Global UV Curing Coatings Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Technology;

Water-based and Powder-based.

By Chemical Type;

Epoxy acrylate-based, Polyester acrylate-based, and Urethane acrylate-based.

By Application;

Wood coating, Conformal coating, Overprint varnish, Plastic, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn249574556 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global UV Curing Coatings Market (USD Million), 2021 - 2031

In the year 2024, the Global UV Curing Coatings Market was valued at USD 10,123.47 million. The size of this market is expected to increase to USD 22,101.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.8%.

The global UV curing coatings market is experiencing significant growth due to the increasing demand for environmentally friendly and energy-efficient coating solutions. UV curing coatings are formulated to cure or dry rapidly when exposed to ultraviolet (UV) light, offering superior performance and a range of benefits compared to traditional coatings. These coatings are commonly used in various industries, including automotive, electronics, packaging, and furniture, owing to their high durability, excellent gloss, and resistance to abrasion and chemicals.

The shift towards sustainable practices and regulations favoring low-emission technologies has driven the adoption of UV curing coatings. Unlike conventional coatings that often rely on volatile organic compounds (VOCs), UV curing coatings are virtually free of solvents and emit minimal to no VOCs, making them a greener choice. Additionally, the quick curing process enhances production efficiency and reduces energy consumption, further appealing to industries aiming to streamline their operations and reduce environmental impact.

Technological advancements and innovations in UV curing technologies are also propelling the market forward. The development of new UV curing formulations and equipment has expanded the applications and capabilities of these coatings, enabling their use on a wider range of substrates and in various industrial processes. As a result, the global UV curing coatings market is poised for continued growth, driven by both environmental considerations and the evolving needs of modern manufacturing and production practices.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Technology
    2. Market Snapshot, By Chemical Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global UV Curing Coatings Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid Curing

        2. Eco-Friendly

        3. Health Concerns

        4. Emerging Markets

      2. Restraints
        1. Limited Awareness

        2. Complex Equipment

        3. Energy Consumption

        4. Substrate Compatibility

      3. Opportunities
        1. Product Diversification

        2. Automotive Industry

        3. Sustainability Trends

        4. Consumer Electronics

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global UV Curing Coatings Market, By Technology, 2021 - 2031 (USD Million)
      1. Water-based
      2. Powder-based
    2. Global UV Curing Coatings Market, By Chemical Type 2021 - 2031 (USD Million)
      1. Epoxy acrylate-based
      2. Polyester acrylate-based
      3. Urethane acrylate-based
    3. Global UV Curing Coatings Market, By Application, 2021 - 2031 (USD Million)
      1. Wood coating
      2. Conformal coating
      3. Overprint varnish
      4. Plastic
      5. Others
    4. Global UV Curing Coatings Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. 3M Company
      2. AkzoNobel N.V.
      3. BASF SE
      4. Dow Chemical Company
      5. Henkel AG & Co. KGaA
      6. Huntsman Corporation
      7. PPG Industries, Inc.
      8. Royal DSM N.V.
      9. SABIC
      10. Spectra Group Ltd.
      11. TransDigm Group Incorporated
      12. UV-Cure Coatings, Inc.
      13. Nippon Paint Holdings Co., Ltd.
      14. Evonik Industries AG
      15. Wacker Chemie AG
  7. Analyst Views
  8. Future Outlook of the Market