Product Code: MRFR/CnM/10422-CR
Market Overview
The UV Curable Resins Market is anticipated to register a CAGR of 9.45% during the review period. UV-curable resins are as often as possible used in the car business as they offer great scratch obstruction, great bond, and substance opposition for enduring solid covering and stamping applications. UV-curable sap is comprised of monomers, oligomers, photopolymerization impetuses, and different fixings. When presented to bright light (UV light), the photoinitiator starts a substance interaction that permits it to connect free oligomers and monomers into a more muddled chain. Considering the prepolymer utilized, acrylate urethane resins have amazing film hardness, flexibility, and fix speed. In view of their unrivaled sturdiness and adaptability, they are generally utilized in strong floor coatings and as coatings for adaptable bundling. Because of the developing covering business across the globe, the interest in UV curable resins could move, which thusly could reinforce the interest in UV curable resins in the gauge period.
With the rising ecological worries, a few legislatures and end clients are progressively utilizing green and climate-cordial coatings. Purchasers are more disposed towards eco-accommodating coatings because of the developing spotlight on wellbeing, security, and natural guidelines inside the application areas of covering. Accordingly, the interest in climate-well-disposed items by clients has provoked makers to diminish the utilization of unstable natural accumulates (VOCs) in coatings and decide on dissolvable free-covering items. Waterborne tar coatings contain under 5% of the solvents and are eco-accommodating because water is utilized as a diluent to scatter gum rather than natural solvents, which are viewed as VOCs. Powder coatings are 100 percent strong coatings, which are applied as a dry powder and in this way framed into a film utilizing heat.
Market Segmentation
Based on Composition, the UV curable resins Market is segmented into monomers, oligomers, photoinitiators, and additives. Based on Chemistry the market is segmented as Epoxy acrylates, Urethane acrylates, Polyester acrylates, Amine Acrylates, and Others.
The UV curable resins Market segmentation, based on Type has been segmented as solvent-borne UV Resins, Waterborne UV Resins, Powder UV Resins, and Others. Based on the End-Use industry, the Market is segmented as Automotive and transportation, Building and construction, Electronics, Display Material, PCB, Architectural coating, Optical Fiber Coating, and Others.
Regional Analysis
The Asia-Pacific UV curable resins market holds the biggest market share and is likewise expected to represent the biggest income share during the conjecture time frame. The Asia-Pacific market held a portion of 63.5% of the global market inferable from the simple accessibility of unrefined components as well as expanding requests from the end-use enterprises, for example, auto, development, and others. Europe represented the second biggest with a market portion of xx% and esteemed at USD xx million the development is credited to the becoming auto and covering industry in the region. Likewise, rigid unofficial law in North America and Europe on the utilization of without VOC items is helping the development in the region.
Major Players
Key Companies in the UV curable resins Market include BASF SE, Arkema, Allnex GmbH, Resonac Corporation, DIC Corporation, iGM Resins, Troy Corporation, and Covestro.
TABLE OF CONTENTS
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 22
- 1.1 MARKET ATTRACTIVENESS ANALYSIS 24
- 1.1.1 UV CURABLE RESINS MARKET, BY COMPOSITION 25
- 1.1.2 UV CURABLE RESINS MARKET ANALYSIS BY CHEMISTRY 26
- 1.1.3 UV CURABLE RESINS MARKET, BY TYPE 27
- 1.1.4 UV CURABLE RESINS MARKET, BY APPLICATION 28
- 1.1.5 UV CURABLE RESINS MARKET, BY END-USE INDUSTRY 29
- 1.1.6 UV CURABLE RESINS MARKET, BY REGION 30
2 MARKET INTRODUCTION 31
- 2.1 DEFINITION 31
- 2.2 SCOPE OF THE STUDY 31
- 2.3 MARKET STRUCTURE 32
3 RESEARCH METHODOLOGY 33
- 3.1 RESEARCH PROCESS 33
- 3.2 PRIMARY RESEARCH 34
- 3.3 SECONDARY RESEARCH 35
- 3.4 MARKET SIZE ESTIMATION 35
- 3.5 TOP-DOWN AND BOTTOM-UP APPROACH 36
- 3.6 FORECAST MODEL 37
- 3.7 LIST OF ASSUMPTIONS & LIMITATIONS 38
4 MARKET DYNAMICS 39
- 4.1 INTRODUCTION 39
- 4.2 DRIVERS 40
- 4.2.1 GROWING DEMAND FOR INDUSTRIAL COATINGS 40
- 4.2.2 INCREASING FOCUS ON VOC-FREE AND GREEN MATERIALS BY VARIOUS GOVERNMENT REGULATORY
AUTHORITIES 42
- 4.3 RESTRAINTS 43
- 4.3.1 HIGH INITIAL CAPITAL COST 43
- 4.4 OPPORTUNITIES 44
- 4.4.1 INCREASING INDUSTRIALIZATION IN THE DEVELOPING COUNTRIES 44
- 4.4.2 NEW TECHNOLOGY DEVELOPMENT 45
- 4.5 TREND 46
- 4.5.1 GROWING TECHNOLOGICAL DOMINANCE & DEMAND IN ASIA-PACIFIC AND OTHER REGIONS 46
5 MARKET FACTOR ANALYSIS 48
- 5.1 SUPPLY CHAIN ANALYSIS 48
- 5.1.1 RAW MATERIAL SUPPLIERS 48
- 5.1.2 MANUFACTURERS 49
- 5.1.3 DISTRIBUTION & SALES CHANNEL 49
- 5.1.4 END USERS 49
- 5.2 PORTER'S FIVE FORCES ANALYSIS 50
- 5.2.1 THREAT OF NEW ENTRANTS 50
- 5.2.2 BARGAINING POWER OF SUPPLIERS 51
- 5.2.3 THREAT OF SUBSTITUTES 51
- 5.2.4 BARGAINING POWER OF BUYERS 51
- 5.2.5 INTENSITY OF RIVALRY 51
- 5.3 IMPACT OF COVID-19 ON THE GLOBAL UV CURABLE RESINS MARKET 51
- 5.3.1 OVERVIEW OF SUPPLY AND DEMAND SCENARIO 51
- 5.3.2 IMPACT OF COVID-19 ON END-USE INDUSTRY 52
6 GLOBAL UV CURABLE RESINS MARKET, BY COMPOSITION 53
- 6.1 OVERVIEW 53
- 6.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY COMPOSITION, 2019-2030 54
- 6.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY COMPOSITION, 2019-2030 55
- 6.2 MONOMERS 55
- 6.2.1 MONOMERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 55
- 6.2.2 MONOMERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 56
- 6.3 OLIGOMERS 57
- 6.3.1 OLIGOMERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 57
- 6.3.2 OLIGOMERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 58
- 6.4 PHOTO INITIATORS 59
- 6.4.1 PHOTO INITIATORS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 59
- 6.4.2 PHOTO INITIATORS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 60
- 6.5 ADDITIVES 61
- 6.5.1 ADDITIVES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 61
- 6.5.2 ADDITIVES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 62
7 GLOBAL UV CURABLE RESINS MARKET, BY CHEMISTRY 63
- 7.1 OVERVIEW 63
- 7.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY CHEMISTRY, 2019-2030 64
- 7.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY CHEMISTRY, 2019-2030 65
- 7.2 EPOXY ACRYLATES 65
- 7.2.1 EPOXY ACRYLATES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 65
- 7.3 URETHANE ACRYLATES 66
- 7.3.1 URETHANE ACRYLATES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 66
- 7.4 POLYESTER ACRYLATES 67
- 7.4.1 POLYESTER ACRYLATES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 67
- 7.5 AMINE ACRYLATES 68
- 7.5.1 AMINE ACRYLATES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 68
- 7.6 OTHERS 69
- 7.6.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 69
8 GLOBAL UV CURABLE RESINS MARKET, BY TYPE 71
- 8.1 OVERVIEW 71
- 8.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030 72
- 8.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY TYPE, 2019-2030 73
- 8.2 SOLVENT BORNE UV RESINS 73
- 8.2.1 SOLVENT BORNE UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 73
- 8.3 WATERBORNE UV RESINS 74
- 8.3.1 WATERBORNE UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 74
- 8.4 POWDER UV RESINS 75
- 8.4.1 POWDER UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 75
- 8.5 OTHERS 76
- 8.5.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 76
9 GLOBAL UV CURABLE RESINS MARKET, BY APPLICATION 78
- 9.1 OVERVIEW 78
- 9.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030 79
- 9.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION, 2019-2030 80
- 9.2 COATINGS 81
- 9.2.1 COATINGS UV RESINS MARKET: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 81
- 9.3 OVERPRINT VARNISH 82
- 9.3.1 OVERPRINT VARNISH UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 82
- 9.4 PRINTING INK 83
- 9.4.1 PRINTING INK UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 83
- 9.5 ADHESIVES 84
- 9.5.1 ADHESIVES: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 84
- 9.6 CURED-IN-PLACE-PIPE (CIPP) 85
- 9.6.1 CURED-IN-PLACE-PIPE (CIPP): MARKET ESTIMATES & FORECAST BY REGION,2019-2030 85
- 9.7 3D PRINTING 86
- 9.7.1 3D PRINTING: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 86
- 9.8 OTHERS 87
- 9.8.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 87
10 GLOBAL UV CURABLE RESINS MARKET, BY END-USE INDUSTRY 89
- 10.1 OVERVIEW 89
- 10.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2019-2030 90
- 10.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY END-USE INDUSTRY, 2019-2030 91
- 10.2 AUTOMOTIVE & TRANSPORATION 92
- 10.2.1 AUTOMOTIVE & TRANSPORATION UV RESINS MARKET: MARKET ESTIMATES & FORECAST BY REGION,
2019-2030 92
- 10.3 BUILDING & CONSTRUCTION 94
- 10.3.1 BUILDING & CONSTRUCTION: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 94
- 10.4 ARCHITECTURAL COATING 95
- 10.4.1 ARCHITECTURAL COATINGS UV RESINS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 95
- 10.5 ELECTRONICS 96
- 10.5.1 ELECTRONICS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 96
- 10.6 OTHERS 97
- 10.6.1 OTHERS: MARKET ESTIMATES & FORECAST BY REGION,2019-2030 97
11 GLOBAL UV CURABLE RESINS MARKET, BY APPLICATION & TYPE 99
- 11.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION & TYPE, 2019-2030 99
- 11.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION & TYPE, 2019-2030 100
12 GLOBAL UV CURABLE RESINS MARKET, BY APPLICATION & CHEMISTRY 102
- 12.1.1 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION & CHEMISTRY, 2019-2030 102
- 12.1.2 UV CURABLE RESINS: MARKET ESTIMATES & FORECAST BY APPLICATION & CHEMISTRY, 2019-2030 104
13 GLOBAL UV CURABLE RESINS MARKET, BY REGION 106
- 13.1 OVERVIEW 106
- 13.2 NORTH AMERICA 108
- 13.2.1 US 115
- 13.2.2 CANADA 121
- 13.3 EUROPE 127
- 13.3.1 GERMANY 134
- 13.3.2 UK 139
- 13.3.3 FRANCE 145
- 13.3.4 SPAIN 150
- 13.3.5 ITALY 156
- 13.3.6 RUSSIA 161
- 13.3.7 REST OF EUROPE 167
- 13.4 ASIA-PACIFIC 172
- 13.4.1 CHINA 178
- 13.4.2 JAPAN 184
- 13.4.3 INDIA 189
- 13.4.4 SOUTH KOREA 195
- 13.4.5 REST OF ASIA PACIFIC 200
- 13.5 LATIN AMERICA 206
- 13.5.1 BRAZIL 213
- 13.5.2 MEXICO 218
- 13.5.3 ARGENTINA 224
- 13.5.4 REST OF LATIN AMERICA 229
- 13.6 MIDDLE EAST & AFRICA 235
- 13.6.1 GCC COUNTRIES 239
- 13.6.2 SOUTH AFRICA 241
- 13.6.3 REST OF MIDDLE EAST & AFRICA 247
14 COMPETITIVE LANDSCAPE 253
- 14.1 COMPETITIVE ANALYSIS 253
- 14.2 RECENT DEVELOPMENTS, MERGERS/ACQUISITIONS 254
- 14.3 MARKET STRATEGY ANALYSIS 254
- 14.4 COMPETITIVE BENCHMARKING 255
15 COMPANY PROFILES 256
- 15.1 BASF SE 256
- 15.1.1 COMPANY OVERVIEW 256
- 15.1.2 FINANCIAL OVERVIEW 257
- 15.1.3 PRODUCTS OFFERED 258
- 15.1.4 KEY DEVELOPMENTS 258
- 15.1.5 SWOT ANALYSIS 259
- 15.1.6 KEY STRATEGIES 259
- 15.2 DIC CORPORATION 260
- 15.2.1 COMPANY OVERVIEW 260
- 15.2.2 FINANCIAL OVERVIEW 260
- 15.2.3 PRODUCT OFFERINGS 261
- 15.2.4 KEY DEVELOPMENTS 262
- 15.2.5 SWOT ANALYSIS 262
- 15.2.6 KEY STRATEGIES 262
- 15.3 ARKEMA 263
- 15.3.1 COMPANY OVERVIEW 263
- 15.3.2 FINANCIAL OVERVIEW 264
- 15.3.3 PRODUCT OFFERED 265
- 15.3.4 KEY DEVELOPMENTS 265
- 15.3.5 SWOT ANALYSIS 266
- 15.3.6 KEY STRATEGIES 266
- 15.4 ALLNEX GMBH 267
- 15.4.1 COMPANY OVERVIEW 267
- 15.4.2 FINANCIAL OVERVIEW 267
- 15.4.3 PRODUCTS OFFERED 267
- 15.4.4 KEY DEVELOPMENTS 268
- 15.4.5 SWOT ANALYSIS 268
- 15.4.6 KEY STRATEGIES 268
- 15.5 RESONAC CORPORATION 269
- 15.5.1 COMPANY OVERVIEW 269
- 15.5.2 FINANCIAL OVERVIEW 269
- 15.5.3 PRODUCTS OFFERED 270
- 15.5.4 KEY DEVELOPMENTS 270
- 15.5.5 SWOT ANALYSIS 270
- 15.5.6 KEY STRATEGIES 270
- 15.6 IGM RESINS 271
- 15.6.1 COMPANY OVERVIEW 271
- 15.6.2 FINANCIAL OVERVIEW 271
- 15.6.3 PRODUCTS OFFERED 271
- 15.6.4 KEY DEVELOPMENTS 272
- 15.6.5 SWOT ANALYSIS 273
- 15.6.6 KEY STRATEGIES 273
- 15.7 COVESTRO 274
- 15.7.1 COMPANY OVERVIEW 274
- 15.7.2 FINANCIAL OVERVIEW 274
- 15.7.3 PRODUCTS OFFERED 275
- 15.7.4 KEY DEVELOPMENTS 275
- 15.7.5 SWOT ANALYSIS 275
- 15.7.6 KEY STRATEGIES 275
- 15.8 TROY CORPORATION 276
- 15.8.1 COMPANY OVERVIEW 276
- 15.8.2 FINANCIAL OVERVIEW 276
- 15.8.3 PRODUCTS OFFERED 276
- 15.8.4 KEY DEVELOPMENTS 276
- 15.8.5 SWOT ANALYSIS 277
- 15.8.6 KEY STRATEGIES 277
16 APPENDIX 278
- 16.1 REFERENCES 278
- 16.2 RELATED REPORTS 279