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Global UV Cured Resin Market Forecast 2017-2024

February 2017 | 165 pages | ID: GF160047912EN
Inkwood Research

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KEY FINDINGS

The global UV cured resin is projected to grow at a CAGR of 8.98% during the forecast period 2017 to 2024. UV curable resin is a special resin which is chemically active towards UV radiation. The technological advancements in the chemical curing market and its growth are primary driving factors responsible for the market growth of global UV cured resin.

MARKET INSIGHTS

The UV cured resin market is segmented into Mode of application, Compositions, End-users and Geography. The UV cured resin mode of application market is segmented into Adhesives, Pre-Coated Gaskets Market, Masking materials, and Inks. The UV cured resin composition market is segmented into Photoinitiators, Oligomers, and Monomers. The UV cured resin end-user market is segmented into Packaging Market, Graphic Arts Market, Industrial Coating Market, Healthcare Market, Electronics Market and Others. The UV cured resin market by geography is segmented into North America, Europe, Asia-Pacific, Middle East & Africa and Latin America.

The growing demand for UV cured resin in the printing industry, improved performance, eco-friendly coating, technological advancements, rapid industrialization in the Asia-Pacific regions and the growing demand from Electronics market are some of the major drivers for the growth of UV cured resin market. The major market restraints for the growth of UV cured resin market are high cost and pricing and the limitations of applications. The advancements in the industries of polyester acrylates and epoxy contributed to the development of UV cured resin market by creating significant opportunities for the technological developments in UV cured resin industry.

COMPETITIVE INSIGHTS

The major leading players of the global UV cured resin market are DSM-AGI Corporation, DymaxCorp, Allnex Belgium SA, Eternal Materials CO. LTD., Hitachi Chemical CO LTD, JiangsuLitian Technology CO. LTD, IGM Resins B.V, Miwon Specialty Chemicals CO. LTD., JiangsuSanmu Group Corporation, BASF SE (BadischeAnilin und Soda Fabrik) and Sartomer USA LLC.
1. RESEARCH SCOPE

1.1. STUDY GOALS
1.2. SCOPE OF THE MARKET STUDY
1.3. WHO WILL FIND THIS REPORT USEFUL?
1.4. STUDY AND FORECASTING YEARS

2. RESEARCH METHODOLOGY

2.1. SOURCES OF DATA
  2.1.1. SECONDARY DATA
  2.1.2. PRIMARY DATA
2.2. TOP DOWN APPROACH
2.3. BOTTOM-UP APPROACH
2.4. DATA TRIANGULATION

3. EXECUTIVE SUMMARY

4. MARKET OVERVIEW

4.1. DRIVERS
  4.1.1. ECO-FRIENDLY COATING ARE GAINING POPULARITY
  4.1.2. GROWING DEMAND FOR ULTRAVIOLET CURED RESIN IN PRINTING
  4.1.3. IMPROVED PERFORMANCE
  4.1.4. TECHNOLOGICAL INNOVATIONS
  4.1.5. RAPID INDUSTRIALIZATION IN ASIA PACIFIC
  4.1.6. GROWING DEMAND FROM ELECTRONICS MARKET
4.2. RESTRAINT
  4.2.1. APPLICATION LIMITATION
  4.2.2. HIGH COST
  4.2.3. UNATTRACTIVE PRICE IN A COMPETITIVE MARKETS
4.3. OPPORTUNITIES
  4.3.1. 3D PRINTING MATERIAL MARKET
  4.3.2. DEVELOPMENTS IN THE FIELD OF EPOXY AND POLYESTER ACRYLATES
  4.3.3. DEVELOPING ECONOMIES: AN EMERGING MARKET OPPORTUNITY
4.4. CHALLENGES
  4.4.1. LOW EXPORT DEMAND AND FLUCTUATING CRUDE OIL PRICE
  4.4.2. ADVERSE HEALTH EFFECTS ASSOCIATED WITH UV RADIATION EXPOSURE
  4.4.3. DECLINING INDUSTRIALIZATION IN EUROPE

5. BY MODE OF APPLICATION

5.1. ADHESIVES MARKET
5.2. MASKING MATERIALS
5.3. INKS MARKET
5.4. PRE-COATED GASKETS MARKET

6. BY END USERS

6.1. PACKAGING MARKET
6.2. GRAPHIC ARTS MARKET
6.3. INDUSTRIAL COATING MARKET
6.4. HEALTHCARE MARKET
6.5. ELECTRONICS MARKET
6.6. OTHERS

7. BY COMPOSITIONS

7.1. PHOTOINITIATORS MARKET
7.2. OLIGOMERS MARKET
7.3. MONOMERS MARKET

8. KEY ANALYTICS

8.1. TECHNOLOGIES AND GLOBAL MARKETS OUTLOOK
  8.1.1. MARKET SEGMENTATION ANALYSIS
    8.1.1.1. BY MODE OF APPLICATIONS
    8.1.1.2. BY END USER
8.2. TECHNOLOGIES AND GLOBAL MARKETS VALUE CHAIN ANALYSIS
  8.2.1. MANUFACTURERS
  8.2.2. SUPPLIERS
  8.2.3. END USERS
  8.2.4. APPLICATIONS

9. REGIONAL OUTLOOK

9.1. NORTH AMERICA
  9.1.1. U.S.
  9.1.2. CANADA
9.2. EUROPE
9.3. ASIA PACIFIC
  9.3.1. ASIA-PACIFIC MARKET ESTIMATES AND FORECAST 2017-2024
  9.3.2. ASIA-PACIFIC MARKET ESTIMATES AND FORECAST BY APPLICATION
    9.3.2.1. INDIA
      9.3.2.1.1. INDIA MARKET ESTIMATES AND FORECAST 2017-2024
      9.3.2.1.2. INDIA MARKET ESTIMATES AND FORECAST BY APPLICATION
    9.3.2.2. AUSTRALIA
      9.3.2.2.1. AUSTRALIA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
    9.3.2.3. CHINA
      9.3.2.3.1. CHINA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
      9.3.2.3.2. CHINA MARKET ESTIMATES AND FORECAST BY APPLICATION 2017-2024 ($ BILLION)
    9.3.2.4. JAPAN
      9.3.2.4.1. JAPAN MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
9.4. MIDDLE EAST & AFRICA
9.5. LATIN AMERICA

10. COMPETITIVE LANDSCAPE

10.1. BASF SE
  10.1.1. OVERVIEW
  10.1.2. BASF SE PRODUCTS PORTFOLIO
  10.1.3. STRATEGIC MOVES
  10.1.4. SCOT ANALYSIS
10.2. ALLNEX BELGIUM SA
  10.2.1. OVERVIEW
  10.2.2. ALLNEX PRODUCTS PORTFOLIO
  10.2.3. STRATEGIC MOVES
  10.2.4. SCOT ANALYSIS
10.3. DSM-AGI CORP
  10.3.1. OVERVIEW
  10.3.2. DSM-AGI CORP PRODUCTS PORTFOLIO
  10.3.3. SCOT ANALYSIS
10.4. DYMAX CORP
  10.4.1. OVERVIEW
  10.4.2. DYMAX CORP PRODUCTS PORTFOLIO
  10.4.3. SCOT ANALYSIS
10.5. ETERNAL MATERIALS CO. LTD.
  10.5.1. OVERVIEW
  10.5.2. ETERNAL MATERIALS CO. LTD. PRODUCTS PORTFOLIO
  10.5.3. SCOT ANALYSIS
10.6. HITACHI CHEMICAL CO LTD
  10.6.1. OVERVIEW
  10.6.2. SCOT ANALYSIS
10.7. IGM RESINS B.V
  10.7.1. OVERVIEW
  10.7.2. IGM RESINS B.V PRODUCTS PORTFOLIO
  10.7.3. SCOT ANALYSIS
10.8. JIANGSU LITIAN TECHNOLOGY CO. LTD
  10.8.1. OVERVIEW
  10.8.2. JIANGSU LITIAN TECHNOLOGY CO. LTD PRODUCTS PORTFOLIO
  10.8.3. SCOT ANALYSIS
10.9. JIANGSU SANMU GROUP CORPORATION
  10.9.1. OVERVIEW
  10.9.2. JIANGSU SANMU GROUP CORPORATION PRODUCTS PORTFOLIO
  10.9.3. SCOT ANALYSIS
10.10. MIWON SPECIALTY CHEMICALS CO. LTD.
  10.10.1. OVERVIEW
  10.10.2. MIWON SPECIALTY CHEMICALS CO. LTD PRODUCTS PORTFOLIO
  10.10.3. SCOT ANALYSIS
10.11. SARTOMER USA LLC
  10.11.1. OVERVIEW
  10.11.2. SARTOMER USA LLC PRODUCTS PORTFOLIO
  10.11.3. SCOT ANALYSIS

LIST OF TABLES

TABLE 1 UV CURED RESIN PROPERTIES AND THEIR APPLICATIONS
TABLE 2 GOVERNMENT REGULATIONS FOR EMISSION OF VOC IN VARIOUS REGIONS.
TABLE 3 VARIOUS TECHNOLOGICAL INNOVATIONS IN THE UV CURED RESIN MARKET
TABLE 4 ADVANTAGES OF EPOXIES AND LED TECHNOLOGY POSSESSED IN UV-LED-CURING EPOXY ADHESIVES
TABLE 5 BENEFITS OF UV CURED ADHESIVES
TABLE 6 COAT ANALYSIS BETWEEN WAX AND UV MASKING RESIN FOR PLATTING APPLICATION
TABLE 7 BENEFITS OF UV PRINTING
TABLE 8 UV CURED RESIN: TECHNOLOGIES AND GLOBAL MARKETS BY END-USER 2017-2024 ($ BILLION)
TABLE 9 ELECTRONIC INDUSTRY PRODUCTS
TABLE 10 INDUSTRY ACTIVITIES
TABLE 11 BENEFITS OF UV CURED RESIN FOR ELECTRONIC INDUSTRIES
TABLE 12 UV CURED RESIN: TECHNOLOGIES AND GLOBAL MARKETS BY COMPOSITION 2017-2024 ($ BILLION)
TABLE 13 KEY MANUFACTURERS IN UV CURED RESIN MARKET AND THEIR STRATEGIES TO STAY AHEAD IN THE COMPETITION
TABLE 14 NORTH AMERICA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
TABLE 15 EUROPE MARKET ESTIMATES AND FORECAST BY REGION 2017-2024 ($ BILLION)
TABLE 16 ASIA-PACIFIC MARKET ESTIMATES AND FORECAST BY REGION 2017-2024 ($ BILLION)

LIST OF FIGURES

FIGURE 1 GLOBAL UV CURED RESIN MARKET 2017-2024 ($ MILLION)
FIGURE 2 UV CURED RESIN HAVE MULTIPLE APPLICATIONS
FIGURE 3 BRIC CONSUMER’S EXPENDITURE ON CONSUMER ELECTRONICS IN 2013
FIGURE 4 WORLD EXPORTS OF ELECTRONICS GOODS ($ BILLION AT CURRENT PRICES AND CURRENT EXCHANGE RATES)
FIGURE 5 INDUSTRIAL GROSS VALUE ADDED IN THE EU BY INDIVIDUAL COUNTRIES IN 2012
FIGURE 6 UV CURED RESIN: TECHNOLOGIES AND GLOBAL MARKETS BY MODE OF APPLICATION 2017-2024 ($ BILLION)
FIGURE 7 WORLD DEMAND FOR ADHESIVES 2015
FIGURE 8 GLOBAL UV CURED RESIN: ADHESIVES MARKET 2017-2024
FIGURE 9 PERCENTAGE DISTRIBUTIONS OF GLOBAL MASKING MATERIALS BY END USERS MARKET 2015
FIGURE 10 GLOBAL UV CURED RESIN: MASKING MATERIAL MARKET 2017-2024 ($ BILLION)
FIGURE 11 UV CURABLE MASKING RESIN PERCENTAGE DISTRIBUTION 2015.
FIGURE 12 AVERAGE DAILY NEWSPAPER CIRCULATION COMPARISON BETWEEN INDIA, CHINA, AND ROW, 2021
FIGURE 13 GLOBAL UV CURED RESIN: INKS MARKET 2017-2024 ($ BILLION)
FIGURE 14 TYPES OF UV-CURABLE INKS
FIGURE 15 GLOBAL UV CURED RESIN: PRECOATED GASKETS MARKET 2017-2024 ($ BILLION)
FIGURE 16 GLOBAL PACKAGING SALES, 2018
FIGURE 17 GLOBAL UV CURED RESIN: PACKAGING MARKET 2017-2024 ($ BILLION)
FIGURE 18 GLOBAL 3D PRINTING INDUSTRY FORECAST 2014-2020 ($ BILLION)
FIGURE 19 GLOBAL UV CURED RESIN: GRAPHIC ARTS MARKET 2017-2024 ($ BILLION)
FIGURE 20 GLOBAL UV CURED RESIN: INDUSTRIAL COATING MARKET 2017-2024 ($ BILLION)
FIGURE 21 GLOBAL HEALTHCARE INDUSTRY MARKET GROWTH IN US$ TRILLION 2013-2015
FIGURE 22 TOTAL HEALTHCARE EXPENDITURE FROM PUBLIC SECTOR FOR G7 COUNTRIES, 2014
FIGURE 23 GLOBAL UV CURED RESIN: HEALTHCARE MARKET 2017-2024 ($ BILLION)
FIGURE 24 GLOBAL UV CURED RESIN: ELECTRONICS MARKET 2017-2024 ($ BILLION)
FIGURE 25 GLOBAL UV CURED RESIN: OTHERS MARKET 2017-2024 ($ BILLION)
FIGURE 26 GLOBAL UV CURED RESIN: PHOTOINITIATORS MARKET 2017-2024 ($ BILLION)
FIGURE 27 GLOBAL UV CURED RESIN: OLIGOMERS MARKET 2017-2024 ($ MILLION)
FIGURE 28 GLOBAL UV CURED RESIN: MONOMERS MARKET 2017-2024 ($ MILLION)
FIGURE 29 GLOBAL UV CURED RESIN MARKET BY APPLICATION, 2016 & 2024
FIGURE 30 GLOBAL UV CURED RESIN MARKET BY END USE IN 2016 & 2024
FIGURE 31 UV CURED RESIN MARKET SHARE BY INDUSTRY
FIGURE 32 U.S. MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 33 NORTH AMERICA PACKAGING INDUSTRY 2016
FIGURE 34 U.S. UV MARKET BY SEGMENT
FIGURE 35 CANADA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 36 EUROPE FOOD PACKAGING MARKET SHARE
FIGURE 37 WOOD COATING MARKET SHARE IN EUROPE
FIGURE 38 INDIA UV CURED MARKET ESTIMATES AND FORECAST 2017-2024($ MILLION)
FIGURE 39 AUSTRALIA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 40 CHINA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 41 ADHESIVE REVENUE BREAKDOWN OF END USER INDUSTRY OF CHINA, 2014
FIGURE 42 CHINA SHARE IN GLOBAL AUTOMOTIVE MARKET
FIGURE 43 JAPAN MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 44 MIDDLE EAST & AFRICA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)
FIGURE 45 MIDDLE EAST AND AFRICA UV CURED RESIN MARKET BY END-USER, 2014
FIGURE 46 LATIN AMERICA MARKET ESTIMATES AND FORECAST 2017-2024 ($ BILLION)


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