ELECTRON BEAM BASED COATING MARKET ANALYSIS

Electron Beam Based Coating MarketSize and Trends

Market Dynamics:

The electron beam (EB) based coating market is expected to witness significant growth over the forecast period, owing to its properties such as high quality, shorter lead time, and reasonable prices. Moreover, the properties of electron beam based coating also provides advantages such as abrasion resistance, consistency in the quality of coatings, lower energy consumption, superior hardness, and low volatile organic compounds, which is expected to drive growth of the market over the forecast period. The increasing demand for electron beam based coating owing to increasing adoption of various electronic and communication devices such as smartphones, tablets, and others, which use semiconductors with electron beam based coatings is also driving growth of the market.

Market Trends:

The electron beam (EB) based coating is used for various applications by industries such as automotive, electronics, and packaging among others. The packaging industry uses coating for graphic art, flexible packaging, and rigid metal packaging. Coatings allow curing through thick films, which are either clear or pigmented. The automotive and aerospace industries use this coating for saving the surface of automotive & other vehicles from corrosion by forming a thermal and chemical barrier. The optics industry use it as an anti-reflective coating for improving the efficiency of lens. By using this coating on the eye lenses, the strain on eyes can be reduced and the vision could be improved. This also ensures that the eyes of person using the eye lenses are clearly visible to others.