Global Photoinitiators Market Growth 2023-2029

Global Photoinitiators Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Photoinitiators Industry Forecast” looks at past sales and reviews total world Photoinitiators sales in 2022, providing a comprehensive analysis by region and market sector of projected Photoinitiators sales for 2023 through 2029. With Photoinitiators sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Photoinitiators industry.
This Insight Report provides a comprehensive analysis of the global Photoinitiators landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Photoinitiators portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Photoinitiators market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Photoinitiators and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Photoinitiators.
The global Photoinitiators market size is projected to grow from US$ 724.9 million in 2022 to US$ 825.1 million in 2029; it is expected to grow at a CAGR of 825.1 from 2023 to 2029.
The major players in global Photoinitiators market include IGM Resins, Tianjin Jiuri New Materials, etc. The top 2 players occupy about 50% shares of the global market. China and Europe are main markets, they occupy over 85% of the global market. Free-radical Type Photoinitiator is the main type, with a share over 80%. Paints and Inks are two key applications, hold about 60% shares altogether.
This report presents a comprehensive overview, market shares, and growth opportunities of Photoinitiators market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Free-radical Type Photoinitiator
Cationic Type Photoinitiator
Segmentation by application
Paints
Inks
Adhesives
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Photoinitiators market?
What factors are driving Photoinitiators market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Photoinitiators market opportunities vary by end market size?
How does Photoinitiators break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.