UV硬化型コーティングの世界市場

Report Overview

The global market for UV-curable coatings is estimated to increase from $8.2 billion in 2023 to reach $13.1 billion by 2028 with a compound annual growth rate (CAGR) of 9.6% during the forecast period of 2023-2028.

Summary:

The need for UV coatings is expanding significantly, driven by rising environmental consciousness, advancements in the coatings, and the constant introduction of new component technologies. UV coatings are are environmentally friendly because they are made of 100% curable compositions. That excludes the drying process, which excludes solvent evaporation. Reactive monomers and photoinitiators are found in UV formulations, which cure when exposed to UV radiation. Due to its ability to lower the amount of volatile organic compounds (VOCs) emitted during the drying process, UV has replaced several solvent-based applications. Traditional solvent-based coatings emit organic compounds into the atmosphere, which can be dangerous for both the environment and the health of the personnel applying the coatings. UV coatings are frequently chosen from an environmental standpoint since they don’t release any volatile organic compounds and require little energy to dry. Formulators are considering changing their solvents or switching to UV-curable inks and coatings, and they are becoming increasingly popular in light of these reasons and VOC regulation compliance.

This report has been segmented based on composition, end-use industry, and region.

In terms of composition, UV-cured coating formulations include oligomers, monomers, photoinitiators, and others. A significant amount of the market is comprised of monomers. The monomers are low-volatility, non-flammable, and odorless substances. The number of functional groups a monomer has influences the attributes it contributes to the UV formulation. Monomers typically have one to six UV-curable groups. These monomers are simple multifunctional or monofunctional polyols and low-viscosity materials, most frequently esters of acrylic acid. Typically, acrylic functional groups are used to choose monomers. The COVID-19 pandemic, however, caused supply chain disruptions that resulted in a decline in UV-curable coating sales. This demand would increase significantly with the resurgence of the electronics, industrial coatings, and graphic arts industries.

In terms of value, oligomers make up a significant portion of composition type. These materials are created using various backbone-building chemistries, including polyester acrylates, epoxy acrylates, urethane acrylates, and acrylic acrylates. Oligomers provide most fundamental characteristics of the UV curing formulation. The type of oligomers utilized in the chemical formulation plays a significant role in determining the general characteristics of printing inks, adhesives, coatings, and binders cross-linked by radiant energy. Oligomers are a feasible option for UV-curable resins for many end uses, including wood flooring, kitchen cabinets, and furniture, and are expanding quickly. Oligomers are also utilized in coatings for high-end and mid-range priced furniture, ski and snowboard coatings, and durable and hardwood flooring. Urethane acrylates provide a high-end performance with few process difficulties and almost no VOC emission. Aluminum extrusions, office furniture, appliances, industrial equipment, containers, and numerous other OEM applications use 100% solids UV formulations. High solids coatings, made of two components of polyurethane, cure at lower temperatures than baking systems, which saves energy.

Report Scope:
The scope of the report includes a general outlook of the UV-curable coatings market. It examines industry standards, government and industry support, and other key factors related to the success of UV-curable coatings. This report segments the market into four major sub-segments: end use, type, composition, and region.

The material type explains the relevant and upcoming technologies covering the qualitative aspects of the market in broad detail. A detailed overview of these technologies coupled with relevant market data in terms of market size measured in dollar terms are provided. The scope of the report covers the overview of the global market for UV-curable coatings and an analysis of the global market trends, with the historic year 2021 and estimates for 2023 and 2028 with a projection of CAGR in the forecast duration. The sales values are presented in U.S. dollars. Estimated values used are based on manufacturers’ total revenues.

The study also discusses the market dynamics such as drivers, restraints, opportunities, and challenges. It also examines new and emerging trends and their impact on current and future market dynamics.

Report Synopsis

Report Includes:

• 33 data tables and 25 additional tables
• An overview of the global markets and technologies for UV curable coatings
• Estimates of the market size and analyses of market trends, with data from 2022, estimates for 2023 and projections of compound annual growth rates (CAGRs) through 2028
• Quantification of the market potential for UV curable coatings based on composition, end user and region
• Coverage of technical and commercial developments in the UV curable coatings industry, and an assessment of the emerging technologies
• Insight into the government regulations of paints and coatings industry, technology advancement undertaken by key players, and ESG implementation, and discussion on importance of ESG in the UV-Curable coatings market
• Analysis of patent activity, and a look into the recent industry structure, current competitive scenario, R&D activities, and legislative issues currently focused on the UV-Curable coatings market
• Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies
• Company profiles of major players within the industry, including Akzo Nobel N.V., BASF SE, PPG Industries Inc., The Dow Chemical Company, and Sherwin-Williams Company

Table of Contents

Chapter 1 Introduction
Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Methodology
Information Sources
Geographic Breakdown
Chapter 2 Summary and Highlights
Introduction
Market Size
Chapter 3 Market Overview
Paints and Coatings Industry
How Paint Manufacturers Can Reduce Waste, Improve Sustainability
Industry Disruption Due to COVID-19
Impact of Sustainability Initiatives on Paint and Coatings Manufacturers
Looking Toward the Future
Risk Factors
Economic and Strategic Risks
Operational Risks
Legal and Regulatory Risks
Government Regulations 0f Paints and Coatings Industry
Chapter 4 Market Dynamics
Drivers
Increasing Demand for Waterborne UV Coating Systems
Growing Demand for UV-Curable Coatings in Construction Industries
Eco-Friendly Coatings are Gaining Applications
Growing Demand for Ultraviolet Cured Resin in Printing
Limitations
High Cost Associated with the Production of UV-Curable Coatings
Compliance With Strict Safety and Environmental Requirements Opportunity
Innovative Concepts
Increasing Demand for UV Coatings in Green Coatings
Chapter 5 UV-Curable Coatings Market by Composition
Market Size Estimation and Forecast
Oligomers
Market Size Estimation and Forecast
Monomers
Market Size Estimation and Forecast
Photoinitiators
Market Size Estimation and Forecast
Other Composition
Market Size Estimation and Forecast
Chapter 6 UV-Curable Coatings by End-use Industry
Key Takeaways
End-use Industry Outlook
Market Size Estimation and Forecast
Industrial Coatings
Market Size Estimation and Forecast
Packaging Industry
Framework Regulation EU No. 1935/2004
Plastic Directive EU No. 10/2011 (PIM)
Good Manufacturing Practice (GMP)
Swiss Ordinance (SR 817.023.21)
Regulation (EG) No. 1895/2005
EuPIA GMP / Suitability List of Photoinitiators 1A or 1B
Market Size Estimation and Forecast
Graphic Arts
Market Size Estimation and Forecast
Other End-use Industries
Market Size Estimation and Forecast
Chapter 7 UV-Curable Coatings Market by Region
Key Takeaways
Regional Outlook
Market Size Estimation and Forecast
Asia-Pacific
Market Size Estimation and Forecast
Strategic Insights
North America
Market Size Estimation and Forecast
Strategic Insights
Europe
Market Size Estimation and Forecast
Strategic Insights
RoW
Market Size Estimation and Forecast
Strategic Insights
Chapter 8 Sustainability in UV-Curable Coatings: Global Market
Introduction
Sherwin-Williams Company
AkzoNobel N.V.
PPG Industries, Inc.
Key Drivers of Sustainability in the Coatings Industry
ESG Trends
Volatile Organic Compounds
AkzoNobel N.V.
DIC Corporation
Dow Chemical Company
Carbon Pricing
Importance of ESG in the UV-Curable Coatings Market
ESG Ratings and Metrics: Understanding the Data
ESG Practices in the UV-Curable Coatings Market
Current Status of ESG in the UV-Curable Coatings Market
ESG Score Analysis
Environmental Score
Social Score
Governance Score
Total Score
Risk Scale, Exposure Scale, and Management Scale
Risk Scale
Exposure Scale
Management Scale
Example of Successful ESG Implementation
AkzoNobel Propels Carbon Neutrality Commitment
Sherwin-Williams Takes Aim at Environmental Targets
Occupational Health and Safety is a Priority for Nippon Paint Holdings
To Stay Ahead of the Curve, PPG Industries Rely on Diversity, Equity, and Inclusion
BASF Navigates Corporate Governance Opportunities
Concluding Remarks From BCC
Chapter 9 Emerging Technologies and Developments
Technology Advancement Undertaken by Key Players
Beckers Offers Sustainable UV and EB Technology in Coil Coatings
Protective Coating Prevents UV-C Radiation Damage Used to Kill Coronavirus
Wood Coatings Based on Nanotechnology Are Becoming More Popular
Environmentally Friendly UV Cures Are Being Developed
Granted Patented Technologies
Chapter 10 Competitive Intelligence
Introduction
Competition
Vendor Analysis
Major Strategic Developments
Recent Developments by Key Players
Chapter 11 Company Profiles
ACTEGA SCHMID RHYNER AG
AKZO NOBEL N.V.
ASHLAND GLOBAL HOLDINGS INC.
AXALTA COATING SYSTEMS LTD.
BASF SE
BRILLIANT COATING SOLUTIONS
CRODA INTERNATIONAL PLC
DEUTSCHE DRUCKFARBEN
DIC CORP.
DYMAX CORP.
ETERNAL MATERIALS CO. LTD.
HUIZHOU CHANGRUNFA PAINT CO., LTD
JAINCO INDUSTRY CHEMICALS
PHICHEM CORP.
PPG INDUSTRIES, INC.
SOLTECH LTD
TEKNOS GROUP OY
THE DOW CHEMICAL COMPANY
SHERWIN-WILLIAMS COMPANY
Chapter 12 Appendix: Acronyms

List of Tables
Summary Table : Global Market for UV-Curable Coatings, by Region, Through 2028
Table 1 : Global Market for UV-Curable Coatings, by Composition, Through 2028
Table 2 : Global Market for Oligomers-Based UV-Curable Coatings, by Region, Through 2028
Table 3 : Global Market for Monomers-Based UV-Curable Coatings, by Region, Through 2028
Table 4 : Global Market for Photoinitiators-Based UV-Curable Coatings, by Region, Through 2028
Table 5 : Global Market for Other Composition-Based UV-Curable Coatings, by Region, Through 2028
Table 6 : Global Market for UV-Curable Coatings, by End-use Industry, Through 2028
Table 7 : Global Market for UV-Curable Coatings in Industrial Coatings, by Region, Through 2028
Table 8 : Global Market for UV-Curable Coatings in the Packaging Industry, by Region, Through 2028
Table 9 : Global Market for UV-Curable Coatings in Graphic Arts, by Region, Through 2028
Table 10 : Global Market for UV-Curable Coatings in Other End-use Industry, by Region, Through 2028
Table 11 : Global Market for UV-Curable Coatings, by Region, Through 2028
Table 12 : Asia-Pacific Market for UV-Curable Coatings, by Country, Through 2028
Table 13 : Asia-Pacific Market for UV-Curable Coatings, by Composition, Through 2028
Table 14 : Asia-Pacific Market for UV-Curable Coatings, by End-Use Industry, Through 2028
Table 15 : North American Market for UV-Curable Coatings, by Country, Through 2028
Table 16 : North American Market for UV-Curable Coatings, by Composition, Through 2028
Table 17 : North American Market for UV-Curable Coatings, by End-Use Industry, Through 2028
Table 18 : European Market for UV-Curable Coatings, by Country, Through 2028
Table 19 : European Market for UV-Curable Coatings, by Composition, Through 2028
Table 20 : European Market for UV-Curable Coatings, by End-Use Industry, Through 2028
Table 21 : RoW Market for UV-Curable Coatings, by Sub-Region, Through 2028
Table 22 : RoW Market for UV-Curable Coatings, by Composition, Through 2028
Table 23 : RoW Market for UV-Curable Coatings, by End-Use Industry, Through 2028
Table 24 : ESG Ratings and Metrics: Understanding the Data
Table 25 : ESG Practices in the UV-Curable Coatings Market
Table 26 : Current Status of ESG in the UV-Curable Coatings Market
Table 27 : Risk Scale, Exposure Scale, and Management Scale
Table 28 : Granted Patented Technologies
Table 29 : Ranking of Key Players in UV-Curable Coatings Market, 2022
Table 30 : Recent Development in UV-Curable Coatings Market, 2020-2023
Table 31 : ACTEGA: UV-Curable Coatings Product Portfolio
Table 32 : Akzo Nobel N.V.: Financial Measures, 2021 and 2022
Table 33 : Akzo Nobel N.V.: News, 2021
Table 34 : Akzo Nobel N.V.: UV-Curable Coatings Product Portfolio
Table 35 : Ashland Global Holdings Inc.: Financial Measures, 2021 and 2022
Table 36 : Ashland Global Holdings Inc.: News, 2023
Table 37 : Ashland Global Holdings Inc.: UV-Curable Coatings Product Portfolio
Table 38 : Axalta Coating Systems Ltd.: Financial Measures, 2021 and 2022
Table 39 : Axalta Coating Systems Ltd.: UV-Curable Coatings Product Portfolio
Table 40 : BASF SE: Financial Measures, 2021 and2022
Table 41 : BASF SE: News, 2019
Table 42 : BASF SE: UV-Curable Coatings Product Portfolio
Table 43 : Croda International Plc: Financial Measures, 2021 and 2022
Table 44 : DIC Corp.: Financial Measures, 2021 and 2022
Table 45 : DIC Corp.: UV-Curable Coatings Product Portfolio
Table 46 : Dymax Corp.: News, 2021
Table 47 : Jainco Industry Chemicals: UV-Curable Coatings Product Portfolio
Table 48 : PPG Industries, Inc.: Financial Measures, 2021 and 2022
Table 49 : PPG Industries, Inc.: News, 2023
Table 50 : PPG Industries, Inc.: UV-Curable Coatings Product Portfolio
Table 51 : The Dow Chemical Company: Financial Measures, 2021 and 2022
Table 52 : The Dow Chemical Company: News, 2020
Table 53 : The Dow Chemical Company: UV-Curable Coatings Product Portfolio
Table 54 : Sherwin-Williams Company: Financial Measures, 2021 and 2022
Table 55 : Sherwin-Williams Company: News, 2022
Table 56 : Sherwin-Williams Company: UV-Curable Coatings Product Portfolio
Table 57 : Acronyms Used in This Report

List of Figures
Summary Figure : Global Market for UV-Curable Coatings, by Region, 2022-2028
Figure 1 : Government Regulations of the Paints and Coatings Industry
Figure 2 : Growth in Infrastructure Construction, 2020-2030
Figure 3 : Global Market Shares of UV-Curable Coatings, by Composition, 2022
Figure 4 : Global Market Shares of Oligomers-Based UV-Curable Coatings, by Region, 2022
Figure 5 : Global Market Shares of Monomers-Based UV-Curable Coatings, by Region, 2022
Figure 6 : Global Market Shares of Photoinitiators-Based UV-Curable Coatings, by Region, 2022
Figure 7 : Global Market Shares of Other Composition-Based UV-Curable Coatings, by Region, 2022
Figure 8 : Global Market Shares of UV-Curable Coatings, by End-use Industry, 2022
Figure 9 : Global Market Shares of UV-Curable Coatings in Industrial Coatings, by Region, 2022
Figure 10 : Important Regulations and Directives
Figure 11 : Global Market Shares of UV-Curable Coatings in the Packaging Industry, by Region, 2022
Figure 12 : Global Market Shares of UV-Curable Coatings in Graphic Arts, by Region, 2022
Figure 13 : Global Market Shares of UV-Curable Coatings in Other End-use Industry, by Region, 2022
Figure 14 : Global Market Shares of UV-Curable Coatings, by Region, 2022
Figure 15 : Asia-Pacific Market Shares of UV-Curable Coatings, by Country, 2022
Figure 16 : Asia-Pacific Market Shares of UV-Curable Coatings, by Composition, 2022
Figure 17 : Asia-Pacific Market Shares of UV-Curable Coatings, by End-Use Industry, 2022
Figure 18 : North American Market Shares of UV-Curable Coatings, by Country, 2022
Figure 19 : North American Market Shares of UV-Curable Coatings, by Composition, 2022
Figure 20 : North American Market Shares of UV-Curable Coatings, by End-Use Industry, 2022
Figure 21 : European Market Shares of UV-Curable Coatings, by Country, 2022
Figure 22 : European Market Shares of UV-Curable Coatings, by Composition, 2022
Figure 23 : European Market Shares of UV-Curable Coatings, by End-Use Industry, 2022
Figure 24 : RoW Market Shares of UV-Curable Coatings, by Sub-Region, 2022
Figure 25 : RoW Market Shares of UV-Curable Coatings, by Composition, 2022
Figure 26 : RoW Market Shares of UV-Curable Coatings, by End-Use Industry, 2022
Figure 27 : List of Sustainability Criteria to Identify Greener Paints and Coatings
Figure 28 : Environmental Score of Major Companies
Figure 29 : Social Score of Major Companies
Figure 30 : Governance Score of Major Companies
Figure 31 : Total Score of Major Companies
Figure 32 : Key Development Strategies in the UV-Curable Coatings Market, 2023
Figure 33 : Analysis of Key Development Strategies, by Key Players in the UV-Curable Coatings Market, 2019 to 2023
Figure 34 : Akzo Nobel N.V.: Annual Revenue, 2021 and 2022
Figure 35 : Akzo Nobel N.V.: Revenue Shares, by Business Unit, 2022
Figure 36 : Akzo Nobel N.V.: Revenue Shares, by Country/Region, 2022
Figure 37 : Ashland Global Holdings Inc.: Annual Revenue, 2021 and 2022
Figure 38 : Ashland Global Holdings Inc.: Revenue Shares, by Business Unit, 2022
Figure 39 : Ashland Global Holdings Inc.: Revenue Shares, by Country/Region, 2022
Figure 40 : Axalta Coating Systems Ltd.: Annual Revenue, 2021 and 2022
Figure 41 : Axalta Coating Systems Ltd.: Revenue Shares, by Business Unit, 2022
Figure 42 : Axalta Coating Systems Ltd.: Revenue Shares, by Country/Region, 2022
Figure 43 : BASF SE: Annual Revenue, 2021 and 2022
Figure 44 : BASF SE: Revenue Shares, by Business Unit, 2022
Figure 45 : BASF SE: Revenue Shares, by Country/Region, 2022
Figure 46 : Croda International Plc: Annual Revenue, 2021 and 2022
Figure 47 : Croda International Plc: Revenue Shares, by Business Unit, 2022
Figure 48 : Croda International Plc: Revenue Shares, by Country/Region, 2022
Figure 49 : DIC Corp.: Annual Revenue, 2021 and 2022
Figure 50 : DIC Corp.: Revenue Shares, by Business Unit, 2022
Figure 51 : PPG Industries, Inc.: Annual Revenue, 2021 and 2022
Figure 52 : PPG Industries, Inc.: Revenue Shares, by Business Unit, 2022
Figure 53 : PPG Industries, Inc.: Revenue Shares, by Country/Region, 2022
Figure 54 : The Dow Chemical Company: Annual Revenue, 2021 and 2022
Figure 55 : The Dow Chemical Company: Revenue Shares, by Business Unit, 2022
Figure 56 : The Dow Chemical Company: Revenue Shares, by Country/Region, 2022
Figure 57 : Sherwin-Williams Company: Annual Revenue, 2021 and 2022
Figure 58 : Sherwin-Williams Company: Revenue Shares, by Business Unit, 2022