Growth Opportunities for the Global UV Cured Coatings Market by Application Type (wood, plastics, overprints, conformal coatings, others), by Chemical Type (urethane acrylates, polyester acrylates, epoxy acrylates, others), by End Use Type (industrial Coatings, electronic Coatings, graphic Arts) and Region 2016-2021

July 2016 | 151 pages | ID: G4B35B4B9D3EN
Lucintel

Abstracts

According to a new market report published by Lucintel, the future of the global UV cured coatings market looks good with opportunities in industrial, electronics and graphic arts industries. The global UV cured coatings market is forecast to grow at a CAGR of 7.0% from 2016 to 2021. The major growth drivers for this market are stringent environmental regulations, growing awareness to reduce volatile organic compounds (VOC) emissions, and growth in end use industries.

In this market, epoxy, polyester, urethane, and others are the major chemical types used in UV cured coatings applications. On the basis of its comprehensive research, Lucintel forecasts that the demand for epoxy acrylates based UV cured coatings is expected to remain the largest segment due to its better chemical and mechanical properties.

Within the UV cured coatings market, the wood coatings segment is expected to remain the largest segment by value and volume consumption. Increase in infrastructure spending, particularly for the residential and commercial sector across the globe is expected to spur growth for this segment over the forecast period. Asia Pacific is expected to remain the largest market due to economic growth, increasing investment in infrastructure in China, India and Japan, and increasing production of electronics.

Rest of the World is expected to witness highest growth over the forecast period due to growth in end use industries and increasing investments in infrastructure are projected to drive the demand. For business expansion, the report suggests innovation and new product development to reduce curing time and develop coatings with low volatile organic compounds (VOC). The report further suggests the development of partnerships with customers to create win-win situations and the development of low-cost solutions for end users.

Emerging trends, which have a direct impact on the dynamics of the market, includes the adoption of bio-based resins in the UV cured coatings market, development of high performance coatings, and adoption of powder UV cured coatings. AkzoNobel N.V., PPG Industries, SherwinWilliams Company, Valspar Corporation, and Axalta Coatings Systems are among the major suppliers of UV cured coatings. There are some companies that are opting for mer ger & acquisition as strategic initiatives for driving growth.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for the global UV cured coatings market by application type, end use type, chemical type, and region and has come up with a comprehensive research report, “Growth Opportunities for the Global UV Cured Coatings Market 2016-2021: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a spring board for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global UV cured coatings market by application type, end use type, chemical type, and region as follows:

By application type, [Volume (Million Pounds) and $ Million shipment from 2010 to 2021]:

• Wood Coatings
• Plastic Coatings
• Overprint Varnishes
• Conformal Coatings
• Other Coatings

By end use type, [Volume (Million Pounds) and $ Million shipment from 2010 to 2021]:

• Industrial Coatings
• Electronic Coatings
• Graphic Arts

By chemical type, [Volume (Million Pounds) and $ Million shipment from 2010 to 2021]:

• Epoxy Acrylates
• Polyester Acrylates
• Urethane Acrylates
• Others

By region, [Volume (Million Pounds) and $ Million shipment from 2010 to 2021]:

• North America
• Europe
• Asia Pacific
• Rest of World

This report answers following 11 key questions:

Q.1 How big the opportunities for UV cured coatings market by application type, coatings technology type, end use type, chemical type and regions?
Q.2 Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers and challenges of the market?
Q.5. What are the business risks and threats of this market?
Q.6. What are emerging trends in this market and reasons behind them?
Q.7. What are some changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are taken by key players for business growth?
Q.10. How is the competitive rivalry and threat of substitution in this market?
Q.11. How many M & A activities happened during last 1 - 2 years and what are their impacts?

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

2.1: Introduction
  2.1.1: Applications of the Global UV Cured Coatings Market
  2.1.2: Classification of the Global UV Cured Coatings Market
  2.1.3: Advantages of UV Cured Coatings Usage
  2.1.4: Difficulties in UV Cured Coatings Usage
2.2: Supply Chain

3. MARKET TRENDS AND FORECAST ANALYSIS

3.1: Market Analysis 2015
  3.1.1: Global UV Cured Coatings Market by Value and Volume
  3.1.2: Global UV Cured Coatings Market by Region in Terms of Value and Volume
3.2: Market Trends from 2010 to 2015
  3.2.1: Macroeconomic Trends
  3.2.2: Trends of the Global UV Cured Coatings Market by Value and Volume
  3.2.3: Trends of the North American UV Cured Coatings Market by Value and Volume
  3.2.4: Trends of the European UV Cured Coatings Market by Value and Volume
  3.2.5: Trends of the APAC UV Cured Coatings Market by Value and Volume
  3.2.6: Trends of the ROW UV Cured Coatings Market by Value and Volume
  3.2.7: External Forces Shaping the Global UV Cured Coatings Market
  3.2.8: Industry Drivers and Challenges
3.3: Market Forecast from 2016 to 2021
  3.3.1: Macroeconomic Forecasts
  3.3.2: Forecast for the Global UV Cured Coatings Market by Value and Volume
  3.3.3: Forecast for the North American UV Cured Coatings Market by Value and Volume
  3.3.4: Forecast for the European UV Cured Coatings Market by Value and Volume
  3.3.5: Forecast for the APAC UV Cured Coatings Market by Value and Volume
  3.3.6: Forecast for the ROW UV Cured Coatings Market by Value and Volume

4. COMPETITOR ANALYSIS

4.1: Product Portfolio Analysis
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Growth Leadership Analysis
4.6: Porter’s Five Forces Analysis

5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

5.1: Growth Opportunities Analysis
  5.1.1: Growth Opportunities for the Global UV Cured Coatings Market by Region
  5.1.2: Growth Opportunities for the Global UV Cured Coatings Market by Application Type
  5.1.3: Growth Opportunities for the Global UV Cured Coatings Market by End User Type
  5.1.4: Growth Opportunities for the Global UV Cured Coatings Market by Chemical Type
5.2: Emerging Trends in the Global UV Cured Coatings Market
  5.2.1: New Product Development
  5.2.2: Expansion Strategy
5.3: Opportunities for the Global UV Cured Coatings Market across the Globe
  5.3.1: Product-Market Growth Strategy for the Global UV Cured Coatings Market
5.4: Mergers and Acquisitions in the Global UV Cured Coatings Market

6. COMPANY PROFILES OF LEADING PLAYERS

List Of Figures

LIST OF FIGURES

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Figure 2.1: UV Cured Coatings in Wood Applications
Figure 2.2: UV Cured Coatings in Plastic Applications
Figure 2.3: UV Cured Coatings in Overprint Applications
Figure 2.4: UV Cured Coatings in Conformal Applications
Figure 2.5: UV Cured Coatings in Other Applications
Figure 2.6: Classification of the Global UV Cured Coatings Market
Figure 2.7: Supply Chain of the Global UV Cured Coatings Market

CHAPTER 3. MARKET TRENDS AND FORECAST ANALYSIS

Figure 3.1: Global UV Cured Coatings Market ($ million) Distribution by Chemical Type in 2015
Figure 3.2: Global UV Cured Coatings Market ($ Million) by Chemical Type in 2015
Figure 3.3: Global UV Cured Coatings Market (Million Pounds) Distribution by Chemical Type in 2015
Figure 3.4: Global UV Cured Coatings Market (Million Pounds) by Chemical Type in 2015
Figure 3.5: Global UV Cured Coatings Market ($ Million) Distribution by Application Type in 2015
Figure 3.6: Global UV cured Coatings Market ($ Million) by Application Type in 2015
Figure 3.7: Global UV Cured Coatings Market (Million Pounds) Distribution by Application Type in 2015
Figure 3.8: Global UV Cured Coatings Market (Million Pounds) by Application Type in 2015
Figure 3.9: Global UV Cured Coatings Market ($ million) Distribution by End Use Type in 2015
Figure 3.10: Global UV Cured Coatings Market ($ Million) by End-use Type in 2015
Figure 3.11: Global UV Cured Coatings Market (Million Pounds) Distribution by End Use Type in 2015
Figure 3.12: Global UV Cured Coatings Market (Million Pounds) by End Use Type in 2015
Figure 3.13: Global UV Cured Coatings Market ($ million) Distribution by Technology Type in 2015
Figure 3.14: Global UV Cured Coatings Market ($ Million) by Technology Type in 2015
Figure 3.15: Global UV Cured Coatings Market (Million Pounds) Distribution by Technology Type in 2015
Figure 3.16: Global UV Cured Coatings Market (Million Pounds) by Technology Type in 2015
Figure 3.17: Global UV Cured Coatings Market ($ Million) Distribution by Region in 2015
Figure 3.18: Global UV Cured Coatings Market ($ Million) Distribution by Region in 2015
Figure 3.19: Global UV Cured Coatings Market (Million Pounds) Distribution by Region in 2015
Figure 3.20: Global UV Cured Coatings Market (Million Pounds) Distribution by Region in 2015
Figure 3.21: Trends of Global GDP Growth Rate
Figure 3.22: Trends of Global Population Growth Rate
Figure 3.23: Trends of Global Inflation
Figure 3.24: Trends of Global Unemployment Rate
Figure 3.25: Trends of Regional GDP Growth Rate
Figure 3.26: Regional Population Growth Rate Trend
Figure 3.27: Trends of Regional Inflation Rate
Figure 3.28: Trends of Regional Unemployment Rate
Figure 3.29: Trends of the Global UV Cured Coatings Market ($ Million) by Chemical Type from 2010 to 2015
Figure 3.30: CAGR of the Global UV Cured Coatings Market ($ Million) by Chemical Type from 2010 to 2015
Figure 3.31: Trends of the Global UV Cured Coatings Market (Million Pounds) by Chemical Type from 2010 to 2015
Figure 3.32: CAGR of the Global UV Cured Coatings Market (Million Pounds) by Chemical Type from 2010 to 2015
Figure 3.33: Global UV Cured Coatings Market ($ Million) by Application Type from 2010 to 2015
Figure 3.34: CAGR of the Global UV Cured Coatings Market ($ Million) by Application Type from 2010 to 2015
Figure 3.35: Trends of the Global UV Cured Coatings Market (Million Pounds) by Application Type from 2010 to 2015
Figure 3.36: CAGR of the Global UV Cured Coatings Market (Million Pounds) by Application Type from 2010 to 2015
Figure 3.37: Trends of the Global UV Cured Coatings Market ($ Million) by End Use Type from 2010 to 2015
Figure 3.38: CAGR of the Global UV Cured Coatings Market ($ Million) by End Use Type from 2010 to 2015
Figure 3.39: Trends of the Global UV Cured Coatings Market (Million Pounds) by End Use Type from 2010 to 2015
Figure 3.40: CAGR of the Global UV Cured Coatings Market (Million Pounds) by End Use Type from 2010 to 2015
Figure 3.41: Trends of the North American UV Cured Coatings Market Segments by Value and Volume from 2010 to 2015
Figure 3.42: Trends of the European UV Cured Coatings Market by Value and Volume from 2010 to 2015
Figure 3.43: Trends of the APAC UV Cured Coatings Market by Value and Volume from 2010 to 2015
Figure 3.44: Trends of the ROW UV Cured Coatings Market by Value and Volume from 2010 to 2015
Figure 3.45: External Forces Shaping the Global UV Cured Coatings Market
Figure 3.46: Drivers and Challenges of the Global UV Cured Coatings Market
Figure 3.47: Forecast of Global GDP Growth Rate
Figure 3.48: Global Population Growth Rate Forecast
Figure 3.49: Forecast of Global Inflation Rate
Figure 3.50: Forecast of Global Unemployment Rate
Figure 3.51: Forecast of Regional GDP Growth Rate
Figure 3.52: Regional Population Growth Rate Forecast
Figure 3.53: Regional Inflation Rate Forecast
Figure 3.54: Forecast of Regional Unemployment Rate
Figure 3.55: Forecast for the Global UV Cured Coatings Market ($ Million) by Chemical Type from 2016 to 2021
Figure 3.56: Forecast for the Global UV Cured Coatings Market (Million Pounds) by Chemical Type from 2016 to 2021
Figure 3.57: Forecast for the Global UV Cured Coatings Market ($ Million) by Application Type from 2016 to 2021
Figure 3.58: Forecast for the Global UV Cured Coatings Market (Million Pounds) by Application Type from 2016 to 2021
Figure 3.59: Forecast for the Global UV Cured Coatings Market ($ Million) by End Use Type from 2016 to 2021
Figure 3.60: Forecast for the Global UV Cured Coatings Market (Million Pounds) by End Use Type from 2016 to 2021
Figure 3.61: Forecast for the North American UV Cured Coatings Market by Value and Value from 2016 to 2021
Figure 3.62: Forecast for the European UV Cured Coatings Market by Value and Volume from 2016 to 2021
Figure 3.63: Forecast for the APAC UV Cured Coatings Market by Value and Volume from 2016 to 2021
Figure 3.64: Forecast for the ROW UV Cured Coatings Market by Value and Volume from 2016 to 2021

CHAPTER 4. COMPETITOR ANALYSIS

Figure 4.1: Market Share Analysis of UV Cured Coatings Manufacturers in 2015
Figure 4.2: Major UV Cured Coatings Manufacturers
Figure 4.3: Growth Leadership Matrix of the Global UV Cured Coatings Market
Figure 4.4: Porter’s Five Forces Market Analysis of the Global UV Cured Coatings Market

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

Figure 5.1: Growth Opportunities for the Global UV Cured Coatings Market by Region
Figure 5.2: Growth Opportunities for the Global UV Cured Coatings Market by Application Type
Figure 5.3: Growth Opportunities for the Global UV Cured Coatings Market by End Use Type
Figure 5.4: Growth Opportunities for the Global UV Cured Coatings Market by Chemical Type
Figure 5.5: Emerging Trends in the Global UV Cured Coatings Market
Figure 5.6: Company’s Strategic Areas for Focus
Figure 5.7: Expansion of UV Cured Coatings by Major Players
Figure 5.8: Strategic Initiatives by Major Competitors in 2015
Figure 5.8: Strategic Initiatives by Major Competitors in 2015
Figure 5.9: YoY Study of the Strategic Initiatives of the Global UV Cured Coatings industry
Figure 5.10: Analysis of Business Expansion Strategies of Competing Coatings Suppliers: Ansoff Matrix
Figure 5.11: Global UV Cured Coatings Market Opportunities across the Globe
Figure 5.12: Product-Market Strategies for the Global UV Cured Coatings Market

List Of Tables

LIST OF TABLES

CHAPTER 1. EXECUTIVE SUMMARY

Table 1.1: Global UV Cured Coatings Market Parameters and Attributes

CHAPTER 2. INDUSTRY BACKGROUND AND CLASSIFICATIONS

Table 2.1: Epoxy Acrylates, Polyester Acrylates, Polyurethane Acrylates, and Other (Acrylic Acrylates) Properties
Table 2.2: Classification of the Global UV Cured Coatings Market by End User
Table 2.3: Classification of the Global UV Cured Coatings Market by Technology

CHAPTER 3. MARKET TRENDS AND FORECAST ANALYSIS

Table 3.1: Trends of the Global UV Cured Coatings Market by Value and Volume from 2010 to 2015
Table 3.2: Average Growth Rates for One, Three, and Five Years of the Global UV Cured Coatings Market in Terms of $ Shipment
Table 3.3: Market Size and 2014-2015 Growth Rates for the Global UV Cured Coatings Market by Chemical Type in Terms of Value and Volume Shipments
Table 3.4: Market Size and Annual Growth Rates during the Last Five Years (2010-2015) for the Global UV Cured Coatings Market by Segment in Terms of Value and Volume Shipments
Table 3.5: Market Size and 2014-2015 Growth Rates for the Global UV Cured Coatings Market by Application Type in Terms of Value and Volume Shipments
Table 3.6: Market Size and Annual Growth Rates during the Last Five Years (2010-2015) for the Global UV Cured Coatings Market by Application Type in Terms of Value and Volume Shipments
Table 3.7: Market Size and 2014-2015 Growth Rates for the Global UV Cured Coatings Market by End Use Type in Terms of Value and Volume Shipments
Table 3.8: Market Size and Annual Growth Rates during the Last Five Years (2010-2015) for the Global UV Cured Coatings Market by Segment in Terms of Value and Volume Shipments
Table 3.9: Trends of the North American UV Cured Coatings Market by Value and Volume from 2010 to 2015
Table 3.10: Average Growth Rates for One, Three, and Five Years of The North American UV Cured Coatings Market in Terms of $ Shipment
Table 3.11: Trends of the European UV Cured Coatings Market by Value and Volume from 2010 to 2015
Table 3.12: Average Growth Rates for One, Three, and Five Years of the European UV Cured Coatings Market in Terms of $ Shipment
Table 3.13: Trends of the APAC UV Cured Coatings Market by Value and Volume from 2010 to 2015
Table 3.14: Average Growth Rates for One, Three, and Five Years of the APAC UV Cured Coatings Market in Terms of $ Shipment
Table 3.15: Trends of the ROW UV Cured Coatings Market by Value and Volume from 2010 to 2015
Table 3.16: Average Growth Rates for One, Three, and Five Years of the ROW UV Cured Coatings Market in Terms of $ Shipment
Table 3.17: Forecast for the Global UV Cured Coatings Market by Value and Volume from 2016 to 2021
Table 3.18: Average Growth Rates for One, Three, and Five Years of the Global UV Cured Coatings Market in Terms of $ Shipment
Table 3.19: Market Size and 2015-2016 Growth Rates for the Global UV Cured Coatings Market by Chemical Type in Terms of Value and Volume Shipments
Table 3.20: Market Size and Annual Growth Rates during the Next Five Years from 2016 to 2021 for the Global UV Cured Coatings Market by Chemical Type in Terms of Value and Volume Shipments
Table 3.21: Market Size and 2015-2016 Growth Rates for the Global UV Cured Coatings Market by Application Type in Terms of Value and Volume Shipments
Table 3.22: Market Size and Annual Growth Rates during the Next Five Years from 2016 to 2021 for the Global UV Cured Coatings Market by Application Type in Terms of Value and Volume Shipments
Table 3.23: Market Size and 2015-2016 Growth Rates for the Global UV Cured Coatings Market by End-use Type in Terms of Value and Volume Shipments
Table 3.24: Market Size and Annual Growth Rates during the Next Five Years from 2016 to 2021 for the Global UV Cured Coatings Market by End Use Type in Terms of Value and Volume Shipments
Table 3.25: Forecast for the North American UV Cured Coatings Market by Value and Volume from 2016 to 2021
Table 3.26: Average Growth Rates for One, Three, and Five Years of the North American UV Cured Coatings Market in Terms of $ Shipment
Table 3.27: Forecast for the European UV Cured Coatings Market by Value and Volume from 2016 to 2021
Table 3.28: Average Growth Rates for One, Three, and Five Years of the European UV Cured Coatings Market in Terms of $ Shipment
Table 3.29: Forecast for the APAC UV Cured Coatings Market by Value and Volume from 2016 to 2021
Table 3.30: Average Growth Rates for One, Three, and Five Years of the APAC UV Cured Coatings Market in Terms of $ Shipment
Table 3.31: Forecast for the ROW UV Cured Coatings Market by Value and Volume from 2016 to 2021
Table 3.32: Average Growth Rates for One, Three, and Five Years of the ROW UV Cured Coatings Market in Terms of $ Shipment

CHAPTER 4. COMPETITOR ANALYSIS

Table 4.1: Product Mapping of UV Cured Coatings Manufacturers Based on Technology Types
Table 4.2: Product Mapping of UV Cured Coatings Manufacturers Based on Application Types
Table 4.3: Market Share of UV Cured Coatings Manufacturers in 2015
Table 4.4: Relative Presence of UV Cured Coatings Manufacturers across the Value Chain

CHAPTER 5. GROWTH OPPORTUNITY AND STRATEGIC ANALYSIS

Table 5.1: New Product Launches by Competing Coatings Companies
Table 5.2: Rating of New Product Performance Benefits by Lucintel
Table 5.3: Capability Enhancement Activities by Competitors (2010-2015)
Table 5.4: Strategic Initiatives by Major Competitors in 2015
Table 5.5: Strategic Initiatives by Major Competitors in 2014
Table 5.6: Types of Market Expansion Activities by Competitors
Table 5.7: Strategic Activities Taken by Major Coatings Manufacturers (2010-2015)