Global Energy Curing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Composition;

Oligomers, Monomers, Pigments/Non-Reactive/Additives, and Photo-Initiators.

By Oligomer Chemistry;

Non Acrylates & Oligoamines, Epoxy Acrylate, Polyester Acrylate, and Urethane Acrylate.

By Application;

Industrial Coatings, Wood & Paper Coatings, Plastic Coatings, Metal Coatings, Overprint Varnish, Electronics, and Printing Inks.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn530805877 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Energy Curing Market (USD Million), 2021 - 2031

In the year 2024, the Global Energy Curing Market was valued at USD 12,582.72 million. The size of this market is expected to increase to USD 18,857.37 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The Global Energy Curing Market has emerged as a vital segment within the coatings, adhesives, and printing industries, driven by advancements in UV (Ultraviolet) and EB (Electron Beam) curing technologies. Energy curing processes involve the use of UV light or electron beams to instantly cure or dry coatings, inks, and adhesives, offering significant advantages over traditional methods such as thermal curing. These technologies enhance productivity by enabling rapid curing times, lower energy consumption, and reduced volatile organic compound (VOC) emissions, aligning with sustainability goals across various industrial applications.

Key drivers propelling the growth of the Global Energy Curing Market include increasing demand for high-performance coatings and inks in industries such as automotive, packaging, electronics, and healthcare. UV and EB curing systems are preferred for their ability to deliver superior durability, scratch resistance, and aesthetic appeal compared to conventional solvent-based formulations. Moreover, stringent regulatory norms aimed at curbing VOC emissions have bolstered the adoption of energy curing solutions, positioning them as environmentally friendly alternatives in compliance with global sustainability initiatives.

The market landscape is characterized by ongoing technological advancements and innovations in energy curing formulations, equipment, and applications. Companies are investing in research and development to enhance the efficiency and versatility of UV and EB curing systems, expanding their capabilities to address diverse customer needs and industry requirements. As manufacturers seek faster production cycles and higher product performance standards, the Global Energy Curing Market continues to evolve, offering promising opportunities for growth and differentiation through innovative curing solutions tailored to specific market demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Composition
    2. Market Snapshot, By Oligomer Chemistry
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Energy Curing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Shift Towards Environmentally Sustainable Technologies
        2. Growing Demand for High-performance Coatings and Inks
        3. Stringent Regulatory Requirements
        4. Advancements in UV and EB Curing Technologies
        5. Increasing Adoption in Emerging Applications
      2. Restraints
        1. Initial High Capital Investment
        2. Limited Compatibility with Certain Substrates
        3. Concerns Regarding Health and Safety
        4. Complexity in Formulation Development
        5. Competition from Traditional Curing Methods
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Development of Customized Curing Solutions
        3. Integration of Industry 4.0 Technologies
        4. Collaborative Research and Development Initiatives
        5. Adoption in New and Innovative Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Energy Curing Market, By Composition, 2021 - 2031 (USD Million)
      1. Oligomers
      2. Monomers
      3. Pigments/Non-reactive/Additives
      4. Photo-initiators
    2. Global Energy Curing Market, By Oligomer Chemistry, 2021 - 2031 (USD Million)
      1. Non Acrylates & Oligoamines
      2. Epoxy Acrylate
      3. Polyester Acrylate
      4. Urethane Acrylate
    3. Global Energy Curing Market, By Application, 2021 - 2031 (USD Million)
      1. Industrial Coatings
      2. Wood & Paper Coatings
      3. Plastic Coatings
      4. Metal Coatings
      5. Overprint Varnish
      6. Electronics
      7. Printing Inks
    4. Global Energy Curing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. BASF SE
      2. Allnex Belgium SA/NV
      3. Arkema Group
      4. Covestro AG
      5. DIC Corporation
      6. Toyo Ink SC Holdings Co., Ltd.
      7. Royal DSM N.V.
  7. Analyst Views
  8. Future Outlook of the Market