This Type of Coating Has Continued to Grow In The Adverse Market

Radiation curing technology is an efficient, environmentally friendly, energy-saving and high-quality material surface technology, and is known as a new technology for green industry in the 21st century. With the development of science and technology, the application of radiation curing technology has developed from the earliest printed boards and photoresists to radiation curing coatings, inks, and adhesives. The application fields have been continuously expanded, forming an emerging industry.

The most common radiation curing products are UV coatings, UV inks and UV adhesives. Their biggest feature is their fast curing rate, generally between a few seconds and tens of seconds, and the fastest can be within 0.05~0.1s. Curing is the fastest drying and curing among various coatings, inks and adhesives.

Radiation curing products are widely used in the field of wood coating due to their advantages of fast curing, energy saving and environmental protection. In recent years, with the development of new initiators, reactive diluents and photosensitive oligomers, the application of photocurable coatings has gradually expanded to paper, plastics, metals, fabrics, automotive parts and other fields.

Increased home improvement activity in recent years has resulted in higher than expected demand for hardwood floors, kitchen and bathroom cabinets and house fixtures, moldings, door and window frames, doors and furniture, many of which are finished using radiation-cured coatings .

In addition, the demand for consumer electronics has also risen sharply as people shift to working from home, which has led to a significant increase in the demand for radiation-curable coatings used on these products. Radiation curing technology is very suitable for manufacturers of furniture and electronics, and the epidemic provides ample opportunities to develop its potential. They are all interested in automation to reduce reliance on labor while improving operational efficiency, quality and cost-effectiveness. They need to remain competitive, and the Covid-19 pandemic has made many operations unpredictable. The need to maintain operations, reduce the impact of labor, improve efficiency and quality, and be more cost-effective is the driving force behind the switch to considering the use of radiation-curable coatings.

On the other hand, the "14th Five-Year Plan for China's Coatings Industry" proposes that the scale of China's coatings industry will continue to expand during the "14th Five-Year Plan" period. By 2025, the total output of the coatings industry will increase from 24.591 million tons in 2020. To about 30 million tons, environment-friendly paint varieties will also account for 70% of the total paint output. Therefore, under the background that the scale of the industry continues to expand, and green and high-quality development has become the consensus of the industry, the realization of source substitution and the use of low-VOC environment-friendly paint products have become the only way for the future development of the paint and coating industry. Restrict the use of traditional high-VOC solvent-based coatings, eliminate coating products that do not meet the mandatory national standards, and increase the proportion of low-VOC coating products such as high-solid coatings, water-based coatings, powder coatings, and radiation-curing coatings. The requirements of the "14th Five-Year Plan for Energy Conservation and Emission Reduction Comprehensive Work Plan" are consistent, and it is an inherent requirement for the upgrading and transformation of the coatings industry to achieve high-quality development.

With the development of new oligomer structures, reactive diluents and initiators, the future application scope of radiation-cured products is immeasurable, and the market development space is unlimited.