One of the primary drivers of the worldwide UV curable resins market is the increased usage of environmentally friendly industrial coatings. Furthermore, the market is predicted to expand due to an increase in demand for UV curable inks in packaging applications. The restricted light penetration depth of UV curable resins, on the other hand, is projected to impede market growth. The depth of light penetration varies depending on wavelength and spectral dispersion, although it seldom exceeds a few millimetres in UV curable resins. As a result, UV curable polymers are only used in inks, coatings, and adhesives, which limits market expansion. The global UV curable resins market, on the other hand, has yet to reach its full potential.
MARKET DYNAMICS
To reduce the usage of VOCs and reactive diluents, waterborne UV curable coatings have recently been created. Water is employed as a diluent or dispersing medium in these coatings because it can reduce air pollution, fire danger, and improve worker health and safety. The viscosity of water-based formulations is easier to manage, and they are easier to apply and clean. The concentration and molecular weight of oligomers can be controlled in the aqueous UV curable system to control viscosity. Waterborne UV curable coatings provide good gloss and viscosity control, so they may be applied quickly and simply with little or no VOCs/HAPs.
MARKET SCOPE
The "global waterborne UV curable resins market analysis to 2028" is a specialized and in-depth study of the chemical and material industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the waterborne UV curable resins market with detailed market segmentation by chemistry and application. The global waterborne 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 waterborne UV curable resins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global waterborne UV curable resins market is segmented into form and material. By chemistry, the waterborne UV curable resins market is classified into urethane acrylate and blend of uethane acrylate with acrylic dispersion. By application, the waterborne UV curable resins market is classified into wood, graphics, opto and electronics, foil and inks and plastics
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 waterborne UV curable resins market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The waterborne 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 waterborne UV curable 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 waterborne UV curable resins market in these regions.
MARKET PLAYERS
The report covers vital developments in the waterborne 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 partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the waterborne UV curable resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand waterborne UV curable resins in the global market. Below mentioned is the list of few companies engaged in the waterborne UV curable resins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the waterborne UV curable resins market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
-Allnex Belgium Sa/Nv
-Alberdingk Boley GmbH
-BASF SE
-Royal DSM N. V.
-Covestro
-Nippon Gohsei
-Wanhua Chemical Group Co. , Ltd.
-Miwon Specialty Chemical Co. Ltd.