UV Curable Resins and Formulated Products Market worth $7.3 billion by 2026 | Key players Allnex Netherlands B.V., Alberdingk Boley GmbH, BASF SE, Covestro AG, IGM Resins

According to recent market research "UV Curable Resins and Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-acrylated Oligoamines, Acrylate Oligomers), Application, Technology, and Region - Global Forecast to 2026", is expected to grow from USD 4.6 billion in 2021 to USD 7.3 billion by 2026, at a CAGR of 9.7% during the forecast period. Government initiatives emphasizing on adoption of clean fuel and growth in number natural and fuel cell electric vehicles are expected to drive the market.

Browse 282 market data Tables and 40 Figures spread through 217 Pages and in-depth TOC on "UV Curable Resins and Formulated Products Market - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/uv-curable-resins-market-1324.html

Oligomers are high molecular weight and high viscosity UV curing materials. They are produced using several different backbone building chemistries, such as polyester acrylates, epoxy acrylates, urethane acrylates, and acrylic acrylates. Oligomers impart most of the basic properties to the UV curing formulation. The overall properties of printing inks, adhesives, coatings, and binders crosslinked by radiant energy are determined mainly by the type of oligomers used in the chemical formulation.

Acrylate oligomers are rapidly growing and are a viable choice of UV curable resins for several end uses such as wood floors, kitchen cabinets, and furniture. They are also used in hardwood & resilient flooring, ski & snowboard coatings, and coatings for premium & medium-priced point furniture. Urethane acrylates offer high-end performance with minimal process issues and nearly zero VOC emission.

For more Details Speak to Our Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=1324

The presence of VOCs in a coating's formulation or during application and the drying processes is undesirable because of hazardous air pollutants (HAP) and negative effects on workers. VOCs are usually formaldehyde and organic solvents. In recent years, coating formulators and manufacturers have been seeking environmentally friendly green coating alternatives that have similar or better performance than the conventional solvent-borne systems because of government regulations and public environmental awareness and concerns. UV curable resins have many advantages, such as little-to-no VOC, low odor, non-toxicity, non-skin irritation, and safer production.

The global UV curable resins and formulated products market size is expected to grow from USD 4.6 billion in 2021 to USD 7.3 billion by 2026, projecting a CAGR of 9.7% during the forecast period between 2021 and 2026.

Allnex Netherlands B.V. (Germany), Alberdingk Boley GmbH (Germany), BASF SE (Germany), Covestro AG (Germany), Wanhua Chemical Group Co., Ltd. (China), Miwon Specialty Chemical Co. Ltd. (South Korea), Showa Denko Materials Co., Ltd., (Japan), IGM Resins (Netherlands), are some of the key players in the UV curable resins and formulated products market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=1324

Allnex Netherlands B.V. is an independent company that came into existence through the divestiture of the coating resins business from Cytec in 2013. It is one of the leading global producers of coating resins. The company also supplies resins and additives for industrial, protective, architectural, automotive, and special purpose coatings and inks. It offers innovative liquid resins & additives, radiation cured and powder coating resins & additives, and cross linkers that are used on metal, plastic, wood, and other surfaces. The company operates through its 33 manufacturing and 23 research & technology support facilities globally.

BASF SE is one of the leading chemical companies that produces and sells a wide range of chemicals and intermediate solutions. It operates through six business segments that include chemicals, materials, industrial solutions, surface technologies, agricultural solutions, and nutrition & care. BASF's chemicals segment comprises the intermediates, inorganics, and petrochemicals divisions. The company, under its petrochemicals division, offers various acrylic monomers. BASF operates globally through its subsidiaries in 80 countries with six verbund (integrated) sites and approximately 380 production sites. It primarily operates in Europe and has an active presence in North America, APAC, South America, Africa, and the Middle East.

Contact:

Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com
Press Release: https://www.marketsandmarkets.com/PressReleases/uv-curable-resins.asp
Research Insights: https://www.marketsandmarkets.com/ResearchInsight/uv-curable-resins-market.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.