UV Curable Resins & Formulated Products Market
UV Curable Resins & Formulated
Products Market To Reach USD
7.90 Billion By 2026
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Market Summary
The market for UV Curable Resins & Formulated Products is
driven by environmental concerns and rising stringent
regulations on Volatile Organic Compound (VOC) emission.
Market Size – USD 3.89 Billion in 2018, Market Growth - CAGR of
9.1%, Market Trends – Advancement in technology and high
demand from the APAC region.
The global UV Curable Resins & Formulated Products market is
forecast to reach USD 7.90 Billion by 2026, according to a new
report by Reports and Data. UV curable resins help in curing
radiation of materials such as inks, coatings, and adhesives
among others. These resins are free from organic solvent and
include a variety of additives such as pigments, antioxidants,
plasticizers, and stabilizers.
The use of UV curable resins & formulated products has risen
over the past couple of decades. UV induced cure has several
benefits such as less energy consumption and equipment space,
less emission, reduced waste, low-temperature treatment, and
higher productivity.
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Moreover, these resins do not contain any organic solvents that could impact the environment adversely. A
large number of UV light curable resins have been developed to meet the stringent regulations in North
America and Europe to reduce the level of air pollution as well as energy consumption.
The Asia Pacific region is forecasted to grow with the highest CAGR of 10.1% during the forecast period.
The rapid growth of industries and urbanization is propelling the growth of the market. Favorable
government regulations, highly populated countries such as China and India, and expansion of the
automotive and construction sector are driving the market. Japan, China, and India are the largest
consumers of the UV curable resins & formulated products.
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Key participants include Arkema SA, BASF SE, Toagosei Co. Ltd., IGM Resins B.V., Covestro AG, Nippon Gohsei,
Alberdingk Boley GmbH, Wanhua Chemical Group Co., Ltd., Lambson Limited, and Eternal Chemical Co. Ltd,
among others.
For the purpose of this report, Reports and Data have segmented into the global UV Curable Resins &
Formulated Products market on the basis of composition, chemistry, application, and region:
Composition Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
• Oligomers
• Monomers
• Photoinitiators
• Additives
Chemistry Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
• Non-Acrylates & Oligoamines
• Acrylate Oligomers
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Regional Outlook (Revenue, USD Million; 2019-2026, and Volume Metric Tons-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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About Us
A b oOuutr U Aspproach
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