Market Overview:
The global ultraviolet-curing 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 ultraviolet-curing resins in various applications, such as crystal photo frames, mounting boards, polaroid boards, and furniture. In addition, the growing demand for UV-curable inks and coatings is also contributing to the growth of this market. Based on type, radiation curing accounted for a major share of the global ultraviolet-curing resin market in 2017. This segment is projected to grow at a CAGR of 5.8% from 2018 to 2030 due to its advantages over cation curing such as high speed and low energy consumption.
Product Definition:
Ultraviolet-curing resin is a type of resin that can be cured using ultraviolet light. This type of resin is important because it can be used to create products that are both strong and durable.
Radiation Curing:
Radiation curing is a process of converting liquid resin into solid material. It involves high-intensity ultraviolet (UV) light or electron beam energy to trigger chemical reactions in the resin. The reaction produces hard and durable products that have higher tensile strength, flexural modulus, and thermal stability as compared to other thermoplastics available in the market.
Cation Curing:
Cation curing is a method of polymerization in which the reactants are cations and anion or radical. The resin is cross-linked by the addition of high molecular weight polyethylene or polypropylene oxide, also known as catalyst. Ultraviolet (UV) light source used for this process has two wavelengths; UV-A with a wavelength of 240 -280 nm and UV-B with a wavelength of 280 -320 nm.
Application Insights:
The crystal photo frame application segment led the global ultraviolet-curing resin market in 2017. Ultraviolet curing resins are used to manufacture crystal clear photos and videos by eliminating yellowish cast. Mounting boards, polaroid boards, and furniture are other major applications of the product. The mounting board segment is anticipated to witness significant growth over the forecast period owing to its increasing use in various industries such as education, retail, architecture, automotive & transportation among others.
Furniture was another prominent application that accounted for a share of 15% in 2017 due to its ability to withstand extreme temperatures without any damage or change in coloration caused by UV rays. This property makes it suitable for outdoor furniture where durability is required along with beauty and clarity provided by UV cure process on wood products making them stain resistant too thereby enhancing their appearance from both aesthetic as well functional points of view.
Regional Analysis:
North America UV-curing resin market is expected to grow at a significant rate over the forecast period. The growth of this region can be attributed to increasing demand for electronic products, such as mobile phones and laptops, which require high-quality pictures frame made from wood or acrylic glass. In addition, growing use of these products in medical sector for producing medical masks and surgical gloves is also anticipated to drive the regional market growth.
Asia Pacific emerged as a prominent consumer of global ultraviolet curing resins in 2016 owing to rapid industrialization along with rising disposable income especially in developing countries such as China and India. Growing production facilities along with increasing research & development activities are projecteded driving industry expansion over the next eight years thus fueling overall revenue generation within this region.
Growth Factors:
- Increasing demand for ultraviolet-curing resin in the medical and dental industries due to its superior performance over traditional curing methods.
- Growing popularity of 3D printing and additive manufacturing, which require UV-curing resins for producing high quality products.
- Rising demand from Asia Pacific region due to the growing economies and increasing consumer spending on advanced technologies.
- Technological advancements that have led to the development of new and improved UV-curing resins, making them more efficient and affordable than ever before.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultraviolet-Curing Resin Market Research Report
By Type
Radiation Curing, Cation Curing
By Application
Crystal Photo Frame, Mounting Board, Polaroid Board, Furniture
By Companies
ThreeBond, Acryl Giessen, TOAGOSEI, Solarez UV Resins, DSM, Sigma-Aldrich, Heraeus, ABchimie, Jiangmen Hengguang New Material Co., Ltd.
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Ultraviolet-Curing Resin Market Report Segments:
The global Ultraviolet-Curing Resin market is segmented on the basis of:
Types
Radiation Curing, Cation Curing
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
Crystal Photo Frame, Mounting Board, Polaroid Board, Furniture
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:
- ThreeBond
- Acryl Giessen
- TOAGOSEI
- Solarez UV Resins
- DSM
- Sigma-Aldrich
- Heraeus
- ABchimie
- Jiangmen Hengguang New Material Co., Ltd.
Highlights of The Ultraviolet-Curing 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:
- Radiation Curing
- Cation Curing
- By Application:
- Crystal Photo Frame
- Mounting Board
- Polaroid Board
- Furniture
- 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 Ultraviolet-Curing 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?
Ultraviolet-curing resin is a type of epoxy resin that cures when exposed to ultraviolet light. This type of resin is used in a variety of applications, including 3D printing and manufacturing.
Some of the major players in the ultraviolet-curing resin market are ThreeBond, Acryl Giessen, TOAGOSEI, Solarez UV Resins, DSM, Sigma-Aldrich, Heraeus, ABchimie, Jiangmen Hengguang New Material Co., Ltd..
The ultraviolet-curing resin market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ultraviolet-Curing 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 Ultraviolet-Curing Resin Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ultraviolet-Curing 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 Ultraviolet-Curing 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 Ultraviolet-Curing Resin Market Size & Forecast, 2020-2028
4.5.1 Ultraviolet-Curing Resin Market Size and Y-o-Y Growth
4.5.2 Ultraviolet-Curing Resin Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Radiation Curing
5.2.2 Cation Curing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Crystal Photo Frame
6.2.2 Mounting Board
6.2.3 Polaroid Board
6.2.4 Furniture
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ultraviolet-Curing 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 Ultraviolet-Curing 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Radiation Curing
9.6.2 Cation Curing
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 Market Size Forecast by Applications
9.10.1 Crystal Photo Frame
9.10.2 Mounting Board
9.10.3 Polaroid Board
9.10.4 Furniture
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Radiation Curing
10.6.2 Cation Curing
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 Market Size Forecast by Applications
10.10.1 Crystal Photo Frame
10.10.2 Mounting Board
10.10.3 Polaroid Board
10.10.4 Furniture
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Radiation Curing
11.6.2 Cation Curing
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 Market Size Forecast by Applications
11.10.1 Crystal Photo Frame
11.10.2 Mounting Board
11.10.3 Polaroid Board
11.10.4 Furniture
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Radiation Curing
12.6.2 Cation Curing
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 Market Size Forecast by Applications
12.10.1 Crystal Photo Frame
12.10.2 Mounting Board
12.10.3 Polaroid Board
12.10.4 Furniture
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Radiation Curing
13.6.2 Cation Curing
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) Market Size Forecast by Applications
13.10.1 Crystal Photo Frame
13.10.2 Mounting Board
13.10.3 Polaroid Board
13.10.4 Furniture
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 Ultraviolet-Curing Resin Market: Competitive Dashboard
14.2 Global Ultraviolet-Curing Resin Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ThreeBond
14.3.2 Acryl Giessen
14.3.3 TOAGOSEI
14.3.4 Solarez UV Resins
14.3.5 DSM
14.3.6 Sigma-Aldrich
14.3.7 Heraeus
14.3.8 ABchimie
14.3.9 Jiangmen Hengguang New Material Co., Ltd.
