Market Overview:
The global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methylpropiophenone (photoinitiator 2959) market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for UV curing coatings, inks, and pharmaceutical intermediates. In addition, the growing awareness about the benefits of using photoinitiators is also contributing to the growth of this market.
-2-methyl-propiophe(Photoinitiator 2959) Industry Outlook.svg)
Product Definition:
2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophenone is a photoinitiator used in UV curable coatings. It is important because it helps to cure the coating quickly and efficiently.
Purity98%-99%:
Purity98%-99% is a photoinitiator used in the manufacturing of polymeric dispersions. It's also applicable to inks, coatings, and adhesives. Purity98%-99% has applications in various end-use industries such as packaging & material handling, construction & building materials, electrical & electronics and automotive industry.
Purity>99%:
2-hydroxy-4-(2-hydroxyethoxy)-2-methylpropiohe is a kind of organic compound, which is the photoinitiator. It has a molecular formula of C18H22O3 and it exists in the form of white crystalline powder. Purity level refers to percentage composition or total amount by weight. In terms of composition, it means that the product contains at least 99% pure substance by weight.
Application Insights:
The inks application segment led the global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methylpropiole (2959) market and accounted for more than 35% of the overall revenue share in 2017. The growth of this application segment is attributed to increasing demand for printing ink from various end uses such as packaging, textiles, and construction industries. In addition, growing use of 2959 Initiator products in various types of coatings including UV curable coating paints is expected to drive product demand over the forecast period.
The pharmaceutical intermediates application segment was valued at USD 56 million in 2017 owing to rising use 2959 Initiator products as a photochemically active agent for synthesizing diverse pharmaceutical intermediates such as antibiotics.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2016. The region is expected to witness a rise in demand for 2-hydroxy-4′-(2-hydroxyethoxy)-2-methylpropiophen due to the presence of numerous major pharmaceutical companies, which are engaged in extensive research & development activities for manufacturing drugs.
The U.S., being a developed economy and one of the top exporters of chemicals, has huge potential for growth through 2030. Moreover, increasing use as an initiator and photoprotectant across various industries such as automotive, packaging & materials is anticipated to propel product demand over the forecast period.
Asia Pacific emerged as one of the largest consumers owing to growing industrialization coupled with rising spending on consumer goods by countries like China and India; both emerging markets offer lucrative opportunities for industry participants over next eight years or so (i)rrespective about political instability prevailing within these nations).
Growth Factors:
- Increasing demand for UV curing in various end-use industries
- Rising awareness about the benefits of UV curing over traditional methods
- Growing popularity of 2-hydroxy-4′-(2-hydroxyethoxy)-2-methylpropiophenone among formulators and users
- Technological advancements in UV curing equipment and systems
- Proliferation of inkjet printing technology
Scope Of The Report
Report Attributes
Report Details
Report Title
2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Research Report
By Type
Purity98%-99%, Purity>99%
By Application
UV Curing Coatings, Inks, Pharmaceutical Intermediates
By Companies
IGM Resins, Lambson, Anyang General Chemical, Haihang Group, Nanjing Zhonghesheng Technology, QuickChem, Hubei Zhengxingyuan Chemical, IGM Resins
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Report Segments:
The global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) market is segmented on the basis of:
Types
Purity98%-99%, Purity>99%
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
UV Curing Coatings, Inks, Pharmaceutical Intermediates
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
- Anyang General Chemical
- Haihang Group
- Nanjing Zhonghesheng Technology
- QuickChem
- Hubei Zhengxingyuan Chemical
- IGM Resins
-2-methyl-propiophe(Photoinitiator 2959) Market Overview.svg)
Highlights of The 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) 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:
- Purity98%-99%
- Purity>99%
- By Application:
- UV Curing Coatings
- Inks
- Pharmaceutical Intermediates
- 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 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) 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
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-2-methyl-propiophe(Photoinitiator 2959) Market Statistics.svg)
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?
2-hydroxy-4u00e2u20acu00b2-(2-hydroxyethoxy)-2-methylpropiophen is a photoinitiator. It is used to initiate the polymerization of monomers in a photosensitive system.
Some of the key players operating in the 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(photoinitiator 2959) market are IGM Resins, Lambson, Anyang General Chemical, Haihang Group, Nanjing Zhonghesheng Technology, QuickChem, Hubei Zhengxingyuan Chemical, IGM Resins.
The 2-hydroxy-4¢‚¬²-(2-hydroxyethoxy)-2-methyl-propiophe(photoinitiator 2959) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size & Forecast, 2018-2028
4.5.1 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size and Y-o-Y Growth
4.5.2 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Absolute $ Opportunity
Chapter 5 Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
5.2.1 Purity98%-99%
5.2.2 Purity>99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
6.2.1 UV Curing Coatings
6.2.2 Inks
6.2.3 Pharmaceutical Intermediates
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Analysis and Forecast
9.1 Introduction
9.2 North America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
9.6.1 Purity98%-99%
9.6.2 Purity>99%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
9.10.1 UV Curing Coatings
9.10.2 Inks
9.10.3 Pharmaceutical Intermediates
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Analysis and Forecast
10.1 Introduction
10.2 Europe 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
10.6.1 Purity98%-99%
10.6.2 Purity>99%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
10.10.1 UV Curing Coatings
10.10.2 Inks
10.10.3 Pharmaceutical Intermediates
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
11.6.1 Purity98%-99%
11.6.2 Purity>99%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
11.10.1 UV Curing Coatings
11.10.2 Inks
11.10.3 Pharmaceutical Intermediates
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Analysis and Forecast
12.1 Introduction
12.2 Latin America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
12.6.1 Purity98%-99%
12.6.2 Purity>99%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
12.10.1 UV Curing Coatings
12.10.2 Inks
12.10.3 Pharmaceutical Intermediates
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Type
13.6.1 Purity98%-99%
13.6.2 Purity>99%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market Size Forecast by Applications
13.10.1 UV Curing Coatings
13.10.2 Inks
13.10.3 Pharmaceutical Intermediates
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market: Competitive Dashboard
14.2 Global 2-hydroxy-4′-(2-hydroxyethoxy)-2-methyl-propiophe(Photoinitiator 2959) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IGM Resins
14.3.2 Lambson
14.3.3 Anyang General Chemical
14.3.4 Haihang Group
14.3.5 Nanjing Zhonghesheng Technology
14.3.6 QuickChem
14.3.7 Hubei Zhengxingyuan Chemical
14.3.8 IGM Resins
