According to a market report by Lucintel, the future of the UV coating market looks promising with opportunities in the industrial coating, electronics, and graphic art industries. The 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.
To download report brochure, please go to https://www.lucintel.com/global-uv-coating-market.aspx and click "report brochure" tab from the menu.
Wood coatings, plastic coatings, conformal coatings, display coatings, paper coatings, and overprint varnish are the major product type of the UV coating market. Wood coatings are the largest product type.
Within the UV coating market, industrial coatings, electronics, and graphic arts are the major end use industries. Industrial coatings are the largest end use segment for UV coatings.
Monomers, oligomers, photoinitiators, PU dispersions, and others are the major composition type segments of the UV coating market.
Asia Pacific will remain the largest market over the forecast period due to growing demand from the electrical & electronics industry.
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., and DIC Corporation are among the major manufacturers of UV coatings.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the UV coating market by composition, product type, end use industry, and region. Lucintel has prepared a comprehensive research report entitled "UV Coating Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the UV coating market 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 Coatings
Plastic Coatings
Conformal Coatings
Display Coatings
Paper Coatings
Overprint 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
United States
Canada
Mexico
Europe
Asia Pacific
The Rest of the World
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/global-uv-coating-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.