Demand from the end-use businesses drive the Global UV Curable Resins Market

Posted by rohan on March 27th, 2020

Market Overview:

UV curable resins are a type of resins that mainly assists in curing radiations of materials like coatings, inks, and adhesives among others. UV curable resins are free-from organic solvents and have monomers, co-initiators, oligomers, and range of additives like antioxidants, pigments, stabilizers, and plasticizers. These resins are suitable for applications which need quick-drying and on spot curing.

Market drivers and restraints:

The demand from the end-use businesses is a crucial factor driving the expansion of the global UV curable resins market. Some of the critical applications of UV curable resins are wood and paper coatings, plastic coatings, and adhesives, among others. The increasing industrialization and urbanization in the growing regions worldwide are estimated to fuel the market over the foreseen years. The global market for UV curable resins is a lucrative market that is expected to grow at a high CAGR during the predicted years. The low price, productivity, durability and low maintenance make it suitable for the many end-user businesses, which is a significant factor driving the market development positively

To know more, click on the link below:

https://www.marketdataforecast.com/market-reports/uv-urable-resins-and-formulated-products-market

Report segmented as:

By composition:

  • Oligomers
  • Monomers
  • Photoinitiators
  • Additives

By application:

  • wood and paper coatings
  • plastic coatings
  • metal coatings
  • overprint varnish
  • printing inks
  • adhesives
  • 3D printing
  • Industrial
  • Automotive
  • Others

Geographical analysis:

Asia Pacific has a key share of the market and is estimated to lead at a healthy CAGR throughout the foreseen period. Europe is a lucrative market, where expansion is driven by the developed electrical & electronics, construction, and automobile segment.

Important market players:

Some of the major players operating in the Global UV curable resins market include Arkema SA (France), Allnex Group (Germany), Toagosei Co. Ltd. (Japan), BASF SE (Germany), Royal DSM N.V. (Netherlands), Covestro AG (Germany), Nippon Gohsei (Japan), Hitachi Chemical Company Ltd. (Japan), IGM Resins B.V. (Netherlands), and Miwon Specialty Chemical Co. Ltd (South Korea).

View a sample and decide:

https://www.marketdataforecast.com/market-reports/uv-urable-resins-and-formulated-products-market

The Scope of the report:

This report offers the current product and services market evaluation and the future estimation of the market. It helps us understand the market better through size anticipation and CAGR calculation to estimate the next market. It has a broader segmentation for better understanding of the enterprising of the market at a low level by segregating the market into smaller sectors.

Apart from the syndicated report, our in-house team has expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

About Us:

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

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rohan

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rohan
Joined: September 20th, 2017
Articles Posted: 1,346

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