Waterborne UV Curable Resin Market Report: Trends, Forecast and Competitive Analysis to 2030
Waterborne UV Curable Resin Trends and Forecast
The future of the global waterborne UV curable resin market looks promising with opportunities in the wood, graphic, opto & electronic, foil & ink, and plastic applications. The global waterborne UV curable resin market is expected to reach an estimated $0.7 billion by 2030 with a CAGR of 8.1% from 2024 to 2030. The major drivers for this market are high demand for green & environment-friendly paint and coating and significant adaption of these resin in the wood industry.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Waterborne UV Curable Resin by Segment
The study includes a forecast for the global waterborne UV curable resin by chemistry, application, and region.
Waterborne UV Curable Resin Market by Chemistry [Shipment Analysis by Value from 2018 to 2030]:
Waterborne UV Curable Resin Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Wood
- Graphics
- Opto & Electronics
- Foil & Inks
- Plastics
- Others
Waterborne UV Curable Resin Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Waterborne UV Curable Resin Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies waterborne UV curable resin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the waterborne UV curable resin companies profiled in this report include-
- Allnex Belgium
- Alberdingk Boley
- Royal DSM
- Nippon Gohsei
- Wanhua Chemical
Waterborne UV Curable Resin Market Insights
Lucintel forecasts that urethane acrylate will remain the larger segment due to its better adhesion, durability, and resistance to chemicals and abrasion properties.
APAC will remain the largest region due to existence of major manufacturing hubs and significant demand for UV curable resin from various end use industries, such as electronics, optoelectronics & photovoltaics (OEPV), foil & labels, and graphic sector of the region.
Features of the Global Waterborne UV Curable Resin Market
Market Size Estimates: Waterborne UV curable resin market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Waterborne UV curable resin market size by chemistry, application, and region in terms of value ($B).
Regional Analysis: Waterborne UV curable resin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different chemistries, applications, and regions for the waterborne UV curable resin market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the waterborne UV curable resin market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the waterborne UV curable resin market size?
Answer: The global waterborne UV curable resin market is expected to reach an estimated $0.7 billion by 2030.
Q.2 What is the growth forecast for waterborne UV curable resin market?
Answer: The global waterborne UV curable resin market is expected to grow with a CAGR of 8.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the waterborne UV curable resin market?
Answer: The major drivers for this market are high demand for green & environment-friendly paint and coating and significant adaption of these resin in the wood industry.
Q4. What are the major segments for waterborne UV curable resin market?
Answer: The future of the waterborne UV curable resin market looks promising with opportunities in the wood, graphic, opto & electronic, foil & ink, and plastic applications.
Q5. Who are the key waterborne UV curable resin market companies?
Answer: Some of the key waterborne UV curable resin companies are as follows:
- Allnex Belgium
- Alberdingk Boley
- Royal DSM
- Nippon Gohsei
- Wanhua Chemical
Q6. Which waterborne UV curable resin market segment will be the largest in future?
Answer: Lucintel forecasts that urethane acrylate will remain the larger segment due to its better adhesion, durability, and resistance to chemicals and abrasion properties.
Q7. In waterborne UV curable resin market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region due to existence of major manufacturing hubs and significant demand for UV curable resin from various end use industries, such as electronics, optoelectronics & photovoltaics (OEPV), foil & labels, and graphic sector of the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the waterborne UV curable resin market by chemistry (urethane acrylate and blend), application (wood, graphics, opto & electronics, foil & inks, plastics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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