UV Coatings Market 2019 With Insight, Industry Research By AkzoNobel, BASF, DSM, SOKAN, Croda, Valspar, Sun Chemical, allnex, Dymax Corporation, Allnex Belgium SA, Axalta Coating Systems, TechnoConcept, Sherwin-Williams, PPG Industries, AdMat Innovations

UV coatings Industry is projected to grow at a CAGR of 10.1% during the forecast period By 2025. The upcoming market report contains data for historic years 2016, 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

UV coatings market report discusses about market elements, for example, drivers, limitations and patterns, affecting the market development at a worldwide dimension. Market opportunities have been introduced in the consequent area of a similar part. This UV coatings report likewise incorporates the effect evaluation of market elements on the worldwide market at a subjective dimension, in view of examination realities and bits of knowledge. UV coatings report presents a summarized view of the global market, based on six prominent regions considered in the study. The section includes the regional market position, growth potential, trends and market attractiveness analysis for each of these regions.

The UV coatings report offers the systematic analysis of the current market scenario of the market place which includes a number of dynamics. UV coatings report provides a strategy of mergers and executions to enhance their Market share and product assessment. The Main goal of the UV coatings report is to provide clear picture and better understanding of the market. Additionally, this Report study offers a comprehensive study of the key market dynamics and their latest trends, along with applicable market segments and sub-segments.

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UV coatings market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025. 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

· Valspar Corporation

· Axalta Coatings Systems

· Dymax Corporation

· Eternal Chemical Co. Ltd

· DIC Corporation

· Sun Chemical

· Croda International Plc

· Watson Coatings, Inc

· Allnex Belgium SA/NV

· Sokan New Materials

· Dymax Corporation

· Admat Innovations Private Limited

· Techno Concepts

· Jainco Industry Chemicals

· more

The global UV coatings market is fragmented with the presence of a large number of players across different regions. 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. 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.

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.

The UV coating market is dominated by wood coatings product type. According to an article published in Arkema, It has been observed that China has approximately 50 UV coatings manufacturers and a total annual output of 120 thousand-160 thousand tons of UV coatings annually, it has also been reported that approximately 44 percent of the UV coatings manufactured in China are used to paint wood products, including wood furniture, wood floors and wood doors. Huilong Paint is a global leader in providing UV coating solutions for the woodwork market. Due to increase in the environmental awareness many of the key players are manufacturing solvent free products. The Arkema has launched various technologies such as UV curable hard coats, Soft touch and feel UV coatings for UV coating. Growing electronics industry across the world is expected to drive the UV coatings market. Display coatings are also majorly used in the electronics globally.

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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 Segmentation: Global UV Coatings Market

· Global UV coatings market is segmented on the basis of resin

Type
Coating method
End-use industry
Geography

· On the basis of composition, the global UV coating market is segmented into

Monomers
Oligomers
Photo initiators
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
Paper Coatings

· On the basis of end-user, the global UV coating market is segmented into

Industrial Coatings
Electronics
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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