#Global UV Curing System Market trends

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Automotive Refinish Market 2024 : Size, Growth Rate, Business Module, Product Scope, Regional Analysis And Expansions 2033

The Automotive Refinish Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Automotive Refinish Market: https://www.thebusinessresearchcompany.com/report/automotive-refinish-global-market-report

According to The Business Research Company’s Automotive Refinish Global Market Report 2024, The automotive refinish market size is expected to see strong growth in the next few years. It will grow to $16.20 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth in the forecast period can be attributed to higher accident rates, the rise of OEM (Original Equipment Manufacturer) standards, the rise of do-it-yourself (DIY) culture, stricter regulations on emissions, and changes in vehicle ownership patterns. Major trends in the forecast period include innovations in refinishing products, developments in paint and coating technologies, advancements in skilled technicians, advancements in digital color matching technology, and technological advancements.

The rise in instances of accidents and vehicle damages is expected to propel the growth of the automotive refinish market going forward. The main causes of the rise in instances of accidents and vehicle damages include driver behavior such as speeding, distracted driving, and drunk driving, as well as unsafe road infrastructure and vehicle design. Automotive refinishing is used for repairing and restoring vehicle exteriors after accidents or damages, ensuring aesthetic and structural integrity. It helps maintain the vehicle's appearance and resale value. For instance, in May 2022, according to an estimate published by the National Highway Traffic Safety Administration (NHTSA), a US-based federal agency, the number of fatalities in motor vehicle traffic crashes increased by 10.5%, with an estimated 42,915 deaths in 2021 compared to 38,824 fatalities in 2020. Therefore, the rise in instances of accidents and vehicle damages is driving the growth of the automotive refinish market.

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The automotive refinish market covered in this report is segmented –

1) By Product Type: Primer, Base Coat, Top Coat, Clear Coat 2) By Material Type: Polyurethanes, Acrylics, Alkyd 3) By Technology: Solvent Borne, Water Borne, Ultraviolet (UV) Cure 4) By Applications: Passenger Vehicle, Commercial Vehicle 5) By End User: Original Equipment Manufacturer (OEM), Aftermarket

Major companies operating in the automotive refinish market are focusing on technological advancements, such as low-gloss clearcoat systems, to better serve customers. A low-gloss clearcoat system is a type of automotive clear coat that can reproduce a range of gloss levels, making it ideal for applications that require a matte or satin finish rather than a high-gloss shine. For instance, in May 2021, PPG Industries Inc., a US-based paint and coating manufacturing company, launched a new waterborne low-gloss clearcoat system consisting of two high-quality 2K acrylic urethane clears. This system can achieve a variety of gloss levels, making it perfect for specialized refinish repairs on low-gloss finishes. This new clearcoat system is part of PPG's broad range of clearcoats designed to meet diverse bodyshop and OEM needs. This range includes their award-winning CERAMICLEAR line as well as Matt and Express Clearcoats. PPG also offers a comprehensive selection of hardeners and thinners, facilitating a wide array of repair processes, from spot repairs to complete resprays, in various temperatures and body shop conditions.

The automotive refinish market report table of contents includes:

1. Executive Summary 

2. Automotive Refinish Market Characteristics

3. Automotive Refinish Market Trends And Strategies

4. Automotive Refinish Market - Macro Economic Scenario

5. Global Automotive Refinish Market Size and Growth ..........

32. Global Automotive Refinish Market Competitive Benchmarking

33. Global Automotive Refinish Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Automotive Refinish Market

35. Automotive Refinish Market Future Outlook and Potential Analysis

36. Appendix

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The Curing Oven Market is projected to grow from USD 4,325 million in 2024 to USD 6,245.39 million by 2032, reflecting a compound annual growth rate (CAGR) of 4.70%. The curing oven market is a vital segment within the broader industrial heating equipment industry, playing a critical role in various manufacturing processes across multiple sectors. From automotive to electronics, the demand for curing ovens is driven by the need for efficient and consistent thermal processing, which is essential for curing coatings, adhesives, and other materials. This article explores the current state of the curing oven market, key trends, growth factors, and future prospects.

Browse the full  report at https://www.credenceresearch.com/report/curing-oven-market

Market Overview

Curing ovens are specialized industrial ovens designed to facilitate the chemical reaction necessary for curing a variety of materials, such as powder coatings, adhesives, and composites. These ovens operate at a wide range of temperatures and can be configured in various designs, including batch, conveyor, and continuous ovens, depending on the specific requirements of the application.

The global curing oven market has witnessed steady growth in recent years, largely driven by the expansion of industries that rely heavily on curing processes. The automotive, aerospace, and electronics sectors are among the primary consumers of curing ovens, as they require precise thermal management to ensure the durability and quality of their products.

Key Trends Driving the Market

1. Technological Advancements: The curing oven market has seen significant technological advancements, particularly in the area of energy efficiency and process control. Modern curing ovens are equipped with advanced control systems that allow for precise temperature management, reducing energy consumption and improving the consistency of the curing process. Additionally, innovations such as infrared and ultraviolet (UV) curing technologies are gaining traction, offering faster curing times and lower energy usage compared to traditional thermal curing methods.

2. Sustainability and Energy Efficiency: As industries worldwide increasingly focus on sustainability, the demand for energy-efficient curing ovens has risen. Manufacturers are investing in research and development to create ovens that consume less energy and reduce greenhouse gas emissions. This trend is particularly evident in regions with stringent environmental regulations, where companies are compelled to adopt greener technologies to remain compliant.

3. Customization and Flexibility: The growing demand for customized products has led to an increased need for flexible curing ovens that can be tailored to specific manufacturing processes. Manufacturers are offering ovens with modular designs that can be easily adapted to different applications, allowing companies to optimize their production lines and reduce downtime. This trend is especially prominent in industries such as automotive and aerospace, where production runs often involve varied and complex components.

4. Digitalization and Industry 4.0: The integration of digital technologies and Industry 4.0 principles into manufacturing processes is also impacting the curing oven market. Smart curing ovens equipped with IoT sensors and real-time monitoring systems enable manufacturers to collect data on oven performance, identify inefficiencies, and make data-driven decisions to improve productivity. This digitalization trend is expected to continue shaping the market, as more companies embrace smart manufacturing practices.

Growth Factors

1. Expansion of End-Use Industries: The expansion of end-use industries, particularly automotive, aerospace, and electronics, is a major driver of the curing oven market. As these industries continue to grow, the demand for reliable and efficient curing solutions increases. For instance, the rise in electric vehicle production has created a need for advanced curing ovens to handle the specialized coatings and adhesives used in battery and motor components.

2. Rising Demand for High-Performance Materials: The increasing use of high-performance materials, such as composites and advanced coatings, in various industries is driving the demand for curing ovens. These materials often require precise thermal processing to achieve their desired properties, making curing ovens an essential part of the manufacturing process.

3. Emerging Markets: The curing oven market is also experiencing growth in emerging markets, particularly in Asia-Pacific and Latin America. Rapid industrialization, coupled with increasing investments in infrastructure and manufacturing, is creating new opportunities for curing oven manufacturers. These regions are expected to see robust demand for curing ovens in the coming years, driven by the growth of automotive, electronics, and construction industries.

Future Prospects

The future of the curing oven market looks promising, with continued growth expected across various sectors. The ongoing shift towards sustainable and energy-efficient manufacturing processes will likely drive further innovation in curing oven technology. Additionally, the increasing adoption of smart manufacturing practices and the integration of digital technologies will open up new possibilities for enhancing oven performance and efficiency.

Moreover, as industries continue to evolve, the demand for customized and flexible curing solutions will increase, pushing manufacturers to develop more adaptable and versatile ovens. The growing emphasis on high-performance materials will also create new challenges and opportunities for the curing oven market, as companies seek to optimize their thermal processing capabilities.

Key Player Analysis

Genlab Limited

Sailham

International Thermal Systems

Catalytic Industrial Systems

Spooner Industries

JPW Design and Manufacturing

WISCONSIN OVEN

Despatch Industries

DIMA Group

HENGXINDA Painting

Thermal Product Solutions (TPS)

Steelman Industries

LEWCO

Reputation Sincere DianZi

Armature Coil Equipment

Heller Industries

JLS Redditch Ltd

KE Hui Feiyan Shebei

Changlu Group

Segments:

Based on Oven Type:

Batch Curing Ovens

Continuous Curing Ovens

Based on Heating Source:

Electric

Gas

Infrared

Others

Based on Industry:

Automotive

Aerospace

Electronics

Building and Construction

Furniture and Woodworking

Healthcare and Medical Devices

Industrial Manufacturing

Others

Based on the Geography:

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

South-east Asia

Rest of Asia Pacific

Latin America

Brazil

Argentina

Rest of Latin America

Middle East & Africa

GCC Countries

South Africa

Rest of the Middle East and Africa

Browse the full  report at https://www.credenceresearch.com/report/curing-oven-market

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Wood Coatings Market: Trends & Opportunities 2024-2032

According to Triton Market Research, the Global Wood Coatings Market report is sectioned by Resin Type (Polyurethane, Nitrocellulose, Acrylic, Other Resin Types), Technology (Water-Borne, Powder Coatings, UV-cured, Solvent-Borne), Application (Furniture and Fixture, Cabinet, Doors and Window, Flooring, Deck), and Regional Outlook (Middle East and Africa, Europe, Asia-Pacific, North America, Latin America).

The report highlights the Market Summary, Industry Outlook, Porter’s Five Forces Analysis, Market Maturity Analysis, Supply Chain Analysis, Regulatory Framework, Key Buying Impact Analysis, Key Market Strategies, Market Drivers, Challenges, Opportunities, Analyst Perspective, Competitive Landscape, Research Methodology and scope, Global Market Size, Forecasts & Analysis (2024-2032).

Based on Triton’s research report, the global market for wood coatings is set to advance in value at a CAGR of 4.02% during the forecast period 2024-2032.

Wood coating serves a dual purpose: safeguarding and enhancing wood or wood-based structures. By shielding wooden surfaces, it bolsters their durability and utility. Simultaneously, it elevates their aesthetic appeal, contributing to effective product promotion.

Factors such as personalized solutions for flooring and furniture, the emergence of smart coating technology, and improved coating performance via nanotechnology, creates lucrative opportunities for the wood coatings market globally. Smart coatings offer an array of functionalities, such as self-healing, anti-fouling, and antimicrobial properties, enhancing the durability and performance of wood surfaces. This extends the lifespan of wood products and reduces maintenance costs. Moreover, smart coatings contribute to sustainability efforts by minimizing the need for frequent reapplications and replacements, thus reducing waste. With increasing environmental concerns and a growing emphasis on eco-friendly solutions, the adoption of smart coatings is set to escalate, driving market growth and innovation.

However, fluctuating raw material costs and competition from composite materials limit the overall development of the wood coatings market worldwide.

The Asia-Pacific region is set for the fastest growth in the coming years. One key driver is the region’s growing construction and furniture industries, particularly in countries like China, India, and Vietnam, where urbanization and rising disposable incomes have fueled demand for high-quality wood products. Additionally, there is a growing awareness and emphasis on environmental sustainability, leading to an increasing preference for eco-friendly coatings with low volatile organic compound (VOC) content. Moreover, technological advancements in coatings formulations, such as the development of water-based and UV-curable coatings, are gaining traction due to their superior performance and reduced environmental impact.

The renowned companies in the wood coatings market are Nippon Paint Holdings Co Ltd, Diamond Paints, PPG Industries Inc, Asian Paints, RPM International Inc, The Sherwin-Williams Company, BASF SE, Akzo Nobel NV, Axalta Coating Systems LLC, and Kansai Helios.

With evolving consumer preferences and stringent environmental regulations, barriers to entry remain significant, deterring potential newcomers. Established players continually innovate to maintain market share, investing in research and development to offer eco-friendly and high-performance coatings. Intense rivalry among existing competitors fuels pricing pressures and product differentiation strategies, compelling companies to enhance quality and expand distribution networks. Amidst these challenges, strategic alliances and mergers are common, reshaping the competitive landscape and fostering consolidation.

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Paints and Coatings Industry Size 2024 | Growth, Top players, Outlook Report 2032

IMARC Group, a leading market research company, has recently releases report titled “Paints and Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032" The global paints and coatings market size reached US$ 177.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 269.0 Billion by 2032, exhibiting a growth rate (CAGR) of 4.6% during 2024-2032.

Significant growth in the construction industry across the globe is creating a positive outlook for the market. Paints and coatings are widely used on panels, windows, walls, roofs, door frames, and interior extrusions for protection, decoration, and aesthetics. Additionally, the widespread product adoption in the automotive industry, owing to their color stability, continuous protective film formation, corrosion, abrasion and scratch resistance, flexibility, and durability, is favoring the market growth.

Request For Sample Copy of Report: https://www.imarcgroup.com/paints-coatings-market/requestsample

Factors Affecting the Growth of the Paints and Coatings Industry:

Increasing Construction Activities:

The expanding global population and the increasing construction of residential and commercial buildings represent one of the key factors driving the demand for paints and coatings for protection and aesthetic enhancement. Paints and coatings are widely used in the construction industry to protect buildings from harsh environmental conditions, such as UV radiation, moisture, and corrosion. They also contribute to energy efficiency through reflective coatings, which help reduce cooling costs. Additionally, the rising renovation and remodeling activities of existing infrastructure are catalyzing the demand for paints and coatings.

Automotive Industry Advancements:

The increasing sales of passenger and commercial vehicles across the globe are driving the demand for high-quality coatings. These coatings are extensively used in the automotive industry for enhancing aesthetics and providing protection against corrosion and wear. In line with this, the escalating demand for visually appealing and customized vehicles is propelling the market growth. Paints and coatings enable car manufacturers to offer a wide range of colors and finishes, allowing individuals to personalize their vehicles. Moreover, advanced coatings with features like self-healing properties and resistance to scratches and chemicals are gaining popularity, contributing to the market growth.

Industrial and Protective Coatings:

The rising reliance of several industries, such as oil and gas, manufacturing, and aerospace on these specialized coatings to protect equipment and infrastructure from corrosion, abrasion, and extreme conditions is facilitating the market growth. In addition, the increasing emphasis on asset maintenance and longevity is strengthening the growth of the market. Along with this, the implementation of stringent regulations and safety standards in various industries to mandate the use of protective coatings and ensure the integrity of critical infrastructure is influencing the market positively.

Leading Companies Operating in the Global Paint and Coatings Industry:

Akzo Nobel N.V.

Asian Paints Ltd.

Axalta Coating Systems Ltd.

Berger Paints India Limited

Indigo Paints Limited

Jotun A/S

Kansai Paint Co. Ltd.

National Paints Factories Co. Ltd.

PPG Industries Inc.

RPM International Inc.

The Sherwin-Williams Company and Tiger Coatings GmbH & Co. KG.

Paints and Coatings Market Report Segmentation:

By Product:

Waterborne Coatings

Solvent-borne Coatings

Powder Coatings

High Solids/Radiation Curing

Others

Waterborne coatings dominate the market due to their environment friendly nature, low VOC content, and versatility in various applications.

By Material:

Acrylic

Alkyd

Polyurethane

Epoxy

Polyester

Others

Acrylic represents the largest market segment due to its excellent durability, weather resistance, and wide range of color options.

By Application:

Architectural and Decorative

Non-Architectural

Automotive and Transportation

Wood

General Industrial

Marine

Protective

Others

Architectural and decorative hold the largest market share as paints and coatings protect residential and commercial construction from unfavorable conditions.

Regional Insights:

North America (United States, Canada)

Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)

Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

Latin America (Brazil, Mexico, Others)

Middle East and Africa

Asia Pacific's dominance in the paints and coatings market is attributed to its robust construction and automotive industries, increasing urbanization, and a growing middle-class population.

Global Paints and Coatings Market Trends:

The increasing environmental awareness among the masses represents one of the primary factors propelling the market growth. Additionally, the rising preferences of individuals for sustainable and eco-friendly coatings are offering a favorable market outlook. Along with this, governing authorities and regulatory bodies around the world are implementing stricter environmental standards and regulations, which include limits on volatile organic compounds (VOCs) and hazardous chemicals in coatings. Moreover, the leading market players are investing in research and development (R&D) activities to create innovative formulations.

Other Key Points Covered in the Report:

COVID-19 Impact

Porters Five Forces Analysis

Value Chain Analysis

Strategic Recommendations

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Digital Printing Market: Pathways to Industry Dominance

The latest report, titled ‘Global Digital Printing Market,’ comprises a profound analysis of the fundamental parameters contributing to the global Digital Printing market scenario. The research report provides the reader with an in-depth interpretation of the Digital Printing market dynamics, including the crucial drivers, opportunities, threats, and challenges. The report also describes the key business strategies, demand and supply ratios, leading regions, and the renowned market players, in a nutshell, offering a futuristic outlook of the overall Digital Printing industry. The market intelligence report is a prototype of the 360° overview of the global Digital Printing industry, shedding light on the estimated market value, share, growth trends, gross revenue, competitive overview, prominent manufacturers and buyers, available product types, and end-use applications.

The Digital Printing market size reached USD 25.20 Billion in 2021 and is expected to register a revenue CAGR of 7.4% during the forecast period to the latest analysis by Emergen Research. The increasing adoption of digital printing in the packaging industry is a major factor driving the growth of the market. In addition, the growing demand for digital printing from the textile industry is beneficial for revenue growth of the global market. One of the major advantages of this method of printing is the speed with which adjustments may be made during a manufacturing run. In contrast to full-day shutdowns, new labels and features may be swapped out in minutes. This gives a lot of flexibility when it comes to accommodating last-minute project modifications or resource swaps. When it comes to labeling, digital printing allows for variable input data, such as using unique labeling information extracted from a database rather than a single file source. Since plates do not need to be manufactured for each label set, this significantly speeds up labeling manufacturing. All the printer has to do now is double-check that the current database is the one required to complete the current task. This strategy provides for very short lead times due to the great flexibility mentioned above, making it a go-to platform for last-minute assignments with only a few days to setup.

To receive a PDF sample of the report, visit @ https://www.emergenresearch.com/request-sample/1046

The latest research report is dubbed as the first document encompassing the latest information about the Digital Printing market that has been gravely affected by the COVID-19 pandemic. The global health crisis poses significant threats to the future growth of the Digital Printing industry. The report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.

Market Overview:

The report bifurcates the Digital Printing market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Digital Printing Market Segmentation:

Ink Outlook (Revenue, USD Billion; 2019–2030)

Aqueous

Solvent

UV-Cured

Latex

Dye Sublimation

Others

Print Head Outlook (Revenue, USD Billion; 2019–2030)

Inkjet

Thermal Inkjet

Piezo Inkjet

Electrostatic Inkjet

Micro-Electro Mechanical System Inkjet

Laser

Application Outlook (Revenue, USD Billion; 2019–2030)

Books

Commercial Printing

Texting

Packaging

Labels

Corrugated Packaging

Cartons

Flexible Packaging

Metal Packaging

Others

It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.

The report also discusses the key players involved in the market such as

Avery Dennison Corporation, Hewlett-Packard Development Company, L.P, Seiko Epson Corporation, Ricoh Company, Inca Digital Printers Limited, Smurfit Kappa Group PLC, Roland DG Corporation, Westrock Company, Amcor PLC, and ARC Document Solutions LLC

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1046

Global Digital Printing Market Highlights:

Regional demand estimation and forecast

Product Mix Matrix

R&D Analysis

Cost-Benefit Analysis

Pre-commodity pricing volatility

Supply chain optimization analysis

Technological updates analysis

Raw Material Sourcing Strategy

Competitive Analysis

Mergers & Acquisitions

Location Quotients Analysis

Carbon Footprint Analysis

Patent Analysis

Vendor Management

Regional Landscape section of the Digital Printing report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Browse Full Report Description + Research Methodology + Table of Content + Infographics @ https://www.emergenresearch.com/industry-report/digital-printing-market

Highlights of Table of Contents (TOC):

Overview of Global Digital Printing Market

Competitive analysis of the Digital Printing market

Regional analysis of Global Digital Printing market production and revenue

Regional analysis of Global Digital Printing market supply, consumption, and export & import

Type-based market analysis of global Digital Printing production, revenue, and price trends

Application-based analysis of the global Digital Printing market

Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Digital Printing market

Global Digital Printing market forecast (2020-2027)

Conclusion of the research report

Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

Look Over transcripts provided by Emergen Research

Carbon Capture and Storage Market

Intraoperative Radiation Therapy Market

Epoxy Curing Agents Market

Mass Flow Controller Market

Industrial Valves Market

Facility Management Market

Digital Maintenance, Repair, and Operations Market

Tractors Market

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Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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[chemicalresearchupdates]

Ultraviolet Uv Curable Resins Market CAGR Status, Emerging Trends and Forecast till 2030

The UV-curable resins market is a growing segment of the chemical industry, driven by the demand for high-performance coatings, adhesives, and inks. UV-curable resins are a class of polymers that can be cured using ultraviolet light. They offer several advantages over traditional solvent-based systems, such as faster curing times, lower VOC emissions, and improved durability.

Market Size and Growth

The global UV-curable resins market size was valued at USD 3.3 billion in 2020 and is projected to reach USD 6.5 billion by 2025, at a CAGR of 14.0% from 2020 to 2025. The market growth is driven by the increasing demand for environmentally friendly coatings, the growing adoption of UV-curable resins in 3D printing, and the rising demand for high-performance adhesives and coatings in various industries.

Product Types

The UV-curable resins market can be segmented based on product type into:

Acrylated Epoxies

Acrylated Polyesters

Acrylated Urethanes

Acrylated Silicones

Others (includes methacrylates, vinyl ethers, and cationic resins)

Acrylated epoxies are the largest product segment, accounting for the majority of the market share. Acrylated polyesters and acrylated urethanes are also significant product segments due to their excellent adhesion and chemical resistance properties.

Applications

The UV-curable resins market can be segmented based on application into:

Coatings

Adhesives

Inks

Others (includes 3D printing, electronics, and composites)

Coatings are the largest application segment due to the increasing demand for high-performance coatings in various industries, such as automotive, aerospace, and construction. UV-curable coatings offer several advantages, such as faster curing times, higher durability, and lower VOC emissions. Adhesives are also a significant application segment due to the increasing demand for high-performance adhesives in various industries, such as automotive, construction, and electronics.

Regional Analysis

The UV-curable resins market can be segmented based on region into:

North America

Europe

Asia Pacific

Middle East & Africa

South America

Asia Pacific is the largest market for UV-curable resins, accounting for the majority of the market share. The market growth in the region is driven by the increasing demand for high-performance coatings, adhesives, and inks in various industries, such as automotive, construction, and electronics. North America and Europe are also significant markets for UV-curable resins due to the increasing demand for environmentally friendly coatings and adhesives in these regions.

Key Players

The UV-curable resins market is highly competitive, with several players operating in the market. Some of the key players in the market include:

BASF SE

Allnex Belgium SA/NV

DSM-AGI Corporation

Nippon Gohsei

IGM Resins BV

Covestro AG

Hitachi Chemical Co., Ltd.

Toyo Ink SC Holdings Co., Ltd.

Eternal Materials Co., Ltd.

Miwon Specialty Chemical Co., Ltd.

Conclusion

The UV-curable resins market is a growing segment of the chemical industry, driven by the increasing demand for high-performance coatings, adhesives, and inks. The market is expected to grow at a significant rate in the coming years due to the increasing demand for environmentally friendly coatings and adhesives and the growing adoption

[kritikapatil]

UV LED Market Growing Popularity and Emerging Trends in the Industry

Latest added UV LED Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are

Lumex Inc. (United States)

Kingbright Electronic Co, Ltd (China)

INTERNATIONAL LIGHT TECHNOLOGIES INC (United States)

FATRI (Xiamen) Technologies Co., Ltd. (France)

NICHIA CORPORATION (Japan)

Lumileds Holding B.V. (Netherlands)

Shenzhen Refond Optoelectronics Co., Ltd (China)

Shenzhen Getian Opto-Electronics Co., Ltd (China)

STANLEY ELECTRIC CO., LTD. (Japan)

Sanan Optoelectronics Co., Ltd. (China)

LITE-ON (China)

ProPhotonix (United States)

UV LED stands for Ultraviolet Light Emitting Diodes. These are a solid-state device that produces light when an electrical current is allowed to flow from the positive (p-type or anode) side of the circuit to the negative (n-type or cathode) side. This type of LED is made to produce a specific narrow range of UV wavelengths. It helps to reduce power consumption. UV LEDs are used for different purposes in different industries.

Influencing Trend: Increasing Adoption of UV-C LED in Medical Industry for Sterilization and Disinfection Applications

Challenges: Cutthroat Competition in the UV LED Markets with the Presence of Numerous Players

Opportunities: Rise In Popularity Of UV LED In Water Purification Systems

Wide range of UV LED Leads Growth in Distribution Markets B2B and B2C

Market Growth Drivers: Growing Demand for Environmentally Friendly Methods of Producing UV Light

Emerging Need for Alternative To Mercury Lamps

The Global UV LED segments and Market Data Break Down by Type (UV-A LED, UV-B LED, UV-C LED), Application (Curing, Medical, Analytic Tools, Sterilization and Disinfection, Others), Sales Channel (Online, Offline)

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Global UV LED Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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What is the Expected Future Outlook for the Overall Global UV LED Market Across the globe?

The Global UV LED market was valued at USD ~billion in 2022P and is anticipated to reach USD ~billion by the end of 2028F, witnessing a CAGR of ~% during the forecast period 2022P-2028F. The realistic growth scenario represents the most likely scenario as per current market conditions. This scenario assumes that there will be no overall impact on the market due to any potential COVID-19 waves in the future.

The Global UV LED market is driven by factors such as increasing adoption of smart home devices across countries. The growing trend of horticulture and indoor farming in developing countries. However, the market is also constantly being influenced by rapid development in technology, product innovation, and diversification in some countries.

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Increasing government energy-saving policies, and strategies are one of the major factors propelling UV LED market growth.

For instance, in August 2022, the U.S. Department of Energy, an executive department of the U.S. federal government, released two reports focused on better understanding the current state and viability of commercial ultraviolet (UV) LED products. First, initial UV LED standards and distinctions with white LEDs, followed by an operating lifetime study of UV LED products.

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With the increasing innovation and technology, the Global UV LED market is changing rapidly. For instance, In May 2022, Fujifilm, a Japanese photography company, launched the Active Hybrid LED UV retrofit system, to be installed on new presses or retrofitted to existing equipment by label and packaging converters. In addition, the system combines high-power, low-heat LED UV curing technologies with Fujifilm's ink expertise to strengthen label production on narrow web presses. Furthermore, in April 2022, Intertronics, a UK-based distribution company, launched its new range of LED UV curing flood lamps, namely the 'DymaxBlueWave FX-1250 LED UV Curing Flood Lamp,' which can cure LED matched UV curable adhesives, coatings, and inks with high uniformity, irradiances UV light.

The Global UV LED Market is forecasted to continue an exponential growth that is witnessed since 2017. The major driving factors contributing to the expansion of UV LEDs is increasing prevalence of water-borne diseases across countries, along with the Increasing government energy-saving policies, and strategies. Though the market is highly competitive with around ~500 participants, few country-niche players control the dominant share and regional players also hold a significant share.

By Product Type

UV-A

UV-B

UV-C

By Application

Light/UV Curing

Medical Field

Disinfection/Purification

Counterfeit Detection

By End User

Healthcare

Residential

Industrial

Commercial

By Geography

North America

S.

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea Rest of Asia Pacific

LAMEA

Latin America

Middle East

Africa

Key Players

Koninklijke Philips N.V.

Nichia Corporation

Nordson Corporation

Phoseon Technology

SemiLEDs Corporation

Seoul Semiconductor Co. Ltd.

Crystal IS, Inc.

Lumileds Holding B.V.

G Electronics

Sensor Electronics Technology

For more information on the research report, refer to the below link:

Global UV LED Market Size, Segments, Outlook, and Revenue Forecast 2022-2028: Ken Research

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Melanoma Drugs Market to Witness Revolutionary Growth by 2027 | AstraZeneca, GlaxoSmithKline, Merck, Pfizer

The latest study released on the Global Melanoma Drugs Market by AMA Research evaluates market size, trend, and forecast to 2027. The Melanoma Drugs market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include: Bristol-Myers Squibb (United States), Enzon Pharmaceuticals (United States), Exelixis (United States), GlaxoSmithKline (United Kingdom), Merck (United States), Pfizer (United States), Janssen Biotech (United States), Hoffmann-La Roche Ltd ( Switzerland), Navidea Biopharmaceuticals (United States), AstraZeneca (United Kingdom) Download Sample Report PDF (Including Full TOC, Table & Figures) @ https://www.advancemarketanalytics.com/sample-report/55552-global-melanoma-drugs-market#utm_source=OpenPRVinay

Definition: Melanoma is a type of skin cancer that occurs due to major risk factor like high levels of exposure to ultraviolet (UV) light leading to blistering sunburns, particularly among population groups who stay either in countries, which are in proximity to the equator or at very high altitudes. According to the American Academy of Dermatology, the prevalence of melanoma is gradually increasing & rapidly spreads to other parts of the body. Nevertheless, if melanoma is detected at an early stage i.e. in situ or stage 0, it can be cured completely with surgical removal without any delays in seeking treatment. Survival rates from the disease are approximately 100 percent. Systemic drug therapy for melanoma mainly depends on the properties and stage at which melanoma is detected.

Market Drivers: • Exposure to ultraviolet (UV) light due to increasing global warming • Increment in the count of chronic diseases like melanoma, skin cancer, and skin allergies

Market Trend: • Introduction of novel therapeutics with enhanced efficacy • Companies are undertaking various R&D activities to find new indications

Market Opportunities: • Rising skin diseases due to air pollution • Increasing number of FDA approvals

The Global Melanoma Drugs Market segments and Market Data Break Down are illuminated below: by Application (Hospitals, Clinics, Other), Therapy (Chemotherapy, Immuno-therapy, Targeted Therapy, Radiation Therapy)

Global Melanoma Drugs market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report • -To carefully analyze and forecast the size of the Melanoma Drugs market by value and volume. • -To estimate the market shares of major segments of the Melanoma Drugs • -To showcase the development of the Melanoma Drugs market in different parts of the world. • -To analyze and study micro-markets in terms of their contributions to the Melanoma Drugs market, their prospects, and individual growth trends. • -To offer precise and useful details about factors affecting the growth of the Melanoma Drugs • -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Melanoma Drugs market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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Major highlights from Table of Contents: Melanoma Drugs Market Study Coverage: • It includes major manufacturers, emerging player's growth story, and major business segments of Melanoma Drugs market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology. • Melanoma Drugs Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. • Melanoma Drugs Market Production by Region Melanoma Drugs Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors. • Key Points Covered in Melanoma Drugs Market Report: • Melanoma Drugs Overview, Definition and Classification Market drivers and barriers • Melanoma Drugs Market Competition by Manufacturers • Impact Analysis of COVID-19 on Melanoma Drugs Market • Melanoma Drugs Capacity, Production, Revenue (Value) by Region (2021-2027) • Melanoma Drugs Supply (Production), Consumption, Export, Import by Region (2021-2027) • Melanoma Drugs Production, Revenue (Value), Price Trend by Type {Payment Gateway, Merchant Account, Subscription Management,} • Melanoma Drugs Manufacturers Profiles/Analysis Melanoma Drugs Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing • Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered • How feasible is Melanoma Drugs market for long-term investment? • What are influencing factors driving the demand for Melanoma Drugs near future? • What is the impact analysis of various factors in the Global Melanoma Drugs market growth? • What are the recent trends in the regional market and how successful they are?

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Nanoimprint Lithography System Market: Must Know the 2021 Heat Map Analysis

Latest released the research study on Global Nanoimprint Lithography System Market, offers a detailed overview of the factors influencing the global business scope. Nanoimprint Lithography System Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Nanoimprint Lithography System. The study covers emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are Obducat (Sweden),EV Group E. Thallner GmbH (Austria),Canon Nanotechnologies, Inc. (United States),Molecular Imprints Inc. (United States),Nanonex Corp. (United States),SUSS MicroTec Lithography GmbH (Germany),Nanoscribe GmbH (Germany),NIL Technology ApS (Denmark),OAI Nanoimprint System (United States),IK4-TEKNIKER (Spain),.

Free Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/6637-global-nanoimprint-lithography-system-market-1 Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in Global Nanoimprint Lithography System Market various segments and emerging territory.

Nanoimprint Lithography System Market Overview Nanoimprint lithography (NIL) is a technique of fabricating nanometer-scale patterns. It’s a straightforward nanolithography method with low price, high throughput, and high resolution. It creates patterns by mechanical deformation of imprint resist and succeeding processes. The imprint resist is often a monomer or polymer formulation that's cured by heat or ultraviolet light throughout the imprinting. Adhesion between the resist and the template is controlled to permit proper release.

Market Drivers Growing Consumer Electronics Industry

The Rising Demand for Optical Equipment Worldwide

Technological Advancements

Restraints Tribological Issues of Nanoimprint Lithography The Global Nanoimprint Lithography System Market segments and Market Data Break Down are illuminated below: by Type (Hot Embossing (HE), UV-based Nanoimprint Lithography (UV-NIL), Micro Contact Printing (µ-CP)), Application (Consumer Electronics, Optical Equipment, Others) Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. Enquire for customization in Report @: https://www.advancemarketanalytics.com/enquiry-before-buy/6637-global-nanoimprint-lithography-system-market-1 Strategic Points Covered in Table of Content of Global Nanoimprint Lithography System Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Nanoimprint Lithography System market

Chapter 2: Exclusive Summary – the basic information of the Nanoimprint Lithography System Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Nanoimprint Lithography System

Chapter 4: Presenting the Nanoimprint Lithography System Market Factor Analysis, Post COVID Impact Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Nanoimprint Lithography System market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2026)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source Finally, Nanoimprint Lithography System Market is a valuable source of guidance for individuals and companies in their decision framework. Data Sources & Methodology The primary sources involves the industry experts from the Global Nanoimprint Lithography System Market including the management organizations, processing organizations, analytics service providers of the industry’s value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects. In the extensive primary research process undertaken for this study, the primary sources – Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age. For Early Buyers | Get Up to 20% Discount on This Premium Report: https://www.advancemarketanalytics.com/request-discount/6637-global-nanoimprint-lithography-system-market-1 What benefits does AMA research studies provides?

·        Latest industry influencing trends and development scenario

·        Open up New Markets

·        To Seize powerful market opportunities

·        Key decision in planning and to further expand market share

·        Identify Key Business Segments, Market proposition & Gap Analysis

·        Assisting in allocating marketing investments

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. About Author:

Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.

Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As. Contact Us:

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UV curing system market Key Trends, Growth, Analysis and forecast Report 2025

The global UV curing system market accounted for USD 2.78 billion in 2017 and is projected to grow at a CAGR of 10.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Market Definition

This market report defines the market trends and forecast the upcoming opportunities and threats of the UV curing system market in the next 8 years. Ultraviolet (UV) curing is a photochemical procedure in which high power UV light is being utilized to immediately cure and for adhesives as well as coatings. It helps in decreasing dismiss rates, encourage unrivaled holding, increase production speed, enhance scratch and dissolvable protection and others. UV curing system creates no ecological pollutants, no dissolvable to dissipate, covering thickness and volume loss. This outcome in energy utilization is higher within short span of time along with decrease in waste and pollutant emissions. Rising environmental concerns and strict regulation by the government agency is one of the factors which help in driving the UV curing system market. (VOC) Volatile Organic Compounds content of coatings is being calculated or determined by Environmental Protection Agency (EPA) Reference Test Method 24 which states different standard method such as ASTM D 1475-60, ASTM 4457-85, ASTM D 5403-93 and others. ASTM D 5403-93 states that amount of UV ink or coating being applied to the substrate should be less than 0.2 grams and the substrate sample area would be greater than or equal to 225 cm2.  Thus, it is considered as a thin-film UV radiation-cured coating for the application in the manufacturing companies. Another factor which led to the increase in UV curing system market is various product launches made by different companies so as to overcome from the traditional UV system. For instance, Nordson Corporation manufactures CoolWave 306 System which delivers easy maintenance and improved flexibility for industrial curing applications.

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This Report Consists of –                                                    

No of pages: 350, No of Figures: 60, No of Tables: 220

Global UV Curing System Market, By Type (Flood Cure, Spot Cure, Focused Beam), By Technology (UV LED, Mercury Lamp), By Pressure Type (Low, Medium, High), By Application (Bonding & Assembling, Printing, Disinfection, Coating), By Industry (Automotive, Aerospace, Construction, Medical), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East & Africa)– Industry Trends and Forecast to 2025

Note: If you have any special requirements, please let us know and we will offer you the report as you want.

Frequently Asked Questions?

What will the market size be in 2025?

What are the key factors driving the global market?

What are the challenges to market growth?

Who are the key players in the market?

What are the market opportunities and threats faced by the key players?

What will be the growth rate in 2025?

Which strategies are used by top players in the Global UV Curing System Market?

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Major Market Drivers & Market Restraint

Growing acceptance of bio based products and resins

Rising environmental concerns and strict regulation

Better performance and high speed and consistency over traditional system

Bounded depth of curing

Market Segmentation of

The global UV curing system market is segmented based on type, technology, pressure type, application, industry and geographical segments.

Based on type, the global UV curing system market is segmented into

flood cure,

spot cure,

focused beam

On the basis of technology, the global UV curing system market is segmented into

UV LED and

Mercury Lamp

Mercury lamp is sub segmented into microwave lamp and arc lamp.

On the basis of pressure type, the global UV curing system market is segmented into

low,

medium and

high pressure

On the basis of application, the global UV curing system market is segmented into

bonding and assembling,

printing,

disinfection,

coating and finishing and others

Other type of application includes temporary masking, sealing and potting.

On the basis of industry, the global UV curing system market is segmented into

automotive and transportation,

aerospace and defense,

construction and architectural,

industrial and machinery,

consumer electronics,

semiconductor,

medical,

energy,

marine and others

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Automotive and transportation is sub segmented into cables and wire harness, decorating interior vehicle assemblies, music system, radio and navigation consoles, markings on glass, logos and coating on lenses, headlight and mirrors. Aerospace and defense is sub segmented into aircraft and weapon coating. Construction and architectural is sub segmented into sealants and adhesives for commercial buildings, tunnels, highways, construction projects and others; filling cracks and sealing joints. Industrial and machinery is sub segmented into machinery and equipment. Consumer electronics is sub segmented into coating on plastic parts of electronics and displays of electronic devices. Semiconductor is sub segmented into printed circuit boards (PCBS), wafer processing and electronics assembly. Medical is sub segmented into medical electronics assembly and equipment such as needle bonder, tube set, catheter, anesthesia mask and others. Energy is sub segmented into oil and gas pipelines. Marine is sub segmented into barges, yachts, water line, canal boats.Others are sub segmented into air and water filtration and agriculture.

Based on geography, the global UV curing system market report covers data points for 28 countries across multiple geographies such as

North America,

South America,

Europe,

Asia-Pacific and

Middle East and Africa

Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Competitive Landscape

The global UV curing system market is consolidated due to the presence of limited number of players concentrated in few countries. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Top Competitors of Market      

Heraeus Holding,

Honle,

Baldwin Technology,

Panasonic Corporation,

IST METZ GmbH.,

Phoseon Technology,

Excelitas Technologies Corp.,

Nordson Corporation,

Delo,

Dymax Corporation,

American Ultraviolet,

BASF SE,

Nippon Gohsei,

Jiangsu Sanmu Group Corporation,

DSM AGI Corporation,

Toagosei Co. Ltd,

Wanhua Chemical Group Co. Ltd.,

Heraeus Noblelight America,

Benford UV,

Uvexs Inc.,

GEW,

Miltec UV,

Hanovia Ltd and

Hoya Corporation

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

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Global Automotive Coatings Market Industry Trends and Forecast to 2029

Data Bridge Market Research analyses that the automotive coatings market was valued at USD 16.24 billion in 2021 and will reach USD 28.26 billion by the year 2029, at a CAGR of 7.17% during the forecast period of 2022 to 2029.

Global Automotive Coatings Market Scope

The automotive coatings market is segmented on the basis of technology type, product type, application, end-use and resin. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Technology type

Water-borne

Solvent-borne

Powder coating

UV-cured

Others

On the basis of technology type, automotive coatings market is segmented into water-borne, solvent-borne, powder coating, UV-cured and others.

Product type

Electrocoat

Primer

Learcoat

Basecoat

Based on product type, automotive coatings market is segmented into electrocoat, primer, clearcoat and basecoat.

Application

Plastic

Metal

Based on application, automotive coatings market is segmented into plastic and metal.

End-User

Commercial OEM

Automotive refinish

Light vehicle OEM

On the basis of end-use, automotive coatings market is segmented into commercial OEM, automotive refinish and light vehicle OEM.

Resin

Epoxy

Polyurethane

Acrylic

Others

On the basis of resin, automotive coatings market is segmented into epoxy, polyurethane, acrylic and others.

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Global Automotive Coatings Market Analysis and Size

Automotive coatings are water-resistant dry coatings applied to various parts of a vehicle for functional, decorative, and protective purposes. Such coatings possess important properties such as good elastomeric finish and greater surface hardness. They serve different purposes for different substrates such as plastics, composites, and metal.

Data Bridge Market Research analyses that the automotive coatings market was valued at USD 16.24 billion in 2021 and will reach USD 28.26 billion by the year 2029, at a CAGR of 7.17% during the forecast period of 2022 to 2029.

Automotive Coatings Market Regional Analysis/Insights

The automotive coatings market is analyzed and market size insights and trends are provided by country, technology type, product type, application, end-use and resin as referenced above.

The countries covered in the automotive coatings market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Automotive Coatings Market Share Analysis

The automotive coatings market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to automotive coatings market.

Major players operating in the automotive coatings market

Major players operating in the automotive coatings market are

BASF SE (Germany),

Axalta Coating Systems (U.S.),

PPG Industries, Inc. (U.S.),

Kansai Paint Co., Ltd (Japan),

Nippon Paint Holdings Co., Ltd. (Japan),

The Valspar Corporation (U.S.)

KCC Corporation (South Korea),

Sherwin-Williams (U.S.),

AkzoNobel (Netherlands),

Jotun A/S (Norway)

COVID-19 Impact on Automotive Coatings Market

COVID-19 impacted various manufacturing industries in the year 2020-2021 as it led to the closure of workplaces, disruption of supply chains, and restrictions on transportation and it also very badly impacted the market of automotive coatings because of the covid-19 and lockdown all the shopping places and workshops are closed and it hindered the market. The cases of COVID–19 and decrease in sales of automobiles has limit the market growth. Major industry players are rapidly entering into long term contracts with suppliers so as to attempt to retain their customer base.

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MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: automotive coatings market

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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market

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