The UV Coatings Market is expected to reach $7,590.4 Million by 2019 from $4,594.6 million in 2014, at a CAGR of 10.6%. 2013 market value – $4,225.4 Million. This market, along with its various types, has witnessed a significant growth in the recent years and this growth is estimated to persist in the coming years. This high growth in demand for UV curable coatings is majorly due to its high performance and excellent environmental & safety profile.
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This study basically aims to estimate the market of UV coatings for 2014 and to project the expected demand of the same by 2019. This market research study provides a detailed qualitative and quantitative analysis of the UV coatings market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market.
Global market on the basis of end-user industry: The UV coating market is segmented on the basis of its end-user industries such as industrial coatings, electronics industry, and graphic arts. Each end-user industry is further described in detail in the report with volume and revenue forecasts for each end-user industry.
The key manufacturers of UV coatings include – Akzo Nobel N.V. (The Netherlands), Royal DSM N.V. (The Netherlands), PPG Industries Inc. (U.S.), BASF SE (Germany), The Sherwin-Williams Company (U.S.), The Valspar Corporation (U.S.), Axalta Coatings Systems (U.S.), Dymax Corporation (U.S.), Eternal Chemical Co. Ltd. (Taiwan), and DIC Corporation (Japan).
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