According to a new market research report published by Global Insight Services “UV Curable Resins and Formulated Products Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
UV curable resins and formulated products are a type of coating or adhesive that is cured or set using ultraviolet light. UV curable products are typically used in industrial and commercial applications where a high-quality, durable finish is required. UV curable products have a number of advantages over traditional solvent-based coatings, adhesives, and inks. UV curable products typically have a shorter cure time, are more environmentally friendly, and have better physical and chemical properties.
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Key Players
The Key Players in the UV Curable Resins and Formulated Products market are Arkema Group, Royal DSM , Nippon Gohsei , Covestro AG , IGM Resins B.V., Hitachi Chemical Company Ltd., Toagosei Co. Ltd , Miwon Specialty Chem Co. Limited , Double Bond Chemical Ind. Co. Ltd and Jiangsu Sanmu Group Corporation.
Key Trends
The key trends in UV curable resins and formulated products technology are the development of new resins and formulations that offer improved performance and durability, as well as the development of new curing technologies that offer improved efficiency and throughput. In terms of new resins and formulations, the focus has been on developing resins that offer improved resistance to UV degradation and improved adhesion to substrates. In terms of new curing technologies, the focus has been on developing technologies that offer improved efficiency and throughput, such as high-pressure UV curing and flash curing.
Key Drivers
The key drivers of UV Curable Resins and Formulated Products market are the increasing demand for UV Curable Resins and Formulated Products from the end-use industries, such as automotive, electronics, and packaging. The other drivers include the growing awareness about the environmental benefits of UV Curable Resins and Formulated Products and the government regulations and policies favoring the use of UV Curable Resins and Formulated Products.
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Market Segmentation
The UV Curable Resins and Formulated Products market is segmented into type, chemistry, application and region. By type, the market is segmented into oligomers, monomers, photoinitiators and additives. By chemistry, the market is classified into non-acrylated oligoamines and acrylate oligomers. By application, the market is divided into solvent borne UV resins, 100% solid UV resins, waterborne UV resins and powder UV resins. By region the market is segmented into North America, Europe, Asia-Pacific and rest of the world.
Reasons to buy UV Curable Resins and Formulated Products Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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