Global UV Curable Resins & Formulated Products Market to Reach $6.3 Billion by 2023 - ResearchAndMarkets.com

DUBLIN--()--The "UV Curable Resins & Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylates & Oligoamines, Acrylates), Application, Technology, and Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global UV curable resins & formulated products market is estimated to be USD 4 billion in 2018 and is projected to reach USD 6.31 billion by 2023, at a CAGR of 9.5% from 2018 to 2023.

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.

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 accounted for the largest share of the UV curable resins & formulated products market in 2017. 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.

Key Topics Covered

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 UV LED Curable Inks & Coatings

7 UV Curable Resins and Formulated Products Market, By Composition

8 UV Curable Resins (Oligomers) Market, By Chemistry

9 UV Curable Resins and Formulated Products Market, By Application

10 UV Curable Resins and Formulated Products Market, By Technology

11 UV Curable Resins and Formulated Products Market, By Region

12 Competitive Landscape

13 Company Profiles

  • Alberdingk Boley
  • Allnex
  • Arakawa Chemical Industries
  • Arkema
  • BASF
  • BYK-Chemie
  • CBC Co. Ltd.
  • Covestro
  • DIC Corporation
  • Deuchem
  • Double Bond Chemical
  • Dymax Corporation
  • Eternal Chemical
  • Hitachi Chemical Company
  • IGM Resins
  • Jiangsu Sanmu Group
  • Lambson Limited
  • Miwon Specialty Chemical
  • Nagase ChemteX Corporation
  • Nippon Gohsei
  • Nissan Chemical Industries
  • Perstorp Holding
  • Qualipoly Chemical Corporation
  • RAHN AG
  • Royal DSM
  • Siltech Corporation
  • Soltech
  • Toagosei
  • Wanhua Chemical Group

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Related Topics: Plastic Resins

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Plastic Resins