Selbyville, Delaware, The Global UV Curable Resins Market Research Report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope and application of this report.
Ship building is anticipated to grow over by 9.5% by the end of the analysis time period. Epoxy coatings are utilized in shipbuilding and for maintenance & repairs of various parts of the ship like ballast tanks, cargo tanks, decks, topsides, superstructures, and underwater hulls. In addition, they offer a long-lasting overcoat, provide exceptional resistance against corrosion, and can be easily recoated.
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The UV curable resins market is anticipated to record a significant growth rate over the coming years owing to ongoing technological advancements and the producta??s superior physical properties and chemical resistance. Most of the UV curable resins are commercially available which includes polyethers, silicones, urethanes, epoxies, and polyesters.
These resins are utilized in a wide range of applications across the coating, adhesive, and ink industry. Owing to features such as ease of application, high productivity, as well as low impact on the environment, UV curable resins have become the most preferred resin systems in the market today.
The overall UV curable resins market is segmented in terms of raw material, product, composition, front industry, and regional landscape.
Based on raw material, the UV curable resins market is classified into urethane acrylates, polyester acrylates, epoxy acrylates, and others. The epoxy acrylates segment is anticipated to grow over 9.9% over the forecast timeframe. These resins are considered exceptionally good owing to good chemical & abrasion resistance, flexibility, hardness, and durability.
Owing to their excellent physical properties, these resins are employed in numerous applications such as furniture coatings & primers for multilayering the coatings on plastic as well as metal surfaces, and flooring top coatings and sealings.
The urethane acrylates segment represents an overall industry share of 23.6% and will continue to witness a favorable growth trends over the coming years. The others segment is estimated to grow over 7.6% by the end of the analysis period.
With respect to product, the UV curable resins market is categorized into inks, adhesives, industrial coatings, and others. Among these, inks segment holds a share of 22.4%. The others segment is likely to grow over by 9.1% over the forthcoming time period.
In terms of front industry, the overall UV curable resins market is bifurcated into plastic & packaging, graphic arts, electronics, ship building, wood industry, automotive, and others. Among these, wood industry holds share of over 28.5% and is likely to witness considerable gains owing to the rising demand for furniture across the globe.
Graphic arts segment currently holds a share of over 25.1% and will continue to show appreciative growth. Electronics segment is expected to grow over 8.9% by the end of the analysis timeline.
From a regional frame of reference, Asia Pacific UV curable resins market is projected to grow over 9.1% by the end of the analysis period. Middle East & Africa UV curable resins market presently holds a share of over 7% and will continue to exhibit appreciative growth.
Some of the Major Highlights of TOC covers:
UV Curable Resins Regional Market Analysis
- UV Curable Resins Production by Regions
- Global UV Curable Resins Production by Regions
- Global UV Curable Resins Revenue by Regions
- UV Curable Resins Consumption by Regions
UV Curable Resins Segment Market Analysis (by Type)
- Global UV Curable Resins Production by Type
- Global UV Curable Resins Revenue by Type
- UV Curable Resins Price by Type
UV Curable Resins Segment Market Analysis (by Application)
- Global UV Curable Resins Consumption by Application
- Global UV Curable Resins Consumption Market Share by Application
UV Curable Resins Major Manufacturers Analysis
- UV Curable Resins Production Sites and Area Served
- Product Introduction, Application and Specification
- UV Curable Resins Production, Revenue, Ex-factory Price and Gross Margin
- Main Business and Markets Served
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