Market Overview:
The global UV curable resins and formulated products market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV cured coatings, printing inks, and adhesives across various industries. In addition, the growing demand for 3D printing is also contributing to the growth of this market. On the basis of type, oligomers accounted for the largest share of the global UV curable resins and formulated products market in 2017. This can be attributed to their superior properties such as high gloss finish, excellent weathering resistance, and good chemical resistance as compared to other types of resin systems.
Product Definition:
UV Curable Resins and Formulated Products are used to create products that can be cured using ultraviolet light. This type of resin is important because it allows for items to be created quickly and easily, without the need for a lot of heat. Additionally, items that are made with this type of resin tend to be more durable and resistant to damage.
Oligomers:
Oligomers are short aliphatic chains of carbon atoms. Oligomers are also known as branched or unbranched hydrocarbon molecules. They can be produced by the reaction between propylene and ethylene, which is called polyethylene (PE) oligomerization process and polypropylene (PP) oligomerization process respectively.
Monomers:
Monomers are organic compounds and their derivatives that are used in the formulation of various products such as coatings, adhesives, sealants, elastomers and plastics. Monomer is a single component molecule which can bind with other molecules to form polymers. The most common monomer used in UV curable resins and formulated products market is acrylic acid (AA) which has the chemical formula as C 3 H 7 NO 2 .
Application Insights:
The coatings application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. The growing demand for architectural, automotive, marine and industrial coatings is expected to drive product demand over the forecast period. Coatings are used in various end-use industries on a daily basis as they offer superior protection against environmental factors such as water, acid rain, snow, sleet and hail along with resistance towards heat & UV light.
The oligomers/monomers segment is anticipated to witness significant growth over the forecast period owing to increasing product usage in manufacturing oligomeric compounds that are further utilized in numerous applications including adhesives & sealants.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for UV curable resins in the manufacturing of various adhesives and coatings. The growing automotive industry in emerging economies including China, India, Thailand and Indonesia is also likely to have a positive impact on market growth over the forecast period.
North America was estimated as the second-largest regional segment followed by Europe during 2017 due to high demand for 3D printers coupled with increased spending on construction activities across these regions.
The European Commission announced Horizon 2020 Strategy aimed at promoting innovation through research.
Growth Factors:
- Increasing demand for UV curable products in the packaging and printing industries
- Growing popularity of UV cured coatings and inks in the automotive industry
- Rising demand for UV cured adhesives and sealants in various end-use applications
- Proliferation of digital printing technology that requires use of UV curable products
- Increasing awareness about benefits of using UV curable products over traditional curing methods
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Curable Resins and Formulated Products Market Research Report
By Type
Oligomers, Monomers, Photoinitiators, Additives
By Application
Coatings, Overprint varnish, Printing Inks, Adhesives, 3D Printing, Others
By Companies
Allnex Netherlands, Alberdingk Boley, BASF, DSM-AGI, Covestro
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global UV Curable Resins and Formulated Products Market Report Segments:
The global UV Curable Resins and Formulated Products market is segmented on the basis of:
Types
Oligomers, Monomers, Photoinitiators, Additives
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, Overprint varnish, Printing Inks, Adhesives, 3D Printing, 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 Netherlands
- Alberdingk Boley
- BASF
- DSM-AGI
- Covestro
Highlights of The UV Curable Resins and Formulated Products 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:
- Oligomers
- Monomers
- Photoinitiators
- Additives
- By Application:
- Coatings
- Overprint varnish
- Printing Inks
- Adhesives
- 3D Printing
- 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 UV Curable Resins and Formulated Products 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?
UV curable resins and formulated products are a type of epoxy resin that can be cured by ultraviolet (UV) light. UV curable resins are used to create products such as wood sealants, coatings, and adhesives.
Some of the key players operating in the uv curable resins and formulated products market are Allnex Netherlands, Alberdingk Boley, BASF, DSM-AGI, Covestro.
The uv curable resins and formulated products market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV Curable Resins and Formulated Products 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 UV Curable Resins and Formulated Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV Curable Resins and Formulated Products 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 UV Curable Resins and Formulated Products 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 UV Curable Resins and Formulated Products Market Size & Forecast, 2020-2028
4.5.1 UV Curable Resins and Formulated Products Market Size and Y-o-Y Growth
4.5.2 UV Curable Resins and Formulated Products 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 Oligomers
5.2.2 Monomers
5.2.3 Photoinitiators
5.2.4 Additives
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 Coatings
6.2.2 Overprint varnish
6.2.3 Printing Inks
6.2.4 Adhesives
6.2.5 3D Printing
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV Curable Resins and Formulated Products 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 UV Curable Resins and Formulated Products 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 Oligomers
9.6.2 Monomers
9.6.3 Photoinitiators
9.6.4 Additives
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 Coatings
9.10.2 Overprint varnish
9.10.3 Printing Inks
9.10.4 Adhesives
9.10.5 3D Printing
9.10.6 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 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 Oligomers
10.6.2 Monomers
10.6.3 Photoinitiators
10.6.4 Additives
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 Coatings
10.10.2 Overprint varnish
10.10.3 Printing Inks
10.10.4 Adhesives
10.10.5 3D Printing
10.10.6 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 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 Oligomers
11.6.2 Monomers
11.6.3 Photoinitiators
11.6.4 Additives
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 Coatings
11.10.2 Overprint varnish
11.10.3 Printing Inks
11.10.4 Adhesives
11.10.5 3D Printing
11.10.6 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 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 Oligomers
12.6.2 Monomers
12.6.3 Photoinitiators
12.6.4 Additives
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 Coatings
12.10.2 Overprint varnish
12.10.3 Printing Inks
12.10.4 Adhesives
12.10.5 3D Printing
12.10.6 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) 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 Oligomers
13.6.2 Monomers
13.6.3 Photoinitiators
13.6.4 Additives
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 Coatings
13.10.2 Overprint varnish
13.10.3 Printing Inks
13.10.4 Adhesives
13.10.5 3D Printing
13.10.6 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 UV Curable Resins and Formulated Products Market: Competitive Dashboard
14.2 Global UV Curable Resins and Formulated Products Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allnex Netherlands
14.3.2 Alberdingk Boley
14.3.3 BASF
14.3.4 DSM-AGI
14.3.5 Covestro
