UV-Cured Coatings Market Growth, Trends, and Forecast 2019-2024: Rising Automotive Production in Asia-Pacific and Europe Driving the Market - ResearchAndMarkets.com
The major factors driving the growth of market studied are the rising automotive production in Asia-Pacific and Europe, and the increasing demand for wood finishing.
- The major factors driving the growth of market studied are the rising automotive production in Asia-Pacific and Europe, and the increasing demand for wood finishing.
- The UV-cured coatings, owing to its vastly superior physical durability is highly suitable for application in the automotive industry.
- Thus, the growth in automotive industry, and innovation & development in the field of automotive coatings are expected to drive the demand for UV-cured coatings for automotive applications.
- The UV-cured coatings market is a fragmented market, where numerous players holds insignificant share of the market to affect the market dynamics individually.