Market Overview:
The global methyl-2-benzoylbenzoate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV curing ink, coating, and other applications across the globe. In terms of volume, the global methyl-2-benzoylbenzoate market is projected to reach 1,362 kilotons by 2030. Based on type, the global methyl-2-benzoylbenzoate market can be segmented into industrial grade and pharmaceutical grade. The industrial grade segment is expected to account for a larger share of the global methyl-2 benzoyl benzoate market in terms of volume during the forecast period from 2018 to 2030. This can be attributed to its growing use in UV curing ink and coating applications across various industries such as automotive, aerospace & defense, electronics & semiconductors, and others. Based on application, the global methyl 2 benzoyle benzoate (MBB)market can be divided into UV curing ink,,coating,,and other applications,.
 Industry Outlook.svg)
Product Definition:
Methyl-2-Benzoylbenzoate (Photoinitiator MBB) is a photoinitiator used in UV curing. It is a white solid that can be dissolved in organic solvents.
Industrial Grade:
Industrial grade is a product that has passed through several quality checks and meets all the industry standards. It is used in industries such as plastics, paints & coatings, printing inks, adhesives & sealants and rubber processing. Industrial grade MBB has applications across these industries owing to its unique properties such as high viscosity for easier application on large surfaces along with enhanced color stability under extreme conditions of temperature and pressure.
Pharmaceutical Grade:
Pharmaceutical grade is a product that has passed through several quality checks and meets all the international standards. It is used in manufacturing methyl-2-benzoylbenzoate (MBB). MBB is an organic compound, which can be synthesized by reacting benzoyl chloride with 2-bromoethylene. MBB finds application as a photosensitizer in photodynamic therapy orPDT for cancer treatment.
Application Insights:
The global methyl-2-benzoylbenzoate market is segmented based on application into UV curing inks, coatings, and others. The other applications include adhesives and binders. The coatings segment dominated the global market with a share of over 40% in 2017 owing to its rising demand from various industries including automotive, construction, and packaging. Methyl-2-benzoylbenzoate is used as an additive for increasing the life of a coating during exposure to sunlight or other sources that generate heat. It also helps prevent corrosion when exposed to moisture or oxygen in air which leads to increased shelf life of products coated with MBB photoinitiator system.
UV curable ink was estimated as the second largest application due largely to its rising use across all major markets such as Europe, North America, Asia Pacific etc.
Regional Analysis:
Asia Pacific was the largest market for global methyl-2-benzoylbenzoate (MBB) market and accounted for a revenue share of over 45% in 2017. The region is expected to continue its dominance over the forecast period as well due to growing pharmaceutical, industrial machinery, and construction industries in emerging economies such as China, India, Indonesia, Malaysia Philippines. In addition to this increasing demand from end-use industries is also boosting product sales from coating application segment owing to rising demand for paints & coatings that are corrosion resistant and weatherproof.
The presence of major raw material suppliers including Nippon Paint Holdings Co., Ltd.; BASF SE; PPG Industries Inc.; Sherwin-Williams Company; AkzoNobel Group; Valspar Corporation has resulted in high availability of photoinitiator across Asia Pacific region which is further anticipated to fuel industry growth during the estimated period.
Growth Factors:
- Increasing demand for UV curable inks and coatings
- Growing popularity of LED-based lighting systems
- Rising demand for advanced adhesives and sealants
- Proliferation of digital printing technologies
- Increasing application scope in medical devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Research Report
By Type
Industrial Grade, Pharmaceutical Grade
By Application
UV Curing Ink, Coating, Other
By Companies
Lambson, Dalian Richifortune Chemicals, RAHN, Tianjin Jiuri Materials, Yourong Chemical, Hangzhou Garden Corporation
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Report Segments:
The global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) market is segmented on the basis of:
Types
Industrial Grade, Pharmaceutical Grade
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 Ink, Coating, Other
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:
- Lambson
- Dalian Richifortune Chemicals
- RAHN
- Tianjin Jiuri Materials
- Yourong Chemical
- Hangzhou Garden Corporation
 Market Overview.svg)
Highlights of The Methyl-2-Benzoylbenzoate(Photoinitiator MBB) 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:
- Industrial Grade
- Pharmaceutical Grade
- By Application:
- UV Curing Ink
- Coating
- Other
- 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 Methyl-2-Benzoylbenzoate(Photoinitiator MBB) 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
 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?
Methyl-2-Benzoylbenzoate is a photoinitiator that helps to initiate the polymerization of monomers. It is often used in photographic products to help speed up the process of developing images.
Some of the key players operating in the methyl-2-benzoylbenzoate(photoinitiator mbb) market are Lambson, Dalian Richifortune Chemicals, RAHN, Tianjin Jiuri Materials, Yourong Chemical, Hangzhou Garden Corporation.
The methyl-2-benzoylbenzoate(photoinitiator mbb) market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market - Supply Chain
4.5. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Forecast
4.5.1. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Absolute $ Opportunity
5. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
5.3.1. Industrial Grade
5.3.2. Pharmaceutical Grade
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
6.3.1. UV Curing Ink
6.3.2. Coating
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share Forecast, 2019-2026
9. North America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
9.4.1. UV Curing Ink
9.4.2. Coating
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
9.7.1. Industrial Grade
9.7.2. Pharmaceutical Grade
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share Forecast, 2019-2026
10. Latin America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
10.4.1. UV Curing Ink
10.4.2. Coating
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
10.7.1. Industrial Grade
10.7.2. Pharmaceutical Grade
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share Forecast, 2019-2026
11. Europe Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
11.4.1. UV Curing Ink
11.4.2. Coating
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
11.7.1. Industrial Grade
11.7.2. Pharmaceutical Grade
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share, 2019-2026
12. Asia Pacific Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
12.4.1. UV Curing Ink
12.4.2. Coating
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
12.7.1. Industrial Grade
12.7.2. Pharmaceutical Grade
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share, 2019-2026
13. Middle East & Africa Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Application
13.4.1. UV Curing Ink
13.4.2. Coating
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market Size and Volume Forecast by Type
13.7.1. Industrial Grade
13.7.2. Pharmaceutical Grade
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market: Market Share Analysis
14.2. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Distributors and Customers
14.3. Methyl-2-Benzoylbenzoate(Photoinitiator MBB) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lambson
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Dalian Richifortune Chemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. RAHN
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tianjin Jiuri Materials
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Yourong Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hangzhou Garden Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
