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Global UV Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global UV Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global UV Coating Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 07 Jul 2021
  • Report ID: CMFE 0033
  • Pages:195
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

According to a study published by Insure Insights, the global UV coating market is estimated to grow at a CAGR of 13.4% during the forecast period. UV coatings are kind of coatings that are cured with ultraviolet radiation. It can be deployed on many substrates such as wood products, inks, paper, glass, and plastics. The UV coatings have many benefits over traditional curing and drying methods, such as PVC coatings. UV curing coatings are primarily used to increase production speed and enhance scratch and solvent resistance. The UV coatings have been adopted by many industries such as graphic arts, automotive, telecommunications, glass, and plastic decorations. The demand for the UV coating is increasing rapidly owing to its higher productivity in less time, minimum waste, zero environmental pollutants, and no loss of coating thickness.

Top Driver: Stringent Environmental Norms and Infrastructure Development

The global UV cured coating market is expected to grow at a significant pace during the forecast period due to the rising demand for UV coating over the conventional high-solids coatings, PVC coatings, and waterborne and powder coatings. The stringent environmental norms leading to the less employment of conventional coating processes are major factors driving the market. The rising awareness to reduce the volatile organic compounds (VOC) emissions by adopting eco-friendly technologies such as UV coatings is also estimated to fuel market growth. The expanding infrastructure development and spending, particularly for commercial and residential sectors, also propel the demand of the UV coatings.

Passenger Vehicle is Estimated to Witness Significant Growth During the Forecast Period

The global UV coating market has been segmented into monomers, oligomers, photoinitiators, PU dispersions, and others on the basis of composition. On the basis of type, wood coating, plastic coating, conformal coating, display coating, and others. On the basis of end-user industry, the market is segmented into industrial coating, electronic coating, and graphic arts.

  surging demand for electronics to Benefit Asia Pacific Market

The global UV Coatings market has been segmented into North America, Europe, Asia Pacific, and SAMEA based on the region. The Asia Pacific is estimated to hold the largest market share due to the surging demand for electronics in countries such as India and China. Following the Asia Pacific, the North American region is also expected to witness significant growth during the forecast period. Europe is expected to register the steady market growth to the global UV coatings market over the forecast period.

Players to Focus on Expanding Product Portfolio

The global UV coating market is estimated to stay fragmented during the forecast period owing to the possible new entrants. The major market players operating in the market are Akzonobel N.V, Royal DSM N.V., PPG Industries Inc, BASF SE, Sherwin-Williams Company, Valspar Corporation, Axalta Coatings Systems, Dymax Corporation, Eternal Chemical Co. Ltd, DIC Corporation, Croda International Plc, Watson Coatings, Inc, Allnex Belgium SA/NV, Sokan New Materials, Dymax Corporation, Admat Innovations Private Limited, Techno Concepts, Jainco Industry Chemicals, and others.

BASF SE: – In February 2019, BASF introduced vinyl methyl oxazolidinone (VMOX), a new vinyl monomer. VMOX is a reactive diluent in UV curing inks and coatings, which can be used for various application such as digital UV printing. In these applications, the vinyl monomer has many technical advantages compared to conventional reactive diluents and offers innovative coatings formulations with a favorable toxicological profile.

Sherwin-Williams Company: – In January 2019, The Sherwin-Williams Company Industrial Wood Coatings division launched Ultra Cure MarGuard Clear Topcoat, a high performance, UV-cure clear coat, which offers excellent durability and resistance to chemicals, stains, scratches, scuffs and abrasion for flooring. Available for coating wood, sheet vinyl and luxury vinyl tile flooring materials, it combines industry leading toughness with excellent clarity and smoothness.

Scope of the Report

By Composition

  • Monomers
  • Oligomers
  • Photoinitiaters
  • PU Dispersion
  • Others

By Type

  • Wood coating
  • Plastic coating
  • Conformal coating
  • Display coating
  • Others

By End-Users  

  • Industrial coating
  • Electronic coating
  • Graphic Arts
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Bare Copper Conductor Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Bare Copper Conductor Market -Industry Snapshots

6.1             Overview

6.1.1          Global Bare Copper Conductor Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Bare Copper Conductor Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Bare Copper Conductor Market- By Type

7.2.1          Bare Copper Conductor Market- Soft drawn

7.2.2          Bare Copper Conductor Market- Medium hard drawn

7.2.3          Bare Copper Conductor Market- Hard drawn

Chapter 8           Global Bare Copper Conductor Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Bare Copper Conductor Market- By Application

8.2.1          Bare Copper Conductor Market- Automotive

8.2.2          Bare Copper Conductor Market- Aerospace

8.2.3          Bare Copper Conductor Market- Energy Sectors

8.2.4          Bare Copper Conductor Market- Chemicals

8.2.5          Bare Copper Conductor Market- Electronics

8.2.6          Bare Copper Conductor Market- Others

Chapter 9           Bare Copper Conductor Market Analysis by Region

9.1             Key Findings for Bare Copper Conductor Market- By region

9.2             Overview

9.2.1          Global Bare Copper Conductor Market Analysis, By Type, 2019 – 2028

9.2.2          Global Bare Copper Conductor Market Analysis, By Application, 2019 – 2028

9.3             Bare Copper Conductor Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Application

9.4             Bare Copper Conductor Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Application

9.5             Bare Copper Conductor Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Application

9.6             Bare Copper Conductor Market – SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Application

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Vimlesh Industries

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Republic Wire

11.3           Eastern Copper

11.4           IWG Copper

11.5           Ganpati Wires

11.6           Perfect Wire Industries

11.7           Chandra Group

11.8           Slimlites Electricals Pvt. Ltd

11.9           Eland Cables

11.10        Jalan Wires

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix




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