UV Curable Resins and Formulated Products Market, By Composition (Oligomers, Monomers, Photoinitiato

Published Date: | Report Code : MT1953010

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UV Curable Resins and Formulated Products Market helps in relieving radiations from materials; for instance, coatings, inks, and adhesives. UV curable resins are free from natural solvents and incorporate monomers, co-initiators, oligomers, and an assortment of added substances, including antioxidants, pigments, stabilizers, and plasticizers. These resins are perfect for applications that require quick-drying and instant curing. Some of the major uses of UV curable resins are wood and paper coatings, plastic coatings, and adhesives. The high demand for UV curable coatings is mostly due to their performance, and excellent environmental & safety profile.

The global UV curable resins and formulated products market is growing with rapid industrialization and urbanization in developing regions. Moreover, low cost and maintenance, high productivity, and durability make it ideal for use in many end-use industries, which is driving the demand for UV curable resins and formulated products. Additionally, strict regulations regarding volatile organic compounds emissions and a rise in the demand for safe, eco-friendly, and sustainable products are likely to drive the global UV curable resins and formulated products market.

Key Factors Impacting Market Growth:

  • Environmental concerns and strict government regulations
  • Growing demand in 3D and digital printing applications
  • High performance of UV curable resins
  • Need to thermally dry sensitive substrates
  • High setting-up cost
  • Finishing defects caused by incomplete drying

Regional Analysis:

The UV curable resins and formulated products market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and the Rest of the World. North America and Western Europe are major regions for UV curable resins and formulated products market owing to diversified demand from end-use industries and competitive scenarios. Some of the major end-use industries in these regions include coatings, printing inks, overprint varnish, adhesives, 3d printing and others. These markets have been dynamic in terms of new product developments and related activities. Hence, some of the emerging sub-segments in this market promise high potential in this region. Major countries for UV curable resins and formulated products market in these regions include the US, Germany, France, UK, Canada, Italy, and so on. Recent economic slowdowns, trade implications and environmental concerns are some of the key impact factors influencing the market dynamics in these regions.

Developing regions including Asia Pacific, South America, and Africa have witnessed key developments in terms of organic and inorganic growth strategies. Global companies have made strategic investments in these regions with favorable production conditions and high demand from end-use industries. China, India, Brazil, South Africa, South Korea, Japan, and others have been some of the key economies in the region. Coatings, printing and chemical are some of the major industries in the region with strong potential for UV curable resins and formulated products market. Middle East promises a strong market potential with demand from countries including UAE, Saudi Arabia, Qatar, and others that are seeking to diversify the economic outlook. Eastern Europe consisting of Russia and Turkey is also estimated as one of the key markets with demand from coatings, printing, chemical and others.

Companies Covered: Arkema, Allnex, Toagosei, BASF, Royal DSM, Covestro, Nippon Gohsei, Hitachi Chemical Company, IGM Resins, Miwon Specialty Chemical, Alberdingk Boley, Jiangsu Sanmu Group, Wanhua Chemical Group, Eternal Chemical, Soltech, Dymax Corporation, RAHN AG, Perstorp Holding, Qualipoly Chemical Corporation, DIC Corporation, Double Bond Chemical, Nagase ChemteX Corporation, CBC Co. Ltd., Arakawa Chemical Industries, Deuchem, Siltech Corporation, Lambson Limited, BYK-Chemie, and Nissan Chemical Industries

Market Segmentation:

By Composition:

  • Oligomers
  • Monomers
  • Photoinitiators
  • Additives

By Chemistry:

  • Non-Acrylates & Oligoamines
  • Acrylates

By Technology:

  • Solvent-borne UV
  • Water-borne UV
  • 100% Solids UV
  • Powder UV 

By Application:

  • Coatings
  • Printing Inks
  • Overprint Varnish
  • Adhesives
  • 3D Printing
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Composition
    • By Chemistry
    • By Technology
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global UV curable resins and formulated products market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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