UV-Cured Resins: Technologies and Global Markets
The global market for ultraviolet cured resins reached $2.9 billion in 2014. This market is projected to reach $4.6 billion in 2020 from nearly $3.1 billion in 2015 increasing at a compound annual growth rate (CAGR) of 8.7% for the period 2015-2020.
The coatings application segment is expected to grow from $1.3 billion in 2015 to $2.0 billion at a CAGR of 8.8% for the period 2015-2020.
Inks as a segment is expected to grow from $763.9 million in 2015 to nearly $1.2 billion in 2020 at a CAGR of 9.2% for the period 2015-2020.