Global UV-cured Powder Coatings Market 2024-2028
The UV-cured powder coatings market is forecasted to grow by USD 2.61 bn during 2023-2028, accelerating at a CAGR of 7.67% during the forecast period. The report on the UV-cured powder coatings market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increased use of UV-cured powder coatings on MDF, the cost and time advantages of UV-cured powder coatings, and stringent government regulations to reduce harmful emissions.
Technavio's UV-cured powder coatings market is segmented as below:
By Application
- Furniture
- Transportation
- Healthcare
- Others
By Type
- Epoxy
- Epoxy polyester hybrid
- Others
By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the fast-paced growth of UV-cured powder coatings for decks as one of the prime reasons driving the UV-cured powder coatings market growth during the next few years. Also, a growing focus on sustainability and diversified applications of UV-cured powder coating will lead to sizable demand in the market.
The report on the UV-cured powder coatings market covers the following areas:
- UV-cured powder coatings market sizing
- UV-cured powder coatings market forecast
- UV-cured powder coatings market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading UV-cured powder coatings market vendors that include Akzo Nobel NV, Alberdingk Boley GmbH, Allnex GMBH, Arkema Group, Axalta Coating Systems Ltd., BASF SE, Covestro AG, Engineering and Chemical India Pvt. Ltd., Eternal Materials Co. Ltd., Hitachi Ltd., Keyland Polymer Material Sciences LLC, Koninklijke DSM NV, Mitsubishi Chemical Group Corp., Miwon Specialty Chemical Co. Ltd., Orkla ASA, PPG Industries Inc., The Sherwin Williams Co., Toagosei Co. Ltd., and Wanhua Chemical Group Co. Ltd.. Also, the UV-cured powder coatings market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.