The global UV curable resin market was valued at $4,745.6 million in 2018 and is estimated to reach $9,769.7 million by 2026, growing at a CAGR of 9.4% from 2019 to 2026.
2. 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
3. Introduction:
The global UV curable resin market was valued at $4,745.6 million in 2018 and is
estimated to reach $9,769.7 million by 2026, growing at a CAGR of 9.4% from 2019
to 2026. UV-curable resin is a material polymerized and cured through energy
radiated from ultraviolet devices. These resins are used as raw materials in sealing,
bonding, and coating. They find their major application in manufacturing coatings,
as they offer enhanced chemical resistance and fast curing time. For instance, UV
curing aids in the formulation of solvent-free lacquer coatings, owing to
implementation of stringent government regulations toward emission of volatile
organic compounds (VOCs).
4. Segment Review
The UV curable resin market is segmented based on resin type, application, and
region. On the basis of resin type, the global UV curable resin market is categorized
into acrylated epoxies acrylated polyesters, acrylated urethanes, acrylated
silicones, and others. The applications covered in the study include coating,
packaging, printing, adhesives & sealants, and others. Region wise, the market is
analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific holds
more than 30% of UV curable resin market share.
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6. Key Benefits for UV curable resin
market:
• Porter’s five forces analysis helps to analyze the potential of buyers & suppliers and
the competitive scenario of the UV curable resin industry for strategy building.
• It outlines the current trends and future scenario of the UV curable resin market size
from 2019 to 2026 to understand the prevailing opportunities and potential
investment pockets.
• Major countries in the region have been mapped according to their individual
revenue contribution in the market size.
• The key drivers, restraints, and opportunities and their detailed impact in the UV
curable resin market analysis are elucidated in the study.
• The profiles of key players along with their key strategic developments in the UV
curable resin market growth are enlisted in the analysis.
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