The global UV curable resin market was valued at $4,745.6 million in 2018 and is estimated to reach $9,769.7 million by 2026, growing at a CAGR of 9.4% from 2019 to 2026. Resins that are polymerized and cured by the energy radiated from ultraviolet irradiation devices are referred as UV curable resins. These resins majorly find their application in coatings, graphic arts, adhesives, and other related industries.
The growth of the global UV-curable resins market is majorly driven by surge in demand for UV-curable resins in applications such as adhesives, coating, and packaging. In addition, the development of new photo initiators for UV curing technology enables to produce more effective curable resins, thereby boosting the market growth. Furthermore, increase in popularity of eco-friendly curable products is expected to boost the growth of the market in the near future. However, limited light penetration depth is expected to restrict the market growth. Conversely, advancements in coatings and development of the 3D printing industry are anticipated to offer remunerative opportunities to the market expansion.
The UV curable resin market is segmented based on resin type, application, and region. Depending on resin type, the global market is fragmented into acrylated epoxies acrylated polyesters, acrylated urethanes, acrylated silicones, and others. By application, it is categorized into coating, packaging, printing, adhesives & sealants, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the global UV curable resin market include Hitachi Chemical, BASF SE, DSM-AGI, Jiangsu Litian Technology, Allnex Belgium S.A., Sartomer, IGM, Eternal Materials, Dymax, Miwon Specialty Chemical, and Jiangsu Sanmu Group.
KEY BENEFITS FOR STAKEHOLDERS
• Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the UV curable resin industry for strategy building.
• It outlines the current trends and future scenario of the market size from 2019 to 2026 to understand the prevailing opportunities and potential investment pockets.
• Major countries in the region have been mapped according to their individual revenue contribution in the market size.
• The key drivers, restraints, and opportunities and their detailed impact analyses are elucidated in the study.
• The profiles of key players along with their key strategic developments are enlisted in the market analysis.
KEY MARKET SEGMENTS
By Resin Type
• Acrylated Epoxies
• Acrylated Polyesters
• Acrylated Urethanes
• Acrylated Silicones
• Others
By Application
• Coating
• Packaging
• Printing
• Adhesives & Sealants
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
• LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits For Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools And Models
Chapter 2: Executive Summary
2.1. Key Findings
2.1.1. Top Investment Pockets
2.2. Cxo Perspective
Chapter 3: Market Overview
3.1. Market Definition And Scope
3.2. Parent/Peer Market Overview
3.3. Key Forces Shaping Uv Curable Resin Market
3.3.1. High Bargaining Power of Suppliers
3.3.2. Moderate Threat of New Entrants
3.3.3. Moderate Threat of Substitutes
3.3.4. Moderate Intensity of Rivalry
3.3.5. Low-To-Moderate Bargaining Power of Buyers
3.4. Pricing Analysis
3.4.1. Pricing Analysis of Uv Curable Resin Market, By Region, 2017 To 2025
3.4.2. Pricing Analysis of Uv Curable Resin Market, By Resin-Type, 2017 To 2025
3.4.3. Pricing Analysis of Uv Curable Resin Market, By Application, 2017 To 2025
3.5. Market Evolution/ Industry Roadmap
3.6. Value Chain Analysis
3.7. Impact of Government Regulations On Global Uv Curable Resin Market
3.8. Patent Analysis
3.8.1. By Region (2012-2017)
3.9. Case Studies
3.9.1. Case Study 01
3.9.2. Case Study 02
3.10. Market Dynamics
3.10.1. Drivers
3.10.1.1. Demand For Green & Environment-Friendly Paint And Coating
3.10.1.2. Increase In The Demand For Architectural Coatings
3.10.2. Restraints
3.10.2.1. Fluctuating Raw Material Prices
3.10.2.2. Limited Light Penetration Depth
3.10.3. Opportunities
3.10.3.1. Stringent Regulations Towards Green Initiatives
Chapter 4: Uv Curable Resin Market, By Product
4.1. Overview
4.2. Acrylated Epoxies
4.2.1. Key Market Trends, Growth Factors And Opportunities
4.2.2. Market Size And Forecast, By Region
4.2.3. Market Analysis By Country
4.3. Acrylated Polyesters
4.3.1. Key Market Trends, Growth Factors And Opportunities
4.3.2. Market Size And Forecast, By Region
4.3.3. Market Analysis By Country
4.4. Acrylated Urethanes
4.4.1. Key Market Trends, Growth Factors And Opportunities
4.4.2. Market Size And Forecast, By Region
4.4.3. Market Analysis By Country
4.5. Acrylated Silicones
4.5.1. Key Market Trends, Growth Factors And Opportunities
4.5.2. Market Size And Forecast, By Region
4.5.3. Market Analysis By Country
4.6. Others
4.6.1. Key Market Trends, Growth Factors And Opportunities
4.6.2. Market Size And Forecast, By Region
4.6.3. Market Analysis By Country
Chapter 5: Uv Curable Resin Market, By Application
5.1. Overview
5.2. Coating
5.2.1. Key Market Trends, Growth Factors And Opportunities
5.2.2. Market Size And Forecast, By Region
5.2.3. Market Analysis By Country
5.3. Packaging
5.3.1. Key Market Trends, Growth Factors And Opportunities
5.3.2. Market Size And Forecast, By Region
5.3.3. Market Analysis By Country
5.4. Printing
5.4.1. Key Market Trends, Growth Factors And Opportunities
5.4.2. Market Size And Forecast, By Region
5.4.3. Market Analysis By Country
5.5. Adhesives And Sealants
5.5.1. Key Market Trends, Growth Factors And Opportunities
5.5.2. Market Size And Forecast, By Region
5.5.3. Market Analysis By Country
5.6. Others
5.6.1. Key Market Trends, Growth Factors And Opportunities
5.6.2. Market Size And Forecast, By Region
5.6.3. Market Analysis By Country
Chapter 6: Uv Curable Resin Market, By Region
6.1. Overview
6.2. North America
6.2.1. Key Market Trends, Growth Factors And Opportunities
6.2.2. Market Size And Forecast, By Resin-Type
6.2.3. Market Size And Forecast, By Application
6.2.4. Market Analysis By Country
6.2.4.1. U.S.
6.2.4.1.1. Market Size And Forecast, By Resin-Type
6.2.4.1.2. Market Size And Forecast, By Application
6.2.4.2. Canada
6.2.4.2.1. Market Size And Forecast, By Resin-Type
6.2.4.2.2. Market Size And Forecast, By Application
6.2.4.3. Mexico
6.2.4.3.1. Market Size And Forecast, By Resin-Type
6.2.4.3.2. Market Size And Forecast, By Application
6.3. Europe
6.3.1. Key Market Trends, Growth Factors And Opportunities
6.3.2. Market Size And Forecast, By Resin-Type
6.3.3. Market Size And Forecast, By Application
6.3.4. Market Analysis By Country
6.3.4.1. Uk
6.3.4.1.1. Market Size And Forecast, By Resin-Type
6.3.4.1.2. Market Size And Forecast, By Application
6.3.4.2. Germany
6.3.4.2.1. Market Size And Forecast, By Resin-Type
6.3.4.2.2. Market Size And Forecast, By Application
6.3.4.3. France
6.3.4.3.1. Market Size And Forecast, By Resin-Type
6.3.4.3.2. Market Size And Forecast, By Application
6.3.4.5. Spain
6.3.4.5.1. Market Size And Forecast, By Resin-Type
6.3.4.5.2. Market Size And Forecast, By Application
6.3.4.6. Italy
6.3.4.6.1. Market Size And Forecast, By Resin-Type
6.3.4.6.2. Market Size And Forecast, By Application
6.3.4.7. Rest of Europe
6.3.4.7.1. Market Size And Forecast, By Resin-Type
6.3.4.7.2. Market Size And Forecast, By Application
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors And Opportunities
6.4.2. Market Size And Forecast, By Resin-Type
6.4.3. Market Size And Forecast, By Application
6.4.4. Market Analysis By Country
6.4.4.1. China
6.4.4.1.1. Market Size And Forecast, By Resin-Type
6.4.4.1.2. Market Size And Forecast, By Application
6.4.4.2. Japan
6.4.4.2.1. Market Size And Forecast, By Resin-Type
6.4.4.2.2. Market Size And Forecast, By Application
6.4.4.3. India
6.4.4.3.1. Market Size And Forecast, By Resin-Type
6.4.4.3.2. Market Size And Forecast, By Application
6.4.4.4. Australia
6.4.4.4.1. Market Size And Forecast, By Resin-Type
6.4.4.4.2. Market Size And Forecast, By Application
6.4.4.5. South Korea
6.4.4.5.1. Market Size And Forecast, By Resin-Type
6.4.4.5.2. Market Size And Forecast, By Application
6.4.4.6. Rest of Asia-Pacific
6.4.4.6.1. Market Size And Forecast, By Resin-Type
6.4.4.6.2. Market Size And Forecast, By Application
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors And Opportunities
6.5.2. Market Size And Forecast, By Resin-Type
6.5.3. Market Size And Forecast, By Application
6.5.4. Market Analysis By Country
6.5.4.1. Brazil
6.5.4.1.1. Market Size And Forecast, By Resin-Type
6.5.4.1.2. Market Size And Forecast, By Application
6.5.4.2. Saudi Arabia
6.5.4.2.1. Market Size And Forecast, By Resin-Type
6.5.4.2.2. Market Size And Forecast, By Application
6.5.4.3. South Africa
6.5.4.3.1. Market Size And Forecast, By Resin-Type
6.5.4.3.2. Market Size And Forecast, By Application
6.5.4.4. Rest of Lamea
6.5.4.4.1. Market Size And Forecast, By Resin-Type
6.5.4.4.2. Market Size And Forecast, By Application
Chapter 7: Competitive Landscape
7.1. Introduction
7.2. Product Mapping of Top 14 Player
7.3. Competitive Heat Map of Key Players
7.4. Key Developments
7.4.1. Product Launch
7.4.2. Business Expansion
7.4.3. Acquisitions
7.5. Other Key Players Profile
7.5.1. Key Player Competitive Heat Map
Chapter 8: Company Profiles
8.1. Hitachi Chemical.
8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Product Portfolio
8.1.5. Business Performance
8.1.6. Key Strategic Moves And Developments
8.2. Basf Se
8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Product Portfolio
8.2.5. Business Performance
8.2.6. Key Strategic Moves And Developments
8.3. Dsm-Agi
8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Product Portfolio
8.3.5. Business Performance
8.3.6. Key Strategic Moves And Developments
8.4. Arkema Group
8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Product Portfolio
8.4.5. Business Performance
8.4.6. Key Strategic Moves And Developments
8.5. Allnex Belgium S.A.
8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Product Portfolio
8.5.4. Key Strategic Moves And Developments
8.6. Jiangsu Litian Technology Co., Ltd.
8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Product Portfolio
8.7. Eternal Materials
8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Product Portfolio
8.7.4. Key Strategic Moves And Developments
8.8. Dymax Corporation
8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Product Portfolio
8.8.5. Key Strategic Moves And Developments
8.9. Jiangsu Sanmu Group Co., Ltd.
8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Product Portfolio
8.10. Toagosei Co., Ltd.
8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Product Portfolio
8.10.5. Business Performance