Global Uv Curable Resins Formulated Product Market
Market Size in USD Billion
CAGR :
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 Forecast Period |
2023 –2029 |
 Market Size (Base Year) |
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 Market Size (Forecast Year) |
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 CAGR |
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Global UV Curable Resins - Formulated Product Market, By Composition (Oligomers, Monomers, Photo-Initiators, Additives), Chemistry (Non Acrylates and Oligoamines, Acrylate, Epoxy Acrylates, Polyether/Polyester Acrylates, Urethane Acrylates), Technology (Solvent Borne UV Resins, 100% Solids UV Resins, Waterborne UV Resins, Powder UV Resins), Application (Coatings, Overprint Varnishes, Printing Inks, Adhesives, 3D Printing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights : Global UV Curable Resins - Formulated Product Market
The UV curable resins - formulated product market is expected to witness market growth at a rate of 9.12% in the forecast period of 2022 to 2029. Data Bridge Market Research report on UV curable resins - formulated product market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The increase in demand for the product for various industrial applications is escalating the growth of UV curable resins - formulated product market.
Ultraviolet (UV) curable resins refer to the materials that are cured and polymerized with energy obtained from UV devices. The technology allows instant drying and curing through photopolymerization when UV light is applied to inks, adhesives and coatings. These resins are formulated from oligomers and monomers such as methacrylate, vinyl esters and acrylates.
The increase in environmental concerns across the globe acts as one of the major factors driving the growth of UV curable resins - formulated product market. The rise in use of UV cured coatings among various end-use product manufacturing companies to achieve customer satisfaction and environmental compliance accelerate the market growth. The incorporation of expanded photosensitive wavelength band and better photoinitiator solubility in conventional photoinitiators to increase its performances further influence the market. Additionally, surge in investments, rapid industrialization, implementation of stringent regulations and growing awareness positively affect the UV curable resins - formulated product market. Furthermore, development of new and improved photoinitiators extends profitable opportunities to the market players in the forecast period of 2022 to 2029.
On the other hand, high cost associated with the implementation and need to thermally dry sensitive substrates are expected to obstruct the market growth. The rise in in wooden substrates are projected to challenge the UV curable resins - formulated product market in the forecast period of 2022-2029.
This UV curable resins - formulated product market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on UV curable resins - formulated product market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global UV Curable Resins - Formulated Product Market Scope and Market Size
The UV curable resins - formulated product market is segmented on the basis of composition, chemistry, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product form, the UV curable resins - formulated product market is segmented into acrylic, alkyd, epoxy, polyurethane, polyester and others.
- On the basis of formulation, the UV curable resins - formulated product market is segmented into solvent borne, waterborne and others.
- On the basis of application, the UV curable resins - formulated product market is segmented into residential, commercial, industrial and others.
UV Curable Resins - Formulated Product Market Country Level Analysis
The UV curable resins - formulated product market is segmented on the basis of composition, chemistry, technology and application.
The countries covered in the global UV curable resins - formulated product market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the UV curable resins - formulated product market due to the high competition within the region. Asia-Pacific is expected to be the fastest growing market during the forecast period of 2022 to 2029 because of the paints & coating, construction, electrical & electronics, and automotive in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and UV Curable Resins - Formulated Product Market Share Analysis
The UV curable resins - formulated product market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to UV curable resins - formulated product market.
Some of the major players operating in the UV curable resins - formulated product market report are Allnex Netherlands B.V., Alberdingk Boley, BASF SE, DSM, Deuchem CO., LTD., Covestro AG, Nagase Chemtex Corporation, BYK-CHEMIE GMBH, Wanhua Chemical Group CO., LTD., Jiangsu Sanmu Group Co. Ltd., Toagosei Co. Ltd., Miwon Specialty Chemical CO. LTD, Hitachi Chemical Co. LTD., IGM Resins, Soltech Ltd., Eternal Chemical CO. LTD, Siltech Corporation, Sartomer USA LLC, CBC Co., LTD., Nissan Chemical Corporation, and Rahn AG among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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