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UV Coatings Market Forecasting 2018 Research On Top Players Like BASF, Akzonobel,DSM, PPG, Sherwin-Williams Company and More
UV Coatings
The UV Coatings market report contains data for historic years 2015, 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. The global UV coatings market is fragmented with the presence of a large number of players across different regions.
These major UV Coatings players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market. Global UV coatings market is projected to grow at a CAGR of 10.1% during the forecast period of 2018 to 2025.
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Some of the major players in global UV coatings market include
• Akzonobel N.V
• Royal DSM N.V.
• PPG Industries Inc
• BASF SE
• Sherwin-Williams Company
Other Players Are Valspar Corporation, Axalta Coatings Systems, Dymax Corporation, Eternal Chemical Co. Ltd, DIC Corporation, Croda International Plc, Watson Coatings, Inc, Allnex Belgium SA/NV, Sokan New Materials, Dymax Corporation, Admat Innovations Private Limited, Techno Concepts, Jainco Industry Chemicals, and many more
Major Market Drivers and Restraints:
• Increasing environmental awareness driving the demand for green products.
• Elevating electronics market.
• Growth in demand for industrial wood coatings.
• Niche applications and low price.
Market Analysis: Global UV Coatings Market
UV coatings shield from bright radiation by compound response, a chain polymerization. Amid the UV radiation the photograph initiators turn out to be very receptive particles and crosslink with the acrylates to frame a defensive plastic film. The UV covering can be composed in to different substrates, for example, inks, paper, glass, plastics and wood items. The UV covering market is ruled by wood coatings item compose.
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Market Segmentation: Global UV Coatings Market
• Global UV coatings market is segmented on the basis of resin type, coating method, end-use industry, and geography.
• On the basis of composition, the global UV coating market is segmented into monomers, oligomers, photo initiators and PU dispersions.
• On the basis of type, the global UV coating market is segmented into wood coatings, plastic coatings, over print varnish, display coatings, conformal coatings and paper coatings.
• On the basis of end-user, the global UV coating market is segmented into industrial coatings, electronics and graphic arts.
• On the basis of geography, the global UV coatings market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.
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