Title: UV Curing Resins Market - Industry Analysis, Market Size, Share, Trends, Growth And Forecast 2021 - 2026
1UV Curing Resins Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- UV Curing Resins Market size is forecast to
reach 7.63 billion by 2025 after growing at
a CAGR of 10 during 2020-2025. Ultraviolet (UV)
curing resins are photochemical products in which
ultraviolet light is used to dry or cure
coatings, inks, or adhesives instantly. The
growth of the market of UV curing resins is
expected to be driven by the high demand from the
packaging industry. - Acrylated Epoxies held the largest share in the
UV curing resins market in 2019. Acrylated
Epoxies are very popular UV curing systems. They
undergo fast radical induced crosslinking when
exposed to UV radiation. They are extensively
used in lithographic inks and varnishes, as well
as in printed circuit board, wood, concrete and
plastic coatings.
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- Key Takeaways
- Asia-Pacific dominates the UV curing resins
market owing to increasing demand from coatings
and adhesives industry. - Increasing demand for UV curable inks is also one
among the driving factor for growth of UV cured
resins market in the forecast period. - COVID-19 pandemic has impacted the global
chemical industry due to complete or partial
shutdown to avoid spread of coronavirus, this is
hampering the growth of UV curing resins market
in 2020.
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By Distribution Channel- Segment
Analysis Acrylated polyesters are produced in a
wide range of relativities and viscosities and
are mainly used in printing inks, wood and paper
coatings. They are very attractive resin systems
due to their relative low cost and due to the
large number of esters available which allows for
a wide variation of properties. This class of UV
curing resins has often reasonable all-around
performance but only average properties when
compared to the other resin systems.
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- UV Curing Resins Market Industry Outlook
- Arkema S.A
- BASF SE
- Covestro AG
- Dymax Corporation
- DIC Corporation
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UV Curing Resins Market- Forecast(2021 -
2026) Learn More About the Report _at_
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