• Login
    • Join
  • FOLLOW:
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Exclusives
    • Top Companies
    • Printing Inks
    • Raw Materials
    • Equipment
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Exclusives
  • Top Companies
  • Printing Inks
  • Raw Materials
  • Equipment
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    The Digital Packaging Market is Continuing to Grow

    Carl Hirsch - Ink Systems, Inc.

    The 2023 Additives Market

    John Hrdlick Receives NAPIM’s 2023 Ault Award

    Can Solar Ink Help the EU's Green Ambitions?
    Breaking News
    Distributor News
    Financial News
    Industry News
    Ink Manufacturers News
    Market Research
    Mergers and Acquisitions
    New Products
    Personnel
    Price Increases
    Printers News
    Suppliers News
    Live From Shows
    Video Bites
    Top News
    Micro Powders Showcases New Natural, PTFE Alternative Additives at 2023 WCS

    Roland DG Direct-To-Film Printer Ink, Powder Receive ECO PASSPORT Certification

    INX Will Show Inkjet, Sustainable Packaging Solutions at PRINTING United

    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification

    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar
    Whitepapers
    Glossary
    Top North American Companies
    Top International Companies
    Conductive Inks and Printed Electronics
    Graphic Arts Coatings
    Inkjet Inks and Toners
    Marking and Pad Printing Inks
    News Inks
    Packaging Flexo Inks
    Packaging Gravure Inks
    Publication Gravure Inks
    Publication Offset Inks
    Screen Inks
    Sheetfed Inks
    Specialty Inks
    UV and EB Inks

    Roland DG Direct-To-Film Printer Ink, Powder Receive ECO PASSPORT Certification

    INX Will Show Inkjet, Sustainable Packaging Solutions at PRINTING United

    Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification

    Flint Group Digital with Xeikon Present at FEFCO Technical Seminar

    HP Inc. Names David Meline to Board of Directors
    Additives
    Energy-Curable Materials
    Flushed Colors and Pigments
    Metallics and Special Effects Pigments
    Resins
    Vehicles and Varnishes
    Waxes

    Micro Powders Showcases New Natural, PTFE Alternative Additives at 2023 WCS

    Orion S.A. to Invest €12.8 Million in Circular Carbon Black Plan

    Micro Powders’ Sustainability Efforts Earn EcoVadis Silver Ranking

    Evonik Sees Significant Profit Decline in 2Q 2023

    Changes in the Additive Industry Over the Years
    Energy-Curing Equipment
    Mills and Mixers
    Testing, Color and QC

    GARDCO Precision Gel Timers Boost Accuracy, Repeatability

    ROSS Offers Versatile and Cost-Effective High Solids Mixing

    Paul N. Gardner USA Introduces New color2view

    Inkmaker Completes Third Mixing-Dispersion Station at Samograph

    BYK-Gardner Launches VMA Dispersion Laboratory
    Buyers Guide
    Distributor Guide
    European Ink Directory
    U.S. Ink Directory
    International Buyers Guide Companies
    Micro Powders, Inc.

    Orion Engineered Carbons

    Shin Etsu Silicones of America

    WAB US Corp

    Brilliant Group, Inc.
    Industry Events
    Live from Show Event
    Webinars
    Top Events
    Labelexpo Americas 2024
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Directory
      • Buyers Guide
      • Distributor Guide
      • European Ink Directory
      • U.S. Ink Directory
      • Trade Associations
    • Printing Inks
      • Conductive Inks and Printed Electronics
      • Graphic Arts Coatings
      • Inkjet Inks and Toners
      • Marking and Pad Printing Inks
      • News Inks
      • Packaging Flexo Inks
      • Packaging Gravure Inks
      • Publication Gravure Inks
      • Publication Offset Inks
      • Screen Inks
      • Sheetfed Inks
      • Specialty Inks
      • UV and EB Inks
    • Raw Materials
      • Additives
      • Energy-Curable Materials
      • Flushed Colors and Pigments
      • Metallics and Special Effects Pigments
      • Resins
      • Vehicles and Varnishes
      • Waxes
    • Equipment
      • Energy-Curing Equipment
      • Mills and Mixers
      • Testing, Color and QC
    • Top Companies
      • Top North American Companies
      • Top International Companies
    • Glossary
    • Online Exclusives
    • Slideshows
    • Expert's Opinion
    • Videos
    • Podcasts
    • eBook
    • Blog
    • Infographics
    • Whitepapers
    • Jobs
    • Supplier Microsites
      • Companies
      • Literature / Brochures
      • Whitepapers
      • Product Spec Sheets
      • Videos
      • Jobs
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    UV Curable Coatings Market Worth $11.4 Billion by 2025: MarketsandMarkets

    Projected to grow from $6.5 billion in 2020, registering 12% CAGR.

    UV Curable Coatings Market Worth $11.4 Billion by 2025: MarketsandMarkets
    05.31.21
    The global UV curable coatings market size is projected to grow from $6.5 billion in 2020 to $11.4 billion by 2025, at a CAGR of 12%. https://www.marketsandmarkets.com/Market-Reports/uv-coatings-market-92686798.html
     
    Increasing environmental regulations and norms, especially in Europe and North America, have resulted in the growing popularity of green coatings in the coating industry. However, owing to COVID-19, sales from the electronics and industrial coatings industries have declined, resulting in reduced demand for UV curable coatings. 
     
    UV curable coatings are used across the industrial, electronics, and graphics art sectors, where the impact of COVID-19 has been high. 
     
    Lockdowns imposed in various countries have impacted various sectors, which has played a major role in the decline of the UV coatings market. 
     
    Delayed upcoming projects have also affected the growth of the UV coatings market in 2020. Most advertising has switched to a digital mode; thus, UV coatings would take some time to regain their market. 
     
    However, it is expected that the market will start recovering from 2021 due to the increasing demand from end-use industries. The lockdown delayed upcoming projects, which also affected the growth of the UV curable coatings market in 2020. 
     
    Green coatings are the new riding wave in the coating industry. The coatings that are environmentally friendly and help reduce pollution during any of its stages are known as green coatings. 
     
    These coatings are usually expensive in comparison to the other paints and coatings available in the market; however, at the same time, they are advantageous and show higher/comparable performance properties than conventional toxic paints. 
     
    Increasing environmental regulations and norms, especially in Europe and North America, have resulted in the growing popularity of green coatings in the coating industry. This has resulted in an increasing demand for UV curable coatings. 
     
    In a competitive market, it is difficult to reach out with a new product with its market price higher than the existing ones. 
     
    A similar market scenario persists for UV curable coatings market, as UV curable coatings are very expensive as compared to others that are already available in the market. 
     
    Due to the stringent emission rules and regulations, UV curable coatings have gained wide acceptance in regions, such as Europe and North America, but it is still struggling in various countries in the APAC and MEA regions, which is majorly due to non-compliance of emission standards and lack of awareness. 
     
    This has led to the holding back of investments by major market players due to poor anticipated demand, and the local manufacturers are restricted by high CAPEX involved in changing the equipment. These factors may impact the UV curable coatings market, eventually. 
     
    UV curable coatings are also being utilized out of the factories and in the field applications that are a direct result of numerous improvements in UV curing equipment and technological transformations in the industry. 
     
    In field curing, the major applications are concrete floor coating, wood floor coating, vinyl floor coating, countertops coating, tubs, and coating. All of these applications are in the phase of development, with effective commercialization expected in the coming years. 
     
    Additionally, UV technology is also expected to be recognized as one of the leading technologies for metal coatings application in the future, from its current limited footprint in this segment. 
     
    The metal coatings market includes several industries, including automotive, protective, coil, and can. 
     
    Hence, a significant demand for UV curable coatings is expected, as a direct result of increased applications and also because of awareness in developing economies. 
     
    UV coatings render a glossy finish, provide high clarity, and are abrasion-resistant, environment-friendly, quick-dry, versatile, and inexpensive. 
     
    These properties have increased their demand in the market. The major challenge with UV-coated paper, however, is the cracking that usually occurs when the paper is folded or scored. 
     
    Due to the glossy and silky nature of the printed paper, it becomes difficult to apply other treatments. For instance, ink application in the form of writing or rubber stamping can be difficult. Such surfaces do not allow adhesives or any other forms of imprinting. 
     
    If a particular section of the paper needs to be written on, it must be ensured that it is not UV-coated. Else, the section could form cracks when folded or scored. 
     
    Monomers account for the largest share of the overall market. 
     
    The monomers are non-flammable materials with low volatility and also have low odor. 
     
    Monomers generally can have one to as many as six UV curable groups, and the number of functional groups will determine the properties the monomer will bring to the UV formulation. 
     
    These monomers are low viscous materials, most commonly esters of acrylic acid, and simple multifunctional or monofunctional polyols. 
     
    Monomers are usually selected based on acrylic functional groups attached to them. 
     
    However, due to pandemic COVID-19, the sales of UV curable coatings decreased due to disturbance in the supply chain. 
     
    This demand would surge with recovery in the electronics, industrial coatings, and graphic arts industries. 
     
    The wood coatings-based UV curable coatings accounted for 43%, in terms of volume, of the overall market in 2019. 
     
    Wood coatings type is the largest segment in the UV curable coatings market since coated wood enhances the aesthetic appeal and also provides surface protection. 
     
    Wood coatings find extensive use in residential and non-residential applications. However, because of COVID-19, the demand for UV curable coatings is reduced from wood coatings. 
     
    The wood coatings segment is at the forefront with the highest consumption of UV curable coatings globally owing to the rapidly increasing applications of these coatings in the wood & furniture industry. China is the largest consumer of wood coatings. 
     
    Subsequently, certain European countries such as Germany and Sweden consumed a considerable share of UV wood coatings in 2019. There is a huge decline in demand in the APAC region due to a complete and partial lockdown in the region.
     
    The APAC is the biggest and the fastest-growing market for UV curable coatings, consuming almost half of the total global volume in 2019. Electronics and industrial coatings end-use segments are driving the demand for high-performance coatings, which in turn is pushing the demand for UV curable coatings within the region. 
     
    APAC is the most promising market for coatings and is anticipated to be the same shortly. 
     
    The significance of APAC in the chemical industry cannot be undervalued. Its large developing middle-class population derives the demand for the industry and has led to continued industrialization and a rise in the manufacturing sector of the region.
    Suggested For You
    TABER Industries TABER Industries
    C. Withington Co., Inc. C. Withington Co., Inc.
    Sun Chemical Sun Chemical
    European Coatings Show 2025 European Coatings Show 2025
    United Mineral & Chemical Corp. United Mineral & Chemical Corp.
    Solvay Solvay
    Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets Acrylic Resins Market Worth $21.9 Billion by 2025: MarketsandMarkets
    Bio-based Inks, Coatings Market Worth $8.57 Billion by 2026: Smithers Bio-based Inks, Coatings Market Worth $8.57 Billion by 2026: Smithers
    Iron Oxide Pigments Market to Register 4.7% CAGR from 2021 to 2028: GVR Iron Oxide Pigments Market to Register 4.7% CAGR from 2021 to 2028: GVR
    Kumon North America Adds Speedmaster XL 106 from Heidelberg Kumon North America Adds Speedmaster XL 106 from Heidelberg
    Shelter Insurance Companies Adds Truepress Jet520N Shelter Insurance Companies Adds Truepress Jet520N
    Elite Signs Uses Roland TruVIS to Create Mardi Gras-themed Carnival Ride Wrap Elite Signs Uses Roland TruVIS to Create Mardi Gras-themed Carnival Ride Wrap
    Nieman Printing Adds Agfa Nieman Printing Adds Agfa's Jeti Mira LED
    INX Participating at INFOFLEX 2021 Virtual Event INX Participating at INFOFLEX 2021 Virtual Event
    Quad Reports 1Q 2021 Results Quad Reports 1Q 2021 Results

    Related Buyers Guide Companies

    • TABER Industries

      ...
      Alan Jaenecke, VP Marketing 08.08.23

    • C. Withington Co., Inc.

      ...
      C. Withington Co., Inc., C. Withington Co., Inc. 08.04.23

    • Sun Chemical

      Sun Chemical

      ...
      Sergio Molto, Global Marketing Operations Manager 08.04.23


    • European Coatings Show 2025

      ...
      04.06.23

    • United Mineral & Chemical Corp.

      ...
      Phil Befumo, President 08.09.22

    Loading, Please Wait..
    Breaking News
    • Micro Powders Showcases New Natural, PTFE Alternative Additives at 2023 WCS
    • Roland DG Direct-To-Film Printer Ink, Powder Receive ECO PASSPORT Certification
    • INX Will Show Inkjet, Sustainable Packaging Solutions at PRINTING United
    • Sapphire Ink – SB Eco Series Receives Oeko-Tex Eco Passport ZDHC Level 3 Certification
    • Flint Group Digital with Xeikon Present at FEFCO Technical Seminar
    View Breaking News >
    CURRENT ISSUE

    July 2023

    • The Digital Packaging Market is Continuing to Grow
    • The 2023 Additives Market
    • John Hrdlick Receives NAPIM’s 2023 Ault Award
    • Ralph Arcurio – Sun Chemical
    • Jim Bishop – Sun Chemical
    • Neil Hersh - ECKART America
    • Carl Hirsch - Ink Systems, Inc.
    • Jim Kochanny, INX International Ink Co.
    • Can Solar Ink Help the EU's Green Ambitions?
    • Mexar’s Emphasis on Pigment-Based Digital Textile Inks Pays Off
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    PLT Health Solutions Granted Claims for Botanical Ingredient in Canada
    CRN Files Petition with FTC For Clarity on Health Products Compliance Guidance
    Vitafoods Europe Relocates to Barcelona Starting 2025
    Coatings World

    Latest Breaking News From Coatings World

    Micro Powders Showcases Natural, PTFE Alternative Additives at 2023 WCS
    U.S. Green Building Council and RMI Release Report to Drive Action on Embodied Carbon in Buildings
    Tim Knavish Elected PPG Chairman and CEO
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    3D Systems Partners with Klarity to Expand Distribution of VSP Bolus Solution
    Zeus Introduces Absorv XSE Oriented Tubing
    Laminate's VasQ Nabs De Novo Nod to Create AVFs for Dialysis Access
    Contract Pharma

    Latest Breaking News From Contract Pharma

    Ono, Admid Partner on Novel Antibody Drugs in Oncology
    Theradaptive Awarded DOD Clinical Trial Award of up to $7.4M
    Ginkgo Bioworks, Pfizer Enter Multi-Target RNA Discovery Alliance
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    NYX Professional Makeup Partners with the New York Liberty
    BASF and StitchCrew Introduce Educational Bootcamp for Indigenous Beauty Brands
    Top 10 Most Popular Fashion Designer Makeup Brands—According to Landys Chemist
    Happi

    Latest Breaking News From Happi

    Micro Powders Appoints IMCD US New Regional Distributor for Personal Care Products
    American Cleaning Institute Praises Draft Proposal on Cleaning Product Ingredient Transparency
    NYX Professional Makeup Inks First Partnership with The New York Liberty
    Ink World

    Latest Breaking News From Ink World

    Micro Powders Showcases New Natural, PTFE Alternative Additives at 2023 WCS
    Roland DG Direct-To-Film Printer Ink, Powder Receive ECO PASSPORT Certification
    INX Will Show Inkjet, Sustainable Packaging Solutions at PRINTING United
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    INX brings inkjet and sustainable packaging to PRINTING United Expo
    Schreiner MediPharm introduces Freeze-Light-Protect syringe label
    Kodak launches PRINERGY 10.0
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    ExxonMobil Works with JL Goor to Help Drive Growth in Ireland and U.K. Healthcare Sector
    Lee C. Stewart Resigns from Glatfelter Board
    Ana Fraisse Joins The American Cleaning Institute
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    CTL Amedica Granted ECAT Approval from Defense Logistics Agency
    Intech Acquires Lenkbar LLC
    ONWARD Completes First-in-Human for ARC-IM to Restore Upper Extremity Function
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Jabil Announces Definitive Agreement to Divest Mobility Business for $2.2B
    PPG and Flō-Optics Enter Exclusive Supplier Agreement
    SEMI North America Advisory Board Adds New Members

    Copyright © 2023 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login