DUBLIN--(BUSINESS WIRE)--The "Photoinitiator Market Report: Trends, Forecast and Competitive Analysis" report has been added to ResearchAndMarkets.com's offering.
The global photoinitiators market is expected to reach an estimated $1,294.4 million by 2023 and it is forecast to grow at a CAGR of 8.5% from 2018 to 2023.
The future of the global photoinitiators market looks promising with opportunities in paints, inks, and adhesives. The major growth drivers for this market are increasing demand for photoinitiators in packaging, automotive and electronic industries as they improve overall productivity by reducing cure time and generating low VOC emissions.
Emerging trends, which have a direct impact on the dynamics of the photoinitiators industry, include improved performance of UV curing coatings in the electronic assembly and advancement in light cure adhesives technology.
Some of the photoinitiators companies profiled in this report include IGM Resins, Tianjin Jiuri New Materials Co. Ltd, Changzhou Tronly New Electronic Materials Co. Ltd., Lambson Limited, RAHN AG and others.
On the basis of its comprehensive research, the researcher forecasts that the inks and adhesives segments will show above average growth during the forecast period.
By product type, the global photoinitiator market is segmented into free radical and cationic type. The free radical type photoinitiator segment is expected to show above average growth during the forecast period because of increased usage due to fast cure time.
APAC is expected to remain the largest region, and is likely to register the highest growth due to growth in construction, packaging, printing, electrical & electronics, and automotive industries.
Key Topics Covered
1. Executive Summary
2. Global Photoinitiator Market Dynamics
3. Market Trends and Forecast Analysis from 2012 to 2023
4. Market Trends and Forecast Analysis by Region
5. Competitor Analysis
6. Cost Structure Analysis
7. Growth Opportunities and Strategic Analysis
8. Company Profiles of Leading Players
8.1: IGM Resins
8.2: Lambson Limited
8.3: Tianjin Jiuri New Materials Co. Ltd.
8.4: Changzhou Tronly New Electronic Materials Co. Ltd.
8.5: RAHN AG
For more information about this report visit https://www.researchandmarkets.com/research/4fffnr/global?w=4