DUBLIN, June 27, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "UV Curable Resins & Formulated Products Market by Composition, by Application, by Chemistry, Application by Composition, and by Region - Global Forecast to 2021" report to their offering.
The global UV curable resins market is forecasts to reach a value of USD 3.05 Billion by 2021.
UV curable formulated products include coatings, inks, and adhesives. These products are generally composed of a base resin (oligomers) formulated with other functional components such as monomers, pigments/non-reactive and additives, and photoinitiators.
Epoxy acrylates are used for manufacturing paper coatings, overprint varnish, wood coating, ink application (screen and offset) and witnessing rapid growth in Asia-Pacific. The superior mechanical properties of epoxy acrylates make them suited for use in diverse applications.
The industrial coating segment will continue to account for the highest demand for UV curable formulated products. With legislators seeking to reduce solvent emissions from coating processes through laws such as the Solvent Emissions Directive (SED) and the Decopaint Directive (DPD), there is a significant trend toward the use of more environmentally friendly industrial coating systems. As a result, UV curing systems are becoming increasingly important.
Asia-Pacific is the largest market for saturated polyester resin, followed by Western Europe and North America. The market in Asia-Pacific is estimated to record high growth owing to increasing demand from the electronics sector.
Factors restraining market growth include the need to thermally dry sensitive substrates and high setting up cost. Moreover, the saturated polyester resin market is moderately consolidated and competitive, with a number of small- to medium-scale players, especially in China.
Companies Mentioned:
- Alberdingk Boley GMBH
- Allnex Belgium SA/NV (Formerly Cytec)
- BASF SE
- Covestro (Formerly Bayer Materialscience)
- DSM AGI Corporation
- Eternal Chemical Co. Ltd
- Hitachi Chemical Company Ltd.
- IGM Resins
- Jiangsu Sanmu Group Corporation
- Miwon Specialty Chemical Co. Ltd.
- Nippon Gohsei
- Sartomer USA LLC
- Soltech Ltd
- Toagosei Co. Ltd.
- Wanhua Chemical Group Co., Ltd.
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 UV Curable Formulated Products Market, By Composition
8 UV Curable Resins Market, By Chemistry
9 UV Curable Formulated Products Market, Application By Composition
10 UV Curable Formulated Products Market, By Application
11 UV Curable Formulated Products Market, By Region
12 Competitive Landscape
13 Company Profiles
14 Appendix
For more information visit http://www.researchandmarkets.com/research/xp66hb/uv_curable_resins
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