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.
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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.
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.
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