UV Coatings Industry Outlook, Growth Prospects and Key Opportunities 2024
Growing electronics industry globally is expected to drive the UV coatings market. 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 etc.
Growing electronics industry globally is expected to drive the UV coatings market. 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 etc.
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REPORT DESCRIPTION<br />
Global <strong>UV</strong> <strong>Coatings</strong> Market: Overview<br />
<strong>UV</strong> coatings are type of coatings that are cured with ultraviolet radiation. It can be deployed on various substrates<br />
such as inks, paper, glass, plastics <strong>and</strong> wood products. <strong>UV</strong> coatings market can be segmented based on composition<br />
as PU dispersions, monomers, photo initiators <strong>and</strong> oligomers. Based on type of coatings, the market can be<br />
segmented as paper coatings, over print varnish, display coatings, plastic coatings, conformal coatings <strong>and</strong> others.<br />
End-use industries of <strong>UV</strong> coatings are graphics, electronics, packaging <strong>and</strong> various other industries that use<br />
industrial coatings.<br />
Browse Market Research Report: http://www.transparencymarketresearch.com/uv-coatingsmarket.html<br />
Currently <strong>UV</strong> coatings market is dominated by wood coatings product type. This trend is expected to remain same in<br />
the next few years due to increasing dem<strong>and</strong> for wood coatings from its applications such as furniture, door skins,<br />
parquet, decorative panel <strong>and</strong> others. Wood coatings offer excellent strength <strong>and</strong> durability, hence is dem<strong>and</strong> is<br />
expected to remain high. Among the end-use industries type, industrial coatings occupies the largest share in the<br />
total <strong>UV</strong> coatings market. The growth rate of industrial coatings is expected to be the fastest as compared to other<br />
types.