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UV Curable Resins Market Share

Report ID: GMI381
Published Date: Jan 2023
Report Format: PDF

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UV Curable Resins Market Share

The competitive landscape of the UV curable resins market comprises companies such as

Soltech Limited
Toagosei Co. Ltd.
Jiangsu Sanmu Group
Hitachi Chemical
IGM
Jiangsu Litian Technology
Eternal Materials
Arkema
Hitachi Chemical
DSM N.V.
ALLENEX
Miwon Specialty Chemicals
BASF SE

These companies are focusing on new product launches, partnerships, and other strategies to strengthen their presence in the global market.

To cite an instance, in November 2022, Arkema introduced two high-performance custom formulations, N3D-HITEMP062 and N3D-CAST063, with excellent toughness and resolution attributes to extend its leading UV-curing range. This initiative was meant to enable the company to increase its consumer base and develop a strong footprint in the industry.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The global market of UV curable resins exceeded USD 4 billion in 2022 and is slated to register over 7% CAGR through 2032, given the requirement for sustainable coatings for building and construction applications.

The polyester acrylates segment is projected to reach USD 2 billion by 2032, considering its high performance, stability, and cost-effectiveness.

Europe UV curable resins market is set to surpass USD 3 billion by 2032, due to the economic recovery and the expansion of regional automobile manufacturing bases.

Soltech Limited, Toagosei Co. Ltd., Jiangsu Sanmu Group, Hitachi Chemical, Arkema, Hitachi Chemical, DSM N.V., ALLENEX, Miwon Specialty Chemicals, and BASF SE are some of the major participants in the market.