Press release
Global UV Curing Coatings Market Booming At CAGR Of 7.52% Till Year 2021
UV curing coatings are derived from petrochemicals in which adhesives, sealants, inks, and coatings are dried using UV radiations. They are considered highly important due to some of its excellent properties such as faster curing time, reduced workforce requirement, improved chemical resistance, and minimum operational cost. It improves adhesion and facilitates mechanical bonding between the substances. It requires less storage space and is comparatively eco-friendly, which adds up to an increased demand for UV curing coatings market.
Technavios analysts forecast the global UV curing coatings market to grow at a CAGR of 7.52% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global UV curing coatings market for 2017-2021. To calculate the market size, the report considers the include/exclude new installations/shipments/sales/volume/value and retrofit/replacement/spares/aftermarket/services market.
The market is divided into the following segments based on geography:
Americas
APAC
Europe
ROW
Technavio's report, Global UV Curing Coatings Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Akzo Nobel
allnex
Hitachi Chemical
PPG Industries
The Sherwin-Williams Company
Other prominent vendors
Alberdingk Boley
Arkema
Ashland
Covestro
DSM
Dymax
Jainco Industry Chemicals
KEYLAND POLYMER MATERIAL SCIENCES
Protech Powder Coatings
TOAGOSEI
Wanhua Chemical Group
Market driver
Strict government regulations on powder-based coatings
For a full, detailed list, view our report
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Market challenge
Growth of the LED curing coating technology
For a full, detailed list, view our report
Market trend
Growing demand from the wood and furniture industries
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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