The Radiation Curable Coatings Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Radiation Curable Coatings Market?
The global market for radiation curable coatings has experienced substantial growth historically. The market size is projected to increase from $8.21 billion in 2024 to $8.76 billion in 2025, progressing at a 6.7% compound annual growth rate (CAGR).
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Radiation Curable Coatings Industry?
The Radiation Curable Coatings Global Market is projected to grow to $10.79 billion in 2029, with a compound annual growth rate (CAGR) of 5.3%.
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What are the Key Growth Drivers Fueling the Radiation Curable Coatings Market?
The key drivers in the radiation curable coatings market are:
• Continued regulatory emphasis on VOC reduction
• Expansion of the high-performance coatings market
• Growth in emerging applications
• Increased adoption in the packaging industry.
Global Market Segmentation: Identifying Major Radiation Curable Coatings Industry Segments
The radiation curable coatings market covered in this report is segmented –
1) By Type: Uv Curable Coatings, EB Curable Coatings
2) By Function: Scratch-Resistant, Uv Protection, Chemical Resistant, High-Gloss, Matte and Satin
3) By Application: Paper and Film coatings, Printing Inks, Wood, Plastics, Electronic Products, Other Applications
4) By End Use: Wood Coatings, Metal Coatings, Plastic Coatings, Printed Materials, Electronic Components, Optical Coatings, Automotive Coatings, Aerospace Coatings, Other End User
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What are the Emerging Trends Shaping the Future of the Radiation Curable Coatings Market?
The key trends in the radiation curable coatings market are:
• A focus on digital printing technologies is a noteworthy emerging trend.
• The future is being shaped by technological innovations in UV/EB systems.
• The market is influenced by the growing adoption of these coatings in various end-user industries.
• There are upcoming advancements in formulations and technology.
Who Are the Top Competitors & Leading Players in the Radiation Curable Coatings Market?
Major companies in the radiation curable coatings market are:
• BASF SE
• Bayer Material Science AG
• The Sherwin-Williams Company
• Evonik Industries AG
• Covestro AG
• PPG Industries Inc.
• Arkema Group
• Akzo Nobel NV
• Royal DSM NV
• DIC Corporation
• Axalta Coating Systems
• Asian Paints
• Ashland Global Holdings Inc.
• Yips Chemical Holding Ltd.
• Toyo Ink SC Holdings Co Ltd.
• Allnex Group
• Lamberti SpA
• IGM Resins BV
• Miwon Specialty Chemical Co Ltd.
• Red Spot Paint & Varnish Co Inc.
• Dymax Corporation
• Sartomer USA LLC
• Bomix Chemie GmbH
• Soltech Ltd.
• Sericol Ltd.
• Chugoku Marine Paints Ltd.
• Watson Coating Inc.
• Alpha Coating Technologies
• Hempel A/S
Regional Dominance: Which Area Leads the Global Radiation Curable Coatings Market?
North America was the largest region in the radiation curable coatings market in 2024
