Market Overview:
The global cationic UV-curable resins market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for cationic UV-curable resins in coatings, inks, adhesives and other applications. On the basis of type, the global cationic UV-curable resin market has been segmented into epoxy resin and vinyl ether resin. Epoxy resin is expected to account for a larger share of the market during the forecast period owing to its superior properties such as toughness, chemical resistance and high temperature stability. On the basis of application, coatings are expected to account for a larger share of the global cationic UV-curable resins market during the forecast period. This can be attributed to increasing demand from end users such as automotive OEMs and aerospace & defense sectors for coating applications requiring high performance properties.
Product Definition:
Cationic UV-curable resins are photoinitiators that cure by absorbing ultraviolet radiation. They are used in inks, coatings, and adhesives.
Epoxy resin:
Epoxy resin is a thermosetting polymer, which contains an epoxide group. Epoxies are widely used in the coating industry owing to their high heat resistance and good adhesion properties. The most important factor contributing to the growth of epoxy resins is its versatility as a coating material for various substrates such as plastics, metals, glass-ceramics and paper.
Vinyl ether resin:
Vinyl ether resins are polymeric compounds, which contain one or more oxygen groups and a vinyl group. They are also known as polyvinyl alcohol (PVA) resin. The most common types of vinyl ether resins include low-density polyethylene (LDPE), high-density polyethylene (HDPE), linear low-densitypolyethylene (LLDPE), and linear high-densitypolyethylene(LHDPE).
Application Insights:
Cationic UV-curable resins are used in a wide range of applications including coatings, adhesives, and others. The coatings segment dominated the global market accounting for over 35% of the overall revenue share in 2017. Increasing demand for architectural paints to improve building energy efficiency is expected to have a positive impact on product demand in this application type.
The ink application segment is anticipated to witness significant growth over the forecast period owing to its rising use as an imaging material across several industries such as printing & packaging and automotive & transportation among others. In addition, increasing R&D activities by major players coupled with growing usage of cationic polymers as adhesive agents is projected to drive product demand over the next eight years.
The Latin America region accounted for around 15% of total industry revenues in 2017 due largelyto increasing industrialization.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing product demand from end-use industries such as electronics, automotive, and construction. Increasing disposable income coupled with growing consumer awareness regarding sustainability is anticipated to drive the regional market further.
The Latin American regional market for cationic UV-curable resins is also likely to witness significant growth over the coming years owing to rising disposable incomes resulting in increased spending on household renovations and repairs among others. Rising investments by governments in infrastructural development are also expected favorably impact industry expansion over the next eight years or so.
Growth Factors:
- Increasing demand for UV-Curable Resins in the packaging industry for product differentiation and to meet consumer demand for lightweight, durable and sustainable packaging solutions.
- Rising demand from the graphic arts industry due to increasing popularity of digital printing technologies that require UV-Curable Resins with superior performance properties.
- Growing use of cationic UV-Curable Resins in medical device coatings due to their biocompatibility and antimicrobial properties.
- Increasing penetration of cationic UV-Curable Resins in automotive coatings as a means to improve corrosion resistance and durability of painted surfaces exposed to harsh environmental conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cationic UV-Curable Resins Market Research Report
By Type
Epoxy resin, Vinyl ether resin
By Application
Coatings, Inks, Adhesives, Others
By Companies
Allnex, Basf, Dymax Corporation, Sartomer (Arkema), IGM Resins, Allnex
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Cationic UV-Curable Resins Market Report Segments:
The global Cationic UV-Curable Resins market is segmented on the basis of:
Types
Epoxy resin, Vinyl ether resin
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
Coatings, Inks, Adhesives, Others
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:
- Allnex
- Basf
- Dymax Corporation
- Sartomer (Arkema)
- IGM Resins
- Allnex
Highlights of The Cationic UV-Curable Resins 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:
- Epoxy resin
- Vinyl ether resin
- By Application:
- Coatings
- Inks
- Adhesives
- Others
- 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 UV-Curable Resins 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
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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 UV-Curable Resins are a type of UV-curable resin that uses cations (positively charged atoms) to form strong bonds with the substrate. This makes the resin more resistant to water and other chemicals, which means it can be used in applications where those substances could damage or destroy other materials.
Some of the key players operating in the cationic uv-curable resins market are Allnex, Basf, Dymax Corporation, Sartomer (Arkema), IGM Resins, Allnex.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cationic UV-Curable Resins 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 Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size & Forecast, 2018-2028 4.5.1 Cationic UV-Curable Resins Market Size and Y-o-Y Growth 4.5.2 Cationic UV-Curable Resins Market Absolute $ Opportunity
Chapter 5 Global Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Type
5.2.1 Epoxy resin
5.2.2 Vinyl ether resin
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Applications
6.2.1 Coatings
6.2.2 Inks
6.2.3 Adhesives
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cationic UV-Curable Resins 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 Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Analysis and Forecast
9.1 Introduction
9.2 North America Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Type
9.6.1 Epoxy resin
9.6.2 Vinyl ether resin
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 Cationic UV-Curable Resins Market Size Forecast by Applications
9.10.1 Coatings
9.10.2 Inks
9.10.3 Adhesives
9.10.4 Others
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 Cationic UV-Curable Resins Analysis and Forecast
10.1 Introduction
10.2 Europe Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Type
10.6.1 Epoxy resin
10.6.2 Vinyl ether resin
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 Cationic UV-Curable Resins Market Size Forecast by Applications
10.10.1 Coatings
10.10.2 Inks
10.10.3 Adhesives
10.10.4 Others
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 Cationic UV-Curable Resins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Type
11.6.1 Epoxy resin
11.6.2 Vinyl ether resin
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 Cationic UV-Curable Resins Market Size Forecast by Applications
11.10.1 Coatings
11.10.2 Inks
11.10.3 Adhesives
11.10.4 Others
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 Cationic UV-Curable Resins Analysis and Forecast
12.1 Introduction
12.2 Latin America Cationic UV-Curable Resins 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 Cationic UV-Curable Resins Market Size Forecast by Type
12.6.1 Epoxy resin
12.6.2 Vinyl ether resin
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 Cationic UV-Curable Resins Market Size Forecast by Applications
12.10.1 Coatings
12.10.2 Inks
12.10.3 Adhesives
12.10.4 Others
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) Cationic UV-Curable Resins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cationic UV-Curable Resins 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) Cationic UV-Curable Resins Market Size Forecast by Type
13.6.1 Epoxy resin
13.6.2 Vinyl ether resin
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) Cationic UV-Curable Resins Market Size Forecast by Applications
13.10.1 Coatings
13.10.2 Inks
13.10.3 Adhesives
13.10.4 Others
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 Cationic UV-Curable Resins Market: Competitive Dashboard
14.2 Global Cationic UV-Curable Resins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allnex
14.3.2 Basf
14.3.3 Dymax Corporation
14.3.4 Sartomer (Arkema)
14.3.5 IGM Resins
14.3.6 Allnex