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Radiation Curable Speciality Coating Market: Trends, Opportunities and Competitive Analysis 2023-2028

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    Report

  • 150 Pages
  • March 2023
  • Region: Global
  • Lucintel
  • ID: 5778376
The future of the global radiation curable speciality coating market looks promising with opportunities in the paper and film, industrial, printing inks, plastic, electronic products, wood, adhesive, and glass applications. The global radiation curable speciality coating market is expected to reach an estimated $7.5 billion by 2028 with a CAGR of 6.5% from 2023 to 2028. The major drivers for this market are stringent environmental regulations, along with expanding usage of low VOC and eco-friendly coatings among end use industries.

Radiation Curable Speciality Coating Market by Segment

The study includes a forecast for the global radiation curable speciality coating market by raw material, formulation, application, and region, as follows:

Radiation Curable Speciality Coating Market by Raw Material [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Oligomers
  • Monomers
  • Photoinitiators
  • Additives

Radiation Curable Speciality Coating Market by Formulation [Value ($B) Shipment Analysis from 2017 to 2028]:

Ultraviolet Curing
Electron Beam Curing

Radiation Curable Speciality Coating Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:

  • Paper and Film
  • Industrial
  • Printing Inks
  • Plastics
  • Electronics Products
  • Wood
  • Adhesives
  • Glass
  • Others

Radiation Curable Speciality Coating Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Radiation Curable Speciality Coating Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies radiation curable speciality coating companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the radiation curable speciality coating companies profiled in this report include.
  • Sherwin-Williams
  • PPG
  • Axalta Coating Systems
  • BASF SE
  • Akzo Nobel

Radiation Curable Speciality Coating Market Insights

The analyst forecasts that oligomers will remain the largest segment over the forecast period due to the growing demand for oligomers due to its lower molecular weight and huge functionality.

Industrial is expected to remain the largest segment due to escalating need for coatings that offer anti-fingerprint, corrosion protection, abrasion resistance, and desirable glossy appearance to the metals mostly used in industries.

APAC will remain the largest region due to the stringent government regulations and the extensive demand of exterior and interior coating for architectural and wall applications.

Features of the Radiation Curable Speciality Coating Market

  • Market Size Estimates: Radiation curable speciality coating market size estimation in terms of value ($B)
  • Trend And Forecast Analysis: Market trends (2017-2022) and forecast (2023-2028) by various segments and regions.
  • Segmentation Analysis: Radiation curable speciality coating market size by various segments, such as by raw material, formulation, application, and region
  • Regional Analysis: Radiation curable speciality coating market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.
  • Growth Opportunities: Analysis on growth opportunities in different by raw material, formulation, application, and regions for the radiation curable speciality coating market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape for the radiation curable speciality coating market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQS

Q1. What is the radiation curable speciality coating market size?
Answer: The global radiation curable speciality coating market is expected to reach an estimated $7.5 billion by 2028.

Q2. What is the growth forecast for radiation curable speciality coating market?
Answer: The global radiation curable speciality coating market is expected to grow with a CAGR of 6.5% from 2023 to 2028.

Q3. What are the major drivers influencing the growth of the radiation curable speciality coating market?
Answer: The major drivers for this market are stringent environmental regulations, along with expanding usage of low VOC and eco-friendly coatings among end use industries.

Q4. What are the major segments for radiation curable speciality coating market?
Answer: The future of the radiation curable speciality coating market looks promising with opportunities in the paper and film, industrial, printing ink, plastic, electronics product, wood, adhesive, and glass applications.

Q5. Who are the key radiation curable speciality coating companies?
Answer: Some of the key radiation curable speciality coating companies are as follows:
  • Sherwin-Williams
  • PPG
  • Axalta Coating Systems
  • BASF SE
  • Akzo Nobel
Q6. Which radiation curable speciality coating segment will be the largest in future?
Answer: The analyst forecasts that oligomers will remain the largest segment over the forecast period due to the growing demand for oligomers due to its lower molecular weight and huge functionality.

Q7. In radiation curable speciality coating market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to stringent government regulations and the extensive demand of exterior and interior coating for architectural and wall applications.

Q8. Do we receive customization in this report?
Answer: Yes, the analyst provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q1. What are some of the most promising, high-growth opportunities for the radiation curable speciality coating market by raw material (oligomers, monomers, photoinitiators, and additives), formulation (ultraviolet curing and electron beam curing), application (paper and film, industrial, printing inks, plastics, electronics products, wood, adhesives, glass and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q2. Which segments will grow at a faster pace and why?
Q3. Which region will grow at a faster pace and why?
Q4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q5. What are the business risks and competitive threats in this market?
Q6. What are the emerging trends in this market and the reasons behind them?
Q7. What are some of the changing demands of customers in the market?
Q8. What are the new developments in the market? Which companies are leading these developments?
Q9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary

2. Global Radiation Curable Speciality Coating Market: Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2017 to 2028
3.1: Macroeconomic Trends (2017-2022) and Forecast (2023-2028)
3.2: Global Radiation Curable Speciality Coating Market Trends (2017-2022) and Forecast (2023-2028)
3.3: Global Radiation Curable Speciality Coating Market by Raw Material
3.3.1: Oligomers
3.3.2: Monomers
3.3.3: Photoinitiators
3.3.4: Additives
3.4: Global Radiation Curable Speciality Coating Market by Formulation
3.4.1 Ultraviolet Curing
3.4.2 Electron Beam Curing
3.5: Global Radiation Curable Speciality Coating Market by Application
3.5.1: Paper and Film
3.5.2: Industrial
3.5.3: Printing Inks
3.5.4: Plastics
3.5.5: Electronics Products
3.5.6: Wood
3.5.7: Adhesives
3.5.8: Glass
3.5.9: Others

4. Market Trends and Forecast Analysis by Region from 2017-2028
4.1: Global Radiation Curable Speciality Coating Market by Region
4.2: North American Radiation Curable Speciality Coating Market
4.2.1: North American Radiation Curable Speciality Coating Market by Raw Material: Oligomers, Monomers, Photoinitiators, and Additives
4.2.2: North American Radiation Curable Speciality Coating Market by End Use Industry: Paper and Film, Industrial, Printing Inks, Plastics, Electronics Products, Wood, Adhesives, Glass, and Others
4.3: European Radiation Curable Speciality Coating Market
4.3.1: European Radiation Curable Speciality Coating Market by Raw Material: Oligomers, Monomers, Photoinitiators, and Additives
4.3.2: European Radiation Curable Speciality Coating Market by End Use Industry: Paper and Film, Industrial, Printing Inks, Plastics, Electronics Products, Wood, Adhesives, Glass, and Others
4.4: APAC Radiation Curable Speciality Coating Market
4.4.1: APAC Radiation Curable Speciality Coating Market by Raw Material: Oligomers, Monomers, Photoinitiators, and Additives
4.4.2: APAC Radiation Curable Speciality Coating Market by End Use Industry: Paper and Film, Industrial, Printing Inks, Plastics, Electronics Products, Wood, Adhesives, Glass, and Others
4.5: ROW Radiation Curable Speciality Coating Market
4.5.1: ROW Radiation Curable Speciality Coating Market by Raw Material: Oligomers, Monomers, Photoinitiators, and Additives
4.5.2: ROW Radiation Curable Speciality Coating Market by End Use Industry: Paper and Film, Industrial, Printing Inks, Plastics, Electronics Products, Wood, Adhesives, Glass, and Others

5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis

6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Radiation Curable Speciality Coating Market by Raw Material
6.1.2: Growth Opportunities for the Radiation Curable Speciality Coating Market by Formulation
6.1.3: Growth Opportunities for the Radiation Curable Speciality Coating Market by Application
6.1.4: Growth Opportunities for the Radiation Curable Speciality Coating Market Region
6.2: Emerging Trends in the Global Radiation Curable Speciality Coating Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Radiation Curable Speciality Coating Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Radiation Curable Speciality Coating Market
6.3.4: Certification and Licensing

7. Company Profiles of Leading Players
7.1: Sherwin-Williams
7.2: PPG
7.3: Axalta Coating Systems
7.4: BASF SE
7.5: Akzo Nobel

Companies Mentioned

  • Sherwin-Williams
  • PPG
  • Axalta Coating Systems
  • BASF SE
  • Akzo Nobel

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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