New York, Sept. 10, 2019 (GLOBE NEWSWIRE) -- The market for UV Curable Resins & Formulated Products is driven by environmental concerns and rising stringent regulations on Volatile Organic Compound (VOC) emission.
The global UV Curable Resins & Formulated Products market is forecast to reach USD 7.90 Billion by 2026, according to a new report by Reports and Data. UV curable resins help in curing radiation of materials such as inks, coatings, and adhesives among others. These resins are free from organic solvent and include a variety of additives such as pigments, antioxidants, plasticizers, and stabilizers.
The use of UV curable resins & formulated products has risen over the past couple of decades. UV induced cure has several benefits such as less energy consumption and equipment space, less emission, reduced waste, low-temperature treatment, and higher productivity.
Moreover, these resins do not contain any organic solvents that could impact the environment adversely. A large number of UV light curable resins have been developed to meet the stringent regulations in North America and Europe to reduce the level of air pollution as well as energy consumption.
The Asia Pacific region is forecasted to grow with the highest CAGR of 10.1% during the forecast period. The rapid growth of industries and urbanization is propelling the growth of the market. Favorable government regulations, highly populated countries such as China and India, and expansion of the automotive and construction sector are driving the market. Japan, China, and India are the largest consumers of the UV curable resins & formulated products.
Request free sample of this research report at: https://www.reportsanddata.com/sample-enquiry-form/1829
Further key findings from the report suggest
To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report-detail/uv-curable-resins-and-formulated-products-market
Segments covered in the report:
For the purpose of this report, Reports and Data have segmented into the global UV Curable Resins & Formulated Products market on the basis of composition, chemistry, application, and region:
Composition Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Chemistry Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Application Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Order Now: https://www.reportsanddata.com/checkout-form/1829
Regional Outlook (Volume: Kilo Tons; Revenue: USD Billion; 2016-2026)
Browse more similar reports on Polymers and Resins category by Reports And Data
Polymer Emulsion Market - https://www.reportsanddata.com/report-detail/polymer-emulsion-market
Automotive Plastic Market - https://www.reportsanddata.com/report-detail/automotive-plastic-market
Polycarbonate Films Market - https://www.reportsanddata.com/report-detail/polycarbonate-films-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.