Growing Automotive Industry Is Anticipated To Fuel The Radiation Curable Coatings Market: Pivotal Factor Influencing Radiation Curable Coatings Market Growth in 2025

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts

Radiation Curable Coatings Market Size Growth Forecast: What to Expect by 2025?
There has been significant growth in the radiation curable coatings market in the last few years. The market, which was valued at $8.21 billion in 2024, is projected to increase to $8.76 billion in 2025, representing a compound annual growth rate (CAGR) of 6.7%. Factors contributing to this positive trend in the historic period include environmental regulations and voc compliance, the need for quick curing solutions, expanding end-user industries, heightened sustainability awareness and the demand for products that offer improved performance and durability.

How Will the Radiation Curable Coatings Market Size Evolve and Grow by 2029?
The market for radiation curable coatings is predicted to witness robust expansion in the upcoming years, reaching a valuation of $10.79 billion in 2029, with a compound annual growth rate (CAGR) of 5.3%. The surge during the forecasted timeframe is ascribed to the persistent regulatory focus on reducing volatile organic compounds (VOC), broadening of the high-performance coatings market, escalating growth in nascent applications, an upswing in uptake within the packaging sector, and rising demand for environmentally friendly coating solutions. Throughout the forecast period, notable trends include the emphasis on digital printing technologies, technological breakthroughs in the domain of uv/eb systems, enhancements in UV/EB technology, increasing adaptation in end-user sectors, and advances in formulation and technological arenas.

View the full report here:
https://www.thebusinessresearchcompany.com/report/radiation-curable-coatings-global-market-report

What Drivers Are Propelling the Growth of Radiation Curable Coatings Market Forward?
The radiation-curable coatings market is expected to be bolstered by the expansion of the automotive industry. This industry, which encompasses vehicle design, manufacturing, and sales, uses radiation-curable coatings for their proficiency in offering quick-setting, robust finishes that improve efficiency and promote sustainability. In 2022, the production of motor vehicles reached 85.4 million worldwide, marking a 5.7% increase from the preceding year, as reported by the Belgium-based European Automobile Manufacturers Association (ACEA) in May 2023. This growth in the automotive industry propels the progress of the radiation-curable coatings market. Radiation Curable Coatings Market Driver: Innovative Coating In Response To High Customer Demand

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13523&type=smp

Which Emerging Trends Are Transforming the Radiation Curable Coatings Market in 2025?
Leading organizations in the radiation-curable coatings marketplace are concentrating their efforts on creating innovative coatings like TEGO Rad 2330, which are used for radiation-curing coatings and inks. This effort stems from the high demand within the print ink industry. This product is a novel, extremely crosslinkable additive suitable for a broad variety of ink, varnish, and both clear and pigmented wood coating applications. For instance, Evonik Industries, a German specialty chemicals company, released TEGO Rad 2330 in October 2023. TEGO Rad 2330 is an incredibly crosslinkable additive for radiation curable coatings and inks and offers distinctive qualities like wetting, anti-crater features, minimal foaming, and compatibility with both traditional and UV-LED curing processes. It is specifically created for inks, varnishes, and wood coatings applications with key characteristics of excellent substrate wetting, great slip properties, no foaming, strong surface tension reduction, anti-crater effect, slip and release, and low foaming properties.

What Are the Key Segments in the Radiation Curable Coatings Market?
The radiation curable coatings market covered in this report is segmented -

1) By Type: Uv Curable Coatings, EB Curable Coatings
2) By Function: Scratch-Resistant, Uv Protection, Chemical Resistant, High-Gloss, Matte and Satin
3) By Application: Paper and Film coatings, Printing Inks, Wood, Plastics, Electronic Products, Other Applications
4) By End Use: Wood Coatings, Metal Coatings, Plastic Coatings, Printed Materials, Electronic Components, Optical Coatings, Automotive Coatings, Aerospace Coatings, Other End User

Subsegments:
1) By UV Curable Coatings: UV Curable Acrylates, UV Curable Epoxies, UV Curable Polyurethanes, UV Curable Polymers, UV Curable Varnishes And Inks
2) By EB Curable Coatings: Electron Beam Cured Coatings, EB Cured Acrylic Coatings, EB Cured Epoxy Coatings, EB Cured Polyester Coatings, EB Cured Inks And Adhesives

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=13523&type=smp

Who Are the Key Players Shaping the Radiation Curable Coatings Market's Competitive Landscape?
Major companies operating in the radiation curable coatings market report are BASF SE, Bayer Material Science AG, The Sherwin-Williams Company, Evonik Industries AG, Covestro AG, PPG Industries Inc., Arkema Group, Akzo Nobel NV, Royal DSM NV, DIC Corporation, Axalta Coating Systems, Asian Paints, Ashland Global Holdings Inc., Yips Chemical Holding Ltd., Toyo Ink SC Holdings Co Ltd., Allnex Group, Lamberti SpA, IGM Resins BV, Miwon Specialty Chemical Co Ltd., Red Spot Paint & Varnish Co Inc., Dymax Corporation, Sartomer USA LLC, Bomix Chemie GmbH, Soltech Ltd., Sericol Ltd., Chugoku Marine Paints Ltd., Watson Coating Inc., Alpha Coating Technologies, Hempel A/S

What Geographic Markets Are Powering Growth in the Radiation Curable Coatings Market?
North America was the largest region in the radiation curable coatings market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radiation curable coatings market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=13523

"This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work."

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.