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Radiation Curable Coating Market report categorizes global market by material type, curing technique, and end-use industry - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024
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Radiation Curable Coating Market GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 20162024 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Radiation Curable Coating Market:Overview Radiation curable coatings consist of polymer coatings, treated either by ultraviolet or by electron beam radiation and are used for a variety of materials such as wood, glass, plastic, metal and paper. Radiation curable formulations are used in coatings, inks, adhesives, and electronics. The radiationcured coating process includes smearing a lowviscosity mixture consisting of reactive materials and additives onto a substrate. This mixture is then exposed to ultraviolet radiation energy or an electron beam for small periods of time. Once exposed to the radiation, the mixture gets converted instantly into a crosslinked highquality coating. The energy required for radiation curing is gained from particular shortwave radiation sources. Radiation curable coatings have numerous advantages, which include low energy costs, fast curing, and superior surface properties such as improved corrosion protection for metals. Household uses of radiation curable coating include ovens, microwaves, refrigerators, dishwashers, cans, and other packaging. Factors boosting growth of radiation curable coating market include low volatile organic compound (VOC), low energy consumption, rapid curing & drying, consistent coating quality, superior hardness, and abrasion resistance. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Radiation Curable Coating Market:Outlook Asia Pacific market is projected to witness relatively high growth in terms of value over the forecast period. High growth in the regional market is attributed to increasing population coupled with growth in the consumer goods and coatings market in emerging economies such as India and China. According to IBEF, the revenue generated by consumer goods in India was US$ 11.1 billion in 20152016. This trend is expected to be followed in future. India Brand Equity Foundation (IBEF) is a Trust founded by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the aim of promoting and creating international awareness of goods manufactured in India. High price of raw materials for radiation curable coating is expected to be one of the restraining factors for the growth of radiation curable coating market over the forecast period. Innovation in products and expansions in different geographies are some of the key strategies adopted by the top players in the radiation curable coating industry. Research is in process for the use of radiation curable coating in Stereolithography. In this process threedimensional parts are created from photosensitive resins. In addition to this, UVLED curing which will offer distinct advantages such as long life time, cooler operating conditions and less of a gradual drop off in energy is being developed. Some of the major companies operating in the global radiation curable coating market are Royal DSM, DIC Cytec, Industries Inc., RAHN AG, Allnex, BASF SE, and Sartomar. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Radiation Curable Coating Market:Segmentation On the basis of type of material, the global market is classified into: Monomers Oligomers Additives Photoinitiators On the basis of curing technique, the global market is classified into: ➢ ➢ ➢ ➢ Electron Beam Curing Ultraviolet Curing On the basis of enduse industry, the global market is segmented into: ➢ ➢ Wood Plastics Printing inks Electronics Paper and film coatings ➢ ➢ ➢ ➢ Request a sample copy of this report:https://www.coherentmarketinsights.com/insight/requestsample/301 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Radiation Curable Coating Market:Key Players ➢ Royal DSM ➢ ➢ DIC Cytec ➢ ➢ Industries Inc. ➢ ➢ RAHN AG ➢ ➢ Allnex ➢ ➢ BASF SE ➢ ➢ Sartomar. Check the trending report of Global Adhesives and Sealants Market: https://www.coherentmarketinsights.com/ongoinginsight/adhesivesandsealantsmarket301 © Coherent market Insights. All Rights Reserved
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