Dublin, July 4, 2014 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/ps9c68/uv_curable_resins)
has announced the addition of the
"UV Curable Resins Market by Application, End-User Industry &
Geography - Trends & Forecasts to 2018" report to their
offering.
The global
UV curable resin market, along with its end products, has
witnessed a significant growth in the past few years and this
growth is estimated to persist in the coming years. UV curable
resins are building blocks for formulating various
environment-friendly and fast curing coatings, inks, and adhesives
which further serve various end-user industries, including
industrial coatings, graphic arts, and electronics.
Currently, Asia-Pacific is the largest consumer of UV curable
resins, which consumed more than half of the total global
consumption in 2012. Among all the countries in the region, China
and Japan lead the global market, holding a major share in regional
volumetric consumption of UV curable resin in 2012. The market
volume of UV curable resin is comparatively low in the ROW region,
but it is expected show the highest CAGR from 2013 to 2018,
followed by Asia-Pacific.
Almost 90.0% of the total demand is by coatings and inks
manufacturers, with coatings application also being the
fastest-growing end-user segment. As an end user, industrial
coatings are the biggest as well as the fastest-growing segment of
UV curable resins, which is primarily due to high penetration in
all the regions. Subsequently, graphic arts and electronics
industries were the second- and third-largest end users of UV
curable formulations.
The drivers of the industry are identified as the budding demand
for green coatings, growing electronics manufacturing, and
increased use of environment-friendly inks in packaging
applications. The restraining factors are identified as application
limitations and not being an attractive product in price
competitive markets. The major issue pertaining in the market is
manufacturing of UV resins by renewable feedstock.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Bio-Based UV Curable Resins
6 UV Curable Products Market, By Composition
7 UV Curable Resins Market, By Application
8 UV Curable Resins Market, By End User
9 UV Curable Resins Market, By Geography
10 Competitive Landscape
11 Company Profiles
- Allnex Belgium Sa
- BASF Se
- Dsm-Agi Corporation
- Dymax Corporation
- Eternal Chemical Co. Ltd.
- Hitachi Chemical Company Ltd.
- Igm Resins B.V.
- Jiangsu Litian Technology Co. Ltd.
- Jiangsu Sanmu Group Corporation
- Miwon Specialty Chemical Co. Ltd
- Sartomer USA Llc
For more information visit
http://www.researchandmarkets.com/research/ps9c68/uv_curable_resins
Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector:
Process and Materials