Global Photoinitiators Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Photoinitiators Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

Photoinitiator, known as a photosensitizer or the photocuring agent, it is a type of compound which is capable of absorbing energy of certain wavelengths in the ultraviolet region (250 ~ 420nm) or in the visible region (400 ~ 800nm) to generate free radicals, cations, giving rise to a crosslinking and polymerization of the monomer. Photoinitiator is a key component of light-curing materials, which plays a decisive role to the light curing speed.
According to APO Research, The global Photoinitiators market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Photoinitiators is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Photoinitiators is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Photoinitiators is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Photoinitiators include IGM Resins, Tianjin Jiuri New Materials, BASF, Lambson, Arkema, DBC, NewSun, Eutec and Zhejiang Yangfan New Materials, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Photoinitiators, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Photoinitiators.
The Photoinitiators market size, estimations, and forecasts are provided in terms of sales volume (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Photoinitiators market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

IGM Resins
Tianjin Jiuri New Materials
BASF
Lambson
Arkema
DBC
NewSun
Eutec
Zhejiang Yangfan New Materials
Tronly
Hongtai Chemical
Jinkangtai Chemical
Polynaisse
Hubei Gurun
Kurogane Kasei
Photoinitiators segment by Type

Free-radical Type Photoinitiator
Cationic Type Photoinitiator
Photoinitiators segment by Application

Paints
Inks
Adhesives
Others
Photoinitiators Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Photoinitiators market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Photoinitiators and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Photoinitiators.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Photoinitiators manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Photoinitiators in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Photoinitiators Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Photoinitiators Sales Estimates and Forecasts (2019-2030)
1.3 Photoinitiators Market by Type
1.3.1 Free-radical Type Photoinitiator
1.3.2 Cationic Type Photoinitiator
1.4 Global Photoinitiators Market Size by Type
1.4.1 Global Photoinitiators Market Size Overview by Type (2019-2030)
1.4.2 Global Photoinitiators Historic Market Size Review by Type (2019-2024)
1.4.3 Global Photoinitiators Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Photoinitiators Sales Breakdown by Type (2019-2024)
1.5.2 Europe Photoinitiators Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Photoinitiators Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Photoinitiators Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Photoinitiators Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Photoinitiators Industry Trends
2.2 Photoinitiators Industry Drivers
2.3 Photoinitiators Industry Opportunities and Challenges
2.4 Photoinitiators Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Photoinitiators Revenue (2019-2024)
3.2 Global Top Players by Photoinitiators Sales (2019-2024)
3.3 Global Top Players by Photoinitiators Price (2019-2024)
3.4 Global Photoinitiators Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Photoinitiators Key Company Manufacturing Sites & Headquarters
3.6 Global Photoinitiators Company, Product Type & Application
3.7 Global Photoinitiators Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Photoinitiators Market CR5 and HHI
3.8.2 Global Top 5 and 10 Photoinitiators Players Market Share by Revenue in 2023
3.8.3 2023 Photoinitiators Tier 1, Tier 2, and Tier 3
4 Photoinitiators Regional Status and Outlook
4.1 Global Photoinitiators Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Photoinitiators Historic Market Size by Region
4.2.1 Global Photoinitiators Sales in Volume by Region (2019-2024)
4.2.2 Global Photoinitiators Sales in Value by Region (2019-2024)
4.2.3 Global Photoinitiators Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Photoinitiators Forecasted Market Size by Region
4.3.1 Global Photoinitiators Sales in Volume by Region (2025-2030)
4.3.2 Global Photoinitiators Sales in Value by Region (2025-2030)
4.3.3 Global Photoinitiators Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Photoinitiators by Application
5.1 Photoinitiators Market by Application
5.1.1 Paints
5.1.2 Inks
5.1.3 Adhesives
5.1.4 Others
5.2 Global Photoinitiators Market Size by Application
5.2.1 Global Photoinitiators Market Size Overview by Application (2019-2030)
5.2.2 Global Photoinitiators Historic Market Size Review by Application (2019-2024)
5.2.3 Global Photoinitiators Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Photoinitiators Sales Breakdown by Application (2019-2024)
5.3.2 Europe Photoinitiators Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Photoinitiators Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Photoinitiators Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Photoinitiators Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 IGM Resins
6.1.1 IGM Resins Comapny Information
6.1.2 IGM Resins Business Overview
6.1.3 IGM Resins Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.1.4 IGM Resins Photoinitiators Product Portfolio
6.1.5 IGM Resins Recent Developments
6.2 Tianjin Jiuri New Materials
6.2.1 Tianjin Jiuri New Materials Comapny Information
6.2.2 Tianjin Jiuri New Materials Business Overview
6.2.3 Tianjin Jiuri New Materials Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.2.4 Tianjin Jiuri New Materials Photoinitiators Product Portfolio
6.2.5 Tianjin Jiuri New Materials Recent Developments
6.3 BASF
6.3.1 BASF Comapny Information
6.3.2 BASF Business Overview
6.3.3 BASF Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.3.4 BASF Photoinitiators Product Portfolio
6.3.5 BASF Recent Developments
6.4 Lambson
6.4.1 Lambson Comapny Information
6.4.2 Lambson Business Overview
6.4.3 Lambson Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Lambson Photoinitiators Product Portfolio
6.4.5 Lambson Recent Developments
6.5 Arkema
6.5.1 Arkema Comapny Information
6.5.2 Arkema Business Overview
6.5.3 Arkema Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Arkema Photoinitiators Product Portfolio
6.5.5 Arkema Recent Developments
6.6 DBC
6.6.1 DBC Comapny Information
6.6.2 DBC Business Overview
6.6.3 DBC Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.6.4 DBC Photoinitiators Product Portfolio
6.6.5 DBC Recent Developments
6.7 NewSun
6.7.1 NewSun Comapny Information
6.7.2 NewSun Business Overview
6.7.3 NewSun Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.7.4 NewSun Photoinitiators Product Portfolio
6.7.5 NewSun Recent Developments
6.8 Eutec
6.8.1 Eutec Comapny Information
6.8.2 Eutec Business Overview
6.8.3 Eutec Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Eutec Photoinitiators Product Portfolio
6.8.5 Eutec Recent Developments
6.9 Zhejiang Yangfan New Materials
6.9.1 Zhejiang Yangfan New Materials Comapny Information
6.9.2 Zhejiang Yangfan New Materials Business Overview
6.9.3 Zhejiang Yangfan New Materials Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Zhejiang Yangfan New Materials Photoinitiators Product Portfolio
6.9.5 Zhejiang Yangfan New Materials Recent Developments
6.10 Tronly
6.10.1 Tronly Comapny Information
6.10.2 Tronly Business Overview
6.10.3 Tronly Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Tronly Photoinitiators Product Portfolio
6.10.5 Tronly Recent Developments
6.11 Hongtai Chemical
6.11.1 Hongtai Chemical Comapny Information
6.11.2 Hongtai Chemical Business Overview
6.11.3 Hongtai Chemical Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Hongtai Chemical Photoinitiators Product Portfolio
6.11.5 Hongtai Chemical Recent Developments
6.12 Jinkangtai Chemical
6.12.1 Jinkangtai Chemical Comapny Information
6.12.2 Jinkangtai Chemical Business Overview
6.12.3 Jinkangtai Chemical Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Jinkangtai Chemical Photoinitiators Product Portfolio
6.12.5 Jinkangtai Chemical Recent Developments
6.13 Polynaisse
6.13.1 Polynaisse Comapny Information
6.13.2 Polynaisse Business Overview
6.13.3 Polynaisse Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Polynaisse Photoinitiators Product Portfolio
6.13.5 Polynaisse Recent Developments
6.14 Hubei Gurun
6.14.1 Hubei Gurun Comapny Information
6.14.2 Hubei Gurun Business Overview
6.14.3 Hubei Gurun Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Hubei Gurun Photoinitiators Product Portfolio
6.14.5 Hubei Gurun Recent Developments
6.15 Kurogane Kasei
6.15.1 Kurogane Kasei Comapny Information
6.15.2 Kurogane Kasei Business Overview
6.15.3 Kurogane Kasei Photoinitiators Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Kurogane Kasei Photoinitiators Product Portfolio
6.15.5 Kurogane Kasei Recent Developments
7 North America by Country
7.1 North America Photoinitiators Sales by Country
7.1.1 North America Photoinitiators Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Photoinitiators Sales by Country (2019-2024)
7.1.3 North America Photoinitiators Sales Forecast by Country (2025-2030)
7.2 North America Photoinitiators Market Size by Country
7.2.1 North America Photoinitiators Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Photoinitiators Market Size by Country (2019-2024)
7.2.3 North America Photoinitiators Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Photoinitiators Sales by Country
8.1.1 Europe Photoinitiators Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Photoinitiators Sales by Country (2019-2024)
8.1.3 Europe Photoinitiators Sales Forecast by Country (2025-2030)
8.2 Europe Photoinitiators Market Size by Country
8.2.1 Europe Photoinitiators Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Photoinitiators Market Size by Country (2019-2024)
8.2.3 Europe Photoinitiators Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Photoinitiators Sales by Country
9.1.1 Asia-Pacific Photoinitiators Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Photoinitiators Sales by Country (2019-2024)
9.1.3 Asia-Pacific Photoinitiators Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Photoinitiators Market Size by Country
9.2.1 Asia-Pacific Photoinitiators Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Photoinitiators Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Photoinitiators Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Photoinitiators Sales by Country
10.1.1 Latin America Photoinitiators Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Photoinitiators Sales by Country (2019-2024)
10.1.3 Latin America Photoinitiators Sales Forecast by Country (2025-2030)
10.2 Latin America Photoinitiators Market Size by Country
10.2.1 Latin America Photoinitiators Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Photoinitiators Market Size by Country (2019-2024)
10.2.3 Latin America Photoinitiators Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Photoinitiators Sales by Country
11.1.1 Middle East and Africa Photoinitiators Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Photoinitiators Sales by Country (2019-2024)
11.1.3 Middle East and Africa Photoinitiators Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Photoinitiators Market Size by Country
11.2.1 Middle East and Africa Photoinitiators Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Photoinitiators Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Photoinitiators Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Photoinitiators Value Chain Analysis
12.1.1 Photoinitiators Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Photoinitiators Production Mode & Process
12.2 Photoinitiators Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Photoinitiators Distributors
12.2.3 Photoinitiators Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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