UV-Curable Resins Market

The UV-curable resins market is projected to grow from USD 6.48 billion in 2024 to USD 9.31 billion by 2029, at a CAGR of 7.5% during the forecast period.

UV-curable resins refer to the materials that undergoes rapid curing process after getting exposed to ultraviolet light. These resins have wide applications in multiple end-use industries due to their environmental benefits along with efficiency. UV-curable resins are getting highly favored due to their rapid curing time and enhanced performance characteristics. UV-curable resins are one of the key innovations especially in coatings application and have been influenced by stringent regulations set and adopted by authorities, such as European Union. Automotive, medical, architecture and several end-use industries are adopting 3d printing solutions aiming to improve the manufacturing strategies and designs. 3d printing technology is expected to do further advancements in printing methods and printers. UV-curable resins are used in various industries including wood & furniture, electrical & electronics, automotive, paper & packaging, building & construction, industrial, and many others.

To know about the assumptions considered for the study download the pdf brochure

UV Curable Resins Companies

The major players active in the UV-curable resins market are based in Europe, Asia Pacific, and North America region. 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), IGM Resins (Netherlands), DIC Corporation (Japan), Arkema (France), Resonac Holdings Corporation (Japan), Threebond International, Inc. (US), Toagosei Co., Ltd. (Japan),  Rternal  Materials Co., Ltd. (Taiwan), Dexerials Corporation (Japan), and Nissan Chemical Corporation (Japan) are among a few leading players operating in the UV-curable resins market.

Many of the key players have been implementing various growth strategies to solidify their market presence and position. These strategies encompass product launches, partnerships, contracts, mergers and acquisitions, and new product development activities, all aimed at enhancing their presence in the UV-curable resins market.

Alberdingk Boley GmbH (Germany)

Alberdingk Boley GmbH is one of the largest European producers of water-based dispersions, biobased dispersions, castor oil, linseed oil, and its derivatives for paints & coatings, adhesives, varnishes, building protection, and printing inks. It offers water-based polymer dispersions, water-based polyurethane dispersions, water-based acrylate dispersions, solvent-free polyurethane dispersions, solvent-free polyurethane/ acrylate hybrid dispersions, water-based polyurethane & acrylate dispersions, water-based UV-curable dispersions, VOC-free polyols & hydroxyl functional acrylates, and derivatives. Other than Europe, the company has its production and development center spread across North America and Asia region.

Covestro AG (Germany)

Covestro AG, the parent company of Covestro Group, is one of the leading global suppliers of high-tech polymer materials and application solutions. The company operates its business under two reportable segments: namely Performance Materials and Solutions & Specialties. It offers wide range of high-performance materials such as polyurethane and polycarbonates under a wide range of high-performance materials such as polyurethane and polycarbonates under the performance materials segment. The solutions & specialties segment is further divided into six business entities which include engineering plastics, coatings & adhesives, tailored urethanes, thermoplastic polyurethanes, specialty films, which include engineering plastics, coatings & adhesives, tailored urethanes, thermoplastic polyurethanes, specialty films, and elastomers. Covestro AG has 48 production sites and 13 R&D sites in Europe, the Middle East, Africa, Latin America, North America, and Asia Pacific regions.

Wanhua Chemical Group Co., Ltd. (China)

Wanhua Chemical Group Co., Ltd. is one of the leading manufacturers and suppliers of innovative chemical products. The company operates under various business units. It offers a diverse range of products under four segments: polyurethane, performance chemicals, petrochemicals, and emerging materials. It also provides high-quality and efficient industry solutions for electronics, sports and leisure, construction, transportation, medical care, resources and energy, paints & coatings, adhesives, and 3D printing. The company has well-established R&D centers and production facilities in China. Its sales and distribution network are spread across various regions.

Related Reports:

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

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA : 1-888-600-6441
[email protected]