UV-cured Resins Market Global Market Opportunity Assessment Study 2025.
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The market for UV-cured resins can be segmented in terms of application, chemical, geography, and end-user industry. Based on chemical, the UV-cured resins market has been divided into polyester, epoxy, and acrylic/alkydic resins. Polyester resins are commonly available and inexpensive. Epoxy resins are slightly costlier than polyesters but they have better curing property, less shrinkage, and good adhesion. Acrylic/alkydic resins are of varied compositions. Not all acrylic resins are used as UV-cured resins. The epoxy resins segment is expected to hold a major share of the market during the forecast period, due to better features of these resins.
Based on application, the UV-cured resins market has been segregated into coatings, inks, and adhesives. UV-cured adhesives are resistant to heat and corrosion and they are crucial to the automotive industry. Based on end-user, the UV-cured resins market has been divided into automotive, electronics, graphic arts, glass, and plastic decorating. Growth in the automotive industry is expected to drive the UV-cured resins market in the near future. Based on geography, the UV-cured resins market has been divided into Asia Pacific, Europe, North America, and Latin America. Strict environmental regulations imposed on the conventional methods emitting greenhouse gases is the key driving factor for the markets in North America and Europe. Growth of the automotive industry in Asia Pacific is anticipated to fuel the market in the region in the near future. Rapid industrialization, technological advancements, and growth of the electronics industry in the region are other factors likely to augment the market in Asia Pacific during the forecast period.
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Key players operating in the global UV-cured resins market are Allnex, Royal DSM N.V., Alberdingk Boley GmbH, Covestro AG, BASF SE, Nippon Gohsei, Wanhua Chemical Group Co. Ltd., Jiangsu Sanmu Group Corporation, Dymax Corporation, Eternal Chemical Co., Hitachi Chemical Company Ltd., IGM Resins, Miwon Specialty Chemical Co. Ltd., and Sartomer Arkema Group.
Resins provided by Allnex are marketed in Europe, North America, Asia Pacific, and Latin America. The company has more than 10 research centers operating throughout the world for finding coatings solutions for industries such as automotive, packaging, inks, and industrial plastics. NIPPON GOHSEI sells the UV-cured resins by the trade name SHIKOHTM. It has developed various types of resins that can be used for inks, coatings, and adhesives.
Investments in research and development, mergers and acquisitions, and aggressive marketing are strategies implemented by companies to increase their share in the global UV-cured resins market. High cost of initial investment, limited usage, and unappealing price in the competitive market are likely to be barriers for growth of the global UV-cured resins market in the next few years.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
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