Radiation Curable Coatings Market Trends and Forecast to 2023- Industry Analysis by Geographical Regions, Type and Application

360 MARKET UPDATES Report provides a 360-degree overview of the global Radiation Curable Coatings Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.

Radiation Curable Coatings

Report Title: “Global Radiation Curable Coatings Market – Segmented by Raw Material, Application, and Geography – Growth, Trends, and Forecast (2018 – 2023)”

Global “Radiation Curable Coatings Market” is expected to register a CAGR of approximately XX% during the forecast period of (2018 – 2023). Also, Radiation Curable Coatings Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Radiation Curable Coatings Analysis.

Radiation Curable Coatings market Report provides a 360-degree overview of the global Radiation Curable Coatings market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.

Radiation Curable Coatings Market Report Covers Leading Manufacturers: Akzo Nobel, Alpha Coating Technologies, Arkema, Asian Paints Limited, Axalta Coating Systems, BASF, Berger Paints India Limited, Cardinal, Carpoly, Chugoku Marine Paints, DSM, DuPont, Dymax, Hempel, Henkel, IGP Pulvertechnik AG, Jotun, Kansai Paints, Nippon paint, PPG, Protech Powder Coatings Inc, Red Spot Paint & Varnish Company, Sherwin Williams, Sika, Yip’s Chemical

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The global radiation curable market is expected to witness a moderate CAGR during the forecast period, 2018 to 2023. Industrial segment accounted for highest share, followed by electronics, in 2017. The growing infrastructure and rapid industrialization, in the developing economies, is expected to boost the growth during the forecast period.

Radiation curable coatings are applied to the surface of varied materials, ranging from cans to papers, to protect them from exposure to the environment, and to have desired properties for functional, as well as aesthetic appeal. These coatings possess desirable properties, such as chemically resistant finishes, speed of cure, ambient curing, extremely hard, non-flammability, and high productivity. They have a wide variety of applications, depending upon the type of resin and additives used. Radiation curable coatings can be observed in everyday life, like packaging graphics.

Growing Demand for UV-cured Coatings

UV-cured coatings also offer advantages in coatings, such as low energy consumption, lesser environmental impact, lesser waste generation, faster curing time, and small application equipment footprint. This enables them to be used in a wide range of applications, including wood, paper, optics, electronics, plastic, and ink markets. Stringent government regulations, in the developing nations, would continue to be a driving force behind the adoption of new, low-pollution coating technologies, such as UV-cured coatings, during the forecast period.

Industrial Application to Witness the Fastest Growth

The oil & gas industry has been trying to find ways to cut capital charges. This, along with the need to adhere to strict environmental regulations, has led to the demand for a coating system with a long life, which will be effective in the protection of the assets. Moreover, in the offshore locations, there is a prolonged exposure to penetrating UV rays and constant contact with rough seawater, which increases the need for protective coatings. Radiation curing coatings also find wide application on printed circuit boards & assemblies, sensors, LEDs, MEMS, capacitors, wafer, ferrite cores, digital displays, and metal components.

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Reasons to Purchase Radiation Curable Coatings Market Report:

  • Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge. 
  • Analysing various perspectives of the market with the help of Porter’s five forces analysis.
  • The authentication mode is likely to witness the highest adoption of these systems in the market.
  • The regions that are expected to witness the fastest growth during the forecast period.
  • The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel). 

“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”

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