The analysts forecast global UV-cured powder coatings market to grow at a CAGR of 6.91% over the period 2014-2019.
Coatings are usually created using resins, including acrylics, amino resins, polyesters, epoxies, polyurethanes, and nitrocellulose. They are used to protect the surfaces of substrates, including wood, metal, plastic, and glass, and enhance their appearance. These coatings are classified based on their manufacturing technology, as mentioned below:
- Powder coated
Rising demand for UV-cured powder coatings from the furniture industry for use in medium-density fiberboard (MDF) applications is propelling market growth. MDF, one of the most frequently used substrates in the furniture and wood furnishing sector, is durable and easy to manufacture, and is used in a vast array of products related to healthcare, office furniture, and work surfaces. The finish attained using UV-cured powder coatings exceeds the finish attained by laminating with liquid coatings, thermal powder coatings, or plastic and vinyl laminates.Covered in this report
This report covers the present scenario and growth prospects of the global UV-cured powder coatings market for 2015-2019. To arrive at a ranking of the leading vendors in the market and to calculate the market size, the report considers revenue generated through sales of UV-cured powder coatings by vendors. It also presents the vendor landscape and a corresponding detailed analysis of the top three vendors in the global UV-cured powder coatings market.
The market is divided into the following segments based on application:
- Furniture and wood furnishing
- Graphic arts
The report, Global UV-cured Powder Coatings Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, EMEA, and APAC; it also covers the landscape of the global UV-cured powder coatings market and its growth prospects in the coming years. The report includes a discussion on the key vendors operating in this market.
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- Keyland Polymer
- Protech Oxyplast
Other prominent vendors
- Prism Powder Coatings
- Vijay Enterprises
- Watson Coatings
- Increased demand for use in MDF applications
- Introduction of natural wood coatings
- New growth opportunities
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