UV Cured Resins Market Size, Share, Growth, Global Trends, Industry Analysis and Forecast to 2027

Price: 3200/- USD | Published Date: September 23, 2020 |

The global UV cured resins market size was estimated at around USD 4 billion in 2019 and projected to grow at the CAGR of 9.3% market during 2020-2027. High consumption of packaged food and beverage is the major factor driving the market of the UV cured resins market. Increasing demand for UV curable inks is expected to dominate the global UV cured resins market in 2019 and is expected to increase in the near future. Shift towards eco-friendly resins is another factor contributing to the growth of global UV cured resins globally. Stringent government regulations regarding volatile organic compounds emission have boosted demand for eco-friendly resins, leads to promote the growth of UV cured resins worldwide.

Market Insights:

UV cured resins are used in various end-user industries such as packaging, electronics, building & construction, and automotive among others. The packaging industry is reported to have a significant impact on the UV cured resins market. UV cured resins are majorly used for label printing in the packaging industry. North America dominated the market for UV cured resins inks market due to high demand from the packaging sector in the region. High consumption of packaged food and beverage is the major factor driving the market of UV cures resins market in the region. Therefore, increasing demand for UV curable inks is expected to dominate the global UV cured resins market in 2019 and is expected to increase in the near future. Moreover, the shift towards eco-friendly resins is another factor contributing to the growth of global UV cured resins globally.  Stringent government regulations regarding volatile organic compounds emission have boosted demand for eco-friendly resins. Asia Pacific is the major region contributing to the growth of the UV cured resins market for industrial coatings. Automotive, Oil & Gas, and Constructions are the major industries boosting demand for UV cured resins in the market. The electronics market is another end-use industry that is expected to boost the market growth of global UV cured resins worldwide.

Market Segment Insights:

Monomers dominated the global UV cured resins market, accounted for more than 44% market share by value of global UV cured resins market. The second-largest UV cured resins by composition was Oligomers. Growing 3D printing market is another factor contributing to high demand for UV cured resin inks in the market. The second-largest application segment was UV cured resins adhesives market. The industrial coatings market dominated the global UV cured resins market in 2019. Packaging accounted as the second-largest end-user segment of global UV cured resins market in 2019.

Global UV Cured Resins Market Segment:

By Compositions, 2018–2027 ($ Millon)

  • Photoinitiator
  • Monomers
  • Oligomers

By Application, 2018–2027 ($ Millon)

  • Masking Materials
  • UV Cured Resins Inks Market
  • Pre-Coated Gaskets Market
  • UV Cured Resins Adhesives Market
  • Others

By End User, 2018–2027 ($ Millon)

  • Packaging Market
  • Graphic Arts Market
  • Industrial Coatings Market
  • Healthcare Market
  • Electronics Market
  • Others

By Geography, 2015-2025 ($ Millon)

  • North America
  • Europe
  • Asia Pacific
  • Latin America (LATAM)
  • Middle East and Africa (MEA)

Regional Insights:

Asia Pacific accounted for the largest share of global UV cured resins market in 2019. Growing demand for green coatings and electronics manufacturing is expected to boost major demand for UV cured resins in the market. North America accounted to be the second-largest market for UV cured resins worldwide. Increasing demand for UV cured resins from end-user industries such as automotive, electronics and packaging has led to growth of global UV cured resins market in the region. Europe is anticipated to contribute to the growth of the global UV cured resins market due to high demand for curable inks and adhesives. Other regions such as Middle East & Africa and Latin America are also expected to boost market demand for UV cured resins during the forecast period from 2020 to 2027.

Market Competition Assessment:

The major players currently operating in the global UV cured resins market include Allnex Belgium SA, BASF SE, Dsm-Agi Corp, Dymax Corp, Eternal Materials Co. Ltd., Hitachi Chemical Co Ltd, Jiangsu Litian Technology Co. Ltd, Jiangsu Sanmu Group Corporation, Miwon Specialty Chemicals Co. Ltd., and Sartomer Usa Llc.

List of Key Companies:

  • Allnex Belgium SA.
  • BASF SE.
  • Dsm-Agi Corp.
  • Dymax Corp.
  • Eternal Materials Co. Ltd.
  • Hitachi Chemical Co Ltd.
  • Jiangsu Litian Technology Co. Ltd.
  • Jiangsu Sanmu Group Corp.
  • Miwon Specialty Chemicals Co. Ltd.
  • Sartomer Usa LLC.

Key Questions Answered by UV Cured Resins Market Report

  • Global UV cured resins market forecasts from 2020-2027
  • Regional UV cured resins market forecasts from 2020-2027 covering Asia-Pacific, North America, Europe, Middle East and Africa, and Latin America
  • Country-level forecasts from 2020-2027 covering 15 major countries from the aforementioned regions
  • UV Cured Resins submarket forecasts of 2020-2027 covering submarket 1, submarket 2 submarket 3
  • Various industry models such as SWOT analysis, Pestle Analysis, Porter’s Five Force model, Value Chain Analysis pertaining to UV cured resins market
  • Analysis of the key factors driving and restraining the growth of the global, regional and country-level UV cured resins markets of 2020-2027
  • Competitive Landscape and market positioning of top 10 players operating in the UV cured resins market

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Table of Content:


Chapter 1 Preface


1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary


2.1 Global UV Cured Resins Market Portraiture
2.2 Global UV Cured Resins Market, by Compositions, 2019 (US$ Mn)
2.3 Global UV Cured Resins Market, by Application, 2019 (US$ Mn)
2.4 Global UV Cured Resins Market, by End User, 2019 (US$ Mn)
2.5 Global UV Cured Resins Market, by Geography, 2019 (Value %)

Chapter 3 Global UV Cured Resins Market Analysis


3.1 Global UV Cured Resins Market Overview
3.2 Major Market Trends and Key Takeaways
3.3 Market Dynamics
3.3.1 Market Drivers
3.3.1.1 High Consumption of Packaged Food & Beverage is The Major Factor Driving The Market of UV Cures Resins Market
3.3.2 Challenges
3.3.2.1 The Need of Thermally Dry Sensitive Substrates and High Setting Up Cost
3.3.3 Opportunities
3.4 Attractive Investment Proposition
3.5 Competitive Analysis: Global UV Cured Resins Market, 2019

Chapter 4 Global UV Cured Resins Market, by Compositions, 2018-2027 (US$ Mn)


4.1 Preface
4.2 Photoinitiator
4.3 Monomers
4.4 Oligomers

Chapter 5 Global UV Cured Resins Market, by Application, 2018-2027 (US$ Mn)


5.1 Preface
5.2 Masking Materials
5.3 UV Cured Resins Inks Market
5.4 Pre-Coated Gaskets Market
5.5 UV Cured Resins Adhesives Market
5.6 Others

Chapter 6 Global UV Cured Resins Market, by End User, 2018-2027 (US$ Mn)


6.1 Preface
6.2 Packaging Market
6.3 Graphic Arts Market
6.4 Industrial Coatings Market
6.5 Healthcare Market
6.6 Electronics Market
6.7 Others

Chapter 7 Global UV Cured Resins Market, by Geography, 2018-2027 (US$ Mn)


7.1 Preface
7.2 North America (U.S. & Canada)
7.3 Europe (U.K., Germany & Rest of Europe)
7.4 Asia Pacific (China, Japan, Singapore, South Korea and Rest of APAC)
7.5 Latin America (Mexico, Brazil and Rest of LATAM)
7.6 Middle East and Africa (GCC, and Rest of Middle East and Africa)

Chapter 8 Company Profiles


8.1 Allnex Belgium SA
8.2 BASF SE
8.3 Dsm-Agi Corp.
8.4 Dymax Corp.
8.5 Eternal Materials Co. Ltd.
8.6 Hitachi Chemical Co Ltd
8.7 Jiangsu Litian Technology Co. Ltd
8.8 Jiangsu Sanmu Group Corp.
8.9 Miwon Specialty Chemicals Co. Ltd.
8.10 Sartomer Usa LLC

(Reports will be updated due to COVID-19 impacts on the market)

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