Uv Curable Resins Formulated Products Market

Global UV Curable Resins and Formulated Products Market is projected to grow at a significant CAGR from 2017 to 2025

Increasing stringent regulations on VOC emissions are leading to the development of eco-friendly technologies, such as 100% UV and waterborne UV, which are replacing solvent-borne UV technology. This, in turn, drives the demand for UV curable resins, as they show high performance owing to superior mechanical properties. These factors contribute to the growth of the UV curable resins & formulated products market. The major driving demand factor is high performance due to superior mechanical properties of UV curable resins. UV curable resins are largely used in industrial coating applications. The rapid growth of the market is driven by environmental concerns and increasingly stringent regulations. The major factor, which can be a key challenge to the global market, could be high setting-up cost. Based on composition, the UV curable resins and formulated products market is segmented into additives, monomers, oligomers and photoinitiators. The oligomers segment is projected to lead the UV curable resins & formulated products market. Oligomers such as acrylates are used to manufacture paper coatings, overprint varnish, wood coating, ink application, among others.

The report is designed to provide a complete view on the global UV Curable Resins and Formulated Products market. The report has been categorised into qualitative and quantitative insights over the forecast period (2017-2025). The demand and supply matrix section falls under the qualitative information category wherein the market dynamics for UV Curable Resins and Formulated Products market has been studied considering a short term forecast of the factors/ variables which have an impact on UV Curable Resins and Formulated Products market. The market segments and their respective estimates & forecasts has been covered under the quantitative information category. Regional estimates and forecasts & trend analysis for each country and region is also available in the study. The report concludes by providing the competitive landscape of the major market participants which are profiled by analysing their organic & inorganic growth strategies, regional presence, and product portfolio among others.
Study Technique: Global UV Curable Resins and Formulated Products Market

The global UV Curable Resins and Formulated Products market has been studied from the year 2016 till 2025. However, the CAGR provided in the report is from the year 2017 to 2025. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process. The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the UV Curable Resins and Formulated Products market. The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers. Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the company’s manufacturing UV Curable Resins and Formulated Products, and customer analytics.

Global UV Curable Resins and Formulated Products Market Segmentation

Based on application, the global UV curable resins and formulated products market is segmented into 3D application, adhesives, coatings, and overprint varnish. The coatings segment captures majority of the market share. There is a significant trend towards the use of more environment-friendly industrial coating systems. As a result, UV curing systems are becoming increasingly important. The use of UV coatings has increased significantly over the last decade in the electronics industry for mobile phones, laptops, and game console coatings. The main reason for this growth is the excellent performance that can be achieved with UV coatings, especially good wear resistance, outdoor durability, and resistance against household chemicals.

Based on technology, the global UV curable resins and formulated products market is segmented into solventborne UV, waterborne UV and powder UV. Whereas, based on chemistry, the global UV curable resins and formulated products market is segmented into acrylate oligomers and non-acrylate oligomers.

End-User Landscape (Consumer Profile): UV Curable Resins and Formulated Products Market

Companies such as Allnex Group, BASF SE, Toagosei Co. Ltd., Arkema SA, Royal DSM, and Covestro AG, among others are investing extensively in the manufacturing and sale of UV Curable Resins and Formulated Products, which presents a huge opportunity to UV Curable Resins and Formulated Products suppliers. The report provides a detailed list of end-users operating across the world. The end-user landscape includes consumer contact details, geographical presence, revenue, product portfolio, organic, and inorganic growth strategies among others.

Competitive Landscape:

Allnex Group, BASF SE, Toagosei Co. Ltd., Arkema SA, Royal DSM, Covestro AG, and Nippon Gohsei, among others account for the major share in UV Curable Resins and Formulated Products market. Companies are investing in innovation/R&D, brand building, and fostering strong relationships with customers to support their competitive position. The other companies profiled in the report include: IGM Resins B.V., Hitachi Chemical Company Ltd., and Miwon Specialty Chemical Co. Ltd.

Please note: This is not an exhaustive list of companies profiled in the report.