UV curing refers to a way of radiation
curing by which various materials are cured which includes inks, coatings and
adhesives among others. UV curing technology is a technology which enables
instant drying or curing in fraction of seconds when ultraviolet light is
applied on various products such as coatings, inks and adhesives among others
to cause photopolymerisation. Along with advances in technology, various types
of resins are now available in the market owing to advantages which includes
reducing wastes, saving energy, low temperature treatment and high
productivity. Moreover, UV is also available for optical molding as it has high
energy density and can thus concentrate on small spot diameters. The
multifunctional resins employed in such formulations are termed as UV curable
resins which can be broadly classified as monomers and oligomers. The monomers
used in UV formulations include acrylates, methacrylates, vinyl esters, and
others. Acrylates are the oligomers that are used in UV curable coatings. The
other types of coatings that play a vital role are unsaturated polyester
resins, polyester, polyether, polyurethane and a few other resins based upon
chemistry types and linkages.
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Some of the key drivers for the growth
of UV curable resins include the electronic and industrial coating segment
which offers high demand for high performance coatings, adhesives and inks and
growing demand for green coatings. In addition, regulatory authorities have set
up legislations for the use of eco-friendly products that are expected to be
the highest potential growth for UV curable resins and products.
Asia Pacific is the largest global
market which accounted for more than half of the total global market followed
by Europe and North America. China and Japan are the major consumers of UV
curable resins. Rapid industrialization in Asia Pacific is expected to drive
the market growth in this region over the next six years.
Some of the key players in the
lightweight materials market include Allnex Belgium SA, Sartomer USA LLC,
BASFSE, Eternal Chemical Co. Ltd., MiwonSpecialty Chemical Co. Ltd. and Jiangsu
Litian Technology Co. Ltd. among others.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
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United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
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