Global UV Curable Resins and Formulated Products Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

  • Report ID : 443986

  • Industry Name : Chemicals & Materials

  • Publishing Date : 22 October 2020

  • No. of Pages : 150

                                                         
Global UV Curable Resins and Formulated Products Market - By Composition (Oligomers, Monomers, Photoinitiators and Additives); By Chemistry (Non-Acrylate Oligoamines, Acrylate Oligoamines and Others); By Technology (Waterborne UV, Solvent-borne and 100% Solid Favorable Powder UV); By Application (Wood & Paper Coatings, Plastic Coatings, Metal Coatings, Printing Inks, Adhesives, 3D Printing, Adhesives, Overprint Varnishes and Others); By End-users (Industrial Coatings, Graphic Arts and Electronics); and Region – Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts t2030 Product Overview Ultra Violet (U.V.) Curable Resins and Formulated Products are substances that are polymerized and treated in a petite period by the vitality emitted from ultraviolet irradiation machines. These are mainly used as industrial supplies for sealing, bonding, and coating. The properties and gains which elucidate the application of U.V. treating resins are that the treating rate is rapid, the work hour capacity is reduced. Market Highlights Global UV curable and formulated products market is expected texceed USD 7,024 million by 2030 from USD 4,078 million in 2019 at a CAGR of 9.48% throughout the forecast period i.e. 2020-2030. The market is anticipated tgrow on the back of rising functioning of UV curable resin coatings. Global UV resins and Formulated Products Market: Segments The Photoinitiators segment tgrow with the fastest CAGR of xx% during 2020-2030 Global UV resins and formulated products market is segmented by Composition intOligomers, Monomers, Photoinitiators and Additives. Among these, the photoinitiators segment is estimated thold the largest market share of xx% in 2019. The photoinitiators are projected texperience the steadfast growth in the coming years owing twide research and technological expansions in the photoinitiators field and alsthe growth and advancement of new resins. Global UV Resins and Formulated Products Market: Market Dynamics Driver Increasing Functioning of UV Curable Resin Coatings Water-borne UV curable coatings have been built lately tdecrease the use of VOC and reactive diluents. Water is utilized as a diluent or dissolving medium in these coatings as it can reduce air pollution and the possibility of fire as well as enhance occupational health and safety. It is simpler thandle the thickness of water-based preparation and appropriate tsmear and clean. For the water-borne UV curable system, the thickness can be controlled by managing the absorption and molecular weight of oligomers. Waterborne UV curable coatings enable excellent luster and thickness management, and hence, can be applied easily with reduced or ntechnical problems VOCs/HAPs. Restraint High Setting-up Cost High setting-up cost of the UV curable resins production factories have been recognized as a key obstacle in the UV curable resins market. It is observed that the original cost of devising tools can be more than the cost suffered on traditional coating technologies. Also, the UV curing machine is more expensive than the traditional one. The concentration of this restraint is particularly higher in Asian regions, as they are more cost-subtle. Therefore, the high setting-up cost of these producing factories hinders the UV curable resins market growth. Global UV Resins and Formulated Products Market: Regions Asia Pacific tsurge at the highest CAGR of xx% during 2020-2030 Region-wise, the market for UV resins and formulated products across the globe is segmented intNorth America, Latin America, Europe, Middle East & Africa and Asia Pacific. Among these, Asia Pacific is witnessed tconstitute xx% of the total market share in the year 2019. Aspects such as emerging ecological & regulatory circumstances, rising consumer consciousness (including sensitivity thealth and safety), vagueness about oil price, and burden from key companies agreeing tenhance the environmental functioning of their supply chain have led ta raised demand for UV curable resins & formulated products in the Asia Pacific region. Global UV Resins and Formulated Products Market: Key Players o Allnex Group Company Overview Business Strategy Key Product Offerings Financial Performance Key Performance Indicators Risk Analysis Recent Development Regional Presence SWOT Analysis o Arkema o Royal DSM o CovestrAG o Nippon Gohsei o Hitachi Chemical Co. Ltd. o IGM Resins B.V. o Toagosei Co. Ltd. o Miwon Specialty Chemical Co. Ltd. o BASF The market report on global UV resins and formulated products alscontains the following in-depth analysis: UV Resins and Formulated Products Market Segments: By Composition Oligomers Monomers Photoinitiators Additives By Chemistry Non-Acrylate Oligoamines Acrylate Oligomines Others By Technology Waterborne UV Solvent-borne 100% Solid UV Powder UV By Application Wood & Paper Coatings Plastic Coatings Metal Coatings Printing Inks Adhesives 3D Printing Overprint Varnishes Others By End-users Industrial Coatings, Graphic Arts Electronics By Region North America Latin America Europe Middle East & Africa Asia Pacific o UV Resins and Formulated Products Market Dynamics o UV Resins and Formulated Products Market Size o Supply & Demand o Current Trends/Issues/Challenges o Competition & Companies Involved in the Market o Value Chain of the Market o Market Drivers and Restraints

Research Framework

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Information Sources

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Data Analysis

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