UV Curable Resins Market Business Overview (2019-2027): ALLNEX NETHERLANDS B.V., Arkema Group, BASF SE, DIC CORPORATION, DSM-AGI Corporation, Eternal Materials Co.,Ltd.

The global UV Curable Resins Market is growing at a significant pace owing to driving factors such as increasing use of environment-friendly industrial coatings and growing demand for UV curable inks in packaging applications. Moreover, rising use in 3D printing applications owing to its high performance properties further boost the UV curable resins market globally. However, the high installation cost of UV curable resin manufacturing plant and lack of awareness are the key factors hindering the curable resins market. Likewise. Propelling demand from the electronics industry is anticipated to provide a lucrative opportunity for market players over the projected period.

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Top Key Players:
• ALLNEX NETHERLANDS B.V.
• Arkema Group
• BASF SE
• DIC CORPORATION
• DSM-AGI Corporation
• Eternal Materials Co.,Ltd.
• Hitachi Chemical Co., Ltd.
• IGM
• Mitsubishi Chemical Corporation
• Miwon Specialty Chemical Co., Ltd.

UV curing resins are the materials polymerized and cured in a short time by the energy radiated from ultraviolet irradiation devices. These are used explicitly as industrial materials for sealing, bonding and coating. As the UV curable resin is single-component and non-solvent, it does not contaminate the work environment with any solvent. This adhesive is cured within seconds. Its excellence in mass production significantly helps reduce production processes. A large number of UV light curable resins have been developed to meet the stringent regulations in Europe and North America and to reduce air pollution as well as energy consumption.

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MARKET SEGMENTATION
The global UV curable resins market is segmented on the basis of formulation, application and end user.

On the basis of formulation, the UV curable resins market is segmented into
• Oligomers,
• Monomers
• Photoinitiators and Others
•
On the basis of application, the market is bifurcated into,
• Coating, Inks,
• Adhesives and Others
•
Based on end user, the global UV curable resins market is segmented into,
• Industrial Coatings
• Graphic Arts
• Electronics and Others

The report analyzes factors affecting the UV curable resins market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors affecting the UV curable resins market in these regions.

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