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UV Coatings Market Regulations and Competitive Landscape Outlook to 2024

Global UV Coatings Market: Overview

UV coatings are type of coatings that are cured with ultraviolet radiation. It can be deployed on various substrates such as inks, paper, glass, plastics and wood products. UV coatings market can be segmented based on composition as PU dispersions, monomers, photo initiators and oligomers.  Based on type of coatings, the market can be segmented as paper coatings, over print varnish, display coatings, plastic coatings, conformal coatings and others. End-use industries of UV coatings are graphics, electronics, packaging and various other industries that use industrial coatings.

Currently UV coatings market is dominated by wood coatings product type. This trend is expected to remain same in the next few years due to increasing demand for wood coatings from its applications such as furniture, door skins, parquet, decorative panel and others. Wood coatings offer excellent strength and durability, hence is demand is expected to remain high. Among the end-use industries type, industrial coatings occupies the largest share in the total UV coatings market. The growth rate of industrial coatings is expected to be the fastest as compared to other types.

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Global UV Coatings Market: Drivers and Restraints

Growing electronics industry globally is expected to drive the UV coatings market. Display coatings are the major type coatings used in the electronics across the globe. Rising disposable income and changing lifestyle in the developing countries is driving electronics industry across the globe. Additionally, internet of things is the new trend in the market that includes various electronic devices. These electronic devices use display coatings that are cured with ultraviolet. Furthermore, rising environmental awareness among consumer groups is expected to boost the UV coatings market. Chemical curing method emits volatile organic compounds that are harmful to environment and human health. UV curing of the coatings is photomechanical method of curing, hence does not involve any organic compounds in the curing process.

However, availability of substitutes in the curing process is expected to hamper the UV coatings market. Chemical curing is among the strong competitor of UV curing process. Development of new products and applications is anticipated to provide immense opportunities for the players in the market. Additionally, development of bio-based UV coatings would open up an opportunity in the next few years.

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Global UV Coatings Market: Geographical Dynamics

Asia Pacific dominated the UV coatings market in terms of production and consumption. Burgeoning electronics industry due to high demand for high performance electronics in the region is driving the UV coatings market. China is contributing highest to the demand of UV coatings in the region. Europe followed Asia Pacific in terms of consumption. Demand in the region is mainly for wood coatings, plastic coatings and paper coatings from industrial coatings industry. North America emerged as the third-largest market for UV coatings in terms of consumption. The demand in the region is primarily driven by rising use of UV coatings in printing varnishes. Rest of the World is expected to exhibit strong growth in the UV coatings marketing due to rising demand from electronics industry.

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Global UV Coatings Market: Competitive Landscape

Global UV coatings market is moderately fragmented with major players having presence across the value chain. Players in the market adopt backward integration and strategic alliances as key strategies to sustain their market position in the UV coatings market.

Key players in UV coatings market include The Dow Chemical Company, BASF SE, Akzonobel N.V., DIC Corporation, PPG Industries Inc., Dymax Corporation, Royal DSM N.V., Centexbel, Actega Coatings & Sealants, Eternal Chemical Co. Ltd., Axalta Coatings Systems, The Valspar Corporation, Ashland Inc., Croda, Brilliant Coatings Solutions and Soltech Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

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Global UV Coatings Market Report, Key Players, Size, Share, Analysis 2020 and Forecast To 2025

Global UV Coatings Market Report available at MarketStudyReport.com gives an overview of the UV Coatings industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2024.

The research report on UV Coatings market elaborates on the growth opportunities as well as the various factors positively and negatively influencing the industry remuneration.

According to the report, the UV Coatings market is slated to record a CAGR of XX% during the analysis period (2020-2025) and is estimated to generate considerable returns by the end of the abovementioned timeframe.

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The unexpected outbreak of COVID-19 may result in modifications in the overall market outlook in the forthcoming years, which in turn has compelled various businesses to revamp their strategies. Thus, the report offers an in-depth analysis of the impact of coronavirus pandemic on this vertical in order to allow for better decision making during investment evaluation.

The study also offers information regarding the various market segmentations in a bid to acquire significant insights related to the revenue prospects of this industry.

Major aspects mentioned in the UV Coatings market report:

  • COVID-19 pandemic impact on the growth matrix.
  • Growth opportunities.
  • Market revenue, size, and volume of sales.
  • Major development trends.
  • Current and estimated growth rate.
  • Various distribution channels employed.

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UV Coatings Market segments covered in the report:

Regional scope: North America, Europe, Asia-Pacific, South America, Middle East and Africa

  • Industry analysis at a country as well as regional level.
  • Market share, sales accrued, and revenues generated by each region listed.
  • Growth rate predictions and revenue prospects of every geography.

Product types: Wood Coatings, Plastic Coatings, Over Print Varnish, Display Coatings, Conformal Coatings and Paper Coatings

  • Estimated market share in terms of revenues and sales generated by all product types
  • Pricing model of every product listed.

Applications spectrum: Industrial Coatings, Electronics and Graphic Arts

  • Expected volume of sales and returns amassed by each application fragment over the analysis timeframe.
  • Pricing pattens of all product types on the basis of their respective application scope.

Competitive outlook: Akzonobel, Dymax, BASF, DSM, Axaltacs, PPG Industries, DIC, Valspar, Sherwin-Williams and Eternal Chemical

  • Information such as company overview and manufacturing facilities of key players is documented.
  • A detailed SWOT analysis of every company listed.
  • Products and services offered by the leading players.
  • Statistical information pertaining to revenue, gross margins, sales and market share of all companies mentioned.
  • Marketing strategies, market concentration rate as well as commercialization rate of each company.

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Some of the Major Highlights of TOC covers:

Executive Summary

  • Global UV Coatings Production Growth Rate Comparison by Types (2014-2025)
  • Global UV Coatings Consumption Comparison by Applications (2014-2025)
  • Global UV Coatings Revenue (2014-2025)
  • Global UV Coatings Production (2014-2025)
  • North America UV Coatings Status and Prospect (2014-2025)
  • Europe UV Coatings Status and Prospect (2014-2025)
  • China UV Coatings Status and Prospect (2014-2025)
  • Japan UV Coatings Status and Prospect (2014-2025)
  • Southeast Asia UV Coatings Status and Prospect (2014-2025)
  • India UV Coatings Status and Prospect (2014-2025)

 

Manufacturing Cost Structure Analysis

  • Raw Material and Suppliers
  • Manufacturing Cost Structure Analysis of UV Coatings
  • Manufacturing Process Analysis of UV Coatings
  • Industry Chain Structure of UV Coatings

Development and Manufacturing Plants Analysis of UV Coatings

  • Capacity and Commercial Production Date
  • Global UV Coatings Manufacturing Plants Distribution
  • Major Manufacturers Technology Source and Market Position of UV Coatings
  • Recent Development and Expansion Plans

Key Figures of Major Manufacturers

  • UV Coatings Production and Capacity Analysis
  • UV Coatings Revenue Analysis
  • UV Coatings Price Analysis
  • Market Concentration Degree

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UV Coatings Market 2020 – Impact of COVID-19, Future Growth Analysis and Challenges

Global UV Coatings Market2020 report covers the market potential for each geographical region based on the growth rate, consumer buying patterns, and market demand and supply scenarios. UV Coatings Market report provides analysis with market share, size, latest trends, leading key players, Demand, Growth Drivers, Production Status, types and applications, opportunities, risks, development factors, revenue, suppliers, consumption.

UV Coatings Market Overview

UV Coatings growth rovides information on emerging growth opportunities and business factors, developments and evolving technologies that will fuel these growth trends. Innovation plays a vital role in the UV Coatings market not only because it helps to differentiate the products of one market player from that of another, but also because it improves the performance of users. Consumers are willing to invest heavily in these premium products due to factors like superior quality and durability. The launch of such innovative and premium products is expected to help vendors widen their profit margins and gain a competitive edge during the forecast period.

This report also focuses on the Professional Global UV Coatings Market size with respect to the volume and value – at the regional, company, and worldwide level. Market strategies undertaken, with regards to the current and future industry scenario have also been enlisted in the study.

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Some of the Major UV Coatings Market Players Are: ASF 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….

Major players in the market are identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives.

Our industry professionals are working reluctantly to understand, assemble and timely deliver assessment on impact of COVID-19 disaster on many corporations and their clients to help them in taking excellent business decisions.”

The growth research study on UV Coatings was collected through comprehensive primary research through interviews, surveys, and findings of experienced analysts and secondary research. The study also provides a complete qualitative and quantitative assessment by analyzing data obtained from industry analysts and growth participants from UV Coatings around key points in the value chain of the industry. Opportunities and threat analysis has gain significant importance in recent years primarily due to dynamic nature of industry. Analytical tools used while developing research studies includes SWOT analysis, market sizing, Porter’s 5 Forces model, PESTAL analysis.

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Highlights of this 2020-2027 UV Coatingss Market Report:

  • Market dynamics, UV Coatingss economy manufacturing, opportunities on the total pricing of this top manufacturer and improvement trend analysis;

  • UV Coatingss industry players at the general regional industry and economy synopsis;

  • Deep analysis of the most significant market players included by Worldwide UV Coatingss Market study report;

  • Understand more about the market plans that are increasingly now being adopted by leading UV Coatingss businesses;

  • Evaluation of this market character, namely market development drivers, essential challengers, inhibitors, and chances;

  • Strategically profile the key players and comprehensively analyze their growth strategies.

Detailed Segmentation:

  • Global UV Coatings Market, By Base Type:
    • Water-based
    • Solvent-based

  • Global UV Coatings Market, By Composition:
    • Monomers
    • Oligomers
      • Polyester
      • Polyether
      • Polyurethane

    • Epoxy resins
    • Photo-initiator
    • Additives

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Table of Contents: –

1 Market Overview
1.1 UV Coatings Introduction
1.2 Market Analysis by Type
1.2.1 Overview: Global UV Coatings Revenue by Type: 2018 VS 2019 VS 2027
1.3 Market Analysis by Application
1.3.1 Overview: Global UV Coatings Revenue by Application: 2018 VS 2019 VS 2027
1.4 Overview of Global UV Coatings Market
1.4.1 Global UV Coatings Market Status and Outlook (2018-2027)
1.4.2 North America (United States, Canada and Mexico)
1.4.3 Europe (Germany, France, United Kingdom, Russia and Italy)
1.4.4 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
1.4.5 South America, Middle East & Africa
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force

2 Manufacturers Profiles
2.1.1 Details
2.1.2 Major Business and Total Revenue (Financial Highlights) Analysis
2.1.3 SWOT Analysis
2.1.4  Product and Services
2.1.5 UV Coatings, Price, Revenue, Gross Margin and Market Share (2018-2019)
…….

3 Sales, Revenue and Market Share by Manufacturer
3.1 Global UV Coatings and Market Share by Manufacturer (2018-2019)
3.2 Global UV Coatings Revenue and Market Share by Manufacturer (2018-2019)
3.3 Market Concentration Rate
3.3.1 Top 3 UV Coatings Manufacturer Market Share in 2019
3.3.2 Top 6 UV Coatings Manufacturer Market Share in 2019
3.4 Market Competition Trend

4 Global Market Analysis by Regions
4.1 Global UV Coatings, Revenue and Market Share by Regions
4.1.1 Global UV Coatings and Market Share by Regions (2018-2020)
4.1.2 Global UV Coatings Revenue and Market Share by Regions (2018-2020)
4.2 North America UV Coatings and Growth Rate (2018-2020)
4.3 Europe UV Coatings and Growth Rate (2018-2020)
…….

13 Sales Channel, Distributors, Traders and Dealers
13.1 Sales Channel
13.1.1 Direct Marketing
13.1.2 Indirect Marketing
13.2 Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
15.1 Methodology
15.2 Data Source
15.3 Disclaimer
15.4 About US

And Continued… 

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