Radiation Curable Speciality Coating Market: Trends, Opportunities and Competitive Analysis [2023-2028]

Radiation Curable Speciality Coating Market Trends and Forecast

The future of the global radiation curable speciality coating market looks promising with opportunities in the paper and film, industrial, printing inks, plastic, electronic products, wood, adhesive, and glass applications. The global radiation curable speciality coating market is expected to reach an estimated $7.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are stringent environmental regulations, along with expanding usage of low VOC and eco-friendly coatings among end use industries.

Radiation Curable Speciality Coating Market by Raw Material, Formulation, and Application

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Radiation Curable Speciality Coating Market by Segments

Radiation Curable Speciality Coating Market by Segment

The study includes a forecast for the global radiation curable speciality coating market by raw material, formulation, application, and region, as follows:

Radiation Curable Speciality Coating Market by Raw Material [Value ($B) Shipment Analysis from 2017 to 2028]:

Oligomers

Monomers

Photoinitiators

Additives

Radiation Curable Speciality Coating Market by Formulation [Value ($B) Shipment Analysis from 2017 to 2028]:

Ultraviolet Curing

Electron Beam Curing

Radiation Curable Speciality Coating Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

Paper and Film

Industrial

Printing Inks

Plastics

Electronics Products

Wood

Adhesives

Glass

Others

Radiation Curable Speciality Coating Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

North America

Europe

Asia Pacific

The Rest of the World

List of Radiation Curable Speciality Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radiation curable speciality coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radiation curable speciality coating companies profiled in this report include.

Sherwin-Williams

PPG

Axalta Coating Systems

BASF SE

Akzo Nobel

Radiation Curable Speciality Coating Market Insights

Lucintel forecast that oligomers will remain the largest segment over the forecast period due to the growing demand for oligomers due to its lower molecular weight and huge functionality.

Industrial is expected to remain the largest segment due to escalating need for coatings that offer anti-fingerprint, corrosion protection, abrasion resistance, and desirable glossy appearance to the metals mostly used in industries.

APAC will remain the largest region due to the stringent government regulations and the extensive demand of exterior and interior coating for architectural and wall applications.

Features of the Radiation Curable Speciality Coating Market

Market Size Estimates: Radiation curable speciality coating market size estimation in terms of value ($B)

Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.

Segmentation Analysis: Radiation curable speciality coating market size by various segments, such as by raw material, formulation, application, and region

Regional Analysis: Radiation curable speciality coating market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different by raw material, formulation, application, and regions for the radiation curable speciality coating market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the radiation curable speciality coating market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the radiation curable speciality coating market size?

Answer: The global radiation curable speciality coating market is expected to reach an estimated $7.5 billion by 2028.

Q2. What is the growth forecast for radiation curable speciality coating market?

Answer: The global radiation curable speciality coating market is expected to grow with a CAGR of 6.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the radiation curable speciality coating market?

Answer: The major drivers for this market are stringent environmental regulations, along with expanding usage of low VOC and eco-friendly coatings among end use industries.

Q4. What are the major segments for radiation curable speciality coating market?

Answer: The future of the radiation curable speciality coating market looks promising with opportunities in the paper and film, industrial, printing ink, plastic, electronics product, wood, adhesive, and glass applications.

Q5. Who are the key radiation curable speciality coating companies?

Answer: Some of the key radiation curable speciality coating companies are as follows:

Sherwin-Williams

PPG

Axalta Coating Systems

BASF SE

Akzo Nobel

Q6. Which radiation curable speciality coating segment will be the largest in future?

Answer: Lucintel forecast that oligomers will remain the largest segment over the forecast period due to the growing demand for oligomers due to its lower molecular weight and huge functionality.

Q7. In radiation curable speciality coating market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region due to stringent government regulations and the extensive demand of exterior and interior coating for architectural and wall applications.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

• Q.1. What are some of the most promising, high-growth opportunities for the radiation curable speciality coating market by raw material (oligomers, monomers, photoinitiators, and additives), formulation (ultraviolet curing and electron beam curing), application (paper and film, industrial, printing inks, plastics, electronics products, wood, adhesives, glass and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?