The Asia Pacific UV Curable Resins Market would witness market growth of 10.3% CAGR during the forecast period (2019-2025). Over the past several decades, its use and popularity have risen considerably. UV induced cure has several advantages over standard cure in terms of lower energy consumption and space for equipment, lower waste, lower emissions, higher productivity (fast cure) and lower temperature treatment.
UV curing resins are used in the ink, coating, and adhesive industry in a multitude of uses. Because of their high productivity, the convenience of application and low environmental impact, they have become very prevalent resin systems. They are often the ideal choice when it is necessary to dry and recover quickly. They are widely used in UV flexo, display, and lithographic printing inks, overprint varnishes, and potting and encapsulation products for delicate electronic components. Scratch-resistant wood, concrete and plastic coatings or UV curable acrylic adhesives are other significant uses.
Based on Application, the market is segmented into Coating, Adhesive and Sealants, Printing, Packaging and Other Applications. Based on Resin Type, the market is segmented into Acrylated Epoxies, Acrylated Urethanes, Acrylated Polyesters, Acrylated Silicones and Other Resin Types. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Australia, and Rest of Asia Pacific.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Arkema S.A., BASF SE, Covestro AG, Dymax Corporation, DIC Corporation, Koninklijke DSM N.V., Hitachi Chemical Co., Ltd. (Hitachi Ltd.), IGM Resins B.V., Allnex Belgium SA/NV and Toagosei Co., Ltd.
Market Segmentation:
By Application
By Resin Type
By Country
Companies Profiled
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