The Global UV Cured Resins Market Report is a compilation of comprehensive research studies of various aspects of the UV Cured Resins Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global UV Cured Resins market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global UV Cured Resins market and how they will evolve in the years to come.
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In terms of revenue, global UV cured resins market was valued at US$ 3662.24 Mn in 2022 and is anticipated to reach US$ 7892.70 Mn in 2030, growing at a CAGR of 8.9% over the forecast period (2022-2030). Key Players: ALLNEX NETHERLANDS B.V, Arkema Group, BASF SE, Chase Corp, Covestro AG, DIC CORPORATION, DSM, Dymax, Epoxies Etc, Eternal Materials Co.,Ltd, Heraeus Holding, IGM Resins B.V, Jiangsu Sanmu Group, Master Bond Inc., Mitsubishi Chemical Corporation, NIPPON GOHSEI (USA) Co., Ltd, NITTO DENKO CORPORATION, Panacol-Elosol GmbH, Showa Denko Materials Co., Ltd., SOLTECH LTD., ThreeBond Europe SAS, TOAGOSEI CO., LTD, and other market participants.
UV cured resins are materials that are polymerized and cured within a short span of time by the energy radiated from ultraviolet irradiation devices. These resins are especially used in various industrial applications for sealing, bonding, and coating and printing amongst others. Growing demand for less time-consuming coating materials and adhesives is driving the growth of the global UV cured resins market. When the coating is exposed to UV rays or lamps, the mixed resins takes an average of 1 to 2 minutes to harden up, thereby reducing the overall production time across various industries. The UV cured resins are also available in various forms such as solventborne resins, waterborne resins and powder resins amongst others. This enables the end users to select the preferred form according to their specific requirement thus, offering ease in their application. For instance, ALLNEX NETHERLANDS B.V., offers water-based UV cured resins for wide array of applications in paint & coatings sector such as primer, sealants, hard and top coatings for external and internal uses. Thus, the wide application of the material is proliferating the growth of the global UV cured resins market.
The outbreak of the corona virus is expected to positively influence the growth of global UV cured resins market. UV cured resins showcases widespread applications across wearable diagnostic and therapeutic devices. The pandemic has led to significant increase in the demand of disposable medical devices, wherein the choice of specific sealant, adhesive and coatings are of prime importance. For instance, UV curables are among the selected variants used across different disposable medical devices, based on the type of sterilization resistance and the specific type of medical device. UV curables are also identified as among the most popular choice of adhesive for high-volume applications, such as that of disposable devices. Hence, accelerating demand for medical devices within the prevalent health crisis situation is expected to influence the growth of the global UV cured resins market over the forecast period.
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Global UV Cured Resins Market:
- By Component
- Monomers
- Oligomers
- Photo-Polymerization Initiator
- Others
- By Type
- Acrylate Radical Polymerization
- Acrylated Epoxies
- Acrylated Urethanes
- Acrylated Silicone
- Acrylated Polyesters
- Epoxy Cationic Polymerization
- By Form
- Solventborne Resins
- Waterborne Resins
- Powder Resins
- By Application
- Coatings
- Adhesives
- Printing Inks
- Others
- By End Use Industry
- Medical
- Catheters
- IV Delivery Systems
- Syringes
- Endoscopes
- Cannulae
- Blood Filters & Packing
- Respiratory Masks
- Face Shields
- Arterial Locators
- Tubing Drainage Sets
- Angioplasty Accessories
- Blood Oxygenators and Extracorporeal Membrane Oxygenation (ECMO)
- Hearing Aids
- Blood Test Strips
- Transdermal Drug Delivery System
- Dialysis Machines
- Connectors
- Others
- Automotive
- Headlamp Lenses
- Lighting Reflector Housings
- Acrylic Tail Lens
- Exterior Body Components
- Vehicle Electronics
- Gasketing Components
- Under-Hood Components
- Electric Vehicles
- EV Battery Packs/Battery Management Systems (BMS)
- Advanced Driver Assistance Systems (ADAS)
- Communication & Infotainment
- Vibration Control and Sound Insulation Components
- Others
- Coatings in Autonomous Vehicles
- Valve Covers and Shock Absorbers
- Engine Blocks and Motor Housings
- Wheels
- Others
- Telecommunications
- LiDar Technology
- Building & Construction
- Interior & Exterior Decorations
- Flooring
- Joinery & Façade
- Concrete Constructions
- Others
- Consumer Goods
- Vending Machines
- Electrical Fans
- Hot Water Heaters
- Washing Machine Tops and Lids
- Cookware and Grills
- Freezer Cabinets
- Sports Equipment
- Others
- Marine & Container Coatings
- Equipment
- Heavy Construction Equipment
- Lawn and Garden Equipment
- Others
- Furniture
- Wooden Furniture
- Metal Furniture
- Plastic and Chemicals
- Paper and Packaging
- Cans & Containers
- Flexible Packaging
- Papers & Board
- Others
- Printing
- Glass and Metals
- Others
- By Distribution Channel
- Direct
- Indirect
- By Region
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
- North America
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