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The report "UV Curable Resins & Formulated Products Market by Composition, by Application, by Chemistry, Application by Composition, and by Region - Global Forecast to 2021", The global UV curable resins market is projected to reach USD 3.05 Billion by 2021, registering a CAGR of 8.12% from 2016 to 2021. Increasing stringent regulations on VOC emissions have led to the development of eco-friendly technologies such as 100% UV and waterborne UV to replace solvent-borne UV. The high performance owing to superior mechanical properties of UV curable resins further drives their demand.
Uv curable resins & formulated products market
UV Curable Resins & Formulated
by Type ,Application - & by Region Global
Trends & Forecast to 2021
UV Curable Resins & Formulated Products Market by
Composition, by Application, by Chemistry, Application by
Composition, and by Region - Global Forecast to 2021
The global UV curable resins & formulated products market is
projected to reach USD 3.05 Billion by 2021, registering a CAGR of
8.12% from 2016 to 2021
PDF Brochure :
Non-acrylate & oligoamines and epoxy acrylates are the
major oligomer chemistries in the UV curable resins
Non acrylated & oligoamines are oligomers which are used
for free-radical curing of coatings, inks, and adhesives.
Epoxy acrylates are one of the most commonly used UV
oligomers. Fast curing, good chemical resistance, high gloss,
and relatively low cost are the advantages of epoxy
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Industrial coatings represent the bulk of the demand for UV curable formulated products
With legislators seeking to reduce solvent emissions from coating processes through laws
such as the Solvent Emissions Directive (SED) and the Decopaint Directive (DPD), there is a
significant trend toward the use of more environmentally friendly industrial coating
systems. As a result, UV curing systems are becoming increasingly important.
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Asia-Pacific is estimated to account for the highest CAGR during the forecast period
Asia-Pacific is the largest market for UV curable formulated products, both in terms of
volume and value, followed by Western Europe and North America. China, the U.S., and
Japan & Korea are the largest consumers of UV curable formulated products. 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 wanting to improve their environmental performance of their supply
chain have all led to increasing demand of UV curable formulated products in the Asia-
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Key Player :
Key players in the UV curable resins market
The key players in the global market include Allnex Belgium S/A (Belgium),
Alberdingk Boley GmbH (Germany), Royal DSM N.V. (Netherlands), BASF SE
(Germany), Covestro (Formerly Bayer MaterialScience) (Germany), Nippon
Gohsei (Japan), Jiangsu Sanmu Group Corporation (China), Wanhua Chemical
Group Co. (China), Dymax Corporation (U.S.), Eternal Chemical Co. (Taiwan),
Hitachi Chemical Company Ltd. (Japan), IGM Resins (Netherlands), Sartomer
USA LLC (U.S.), and Miwon Specialty Chemical Co. Ltd. (Korea).
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