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Global UV Coatings Market to Register a Stout Growth by 2026-end

by smit510 · December 13, 2018

ResearchMoz presents professional and in-depth study of “UV Coatings Market: APEJ Inclined Towards High Value – High Growth in the Coming Decade: Global Industry Analysis and Opportunity Assessment 2016-2026”.

APEJ is projected to be a relatively high growth regional market in the global UV coatings market during the forecast period

The APEJ UV coatings market was estimated to be valued at more than US$ 1,000 Mn by the end of 2016 and is projected to expand at a CAGR of 9.2% to reach more than US$ 2 Charles Barkley Jersey ,000 Mn by the end of 2026. The APEJ market is projected to represent incremental $ opportunity of more than US$ 1,500 Mn between 2016 and 2026.

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The incremental $ opportunity in the region can be attributed to the increasing production of electronics and semiconductor goods, as well as growth of the automotive sector in China and India. China is expected to be the key country in the APEJ UV coatings market and is likely to account for maximum value and volume share over the forecast period. APEJ was estimated to account for more than 30% of the total market value share by the end of 2016 and is expected to increase to more than 45% by the end of the forecast period. This regional market is anticipated to gain more than 1000 BPS by the end of 2026.

China is expected to be the most attractive country in the APEJ UV coatings market over the forecast period

China has been the leading country in Asia in terms of usage of radiation-cured technology. This industry has been impacted by the Chinese governments resolve to reduce VOC emissions and sanitise the environment from fog dispersed by manufacturers using radiation-cured technologies. In September 2013 Wilt Chamberlain Jersey , the State Council released the Air Pollution Prevention and Treatment Action Plan to monitor air pollution treatment in the near future. A specific measure in this policy categorically pertains to VOC regulations, thereby impacting the use of radiation-cured technology in China. Aggressive implementations are being done, with local governments pursuing the shutdown of factories not meeting these regulatory standards. Due to these developments Maurice Cheeks Jersey , research and development departments of radiation-cured technology users and coatings companies have been working to achieve technological success in the form of compliance with the new regulations. In the case of India, specific regulations with regard to the application of UV cured coatings for food packaging could be expected in the near future. However, currently Julius Erving Jersey , as compared to China, there is a deficiency of stringent regulations in India, especially environmental regulations JJ Redick Jersey , which could have promoted the use of UV cured coatings even further.

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Growth of the printing industry in APEJ particularly in China likely to create robust development in the global UV coatings market

The printing industry in APEJ has witnessed a robust growth since the last few years with the advent of flexographic and 3D printing for applications such as advertising, labelling, packaging Moses Malone Jersey , and literature publications. Due to high-quality finishing and surface protection, UV cured coatings are used on a large scale in the APEJ printing and packaging industry. The use of UV cured printing inks has gained traction as an additive for new substrate types such as ceramic and int. Air Max Sale Jordan Retro For Sale Jordan Retro For Sale Air Jordan Retro For Sale Authentic Jordan Shoes For Sale Nike Air Jordan Shoes For Sale Mens Air Jordan Shoes For Sale Nike Air Jordan For Sale Cheap Air Jordan Retro Cheap Air Jordan Retro Shoes