Photo curing states a particular way of radiation curing wherein several product formulations, including adhesives, coatings, inks, and other materials, can be cured rather than utilizing conventional methods, which produce harmful discharges and are energy demanding. The photocuring technology uses various multi-functional resins called UV curable resins. The resins used in the formulations can be largely classified as oligomers and monomers.
MARKET DYNAMICS
The photocurable resins market is undergoing tremendous growth that is likely to continue in the coming years, principally due to intense efforts to develop environment-friendly products globally. Many industry players are making several investments in order to balance the supply and demand and grab the tremendous potential opportunities in the future, resulting in the development of the global photocurable resins market.
MARKET SCOPE
The "Global Photocurable Resins Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the photocurable resins market with detailed market segmentation by type, application. The global photocurable resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading photocurable resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global photocurable resins market is segmented into type, application. By type, the photocurable resins market is classified into Monomers, Oligomers, Others. By application, the photocurable resins market is classified into Medical, Electronics, Coatings, Adhesives, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global photocurable resins market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The photocurable resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the photocurable resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the photocurable resins market in these regions.
MARKET PLAYERS
The report covers vital developments in the photocurable resins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the photocurable resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for photocurable resins in the global market. Below mentioned is the list of few companies engaged in the photocurable resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the photocurable resins market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Cytec
- Sartomer
- Eternal
- BASF SE
- Arkema
- IGM Resins B.V
- Others
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