Global UV Curable Resins & Formulated Product Market is expected to reach USD 6.95 billion by 2025, from USD 3.72 billion in 2017 growing at a CAGR of 9.7% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global UV Curable Resins & Formulated Product Market, By Composition (Oligomers, Monomers, Photoinitiators, Additives), By Chemistry (Non Acrylates & Oligoamines, Acrylate Oligomers), By Application (Coatings, Overprint Varnishes, Printing Inks, Adhesives, 3D Printing, Others), By Technology, By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
The global UV curable resins & formulated product market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of UV curable resins & formulated product market for global, Europe, North America, Asia Pacific and South America.
Major Market Competitors/Players:
- Arkema SA,
- Allnex Group,
- Toagosei Co. Ltd.,
- BASF SE,
- Royal DSM,
- Covestro AG,
- Nippon Gohsei,
- Hitachi Chemical Company Ltd.,
- IGM Resins B.V.,
- Miwon Specialty Chemical Co. Ltd.,
- Lambson Limited,
- Alberdingk Boley GmbH,
- Jiangsu Sanmu Group Corporation,
- Wanhua Chemical Group Co., Ltd.,
- Eternal Chemical Co. Ltd, Soltech Ltd.,
- Dymax Corporation,
- Rahn AG,
- Perstorp Holding AB,
- Qualipoly Chemical Corporation,
- DIC Corporation,
- among others.
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Major Market Drivers & Restraint:
- Environmental awareness and stringent regulations
- High performance of UV curable resins
- Need to thermally dry sensitive substrates
- High deployment cost
- High growth prospects in 3D printing, digital printing, packaging, barrier films and printed circuit board
Market Segmentation: Global UV Curable Resins & Formulated Product Market
- The global UV curable resins & formulated product market is segmented based on composition, chemistry, application, technology and geographical segments.
- Based on composition, the global UV curable resins & formulated product market is segmented into oligomers, monomers, photoinitiators and additives.
- On the basis of chemistry, the global UV curable resins & formulated product market is classified into non acrylates & oligoamines and acrylate oligomers.
- On the basis of application, the global UV curable resins & formulated product market is classified into coatings, overprint varnishes, printing inks, adhesives, 3D printing and others.
- On the basis of technology, the global UV curable resins & formulated product market is classified into solventborne, 100% solids, waterborne, powder and others.
- Based on geography, the global UV curable resins & formulated product market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
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