Radiation Cured Coatings Market Size, Share, Competitive Landscape and Trend Analysis Report, by APPLICATION and, by FORMULATION : Global Opportunity Analysis and Industry Forecast, 2023-2032

Radiation-cured coating employs a mixture of monomers and oligomers, polymerized using either electron beam (EB) or ultraviolet (UV) light. The UV/EB process is often called radiation curing because UV and EB are the radiant energy sources. Radiation-cured coatings are utilized in different substrates including wood, paper, ceramics, metal, glass, and plastics.

Low pollution coating, extremely hard and chemically resistant finishes, and rise in demand for wood coatings drive the growth of the radiation-cured coatings market. However, high material cost and large initial investment cost hamper the demand for radiation-cured coatings.

The global radiation-cured coating market is segmented based on, application, formulation, and geography. Based on application, the market is divided into paper and film, printing inks, plastics, electronic products, wood, adhesives, metal coatings, and others. On the basis of formulation, it is bifurcated into ultraviolet curing, and electron beam curing. By geography, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In 2016, Asia-Pacific occupied the highest market share, followed by North America, owing to the major growth in wood coatings and plastics. Asia-Pacific is expected to dominate the global market by 2023, and is witnessing substantial growth in emerging countries such as, China, Japan, and South Korea.

Key Benefits

• This report provides an extensive analysis of the current trends, emerging estimations, and dynamics in the radiation-cured coatings market.
• In-depth analysis of the market is conducted and estimations for key segments  are provided.
• Global industry analysis for factors that drive and restrain the growth of the market are provided.
• Radiation-cured coatings market share for all segments with respect to geography is detailed in the report.
• Key market players are profiled and their strategies are analyzed thoroughly, which provide a competitive outlook of the industry trends.

  Radiation Cured Coatings Market Report Highlights

Aspects	Details
By FORMULATION	ULTRAVIOLET (UV) CURING ELECTRON BEAM (EB) CURING
By APPLICATION	PAPER AND FILM PRINTING INKS PLASTICS ELECTRONIC PRODUCTS WOOD ADHESIVES METAL COATINGS OTHERS
By Geography	NORTH AMERICA U.S CANADA MEXICO EUROPE UK GERMANY FRANCE ITALY SPAIN REST OF EUROPE ASIA-PACIFIC CHINA JAPAN INDIA SOUTH KOREA AUSTRALIA REST OF ASIA-PACIFIC LAMEA BRAZIL SAUDI ARABIA SOUTH AFRICA REST OF LAMEA
Key Market Players	Bayer MaterialScience AG, BASF SE, Ashland, Inc., Toyo Ink Group, Royal DSM N.V., Red Spot Paint & Varnish Company, Inc., PPG Industries, Inc., 3M Company, Sun Chemical Corp., Evonik Industries AG