Scienza e Tecnologia
UV Curable Coatings Market Size to Reach Revenues of USD 10.75 Billion by 2026 - Arizton
https://www.arizton.com/market-reports/uv-curable-coatings-market
As consumers and industrial goods have diversified, the application of UV curable coatings has increased. Electronics assemblies, electric vehicle batteries, low-migration formulations for food packaging, commercial printing, labels and packaging, and pre-coated substrates are some upcoming end-use segments that grew even in the pandemic and increased the demand for UV curable coatings. UV curing at low temperatures prevents damage to electronic components, helps in enhanced production rates, increases the product's life, paves the way for inline testing, and, hence, minimizes the requirement for space or energy. UV curing offers more durable and reliable products with increased abrasion and chemical resistance and higher bonding strength of dissimilar substrates. Various applications include conformal coatings of printed circuit boards (PCB), wire tacking, and die and pin attachments, among others. The general driving forces for such widening applications are electronic devices getting smaller and faster, the environment, health and safety, total product cost, and manufacturing yield improvement.
The UV curable coatings market in APAC is driven by the rising population, rapid urbanization, continuous industrialization, infrastructure development, and the rise of the middle-class economy with considerable disposable incomes. Flexible packaging, paper & packaging, wood, automotive, electronics, and printing are the key end-user markets that will drive the consumption of UV curing technology.
China is the largest consumer in the region. The rising population of the region and the emerging economies of
China and India are fueling the consumption of UV curable coatings. Continuous industrialization and increasing disposable incomes have led to an increase in demand for various consumer products and helped UV curing technology to flourish in the region.
https://www.arizton.com/market-reports/uv-curable-coatings-market
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