UV Curable Resins & Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated & Oligoamines, Acrylates), Application, Technology, and Region - Global Forecasts to 2022

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Date: 28-Jun-2017
No. of pages: 158
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“The UV curable resins & formulated products market is projected to register a CAGR of 9.1% during the forecast period, in terms of value.”

The global UV curable resins & formulated products market is projected to reach USD 5.70 billion by 2022, registering a CAGR of 9.1% from 2017 to 2022. In recent years, coating formulators and manufacturers are seeking environment-friendly green coating alternatives that have similar or better performance than conventional solvent-borne systems because of government regulations and public environmental awareness and concerns. UV curable resins have many advantages, such as little-to-no VOC, low odor, non-toxicity, no skin irritation, and safer production. However, the need to thermally dry sensitive substrates and high set-up cost for a high-performing water-based UV system are some of the major restraints for the UV curable resins & formulated products market.

“Coatings segment to dominate the UV curable resins & formulated products market”

The coatings segment will continue to represent the bulk of the demand for UV curable resins as the physical and chemical properties of UV chemistry permit excellent gloss and viscosity control, and therefore, application is easy with minimal or no process issues with VOCs/HAPs. UV curable coatings have outperformed the coatings market growth consistently over a period of time, and have turned out to be a sustainable and high growth technology in the coatings industry. This high growth in the demand for UV curable coatings is majorly due to its high performance and excellent environmental and safety profile.

“Asia-Pacific: The largest market for UV curable resins and formulated products”

Asia-Pacific accounted for the largest share of the UV curable resins & formulated products market in 2017. Factors such as evolving environmental & regulatory scenario, increasing consumer awareness (including sensitivity to health and safety), volatile oil prices, and pressure from flagship companies wanting to improve the environmental performance of their supply chain have led to the increasing demand for UV curable resins and formulated products in the Asia-Pacific region.

This study has been validated through primaries conducted with various industry experts worldwide. These primary sources have been divided into three categories, namely, by company, by designation, and by region.


  • By Company Type: Tier 1 - 45%, Tier 2 - 35%, and Tier 3 - 20%

  • By Designation: C Level - 35%, Director Level – 25%, and Others - 40%

  • By Region: North America - 45%, Europe - 30%, Asia-Pacific - 20%, and RoW - 5%


Companies Profiled in the Report


  • Arkema SA (France)

  • Allnex Group (Germany)

  • Toagosei Co. Ltd. (Japan)

  • BASF SE (Germany)

  • Royal DSM N.V. (Netherlands)

  • Covestro AG (Germany)

  • Nippon Gohsei (Japan)

  • Hitachi Chemical Company Ltd. (Japan)

  • IGM Resins B.V. (Netherlands)

  • Miwon Specialty Chemical Co. Ltd (South Korea)

  • Alberdingk Boley GmbH (Germany)

  • Jiangsu Sanmu Group Corporation (China)

  • Wanhua Chemical Group Co., Ltd. (China)

  • Eternal Chemical Co. Ltd. (Taiwan)

  • Soltech Ltd. (South Korea)

  • Dymax Corporation (US)

  • RAHN AG (Sweden)

  • Perstorp Holding AB (Sweden)

  • Qualipoly Chemical Corporation (Taiwan)

  • DIC Corporation (Japan)

  • Double Bond Chemical Ind., Co., Ltd. (Taiwan)

  • Nagase ChemteX Corporation (Japan)

  • CBC Co., Ltd. (Japan)

  • Arakawa Chemical Industries, Ltd. (Japan)

  • Deuchem Co., Ltd. (Taiwan)


Research Coverage:

This report covers the UV curable resins & formulated products market, in terms of volume and value, and forecasts the market size till 2022. The report includes market segmentation based on composition, chemistry, application, technology, and region. It also provides company profiles and competitive strategies adopted by key players in the market.

Reasons to Buy the Report


  • Comprehensive coverage and analysis of the UV curable resins & formulated products market in Asia-Pacific, Europe, North America, Middle East & Africa, and South America

  • Competitive landscape of the market and strategic developments of the major market players

  • A list of VOC regulations driving the market in key countries and regions

  • Identifying high-potential opportunities for UV curable resins

  • Identifying and targeting high-growth application segments

UV Curable Resins & Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylated & Oligoamines, Acrylates), Application, Technology, and Region - Global Forecasts to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Scope of the Study
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions and Limitations
2.4.1 Assumptions
2.4.2 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the UV Curable Resins and Formulated Products Market
4.2 UV Curable Resins Market, By Region
4.3 UV Curable Resins and Formulated Products Market in Asia-Pacific, By Composition and Country
4.4 UV Curable Resins and Formulated Products Market Share, By Country, 2016
4.5 UV Curable Resins and Formulated Products Market, By Application, 2016

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Environmental Awareness and Stringent Regulations
5.2.1.2 High Performance of UV Curable Resins
5.2.2 Restraints
5.2.2.1 Need to Thermally Dry Sensitive Substrates
5.2.2.2 High Setting-Up Cost
5.2.3 Opportunities
5.2.3.1 High Growth Prospects in 3D Printing, Digital Printing, Packaging, Barrier Films, and Printed Circuits Applications
5.2.4 Challenges
5.2.4.1 Grain Raising in Wooden Substrates
5.2.4.2 Environmental Challenges With Respect to Wastewater Discharge
5.2.4.3 Finishing Defects Caused By Incomplete Drying
5.3 Porter’s Five Forces Analysis
5.3.1 Threat of New Entrants
5.3.2 Threat of Substitutes
5.3.3 Bargaining Power of Suppliers
5.3.4 Bargaining Power of Buyers
5.3.5 Intensity of Competitive Rivalry
5.4 Macro Economic Overview
5.4.1 Trends and Forecast of GDP
5.4.2 Global Electronics Industry and Economic Outlook

6 UV Curable Reins and Formulated Products Market, By Composition
6.1 Introduction
6.2 Oligomers
6.3 Monomer
6.4 Photoinitiators
6.5 Additives

7 UV Curable Resins (Oligomers) Market, By Chemistry
7.1 Introduction
7.2 Non-Acrylated & Oligoamines
7.3 Acrylate Oligomers
7.3.1 Epoxy Acrylates
7.3.2 Polyether/Polyester Acrylates
7.3.3 Urethane Acrylates
7.3.4 Others

8 UV Curable Resins and Formulated Products Market, By Application
8.1 Introduction
8.2 Coatings
8.2.1 Wood & Paper Coatings
8.2.2 Plastic Coatings
8.2.3 Metal Coatings
8.3 Overprint Varnish
8.4 Printing Inks
8.5 Adhesives
8.6 3D Printing
8.7 Other Applications

9 UV Curable Resins and Formulated Products Market Analysis, By Technology
9.1 Introduction
9.2 Solventborne UV
9.3 100% Solids UV
9.4 Waterborne UV
9.5 Powder UV

10 UV Curable Resins and Formulated Products Market, By Region
10.1 Introduction
10.2 North America
10.2.1 U.S.
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 U.K.
10.3.3 Sweden
10.3.4 Italy
10.3.5 Spain
10.3.6 Russia
10.3.7 Belgium
10.3.8 France
10.3.9 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 India
10.4.5 Vietnam
10.4.6 Malaysia
10.4.7 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 UAE
10.5.2 Turkey
10.5.3 Saudi Arabia
10.5.4 South Africa
10.5.5 Rest of Middle East & Africa
10.6 South America
10.6.1 Brazil
10.6.2 Argentina
10.6.3 Rest of South America

11 Competitive Landscape
11.1 Overview
11.1.1 Dynamic Differentiators
11.1.2 Innovators
11.1.3 Visionary Leaders
11.1.4 Emerging Companies
11.2 Competitive Benchmarking
11.2.1 Product Offerings (25 Players)
11.2.2 Business Strategy (25 Players)
11.3 Market Ranking of Key Players, 2016

Top 25 Companies Analyzed for This Study are - Arkema SA, Allnex Group, Toagosei Co. Ltd., BASF SE, DSM-AGI Corporation, Covestro AG, Nippon Gohsei, Hitachi Chemical Company Ltd., IGM Resins B.V., Miwon Specialty Chemical Co. Ltd., Alberdingk Boley GmbH, Jiangsu Sanmu Group Corporation, Wanhua Chemical Group Co., Ltd., Eternal Chemical Co. Ltd., Soltech Ltd., Dymax Corporation, Rahn AG, Perstorp Holding AB, Qualipoly Chemical Corporation, DIC Corporation, Double Bond Chemical Ind., Co., Ltd., Nagase Chemtex Corporation, CBC Co.,Ltd., Arakawa Chemical Industries, Ltd., Deuchem Co., Ltd.

12 Company Profiles
(Overview, Products and Services Offered, Product Offering, Business Strategies Scorecard, Recent Developments, and MnM View)*
12.1 Arkema SA
12.2 Allnex Group
12.3 Toagosei Co. Ltd.
12.4 BASF SE
12.5 Royal DSM
12.6 Covestro AG
12.7 Nippon Gohsei
12.8 Hitachi Chemical Company Ltd.
12.9 IGM Resins B.V.
12.10 Miwon Specialty Chemical Co. Ltd.
12.11 Other Players
12.11.1 Alberdingk Boley GmbH
12.11.2 Jiangsu Sanmu Group Corporation
12.11.3 Wanhua Chemical Group Co., Ltd.
12.11.4 Eternal Chemical Co. Ltd
12.11.5 Soltech Ltd
12.11.6 Dymax Corporation
12.11.7 Rahn AG
12.11.8 Perstorp Holding AB
12.11.9 Qualipoly Chemical Corporation
12.11.10 DIC Corporation
12.11.11 Double Bond Chemical Ind., Co., Ltd.
12.11.12 Nagase Chemtex Corporation
12.11.13 CBC Co., Ltd.
12.11.14 Arakawa Chemical Industries, Ltd.
12.11.15 Deuchem Co., Ltd.

*Details on Overview, Products and Services Offered, Product Offering, Business Strategies Scorecard, Recent Developments, and MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights From Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available RT Snapshot
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 UV Curable Resins and Formulated Products Market to Register High Growth Between 2017 and 2022
Table 2 Trends and Forecast of GDP Growth,% (2017–2022)
Table 3 UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 4 UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 5 Oligomers Market Size, By Region, 2015–2022 (Kilotons)
Table 6 UV Monomers Market Size, By Region, 2015–2022 (Kilotons)
Table 7 UV Photoinitiators Market Size, By Region, 2015–2022 (Kilotons)
Table 8 Additives Market Size, By Region, 2015–2022 (Kilotons)
Table 9 UV Curable Resins (Oligomers) Market Size, By Chemistry, 2015–2022 (Kilotons)
Table 10 UV Curable Resins (Oligomers) Market Size, By Chemistry, 2015–2022 (USD Million)
Table 11 UV Curable Resins (Acrylate Oligomers) Market Size, By Chemistry, 2015–2022 (Kilotons)
Table 12 UV Curable Resins (Acrylate Oligomers) Market Size, By Chemistry, 2015–2022 (USD Million)
Table 13 UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 14 UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 15 UV Curable Resins and Formulated Products Market Size in Coatings Application, By Region, 2015–2022 (Kilotons)
Table 16 UV Curable Resins and Formulated Products Market Size in Overprint Varnish Application, By Region, 2015–2022 (Kilotons)
Table 17 UV Curable Resins and Formulated Products Market Size in Printing Inks Application, By Region, 2015–2022 (Kilotons)
Table 18 UV Curable Resins and Formulated Products Market Size in Adhesives Application, By Region, 2015–2022 (Kilotons)
Table 19 UV Curable Resins and Formulated Products Market Size in 3D Printing Application, By Region, 2015–2022 (Kilotons)
Table 20 UV Curable Resins and Formulated Products Market Size in Other Applications, By Region, 2014–2021 (Kilotons)
Table 21 UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 22 UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 23 Solventborne UV Market Size, By Region, 2015–2022 (Kilotons)
Table 24 100% Solids UV Market Size, By Region, 2015–2022 (Kilotons)
Table 25 Waterborne UV Market Size, By Region, 2015–2022 (Kilotons)
Table 26 Powder UV Market Size, By Region, 2015–2022 (Kilotons)
Table 27 UV Curable Resins and Formulated Products Market Size, By Region, 2015–2022 (Kilotons)
Table 28 UV Curable Resins and Formulated Products Market Size, By Region, 2015–2022 (USD Million)
Table 29 North America: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (Kilotons)
Table 30 North America: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (USD Million)
Table 31 North America: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 32 North America: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 33 North America: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 34 North America: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 35 North America: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 36 North America: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 37 U.S.: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 38 Canada: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 39 Mexico: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 40 Europe: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (Kilotons)
Table 41 Europe: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (USD Million)
Table 42 Europe: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 43 Europe: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 44 Europe: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 45 Europe: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 46 Europe: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 47 Europe: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 48 Germany: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 49 U.K.: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 50 Sweden: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 51 Italy: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 52 Spain: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 53 Russia: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 54 Belgium: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 55 France: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 56 Rest of Europe: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 57 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (Kilotons)
Table 58 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (USD Million)
Table 59 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 60 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 61 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 62 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 63 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 64 Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 65 China: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 66 Japan: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 67 South Korea: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 68 India: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 69 Vietnam: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 70 Malaysia: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 71 Rest of Asia-Pacific: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 72 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (Kilotons)
Table 73 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (USD Million)
Table 74 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 75 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 76 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 77 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 78 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 79 Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 80 UAE: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 81 Turkey: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 82 Saudi Arabia: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 83 South Africa: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 84 Rest of Middle East & Africa: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 85 South America: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (Kilotons)
Table 86 South America: UV Curable Resins and Formulated Products Market Size, By Country, 2015–2022 (USD Million)
Table 87 South America: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (Kilotons)
Table 88 South America: UV Curable Resins and Formulated Products Market Size, By Composition, 2015–2022 (USD Million)
Table 89 South America: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 90 South America: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (USD Million)
Table 91 South America: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (Kilotons)
Table 92 South America: UV Curable Resins and Formulated Products Market Size, By Technology, 2015–2022 (USD Million)
Table 93 Brazil: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 94 Argentina: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)
Table 95 Rest of South America: UV Curable Resins and Formulated Products Market Size, By Application, 2015–2022 (Kilotons)

List of Figures

Figure 1 UV Curable Resins and Formulated Products Market: Research Design
Figure 2 Bottom-Up Approach
Figure 3 Top-Down Approach
Figure 4 Research Methodology: Data Triangulation
Figure 5 Additives to Register the Highest Growth Between 2017 and 2022
Figure 6 3D Printing to Register the Highest Growth Between 2017 and 2022
Figure 7 Waterborne UV to Register the Highest Growth Between 2017 and 2022
Figure 8 Asia-Pacific Dominated the UV Curable Resins and Formulated Products Market
Figure 9 UV Curable Resins and Formulated Products Market to Witness Rapid Growth Between 2017 and 2022
Figure 10 Asia-Pacific to Register the Highest Growth During the Forecast Period
Figure 11 China Accounted for the Largest Share of the UV Curable Resins and Formulated Products Market in Asia-Pacific
Figure 12 China Accounted for the Largest Share of the UV Curable Resins and Formulated Products Market
Figure 13 Coatings Accounted for the Largest Share in the UV Curable Resins and Formulated Products Market Globally
Figure 14 Drivers, Restraints, Opportunities, and Challenges in the UV Curable Resins & Formulated Products Market
Figure 15 Monomers to Continue Dominating the Market Till 2022
Figure 16 Acrylate Oligomers to Continue Dominating the Market Till 2022
Figure 17 Coatings Application Segment Dominates UV Curable Resins and Formulated Products Market
Figure 18 100% Solid UV Curable to Dominate Overall Market Between 2017 and 2022
Figure 19 India, Vietnam, Malaysia, and China to Emerge as New Hotspots, 2017–2022
Figure 20 Asia-Pacific Market Snapshot: Demand to Be Driven By Various Environmental Regulations and Increasing Consumer Awareness
Figure 21 Competitive Leadership Mapping, 2016
Figure 22 Arkema SA: Company Snapshot
Figure 23 Toagosei Co. Ltd.: Company Snapshot
Figure 24 BASF SE: Company Snapshot
Figure 25 Royal DSM: Company Snapshot
Figure 26 Covestro AG: Company Snapshot
Figure 27 Nippon Gohsei: Company Snapshot
Figure 28 Hitachi Chemical Company Ltd.: Company Snapshot

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