UV Coatings Market

monica2016

UV Coatings Market: Global Industry Analysis and

Opportunity Assessment, 2016–2026

May 2017

Report Id : REP-GB-1509

Published On : Apr - 2017

Category : Chemicals and Materials

©2015 Future Market Insights, All Rights Reserved


About

Future Market Insights

Future Market Insights (FMI) is a premier provider of syndicated research reports, custom

research reports, and consulting services. We deliver a complete packaged solution, which

combines current market intelligence, statistical anecdotes, technology inputs, valuable growth

insights, aerial view of the competitive framework, and future market trends.

We provide research services at a global as well as regional level; key regions include GCC,

ASEAN, and BRIC.

Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy,

Technology, Healthcare, and Retail.

We have a global presence with delivery centers across India specializing in providing global

research reports and country research reports. FMI is headquartered out of London, U.K., with a

state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning

from every corner of the world to distill it to one thing – the perfect solution for our client.

Research Capabilities

Sector Coverage





Customized Research

Syndicated Research

Investment Research

Social Media Research





Automotive and Transportation

Electronics, Semiconductor, and ICT

Retail and Consumer Products

Industrial Automation and Equipment





Chemicals & Materials

Food and Beverages

Services and Utilities

Energy, Mining, Oil, and Gas

Customized

Research

Syndicated

Research

Investment

Research

Social Media

Research

Subscription Information

For detailed subscription information please contact

Hari. T (Sr. Manager - Global Business Development)

T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268

Email: hari.t@futuremarketinsights.com

©2015 Future Market Insights, All Rights Reserved

2


Research Methodology (1/2)

Systematic Research Approach

Market profiling

Formulating discussion guide

Developing list of respondents

Data collection

Data validation

4

5

3

1

2

In-depth secondary research is used to

ascertain overall market size, top

industry players, top products, industry

associations, etc.

PMR formulates a detailed discussion

guide to conduct expert and industry

interviews

PMR develops a list of industry players

(manufacturers), distributors, retailers

and industry experts

PMR conducts interviews with industry

experts, industry players, distributors

and retailers

Data is validated by triangulation

method, wherein secondary, primary

and PMR analysis contribute to the final

data










Data

Collection

Data Filter

& Analysis

Identifying key opinion leaders

Questionnaire design

In-depth interviews

Coverage across value chain

Market participants

Key strengths

Product portfolio

Mapping as per value chain

Key focus segments

A

Primary

Research

C

Company

Analysis

Research &

Intelligence

SOLUTION

Actionable

Insights

B

Desk

Research







Business

Solution

Key industry experts

Channel study

Developments

Market dynamics

Products

Conclusions

Data analysis

6

Data is scrutinized using MS-Excel to

obtain qualitative and quantitative

insights about the industry

Primary Research #

Secondary Research #

Paid Publications#

Insights

7

PMR delivers industry insights and

information in the required format

(PDF)





Linkedin

Zoominfo

Salesforce

Avention





Company websites

Company annual

reports

White papers

Financial reports





Factiva

GBI

Genios

Meltwater

# includes sources of databases

©2015 Future Market Insights, All Rights Reserved

3


UV Coatings Market

Higher Adoption of Eco-Friendly Production will Boost the Global Demand for UV Coatings

After being plagued for years with “imperfect” production techniques, manufacturers of UV coatings are

rapidly adopting technological advancements to put in action an eco-friendly method of producing UV

coatings. Future Market Insights notifies how several government and non-government organisations in

the world have listed ways in which UV coatings can be produced without harming the environment.

Manufacturing such eco-friendly UV-curable coatings has, thus, propelled the growth of global market for

UV coatings.

At present, Future Market Insights values the global UV coatings market at US$ 3,429.5 Mn. According to

its latest report, the global market for UV coatings is expected to surge steadily at 6.1% CAGR and bring in

an estimated US$ 6,187.2 Mn revenues by the end of 2026. While favourable environmental regulations

will keep inducing growth in global UV coatings production, the demand for such products will also

witness a considerable hike on the account of booming global automotive industry. Considering the

significance of refinish coatings in the production as well as aftermarket servicing of automobiles,

consumption of UV-curable coatings will also remain significant by OEMs and aftermarket suppliers.

In the report, titled “UV Coatings Market: Global Industry Analysis and Opportunity Assessment, 2016-

2026,” the global market for UV coatings will witness higher growth in terms of consumption of waterbased

coatings. In 2016, more than 225 KT on water-based UV coatings were globally consumed,

attributing to nearly 60% of global market value.

©2015 Future Market Insights, All Rights Reserved 4


UV Coatings Market

Ultimately, the demand for solvent-based UV coatings is also expected to drop over the forecast period,

alluding to challenges in procurement of complex solvents and volatile raw material prices.

Furthermore, the demand for water-based coatings is also driven by greater end-use of UV coatings in

wood & furniture polishing. By the end of 2026, over 140 KT of UV coatings will be consumed globally by

wood & furniture end-use. Nevertheless, consumer electronics will be the largest end-user industry for

UV coatings – procuring revenue growth at an impressive 8.2% CAGR. Based on the composition of these

coatings, the market’s growth will be majorly inclined towards soaring demand for photo-initiators. In

terms of revenues, global sales of photo-initiator UV coatings will account for more than 40% share

through 2026. Although, revenues from oligomer UV coatings will be rising rampantly at 6.7% CAGR.

The report further reveals that demand for UV coatings will remain substantially higher in the Asia-Pacific

excluding Japan (APEJ) region. A little less than half of global UV coatings revenues will be emanating

from this region, registering a robust value CAGR of 9.2%. Middle East and Africa’s UV coatings market

will also soar rapidly, while North America and Europe will witness a sluggish growth in their UV coatings

sales.

According to the report, Akzo Nobel NV, PPG Industries, and The Sherwin-Williams Company are

observed as leading manufacturers in the world. European companies such as BASF SE, Arkema, Croda

International Plc., and Allnex Belgium, are also prominent players in the global UV coatings market. Other

companies profiled in the report include, China’s Sokan New Materials, and US-based chemical

manufacturers such as Dymax Corporation, Watson Coatings, Inc., The Valspar Corporation, and Axalta

Coating Systems LLC.

©2015 Future Market Insights, All Rights Reserved 5


Table of Content

1. Executive Summary

2. Assumptions and Acronyms

3. Research Methodology

4. UV Coatings Market Overview

4.1. Introduction

4.1.1. UV Coatings Market Definition

4.1.2. UV Coatings Market Taxonomy

4.1.3. Global Paints and Coatings Market Overview

4.2. UV Coatings Market Dynamics

4.2.1. Drivers

4.2.2. Restraints

4.2.3. Opportunity

4.2.4. Supply Chain

4.3. End Use Industry Overview

4.4. UV Coatings VS EB Coatings

©2015 Future Market Insights, All Rights Reserved

6


Table of Content

5. Global UV Coatings Market Forecast

5.1. Market Value and Volume Forecast

5.1.1. Y-o-Y Growth Projections

5.1.2. Absolute $ Opportunity

5.2. UV Coatings Market Trends

5.3. Regional Average Pricing Analysis (2015)

5.4. Global UV Coatings Market Snapshot (2015)

5.4.1. Market Share, By Region

5.4.2. Market Share, By Base Type

5.4.3. Market Share, By Composition

5.4.4. Market Share, By End-use Industry

6. Global UV Coatings Market Analysis, By Base Type

6.1. Segment Definition

6.2. Introduction

6.2.1. Y-o-Y Growth Comparison, By Base Type

6.2.2. Market Share & Basis Point (BPS) Analysis, By Base Type

©2015 Future Market Insights, All Rights Reserved

7


Table of Content

6.3. Market Forecast, By Base Type

6.3.1. Water based

6.3.1.1. Absolute $ Opportunity

6.3.1.2. Market Value and Volume Forecast

6.3.2. Solvent based

6.3.2.1. Absolute $ Opportunity

6.3.2.2. Market Value and Volume Forecast

6.4. Market Attractiveness Analysis, By Base Type

7. Global UV Coatings Market Analysis, By End-use Industry

7.1. Segment Definition

7.2. Introduction

7.2.1. Y-o-Y Growth Comparison, By End-use Industry

7.2.2. Market Share & Basis Point (BPS) Analysis, By End-use Industry

7.3. Market Forecast, By End-use Industry

7.3.1. Wood & Furniture

7.3.1.1. Absolute $ Opportunity

7.3.1.2. Market Value and Volume Forecast

©2015 Future Market Insights, All Rights Reserved

8


Table of Content

7.3.2. Electronics

7.3.2.1. Absolute $ Opportunity

7.3.2.2. Market Value and Volume Forecast

7.3.3. Automotive

7.3.3.1. Absolute $ Opportunity

7.3.3.2. Market Value and Volume Forecast

7.3.4. Paper & Packaging

7.3.4.1. Absolute $ Opportunity

7.3.4.2. Market Value and Volume Forecast

7.3.5. Industrial Coatings

7.3.5.1. Absolute $ Opportunity

7.3.5.2. Market Value and Volume Forecast

7.3.5. Buildings & Construction

7.3.5.1. Absolute $ Opportunity

7.3.5.2. Market Value and Volume Forecast

7.4. Market Attractiveness Analysis, By End-use Industry

8. Global UV Coatings Market Analysis, By Composition

8.1. Segment Definition

©2015 Future Market Insights, All Rights Reserved

9


Table of Content

8.2. Introduction

8.2.1. Y-o-Y Growth Comparison, By Composition

8.2.2. Market Share & Basis Point (BPS) Analysis, By Composition

8.3. Market Forecast, By Composition

8.3.1. Monomers

8.3.1.1. Absolute $ Opportunity

8.3.1.2. Market Value and Volume Forecast

8.3.2. Oligomers

8.3.2.1. Absolute $ Opportunity

8.3.2.2. Market Value and Volume Forecast

8.3.2.3. Polyester

8.3.2.4. Polyether

8.3.2.5. Polyurethane

8.3.2.6. Epoxy resins

Click here to

Order a free sample

©2015 Future Market Insights, All Rights Reserved

10


To know more about us, please visit our website:

www.futuremarketinsights.com

For sales queries or new topics email us on:

sales@futuremarketinsights.com

For media queries, contact the press office at

press@futuremarketinsights.com

For other queries contact:

Hari. T (Sr. Manager - Global Business Development)

Future Market Insights: 3rd Floor,

207 Regent Street, London W1B 3HH

T: +44 20 7692 8790 | D: +44 20 3287 4268

Email: hari.t@futuremarketinsights.com

Thank You

Future Market Insights Global & Consulting Private Limited (FMI)

©2015 Future Market Insights, All Rights Reserved

11

More magazines by this user
Similar magazines