UV Curable Resin Market Opportunities Exploring Emerging Trends and Markets

Allied Market Research has published a report titled "UV Curable Resin Market by Resin Type (Acrylated Epoxies, Acrylated Polyesters, Acrylated Urethanes, Acrylated Silicones, and Others) and Application (Coating, Packaging, Printing, Adhesives & Sealants, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026." According to the report, the global UV curable resin market, valued at $4.74 billion in 2018, is projected to reach $9.76 billion by 2026, registering a CAGR of 9.4% from 2019 to 2026.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐨𝐟 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/request-sample/5608

Market Drivers and Opportunities:

The growing demand for eco-friendly paints and coatings, along with architectural coatings, is propelling market growth. However, fluctuations in raw material prices and the limited depth of light penetration present challenges. On the upside, stringent environmental regulations and green initiatives are creating new opportunities for market expansion.

Segment Analysis:-

Acrylated Epoxies to Maintain Market Dominance:

By resin type, the acrylated epoxies segment accounted for over one-third of the global market revenue in 2018 and is expected to retain its dominant position. This dominance is attributed to high cure rates and excellent adhesion performance due to the presence of polar hydroxyl and ether groups in the epoxy backbone structure. Meanwhile, the acrylated urethanes segment is anticipated to witness the highest growth at a CAGR of 10.3% during the forecast period, owing to its superior durability, flexibility, elasticity, film hardness, and fast cure speed across various substrates.

Coatings Segment to Lead; Printing to Witness Highest Growth:

By application, the coatings segment accounted for nearly one-third of the global market in 2018 and is expected to continue leading due to the rising demand for zero VOC content coatings and increased usage in dispersants, wetting agents, driers, defoamers, and powder coatings. However, the printing segment is poised for the highest CAGR of 11.0% from 2019 to 2026, driven by advancements in printing technologies such as inkjet, which offer significant technical advantages.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐢𝐧 𝐏𝐫𝐨𝐜𝐮𝐫𝐢𝐧𝐠 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐕𝐢𝐬𝐢𝐭 𝐇𝐞𝐫𝐞: https://www.alliedmarketresearch.com/uv-curable-resin-market/purchase-options

Regional Insights

Asia-Pacific to Dominate with Highest Growth Rate:-

Regionally, Asia-Pacific led the market in 2018, accounting for over one-third of the total market share. The region is expected to maintain its dominance and register the highest growth at a CAGR of 10.6% by 2026, fueled by the expansion of the paints and coatings industry and increased applications in the automotive sector. North America follows as the second-largest market.

Leading Market Players:-

The key market players include:

- Hitachi Chemical

- DSM-AGI

- BASF SE

- Allnex Belgium S.A.

- Jiangsu Litian Technology

- IGM

- Sartomer

- Dymax

- Miwon Specialty Chemical

- Eternal Materials

- Jiangsu Sanmu Group

𝐎𝐛𝐭𝐚𝐢𝐧 𝐑𝐞𝐩𝐨𝐫𝐭 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: https://www.alliedmarketresearch.com/uv-curable-resin-market

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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