UV Coatings Market to Reflect
Impressive Growth Rate of 11.14% by
2025
BusinessIndustryReports have new report on “Global UV Coatings Market
2019-2025”. The report provides the newest industry data and industry future
trends. The industry report lists the leading competitors and provides the
insights strategic industry Analysis of the key factors influencing the market.
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview
record, business distribution etc., these data help the consumer know about the competitors’ better.
This report also covers all the regions and countries of the world, which shows a regional
development status, including market size.
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Global UV Coatings Market industry valued approximately USD 5.68 billion in 2016 is anticipated to
grow with a healthy growth rate of more than 11.14% over the forecast period 2017-2025. The
major factors driving the growth are the wood coating, plastic coating, and overprint varnish.
Furthermore, the growth of industrial coating, the highest application of UV coating, also adds to the
positive growth of the market.
The UV coatings are type of coatings that are cured with ultraviolet radiation. It can be deployed on
various substrates such as inks, paper, glass, plastics and wood products. UV coatings market can be
segmented based on composition as PU dispersions, monomers, photo initiators and oligomers.
Based on type of coatings, the market can be segmented as paper coatings, over print varnish,
display coatings, plastic coatings, conformal coatings and others. End-use industries of UV coatings
are graphics, electronics, packaging and various other industries that use industrial coatings.
Furthermore, the stringent environmental regulations lead to the less usage of conventional coating
processes is one of the prime factor drives the global UV cured coating market. The growing
awareness to reduce the volatile organic compounds (VOC) emissions by accepting eco-friendly
technologies such as UV cured coatings also drive the global UV cured coating market. The increase