Over the course of the projection period, the Asia-Pacific market is anticipated to see growth in terms of value that is rather significant. The rapidly expanding population of the area, in conjunction with the expanding consumer goods and Coatings markets in rising nations like India and China, is the primary driver of the high growth experienced in this industry. According to the Indian Brand Equity Foundation (IBEF), the income produced by consumer products in India in 2015-2016 was $11.1 billion US. It is anticipated that this pattern will continue for the foreseeable future. The India Brand Equity Foundation (IBEF) is a Trust that was established by the Ministry of Commerce and Industry, Department of Commerce, and the Government of India with the purpose of promoting and increasing international awareness of products that are created in India. The IBEF was given this mission in partnership with the Government of India.
Top Companies in the Radiation Curable Coating Industry:
1. BASF SE,
BASF SE founded in 1865, with its headquarters in Ludwigshafen, Germany.With businesses in over 91 countries. In 2021 ·This deal allows us to compete in the global marketplace more effectively going forward, while strengthening our pigment footprint in Europe.
2. Royal DSM
Royal DSM, founded in 1902, and it’s located in Heerlen, Netherlands. The company operates in 50 countries.
3. DIC Cytec, Industries Inc
DIC Cytec, Industries Inc was launch in 1993 and it’s headquarter located in Woodland Park, New Jersey, United States.it operate over 36 country .
4 RAHN AG
RAHN AG was launch in 1940 and it’s headquarter located in Oerlikon, Z rich, 8050, Switzerland.it operate over 23 country .
5. Allnex
Allnex Inc founded in 2013, with its headquarters in Frankfurt am Main, Germany.With businesses in over 100 countries. In 2021 By acquiring resins manufacturer Nuplex in 2016, allnex strengthened its access to emerging markets, creating a truly global industry leader.
6 Sartomar
Sartomar was launch 2004 and its headquarter West Chester, Chester County, Pennsylvania.. .it operate over 60 country.
*Definition- Radiation curable coatings consist of polymer coatings, treated either by ultraviolet or by electron beam radiation and are used for a variety of materials such as wood, glass, plastic, metal and paper.