Ultra Violet-cured powder coating is an innovative and high-quality finishing technology widely used to coat substrates such as wood, plastics, and metals. It is also be applied to heat-sensitive substrates. Also, it has a faster curing cycle and lower temperature requirement, which increases its preference over thermosetting coatings.
MARKET DYNAMICS
The UV-cured coatings market has witnessed a significant growth owing to factors such as increased use of UV-cured powder coatings on MDF. Moreover, the expanding disposable income coupled with shift in consumer lifestyle provides a huge market opportunity for the key players operating in the UV-cured coatings market. However, the high initial costs of equipment and difficulty in finishing complex 3D objects is projected to hamper the overall growth of the UV-cured coatings market.
MARKET SCOPE
The "Global UV-Cured Coatings Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the UV-cured coatings market with detailed market segmentation type, application, and geography. The global UV-cured coatings market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading UV-cured coatings market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global UV-cured coatings market is segmented on the basis of resin type and application. On the basis of resin type, the global UV-cured coatings market is divided into epoxy, polyester, urethane, and other resin types. On the basis of application, the global UV-cured coatings market is divided into automotive, printing ink, metal, wood, aerospace, and other applications
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global UV-cured coatings market based on various segments. It also provides marketsize and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The UV-cured coatings market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the UV-cured coatings market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the UV-cured coatings market in these regions.
MARKET PLAYERS
The reports cover key developments in the UV-cured coatings market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of marketplayers. The marketpayers from UV-cured coatings market is anticipated to lucrative growth opportunities in the future with the rising demand for UV-cured coatings in the global market. Below mentioned is the list of few companies engaged in the UV-cured coatings market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the UV-cured coatings market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AkzoNobel
- allnex
- BASF
- Dymax Corp
- KEYLAND POLYMER MATERIAL SCIENCES
- Nippon Paints
- PPG Industries
- The Sherwin-Williams Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.