The Latin America, Middle East and Africa UV Curable Resins Market would witness market growth of 10.3% CAGR during the forecast period (2019-2025). Most commercial light-curing resins are focused on acrylic (acrylates) free radical curing compounds. In terms of product properties as well as monomers/oligomers available in the market, free radical curing compositions are the most versatile curing systems. Free radical acrylic systems, nevertheless, are subject to oxygen inhibition, which means that oxygen in the air can stop polymerization of the surface molecules, leaving a tacky layer of the surface.
UV curable resins do not usually comprise organic solvents that have a negative environmental impact. The main limitation of the light-induced healing system is the limited range of water absorption that relies on the wavelength and spectral distribution and the fact that it generally does not exceed a few millimeters. This implies that light-induced cure is confined to inks, coatings, and adhesives and at least one substrate must be capable of transmitting light in adhesive applications. A secondary cure mechanism will, therefore, be required for assemblies with shaded areas.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
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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