RADIATION CURABLE COATING MARKET ANALYSIS

Market Challenges And Opportunities

High price of raw materials for radiation curable coating is expected to be one of the restraining factors for the growth of radiation curable coating market over the forecast period. Innovation in products and expansions in different geographies are some of the key strategies adopted by the top players in the radiation curable coating industry. Research is in process for the use of radiation curable coating in Stereolithography. In this process three-dimensional parts are created from photosensitive resins. In addition to this, UV-LED curing which will offer distinct advantages such as long life time, cooler operating conditions and less of a gradual drop off in energy is being developed. Some of the major companies operating in the global radiation curable coating market are Royal DSM, DIC Cytec, Industries Inc., RAHN AG, Allnex, BASF SE, and Sartomar.