• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Research
    • Markets & Technologies
    • Raw Materials
    • Top Companies
    • Directories
    • Jobs
    • Events
    • Microsites
    • More
  • Magazine
  • News
  • Research
  • Markets & Technologies
  • Raw Materials
  • Top Companies
  • Directories
  • Jobs
  • Events
  • Microsites
  • Current / Back Issues
    Features
    Business Corner
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    World Reports
    eBook
    Top Features
    Pigments Market

    The Architectural Paint Market Enjoys a Strong 2022

    The Buyers’ Guide

    Auto Refinish Market

    The 2022 Protective Additives Directory
    Breaking News
    Online Exclusives
    Distributor News
    Financial News
    Paint & Coatings Manufacturer News
    People In the News
    Price Increases
    Product News
    Raw Materials & Equipment
    Video Bites
    Suppliers News
    Live From Shows
    Top News
    AkzoNobel Reports Revenue Growth in 2022

    Orion Engineered Carbons Announces New Distribution Partnerships

    Personnel Changes at BASF

    Dr. Kurt Wood to Deliver Mattiello Memorial Lecture at ACA’s 2023 CoatingsTech Conference

    hubergroup Chemicals to Debut at the European Coatings Show
    Top Companies report
    Market Research
    White Papers / Tech Papers
    Technical Papers
    Product Spec Sheets
    World Reports
    Adhesives and Sealants
    Aerospace Coatings
    Architectural Coatings
    Automotive Coatings
    Automotive Refinish
    Business Operation
    Color Trends & Forecast
    Construction Chemicals
    Corrosion Control
    Industrial Coatings
    Laboratory Equipment
    Marine Coatings
    Market Trends & Forecast
    Powder Coatings
    Production Equipment
    Radcure Coatings
    Special Purpose Coatings
    Wood Coatings
    "Green" Coatings

    Shelf Life vs Pot Life vs Working Life of Paint and Coatings

    PPG Completes COLORFUL COMMUNITIES Project in Denmark

    PPG’s SEM Products Business Launches VCS Hybrid Cup System for the Refinish Market

    Mankiewicz Selects ‘Feel Good’ Hues for 2023 Colors of the Year

    ROSS Offers Heavy-Duty Three Roll Mills for High Viscosity Dispersions
    Additives
    Binders
    Pigments
    Solvents

    Brilliant Group and Terra Firma Launch Partnership to Expand Market Support

    SAFIC-ALCAN to Distribute Scott Bader Acrylics & Rheology Modifiers in France

    EPS Launches New Acrylic DIrect-to-Metal Polymer

    Evonik, Partners Launch PlasCO₂ Project for C4 Chemicals Production

    Dr. Ranjini Murthy to Join Azelis Americas as SVP of Commercial and Digital Excellence
    Company Capabilities
    Buyers Guide
    Distributor Guide
    Add New Company
    International Buyers Guide Companies
    EPS

    Arkema

    Pilot Chemical Company

    Shepherd Color Company, The

    Active Minerals
    Industry Events
    Webinars
    Live From Show Event
    Top Events
    Saudi Arabia Coatings Show

    Southern Society for Coatings Technology Annual Meeting and Technology Conference

    Eastern Coatings Show

    CPCA Annual Conference

    66th Annual Sink or Swim
    Companies
    White Papers/Tech Papers
    Product Spec Sheets
    Equipment
    Literature/Brochures
    Videos
    International Buyers Guide Companies
    EPS

    Arkema

    Pilot Chemical Company

    Shepherd Color Company, The

    Active Minerals
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Business Corner
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directories
      • Buyers Guide
      • Distributor Guide
      • Corporate Capabilities
      • Trade Associations
      • Add Your Company
    • Markets & Technologies
      • Adhesives and Sealants
      • Aerospace Coatings
      • Architectural Coatings
      • Automotive Coatings
      • Automotive Refinish
      • Business Operation
      • Color Trends & Forecast
      • Construction Chemicals
      • Corrosion Control
      • Industrial Coatings
      • Laboratory Equipment
      • Marine Coatings
      • Market Trends & Forecast
      • Powder Coatings
      • Production Equipment
      • Radcure Coatings
      • Special Purpose Coatings
      • Wood Coatings
      • "Green" Coatings
    • Raw Materials
      • Additives
      • Binders
      • Pigments
      • Solvents
    • World Reports
      • Africa Report
      • China Report
      • India/Asia Pacific Report
      • Europe Report
      • Latin America Report
      • Market Research
      • Russian Report
    • Top Companies
    • Online Exclusives
    • Glossary
    • Slideshows
    • Experts Opinions
    • Blog
    • eBook
    • Infographics
    • Videos
    • Podcasts
    • Whitepapers
    • Jobs
    • Microsites
      • Companies
      • White Papers/Tech Papers
      • Product Spec Sheets
      • Equipment
      • Literature/Brochures
      • Videos
    • Events
      • Industry Events
      • Live From Show Event
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Market Research

    UV Curable Coatings Market Worth $11.4 Billion by 2025

    Valued at $6.5 billion in 2020; forecasted to register 12% CAGR.

    Related Content
    • Metaflake Limited
    • Axalta Updates Financial Guidance
    • Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns
    • Paint Specialist Flügger Maintains Momentum in Q1 2021-22
    • RPM to Hold Virtual-Only Annual Meeting of Shareholders
    MarketsandMarkets12.14.20

    According to the report "UV Curable Coatings Market By Composition (Monomers, Oligomers), Type (Wood Coatings, Plastic Coatings, Overprint Varnish, Display Coatings), End-Use Industry (Industrial Coatings, Electronics, Graphic Arts), Region - Global Forecast To 2025," the global UV curable coatings market is expected to grow from $6.5 billion in 2020 to $11.4 billion by 2025, at a CAGR of 12% during the forecast period. 

     

    Government initiatives emphasizing on adoption of clean fuel and growth in the number of natural and fuel cell electric vehicles are expected to drive the market.

     

    Monomers account for the largest share of the overall market, in terms of volume. 

     

    The monomers are non-flammable materials with low volatility and also have low odor. Monomers generally can have one to as many as six UV curable groups, and the number of functional groups will determine the properties the monomer will bring to the UV formulation. 

     

    These monomers are low viscous materials, most commonly esters of acrylic acid, and simple multifunctional or monofunctional polyols. Monomers are usually selected based on acrylic functional groups attached to them. 

     

    However, due to pandemic COVID-19, the sales of UV curable coatings decreased due to disturbance in the supply chain. This demand would surge with recovery in the electronics, industrial coatings, and graphic arts industries.

     

    Wood coatings type is the largest segment in the UV curable coatings market since coated wood enhances the aesthetic appeal and also provides surface protection. 

     

    Wood coatings find extensive use in residential and non-residential applications. 

     

    However, because of COVID-19, the demand for UV curable coatings is reduced from wood coatings. 

     

    The wood coatings segment is at the forefront with the highest consumption of UV curable coatings globally owing to the rapidly increasing applications of these coatings in the wood & furniture industry. 

     

    China is the largest consumer of wood coatings. 

     

    Subsequently, certain European countries such as Germany and Sweden consumed a considerable share of UV wood coatings in 2019. 

     

    There is a huge decline in demand in the APAC region due to a complete and partial lockdown in the region.

     

    Industrial coatings are the biggest end-use industry in the UV curable coatings market. 

     

    In industrial coatings, wood coatings, plastic coatings, and paper coatings are the major segments. 

     

    Other segments of industrial coatings include resilient flooring and metal coatings. Wood coatings are the most consumed segment among all the other segments. 

     

    UV curable coatings are known for high gloss whilst offering excellent adhesion and abrasion resistance, so they are widely used for high-quality coatings in the parquet, wood, and furniture industry.

     

    The APAC is the biggest and the fastest-growing market for UV curable coatings, consuming almost half of the total global volume in 2019. 

     

    Electronics and industrial coatings end-use segments drive the demand for high-performance coatings, which in turn is pushing the demand for UV curable coatings within the region. 

     

    APAC is the most promising market for coatings and is anticipated to be the same in the near future. 

     

    The significance of APAC in the chemical industry cannot be undervalued. 

     

    Its large developing middle-class population derives the demand for the industry and has led to continued industrialization and a rise in the manufacturing sector of the region.

    Related Searches
    • Radcure Coatings
    Related Knowledge Center
    • Radcure Coatings
    Suggested For You
    Metaflake Limited Metaflake Limited
    Axalta Updates Financial Guidance Axalta Updates Financial Guidance
    Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns
    Paint Specialist Flügger Maintains Momentum in Q1 2021-22 Paint Specialist Flügger Maintains Momentum in Q1 2021-22
    RPM to Hold Virtual-Only Annual Meeting of Shareholders RPM to Hold Virtual-Only Annual Meeting of Shareholders
    JNS-Smithchem, LLC JNS-Smithchem, LLC
    PPG Launches Virtual PPG Aerospace Academy Education Program PPG Launches Virtual PPG Aerospace Academy Education Program
    Lanco Paints & Coatings Expands in the Americas Lanco Paints & Coatings Expands in the Americas
    Indorama Ventures to Buy Brazil-based Oxiteno Indorama Ventures to Buy Brazil-based Oxiteno
    Sherwin-Williams Issues 2020 Sustainability Report Sherwin-Williams Issues 2020 Sustainability Report
    Global Advanced Bactericidal & Viricidal Coatings and Surfaces Markets 2021-2030 Global Advanced Bactericidal & Viricidal Coatings and Surfaces Markets 2021-2030
    Michelman’s Workplace Culture Honored Worldwide Michelman’s Workplace Culture Honored Worldwide
    Q-Lab Announces UVC Testing Capabilities at Accelerated Contract Test Services Facilities Q-Lab Announces UVC Testing Capabilities at Accelerated Contract Test Services Facilities
    European Anti-corrosion Coatings Market to Grow to $4.5 Billion by 2027: Graphical Research European Anti-corrosion Coatings Market to Grow to $4.5 Billion by 2027: Graphical Research
    PPG Recognized for Environmental, Social and Governance (ESG) Practices PPG Recognized for Environmental, Social and Governance (ESG) Practices

    Related Buyers Guide Companies

    • Metaflake Limited

      ...
      Steven Kerr, Sales & Marketing Director 09.28.22

    • Breaking News | Financial News | Market Trends & Forecast
      Axalta Updates Financial Guidance

      Axalta Updates Financial Guidance

      Axalta updates financial guidance to reflect ongoing impacts of customer supply chain shortages and raw material and logistics constraints.
      09.22.21

    • Breaking News | Marine Coatings | Paint & Coatings Manufacturer News
      Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns

      Nippon Paint Marine Registers Spike in Turkish Drydockings Amid Asia Capacity Concerns

      Nippon Paint Marine has registered a significant spike in Turkish drydockings as operators of small- to mid-size tonnage redirect vessels from Asia.
      09.22.21


    • Breaking News | Financial News | Paint & Coatings Manufacturer News
      Paint Specialist Flügger Maintains Momentum in Q1 2021-22

      Paint Specialist Flügger Maintains Momentum in Q1 2021-22

      Sales were $766 million for the quarter, up 17% in the prior year period.
      09.21.21

    • Breaking News | Financial News
      RPM to Hold Virtual-Only Annual Meeting of Shareholders

      RPM to Hold Virtual-Only Annual Meeting of Shareholders

      The annual meeting will be held at 2:00 p.m. EDT on Thursday, October 7, 2021.
      09.15.21

    Loading, Please Wait..
    Trending
    • Personnel Changes At BASF
    • Coatings World's Top Ten Most Popular Articles For January 2023
    • AkzoNobel Reports Revenue Growth In 2022
    • Palmer Holland, Inc. Names Vincent Misiti As New CEO
    • Brilliant Group And Terra Firm Launch Partnership To Expand Market Support
    Breaking News
    • AkzoNobel Reports Revenue Growth in 2022
    • Orion Engineered Carbons Announces New Distribution Partnerships
    • Personnel Changes at BASF
    • Dr. Kurt Wood to Deliver Mattiello Memorial Lecture at ACA’s 2023 CoatingsTech Conference
    • hubergroup Chemicals to Debut at the European Coatings Show
    View Breaking News >
    CURRENT ISSUE

    February 2023

      View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Tocotrienols May Have Protective Effect on Liver in NAFLD Patients
    Indian Gooseberry Extract Shown to Offer Blood Sugar Management Benefits
    ADM Expands Production to Meet Demand for Probiotics
    Coatings World

    Latest Breaking News From Coatings World

    AkzoNobel Reports Revenue Growth in 2022
    Orion Engineered Carbons Announces New Distribution Partnerships
    Personnel Changes at BASF
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    PDC Unveils New Brand Identity
    MD&M West News: Teamvantage Launches New Parent Company
    BD Receives EUA from FDA for COVID-19, Influenza A/B, RSV Combination Test
    Contract Pharma

    Latest Breaking News From Contract Pharma

    KORSCH Acquires MEDELPHARM to Strengthen R&D Product Line
    SRI Names Kathlynn Brown Biosciences Division President
    Battelle, AmplifyBio, Andelyn Biosciences Win Research Contract
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    Kiss Colors & Care Taps Rapper JT as Brand Partner
    Revolution Beauty Expands into Walmart in the U.S.
    Macro-Environmental Factors Impacting the Packaging Industry
    Happi

    Latest Breaking News From Happi

    Perfect Corp. Receives MLPS 2.0-Compliant Status to Help Beauty and Fashion Brands Meet China's National Cybersecurity Standards
    Ocean Conservation Managers Convene for Fifth International Marine Protected Area Congress, Receives Private Sector Support From Mary Kay Inc.
    Mintel Reveals Macro-Environmental Factors Impacting Household and Personal Care Packaging
    Ink World

    Latest Breaking News From Ink World

    Orion Carbons Announces New Distribution Partnerships
    DuPont Reports 4Q, Full Year 2022 Results
    Graphic Packaging Reports Strong 4Q, Full Year 2022 Results
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    'Build Back the Wisconsin Paper Industry' event announced
    Magic Johnson to keynote Dscoop Edge St. Louis World Expo
    Norway's Digital Etikett grows with HP Indigo
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Edgewell’s Sales Increase
    Mitsui Chemicals, Asahi Kasei Combine Nonwovens Businesses
    Hospeco Offers TaskBrand Prep-Paint-Finish Wiping System
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    OssDsign Launches New Product for Additional Surgical Procedures
    OSSIO Introduces Non-Permanent Compression Staple
    Dennis Jones Joins Intelivation Technologies as Manufacturing VP
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Identiv Expands NFC and HF Solutions Portfolio
    HID Acquires GuardRFID to Expand Healthcare Offering
    DuPont Reports Fourth Quarter, Full Year 2022 Results

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login