The global demand for UV Cured Resins Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028.
UV curing is a subset of energy or radiation curing, where a light source is used to cure products such as coatings, inks, and adhesives. UV or ultraviolet cured resins are the materials that are polymerized and cured in a short period of time by using energy, which is radiated from UV irradiation devices. These are especially used as industrial materials for coating, bonding, and sealing.
The increasing environmental regulations in order to control emissions coupled with a rising trend for green technology is primarily driving the market growth. The increasing need from various end-use industries such as construction and packaging is again driving the market growth. However, limited application and high initial investment cost are likely to hamper market growth. Whereas, 3D printing materials with high flexibility, processability, and stability is expected to propel demand over the forecast period.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of UV cured resins.
The entire UV cured resins market has been sub-categorized into formulation, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
- Industrial Coatings
- Graphic Arts
This section covers regional segmentation which accentuates on current and future demand for UV cured resins market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global UV Cured Resins Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the UV cured resins market include Arkema Group, BASF SE, Covestro AG, DIC Corporation, Hitachi Ltd., Koninklijke DSM N.V., Miwon Specialty Chemical Co Ltd., The Nippon Synthetic Chemical Industry Co. Ltd., Toagosei Co. Ltd. and Wanhua Chemical Group Co. Ltd. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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