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Ultraviolet Curable Resins Market Size, Share, Trends, Growth Outlook

Ultraviolet Curable Resins Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Resin (Acrylated Epoxies, Acrylated Polysters, Acrylated Urethanes, Acrylated Silicones, Others), By Composition (Monomers, Photoinitiators, Oligomers, Coinitiators), By Application (Coating, Printing, Adhesives and Sealants, Others), By End-User (Electronics, Industrial Coatings, Medical, Automotive, Packaging), Countries and Companies Report

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  • |Published Month : October, 2024
  • |No. of Pages : 208

The global Ultraviolet Curable Resins Market is poised to register a 9.8% CAGR from $5.2 Billion in 2024 to $9.1 Billion in 2030.

The global Ultraviolet Curable Resins Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Resin (Acrylated Epoxies, Acrylated Polysters, Acrylated Urethanes, Acrylated Silicones, Others), By Composition (Monomers, Photoinitiators, Oligomers, Coinitiators), By Application (Coating, Printing, Adhesives and Sealants, Others), By End-User (Electronics, Industrial Coatings, Medical, Automotive, Packaging).

An Introduction to Global Ultraviolet Curable Resins Market in 2024

Ultraviolet (UV) curable resins are a class of polymers that undergo rapid polymerization and hardening when exposed to ultraviolet light, resulting in durable, high-performance coatings, adhesives, and encapsulants used in various industrial applications such as electronics, automotive, and medical devices. The future of ultraviolet curable resins is influenced by several key trends, including advancements in resin chemistry, curing technologies, and applications in emerging markets. One significant trend is the development of novel UV curable resin formulations with tailored properties such as flexibility, toughness, and chemical resistance to meet the evolving requirements of specialized applications such as flexible electronics, 3D printing, and optical coatings. Polymer chemists and material scientists are exploring new monomers, oligomers, and photoinitiators to engineer resins with improved processability, printability, and performance characteristics, enabling the production of lightweight, durable products with enhanced functionality and aesthetics. Additionally, the integration of UV curable resins into additive manufacturing processes such as stereolithography, digital light processing, and direct ink writing is driving innovations in rapid prototyping, customized manufacturing, and mass production of complex parts and components with precise geometries, fine features, and functional properties, enabling design freedom, product differentiation, and supply chain optimization in various industries such as aerospace, automotive, and consumer goods. Moreover, the increasing demand for environmentally friendly and sustainable materials is driving investments in bio-based and renewable UV curable resins derived from natural feedstocks such as plant oils, starches, and lignin, reducing reliance on fossil fuels and minimizing carbon footprint in resin production processes, promoting eco-friendly alternatives and circular economy principles in the polymer industry. Furthermore, collaborations between resin manufacturers, equipment suppliers, and end-users are driving innovation and market growth by delivering customized UV curable resin solutions that meet the specific performance, reliability, and sustainability requirements of diverse applications and industries, ensuring continued advancement and adoption of ultraviolet curable resins as a versatile and eco-friendly material technology in the global marketplace.

Ultraviolet Curable Resins Market- Industry Size, Share, Trends, Growth Outlook

Ultraviolet Curable Resins Market Competitive Landscape

The market report analyses the leading companies in the industry including Allnex, Arkema Group, BASF SE, Covestro AG, DIC CORP, DSM, Dymax Corp, Eternal Materials Co. Ltd, IGM Resins, Jiangsu Litian Technology Co. Ltd, Nippon-Gohsei, Resonac Holdings Corp, SOLTECH Ltd, Toagosei Co. Ltd, Wanhua Chemical Group Co. Ltd.

Ultraviolet Curable Resins Market Dynamics

Ultraviolet Curable Resins Market Trend: Increasing Demand for High-Performance Coating and Adhesive Solutions

A prominent market trend in the ultraviolet curable resins industry is the increasing demand for high-performance coating and adhesive solutions across various end-use sectors. Ultraviolet curable resins offer advantages such as rapid curing, excellent adhesion, chemical resistance, and durability, making them ideal for applications in automotive, electronics, packaging, printing, and construction industries. As manufacturers seek to improve productivity, reduce processing time, and enhance product performance, there is a growing preference for UV curable resins that offer superior properties and performance compared to traditional solvent-based or thermally cured resins. This trend is driven by factors such as technological advancements, regulatory requirements for low VOC emissions, and the need for sustainable and eco-friendly coating and adhesive solutions that meet the evolving needs of end-users.

Ultraviolet Curable Resins Market Driver: Growth in UV-Curable Coating and Printing Technologies

A key driver behind the growth of the ultraviolet curable resins market is the expansion of UV-curable coating and printing technologies worldwide. UV curable resins are widely used in UV-curable coatings, inks, and adhesives for applications such as wood coatings, automotive refinishing, graphic arts, and electronic device assembly. With advancements in UV curing equipment, formulation chemistry, and application techniques, UV-curable technologies offer advantages such as fast curing, low energy consumption, reduced waste, and improved performance compared to conventional curing methods. Additionally, the increasing adoption of digital printing, 3D printing, and UV LED curing systems further drives demand for UV-curable resins that enable high-speed, high-quality printing and coating processes. This driver is further supported by trends such as customization, personalization, and sustainability, which drive demand for innovative coating and printing solutions that offer versatility, efficiency, and environmental benefits.

Ultraviolet Curable Resins Market Opportunity: Development of Specialty Formulations and Functional Additives

An opportunity exists for manufacturers of ultraviolet curable resins to develop specialty formulations and incorporate functional additives to meet specific market needs and application requirements. Specialty UV curable resins such as scratch-resistant, matte finish, and self-healing coatings offer unique properties and performance enhancements that cater to niche markets and specialized applications such as automotive coatings, electronic displays, and medical devices. Additionally, there is opportunity to incorporate functional additives such as nanoparticles, antimicrobial agents, and UV stabilizers into UV-curable resin formulations to enhance properties such as scratch resistance, antimicrobial efficacy, and weatherability. By collaborating with customers and industry partners, resin manufacturers can identify unmet needs, develop customized solutions, and create value-added products that address emerging market trends and drive growth in the ultraviolet curable resins market.

Ultraviolet Curable Resins Market Share Analysis: Acrylated Epoxies generated the highest revenue in 2024

The largest segment in the Ultraviolet Curable Resins Market is the Acrylated Epoxies segment. This is primarily because acrylated epoxies offer a combination of excellent performance properties and versatility, making them suitable for a wide range of applications across various industries. Acrylated epoxies are known for their high chemical resistance, adhesion, and mechanical strength, making them ideal for demanding applications such as coatings, adhesives, composites, and 3D printing. Additionally, acrylated epoxies can be formulated to meet specific performance requirements, including flexibility, hardness, and UV stability, further enhancing their applicability in different end-use sectors. Further, acrylated epoxies offer fast curing times and low shrinkage during curing, enabling efficient and cost-effective processing. As industries such as automotive, aerospace, electronics, coatings, and packaging increasingly adopt UV-curable resins for various applications, the Acrylated Epoxies segment is the largest in the Ultraviolet Curable Resins Market due to its wide-ranging capabilities and performance advantages.

Ultraviolet Curable Resins Market Share Analysis: Oligomers segment is poised to register the fastest growth rate (CAGR) over the forecast period to 2030

The fastest-growing segment in the Ultraviolet Curable Resins Market is the Oligomers segment. Oligomers play a crucial role in UV-curable resin formulations as they serve as the main binder or matrix material, providing the desired mechanical properties, chemical resistance, adhesion, and flexibility to the cured resin. Oligomers are designed to undergo crosslinking reactions upon exposure to UV radiation, resulting in the formation of a three-dimensional network structure that imparts strength and durability to the cured resin. Further, oligomers offer versatility in formulation, allowing for customization of resin properties to meet specific application requirements across various industries such as coatings, adhesives, inks, and 3D printing. Additionally, advancements in oligomer chemistry and synthesis have led to the development of new oligomer types with enhanced performance characteristics, including improved cure speed, reduced shrinkage, and enhanced UV stability. As industries continue to demand high-performance UV-curable resin systems for applications requiring fast curing, superior mechanical properties, and environmental sustainability, the Oligomers segment is expected to experience rapid growth in the Ultraviolet Curable Resins Market.

Ultraviolet Curable Resins Market Share Analysis: Printing application segment is poised to register the fastest growth rate (CAGR) over the forecast period to 2030

The fastest-growing segment in the Ultraviolet Curable Resins Market is the Printing application segment. UV-curable resins offer numerous advantages in printing applications, including rapid curing, high productivity, excellent adhesion to various substrates, and enhanced print quality. UV printing technology enables fast drying times, allowing for increased production speeds and reduced turnaround times compared to traditional printing methods. Additionally, UV-curable inks and coatings exhibit superior color vibrancy, gloss, and resistance to fading, making them ideal for high-quality printing applications such as labels, packaging, signage, and graphics. Furthermore, the growing demand for sustainable and eco-friendly printing solutions drives the adoption of UV-curable resins, as they emit low levels of volatile organic compounds (VOCs) and are solvent-free. Further, advancements in UV printing equipment and ink formulations have expanded the applicability of UV-curable resins to new substrates and niche markets, further fueling the growth of the Printing segment in the Ultraviolet Curable Resins Market.

Ultraviolet Curable Resins Market Report Segmentation

By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging
Regions Included
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Ultraviolet Curable Resins Companies Profiled in the Market Study

Allnex
Arkema Group
BASF SE
Covestro AG
DIC CORP
DSM
Dymax Corp
Eternal Materials Co. Ltd
IGM Resins
Jiangsu Litian Technology Co. Ltd
Nippon-Gohsei
Resonac Holdings Corp
SOLTECH Ltd
Toagosei Co. Ltd
Wanhua Chemical Group Co. Ltd
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 Ultraviolet Curable Resins Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Ultraviolet Curable Resins Market Size Outlook, $ Million, 2021 to 2030
3.2 Ultraviolet Curable Resins Market Outlook by Type, $ Million, 2021 to 2030
3.3 Ultraviolet Curable Resins Market Outlook by Product, $ Million, 2021 to 2030
3.4 Ultraviolet Curable Resins Market Outlook by Application, $ Million, 2021 to 2030
3.5 Ultraviolet Curable Resins Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Ultraviolet Curable Resins Industry
4.2 Key Market Trends in Ultraviolet Curable Resins Industry
4.3 Potential Opportunities in Ultraviolet Curable Resins Industry
4.4 Key Challenges in Ultraviolet Curable Resins Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Ultraviolet Curable Resins Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Ultraviolet Curable Resins Market Outlook by Segments
7.1 Ultraviolet Curable Resins Market Outlook by Segments, $ Million, 2021- 2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

8 North America Ultraviolet Curable Resins Market Analysis and Outlook To 2030
8.1 Introduction to North America Ultraviolet Curable Resins Markets in 2024
8.2 North America Ultraviolet Curable Resins Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Ultraviolet Curable Resins Market size Outlook by Segments, 2021-2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

9 Europe Ultraviolet Curable Resins Market Analysis and Outlook To 2030
9.1 Introduction to Europe Ultraviolet Curable Resins Markets in 2024
9.2 Europe Ultraviolet Curable Resins Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Ultraviolet Curable Resins Market Size Outlook by Segments, 2021-2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

10 Asia Pacific Ultraviolet Curable Resins Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Ultraviolet Curable Resins Markets in 2024
10.2 Asia Pacific Ultraviolet Curable Resins Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Ultraviolet Curable Resins Market size Outlook by Segments, 2021-2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

11 South America Ultraviolet Curable Resins Market Analysis and Outlook To 2030
11.1 Introduction to South America Ultraviolet Curable Resins Markets in 2024
11.2 South America Ultraviolet Curable Resins Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Ultraviolet Curable Resins Market size Outlook by Segments, 2021-2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

12 Middle East and Africa Ultraviolet Curable Resins Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Ultraviolet Curable Resins Markets in 2024
12.2 Middle East and Africa Ultraviolet Curable Resins Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Ultraviolet Curable Resins Market size Outlook by Segments, 2021-2030
By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Allnex
Arkema Group
BASF SE
Covestro AG
DIC CORP
DSM
Dymax Corp
Eternal Materials Co. Ltd
IGM Resins
Jiangsu Litian Technology Co. Ltd
Nippon-Gohsei
Resonac Holdings Corp
SOLTECH Ltd
Toagosei Co. Ltd
Wanhua Chemical Group Co. Ltd

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Resin
Acrylated Epoxies
Acrylated Polysters
Acrylated Urethanes
Acrylated Silicones
Others
By Composition
Monomers
Photoinitiators
Oligomers
Coinitiators
By Application
Coating
Printing
Adhesives and Sealants
Others
By End-User
Electronics
Industrial Coatings
Medical
Automotive
Packaging
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

Frequently Asked Questions