The global cationic photoinitiators market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for metal coating and ink applications in various industries such as automotive, construction, and packaging. The onium salt photoinitiator segment is expected to dominate the global cationic photoinitiators market during the forecast period due to its high efficiency in initiating polymerization reactions. Onium salt photoinitiator segment accounted for more than 50% of the total revenue share in 2018 owing to its high efficiency in initiating polymerization reactions. Metal coating application accounted for more than 50% of total revenue share in 2018 owing to its wide usage across various industries such as automotive, construction, and packaging. Ink application accounted for more than 30% of total revenue share owing to its wide usage across various printing industries such as textile printing and paper printing among others. Adhesive application accounted for less than 10% of total revenue share due to low demand from end-users due to high cost associated with this type of product.
Some Of The Growth Factors Of This Market:
- The growing demand for UV-curable coatings and inks is attributed to their ability to provide high gloss finishes with excellent durability and scratch resistance properties, which are not possible with conventional coating technologies such as solvent-based paints or waterborne paints that are used in traditional painting methods such as brush painting or roller painting.
- Another factor driving the growth of this market is the increasing use of UV curing technology in various industries such as automotive, construction, electronics & electricals, furniture & fixtures manufacturing etc, which has led to an increase in demand for photoinitiators globally over the past few years due to their ability to cure polymers quickly without any residual solvents or volatile organic compounds (VOCs).
Industry Growth Insights published a new data on “Cationic Photoinitiators Market”. The research report is titled “Cationic Photoinitiators Market research by Types (Onium Salt Photoinitiator, Metal-organic Photoinitiators, Organosilane Photoinitiator), By Applications (Metal Coating, Ink, Adhesive), By Players/Companies IGM Resins, Lambson, DBC, Changsha Newsun, Tronly, Zhejiang Yangfan New Materials, Polynaisse, Dalian Richifortune Chemicals, RAHN”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cationic Photoinitiators Market Research Report
By Type
Onium Salt Photoinitiator, Metal-organic Photoinitiators, Organosilane Photoinitiator
By Application
Metal Coating, Ink, Adhesive
By Companies
IGM Resins, Lambson, DBC, Changsha Newsun, Tronly, Zhejiang Yangfan New Materials, Polynaisse, Dalian Richifortune Chemicals, RAHN
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Cationic Photoinitiators Market Report Segments:
The global Cationic Photoinitiators market is segmented on the basis of:
Types
Onium Salt Photoinitiator, Metal-organic Photoinitiators, Organosilane Photoinitiator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metal Coating, Ink, Adhesive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- IGM Resins
- Lambson
- DBC
- Changsha Newsun
- Tronly
- Zhejiang Yangfan New Materials
- Polynaisse
- Dalian Richifortune Chemicals
- RAHN
Highlights of The Cationic Photoinitiators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Onium Salt Photoinitiator
- Metal-organic Photoinitiators
- Organosilane Photoinitiator
- By Application:
- Metal Coating
- Ink
- Adhesive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cationic Photoinitiators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cationic photoinitiators are chemicals that can initiate the polymerization of a monomer in a photosensitive reaction.
Some of the key players operating in the cationic photoinitiators market are IGM Resins, Lambson, DBC, Changsha Newsun, Tronly, Zhejiang Yangfan New Materials, Polynaisse, Dalian Richifortune Chemicals, RAHN.
The cationic photoinitiators market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cationic Photoinitiators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cationic Photoinitiators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cationic Photoinitiators Market - Supply Chain
4.5. Global Cationic Photoinitiators Market Forecast
4.5.1. Cationic Photoinitiators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cationic Photoinitiators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cationic Photoinitiators Market Absolute $ Opportunity
5. Global Cationic Photoinitiators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cationic Photoinitiators Market Size and Volume Forecast by Type
5.3.1. Onium Salt Photoinitiator
5.3.2. Metal-organic Photoinitiators
5.3.3. Organosilane Photoinitiator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cationic Photoinitiators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cationic Photoinitiators Market Size and Volume Forecast by Application
6.3.1. Metal Coating
6.3.2. Ink
6.3.3. Adhesive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cationic Photoinitiators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cationic Photoinitiators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cationic Photoinitiators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cationic Photoinitiators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cationic Photoinitiators Demand Share Forecast, 2019-2026
9. North America Cationic Photoinitiators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cationic Photoinitiators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cationic Photoinitiators Market Size and Volume Forecast by Application
9.4.1. Metal Coating
9.4.2. Ink
9.4.3. Adhesive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cationic Photoinitiators Market Size and Volume Forecast by Type
9.7.1. Onium Salt Photoinitiator
9.7.2. Metal-organic Photoinitiators
9.7.3. Organosilane Photoinitiator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cationic Photoinitiators Demand Share Forecast, 2019-2026
10. Latin America Cationic Photoinitiators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cationic Photoinitiators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cationic Photoinitiators Market Size and Volume Forecast by Application
10.4.1. Metal Coating
10.4.2. Ink
10.4.3. Adhesive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cationic Photoinitiators Market Size and Volume Forecast by Type
10.7.1. Onium Salt Photoinitiator
10.7.2. Metal-organic Photoinitiators
10.7.3. Organosilane Photoinitiator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cationic Photoinitiators Demand Share Forecast, 2019-2026
11. Europe Cationic Photoinitiators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cationic Photoinitiators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cationic Photoinitiators Market Size and Volume Forecast by Application
11.4.1. Metal Coating
11.4.2. Ink
11.4.3. Adhesive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cationic Photoinitiators Market Size and Volume Forecast by Type
11.7.1. Onium Salt Photoinitiator
11.7.2. Metal-organic Photoinitiators
11.7.3. Organosilane Photoinitiator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cationic Photoinitiators Demand Share, 2019-2026
12. Asia Pacific Cationic Photoinitiators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cationic Photoinitiators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cationic Photoinitiators Market Size and Volume Forecast by Application
12.4.1. Metal Coating
12.4.2. Ink
12.4.3. Adhesive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cationic Photoinitiators Market Size and Volume Forecast by Type
12.7.1. Onium Salt Photoinitiator
12.7.2. Metal-organic Photoinitiators
12.7.3. Organosilane Photoinitiator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cationic Photoinitiators Demand Share, 2019-2026
13. Middle East & Africa Cationic Photoinitiators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cationic Photoinitiators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cationic Photoinitiators Market Size and Volume Forecast by Application
13.4.1. Metal Coating
13.4.2. Ink
13.4.3. Adhesive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cationic Photoinitiators Market Size and Volume Forecast by Type
13.7.1. Onium Salt Photoinitiator
13.7.2. Metal-organic Photoinitiators
13.7.3. Organosilane Photoinitiator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cationic Photoinitiators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cationic Photoinitiators Market: Market Share Analysis
14.2. Cationic Photoinitiators Distributors and Customers
14.3. Cationic Photoinitiators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. IGM Resins
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lambson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DBC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Changsha Newsun
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Tronly
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhejiang Yangfan New Materials
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Polynaisse
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Dalian Richifortune Chemicals
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. RAHN
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook