Market Overview:
The global photosensitive resin 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 three-dimensional imaging, electronics, exquisite printing, and medical care applications. Additionally, the growing demand for advanced materials with improved performance is also contributing to the growth of this market. On the basis of type, the global photosensitive resin market can be segmented into prepolymers and monomers, pyridine salts, and onium salts. The prepolymers and monomers segment is expected to dominate this market during the forecast period owing to its high reactivity and versatility. Onium salts are also anticipated to witness significant growth during this period due their superior properties such as thermal stability and chemical resistance.
Product Definition:
Photosensitive resin is a type of material that undergoes a chemical change when exposed to light. This change can be used to create images or patterns on the surface of the material. Photosensitive resin is often used in printing and manufacturing processes, as well as in medical and dental applications.
Prepolymers And Monomers:
prepolymers and monomers are two major groups of chemicals used in the manufacturing process of resins. prepolymers are synthetic compounds, which when added to a resin system cause them to cross-link chemically. On the other hand, monomers are natural products that react with each other or with catalysts to form polymers (plastics).
Pyridine Salts:
Pyridine salts are organic compounds containing a pyridinium group. They are colorless, crystalline, and hygroscopic. The product is used in the form of an acid or alkaline earth metal salt as pigments for photosensitive resins in printing inks and paints industries.
Application Insights:
The electronics segment accounted for the largest revenue share in 2016 and is anticipated to maintain its dominance over the forecast period. The photosensitive resins used in electronic applications are capable of registering images and formulating them into circuits, which is expected to drive their demand. In addition, these products have a variety of other applications such as photovoltaic film coatings, printed circuit boards (PCB), flexible electronics packaging materials and sensors among others.
Medical care emerged as one of the fast-growing application segments owing to increasing utilization of resin-based imaging agents for medical diagnosis that require light sensitivity. Other emerging applications include three dimensional imaging, printing on plastics & elastomers (PE) using photosensitive polymers with high contrast ratio between exposed & unexposed parts along with durability under UV light exposure conditions required for photoresist development during microelectronics fabrication processes.
Regional Analysis:
North America was the largest market for the global photosensitive resin in 2016, accounting for over 35% of the total revenue share. The region is expected to maintain its dominance throughout the forecast period owing to growing demand from end-use industries such as three dimensional imaging, electronics and medical care. In North America, Mexico is anticipated to be a promising market due to increasing spending on healthcare infrastructure development coupled with rising geriatric population that requires long term care services.
Asia Pacific emerged as a lucrative destination for global photosensitive resins and this trend is expected to continue over the forecast period owing to developing end-use applications in several countries including China, India and Japan among others. Growing electronic manufacturing industry coupled with increasing use of 3D printers in architectural structures will drive product demand across Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for 3D printing technology
- Rising demand from end-use industries
- Growing popularity of resin printers
- Technological advancements in resin printing technology
- Rising awareness about the benefits of using photosensitive resin
Scope Of The Report
Report Attributes
Report Details
Report Title
Photosensitive Resin Market Research Report
By Type
Prepolymers And Monomers, Pyridine Salts, Onium Salts
By Application
Three Dimensional Imaging, Electronics, Exquisite Printing, Medical Care
By Companies
DSM, Flint Group, KIVI Markings, Mai Demei, Nitto Denko, Anderson and Freeland, Chemence, Formlabs, Photocentric, Polydiam Industries
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Photosensitive Resin Market Report Segments:
The global Photosensitive Resin market is segmented on the basis of:
Types
Prepolymers And Monomers, Pyridine Salts, Onium Salts
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
Three Dimensional Imaging, Electronics, Exquisite Printing, Medical Care
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:
- DSM
- Flint Group
- KIVI Markings
- Mai Demei
- Nitto Denko
- Anderson and Freeland
- Chemence
- Formlabs
- Photocentric
- Polydiam Industries
Highlights of The Photosensitive Resin 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:
- Prepolymers And Monomers
- Pyridine Salts
- Onium Salts
- By Application:
- Three Dimensional Imaging
- Electronics
- Exquisite Printing
- Medical Care
- 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 Photosensitive Resin 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?
Photosensitive resin is a type of resin that can be sensitized to light. When exposed to light, the resin will react and produce a visible response. This response can be anything from changing color to swelling up or even melting.
Some of the key players operating in the photosensitive resin market are DSM, Flint Group, KIVI Markings, Mai Demei, Nitto Denko, Anderson and Freeland, Chemence, Formlabs, Photocentric, Polydiam Industries.
The photosensitive resin 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 Photosensitive Resin 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 Photosensitive Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Photosensitive Resin 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 Photosensitive Resin 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 Photosensitive Resin Market Size & Forecast, 2018-2028
4.5.1 Photosensitive Resin Market Size and Y-o-Y Growth
4.5.2 Photosensitive Resin Market Absolute $ Opportunity
Chapter 5 Global Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Type
5.2.1 Prepolymers And Monomers
5.2.2 Pyridine Salts
5.2.3 Onium Salts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Applications
6.2.1 Three Dimensional Imaging
6.2.2 Electronics
6.2.3 Exquisite Printing
6.2.4 Medical Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Photosensitive Resin 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 Photosensitive Resin 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 Photosensitive Resin Analysis and Forecast
9.1 Introduction
9.2 North America Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Type
9.6.1 Prepolymers And Monomers
9.6.2 Pyridine Salts
9.6.3 Onium Salts
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 Photosensitive Resin Market Size Forecast by Applications
9.10.1 Three Dimensional Imaging
9.10.2 Electronics
9.10.3 Exquisite Printing
9.10.4 Medical Care
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 Photosensitive Resin Analysis and Forecast
10.1 Introduction
10.2 Europe Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Type
10.6.1 Prepolymers And Monomers
10.6.2 Pyridine Salts
10.6.3 Onium Salts
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 Photosensitive Resin Market Size Forecast by Applications
10.10.1 Three Dimensional Imaging
10.10.2 Electronics
10.10.3 Exquisite Printing
10.10.4 Medical Care
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 Photosensitive Resin Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Type
11.6.1 Prepolymers And Monomers
11.6.2 Pyridine Salts
11.6.3 Onium Salts
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 Photosensitive Resin Market Size Forecast by Applications
11.10.1 Three Dimensional Imaging
11.10.2 Electronics
11.10.3 Exquisite Printing
11.10.4 Medical Care
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 Photosensitive Resin Analysis and Forecast
12.1 Introduction
12.2 Latin America Photosensitive Resin 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 Photosensitive Resin Market Size Forecast by Type
12.6.1 Prepolymers And Monomers
12.6.2 Pyridine Salts
12.6.3 Onium Salts
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 Photosensitive Resin Market Size Forecast by Applications
12.10.1 Three Dimensional Imaging
12.10.2 Electronics
12.10.3 Exquisite Printing
12.10.4 Medical Care
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) Photosensitive Resin Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Photosensitive Resin 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) Photosensitive Resin Market Size Forecast by Type
13.6.1 Prepolymers And Monomers
13.6.2 Pyridine Salts
13.6.3 Onium Salts
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) Photosensitive Resin Market Size Forecast by Applications
13.10.1 Three Dimensional Imaging
13.10.2 Electronics
13.10.3 Exquisite Printing
13.10.4 Medical Care
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 Photosensitive Resin Market: Competitive Dashboard
14.2 Global Photosensitive Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DSM
14.3.2 Flint Group
14.3.3 KIVI Markings
14.3.4 Mai Demei
14.3.5 Nitto Denko
14.3.6 Anderson and Freeland
14.3.7 Chemence
14.3.8 Formlabs
14.3.9 Photocentric
14.3.10 Polydiam Industries
