UV Coatings Market Share

APAC Market Statistics

On the basis of geographical analysis, the global ultraviolet coatings market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is poised to account for largest revenue share by 2036, led by presence of large chemical industry in the region. In fact, Asia Pacific region represented around 45% of global chemical manufacturing industry, in 2020. Moreover, the growing construction activities in the region, are further estimated to boost the market growth. The market in the North America region is anticipated to gain the largest market share throughout the forecast period on the back of increasing construction activities, growing consumption of plastics, and adoption of new technologies in the region.