Ultraviolet (UV) Coatings Market Trends, Growth Opportunities, Future Demand and Forecast 2032

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The global Ultraviolet (UV) Coatings Market size was USD 7.0 billion in 2022 and is expected to reach USD 12.87 billion in 2032, and register a revenue CAGR of 8% during the forecast period. The desire for environmentally friendly coatings, the expansion of application areas, and the rising acceptance of UV-curable coatings across a range of end-use sectors are major factors driving the market revenue growth.

One of the key factors driving market revenue growth is the shift towards environmentally friendly coatings. With the production of Volatile Organic Compounds (VOCs) during the curing process, the use of conventional solvent-based coatings has given rise to environmental issues. With this, VOC-free UV coatings have been created, which are also environmentally benign.

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Top Leading Players:

• Akzo Nobel N.V.
• Axalta Coating Systems Ltd.
• BASF SE
• The Sherwin-Williams Company
• PPG Industries Inc.
• Valspar Corporation
• The Dow Chemical Company
• DIC Corporation
• Watson Coatings Inc.
• Arkema S.A.

Key questions covered in the global UV Coatings Market report:

• What is the expected market size of the global UV Coatings Market during the forecast period?
• What factors are expected to hamper global UV Coatings Market growth over the forecast period?
• What key factors are expected to drive global revenue growth between 2021 and 2028?
• Which application segment is expected to dominate other application segments over the forecast period?
• Which region is expected to dominate in terms of revenue during the forecast period?
• What are the key outcomes of Porter’s Five Forces analysis and SWOT analysis?
• Which leading players are operating in the global Polyvinyl Alcohol market?

Segments covered in the report:

By Resin Type Outlook: 

• Acrylic
• Epoxy
• Polyester
• Others

By Coating Type Outlook: 

• Monomers
• Oligomers
• Photoinitiators

By Application Outlook: 

• Wood
• Plastic
• Paper
• Conformal Coatings
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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