MARKET OVERVIEW
The market for UV-curable resins, which harden when exposed to UV light, is driven by increasing demand in industries such as printing, electronics, automotive, and construction. These resins are used in applications such as coatings, adhesives, and inks and in new products like 3D printing and flexible electronics. The UV curable resins are of three types i.e.- acrylate, epoxy, and others. Acrylate-based resins are popular for their mechanical, optical, and thermal properties, while epoxy-based resins are known for their chemical resistance, good electrical insulation, and high thermal stability.
MARKET DYNAMICS
The global UV curable resins market is growing at a significant pace owing to driving factors such as increasing use of environment-friendly industrial coatings and growing demand for UV curable inks in packaging applications. Moreover, rising use in 3D printing applications owing to its high performance properties further boost the UV curable resins market globally. However, the high installation cost of UV curable resin manufacturing plant and lack of awareness are the key factors hindering the curable resins market. Likewise. Propelling demand from the electronics industry is anticipated to provide a lucrative opportunity for market players over the projected period.
MARKET SCOPE
The "Global UV Curable Resins Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the UV curable resins market with detailed market segmentation by formulation, application, end user and geography. The global UV curable resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading UV curable resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global UV curable resins market is segmented on the basis of formulation, application and end user. On the basis of formulation, the UV curable resins market is segmented into oligomers, monomers, photoinitiators and others. On the basis of application, the market is bifurcated into, coating, inks, adhesives and others. Based on end user, the global UV curable resins market is segmented into, industrial coatings, graphic arts, electronics, and 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 UV curable resins market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The UV curable 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 UV curable resins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. 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 UV curable resins market in these regions.
MARKET PLAYERS
The reports cover key developments in the UV curable 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from UV curable resins market are anticipated to lucrative growth opportunities in the future with the rising demand for UV curable resins in the global market. Below mentioned is the list of few companies engaged in the UV curable resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the UV curable resins market. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last 3 years, the key development in the past five years.
- ALLNEX NETHERLANDS B.V.
- Arkema Group
- BASF SE
- DIC CORPORATION
- DSM-AGI Corporation
- Eternal Materials Co.,Ltd.
- Hitachi Chemical Co., Ltd.
- IGM
- Mitsubishi Chemical Corporation
- Miwon Specialty Chemical Co., Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.