Overview of the global UV curable resins market

Research analysis on the global UV curable resins market identifies that the benefits of UV curing over traditional dying methods will be one of the major factors that will have a positive impact on the growth of the market. Owing to the advantages such as better bonding, reduced reduction rates, increased solvency, enhanced production speed, and scratch resistance there is rise in the demand for UV curing systems in the automotive, electronics, graphic arts, glass, plastic decorating, and telecommunication industries. Additionally, UV curing also provides better cure speed when compared to the conventional cross linking relating to powder coatings or drying of solvents. This wil fuel the growth of the UV curable resins market, which according to Technavio's market research analysts will grow at a CAGR of close to 9% by 2021.

In terms of geographic regions, APAC will be the major revenue contributor of the UV curable resins market throughout the forecast period. APAC is the world's fastest growing and largest market for the consumption of UV curable resins with countries like China and Japan as the key consumers.The rising demand for UV curable resins from the end-user segments such as electronics and industrial coatings and the growth of the manufacturing sector, will drive the growth of this market in the region.

Competitive landscape and key vendors  

The UV curable resins market is quite competitive and comprises of key players. The market provides a wide scope to expand the sales in developing markets and come up with effectual strategies to gain a competitive edge. Fast production capacity, manufacturing with less floor space, and energy savings to ensure environment sustainability are some of the major areas the vendors usually focus on.

The leading vendors in the market are ?

• BASF
• Dymax Corporation
• Hitachi Chemicals
• Royal DSM
• SANMU GROUP

The other prominent vendors in the market are allnex group, Arkema, Eternal Materials, IGM , Miwon Specialty Chemical, TOAGOSEI, and The Nippon Synthetic Chemical Industry.

Segmentation by type and analysis of the UV curable resins market

• Monomers
• Oligomers
• Photoinititors

During 2016, the monomers segment accounted for the major shares of the UV curable resins market. Factors such as the increased usage of monomers to reduce the shrinkage of the cured film and its usage in inks, coatings, and adhesives, will contribute to the growth of this industry segment in the coming years.

Segmentation by end-user and analysis of the UV curable resins market

• Industrial coating
• Packaging
• Electronics
• Printing and graphic arts
• Healthcare

According to this market research report, the industrial coating segment accounted for the maximum shares of the UV curable resins market for 2016. The rising demand for the application of UV curable resins and their advantages such as exceptional durability and appearance, will drive the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global UV curable resins market?
• What are the key market trends impacting the growth of the global UV curable resins market?
• What are the challenges to market growth?
• Who are the key vendors in the global UV curable resins market?
• What are the market opportunities and threats faced by the vendors in the global UV curable resins market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global UV curable resins market?

Technavio also offers customization on reports based on specific client requirement.

To help the clients gain a competitive advantage, Technavio offers a wide range of research reports from chemicals and materials industry and also provides a complete market landscape of the plastics, polymers, and elastomers sector. The upcoming research report on the global UV curable resins market provides an analysis of business intelligence facts and figures such as key market players, competitive landscape, growth potential, and market size, which helps the client in gaining critical knowledge to maximize its ROI.

To assess the accurate growth potential and composition of this market, research analyst at Technavio conduct an in-depth qualitative and quantitative research studies by analyzing factors such as market size, key vendors, industry profit, and economic trends. Vendor briefings, interview with industry experts, and telephone and online surveys are some of the research tools used to get a complete overview of the market landscape to give the clients competitive edge while entering new markets.

The report on the global UV curable resins market also provides segregated data and insights as per various geographies and offers an analysis of regions such as the Americas, APAC, and EMEA. Alberdingk Boley GMBH, BASF, DSM AGI Corporation, Allnex Belgium SA/NV, and Covestro are some of the vendors influencing the growth and stability of this market.

The upcoming research report on the global UV curable resins market also includes an analysis of market intelligence parameters such as dynamic demand from vendors, competitor's innovations and technology, consumer needs, and opportunities and challenges faced by the industry. The report on the global UV curable resins market also identifies key innovation in this market in alignment with the metals and minerals and specialty chemicals sectors.

Our market research methodology for the global UV curable resins market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases.