Radiation Curable Coating Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024 - PowerPoint PPT Presentation

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Title: Radiation Curable Coating Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2016–2024


1
Radiation Curable Coating Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2016-2024
2
REPORT DESCRIPTION
Radiation Curable Coating MarketOverview
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 radiation-cured
coating process includes smearing a low-viscosity
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 cross-linked
high-quality coating. The energy required for
radiation curing is gained from particular
short-wave 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.
3
REPORT DESCRIPTION
Radiation Curable Coating MarketOutlook
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 2015-2016. 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
three-dimensional parts are created from
photosensitive resins. In addition to this,
UV-LED 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.
4
REPORT DESCRIPTION
Radiation Curable Coating MarketSegmentation
  • 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 end-use industry, the global
    market is segmented into
  • Wood Plastics
  • Printing inks
  • Electronics
  • Paper and film coatings
  • Request a sample copy of this reporthttps//www.c
    oherentmarketinsights.com/insight/request-sample/3
    01

5
REPORT DESCRIPTION
Radiation Curable Coating MarketKey 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.coherentmarketinsight
    s.com/ongoing-insight/adhesives-and-sealants-marke
    t-301

6
ABOUT COHERENT MARKET INSIGHTS
ABOUT US
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