(MENAFN- PR Newswire) DUBLIN, Aug. 21, 2020 /PRNewswire/ -- The "UV Curable Resins and Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated Oligoamines, Acrylates), Application, Technology and Region - Global Forecasts to 2025" report has been added to ResearchAndMarkets.com's offering.

The global UV curable resins & formulated products market is estimated to be USD 4.2 billion in 2020 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 9.5% from 2020 to 2025.The market is witnessing moderate growth, owing to increasing application, technological advancements, and growing demand for these resins in the Asia Pacific and South America. UV curable resins are largely used in the coating application. The rapid growth of the market is driven by environmental concerns and increasingly stringent regulations. The need to thermally dry sensitive substrates and the high setting-up cost of the UV coatings plant are some of the restraints for the UV curable resins & formulated products market. Coatings application segment is expected to lead the UV curable resins & formulated products market during the forecast period The coatings application segment will continue to lead the UV curable resins & formulated products market, as the physical and chemical properties of the UV chemistry permit excellent gloss and viscosity control, and therefore, the application is easy with minimal or no process issues with VOCs/HAPs. The UV curing technology has outperformed the coatings market growth consistently over a period of time, and have turned out to be an overall sustainable and high growth technology in the coatings industry. This high demand for UV curable coatings is majorly due to its high performance, and excellent environmental & safety profile. Asia Pacific is the largest market for UV curable resins & formulated products Asia Pacific accounted for the largest share of the UV curable resins & formulated products market in 2020. Factors such as evolving environmental & regulatory scenario, increasing consumer awareness (including sensitivity to health and safety), uncertainty about oil price, and pressure from flagship companies willing to improve the environmental performance of their supply chain have led to an increased demand for UV curable resins & formulated products in the Asia Pacific region. Research Coverage The report covers the UV curable resins and formulated products market based on composition, chemistry, application and technology, and region. This study aims at estimating the size and future growth potential of the market across various segmentation types. It also includes an in-depth competitive analysis of the key market players, along with their profiles and key growth strategies.The fatty alcohols market comprises major solution providers, such as Allnex Netherlands B.V. (Germany), Alberdingk Boley GmbH (Germany), BASF SE (Germany), Nippon Gohsei (Japan), DSM-AGI (Netherlands), IGM Resins (Netherlands) and Covestro AG among others. The study includes an in-depth competitive analysis of these key players in the fatty alcohols market, with their company profiles, and key market strategies.

Key Topics Covered

1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 4.1 Attractive Opportunities in the UV Curable Resins and Formulated Products Market4.2 UV Curable Resins and Formulated Products Market, by Composition4.3 UV Curable Resins and Formulated Products Market, by Application, 2019 5 Market Overview 5.1 Introduction5.2 Market Dynamics5.2.1 Drivers5.2.1.1 Environmental Concerns, Growing Awareness, and Stringent Regulations5.2.1.2 High Performance of UV Curable Resin Coatings5.2.2 Restraints5.2.2.1 Need to Thermally Dry Sensitive Substrates5.2.2.2 High Setting-Up Cost5.2.3 Opportunities5.2.3.1 Development of New Technologies5.2.4 Challenges5.2.4.1 Grain Raising in Wooden Substrates5.2.4.2 Environmental Challenges With Regard to Wastewater Discharge5.2.4.3 Finishing Defects Caused by Incomplete Drying5.3 UV Cured Resins & Formulated Products Value Chain5.4 Porter's Five Forces Analysis5.4.1 Bargaining Power of Suppliers5.4.2 Threat of New Entrants5.4.3 Threat of Substitutes5.4.4 Bargaining Power of Buyers5.4.5 Intensity of Competitive Rivalry5.4.6 Impact of COVID-19 on Supply Chain5.4.7 Macroeconomic Indicators5.4.8 Trends and Forecast of GDP5.4.9 Global Electronics Industry and Economic Outlook 6 UV Led Curable Inks & Coatings 6.1 Introduction6.2 Technological Advancements6.2.1 Light Emitting Diode (LED) Lamps6.2.2 Arrays6.2.3 Optics6.2.4 Cooling6.3 UV Led Curing Technology, by Industry6.3.1 Wood6.3.2 Automotive6.3.3 Industrial6.3.4 Printing6.4 Industry Trends 7 UV Curable Resins and Formulated Products Market, by Composition 7.1 Introduction7.2 Oligomers7.2.1 Oligomers Impart Basic Properties in All Applications7.3 Monomers7.3.1 Wide Use of Monomers in Coatings and Inks7.4 Photoinitiators7.4.1 Development of Different Photoinitiators Creating Potentials for New Applications7.5 Additives 8 UV Curable Resins (Oligomers) Market, by Chemistry 8.1 Introduction8.2 Non Acrylates & Oligoamines8.3.1 Epoxy Acrylates8.3.2 Polyether/Polyester Acrylates8.3.3 Urethane Acrylates 9 UV Curable Resins and Formulated Products Market, by Application 9.1 Introduction9.2 Coatings9.2.1 Increasing Demand for UV Curable Resins in the Flexible Packaging Industry9.3 Overprint Varnish9.3.1 High Demand for Producing Quality Food Packaging System9.4 Printing Inks9.4.1 Multiple Benefits of UV Inks Over Other Inks Benefits of UV Inks9.5 Adhesives9.5.1 Increasing Production Efficiency and Popularity of UV Adhesives9.6 3D Printing9.6.1 Increasing Demand for 3D Printing from Various Industries9.7 Others 10 UV Curable Resins & Formulated Products Market, by Technology 10.1 Introduction10.2 Solventborne UV Resins10.2.1 Wide Use in Automotive Coatings10.3 100% Solids UV Resins10.3.1 Durable, Cost-Effective and Less Harmful to the Environment10.4 Waterborne UV Resins10.4.1 Easy to Use, Environment Friendly, and Cost Effective10.5 Powder UV Resins10.5.1 Eco-Friendly Process Drives the Growth of the Market in this Segment 11 UV Curable Resins and Formulated Products Market, by Region 11.1 Introduction11.2 North America11.3 APAC11.4 Europe11.5 South America11.6 Middle East & Africa 12 Competitive Landscape 12.1 Overview12.2 Market Ranking Analysis12.3 Competitive Scenario12.3.1 Mergers & Acquisitions12.3.2 Agreements & Joint Ventures12.3.3 New Product Development 13 Company Profiles 13.1 Allnex Netherlands B.V.13.1.1 Business Overview13.1.2 Products Offered13.1.3 Recent Developments13.1.4 SWOT Analysis: Allnex Netherlands B.V.13.1.5 Winning Imperatives13.1.6 Current Focus and Strategies13.1.7 Threat from Competition13.1.8 Allnex's Right to Win13.2 Alberdingk Boley GmbH13.3 BASF SE13.4 DSM-AGI Corporation13.5 Covestro AG13.6 Wanhua Chemical Group Co. Ltd.13.7 Miwon Specialty Chemical Co. Ltd.13.8 Hitachi Chemical Company Ltd.13.9 IGM Resins13.10 Other Companies13.10.1 Siltech Corporation13.10.2 Nissan Chemical Industries, Ltd.13.10.3 BYK-Chemie GmbH13.10.4 Deuchem Co. Ltd.13.10.5 Eternal Chemical Co. Ltd13.10.6 Toagosei Co. Ltd.13.10.7 Sartomer Usa LLC13.10.8 Jiangsu Sanmu Group Corporation13.10.9 Soltech Ltd.13.10.10 CBC Co. Ltd.13.10.11 Nagase Chemtex Corporation13.10.12 Rahn AG

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