UV Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis

Trends, opportunities and forecast in the global UV coating market to 2024 by composition (monomers, oligomers, photoinitiators, PU dispersions, and other), product type (wood coatings, plastic coatings, conformal coatings, display coatings, paper coatings, and overprint varnish), end use industry (industrial coatings, electronics, and graphic arts), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Publisher: Lucintel Published: May 2026
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UV Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis

Report Feature

The future of the UV coating market looks promising with opportunities in the industrial coating, electronics, and graphic art industries. The global UV coating market is expected to grow with a CAGR of 10% from 2019 to 2024. The major growth drivers for this market are increasing environmental awareness of green products, growing electronics and industrial market.

A more than 150 page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of UV coatings market report download the report brochure









The study includes the UV coatings market size and forecast for the global UV Coatings market through 2024, segmented by composition, product type, end use industry, and region as follows:

By Composition: [$M shipment analysis for 2013 – 2024]:
  • Monomers
  • Oligomers
  • Photoinitiators
  • PU Dispersions
  • Other

By Product Type: [$M shipment analysis for 2013 – 2024]:
  • Wood Coating
  • Plastic Coatings
  • Conformal Coatings
  • Display Coatings
  • Paper Coatings
  • Over Print Varnish

By End-Use Industry: [$M shipment analysis for 2013 – 2024]:
  • Industrial Coatings
  • Electronics
  • Graphic Arts

By Region [$M shipment analysis for 2013 – 2024]:
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Spain
    • France
    • United Kingdom
    • Russia
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • The Rest of the World

Some of the UV coatings companies profiled in this report include Akzonobel N.V., Royal DSM N.V., PPG Industries Inc., BASF SE, the Sherwin-Williams Company, the Valspar Corporation, Axalta Coatings Systems, Dymax Corporation, Eternal Chemical Co. Ltd., and DIC Corporation, and others

Some of the features of "Global UV Coatings Market 2019-2024: trends, forecast, and opportunity analysis" include
  • Market size estimates: Global UV coatings market size estimation in terms of value ($M) shipment.
  • Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by end use industry
  • Segmentation analysis: Global market size by composition, product type, end use industry, and region
  • Regional analysis: Global UV coatings market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
  • Growth opportunities: Analysis on growth opportunities in different applications and regions for UV coatings in the global UV coatings market.
  • Strategic analysis: This includes M&A, new product development, and competitive landscape for, UV coatings in the global UV coatings market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global UV coatings market by composition (monomers, oligomers, photoinitiators, PU dispersions, and other), product type (wood coatings, plastic coatings, conformal coatings, display coatings, paper coatings, and over print varnish), end-use industry (industrial coatings, electronics, and graphic arts), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which regions 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 UV coatings market?
Q.5 What are the business risks and threats to the UV coatings market?
Q.6 What are emerging trends in this UV coatings market and the reasons behind them?
Q.7 What are some changing demands of customers in the UV coatings market?
Q.8 What are the new developments in the UV coatings market? Which companies are leading these developments?
Q.9 Who are the major players in this UV coatings market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this UV coatings area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, UV coatings market?

Table of Contents

1. Executive Summary 2. Industry Background and Classifications 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
4.2.1 Market by Composition: Monomers, Oligomers, Photoinitiators, PU Dispersions, Other 4.2.2: Market by Product Type: Wood Coatings, Plastic Coatings, Conformal Coatings, Display Coatings, Paper Coatings, and Over Print Varnish 4.2.3: Market by End-Use Industry: Industrial Coatings, Electronics, and Graphic Arts 4.2.4: Market by Country: US, Canada, and Mexico
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis 7. Company Profiles of Leading Players 7.1: Akzonobel N.V. 7.2: Royal DSM N.V. 7.3: PPG Industries Inc. 7.4: BASF SE 7.5: Sherwin-Williams Company 7.6: Valspar Corporation 7.7: Axalta Coatings Systems 7.8: Dymax Corporation 7.9: Eternal Chemical Co. Ltd. 7.10: DIC Corporation

Methodology

Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process. 
 

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