Radiation Curable Coatings Global Market Report 2026

Radiation-curable coatings are materials that undergo cross-linking or curing through exposure to high-intensity radiation energy, typically from electron beams or ultraviolet light rays. These coatings offer numerous advantages, including rapid curing, reduced energy costs, and improved surface properties. They find application in a wide range of materials, such as wood, metals, glass, plastic, and paper.

The primary types of radiation-curable coatings include UV-curable coatings and EB-curable coatings. UV-curable coatings are cured quickly through UV irradiation and offer functionalities such as scratch resistance, UV protection, chemical resistance, high gloss, matte, and satin finishes. They are utilized in diverse applications such as paper and film coatings, printing inks, wood coatings, plastics, electronic products, and more. End-users of UV-curable coatings encompass various industries, including wood coatings, metal coatings, plastic coatings, printed materials, electronic components, optical coatings, automotive coatings, aerospace coatings, and others.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the radiation curable coatings market by increasing costs of imported photoinitiators, specialty resins, curing equipment, and electronic components used in UV and EB systems. Manufacturing hubs in North America and Europe are most affected due to reliance on imported raw materials, while Asia-Pacific faces cost pressure on export-oriented coating production. These tariffs are raising production costs and influencing pricing strategies. However, they are also encouraging local sourcing of resins, regional production of curing systems, and innovation in alternative formulation technologies.

The radiation curable coatings market research report is one of a series of new reports from The Business Research Company that provides radiation curable coatings market statistics, including radiation curable coatings industry global market size, regional shares, competitors with a radiation curable coatings market share, detailed radiation curable coatings market segments, market trends and opportunities, and any further data you may need to thrive in the radiation curable coatings industry. This radiation curable coatings market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The radiation curable coatings market size has grown steadily in recent years. It will grow from $8.65 billion in 2025 to $9.08 billion in 2026 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to increasing demand for high-speed manufacturing processes, wider adoption in wood and paper coatings, growth of printing and packaging industries, rising preference for durable surface finishes, improved availability of radiation curing equipment.

The radiation curable coatings market size is expected to see steady growth in the next few years. It will grow to $11.01 billion in 2030 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to increasing adoption in electronics and automotive coatings, rising focus on energy-efficient curing solutions, expansion of sustainable coating technologies, growing demand for advanced functional coatings, continuous improvements in curing system efficiency. Major trends in the forecast period include increasing adoption of uv and eb curing technologies, rising demand for high-performance surface coatings, growing use of radiation curable inks in printing, expansion of low-voc and solvent-free coatings, enhanced focus on fast-curing industrial applications.

The expanding automotive industry is expected to drive the growth of the radiation-curable coatings market in the coming years. The automotive sector encompasses the design, manufacturing, and sale of vehicles, including cars, trucks, motorcycles, and related components. Radiation-curable coatings are applied in automotive settings to deliver fast-curing, durable finishes, improving efficiency and promoting environmental sustainability in the coating process. For example, in March 2025, the European Automobile Manufacturers' Association (ACEA), a Belgium-based organization, reported that global car sales reached 74.6 million units in 2024, reflecting a 2.5% increase compared to 2023. Consequently, the growth of the automotive industry is supporting the expansion of the radiation-curable coatings market.

Prominent companies operating in the radiation-curable coatings market are strategically focused on the development of innovative coatings to meet the heightened demand in the printing inks industry. One such example is TEGO Rad 2330, a highly crosslinkable additive designed for radiation-curing coatings and inks. This product addresses diverse applications, including a wide range of ink and varnish applications, as well as clear and pigmented wood coatings. Evonik Industries, a Germany-based specialty chemicals company, launched TEGO Rad 2330 in October 2023, emphasizing its advantages such as wetting, anti-crater properties, low foaming, and compatibility with traditional and UV-LED curing methods. Specifically crafted for inks, varnishes, and wood coatings, this product boasts key features such as excellent substrate wetting, good slip properties, non-foaming, strong surface tension reduction, anti-crater effect, slip and release, and excellent low foaming.

In November 2023, Sherwin-Williams Company, a renowned US-based paint and coating manufacturing company, completed the acquisition of Oskar Nolte GmbH and Klumpp Coatings GmbH for an undisclosed amount. This strategic move is aimed at fortifying Sherwin-Williams' position in the industrial wood segment, providing increased stability and innovative solutions within the furniture and flooring market. Oskar Nolte, based in Germany, specializes in the manufacturing of UV-cured coatings. On the other hand, Klumpp Coatings GmbH, also headquartered in Germany, is recognized for its development and production of high-quality and innovative radiation-curable coating systems.

Major companies operating in the radiation curable coatings market are BASF SE, Bayer MaterialScience AG, The Sherwin-Williams Company, Evonik Industries AG, Covestro AG, PPG Industries Inc., Arkema Group, Akzo Nobel NV, Royal DSM NV, DIC Corporation, Axalta Coating Systems Inc., Ashland Global Holdings Inc., Toyo Ink SC Holdings Co. Ltd., Allnex Group, Lamberti SpA, IGM Resins BV, Miwon Specialty Chemical Co. Ltd., Red Spot Paint & Varnish Co. Inc., Dymax Corporation, Bomix Chemie GmbH, Sericol Ltd., Chugoku Marine Paints Ltd., Hempel A/S, Cardinal Paint and Powder Inc., Watson Coatings Inc., Rahn AG, Mitsui Chemicals Inc., Nippon Paint Holdings Co. Ltd., Tikkurila Oyj

North America was the largest region in the radiation curable coatings market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the radiation curable coatings market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the radiation curable coatings market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The radiation curable coatings market consists of sales of produce with a wide range of coatings which include products such as EB-curable inks, EB-curable adhesives, UV-curable resins and coating, sepoxy acrylate, urethane acrylate, polyester acrylate, polyether acrylate, acrylic acrylate, and silicone acrylate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Radiation Curable Coatings Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses radiation curable coatings market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for radiation curable coatings ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The radiation curable coatings market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Ultraviolet (UV) Curable Coatings; EB Curable Coatings
• 2) By Function: Scratch-Resistant; Ultraviolet (UV) Protection; Chemical Resistant; High-Gloss; Matte And Satin
• 3) By Application: Paper And Film Coatings; Printing Inks; Wood; Plastics; Electronic Products; Other Applications
• 4) By End Use: Wood Coatings; Metal Coatings; Plastic Coatings; Printed Materials; Electronic Components; Optical Coatings; Automotive Coatings; Aerospace Coatings; Other End User
• Subsegments:
• 1) By Ultraviolet (UV) Curable Coatings: Ultraviolet (UV) Curable Acrylates; Ultraviolet (UV) Curable Epoxies; Ultraviolet (UV) Curable Polyurethanes; Ultraviolet (UV) Curable Polymers; Ultraviolet (UV) Curable Varnishes And Inks
• 2) By Electron Beam (EB) Curable Coatings: Electron Beam Cured Coatings; Electron Beam (EB) Cured Acrylic Coatings; Electron Beam (EB) Cured Epoxy Coatings; Electron Beam (EB) Cured Polyester Coatings; Electron Beam (EB) Cured Inks And Adhesives
• Companies Mentioned: BASF SE; Bayer MaterialScience AG; The Sherwin-Williams Company; Evonik Industries AG; Covestro AG; PPG Industries Inc.; Arkema Group; Akzo Nobel NV; Royal DSM NV; DIC Corporation; Axalta Coating Systems Inc.; Ashland Global Holdings Inc.; Toyo Ink SC Holdings Co. Ltd.; Allnex Group; Lamberti SpA; IGM Resins BV; Miwon Specialty Chemical Co. Ltd.; Red Spot Paint & Varnish Co. Inc.; Dymax Corporation; Bomix Chemie GmbH; Sericol Ltd.; Chugoku Marine Paints Ltd.; Hempel A/S; Cardinal Paint and Powder Inc.; Watson Coatings Inc.; Rahn AG; Mitsui Chemicals Inc.; Nippon Paint Holdings Co. Ltd.; Tikkurila Oyj
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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