Report Highlights
The global market for UV-curable coatings is estimated to increase from $8.2 billion in 2023 to reach $13.1 billion by 2028 with a compound annual growth rate (CAGR) of 9.6% during the forecast period of 2023-2028.
Report Includes
- 33 data tables and 25 additional tables
- An overview of the global markets and technologies for UV curable coatings
- Estimates of the market size and analyses of market trends, with data from 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
- Quantification of the market potential for UV curable coatings based on composition, end user and region
- Coverage of technical and commercial developments in the UV curable coatings industry, and an assessment of the emerging technologies
- Insight into the government regulations of paints and coatings industry, technology advancement undertaken by key players, and ESG implementation, and discussion on importance of ESG in the UV-Curable coatings market
- Analysis of patent activity, and a look into the recent industry structure, current competitive scenario, R&D activities, and legislative issues currently focused on the UV-Curable coatings market
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies
- Company profiles of major players within the industry, including Akzo Nobel N.V., BASF SE, PPG Industries Inc., The Dow Chemical Company, and Sherwin-Williams Company
Report Scope
The scope of the report includes a general outlook of the UV-curable coatings market. It examines industry standards, government and industry support, and other key factors related to the success of UV-curable coatings. This report segments the market into four major sub-segments: end use, type, composition, and region.
The material type explains the relevant and upcoming technologies covering the qualitative aspects of the market in broad detail. A detailed overview of these technologies coupled with relevant market data in terms of market size measured in dollar terms are provided. The scope of the report covers the overview of the global market for UV-curable coatings and an analysis of the global market trends, with the historic year 2021 and estimates for 2023 and 2028 with a projection of CAGR in the forecast duration. The sales values are presented in U.S. dollars. Estimated values used are based on manufacturers' total revenues.
The study also discusses the market dynamics such as drivers, restraints, opportunities, and challenges. It also examines new and emerging trends and their impact on current and future market dynamics.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2022 | ||||||||||||||||||||
| Forecast period considered | 2023-2028 | ||||||||||||||||||||
| Base year market size | $7.7 billion | ||||||||||||||||||||
| Market size forecast | $13.1 billion | ||||||||||||||||||||
| Growth rate | CAGR of 9.6% for the forecast period of 2023-2028 | ||||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||||
| Segments covered | Composition, End-use Industry, Region | ||||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Increasing demand for Waterborne UV-Coating Systems
- Growing Demand for UV-Curable Coatings in Construction Industries
- Eco-Friendly Coatings are Gaining Applications
- Growing Demand for Ultraviolet Cured Resin in Printing
- By composition (Oligomers, monomers, and photoinitiators)
- By end-use industry (Industrial coatings, packaging industry, graphic arts)
- By region (Asia Pacific, North America, Europe, RoW)
- By end-use industry, industrial coating is likely to dominate the market.
Analyst Credentials
Shabnam Singh– Associate Consultant-Advanced Materials Research Shabnam Singh is having an experience of more than eight years in chemicals & advanced materials, polymers, mining, metals & minerals, and packaging industries. She has expertise in conducting market research, business consulting, designing the title of content (TOC) and samples, the scope of study preparation, analytics and project management. She has a master's degree in Marketing and Finance from Pune University.
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