Product Code: ETC420561 | Publication Date: Oct 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand UV curable coatings market has witnessed steady growth due to its diverse applications and environmental advantages. UV curable coatings are known for their rapid curing time, durability, and resistance to environmental factors. Industries such as automotive, electronics, packaging, and printing have adopted UV curable coatings for various purposes, including protective coatings, decorative finishes, and adhesives. Moreover, the environmental benefits, such as reduced volatile organic compound (VOC) emissions and energy consumption during curing, have driven the adoption of UV curable coatings in line with sustainability goals. The market continues to expand as manufacturers and end-users recognize the benefits of UV curable coatings in improving product quality and reducing environmental impact.
The Thailand UV curable coatings market is thriving primarily due to environmental concerns and technological advancements. Environmental consciousness is a significant driver, as UV curable coatings are considered more eco-friendly due to their low volatile organic compounds (VOC) emissions. Industries such as automotive, electronics, and packaging have increasingly adopted UV coatings to meet sustainability goals and regulatory requirements. Furthermore, the fast curing time of UV coatings enhances production efficiency, reducing costs for manufacturers. The versatility of UV coatings in providing high-quality finishes on various substrates further boosts their demand, making them a preferred choice in the coatings industry.
The UV curable coatings market in Thailand faces challenges associated with the niche nature of the industry. These coatings are used in various sectors like automotive, packaging, and electronics, but they require specialized equipment and expertise. The challenge lies in educating potential customers about the benefits of UV curable coatings and overcoming resistance to change from conventional coating methods.
The UV curable coatings market in Thailand experienced disruptions during the pandemic as manufacturing and construction activities slowed down. Demand for UV coatings in industries like automotive and electronics declined. However, the coatings found increased use in healthcare and packaging sectors due to their antimicrobial and protective properties. As the country reopened, the market began to stabilize, with continued growth expected as industries adapt to the need for durable and sustainable coatings.
The UV curable coatings market in Thailand features key players such as Toyo Ink (Thailand) Co., Ltd., DIC Graphics (Thailand) Co., Ltd., and UV Coatings (Thailand) Ltd. These companies specialize in UV-curable coatings for various applications, including packaging, automotive, and electronics. Their advanced coatings technology and commitment to quality make them leaders in this niche market.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand UV Curable Coatings Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand UV Curable Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand UV Curable Coatings Market - Industry Life Cycle |
3.4 Thailand UV Curable Coatings Market - Porter's Five Forces |
3.5 Thailand UV Curable Coatings Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.6 Thailand UV Curable Coatings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Thailand UV Curable Coatings Market Revenues & Volume Share, By End use, 2021 & 2031F |
4 Thailand UV Curable Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing awareness about environmental benefits of UV curable coatings |
4.2.2 Growing demand for high-performance coatings in industries like automotive and electronics |
4.2.3 Advancements in technology leading to improved UV curable coating formulations |
4.3 Market Restraints |
4.3.1 High initial investment required for UV curing equipment |
4.3.2 Limited availability of raw materials for UV curable coatings |
4.3.3 Lack of standardized regulations and guidelines for UV curable coatings in Thailand |
5 Thailand UV Curable Coatings Market Trends |
6 Thailand UV Curable Coatings Market, By Types |
6.1 Thailand UV Curable Coatings Market, By Composition |
6.1.1 Overview and Analysis |
6.1.2 Thailand UV Curable Coatings Market Revenues & Volume, By Composition, 2021-2031F |
6.1.3 Thailand UV Curable Coatings Market Revenues & Volume, By Oligomers, 2021-2031F |
6.1.4 Thailand UV Curable Coatings Market Revenues & Volume, By Monomers, 2021-2031F |
6.1.5 Thailand UV Curable Coatings Market Revenues & Volume, By Photoinitiators, 2021-2031F |
6.1.6 Thailand UV Curable Coatings Market Revenues & Volume, By PU Dispersions, 2021-2031F |
6.1.7 Thailand UV Curable Coatings Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand UV Curable Coatings Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Thailand UV Curable Coatings Market Revenues & Volume, By Wood Coatings, 2021-2031F |
6.2.3 Thailand UV Curable Coatings Market Revenues & Volume, By Plastic Coatings, 2021-2031F |
6.2.4 Thailand UV Curable Coatings Market Revenues & Volume, By Over Print Varnish, 2021-2031F |
6.2.5 Thailand UV Curable Coatings Market Revenues & Volume, By Display Coatings, 2021-2031F |
6.2.6 Thailand UV Curable Coatings Market Revenues & Volume, By Conformal Coatings, 2021-2031F |
6.2.7 Thailand UV Curable Coatings Market Revenues & Volume, By Paper Coatings, 2021-2031F |
6.3 Thailand UV Curable Coatings Market, By End use |
6.3.1 Overview and Analysis |
6.3.2 Thailand UV Curable Coatings Market Revenues & Volume, By Industrial Coatings, 2021-2031F |
6.3.3 Thailand UV Curable Coatings Market Revenues & Volume, By Electronics, 2021-2031F |
6.3.4 Thailand UV Curable Coatings Market Revenues & Volume, By Graphic Arts, 2021-2031F |
7 Thailand UV Curable Coatings Market Import-Export Trade Statistics |
7.1 Thailand UV Curable Coatings Market Export to Major Countries |
7.2 Thailand UV Curable Coatings Market Imports from Major Countries |
8 Thailand UV Curable Coatings Market Key Performance Indicators |
8.1 Number of new UV curable coating product launches in the market |
8.2 Adoption rate of UV curable coatings in key industries in Thailand |
8.3 Investment in research and development for UV curable coatings |
8.4 Environmental impact assessment of UV curable coatings usage |
8.5 Number of certifications obtained for UV curable coatings in compliance with international standards |
9 Thailand UV Curable Coatings Market - Opportunity Assessment |
9.1 Thailand UV Curable Coatings Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.2 Thailand UV Curable Coatings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Thailand UV Curable Coatings Market Opportunity Assessment, By End use, 2021 & 2031F |
10 Thailand UV Curable Coatings Market - Competitive Landscape |
10.1 Thailand UV Curable Coatings Market Revenue Share, By Companies, 2024 |
10.2 Thailand UV Curable Coatings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |