TCD Alcohol DM Market Growth Analysis | 2023-2028

Market Insights

The TCD alcohol DM market was estimated at USD 28.44 million in 2022 and is likely to grow at a CAGR of 7.05% during 2023-2028 to reach USD 42.95 million in 2028.

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What is TCD alcohol DM?

TCD alcohol DM commonly known as tricyclodecane alcohol dimethanol is basically a highly viscous, colorless, and water-soluble aliphatic hydrocarbon which provides excellent features, such as transparency, hardness, and elasticity to the final product.

Market Dynamics

Major factors driving the growth of the TCD alcohol DM market are-

• Increasing usage of TCD alcohol in automotive applications.
• Rising demand for UV-cured inks.
• Growing usage of UV-cured adhesives in the packaging industry.

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Segment Analysis

By Application Type

Based on the application type, the market is segmented as UV-cured coatings, UV inkjet inks, and others. UV-cured coating is estimated to account for the major share of the market owing to its wide utilization in various industries, such as electronic devices, graphic arts, and automobiles during the forecast. UV radiations efficiently provide long-life and high resistance from scratching and abrasion to the coatings, fueling the segment’s growth over the forecast period.

Regional Insights

In terms of regions, Asia-Pacific is estimated to be the leading region in the market with China being the growth engine of the region during the forecast period. Factors such as growing consumption of packaged food products and increasing usage of sanitation goods such as cleaning wipes, hand wash, and sanitizers are further expected to fuel the growth of the Asia-Pacific’s market over the forecast period. North America and Europe are also estimated to offer substantial growth opportunities during the forecast period.

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Market Segmentation

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The market is segmented into the following categories. 

By Application Type

• UV Cure Coatings
• UV Inkjet Inks
• Others

By Region

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Key Players

Some of the key players in the market are-

• Ernesto Ventós, S.A.
• Indukern - F&F
• Lluch Essence, SL
• Mil-Spec Industries Corporation
• Moellhausen S.P.A.
• OQ Chemicals
• Prodasynth
• Soditas
• Synchem, Inc.
• Tokyo Chemical Industry Co., Ltd.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Research Methodology

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data.

We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the application types by region type.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.