The North America UV Curable Resins Market would witness market growth of 8.4% CAGR during the forecast period (2019-2025). Due to worldwide acceptance of the harmful impacts of volatile organic compounds (VOC), the development of environmentally friendly coatings has attained importance.
UV-curing resins are polymerized materials by the energy radiated from ultraviolet irradiation devices and cured in a short time. These are specially used for sealing, bonding, and coating as industrial materials. Many products have been created to minimize VOC emissions, such as waterborne coatings, powder coatings, and radiation-curable coatings. Some of these coatings are inferior relative to standard ones in addition to being environmentally safe. Rapid cure time, effective film hardness, and longer shelf-life are the key features of UV curable coatings. Furthermore, coating production also entails reduced operating costs, like low energy consumption as well as inexpensive maintenance.
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 U.S., Mexico, Canada, and Rest of North America.
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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