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Report
UV Curable Resins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 147 Pages I IMARC Group
The global UV curable resins market size reached US$ 5.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 10.0 Billion by 2028, exhibiting a growth rate (CAGR) of 9.82% during 2022-2028.
Ultraviolet (UV) curable resins are non-solvent materials polymerized by the energy radiated from UV irradiation devices. They mainly comprise oligomers, co-initiators, photopolymerization initiators, monomers, and additives like stabilizers, antioxidants, plasticizers, and pigments. They have many advantages over conventional cures, such as reduced waste, less energy consumption and equipment space, low emission, high productivity, and minimal temperature treatment. In addition, as they do not contain organic solvents that have an adverse effect on the environment, UV curable resins are widely utilized as industrial materials in the pharmaceutical and food and beverage (F&B) industries for sealing, bonding, and coating items.
UV Curable Resins Market Trends:
Due to growing concerns of the coronavirus disease (COVID-19) transmission through packaging surfaces, UV cured resins are finding extensive application in various industry verticals as packaging coatings. UV cured resins increase production, reduce costs, and ensure high product quality for manufacturing a wide variety of medical products, such as filters, syringes, catheters, hearing aids, dialysis machines, medication patches, hydrogels, and test strips. In addition, the escalating demand for medical devices on account of the rising prevalence of chronic and lifestyle diseases is contributing to the market growth. Apart from this, the growing adoption of three-dimensional (3D) printing in the aerospace and automobile industries is driving the demand for UV cured resin-based 3D printing technologies. Moreover, UV curable resins derived from renewable raw materials with light-emitting diode (LED) technology are gaining traction to reduce air pollution and energy consumption and meet stringent regulations. Furthermore, the leading players are developing new and improved UV curable resins with expanded photosensitive wavelength bands and better photo-initiator solubility, which is anticipated to impel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global UV curable resins market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on resin type, composition and application.
Breakup by Resin Type:
Acrylated Epoxies
Acrylated Polyesters
Acrylated Urethanes
Acrylated Silicones
Others
Breakup by Composition:
Monomers
Oligomers
Photoinitiators
Others
Breakup by Application:
Coating
Packaging
Printing
Adhesives and Sealants
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Allnex GmbH, Arkema S.A., BASF SE, Covestro AG, Dymax Corporation, Eternal Materials Co. Ltd., IGM Resins B.V., Jiangsu Litian Technology Co. Ltd., Jiangsu Sanmu Group Co. Ltd., Koninklijke DSM N.V., Showa Denko K. K. and Toagosei Co. Ltd.
Key Questions Answered in This Report:
How has the global UV curable resins market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global UV curable resins market?
What are the key regional markets?
What is the breakup of the market based on the resin type?
What is the breakup of the market based on the composition?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global UV curable resins market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global UV Curable Resins Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Resin Type
6.1 Acrylated Epoxies
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Acrylated Polyesters
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Acrylated Urethanes
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Acrylated Silicones
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Others
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Composition
7.1 Monomers
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Oligomers
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Photoinitiators
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Coating
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Packaging
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Printing
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Adhesives and Sealants
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Others
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Allnex GmbH
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Arkema S.A.
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 BASF SE
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Covestro AG
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Dymax Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Eternal Materials Co. Ltd.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.7 IGM Resins B.V.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 Jiangsu Litian Technology Co. Ltd.
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Jiangsu Sanmu Group Co. Ltd.
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Koninklijke DSM N.V.
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Showa Denko K. K.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Toagosei Co. Ltd.
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
14.3.12.3 Financials
14.3.12.4 SWOT Analysis
Figure 1: Global: UV Curable Resins Market: Major Drivers and Challenges
Figure 2: Global: UV Curable Resins Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: UV Curable Resins Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: UV Curable Resins Market: Breakup by Resin Type (in %), 2022
Figure 5: Global: UV Curable Resins Market: Breakup by Composition (in %), 2022
Figure 6: Global: UV Curable Resins Market: Breakup by Application (in %), 2022
Figure 7: Global: UV Curable Resins Market: Breakup by Region (in %), 2022
Figure 8: Global: UV Curable Resins (Acrylated Epoxies) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: UV Curable Resins (Acrylated Epoxies) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: UV Curable Resins (Acrylated Polyesters) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: UV Curable Resins (Acrylated Polyesters) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: UV Curable Resins (Acrylated Urethanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: UV Curable Resins (Acrylated Urethanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: UV Curable Resins (Acrylated Silicones) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: UV Curable Resins (Acrylated Silicones) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: UV Curable Resins (Other Resin Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: UV Curable Resins (Other Resin Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: UV Curable Resins (Monomers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: UV Curable Resins (Monomers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: UV Curable Resins (Oligomers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: UV Curable Resins (Oligomers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: UV Curable Resins (Photoinitiators) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: UV Curable Resins (Photoinitiators) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: UV Curable Resins (Other Compositions) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: UV Curable Resins (Other Compositions) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: UV Curable Resins (Coating) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: UV Curable Resins (Coating) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: UV Curable Resins (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: UV Curable Resins (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: UV Curable Resins (Printing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: UV Curable Resins (Printing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: UV Curable Resins (Adhesives and Sealants) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: UV Curable Resins (Adhesives and Sealants) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: UV Curable Resins (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: UV Curable Resins (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: UV Curable Resins Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: UV Curable Resins Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: UV Curable Resins Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: UV Curable Resins Industry: SWOT Analysis
Figure 86: Global: UV Curable Resins Industry: Value Chain Analysis
Figure 87: Global: UV Curable Resins Industry: Porter's Five Forces Analysis
Table 1: Global: UV Curable Resins Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: UV Curable Resins Market Forecast: Breakup by Resin Type (in Million US$), 2023-2028
Table 3: Global: UV Curable Resins Market Forecast: Breakup by Composition (in Million US$), 2023-2028
Table 4: Global: UV Curable Resins Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: Global: UV Curable Resins Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: UV Curable Resins Market: Competitive Structure
Table 7: Global: UV Curable Resins Market: Key Players
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