IMARC Group's report titled “Radiation Curable Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. offers a comprehensive analysis of the industry, which comprises insights on the global radiation curable coatings market trends. The global 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 4.6% during 2023-2028.

Radiation-curable coatings are a coating material that undergoes a rapid curing process when exposed to specific forms of radiation, such as ultraviolet (UV) or electron beam (EB) radiation. The curing process is exceptionally fast and controllable, making it highly efficient for industrial applications. When radiation is applied, the coating instantly hardens, forming a durable and protective layer on surfaces like paper, metal, plastics, and wood. Radiation-curable coatings offer several advantages, including reduced drying time, improved scratch and abrasion resistance, and the elimination of harmful volatile organic compounds (VOCs) found in traditional solvent-based coatings. They are widely used in the printing, automotive, electronics, and packaging industries. At present, radiation-curable coatings are gaining immense traction across the globe due to their efficiency and environmental benefits in various manufacturing processes.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/radiation-curable-coatings-market/requestsample

Radiation Curable Coatings Market Trends and Drivers:

The global radiation curable coatings market is primarily driven by increasing environmental awareness and regulations favoring low volatile organic compound (VOC) coatings. Moreover, rapid industrialization and infrastructure development has augmented the need for high-performance coatings in the construction, automotive, and electronics sectors. Additionally, rising demand for radiation-curable coatings, which offer advantages such as quick curing times, improved durability, and enhanced scratch resistance, is propelling market growth. Furthermore, the escalating demand for sustainable and eco-friendly products has accelerated the adoption of radiation-curable coatings in industries such as packaging and printing, thereby contributing to market growth.

Report Segmentation:

The report has segmented the market into the following categories:

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

Market 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 with Key Player:

• 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.
• The Sherwin-Williams Company.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal