Uv-Cured Resins: Technologies and Global Market Size, Share, Outlook and Forecast 2022 : Brisk Insights

According to a recently published report, the UV-Cured Resins: Technologies and Global Markets is expected to witness the CAGR of around 9.0% during 2015-2022. The UV-Cured Resins: Technologies and Global Markets is segmented on the basis of mode of application, end user, composition and geography. The report on UV-Cured Resins: Technologies and Global Markets forecast, 2015-2022 (by mode of application, end user, composition and geography) provides detailed overview and predictive analysis of the market.

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Rapid industrialization in emerging markets of Latin America and Asia Pacific have been fueling coatings demand which in turn is leading to fuel UV curable resins market growth. Furthermore, increasing demand of inks, particularly printing inks, is projected to have a positive impact on the global market growth. Other factors leading the growth of the global market comprise increasing demand from electronics market and stringent government regulations on emission norms.

The following factors hinder the market growth: issues pertaining to health effects associated with UV radiation exposure, limited application and non-attractive competitive pricing. Increasing penetration in various applications like 3D printing, field coatings, coil coatings, etc. and countries with substantial potential and low production capabilities are the major upcoming opportunities in the market.

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Most of the companies are shifting their operational capabilities to Asia Pacific region in order to cater to the growing demand. Some of the companies of the industries are Allnex Belgium S.A., DSM-AGI Corporation, Dymax Corporation, Eternal Materials Co. Ltd., BASF SE, Sartomer, Jiangsu Litian Technology Co. Ltd., Hitachi Chemical Company Ltd., IGM Resins B.V., Jiangsu...