Global Photoinitiators Competitive Landscape Professional Research Report 2025

Research Summary

Photoinitiators are substances that play a crucial role in photopolymerization processes, where a polymer undergoes a chemical reaction induced by light exposure. These compounds absorb light energy and, upon activation, initiate or accelerate the polymerization reaction. Photoinitiators are commonly used in the manufacturing of various light-cured materials, such as adhesives, coatings, inks, and dental composites. When exposed to ultraviolet (UV) or visible light, photoinitiators generate free radicals or other reactive species that facilitate the crosslinking of monomers, leading to the formation of a solid polymer. This light-induced curing process is advantageous for its speed and precision, allowing for rapid production and the creation of materials with specific properties. Photoinitiators contribute significantly to the versatility and efficiency of photopolymerization techniques in a wide range of industrial applications.

According to DIResearch's in-depth investigation and research, the global Photoinitiators market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Photoinitiators include IGM Resins, Tianjin Jiuri New Materials, Tronly, Hubei Gurun, Arkema, DBC, Zhejiang Yangfan New Materials, Jinkangtai Chemical, NewSun, Eutec, Polynaisse, Kurogane Kasei etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Photoinitiators. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Photoinitiators market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Photoinitiators market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Photoinitiators industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Photoinitiators Include:

IGM Resins

Tianjin Jiuri New Materials

Tronly

Hubei Gurun

Arkema

DBC

Zhejiang Yangfan New Materials

Jinkangtai Chemical

NewSun

Eutec

Polynaisse

Kurogane Kasei

Photoinitiators Product Segment Include:

Free-radical Type Photoinitiator

Cationic Type Photoinitiator

Photoinitiators Product Application Include:

Paints

Inks

Adhesives

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Photoinitiators Capacity and Production Analysis

Chapter 3: Global Photoinitiators Industry PESTEL Analysis

Chapter 4: Global Photoinitiators Industry Porter's Five Forces Analysis

Chapter 5: Global Photoinitiators Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 6: Global Photoinitiators Market Size and Forecast by Type and Application Analysis

Chapter 7: North America Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: Europe Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: China Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: APAC (Excl. China) Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Latin America Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Middle East and Africa Photoinitiators Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 13: Global Photoinitiators Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 14: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 15: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 16: Research Findings and Conclusion

Chapter 17: Methodology and Data Sources


1 Photoinitiators Market Overview
1.1 Product Definition and Statistical Scope
1.2 Photoinitiators Product by Type
1.2.1 Free-radical Type Photoinitiator
1.2.2 Cationic Type Photoinitiator
1.3 Photoinitiators Product by Application
1.3.1 Paints
1.3.2 Inks
1.3.3 Adhesives
1.3.4 Others
1.4 Global Photoinitiators Market Revenue and Sales Analysis
1.4.1 Global Photoinitiators Revenue Market Size Analysis (2020-2032)
1.4.2 Global Photoinitiators Sales Market Size Analysis (2020-2032)
1.4.3 Global Photoinitiators Market Sales Price Trend Analysis (2020-2032)
1.5 Photoinitiators Industry Trends and Innovation
1.5.1 Photoinitiators Industry Trends and Innovation
1.5.2 Photoinitiators Market Drivers and Challenges
2 Global Photoinitiators Capacity and Production Analysis
2.1 Global Photoinitiators Capacity, Production and Utilization (2020-2032)
2.2 Global Photoinitiators Production Growth Trend by Region: 2024 VS 2025 VS 2030
2.3 Global Photoinitiators Production by Region
2.3.1 Global Photoinitiators Production by Region (2020-2025)
2.3.2 Global Photoinitiators Production Forecast by Region (2026-2032)
2.3.3 Global Photoinitiators Production Market Share by Region (2020-2032)
3 Photoinitiators Market PESTEL Analysis
3.1 Political Factors Analysis
3.2 Economic Factors Analysis
3.3 Social Factors Analysis
3.4 Technological Factors Analysis
3.5 Environmental Factors Analysis
3.6 Legal Factors Analysis
4 Photoinitiators Market Porter's Five Forces Analysis
4.1 Competitive Rivalry
4.2 Threat of New Entrants
4.3 Bargaining Power of Suppliers
4.4 Bargaining Power of Buyers
4.5 Threat of Substitutes
5 Global Photoinitiators Market Analysis by Regions
5.1 Photoinitiators Overall Market: 2024 VS 2025 VS 2032
5.2 Global Photoinitiators Revenue and Forecast Analysis (2020-2032)
5.2.1 Global Photoinitiators Revenue and Market Share by Region (2020-2025)
5.2.2 Global Photoinitiators Revenue and Market Forecast by Region (2026-2032)
5.3 Global Photoinitiators Sales and Forecast Analysis (2020-2032)
5.3.1 Global Photoinitiators Sales and Market Share by Region (2020-2025)
5.3.2 Global Photoinitiators Sales and Market Forecast by Region (2026-2032)
5.4 Global Photoinitiators Sales Price Trend Analysis (2020-2032)
6 Global Photoinitiators Market Size by Type and Application
6.1 Global Photoinitiators Market Size by Type
6.1.1 Global Photoinitiators Revenue and Forecast Analysis by Type (2020-2032)
6.1.2 Global Photoinitiators Sales and Forecast Analysis by Type (2020-2032)
6.2 Global Photoinitiators Market Size by Application
6.2.1 Global Photoinitiators Revenue and Forecast Analysis by Application (2020-2032)
6.2.2 Global Photoinitiators Sales and Forecast Analysis by Application (2020-2032)
7 North America
7.1 North America Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
7.2 North America Key Manufacturers Analysis
7.3 North America Photoinitiators Market Size by Type
7.3.1 North America Photoinitiators Sales by Type (2020-2032)
7.3.2 North America Photoinitiators Revenue by Type (2020-2032)
7.4 North America Photoinitiators Market Size by Application
7.4.1 North America Photoinitiators Sales by Application (2020-2032)
7.4.2 North America Photoinitiators Revenue by Application (2020-2032)
7.5 North America Photoinitiators Market Size by Country
7.5.1 US
7.5.2 Canada
8 Europe
8.1 Europe Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
8.2 Europe Key Manufacturers Analysis
8.3 Europe Photoinitiators Market Size by Type
8.3.1 Europe Photoinitiators Sales by Type (2020-2032)
8.3.2 Europe Photoinitiators Revenue by Type (2020-2032)
8.4 Europe Photoinitiators Market Size by Application
8.4.1 Europe Photoinitiators Sales by Application (2020-2032)
8.4.2 Europe Photoinitiators Revenue by Application (2020-2032)
8.5 Europe Photoinitiators Market Size by Country
8.5.1 Germany
8.5.2 France
8.5.3 United Kingdom
8.5.4 Italy
8.5.5 Spain
8.5.6 Benelux
9 China
9.1 China Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
9.2 China Key Manufacturers Analysis
9.3 China Photoinitiators Market Size by Type
9.3.1 China Photoinitiators Sales by Type (2020-2032)
9.3.2 China Photoinitiators Revenue by Type (2020-2032)
9.4 China Photoinitiators Market Size by Application
9.4.1 China Photoinitiators Sales by Application (2020-2032)
9.4.2 China Photoinitiators Revenue by Application (2020-2032)
10 APAC (excl. China)
10.1 APAC (excl. China) Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
10.2 APAC (excl. China) Key Manufacturers Analysis
10.3 APAC (excl. China) Photoinitiators Market Size by Type
10.3.1 APAC (excl. China) Photoinitiators Sales by Type (2020-2032)
10.3.2 APAC (excl. China) Photoinitiators Revenue by Type (2020-2032)
10.4 APAC (excl. China) Photoinitiators Market Size by Application
10.4.1 APAC (excl. China) Photoinitiators Sales by Application (2020-2032)
10.4.2 APAC (excl. China) Photoinitiators Revenue by Application (2020-2032)
10.5 APAC (excl. China) Photoinitiators Market Size by Country
10.5.1 Japan
10.5.2 South Korea
10.5.3 India
10.5.4 Australia
10.5.5 Southeast Asia
11 Latin America
11.1 Latin America Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
11.2 Latin America Key Manufacturers Analysis
1`.3 Latin America Photoinitiators Market Size by Type
11.3.1 Latin America Photoinitiators Sales by Type (2020-2032)
11.3.2 Latin America Photoinitiators Revenue by Type (2020-2032)
11.4 Latin America Photoinitiators Market Size by Application
11.4.1 Latin America Photoinitiators Sales by Application (2020-2032)
11.4.2 Latin America Photoinitiators Revenue by Application (2020-2032)
11.5 Latin America Photoinitiators Market Size by Country
11.6 Latin America Photoinitiators Market Size by Country
11.6.1 Mexico
11.6.2 Brazil
12 Middle East & Africa
12.1 Middle East & Africa Photoinitiators Market Size and Growth Rate Analysis (2020-2032)
12.2 Middle East & Africa Key Manufacturers Analysis
12.3 Middle East & Africa Photoinitiators Market Size by Type
12.3.1 Middle East & Africa Photoinitiators Sales by Type (2020-2032)
12.3.2 Middle East & Africa Photoinitiators Revenue by Type (2020-2032)
12.4 Middle East & Africa Photoinitiators Market Size by Application
12.4.1 Middle East & Africa Photoinitiators Sales by Application (2020-2032)
12.4.2 Middle East & Africa Photoinitiators Revenue by Application (2020-2032)
12.5 Middle East Photoinitiators Market Size by Country
12.5.1 Saudi Arabia
12.5.2 South Africa
13 Competition by Manufacturers
13.1 Global Photoinitiators Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
13.1.1 Global Photoinitiators Market Sales by Key Manufacturers (2021-2025)
13.1.2 Global Photoinitiators Market Revenue by Key Manufacturers (2021-2025)
13.1.3 Global Photoinitiators Average Sales Price by Manufacturers (2021-2025)
13.2 Photoinitiators Competitive Landscape Analysis and Market Dynamic
13.2.1 Photoinitiators Competitive Landscape Analysis
13.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
13.2.3 Market Dynamic
14 Key Companies Analysis
14.1 IGM Resins
14.1.1 IGM Resins Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.1.2 IGM Resins Photoinitiators Product Portfolio
14.1.3 IGM Resins Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.2 Tianjin Jiuri New Materials
14.2.1 Tianjin Jiuri New Materials Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.2.2 Tianjin Jiuri New Materials Photoinitiators Product Portfolio
14.2.3 Tianjin Jiuri New Materials Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.3 Tronly
14.3.1 Tronly Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.3.2 Tronly Photoinitiators Product Portfolio
14.3.3 Tronly Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.4 Hubei Gurun
14.4.1 Hubei Gurun Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.4.2 Hubei Gurun Photoinitiators Product Portfolio
14.4.3 Hubei Gurun Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.5 Arkema
14.5.1 Arkema Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.5.2 Arkema Photoinitiators Product Portfolio
14.5.3 Arkema Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.6 DBC
14.6.1 DBC Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.6.2 DBC Photoinitiators Product Portfolio
14.6.3 DBC Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.7 Zhejiang Yangfan New Materials
14.7.1 Zhejiang Yangfan New Materials Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.7.2 Zhejiang Yangfan New Materials Photoinitiators Product Portfolio
14.7.3 Zhejiang Yangfan New Materials Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.8 Jinkangtai Chemical
14.8.1 Jinkangtai Chemical Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.8.2 Jinkangtai Chemical Photoinitiators Product Portfolio
14.8.3 Jinkangtai Chemical Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.9 NewSun
14.9.1 NewSun Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.9.2 NewSun Photoinitiators Product Portfolio
14.9.3 NewSun Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.10 Eutec
14.10.1 Eutec Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.10.2 Eutec Photoinitiators Product Portfolio
14.10.3 Eutec Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.11 Polynaisse
14.11.1 Polynaisse Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.11.2 Polynaisse Photoinitiators Product Portfolio
14.11.3 Polynaisse Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
14.12 Kurogane Kasei
14.12.1 Kurogane Kasei Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
14.12.2 Kurogane Kasei Photoinitiators Product Portfolio
14.12.3 Kurogane Kasei Photoinitiators Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
15 Industry Chain Analysis
15.1 Photoinitiators Industry Chain Analysis
15.2 Photoinitiators Industry Raw Material and Suppliers Analysis
15.2.1 Photoinitiators Key Raw Material Supply Analysis
15.2.2 Raw Material Suppliers and Contact Information
15.3 Photoinitiators Typical Downstream Customers
15.4 Photoinitiators Sales Channel Analysis
16 Research Findings and Conclusion
17 Methodology and Data Source
17.1 Methodology/Research Approach
17.2 Research Scope
17.3 Benchmarks and Assumptions
17.4 Date Source
17.4.1 Primary Sources
17.4.2 Secondary Sources
17.5 Data Cross Validation
17.6 Disclaimer

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