Product Code: 5394
The global UV curable coatings market is slated to witness considerable growth through 2032, driven by a strong demand from the global consumer electronics sector. UV curing is extensively used throughout electronic applications for gasketing and sealing, component marking, adhesive bonding, masking, potting, conformal coating, and encapsulating.
The industry outlook is also slated to be shaped by a growing demand from the manufacturing sector. The smudge and wear and tear resistance properties of such coatings provide a professional finish with high quality. Additionally, they also offer high clarity, which makes them ideal for photographic images, and printing, favoring product adoption.
The global UV curable coatings market landscape is divided into segments such as resin, technology, application, and regional landscape.
Based on resin, the industry is categorized into urethanes acrylates, polyesters acrylates, epoxy acrylates, and others. Moreover, the others segment (amino acrylates, vinyl, silicones) is expected to surpass a USD 1.8 billion valuation by 2032.
Silicone coatings can withstand moisture damage, have long lifespan, and do not degrade easily, which is likely to augment the segment expansion. Likewise, the affordability, customizability, corrosion-resistance, and insulating properties, of vinyl coatings is also likely to simulate segment outlook.
On the basis of technology, the industry is bifurcated into solvent-borne and water-borne. Amongst them, the solvent-borne segment is slated to depict considerable growth as solvent-based coatings can tolerate unfavorable weather during the curing process and cure much quicker. In addition, their gloss finishes have a higher sheen, which greatly works towards driving consumer demand.
With regards to the application spectrum, the industry is classified into electronics, automotive & transit, graphic art & printing inks, furniture & woodworking, others, and architectural & building. Among these, the others segment is slated to witness strong growth through 2023 - 2032. The others segment includes color-coding optical fibers and aircraft surface paints. They prevent the decomposition of fibers caused due to metal coating, cable gels, and other reasons.
From the regional perspective, the market is divided into Asia Pacific, North America, MEA, Europe, and LATAM. The Europe UV curable coatings market is expected to register considerable gains by 2032, owing to the tightening emission standards in the region.
UV curable coatings as regarded eco-friendly as they do not use any toxic elements in the final product, which greatly favors their adoption in the region. Initiatives like the European Green Deal which strives to reduce emissions by at least 55% by 2030 to make Europe a climate-neutral continent may also fuel regional growth.
Table of Contents
Chapter 1 Methodology and Scope
- 1.1 Methodology
- 1.2 Base estimation & working
- 1.2.1 North America
- 1.2.2 Europe
- 1.2.3 Asia Pacific
- 1.2.4 Latin America
- 1.2.5 Middle East & Africa
- 1.3 Forecast calculation
- 1.3.1 COVID-19 impact calculations on industry forecast
- 1.4 Data resins
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid resins
- 1.4.2.2 Public resins
Chapter 2 Executive Summary
- 2.1 UV Curable Coatings market 360 degree synopsis, 2018 - 2032
- 2.1.1 Business trends
- 2.1.2 Resin trends
- 2.1.3 Technology trends
- 2.1.4 Application trends
- 2.1.5 Regional trends
Chapter 3 UV Curable Coatings Industry Insights
- 3.1 Industry segmentation
- 3.2 COVID-19 impact on industry landscape
- 3.3 Industry ecosystem analysis
- 3.3.1 Profit margin analysis
- 3.3.2 Value addition at each stage
- 3.3.3 Distribution channel analysis
- 3.3.4 Vendor matrix
- 3.4 Innovation & sustainability
- 3.4.1 Patent analysis
- 3.4.2 Future trends
- 3.5 Industry impact forces
- 3.5.1 Growth drivers
- 3.5.1.1 Environmental benefits of UV curable coating
- 3.5.1.2 Incrementing demand from automotive industry
- 3.5.1.3 UV curing technology for protection of surfaces
- 3.5.2 Industry pitfalls & challenges
- 3.5.2.1 Limited absorption with pigments system
- 3.5.2.2 Cracking defects caused from UV coated paper
- 3.6 Regulatory landscape
- 3.6.1 North America
- 3.6.2 Europe
- 3.6.3 Asia Pacific
- 3.7 Growth potential analysis by technology type
- 3.8 Porter's analysis
- 3.8.1 Supplier power
- 3.8.2 Buyer power
- 3.8.3 Threat of new entrants
- 3.8.4 Threat of substitutes
- 3.8.5 Industry rivalry
- 3.9 Price trends
- 3.9.1 Regional price trends
- 3.9.2 Cost structure analysis
- 3.9.2.1 R&D cost
- 3.9.2.2 Manufacturing & equipment cost
- 3.9.2.3 Raw resin cost
- 3.9.2.4 Distribution cots
- 3.9.2.5 Operating cost
- 3.9.2.6 Miscellaneous cost
- 3.10 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Introduction
- 4.3 Company market share analysis, by region 2022
- 4.3.1 North America UV curable coatings market share analysis 2022
- 4.3.2 Europe UV curable coatings market share analysis 2022
- 4.3.3 Asia Pacific UV curable coatings market share analysis 2022
- 4.3.4 Latin America UV curable coatings market share analysis 2022
- 4.3.5 MEA UV curable coatings market share analysis 2022
- 4.4 Vendor adoption matrix, 2022
- 4.5 Top player overview
- 4.6 Strategy Dashboard
Chapter 5 UV Curable Coatings market, By Resin
- 5.1 Global UV Curable Coatings market resin insights
- 5.2 Epoxy Acrylates
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast, by region, 2018 - 2032
- 5.3 Polyesters acrylates
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast, by region, 2018 - 2032
- 5.4 Urethanes acrylates
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.2 Market estimates and forecast, by region, 2018 - 2032
- 5.5 Others
- 5.5.1 Market estimates and forecast, 2018 - 2032
- 5.5.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 6 UV Curable Coatings market, By Technology
- 6.1 Global UV Curable Coatings market technology insights
- 6.2 Water borne
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast, by region, 2018 - 2032
- 6.3 Solvent borne
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 7 UV Curable Coatings market, By Application
- 7.1 Global UV Curable Coatings market application insights
- 7.2 Architectural & Building
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.2.2.1 Residential
- 7.2.2.1.1 Market estimates and forecast, 2018 - 2032
- 7.2.2.1.2 Market estimates and forecast, by region, 2018 - 2032
- 7.2.2.2 Commercial
- 7.2.2.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3 Automotive & Transit
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3.2.1 Forward lighting
- 7.3.2.1.1 Market estimates and forecast, 2018 - 2032
- 7.3.2.1.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3.2.2 Exterior plastic parts
- 7.3.2.2.1 Market estimates and forecast, 2018 - 2032
- 7.3.2.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.3.2.3 SMC body panels
- 7.3.2.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2.3.2 Market estimates and forecast, by region, 2018 - 2032
- 7.4 Furniture & Woodworking
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast, by region, 2018 - 2032
- 7.5 Electronics
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast, by region, 2018 - 2032
- 7.5.2.1 Circuit boards
- 7.5.2.1.1 Market estimates and forecast, 2018 - 2032
- 7.5.2.1.2 Market estimates and forecast, by region, 2018 - 2032
- 7.5.2.2 LED lamps
- 7.5.2.2.1 Market estimates and forecast, 2018 - 2032
- 7.5.2.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.5.2.3 Electronic component
- 7.5.2.3.1 Market estimates and forecast, 2018 - 2032
- 7.5.2.3.2 Market estimates and forecast, by region, 2018 - 2032
- 7.6 Graphic art & printing inks
- 7.6.1.1 Market estimates and forecast, 2018 - 2032
- 7.6.1.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7 Others
- 7.7.1 Market estimates and forecast, 2018 - 2032
- 7.7.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7.2.1 Aircraft surfaces
- 7.7.2.1.1 Market estimates and forecast, 2018 - 2032
- 7.7.2.1.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7.2.2 Optical fibers
- 7.7.2.2.1 Market estimates and forecast, 2018 - 2032
- 7.7.2.2.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7.2.3 Plastic films
- 7.7.2.3.1 Market estimates and forecast, 2018 - 2032
- 7.7.2.3.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7.2.4 Metal coating
- 7.7.2.4.1 Market estimates and forecast, 2018 - 2032
- 7.7.2.4.2 Market estimates and forecast, by region, 2018 - 2032
- 7.7.2.5 Eyewear
- 7.7.2.5.1 Market estimates and forecast, 2018 - 2032
- 7.7.2.5.2 Market estimates and forecast, by region, 2018 - 2032
Chapter 8 UV Curable Coatings market, By Region
- 8.1 Global UV Curable Coatings market regional insights
- 8.2 North America
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.2.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.2.4 Market estimates and forecast, by application, 2018 - 2032
- 8.2.5 U.S.
- 8.2.5.1 Market estimates and forecast, 2018 - 2032
- 8.2.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.2.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.2.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.2.6 Canada
- 8.2.6.1 Market estimates and forecast, 2018 - 2032
- 8.2.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.2.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.2.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3 Europe
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.5 Germany
- 8.3.5.1 Market estimates and forecast, 2018 - 2032
- 8.3.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.6 UK
- 8.3.6.1 Market estimates and forecast, 2018 - 2032
- 8.3.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.7 France
- 8.3.7.1 Market estimates and forecast, 2018 - 2032
- 8.3.7.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.7.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.8 Italy
- 8.3.8.1 Market estimates and forecast, 2018 - 2032
- 8.3.8.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.8.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.8.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.9 Spain
- 8.3.9.1 Market estimates and forecast, 2018 - 2032
- 8.3.9.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.9.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.9.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.10 Russia
- 8.3.10.1 Market estimates and forecast, 2018 - 2032
- 8.3.10.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.10.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.10.4 Market estimates and forecast, by application, 2018 - 2032
- 8.3.11 Rest of Europe
- 8.3.11.1 Market estimates and forecast, 2018 - 2032
- 8.3.11.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.3.11.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.3.11.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4 Asia Pacific
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.5 China
- 8.4.5.1 Market estimates and forecast, 2018 - 2032
- 8.4.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.6 India
- 8.4.6.1 Market estimates and forecast, 2018 - 2032
- 8.4.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.7 Japan
- 8.4.7.1 Market estimates and forecast, 2018 - 2032
- 8.4.7.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.7.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.8 Malaysia
- 8.4.8.1 Market estimates and forecast, 2018 - 2032
- 8.4.8.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.8.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.8.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.9 Indonesia
- 8.4.9.1 Market estimates and forecast, 2018 - 2032
- 8.4.9.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.9.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.9.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.10 South Korea
- 8.4.10.1 Market estimates and forecast, 2018 - 2032
- 8.4.10.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.10.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.10.4 Market estimates and forecast, by application, 2018 - 2032
- 8.4.11 Rest of Asia Pacific
- 8.4.11.1 Market estimates and forecast, 2018 - 2032
- 8.4.11.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.4.11.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.4.11.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5 Latin America
- 8.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.5 Brazil
- 8.5.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.5.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.5.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.6 Mexico
- 8.5.6.1 Market estimates and forecast, 2018 - 2032
- 8.5.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.5.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.5.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.5.7 Rest of Latin America
- 8.5.7.1 Market estimates and forecast, 2018 - 2032
- 8.5.7.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.5.7.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.5.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6 Middle East & Africa (MEA)
- 8.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.5 South Africa
- 8.6.5.1 Market estimates and forecast, 2018 - 2032
- 8.6.5.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.5.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.5.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.6 Saudi Arabia
- 8.6.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.6.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.6.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.6.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.7 United Arab Emirates
- 8.6.7.1 Market estimates and forecast, 2018 - 2032
- 8.6.7.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.7.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.7.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.8 Kuwait
- 8.6.8.1 Market estimates and forecast, 2018 - 2032
- 8.6.8.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.8.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.8.4 Market estimates and forecast, by application, 2018 - 2032
- 8.6.9 Rest of Middle East & Africa
- 8.6.9.1 Market estimates and forecast, 2018 - 2032
- 8.6.9.2 Market estimates and forecast, by resin, 2018 - 2032
- 8.6.9.3 Market estimates and forecast, by technology, 2018 - 2032
- 8.6.9.4 Market estimates and forecast, by application, 2018 - 2032
Chapter 9 Company Profiles
- 9.1 PPG Industrial Inc.
- 9.1.1 Business overview
- 9.1.2 Financial data
- 9.1.3 Product landscape
- 9.1.4 Strategic outlook
- 9.1.5 SWOT analysis
- 9.2 Akzonobel NV
- 9.2.1 Business overview
- 9.2.2 Financial data
- 9.2.3 Product landscape
- 9.2.4 Strategic outlook
- 9.2.5 SWOT analysis
- 9.3 Sherwin Williams.
- 9.3.1 Business overview
- 9.3.2 Financial data
- 9.3.3 Product landscape
- 9.3.4 Strategic outlook
- 9.3.5 SWOT analysis
- 9.4 PhiChem Corporation
- 9.4.1 Business overview
- 9.4.2 Financial data
- 9.4.3 Product landscape
- 9.4.4 Strategic outlook
- 9.4.5 SWOT analysis
- 9.5 Axalta Coatings.
- 9.5.1 Business overview
- 9.5.2 Financial data
- 9.5.3 Product landscape
- 9.5.4 Strategic outlook
- 9.5.5 SWOT analysis
- 9.6 Dymax Corporation
- 9.6.1 Business overview
- 9.6.2 Financial data
- 9.6.3 Product landscape
- 9.6.4 Strategic outlook
- 9.6.5 SWOT analysis
- 9.7 DOW
- 9.7.1 Business overview
- 9.7.2 Financial data
- 9.7.3 Product landscape
- 9.7.4 Strategic outlook
- 9.7.5 SWOT analysis
- 9.8 Arshland Inc.
- 9.8.1 Business overview
- 9.8.2 Financial data
- 9.8.3 Product landscape
- 9.8.4 Strategic outlook
- 9.8.5 SWOT analysis
- 9.9 SDC Technologies
- 9.9.1 Business overview
- 9.9.2 Financial data
- 9.9.3 Product landscape
- 9.9.4 Strategic outlook
- 9.9.5 SWOT analysis
- 9.10 Cardinal
- 9.10.1 Business overview
- 9.10.2 Financial data
- 9.10.3 Product landscape
- 9.10.4 Strategic outlook
- 9.10.5 SWOT analysis
- 9.11 Soltech Ltd.
- 9.11.1 Business overview
- 9.11.2 Financial data
- 9.11.3 Product landscape
- 9.11.4 Strategic outlook
- 9.11.5 SWOT analysis
- 9.12 Teknos Group
- 9.12.1 Business overview
- 9.12.2 Financial data
- 9.12.3 Product landscape
- 9.12.4 Strategic outlook
- 9.12.5 SWOT analysis
- 9.13 Master Bond Inc.
- 9.13.1 Business overview
- 9.13.2 Financial data
- 9.13.3 Product landscape
- 9.13.4 Strategic outlook
- 9.13.5 SWOT analysis
- 9.14 Allied PhotoChemical
- 9.14.1 Business overview
- 9.14.2 Financial data
- 9.14.3 Product landscape
- 9.14.4 Strategic outlook
- 9.14.5 SWOT analysis
- 9.15 DSM
- 9.15.1 Business overview
- 9.15.2 Financial data
- 9.15.3 Product landscape
- 9.15.4 Strategic outlook
- 9.15.5 SWOT analysis
- 9.16 Sakata Inx (Inx International)
- 9.16.1 Business overview
- 9.16.2 Financial data
- 9.16.3 Product landscape
- 9.16.4 Strategic outlook
- 9.16.5 SWOT analysis
- 9.17 Jainco Industry Chemicals
- 9.17.1 Business overview
- 9.17.2 Financial data
- 9.17.3 Product landscape
- 9.17.4 Strategic outlook
- 9.17.5 SWOT analysis
- 9.18 Chempoint
- 9.18.1 Business overview
- 9.18.2 Financial data
- 9.18.3 Product landscape
- 9.18.4 Strategic outlook
- 9.18.5 SWOT analysis