UV Coatings Value Market, By Base Type, By Composition, By End use Industry, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

PUBLISHED: May 16, 2023

PAGES: 160 Pages

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Description

UV coatings is an eco-friendly compound that is mainly used to inhibit harmful UV rays coming from the sun. The UV rays degrade the color quality of paper and plastics and hence, UV coating on paper, wood, and plastics material provides the required protection and gloss to the surface. UV coatings are mainly available as water-based coatings and solvent-based coatings. UV coatings are manufactured using various compositions such as Monomers, Oligomers (Polyesters, Polyether, etc.), additives, and photo-initiator. In terms of UV coatings End Use, UV coatings are majorly used in the paper & packaging and wood furnishing industry. Other end users of UV coatings include electronics, automotive, building & construction, etc.

Market Dynamics

Growing demand for eco-friendly coatings and rising demand from the automotive industry for eco-friendly solutions are projected to increase the demand for UV coatings globally. However, restrictions on some UV coatings for food packaging application is hampering the growth of the UV coatings market globally. Furthermore,UV curable inks and coatings were first used as a greener alternative to solvent-based inks and coatings. Traditional heat and air drying uses solvent evaporation, which reduces the initial coating application by more than 50% while emitting pollutants into the environment. UV formulations are composed of liquid monomers and oligomers that have been combined with a small number of photoinitiators before being exposed to UV light. In a matter of seconds, the formulation - inks, coatings, or adhesives - "hardens" or cures, making it ready for the next processing step.

Key features of the study:

This report provides in-depth analysis of global UV Coatings market ,market size (US$ Million and Kilo Tons), and Compound Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the Global UV Coatings market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE, Akzo Nobel N.V., Arkema Group, PPG Industries Inc., Axalta Coating System LLC., The Valspar Corporation, The Sherwin-Williams Company, Croda International Plc., Watson Coatings, Inc., Allnex Belgium SA/NV, Sokan New Materials, and Dymax Corporation
Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The Global UV Coatings market report caters to various stakeholders in this industry including investors, suppliers, UV Coatings manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Global UV Coatings Value market

Detailed Segmentation:

Global UV Coatings Value Market, By Base Type:
- Water-based
- Solvent-based
Global UV Coatings Value Market, By Composition:
- Monomers
- Oligomers
  - Polyester
  - Polyether
  - Polyurethane
- Epoxy resins
- Photo-initiator
- Additives
Global UV Coatings Value Market, By End Use Industry:
- Wood & Furniture
- Electronics
- Automotive
- Paper & Packaging
- Industrial Coatings
- Buildings & Construction
Global UV Coatings Value Market, By Region:
- North America
  - U.S.
  - Canada
- Latin America
  - Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
- Western Europe
  - Germany
  - U.K
  - France
  - Italy
  - Spain
  - Nordic
  - Benelux
  - Rest of Western Europe
- Eastern Europe
  - Russia
  - Poland
  - Rest of Eastern Europe
  - Japan
- Asia Pacific (excl. Japan)
  - China
  - India
  - ASEAN
  - Oceania
  - Rest of APEJ
- Middle East & Africa
  - GCC
  - South Africa
  - Rest of MEA
Company Profiles
- BASF SE*
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments
  - Future Plans
- Akzo Nobel N.V
- Arkema Group
- PPG Industries
- Axalta Coating System LLC,
- The Valspar Corporation
- The Sherwin-Williams Company
- Croda International Plc.
- Watson Coatings Inc.
- Allenx Belgium SA
- Sokan New Materials
- Dymax Corporation

"*" marked represents similar segmentation in other categories in the respective section.

Product Code: CMI3261

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Base Type
- Market Snippet, By Composition
- Market Snippet, By End Use Industry
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
Supply Side Drivers
Demand Side Drivers
Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- PEST Analysis
- PORTER's Analysis
- New Product Approvals/Launch
- Promotion and Marketing Initiatives

4. Global UV Coatings Market, By Base Type, 2017 - 2030 (US$ Million & Kilo Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Water-Based
Solvent-Based

5. Global UV Coatings Market, By Composition, 2017 - 2030 (US$ Million & Kilo Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Tray
Monomers
Oligomers
- Polyester
- Polyether
- Polyurethane
- Epoxy resins
Photo-initiator
Additives

6. Global UV Coatings Market, By End Use Industry, 2017 - 2030 (US$ Million & Kilo Tons)

Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 - 2030
- Segment Trends
Wood & Furniture
Electronics
Automotive
Paper & Packaging
Industrial Coatings
Buildings & Construction

7. Global UV Coatings Market, By Region, 2017- 2030 (US$ Million & Kilo Tons)

Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Region, 2017 - 2030
North America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.S.
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Canada
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Mexico
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Argentina
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Rest of Latin America
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Western Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
U.K.
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Germany
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Italy
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
France
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Spain
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Nordic
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Benelux
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Rest of Western Europe
- Country Trends
- Market Size and Forecast, By Base Type, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By Composition, 2017- 2030 (US$ Million & Kilo Tons)
- Market Size and Forecast, By End Use Industry, 2017- 2030 (US$ Million & Kilo Tons)
Eastern Europe
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Russia
Poland
Rest of Eastern Europe
Japan
Asia Pacific (Excl. Japan)
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
China
India
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2017 - 2030
GCC
South Africa
Rest of Middle East & Africa

8. Competitive Landscape

Heat Map Analysis
Market Share Analysis
Company Profiles
- BASF SE
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Future Plans
- Akzo Nobel N.V
- Arkema Group
- PPG Industries
- Axalta Coating System LLC
- The Valspar Corporation
- The Sherwin-Williams Company
- Croda International Plc
- Watson Coatings, Inc.
- Allnex Belgium SA
- Sokan New Materials
- Dymax Corporation
References
Research Methodology
About us and Sales Contact
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