The UV curable resins & formulated products market is projected to register a CAGR of 9.5% during the forecast period, in terms of value. The global UV curable resins & formulated products market is estimated to be USD 4.2 billion in 2020 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 9.5% from 2020 to 2025. The market is witnessing moderate growth, owing to increasing application, technological advancements, and growing demand for these resins in the Asia Pacific and South America. UV curable resins are largely used in the coating application. The rapid growth of the market is driven by environmental concerns and increasingly stringent regulations. The need to thermally dry sensitive substrates and the high setting-up cost of the UV coatings plant are some of the restraints for the UV curable resins & formulated products market.
Coatings application segment is expected to lead the UV curable resins & formulated products market during the forecast period. The coatings application segment will continue to lead the UV curable resins & formulated products market, as the physical and chemical properties of the UV chemistry permit excellent gloss and viscosity control, and therefore, the application is easy with minimal or no process issues with VOCs/HAPs.The UV curing technology has outperformed the coatings market growth consistently over a period of time, and have turned out to be an overall sustainable and high growth technology in the coatings industry.
This high demand for UV curable coatings is majorly due to its high performance, and excellent environmental & safety profile.
Asia Pacific is the largest market for UV curable resins & formulated products. Asia Pacific accounted for the largest share of the UV curable resins & formulated products market in 2020. Factors such as evolving environmental & regulatory scenario, increasing consumer awareness (including sensitivity to health and safety), uncertainty about oil price, and pressure from flagship companies willing to improve the environmental performance of their supply chain have led to an increased demand for UV curable resins & formulated products in the Asia Pacific region.
This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into 3 categories, namely by company, by designation, and by region. • By Company Type- Tier 1- 55%, Tier 2- 20%, and Tier 3- 25% • By Designation- C Level- 40%, Directors – 35%, and Others - 25% • By Region- North America- 40%, Europe- 20%, Asia Pacific- 30%, Middle East – 2%, and South America - 8%
The fatty alcohols market comprises major solution providers, such as Allnex Netherlands B.V.. (Germany), Alberdingk Boley GmbH (Germany), BASF SE (Germany), Nippon Gohsei (Japan), DSM-AGI (Netherlands), IGM Resins (Netherlands) and Covestro AG among others. The study includes an in-depth competitive analysis of these key players in the fatty alcohols market, with their company profiles, and key market strategies.
Research Coverage: The report covers the UV curable resins and formulated products market based on composition, chemistry,application and technology, and region.This study aims at estimating the size and future growth potential of the market across various segmentation types.
It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.
Key Benefits of Buying the Report: • Comprehensive coverage and analysis of the UV curable resins & formulated products market in Asia Pacific, Europe, North America, Middle East & Africa, and South America • Competitive landscape of major players and their developments in the UV curable resins & formulated products market • A list of VOC regulations driving the market in key countries and regions • Identifying high-potential opportunities for UV curable resins • Identifying and targeting high-growth application segments
Our reports have been used by over 10K customers, including:
Global Polyvinyl Chloride (PVC) Industry Outlook to 2024 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants Summary The global Polyvinyl Chloride capacity increased from 54.60 mtpa in 2014 to 56.13 mtpa in 2019 at an AAGR of 0.6 percent. It is expected to increase...
290 pages •
By Global Industry Analysts
• Sep 2020
Global Blow Molding Resins Market to Reach $61.6 Billion by 2027 Amid the COVID-19 crisis, the global market for Blow Molding Resins estimated at US$40.9 Billion in the year 2020, is projected to reach a revised size of US$61.6 Billion by 2027, growing at a CAGR of 6% over the analysis period 2020-2027. Polyethylene, one of the segments...
289 pages •
By Global Industry Analysts
• Sep 2020
Global UV Curable Resins and Formulated Products Market to Reach $7.4 Billion by 2027 Amid the COVID-19 crisis, the global market for UV Curable Resins and Formulated Products estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$7.4 Billion by 2027, growing at a CAGR of 8.2% over the analysis period...
The Asia-Pacific paints and coatings market is estimated to witness a significant growth, at an estimated CAGR of over 5%, over the forecast period. Paints and coatings manufacturers are continuously developing innovating and sustainable solutions by advancing their formulations to cater to the growing market demand. - Increasing construction...
The industrial coatings market is projected to register a CAGR of 3.9%, in terms of value, between 2020 and 2025. The industrial coatings market size is expected to grow from USD 85.2 billion in 2020 to USD 103.2 billion by 2025, at a CAGR of 3.9% during the forecast period. The increasing demand for environmentally-friendly...
80 pages •
By Asia Market Information & Development Company
• Jun 2020
This study focuses on China’s Tetrahydrophthalic Anhydride (THPA) industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and...
Growth of the polymer emulsion market is mainly driven by the growing end-use industries such as transportation, consumer durables, and building & construction, especially in developing countries. The global polymer emulsion market size is expected to be USD 25.2 billion in 2020 and is projected to reach USD 38.1 billion by 2025, at...
Global Polyethylene Terephthalate (PET) Industry Outlook to 2024 - Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants Summary The global Polyethylene Terephthalate capacity increased from 25.64 mtpa in 2014 to 30.47 mtpa in 2019 at an AAGR of 3.5 percent. It...
Unsaturated Polyester Resins Market Research Report by Type (DCPD, Isopthalic, and Orthopthalic), by End Use (Artificial Stones, Building & Construction, Electrical, Marine, and Tanks & Pipes) - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Unsaturated Polyester Resins Market is expected to grow...
190 pages •
By Global Industry Analysts
• Sep 2020
Global High Temperature Composite Resins Market to Reach $1.4 Billion by 2027 Amid the COVID-19 crisis, the global market for High Temperature Composite Resins estimated at US$800.2 Million in the year 2020, is projected to reach a revised size of US$1.4 Billion by 2027, growing at a CAGR of 8% over the analysis period 2020-2027. Lay-up,...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.