Uv Cured Resins Market Report

UV-Cured Resins Market Insights

UV-Cured resins market is likely to witness an impressive CAGR of 7.9% during the forecast period. Stringent regulation towards VOC emission and increasing demand for environment-friendly products are the major factors propelling the demand for UV-cured resins in the global market.

Market Share Analysis

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UV-Cured Resins Market Share: By Composition Type

Based on the composition type, the market is segmented as oligomers, monomers, photoinitiators, and others. The oligomers segment is expected to lead the market during the forecast period, owing to its superior properties, such as fast curing, good chemical resistance, high gloss, and relatively low cost among all the available composition types.

UV-Cured Resins Market Share: By Application Type

Based on the application type, the market is segmented as coatings, inks, adhesives, and others. The coatings segment dominated the UV-cured resins market and is expected to remain dominant during the forecast period owing to increased usage of UV coatings in the electronics industry as they deliver outdoor durability, good wear resistance, and resistance against household chemicals.

UV-Cured Resins Market Share: By Region

In terms of regions, Asia-Pacific is expected to remain the largest market for UV-Cured resins during the forecast period, followed by Europe and North America. The market is driven by the increasing penetration in electronic sector, rising awareness towards health and safety along with the stringent VOC emission standards.

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Some of the major players in the UV-Cured resins market are-

• BASF SE
• Taogosei Co. Ltd.
• Koninklijke DSM N.V.
• The Nippon Synthetic Chemical Industry Co. Ltd.
• Covestro AG
• Wanhua Chemical Group Co. Ltd.
• Miwon Specialty Chemical Co Ltd.
• Hitachi Ltd.
• Arkema Group
• DIC Corporation

Market Scope & Segmentation

UV-Cured Resins are those materials that are cured by ultraviolet radiation devices in a much shorter time and are polymerized. These resins are known for their various characteristics such as lesser restrictions for coating processes, offers great workability, and many other cured features.

UV-Cured Resins can be used in a number of applications and some of them are coatings, adhesives, inks, and others. These resins are mostly used in industries like graphic arts, industrial coatings, and electronics.

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 UV-Cured resins market is segmented into the following categories. 

UV-Cured Resins Market Size, Share, & Forecast, by Composition Type:

• Oligomers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Monomers (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Photoinitiators (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

UV-Cured Resins Market Size, Share, & Forecast, by Application Type:

• Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Inks (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Adhesives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

UV-Cured Resins Market Size, Share, & Forecast, by End-Use Industry Type:

• Industrial Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Graphic Arts (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Electronics (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

UV-Cured Resins Market Size, Share, & Forecast, by Region:

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

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Research Methodology

This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, 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 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. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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 composite type by application 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 at sales@stratviewresearch.com.