Market Overview:
The global ultraviolet (UV) curable resins 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-curable resins in wood coatings, graphics art, industrial, and automotive applications. In terms of volume, the monomers segment is projected to lead the global UV-curable resin market during the forecast period. However, in terms of value, the oligomers segment is projected to grow at a higher rate than other segments during the forecast period.
 Curable Resins Industry Outlook.svg)
Product Definition:
Ultraviolet (UV) Curable Resins are a type of resin that can be cured or hardened using ultraviolet light. This type of resin is often used in adhesives, coatings, and inks. The importance of Ultraviolet (UV) Curable Resins lies in their ability to cure quickly and form strong bonds. They are also resistant to water and other solvents, making them ideal for use in a variety of applications.
Monomers:
Monomers are organic compounds and their derivatives that remain unchanged by chemical reactions. They are colorless, odorless, tasteless, and volatile in nature. Monomers can be classified as synthetic or natural based on the source of the raw materials used for production. Natural monomers include formaldehyde (H2O) derived from water; while synthetic monomers comprise of polymers such as styrene (CH3SH) & acrylonitrile (SNR).
Oligomers:
Oligomers are short-chain, highly branched hydrocarbons. They are produced by the polymerization of ethylene and propylene. Oligomers have a lower molecular weight compared to polymers but higher than molecules such as acetates, nitrates and alcohols.
Application Insights:
Wood coatings application segment led the global market and accounted for more than 35.0% share of the total revenue in 2017. Wood coatings are used in residential, commercial, and industrial applications on exposed wood substrates to protect against environmental agents such as water, moisture, UV rays & abrasion. The product is also used as a component in several other applications including marine coating & varnishes and architectural projects where durability is required along with aesthetic appeal.
The growing construction industry across the globe has resulted in an increased demand for wood-based panels that are easy to work with compared to conventional stone or concrete alternatives which have been witnessing a rise in demand due to rising consumer preference towards eco-friendly building materials that exhibit less toxic emissions during production process compared to their counterparts made from traditional organic sources such as stones or concrete products.
Regional Analysis:
North America Ultraviolet (UV) curable resins market is expected to witness significant growth over the forecast period. This can be attributed to increasing demand for UV-cured coatings from various end-use industries, such as automotive, construction, and industrial machinery. The region is home to several major manufacturers of wood coatings and other related products. Increasing production of these products in North America on account of growing demand from the aforementioned end-use industries will augment market growth in this region during the forecast period.
The Asia Pacific emerged as a prominent consumer of ultraviolet curable resin products owing to rapid industrialization coupled with rising disposable income levels among consumers in emerging economies such as China.
Growth Factors:
- Increasing demand for UV curable resins from the electronics and automotive industries due to their superior properties such as high thermal resistance, chemical resistance, and low shrinkage.
- Growing demand for UV-curable inks and coatings in the packaging industry due to their ability to provide scratch-and-wear resistance, gloss retention, and color stability.
- Rising popularity of LED curing systems that offer faster cure times as compared to traditional mercury vapor lamps systems.
- Proliferation of digital printing technologies that are driving the need for fast-curing UV inkjet inks.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ultraviolet (UV) Curable Resins Market Research Report
By Type
Monomers, Oligomers, Photoinitiator
By Application
Wood Coatings, Graphics Art, Industrial, Automotive
By Companies
Allnex, Alberdingk Boley, BASF, Covestro, Nippon Synthetic Chemical, Wanhua Chemical, Miwon Specialty Chemical, Hitachi Chemical, IGM Resins, Eternal Materials, Toagosei, Sartomer, DSM, SolTech
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Ultraviolet (UV) Curable Resins Market Report Segments:
The global Ultraviolet (UV) Curable Resins market is segmented on the basis of:
Types
Monomers, Oligomers, Photoinitiator
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
Wood Coatings, Graphics Art, Industrial, Automotive
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
- Alberdingk Boley
- BASF
- Covestro
- Nippon Synthetic Chemical
- Wanhua Chemical
- Miwon Specialty Chemical
- Hitachi Chemical
- IGM Resins
- Eternal Materials
- Toagosei
- Sartomer
- DSM
- SolTech
 Curable Resins Market Overview.svg)
Highlights of The Ultraviolet (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:
- Monomers
- Oligomers
- Photoinitiator
- By Application:
- Wood Coatings
- Graphics Art
- Industrial
- Automotive
- 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 (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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Curable Resins 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?
Ultraviolet (UV) curable resins are a type of resin that can be cured by exposure to ultraviolet light. This type of resin is often used in the manufacturing of products that need to be protected from UV radiation, such as sunglasses and sunscreen.
Some of the major companies in the ultraviolet (uv) curable resins market are Allnex, Alberdingk Boley, BASF, Covestro, Nippon Synthetic Chemical, Wanhua Chemical, Miwon Specialty Chemical, Hitachi Chemical, IGM Resins, Eternal Materials, Toagosei, Sartomer, DSM, SolTech.
The ultraviolet (uv) curable resins market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ultraviolet (UV) Curable Resins 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. Ultraviolet (UV) Curable Resins Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ultraviolet (UV) Curable Resins Market - Supply Chain
4.5. Global Ultraviolet (UV) Curable Resins Market Forecast
4.5.1. Ultraviolet (UV) Curable Resins Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ultraviolet (UV) Curable Resins Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ultraviolet (UV) Curable Resins Market Absolute $ Opportunity
5. Global Ultraviolet (UV) Curable Resins 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. Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
5.3.1. Monomers
5.3.2. Oligomers
5.3.3. Photoinitiator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ultraviolet (UV) Curable Resins 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. Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
6.3.1. Wood Coatings
6.3.2. Graphics Art
6.3.3. Industrial
6.3.4. Automotive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ultraviolet (UV) Curable Resins 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. Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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. Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Demand Share Forecast, 2019-2026
9. North America Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
9.4.1. Wood Coatings
9.4.2. Graphics Art
9.4.3. Industrial
9.4.4. Automotive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
9.7.1. Monomers
9.7.2. Oligomers
9.7.3. Photoinitiator
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 Ultraviolet (UV) Curable Resins Demand Share Forecast, 2019-2026
10. Latin America Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
10.4.1. Wood Coatings
10.4.2. Graphics Art
10.4.3. Industrial
10.4.4. Automotive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
10.7.1. Monomers
10.7.2. Oligomers
10.7.3. Photoinitiator
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 Ultraviolet (UV) Curable Resins Demand Share Forecast, 2019-2026
11. Europe Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
11.4.1. Wood Coatings
11.4.2. Graphics Art
11.4.3. Industrial
11.4.4. Automotive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
11.7.1. Monomers
11.7.2. Oligomers
1.7.3. Photoinitiator
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 Ultraviolet (UV) Curable Resins Demand Share, 2019-2026
12. Asia Pacific Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
12.4.1. Wood Coatings
12.4.2. Graphics Art
12.4.3. Industrial
12.4.4. Automotive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
12.7.1. Monomers
12.7.2. Oligomers
12.7.3. Photoinitiator
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 Ultraviolet (UV) Curable Resins Demand Share, 2019-2026
13. Middle East & Africa Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins 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 Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Application
13.4.1. Wood Coatings
13.4.2. Graphics Art
13.4.3. Industrial
13.4.4. Automotive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ultraviolet (UV) Curable Resins Market Size and Volume Forecast by Type
13.7.1. Monomers
13.7.2. Oligomers
13.7.3. Photoinitiator
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 Ultraviolet (UV) Curable Resins Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ultraviolet (UV) Curable Resins Market: Market Share Analysis
14.2. Ultraviolet (UV) Curable Resins Distributors and Customers
14.3. Ultraviolet (UV) Curable Resins Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Allnex
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alberdingk Boley
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BASF
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Covestro
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nippon Synthetic 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. Wanhua Chemical
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Miwon Specialty Chemical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitachi Chemical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. IGM Resins
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Eternal Materials
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Toagosei
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Sartomer
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. DSM
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SolTech
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
