENT TYPE
FIGURE 18 PATENT PUBLICATION TRENDS: 2014-2020
FIGURE 19 PATENT JURISDICTION ANALYSIS FOR UV COATINGS, 2019
5.5.3 TOP APPLICANTS OF PATENTS
FIGURE 20 TOP APPLICANTS OF UV COATING PATENTS
5.6 TECHNOLOGY ANALYSIS
5.7 COVID-19 IMPACT ANALYSIS
5.8 PRICING ANALYSIS
5.9 REGULATORY FRAMEWORK
5.10 RAW MATERIAL ANALYSIS
5.10.1 UV CURABLE RESINS
5.10.1.1 Monomers
5.10.1.2 Oligomers
TABLE 1 OLIGOMERS: TYPES & PERFORMANCE EFFECTS
5.10.1.3 Photoinitiators
5.10.1.4 PU (Polyurethane) Dispersions
6 UV CURABLE COATINGS MARKET, BY COMPOSITION
6.1 INTRODUCTION
FIGURE 21 OLIGOMER UV CURABLE COATINGS TO DOMINATE MARKET (USD MILLION)
TABLE 2 UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 3 UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
6.2 MONOMERS
TABLE 4 MONOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 5 MONOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.3 OLIGOMERS
FIGURE 22 APAC DOMINATED OLIGOMER-BASED UV CURABLE COATINGS MARKET
TABLE 6 OLIGOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 7 OLIGOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.4 PHOTOINITIATORS
TABLE 8 PHOTOINITIATORS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 9 PHOTOINITIATORS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.5 PU DISPERSIONS
TABLE 10 PU DISPERSIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 11 PU DISPERSIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.6 OTHERS
TABLE 12 OTHER COMPOSITIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 13 OTHER COMPOSITIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7 UV CURABLE COATINGS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 23 WOOD COATINGS TO BE LARGEST TYPE OF UV CURABLE COATINGS
TABLE 14 UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 15 UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
7.2 WOOD COATINGS
FIGURE 24 APAC DOMINATED IN WOOD UV CURABLE COATINGS MARKET
TABLE 16 WOOD UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 17 WOOD UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.3 PLASTIC COATINGS
TABLE 18 PLASTIC UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 19 PLASTIC UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.4 OVER PRINT VARNISH
TABLE 20 OVER PRINT VARNISH UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 21 OVER PRINT VARNISH UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.5 DISPLAY COATINGS
TABLE 22 DISPLAY UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 23 DISPLAY UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.6 CONFORMAL COATINGS
TABLE 24 CONFORMAL UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 25 CONFORMAL UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.7 PAPER COATINGS
TABLE 26 PAPER UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 27 PAPER UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
8 UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 25 INDUSTRIAL COATINGS TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD (USD MILLION)
TABLE 28 UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 29 UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
8.2 INDUSTRIAL COATINGS
FIGURE 26 APAC DOMINATES IN INDUSTRIAL COATINGS END-USE INDUSTRY
(USD MILLION)
TABLE 30 UV CURABLE COATINGS MARKET SIZE IN INDUSTRIAL COATINGS, BY REGION, 2018–2025 (USD MILLION)
TABLE 31 UV CURABLE COATINGS MARKET SIZE IN INDUSTRIAL COATINGS, BY REGION, 2018–2025 (KILOTON)
8.3 ELECTRONICS
TABLE 32 UV CURABLE COATINGS MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2025 (USD MILLION)
TABLE 33 UV CURABLE COATINGS MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2025 (KILOTON)
8.4 GRAPHIC ARTS
TABLE 34 UV CURABLE COATINGS MARKET SIZE IN GRAPHIC ARTS, BY REGION, 2018–2025 (USD MILLION)
TABLE 35 UV CURABLE COATINGS MARKET SIZE IN GRAPHIC ARTS, BY REGION, 2018–2025 (KILOTON)
9 UV CURABLE COATINGS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 27 CHINA TO REGISTER FASTEST GROWTH DURING FORECAST PERIOD
9.1.1 UV CURABLE COATINGS MARKET SIZE, BY REGION
TABLE 36 UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
TABLE 37 UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018-2025 (KILOTON)
9.2 NORTH AMERICA
FIGURE 28 NORTH AMERICA: UV CURABLE COATINGS MARKET SNAPSHOT
9.2.1 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION
TABLE 38 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (USD MILLION)
TABLE 39 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (KILOTON)
9.2.2 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
TABLE 40 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 41 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.2.3 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE
TABLE 42 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
TABLE 43 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (KILOTON)
9.2.4 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY
TABLE 44 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
TABLE 45 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (KILOTON)
9.2.4.1 US
9.2.4.1.1 US: UV curable coatings market size, by end-use industry
TABLE 46 US: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 47 US: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.2.4.2 Canada
9.2.4.2.1 Canada: UV curable coatings market size, by end-use industry
TABLE 48 CANADA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 49 CANADA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3 EUROPE
FIGURE 29 EUROPE: UV CURABLE COATINGS MARKET SNAPSHOT
9.3.1 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION
TABLE 50 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (USD MILLION)
TABLE 51 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (KILOTON)
9.3.2 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
TABLE 52 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 53 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.3 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE
TABLE 54 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
TABLE 55 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (KILOTON)
9.3.4 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY
TABLE 56 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
TABLE 57 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (KILOTON)
9.3.4.1 Belgium
9.3.4.1.1 Belgium: UV curable coatings market size, by end-use industry
TABLE 58 BELGIUM: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 59 BELGIUM: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.2 Germany
9.3.4.2.1 Germany: UV curable coatings market size, by end-use industry
TABLE 60 GERMANY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 61 GERMANY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.3 UK
9.3.4.3.1 UK: UV curable coatings market size, by end-use industry
TABLE 62 UK: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 63 UK: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.4 Italy
9.3.4.4.1 Italy: UV curable coatings market size, by end-use industry
TABLE 64 ITALY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 65 ITALY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.5 Sweden
9.3.4.5.1 Sweden: UV curable coatings market size, by end-use industry
TABLE 66 SWEDEN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 67 SWEDEN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.6 Rest of Europe
9.3.4.6.1 Rest of Europe: UV curable coatings market size, by end-use industry
TABLE 68 REST OF EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 69 REST OF EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.4 APAC
FIGURE 30 APAC: UV CURABLE COATINGS MARKET SNAPSHOT
9.4.1 APAC: UV CURABLE COATINGS MARKET, BY COMPOSITION
TABLE 70 APAC: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 71 APAC: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
9.4.2 APAC: UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
TABLE 72 APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 73 APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.3 APAC: UV CURABLE COATINGS MARKET, BY TYPE
TABLE 74 APAC: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 75 APAC: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
9.4.4 APAC: UV CURABLE COATINGS MARKET, BY COUNTRY
TABLE 76 APAC: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 APAC: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
9.4.4.1 China
9.4.4.1.1 China: UV curable coatings market, by end-use industry
TABLE 78 CHINA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 79 CHINA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.2 Japan
9.4.4.2.1 Japan: UV curable coatings market, by end-use industry
TABLE 80 JAPAN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 81 JAPAN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.3 India
9.4.4.3.1 India: UV curable coatings market, by end-use industry
TABLE 82 INDIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
2018–2025 (USD MILLION)
TABLE 83 INDIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.4 South Korea
9.4.4.4.1 South Korea: UV curable coatings market, by end-use industry
TABLE 84 SOUTH KOREA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 85 SOUTH KOREA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.5 Rest of APAC
9.4.4.5.1 Rest of APAC: UV curable coatings market, by end-use industry
TABLE 86 REST OF APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 87 REST OF APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5 ROW
9.5.1 ROW: UV CURABLE COATINGS MARKET, BY COMPOSITION
TABLE 88 ROW: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 89 ROW: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
9.5.2 ROW: UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
TABLE 90 ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 91 ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.3 ROW: UV CURABLE COATINGS MARKET, BY TYPE
TABLE 92 ROW: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 93 ROW: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
9.5.4 ROW: UV CURABLE COATINGS MARKET, BY COUNTRY
TABLE 94 ROW: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 95 ROW: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
9.5.4.1 UAE
9.5.4.1.1 UAE: UV curable coatings market, by end-use industry
TABLE 96 UAE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 97 UAE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.4.2 Saudi Arabia
9.5.4.2.1 Saudi Arabia: UV curable coatings market, by end-use industry
TABLE 98 SAUDI ARABIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 99 SAUDI ARABIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.4.3 Others in RoW
9.5.4.3.1 Others in RoW: UV curable coatings market, by end-use industry
TABLE 100 OTHERS IN ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 101 OTHERS IN ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10 COMPETITIVE LANDSCAPE
10.1 INTRODUCTION
FIGURE 31 NEW PRODUCT LAUNCH/DEVELOPMENT AND EXPANSION ARE THE KEY GROWTH STRATEGIES ADOPTED BETWEEN 2015 AND 2020
10.2 MARKET SHARE ANALYSIS
FIGURE 32 PPG INDUSTRIES INC. LED THE UV COATINGS MARKET IN 2019
10.3 MARKET EVALUATION FRAMEWORK
10.3.1 NEW PRODUCT LAUNCH/NEW PRODUCT DEVELOPMENT
TABLE 102 NEW PRODUCT LAUNCHES/NEW PRODUCT DEVELOPMENTS, 2015–2020
10.3.2 ACQUISITION
TABLE 103 ACQUISITIONS, 2015-2020
10.3.3 EXPANSION
TABLE 104 EXPANSIONS, 2015-2020
10.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS
TABLE 105 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019
10.5 COMPANY EVALUATION MATRIX
10.5.1 STAR
10.5.2 PERVASIVE
10.5.3 PARTICIPANTS
10.5.4 EMERGING LEADERS
FIGURE 33 UV COATINGS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 34 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 35 BUSINESS STRATEGY EXCELLENCE
11 COMPANY PROFILE
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, Winning Imperatives, Development and Growth Strategies, Threat from Competition, and MNM View)*
11.1 ROYAL DSM N.V.
FIGURE 36 ROYAL DSM N.V. BUSINESS OVERVIEW
FIGURE 37 ROYAL DSM N.V.: SWOT ANALYSIS
11.2 PPG INDUSTRIES INC.
FIGURE 38 PPG INDUSTRIES INC.: BUSINESS OVERVIEW
FIGURE 39 PPG INDUSTRIES INC.: SWOT ANALYSIS
11.3 AKZONOBEL N.V.
FIGURE 40 AKZONOBEL N.V.: BUSINESS OVERVIEW
FIGURE 41 AKZONOBEL N.V.: SWOT ANALYSIS
11.4 BASF SE
FIGURE 42 BASF SE: BUSINESS OVERVIEW
FIGURE 43 BASF SE: SWOT ANALYSIS
11.5 THE SHERWIN-WILLIAMS COMPANY
FIGURE 44 THE SHERWIN-WILLIAMS COMPANY: BUSINESS OVERVIEW
FIGURE 45 THE SHERWIN-WILLIAMS COMPANY: SWOT ANALYSIS
11.6 PHICHEM MATERIAL CO., LTD.
11.7 HUIZHOU CHANGRUNFA PAINT CO., LTD
11.8 AXALTA COATINGS SYSTEMS
FIGURE 46 AXALTA COATINGS SYSTEMS: BUSINESS OVERVIEW
11.9 DYMAX CORPORATION
11.10 ETERNAL MATERIALS CO. LTD.
FIGURE 47 ETERNAL MATERIALS CO. LTD.: BUSINESS OVERVIEW
11.11 DIC CORPORATION
FIGURE 48 DIC CORPORATION: BUSINESS OVERVIEW
11.12 CRODA INTERNATIONAL PLC
FIGURE 49 CRODA INTERNATIONAL PLC: BUSINESS OVERVIEW
11.13 OTHER COMPANIES
11.13.1 ALLNEX NETHERLANDS B.V.
11.13.2 JAINCO INDUSTRY CHEMICALS
11.13.3 THE DOW CHEMICAL COMPANY
11.13.4 ACTEGA COATINGS & SEALANTS
11.13.5 ASHLAND INC.
11.13.6 BRILLIANT COATINGS SOLUTIONS
11.13.7 SOLTECH LTD.
11.13.8 DEUTSCHE DRUCKFARBEN
11.13.9 TEKNOS GROUP
11.13.10 AVM COATINGS AND CHEMICALS
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, Winning Imperatives, Development and Growth Strategies, Threat from Competition, and MNM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 MARKET SCOPE
FIGURE 1 UV CURABLE COATINGS MARKET SEGMENTATION
1.2.2 YEARS CONSIDERED FOR THE STUDY
1.3 CURRENCY
1.4 UNIT CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 2 UV CURABLE COATINGS MARKET: RESEARCH METHODOLOGY
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.2 GROWTH RATE ASSUMPTIONS/GROWTH FORECAST
2.3 MARKET SIZE ESTIMATION
2.3.1 APPROACH 1
FIGURE 3 MARKET NUMBER ESTIMATION
2.3.2 APPROACH 2
FIGURE 4 MARKET NUMBER ESTIMATION
2.4 DATA TRIANGULATION
FIGURE 5 UV CURABLE COATINGS MARKET: DATA TRIANGULATION
2.5 ASSUMPTIONS
2.5.1 RISK ANALYSIS
3 EXECUTIVE SUMMARY
FIGURE 6 OLIGOMERS SEGMENT DOMINATES UV CURABLE COATINGS MARKET
FIGURE 7 WOOD COATINGS ACCOUNTED FOR LARGEST MARKET SHARE IN 2019
FIGURE 8 INDUSTRIAL COATINGS TO LEAD OVERALL MARKET BETWEEN 2020 AND 2025
FIGURE 9 APAC DOMINATES UV CURABLE COATINGS MARKET
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES IN UV CURABLE COATINGS MARKET
FIGURE 10 HIGH DEMAND FROM INDUSTRIAL COATINGS SEGMENT TO DRIVE MARKET
4.2 UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY AND REGION
FIGURE 11 APAC AND INDUSTRIAL COATINGS TO BE LARGEST UV CURABLE COATINGS MARKETS
4.3 UV CURABLE COATINGS MARKET, BY COMPOSITION
FIGURE 12 MONOMERS DOMINATE OVERALL UV CURABLE COATINGS MARKET
4.4 UV CURABLE COATINGS MARKET, BY TYPE
FIGURE 13 WOOD COATINGS TO BE LARGEST CONSUMER OF UV CURABLE COATINGS
4.5 UV CURABLE COATINGS MARKET, KEY COUNTRIES
FIGURE 14 CHINA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN UV CURABLE COATINGS MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing environmental awareness in coatings industry
FIGURE 16 US GREENHOUSE GAS EMISSIONS, BY SECTOR
5.2.1.2 Growing electronics market to increase UV coatings demand
5.2.1.3 Increasing demand for industrial wood coatings
5.2.2 RESTRAINTS
5.2.2.1 High cost of UV coatings and lack of awareness about these coatings
5.2.2.2 Decrease in demand for UV curable coatings due to COVID-19 pandemic
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing scope in newer applications
5.2.3.2 Potential markets with low capacities
5.2.4 CHALLENGES
5.2.4.1 Cracking defects on UV curable coating products
5.3 PORTER’S FIVE FORCES ANALYSIS
FIGURE 17 UV CURABLE COATINGS MARKET: PORTER’S FIVE FORCES ANALYSIS
5.3.1 BARGAINING POWER OF BUYERS
5.3.2 BARGAINING POWER OF SUPPLIERS
5.3.3 THREAT OF NEW ENTRANTS
5.3.4 THREAT OF SUBSTITUTES
5.3.5 INTENSITY OF COMPETITIVE RIVALRY
5.4 SUPPLY CHAIN ANALYSIS
5.5 MARKET PATENT ANALYSIS
5.5.1 METHODOLOGY
5.5.2 DOCUMENT TYPE
FIGURE 18 PATENT PUBLICATION TRENDS: 2014-2020
FIGURE 19 PATENT JURISDICTION ANALYSIS FOR UV COATINGS, 2019
5.5.3 TOP APPLICANTS OF PATENTS
FIGURE 20 TOP APPLICANTS OF UV COATING PATENTS
5.6 TECHNOLOGY ANALYSIS
5.7 COVID-19 IMPACT ANALYSIS
5.8 PRICING ANALYSIS
5.9 REGULATORY FRAMEWORK
5.10 RAW MATERIAL ANALYSIS
5.10.1 UV CURABLE RESINS
5.10.1.1 Monomers
5.10.1.2 Oligomers
TABLE 1 OLIGOMERS: TYPES & PERFORMANCE EFFECTS
5.10.1.3 Photoinitiators
5.10.1.4 PU (Polyurethane) Dispersions
6 UV CURABLE COATINGS MARKET, BY COMPOSITION
6.1 INTRODUCTION
FIGURE 21 OLIGOMER UV CURABLE COATINGS TO DOMINATE MARKET (USD MILLION)
TABLE 2 UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 3 UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
6.2 MONOMERS
TABLE 4 MONOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 5 MONOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.3 OLIGOMERS
FIGURE 22 APAC DOMINATED OLIGOMER-BASED UV CURABLE COATINGS MARKET
TABLE 6 OLIGOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 7 OLIGOMERS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.4 PHOTOINITIATORS
TABLE 8 PHOTOINITIATORS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 9 PHOTOINITIATORS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.5 PU DISPERSIONS
TABLE 10 PU DISPERSIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 11 PU DISPERSIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
6.6 OTHERS
TABLE 12 OTHER COMPOSITIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 13 OTHER COMPOSITIONS IN UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7 UV CURABLE COATINGS MARKET, BY TYPE
7.1 INTRODUCTION
FIGURE 23 WOOD COATINGS TO BE LARGEST TYPE OF UV CURABLE COATINGS
TABLE 14 UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 15 UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
7.2 WOOD COATINGS
FIGURE 24 APAC DOMINATED IN WOOD UV CURABLE COATINGS MARKET
TABLE 16 WOOD UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 17 WOOD UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.3 PLASTIC COATINGS
TABLE 18 PLASTIC UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 19 PLASTIC UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.4 OVER PRINT VARNISH
TABLE 20 OVER PRINT VARNISH UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 21 OVER PRINT VARNISH UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.5 DISPLAY COATINGS
TABLE 22 DISPLAY UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 23 DISPLAY UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.6 CONFORMAL COATINGS
TABLE 24 CONFORMAL UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 25 CONFORMAL UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
7.7 PAPER COATINGS
TABLE 26 PAPER UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (USD MILLION)
TABLE 27 PAPER UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018–2025 (KILOTON)
8 UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
8.1 INTRODUCTION
FIGURE 25 INDUSTRIAL COATINGS TO BE LARGEST END-USE INDUSTRY DURING FORECAST PERIOD (USD MILLION)
TABLE 28 UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 29 UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
8.2 INDUSTRIAL COATINGS
FIGURE 26 APAC DOMINATES IN INDUSTRIAL COATINGS END-USE INDUSTRY
(USD MILLION)
TABLE 30 UV CURABLE COATINGS MARKET SIZE IN INDUSTRIAL COATINGS, BY REGION, 2018–2025 (USD MILLION)
TABLE 31 UV CURABLE COATINGS MARKET SIZE IN INDUSTRIAL COATINGS, BY REGION, 2018–2025 (KILOTON)
8.3 ELECTRONICS
TABLE 32 UV CURABLE COATINGS MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2025 (USD MILLION)
TABLE 33 UV CURABLE COATINGS MARKET SIZE IN ELECTRONICS, BY REGION, 2018–2025 (KILOTON)
8.4 GRAPHIC ARTS
TABLE 34 UV CURABLE COATINGS MARKET SIZE IN GRAPHIC ARTS, BY REGION, 2018–2025 (USD MILLION)
TABLE 35 UV CURABLE COATINGS MARKET SIZE IN GRAPHIC ARTS, BY REGION, 2018–2025 (KILOTON)
9 UV CURABLE COATINGS MARKET, BY REGION
9.1 INTRODUCTION
FIGURE 27 CHINA TO REGISTER FASTEST GROWTH DURING FORECAST PERIOD
9.1.1 UV CURABLE COATINGS MARKET SIZE, BY REGION
TABLE 36 UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018-2025 (USD MILLION)
TABLE 37 UV CURABLE COATINGS MARKET SIZE, BY REGION, 2018-2025 (KILOTON)
9.2 NORTH AMERICA
FIGURE 28 NORTH AMERICA: UV CURABLE COATINGS MARKET SNAPSHOT
9.2.1 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION
TABLE 38 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (USD MILLION)
TABLE 39 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (KILOTON)
9.2.2 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
TABLE 40 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 41 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.2.3 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE
TABLE 42 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
TABLE 43 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (KILOTON)
9.2.4 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY
TABLE 44 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
TABLE 45 NORTH AMERICA: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (KILOTON)
9.2.4.1 US
9.2.4.1.1 US: UV curable coatings market size, by end-use industry
TABLE 46 US: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 47 US: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.2.4.2 Canada
9.2.4.2.1 Canada: UV curable coatings market size, by end-use industry
TABLE 48 CANADA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 49 CANADA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3 EUROPE
FIGURE 29 EUROPE: UV CURABLE COATINGS MARKET SNAPSHOT
9.3.1 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION
TABLE 50 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (USD MILLION)
TABLE 51 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018-2025 (KILOTON)
9.3.2 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
TABLE 52 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 53 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.3 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE
TABLE 54 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (USD MILLION)
TABLE 55 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018-2025 (KILOTON)
9.3.4 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY
TABLE 56 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (USD MILLION)
TABLE 57 EUROPE: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018-2025 (KILOTON)
9.3.4.1 Belgium
9.3.4.1.1 Belgium: UV curable coatings market size, by end-use industry
TABLE 58 BELGIUM: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 59 BELGIUM: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.2 Germany
9.3.4.2.1 Germany: UV curable coatings market size, by end-use industry
TABLE 60 GERMANY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 61 GERMANY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.3 UK
9.3.4.3.1 UK: UV curable coatings market size, by end-use industry
TABLE 62 UK: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 63 UK: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.4 Italy
9.3.4.4.1 Italy: UV curable coatings market size, by end-use industry
TABLE 64 ITALY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 65 ITALY: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.5 Sweden
9.3.4.5.1 Sweden: UV curable coatings market size, by end-use industry
TABLE 66 SWEDEN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 67 SWEDEN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.3.4.6 Rest of Europe
9.3.4.6.1 Rest of Europe: UV curable coatings market size, by end-use industry
TABLE 68 REST OF EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (USD MILLION)
TABLE 69 REST OF EUROPE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018-2025 (KILOTON)
9.4 APAC
FIGURE 30 APAC: UV CURABLE COATINGS MARKET SNAPSHOT
9.4.1 APAC: UV CURABLE COATINGS MARKET, BY COMPOSITION
TABLE 70 APAC: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 71 APAC: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
9.4.2 APAC: UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
TABLE 72 APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 73 APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.3 APAC: UV CURABLE COATINGS MARKET, BY TYPE
TABLE 74 APAC: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 75 APAC: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
9.4.4 APAC: UV CURABLE COATINGS MARKET, BY COUNTRY
TABLE 76 APAC: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 77 APAC: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
9.4.4.1 China
9.4.4.1.1 China: UV curable coatings market, by end-use industry
TABLE 78 CHINA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 79 CHINA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.2 Japan
9.4.4.2.1 Japan: UV curable coatings market, by end-use industry
TABLE 80 JAPAN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 81 JAPAN: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.3 India
9.4.4.3.1 India: UV curable coatings market, by end-use industry
TABLE 82 INDIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY
2018–2025 (USD MILLION)
TABLE 83 INDIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.4 South Korea
9.4.4.4.1 South Korea: UV curable coatings market, by end-use industry
TABLE 84 SOUTH KOREA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 85 SOUTH KOREA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.4.4.5 Rest of APAC
9.4.4.5.1 Rest of APAC: UV curable coatings market, by end-use industry
TABLE 86 REST OF APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY 2018–2025 (USD MILLION)
TABLE 87 REST OF APAC: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5 ROW
9.5.1 ROW: UV CURABLE COATINGS MARKET, BY COMPOSITION
TABLE 88 ROW: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (USD MILLION)
TABLE 89 ROW: UV CURABLE COATINGS MARKET SIZE, BY COMPOSITION, 2018–2025 (KILOTON)
9.5.2 ROW: UV CURABLE COATINGS MARKET, BY END-USE INDUSTRY
TABLE 90 ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 91 ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.3 ROW: UV CURABLE COATINGS MARKET, BY TYPE
TABLE 92 ROW: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (USD MILLION)
TABLE 93 ROW: UV CURABLE COATINGS MARKET SIZE, BY TYPE, 2018–2025 (KILOTON)
9.5.4 ROW: UV CURABLE COATINGS MARKET, BY COUNTRY
TABLE 94 ROW: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (USD MILLION)
TABLE 95 ROW: UV CURABLE COATINGS MARKET SIZE, BY COUNTRY, 2018–2025 (KILOTON)
9.5.4.1 UAE
9.5.4.1.1 UAE: UV curable coatings market, by end-use industry
TABLE 96 UAE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 97 UAE: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.4.2 Saudi Arabia
9.5.4.2.1 Saudi Arabia: UV curable coatings market, by end-use industry
TABLE 98 SAUDI ARABIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 99 SAUDI ARABIA: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
9.5.4.3 Others in RoW
9.5.4.3.1 Others in RoW: UV curable coatings market, by end-use industry
TABLE 100 OTHERS IN ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (USD MILLION)
TABLE 101 OTHERS IN ROW: UV CURABLE COATINGS MARKET SIZE, BY END-USE INDUSTRY, 2018–2025 (KILOTON)
10 COMPETITIVE LANDSCAPE
10.1 INTRODUCTION
FIGURE 31 NEW PRODUCT LAUNCH/DEVELOPMENT AND EXPANSION ARE THE KEY GROWTH STRATEGIES ADOPTED BETWEEN 2015 AND 2020
10.2 MARKET SHARE ANALYSIS
FIGURE 32 PPG INDUSTRIES INC. LED THE UV COATINGS MARKET IN 2019
10.3 MARKET EVALUATION FRAMEWORK
10.3.1 NEW PRODUCT LAUNCH/NEW PRODUCT DEVELOPMENT
TABLE 102 NEW PRODUCT LAUNCHES/NEW PRODUCT DEVELOPMENTS, 2015–2020
10.3.2 ACQUISITION
TABLE 103 ACQUISITIONS, 2015-2020
10.3.3 EXPANSION
TABLE 104 EXPANSIONS, 2015-2020
10.4 REVENUE ANALYSIS OF TOP MARKET PLAYERS
TABLE 105 REVENUE ANALYSIS OF TOP MARKET PLAYERS, 2019
10.5 COMPANY EVALUATION MATRIX
10.5.1 STAR
10.5.2 PERVASIVE
10.5.3 PARTICIPANTS
10.5.4 EMERGING LEADERS
FIGURE 33 UV COATINGS MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 34 STRENGTH OF PRODUCT PORTFOLIO
FIGURE 35 BUSINESS STRATEGY EXCELLENCE
11 COMPANY PROFILE
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, Winning Imperatives, Development and Growth Strategies, Threat from Competition, and MNM View)*
11.1 ROYAL DSM N.V.
FIGURE 36 ROYAL DSM N.V. BUSINESS OVERVIEW
FIGURE 37 ROYAL DSM N.V.: SWOT ANALYSIS
11.2 PPG INDUSTRIES INC.
FIGURE 38 PPG INDUSTRIES INC.: BUSINESS OVERVIEW
FIGURE 39 PPG INDUSTRIES INC.: SWOT ANALYSIS
11.3 AKZONOBEL N.V.
FIGURE 40 AKZONOBEL N.V.: BUSINESS OVERVIEW
FIGURE 41 AKZONOBEL N.V.: SWOT ANALYSIS
11.4 BASF SE
FIGURE 42 BASF SE: BUSINESS OVERVIEW
FIGURE 43 BASF SE: SWOT ANALYSIS
11.5 THE SHERWIN-WILLIAMS COMPANY
FIGURE 44 THE SHERWIN-WILLIAMS COMPANY: BUSINESS OVERVIEW
FIGURE 45 THE SHERWIN-WILLIAMS COMPANY: SWOT ANALYSIS
11.6 PHICHEM MATERIAL CO., LTD.
11.7 HUIZHOU CHANGRUNFA PAINT CO., LTD
11.8 AXALTA COATINGS SYSTEMS
FIGURE 46 AXALTA COATINGS SYSTEMS: BUSINESS OVERVIEW
11.9 DYMAX CORPORATION
11.10 ETERNAL MATERIALS CO. LTD.
FIGURE 47 ETERNAL MATERIALS CO. LTD.: BUSINESS OVERVIEW
11.11 DIC CORPORATION
FIGURE 48 DIC CORPORATION: BUSINESS OVERVIEW
11.12 CRODA INTERNATIONAL PLC
FIGURE 49 CRODA INTERNATIONAL PLC: BUSINESS OVERVIEW
11.13 OTHER COMPANIES
11.13.1 ALLNEX NETHERLANDS B.V.
11.13.2 JAINCO INDUSTRY CHEMICALS
11.13.3 THE DOW CHEMICAL COMPANY
11.13.4 ACTEGA COATINGS & SEALANTS
11.13.5 ASHLAND INC.
11.13.6 BRILLIANT COATINGS SOLUTIONS
11.13.7 SOLTECH LTD.
11.13.8 DEUTSCHE DRUCKFARBEN
11.13.9 TEKNOS GROUP
11.13.10 AVM COATINGS AND CHEMICALS
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, Winning Imperatives, Development and Growth Strategies, Threat from Competition, and MNM View might not be captured in case of unlisted companies.
12 APPENDIX
12.1 DISCUSSION GUIDE
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
12.3 AVAILABLE CUSTOMIZATIONS
12.4 RELATED REPORTS
12.5 AUTHOR DETAILS
