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The UV-cured coatings market is projected to grow at a CAGR of 6.93% during the forecast period, reaching a total market size of US$7.030 billion in 2024, from US$4.703 billion in 2018. The demand for UV-cured coating is increasing over conventional PVC coatings, waterborne coatings, powder coatings, and high-solids coatings. The stringent environmental regulations lead to the less usage of conventional coating processes is one of the prime factors drives the global UV cured coating market.
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