Lucintel anticipates that Asia Pacific will be the fastest growing region in the UV coating market

   October 23, 2019
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 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

    • United Kingdom

    • Germany

  • Asia Pacific

    • Japan

    • China

  • 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 or

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

Lucintel Corporate Customers

Market Entry, M & A, Opportunity Screening,...

Private Equity Customers

Buy Side Services (target screening, due diligence, ..)

Market Research Reports

Aerospace & Defense [53]
Chemical [264]
Composites & Advanced Materials [171]
Construction & Industrial [76]
Consumer and Retail [140]
Economic Analysis [86]
Energy & Utility [73]
Finance & Services [10]
Healthcare [79]
Media & Entertainment [16]
Metals & Mining [17]
Technology & Telecommunication [166]
Transportation [143]

Customer Quotes

"With more than 20 years experience in the industry, this is the first time we have come across such an extensive market analysis for our industry." Ven Cote, CEO, ZCL

"The insights we gained from Lucintel work helped with our business plan…a wonderful professional job…" Mike Jackson, Stahlin

"The report from Lucintel is useful not only for business planners, but also for the technology officers wanting to create a roadmap …" Dr. Giulio Ranzo, Booz Allen

"The information is so comprehensive, it has allowed us to identify & focus our business development efforts. It saved months of leg-work." Bill Barz, L&L Products

"We bought Lucintel report because it is the best report about our industry…a complete and appropriate analysis." Cesare Andrenacci, Ferretti

Quick Query

Lucintel Insights in News

Follow us on