UV Curable Resins Market (By Applications: Coatings, Inks, Adhesives, and Other Applications; By End-Use, By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 - 2024

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    21 Oct 2022
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Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.



The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.

With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.

Market Overview:

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As per the latest report published by Variant Market Research, Global UV Curable Resins Market is estimated to reach $9,311 million by 2024; growing at a CAGR of 10.2% from 2016 to 2024. UV curing is a method of radiation curing, which enables instant curing or drying of various materials including coatings, inks, and adhesives, among others in fraction of seconds when ultraviolet light is applied to cause photopolymerization. They are specially used as industrial materials for sealing, coating, and bonding. UV is also offered for optical molding as it has high energy density, and thus can concentrate on small spot diameters. Moreover, multifunctional resins retained in such formulations can be broadly classified as oligomers and monomers. With improvements in technology, diverse types of UV curable resins are now presented in the market owing to its advantages such as, low temperature treatment, high productivity, saving energy, and reducing wastes.

The growth of global UV curable resins market is driven by factors such as rising adoption in the electronic and industrial coating segment, and increasing demand for green coatings. Besides, high performance of UV curable resins, and environmental alertness and strict rules have also boosted the market growth. However, huge setting-up cost, and requirement of thermally dry delicate substrates may limit the market. Furthermore, rising growth predictions in packaging, 3D printing, digital printing, printed circuits, and barrier films applications is likely to gain significant impetus during the forecast timeframe.

Application, end-use, and geography are the major segments considered in the global UV curable resins market. On the basis of application, the market is bifurcated into coatings, adhesives, inks, and other applications. While by end-use, the market is further categorized into industrial coatings, electronics, graphic arts, and other end-uses.

Based on geography, global UV curable resins market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW). North America is further bifurcated in U.S., Canada, and Mexico whereas Europe segment consists of UK, Germany, Italy, Sweden, Belgium, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, Taiwan and Rest of Asia-Pacific while RoW is bifurcated into South America, Middle East, and Africa.

The key players profiled in the market include Miwon Specialty Chemical Co., Ltd., Nippon Synthetic Chemical Industry Co., Ltd., Alberdingk Boley GmbH, BASF SE, Allnex Group, Covestro AG, IGM Resins B.V., SolTech Ltd., Eternal Materials Co., Ltd., and Wanhua Chemical Group Co., Ltd., among others.

The key takeaways from the report:
The report will provide detailed analysis of UV Curable Resins Market with respect to major segments such as application, and end-use
The report will include the qualitative and quantitative analysis with market estimation over 2015 - 2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of UV Curable Resins Market has been included in the report
Profile of the key players in the UV Curable Resins Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of the Global UV Curable Resins Market:
Application Segments
Other Applications
End-Use Segments
Industrial Coatings
Graphic Arts
Other End-Uses
Geographical Segments
North America
Rest of Europe
South Korea
Rest of Asia-Pacific
South America
Middle East

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook


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