UV Coatings Market Size Is Projected To Reach US$ 2,794.6 Mn by 2027

UV coating is a surface treatment that protects the surface from damaging rays. The UV coating is applied to the printed paper's surface. It is a shiny liquid that has been applied to the surface. UV coating draws attention to printed materials and is great for products such as postcards, handout sheets, presentation folders, business cards, and catalogs, as well as any product that requires a glossy and dramatic appearance. It is abrasion-resistant, has high clarity, and is ecologically friendly. This is especially useful for image-heavy projects like photography brochures.

In 2018, the worldwide UV coatings market was estimated at US$ 3,794.5 Mn in revenue and 415.5 Kilo Tons in volume.

The thriving printing sector is expected to drive market expansion throughout the forecast period. According to Printing & Allied Machinery Sector (PAMEX), the Indian printing industry has grown at a CAGR of 12% over the last 15 years, mostly due to an increase in packaging and labels. As a result, the expanding printing sector is likely to drive UV coatings market expansion throughout the forecast period.

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Some of the main key players are BASF SE, Akzo Nobel N.V., Arkema Group, PPG Industries Inc., Axalta Coating System LLC., The Valspar Corporation, The Sherwin-Williams Company, Croda International Plc., Watson Coatings, Inc., Allnex Belgium NV, Sokan New Materials, and Dymax Corporation

Our researchers employed both bottom-up and top-down methodologies to estimate and validate the size of the worldwide UV Coatings market. These approaches were also utilized to forecast the UV Coatings market size of the report's segments and sub-segments.

We used secondary sources to calculate all breakdowns, splits, and percentage shares before verifying them with primary sources. We utilized both primary and secondary research methods to estimate the worldwide UV Coatings market size in terms of value and to examine the industry's supply chain. Furthermore, detailed secondary research was carried out to identify important competitors in the worldwide UV Coatings market.
Report Objectives
– Following and evaluating competitive developments in the worldwide UV Coatings market, such as R&D, mergers and acquisitions, cooperation, and new launches.
– In-depth examination of prominent firms' key capabilities and market shares
– Forecasting the growth of the worldwide UV Coatings market and its key segments in terms of revenue and volume.
– Identifying market prospects for stakeholders, vendors, market players, and other parties interested
– Strategically assessing microeconomic and macroeconomic aspects and their impact on the worldwide UV Coatings market's prospects and development tendencies

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Highlights of TOC
Competition by Manufacturer: This part is divided into five chapters: competitive circumstances and trends, product categories, areas serviced, and manufacturing sites, average price by manufacturers, revenue share by manufacturers, and production share by manufacturers.
Production Share by Region: This section examines all of the regional markets evaluated in the research in terms of gross margin, price, revenue, production, and production growth rate for the review period 2021-2027.
Company Profiles: The worldwide UV Coatings market's key players are profiled in terms of their market share, price, revenue, production, markets, and areas serviced, and other characteristics.

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