UV Curable Resin Market Size, Share, Global Industry Outlook & Forecast To 2026 | Hitachi Chemical, BASF SE, DSM-AGI, Jiangsu Litian Technology

The global UV curable resin market was valued at $4,745.6 million in 2018 and is estimated to reach $9,769.7 million by 2026, growing at a CAGR of 9.4% from 2019 to 2026. Resins that are polymerized and cured by the energy radiated from ultraviolet irradiation devices are referred as UV curable resins. These resins majorly find their application in coatings, graphic arts, adhesives and other related industries.

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Some of the key players of UV Curable Resin Market:

Hitachi Chemical, BASF SE, DSM-AGI, Jiangsu Litian Technology, Allnex Belgium S.A., Sartomer, IGM, Eternal Materials, Dymax, Miwon Specialty Chemical and Jiangsu Sanmu Group.

The growth of the global UV-curable resins market is majorly driven by surge in demand for UV-curable resins in applications such as adhesives, coating and packaging. In addition, the development of new photo initiators for UV curing technology enables to produce more effective curable resins, thereby boosting the market growth. Furthermore, increase in popularity of eco-friendly curable products is expected to boost the growth of the market in the near future. However, limited light penetration depth is expected to restrict the market growth. Conversely, advancements in coatings and development of the 3D printing industry are anticipated to offer remunerative opportunities to the market expansion.

The UV curable resin market is segmented based on resin type, application and region. Depending on resin type, the global market is fragmented into acrylated epoxies acrylated polyesters, acrylated urethanes, acrylated silicones and others. By application, it is categorized into coating, packaging, printing, adhesives & sealants and others.

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What the report features:-

1.Global analysis of UV Curable Resin Market from 2019 – 2026 illustrating the progression of the market.
2. Forecast and analysis of UV Curable Resin Market by Dosage, Route of Administration and Application from 2019 – 2026.
3.Forecast and analysis of UV Curable Resin Market in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.

Reason to Buy:

1.Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global UV Curable Resin Market.
2. Highlights key business priorities in order to assist companies to realign their business strategies.
3. The key findings and recommendations highlight crucial progressive industry trends in the UV Curable Resin Market, thereby allowing players to develop effective long term strategies.
4. Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
5. Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
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