Market Size of Radiation Curable Coatings Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | < 6.00 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Radiation Curable Coatings Market Analysis
The global radiation curable coatings market has anestimated CAGR of over 6% over the forecast period.One of the most important drivers for global radiation curable coatings market is its properties, like rapid curing, drying, superior hardness, and abrasion resistance, due to which, radiation-cured technology has found applications in plastics, wood, and metal coatings.
- Apart from these properties, low VOC emissions, along with excellent mechanical and chemical resistance, add value to the radiation-cured coatings.
- On the flipside, high raw material cost is expected to hinder the market growth.
