At 10.6% CAGR Growth of UV Coatings Market Worth $7,590.4 Mn to 2019

UV coatings market is expected to reach $7,590.4 Million by 2019 from $4,594.6 million in 2014, at a CAGR of 10.6%. 2013 market value – $4,225.4 MillionThe UV coatings industry along with its various types, has witnessed a significant growth in the recent years and this growth is estimated to persist in the coming years.

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This high growth in demand for UV curable coatings is majorly due to its high performance and excellent environmental & safety profile.
The key manufacturers of UV coatings include
1. Akzo Nobel N.V. (The Netherlands),
2. Royal DSM N.V. (The Netherlands),
3. PPG Industries Inc. (U.S.),
4. BASF SE (Germany),
5. The Sherwin-Williams Company (U.S.),
6. The Valspar Corporation (U.S.),
7. Axalta Coatings Systems (U.S.),
8. Dymax Corporation (U.S.),
9. Eternal Chemical Co. Ltd. (Taiwan),
10. DIC Corporation (Japan).
Currently, the Asia-Pacific is the largest consumer of UV coatings, which consumed nearly 50.0% of the total demand in 2013. Among all the countries, China dominates the UV coatings market, which consumed the maximum volume of UV coatings in 2013. The market volume of UV coatings and its types is comparatively low in the ROW region, but is expected show the highest CAGR from 2014 to 2019, followed by the Asia-Pacific.

Browse complete report on UV Coatings Market by Composition (Monomers, Oligomers, Photoinitiators & Others), Type (Wood, Plastic, Paper, Conformal, Display, OPV), End-User (Industrial Coatings, Electronics, Graphic Arts) & Geography with 150 pages, Now available at http://www.rnrmarketresearch.com/contacts/purchase?rname=216457

Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Crackdown & Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data Points Taken From Secondary Source
2.3.2 Key Data Points From Primary Sources
2.3.3 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in UV Curable Coatings
4.2 UV Curable Coatings Market- Top Four Product Segments
4.3 UV Curable Coatings- Top Three Markets
4.4 Countries Market Share- UV Curable Coatings
4.5 End User Industries Share- Top 3 Countries
4.6 Global UV Curable Coatings Market- By Products
4.7 Product Growth Matrix
4.8 Life Cycle Analysis, By Region
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.3 Key Issues
5.4 Winning Imperatives
6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Price Analysis
6.4 Porter’s Five forces Analysis

The overall UV coatings demand is driven by the wood coating, plastic coatingand over print varnish segmentswhich collectively consumedalmost three fourth of the total global demand in 2013.

Wood coating segment is expected to be the strongest growth segment of UV coating which is primarily driven by the budding demand of high quality coatings, and green nature of these coatings. As an end user industry, industrial coatings segmentis the biggest as well as the fastest-growing segment of UV coatings, which is primarily due to high penetration in all the regions. Subsequently, electronics, and graphic arts industries were the second & the third largest end-user industries of UV coatings.

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