Product Code: 381
Global UV Curable Resins Industry will depict noticeable growth through 2032 owing to the rising application of UV curable resins in the automotive sector, especially in North America, for applications such as bonding, sealing, and coating. Other important applications of UV curable resins include concrete and plastic coatings, scratch-resistant wood, and UV-curable acrylic adhesives.
Besides, UV curable resins are being increasingly adopted owing to their high productivity, ease of application, and lower impact on the environment, which will also fuel their market demand.
Overall, the global UV curable resins industry is segmented in terms of composition, raw material, product, front-industry, and region.
Based on composition, the monomers segment is estimated to be valued at USD 5.5 billion by 2032. Constant technical innovations and rising demand for high-performance resins are anticipated to boost the product demand. Besides, UV-curable monomer resins are widely used in various industries due to their easy manufacturing process and economic nature.
On the basis of raw material, the urethane acrylates segment is slated to depict more than 7% CAGR through 2032. The rising demand for best-in-class quality packaging solutions and increased investment in the marketing strategies for such products will primarily boost the overall demand.
Urethane acrylates are used in containers for several end industries, due to their qualities such as an excellent ability to impregnate fiber reinforcements, fast curing, compatibility with polyester gel coats, low viscosity, and superior finish. Besides, attributes including greater rigidity than polyester and vinyl ester resins, impact resistance, low shrinkage, and quick release, will also enhance the product adoption in the future.
In the context of the product, the inks segment is estimated to be valued at over USD 2.7 billion by 2032. The segmental expansion can be accredited to the recent industry trends, rising consumer preference for environment-friendly inks, increasing demand for innovative packaging, and constant R&D investments by major inks manufacturers.
In terms of the front industry, the graphic arts segment is anticipated to witness robust growth through 2032. UV inks and overprint varnishes have been used in commercial printers and in-house printing operations for over the years since they help to gain higher production speeds, easier clean-up, and no VOC emissions.
Regionally, the Asia Pacific global UV curable resins market is anticipated to be valued at over USD 4.3 billion by 2032. The regional market growth will be driven by the expanding electrical & electronics industries and the construction sector, primarily in Indonesia, Thailand, South Korea, and India. In addition, the growing prevalence of stringent VOC emission norms and increasing consumer environmental awareness will also add impetus to the market growth during the next decade.
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Scope & Market definitions
- 1.2 Methodology & forecast parameters
- 1.3 COVID-19 impact calculations on the industry forecast
- 1.3.1 North America
- 1.3.2 Europe
- 1.3.3 Asia Pacific
- 1.3.4 Latin America
- 1.3.5 Middle East & Africa
- 1.4 Regional trends
- 1.5 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
Chapter 2 Executive Summary
- 2.1 UV curable resins market 360 degree synopsis, 2018 - 2032
- 2.1.1. Economic impact of Covid-19 pandemic
- 2.1.2 Regional trends
- 2.1.3 Composition trends
- 2.1.4 Raw Material trends
- 2.1.5 Product trends
- 2.1.6 Front Industry trends
- 2.1.7 Regional trends
Chapter 3 UV Curable Resins Industry Insights
- 3.1 Industry segmentation
- 3.2 Industry ecosystem analysis
- 3.2.1 Vendor matrix
- 3.2.2 Distribution channel analysis
- 3.2.2.1 Collaboration
- 3.2.2.2 Distributors
- 3.2.3 Effect of COVID-19 on industry value chain
- 3.3 Technology landscape
- 3.4 Pricing analysis
- 3.4.1 North America (USD/Kg)
- 3.4.2 Europe (USD/Kg)
- 3.4.3 Asia Pacific (USD/Kg)
- 3.4.4 LATAM (USD/Kg)
- 3.4.5 MEA (USD/Kg)
- 3.4.6 Cost structure analysis
- 3.4.7 Impact of COVID-19 on UV curable resins pricing
- 3.5 Regulatory landscape
- 3.5.1 U.S.
- 3.5.2 Europe
- 3.5.3 China
- 3.6 Industry impact forces
- 3.6.1 Growth drivers
- 3.6.1.1 North America: Rising automotive sector in the region will drive product demand
- 3.6.1.2 Asia Pacific: Increasing electronics manufacturing in the region will drive industry growth
- 3.6.1.3 Europe: Rising industrial coatings demand will foster industry growth
- 3.6.2 Industry pitfalls & challenges
- 3.6.2.1 Difficulty in curing in presence of oxygen
- 3.7 Porter's Analysis
- 3.8 Growth potential analysis, 2018
- 3.8.1 Emerging business model
- 3.8.1.1 Collaboration/Joint ventures
- 3.8.1.2 Acquisitions
- 3.9 PESTLE Analysis
- 3.10 Impact of COVID-19 on UV curable resins demand, by front line industry
- 3.10.1 Automotive
- 3.10.2 Wood Industry
- 3.10.3 Ship Building
- 3.10.4 Graphic Arts
- 3.10.5 Electronics
- 3.10.6 Plastic & Packaging
- 3.11 COVID-19 overview on world economy
Chapter 4 Competitive Landscape, 2022
- 4.1 Introduction
- 4.2 Company market share analysis, by region 2022
- 4.2.1 North America UV curable resins market share analysis 2022
- 4.2.2 Europe UV curable resins market share analysis 2022
- 4.2.3 Asia Pacific UV curable resins market share analysis 2022
- 4.2.4 Latin America UV curable resins market share analysis 2022
- 4.2.5 MEA UV curable resins market share analysis 2022
- 4.3 Vendor adoption matrix, 2022
- 4.4 Top player overview
- 4.5 Strategy Dashboard
Chapter 5 UV curable resins Market, By Composition
- 5.1 Key composition trends
- 5.2 Monomers
- 5.2.1 Market estimates and forecast, 2018 - 2032
- 5.2.2 Market estimates and forecast by region, 2018 - 2032
- 5.3 Oligomers
- 5.3.1 Market estimates and forecast, 2018 - 2032
- 5.3.2 Market estimates and forecast by region, 2018 - 2032
- 5.4 Photo initiators
- 5.4.1 Market estimates and forecast, 2018 - 2032
- 5.4.2 Market estimates and forecast by region, 2018 - 2032
- 5.5 Additives
- 5.5.1 Market estimates and forecast, 2018 - 2032
- 5.5.2 Market estimates and forecast by region, 2018 - 2032
Chapter 6 UV curable resins Market, By Raw Material
- 6.1 Key raw material trends
- 6.2 Epoxy acrylates
- 6.2.1 Market estimates and forecast, 2018 - 2032
- 6.2.2 Market estimates and forecast by region, 2018 - 2032
- 6.3 Polyester acrylates
- 6.3.1 Market estimates and forecast, 2018 - 2032
- 6.3.2 Market estimates and forecast by region, 2018 - 2032
- 6.4 Urethane acrylates
- 6.4.1 Market estimates and forecast, 2018 - 2032
- 6.4.2 Market estimates and forecast by region, 2018 - 2032
- 6.5 Others
- 6.5.1 Market estimates and forecast, 2018 - 2032
- 6.5.2 Market estimates and forecast by region, 2018 - 2032
Chapter 7 UV curable resins Market, By Product
- 7.1 Key product trends
- 7.2 Industrial coating
- 7.2.1 Market estimates and forecast, 2018 - 2032
- 7.2.2 Market estimates and forecast by region, 2018 - 2032
- 7.3 Adhesives
- 7.3.1 Market estimates and forecast, 2018 - 2032
- 7.3.2 Market estimates and forecast by region, 2018 - 2032
- 7.4 Inks
- 7.4.1 Market estimates and forecast, 2018 - 2032
- 7.4.2 Market estimates and forecast by region, 2018 - 2032
- 7.5 Others
- 7.5.1 Market estimates and forecast, 2018 - 2032
- 7.5.2 Market estimates and forecast by region, 2018 - 2032
Chapter 8 UV curable resins Market, By Front Industry
- 8.1 Key front industry trends
- 8.2 Automotive
- 8.2.1 Market estimates and forecast, 2018 - 2032
- 8.2.2 Market estimates and forecast by region, 2018 - 2032
- 8.3 Wood industry
- 8.3.1 Market estimates and forecast, 2018 - 2032
- 8.3.2 Market estimates and forecast by region, 2018 - 2032
- 8.4 Ship building
- 8.4.1 Market estimates and forecast, 2018 - 2032
- 8.4.2 Market estimates and forecast by region, 2018 - 2032
- 8.5 Graphic arts
- 8.5.1 Market estimates and forecast, 2018 - 2032
- 8.5.2 Market estimates and forecast by region, 2018 - 2032
- 8.6 Electronics
- 8.6.1 Market estimates and forecast, 2018 - 2032
- 8.6.2 Market estimates and forecast by region, 2018 - 2032
- 8.7 Plastic & packaging
- 8.7.1 Market estimates and forecast, 2018 - 2032
- 8.7.2 Market estimates and forecast by region, 2018 - 2032
- 8.8 Others
- 8.8.1 Market estimates and forecast, 2018 - 2032
- 8.8.2 Market estimates and forecast by region, 2018 - 2032
Chapter 9 UV curable resins Market, By Region
- 9.1 UV curable resins market region insights
- 9.2 North America
- 9.2.1 Market estimates and forecast, 2018 - 2032
- 9.2.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.2.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.2.4 Market estimates and forecast by product, 2018 - 2032
- 9.2.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.2.6 U.S.
- 9.2.6.1 Market estimates and forecast, 2018 - 2032
- 9.2.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.2.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.2.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.2.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.2.7 Canada
- 9.2.7.1 Market estimates and forecast, 2018 - 2032
- 9.2.7.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.2.7.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.2.7.4 Market estimates and forecast by product, 2018 - 2032
- 9.2.7.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.2.8 Mexico
- 9.2.8.1 Market estimates and forecast, 2018 - 2032
- 9.2.8.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.2.8.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.2.8.4 Market estimates and forecast by product, 2018 - 2032
- 9.2.8.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3 Europe
- 9.3.1 Market estimates and forecast, 2018 - 2032
- 9.3.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.6 Germany
- 9.3.6.1 Market estimates and forecast, 2018 - 2032
- 9.3.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.7 UK
- 9.3.7.1 Market estimates and forecast, 2018 - 2032
- 9.3.7.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.7.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.7.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.7.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.8 France
- 9.3.8.1 Market estimates and forecast, 2018 - 2032
- 9.3.8.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.8.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.8.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.8.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.9 Italy
- 9.3.9.1 Market estimates and forecast, 2018 - 2032
- 9.3.9.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.9.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.9.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.9.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.10 Russia
- 9.3.10.1 Market estimates and forecast, 2018 - 2032
- 9.3.10.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.10.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.10.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.10.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.11 Poland
- 9.3.11.1 Market estimates and forecast, 2018 - 2032
- 9.3.11.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.11.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.11.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.11.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.3.12 Spain
- 9.3.12.1 Market estimates and forecast, 2018 - 2032
- 9.3.12.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.3.12.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.3.12.4 Market estimates and forecast by product, 2018 - 2032
- 9.3.12.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4 Asia Pacific
- 9.4.1 Market estimates and forecast, 2018 - 2032
- 9.4.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.6 China
- 9.4.6.1 Market estimates and forecast, 2018 - 2032
- 9.4.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.7 India
- 9.4.7.1 Market estimates and forecast, 2018 - 2032
- 9.4.7.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.7.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.7.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.7.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.8 Japan
- 9.4.8.1 Market estimates and forecast, 2018 - 2032
- 9.4.8.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.8.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.8.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.8.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.9 Australia
- 9.4.9.1 Market estimates and forecast, 2018 - 2032
- 9.4.9.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.9.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.9.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.9.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.10 South Korea
- 9.4.10.1 Market estimates and forecast, 2018 - 2032
- 9.4.10.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.10.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.10.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.10.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.11 Indonesia
- 9.4.11.1 Market estimates and forecast, 2018 - 2032
- 9.4.11.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.11.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.11.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.11.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.4.12 Thailand
- 9.4.12.1 Market estimates and forecast, 2018 - 2032
- 9.4.12.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.4.12.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.4.12.4 Market estimates and forecast by product, 2018 - 2032
- 9.4.12.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.5 Latin America
- 9.5.1 Market estimates and forecast, 2018 - 2032
- 9.5.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.5.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.5.4 Market estimates and forecast by product, 2018 - 2032
- 9.5.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.5.6 Brazil
- 9.5.6.1 Market estimates and forecast, 2018 - 2032
- 9.5.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.5.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.5.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.5.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.6 Middle East & Africa
- 9.6.1 Market estimates and forecast, 2018 - 2032
- 9.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.6.6 Saudi Arabia
- 9.6.6.1 Market estimates and forecast, 2018 - 2032
- 9.6.6.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.6.6.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.6.6.4 Market estimates and forecast by product, 2018 - 2032
- 9.6.6.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.6.7 UAE
- 9.6.7.1 Market estimates and forecast, 2018 - 2032
- 9.6.7.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.6.7.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.6.7.4 Market estimates and forecast by product, 2018 - 2032
- 9.6.7.5 Market estimates and forecast by front industry, 2018 - 2032
- 9.6.8 South Africa
- 9.6.8.1 Market estimates and forecast, 2018 - 2032
- 9.6.8.2 Market estimates and forecast, by composition, 2018 - 2032
- 9.6.8.3 Market estimates and forecast by raw material, 2018 - 2032
- 9.6.8.4 Market estimates and forecast by product, 2018 - 2032
- 9.6.8.5 Market estimates and forecast by front industry, 2018 - 2032
Chapter 10 Company Profiles
- 10.1 BASF SE
- 10.1.1 Business overview
- 10.1.2 Financial data
- 10.1.3 Product landscape
- 10.1.4 Strategic outlook
- 10.1.5 SWOT analysis
- 10.2 Miwon Specialty Chemicals
- 10.2.1 Business overview
- 10.2.2 Financial data
- 10.2.3 Product landscape
- 10.2.4 Strategic outlook
- 10.2.5 SWOT analysis
- 10.3 ALLENEX
- 10.3.1 Business overview
- 10.3.2 Financial data
- 10.3.3 Product landscape
- 10.3.4 Strategic outlook
- 10.3.5 SWOT analysis
- 10.4 DSM N.V.
- 10.4.1 Business overview
- 10.4.2 Financial data
- 10.4.3 Product landscape
- 10.4.4 Strategic outlook
- 10.4.5 SWOT analysis
- 10.5 Hitachi Chemical
- 10.5.1 Business overview
- 10.5.2 Financial data
- 10.5.3 Product landscape
- 10.5.4 Strategic outlook
- 10.5.5 SWOT analysis
- 10.6 Arkema
- 10.6.1 Business overview
- 10.6.2 Financial data
- 10.6.3 Product landscape
- 10.6.4 Strategic outlook
- 10.6.5 SWOT analysis
- 10.7 Eternal Materials
- 10.7.1 Business overview
- 10.7.2 Financial data
- 10.7.3 Product landscape
- 10.7.4 Strategic outlook
- 10.7.5 SWOT analysis
- 10.8 Dymax
- 10.8.1 Business overview
- 10.8.2 Financial data
- 10.8.3 Product landscape
- 10.8.4 Strategic outlook
- 10.8.5 SWOT analysis
- 10.9 IGM
- 10.9.1 Business overview
- 10.9.2 Financial data
- 10.9.3 Product landscape
- 10.9.4 Strategic outlook
- 10.9.5 SWOT analysis
- 10.10 Hitachi Chemical
- 10.10.1 Business overview
- 10.10.2 Financial data
- 10.10.3 Product landscape
- 10.10.4 Strategic outlook
- 10.10.5 SWOT analysis
- 10.11 Jiangsu Sanmu Group
- 10.11.1 Business overview
- 10.11.2 Financial data
- 10.11.3 Product landscape
- 10.11.4 Strategic outlook
- 10.11.5 SWOT analysis
- 10.12 Toagosei Co. Ltd.
- 10.12.1 Business overview
- 10.12.2 Financial data
- 10.12.3 Product landscape
- 10.12.4 Strategic outlook
- 10.12.5 SWOT analysis
- 10.13 Soltech Limited
- 10.13.1 Business overview
- 10.13.2 Financial data
- 10.13.3 Product landscape
- 10.13.4 Strategic outlook
- 10.13.5 SWOT analysis