The report “UV-Curable Resins Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated Oligoamines, Acrylate Oligomers), Application, Technology, End-use Industry and Region – Global Forecast to 2029″, size is expected to reach USD 9.31 billion in 2029 from USD 6.48 billion in 2024, at a CAGR of 7.5% from 2024 to 2029. The demand for UV-curable resins is driven by growing investments, rising advancement in technologies, growing applications, and increasing focus on sustainability. UV-curable resins have been increasingly adopted in various end-use industries due to growing focus on minimizing volatile organic compounds emission. UV-curable resins provide eco-friendly alternative to other traditional thermal curing methods that enables manufacturers to get align with global sustainable goals. Stricter environmental laws about emissions are promoting the usage of UV-curable resins across the world.
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• 395 Market data Tables
• 73 Figures
• 303 Pages and in-depth TOC on “UV-Curable Resins Market – Global Forecast to 2029″
• 73 Figures
• 303 Pages and in-depth TOC on “UV-Curable Resins Market – Global Forecast to 2029″
Some of the prominent key players are:
- Allnex Netherlands B.V. (Germany),
- BASF SE (Germany),
- Alberdingk Boley GmbH (Germany),
- Covestro AG (Germany),
- Wanhua Chemical Group Co., Ltd. (China),
- Miwon Specialty Chemical Co., Ltd. (South Korea), and many more….
Opportunity: Growing demand for UV-curable inks
UV-curable inks are gaining popularity for wide format printers. These inks are specially formulated, and once printed onto a substrate, they are dried on the surface with intense UV light. Instead of heat, UV light dries the ink, which only takes a split second. UV-curable inks are particularly useful for printing onto various substrates with reduced drying times and high-quality finishes. It is used for creating labels or packaging items, for creating signage and digital graphics on a typical and unusual substrate, and to print high-quality digital images onto a variety of personalized items such as glass bottles, phone cases, golf balls, and keyrings. The demand for UV-curable inks is due to their instant curing, high print quality, stability, adhesion, scratch resistance, light fastness, color density, and no VOCs. Ongoing R&D for new formulations along with customized solutions opens up more further opportunities for producers as they can focus on catering to various niche markets.
