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PUBLISHER: IMARC | PRODUCT CODE: 1390799
PUBLISHER: IMARC | PRODUCT CODE: 1390799
Radiation Curable Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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PAGES: 141 Pages
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Abstract
The global radiation curable coatings market size reached US$ 7.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.2 Billion by 2028, exhibiting a growth rate (CAGR) of 4.80% during 2022-2028.
Radiation curable coatings comprise reactive liquid, pigments, and additives that are cured using high-intensity radiation energy from visible light, ultraviolet (UV) energy, or low energy electrons (EB). These coatings have a long service life and high performance, require low energy costs, improve surface properties, and protect against corrosion. They also offer low levels of volatile organic compounds (VOCs) and enhance resistance against scratch, impact, abrasion, chemical, and mechanical. Consequently, they find applications in various end use industries to improve the durability, function, and aesthetic appeal of components and products made using glass, plastic, metal, and wood.
Radiation Curable Coatings Market Trends:
The extensive usage of radiation curable coatings in various industry verticals represents one of the key factors bolstering the market growth. For instance, they are employed in the automotive industry to manufacture scratch-resistant keyboards, key panels, gear levers, and other vehicle components. This, in confluence with the escalating demand for advanced infotainment systems in cars, is stimulating the market growth. Moreover, the emerging trend of automated products for household activities is driving the adoption of radiation curable coatings in making domestic electronic appliances, such as microwaves, ovens, dishwashers, and refrigerators. They also find usage in the printing and packaging of plastic bottles, eyeglass lenses, yogurt pots, polystyrene cups, advertising materials, and cellphone and television (TV) set casings. Apart from this, they find extensive application in the manufacturing of fiber optic cables that are widely used in internet cables to transmit large amounts of data at high speed. Furthermore, due to their easy installation and bond strength properties, the demand for radiation curable coatings is anticipated to expand in wood furniture and tubing steel pipes for oil drilling.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global radiation curable coatings market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on ingredient, type and application.
Breakup by Ingredient:
Oligomers
Monomers
Photoinitiators
Additives
Breakup by Type:
Ultraviolet Curing
Electron Beam Curing
Breakup by Application:
Paper and Film
Printing Inks
Plastics
Wood
Glass
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, Akzo Nobel N.V., Allnex (PTT Global Chemical Public Company Limited), Ashland Global Specialty Chemicals Inc., Axalta Coating Systems Ltd., BASF SE, DIC Corporation, Dymax Corporation, Evonik Industries AG, Momentive Performance Materials Inc., PPG Industries Inc. and The Sherwin-Williams Company.
Key Questions Answered in This Report
- 1. What was the size of the global radiation curable coatings market in 2022?
- 2. What is the expected growth rate of the global radiation curable coatings market during 2023-2028?
- 3. What are the key factors driving the global radiation curable coatings market?
- 4. What has been the impact of COVID-19 on the global radiation curable coatings market?
- 5. What are the key regions in the global radiation curable coatings market?
- 6. Who are the key players/companies in the global radiation curable coatings market?
Product Code: SR112023A4652
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Radiation Curable Coatings Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Ingredient
- 6.1 Oligomers
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Monomers
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Photoinitiators
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Additives
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Type
- 7.1 Ultraviolet Curing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Electron Beam Curing
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Application
- 8.1 Paper and Film
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Printing Inks
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Plastics
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Wood
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Glass
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
- 8.6 Others
- 8.6.1 Market Trends
- 8.6.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 3M Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Akzo Nobel N.V.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Allnex (PTT Global Chemical Public Company Limited)
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Ashland Global Specialty Chemicals Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 Axalta Coating Systems Ltd.
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 BASF SE
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 DIC Corporation
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Dymax Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Evonik Industries AG
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Momentive Performance Materials Inc.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.11 PPG Industries Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.11.4 SWOT Analysis
- 14.3.12 The Sherwin-Williams Company
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.1 3M Company
Product Code: SR112023A4652
List of Figures
- Figure 1: Global: Radiation Curable Coatings Market: Major Drivers and Challenges
- Figure 2: Global: Radiation Curable Coatings Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Radiation Curable Coatings Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Radiation Curable Coatings Market: Breakup by Ingredient (in %), 2022
- Figure 5: Global: Radiation Curable Coatings Market: Breakup by Type (in %), 2022
- Figure 6: Global: Radiation Curable Coatings Market: Breakup by Application (in %), 2022
- Figure 7: Global: Radiation Curable Coatings Market: Breakup by Region (in %), 2022
- Figure 8: Global: Radiation Curable Coatings (Oligomers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Radiation Curable Coatings (Oligomers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Radiation Curable Coatings (Monomers) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Radiation Curable Coatings (Monomers) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Radiation Curable Coatings (Photoinitiators) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Radiation Curable Coatings (Photoinitiators) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Radiation Curable Coatings (Additives) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Radiation Curable Coatings (Additives) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Radiation Curable Coatings (Ultraviolet Curing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Radiation Curable Coatings (Ultraviolet Curing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Radiation Curable Coatings (Electron Beam Curing) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Radiation Curable Coatings (Electron Beam Curing) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Radiation Curable Coatings (Paper and Film) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Radiation Curable Coatings (Paper and Film) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Radiation Curable Coatings (Printing Inks) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Radiation Curable Coatings (Printing Inks) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Radiation Curable Coatings (Plastics) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Radiation Curable Coatings (Plastics) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Radiation Curable Coatings (Wood) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Radiation Curable Coatings (Wood) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Global: Radiation Curable Coatings (Glass) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Global: Radiation Curable Coatings (Glass) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Global: Radiation Curable Coatings (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Global: Radiation Curable Coatings (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: North America: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: North America: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: United States: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: United States: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: Canada: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: Canada: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Asia-Pacific: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Asia-Pacific: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: China: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: China: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Japan: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Japan: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: India: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: India: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: South Korea: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: South Korea: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Australia: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Australia: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Indonesia: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Indonesia: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Others: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Others: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Europe: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Europe: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Germany: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Germany: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: France: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: France: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: United Kingdom: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: United Kingdom: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Italy: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Italy: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Spain: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Spain: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Russia: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Russia: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Latin America: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Latin America: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Brazil: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Brazil: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Mexico: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Mexico: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 76: Others: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 77: Others: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 78: Middle East and Africa: Radiation Curable Coatings Market: Sales Value (in Million US$), 2017 & 2022
- Figure 79: Middle East and Africa: Radiation Curable Coatings Market: Breakup by Country (in %), 2022
- Figure 80: Middle East and Africa: Radiation Curable Coatings Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 81: Global: Radiation Curable Coatings Industry: SWOT Analysis
- Figure 82: Global: Radiation Curable Coatings Industry: Value Chain Analysis
- Figure 83: Global: Radiation Curable Coatings Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Radiation Curable Coatings Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Radiation Curable Coatings Market Forecast: Breakup by Ingredient (in Million US$), 2023-2028
- Table 3: Global: Radiation Curable Coatings Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 4: Global: Radiation Curable Coatings Market Forecast: Breakup by Application (in Million US$), 2023-2028
- Table 5: Global: Radiation Curable Coatings Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Radiation Curable Coatings Market: Competitive Structure
- Table 7: Global: Radiation Curable Coatings Market: Key Players
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