UV Curable Resins Introduction:
Ultraviolet (UV) curable resins represent non-solvent materials polymerized by the energy radiated from UV irradiation devices. They mainly consist of photopolymerization initiators, oligomers, monomers, co-initiators, etc., along with additives, such as stabilizers, plasticizers, pigments, etc. UV curable resins have several advantages over conventional cures, including lower energy consumption, reduced waste, less equipment space, minimal temperature treatment, etc. As a result, these resins find extensive applications across several industries, including pharmaceutical, food and beverage, automotive, etc.
The global UV curable resins market size reached US$ 5.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 9.1 Billion by 2027, exhibiting a growth rate (CAGR) of 9.87% during 2022-2027.Â
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UV Curable Resins Market Trends:
The rising demand for UV cured resins in the manufacturing of an array of medical products, such as catheters, syringes, dialysis machines, etc., is one of the primary factors driving the global market. In the recent times, due to elevating concerns towards the spread of the coronavirus disease (COVID-19), UV curable resins are being increasingly adopted in safe packaging coatings. Furthermore, the growing utilization of three-dimensional (3D) printing in the aerospace and automobile industries is also driving the demand for UV cured resin-based 3D printing technologies. Besides this, several product variants derived from renewable raw materials with light-emitting diode (LED) technology for reducing air pollution and energy consumption will also continue to bolster the global market for UV curable resins in the coming years.
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Note: In this report you will get detailed analysis of the market, growth analysis graphs, historical period analysis, forecast period analysis, major market segmentation, top leading key players of the market, table of content, list of figures, and list of tables.
Competitive Landscape with Key Players:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Allnex GmbH
Arkema S.A.
BASF SE
Covestro AG
Dymax Corporation
Eternal Materials Co. Ltd.
IGM Resins B.V.
Jiangsu Litian Technology Co. Ltd.
Jiangsu Sanmu Group Co. Ltd.
Koninklijke DSM N.V.
Showa Denko K. K.
Toagosei Co. Ltd.
What is the Structure of the Global UV Curable Resins Market and Who Are the Key Players?
The report has categorized the market based on resin type, compositions, and application.
Breakup by Resin Type:
Acrylated Epoxies
Acrylated Polyesters
Acrylated Urethanes
Acrylated Silicones
Others
Breakup by Compositions:
Monomers
Oligomers
Photoinitiators
Others
Breakup by Application:
Coating
Packaging
Printing
Adhesives and Sealants
Others
Breakup by Region:
North America (United States, Canada)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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