Increase in demand for eco-friendly paints & coatings and architectural coatings facilitate the market growth. Based on region, Asia-Pacific accounted for more than one-third of the total share of the global UV curable resin market in 2018. This region is expected to maintain its lead position in terms of revenue during the forecast period. Contrarily, North America held less than one-third of the total market share in 2018.

Portland, OR, Oct. 15, 2019 (GLOBE NEWSWIRE) -- The global UV curable resin market generated $4.74 billion in 2018 and is estimated to garner $9.76 billion by 2026, growing at a CAGR of 9.4% from 2019 to 2026. The report provides a detailed analysis of changing market dynamics, market size & estimations, key segments, and competitive landscape.

Request Report Sample at https://www.alliedmarketresearch.com/request-sample/5608

Increase in demand for eco-friendly paints & coatings and architectural coatings facilitate market growth. However, fluctuating raw material prices and limited light penetration depth restrain the growth of the market. On the other hand, a significant surge in green initiatives creates new opportunities in the industry. 

Based on resin type, the acrylate epoxies segment accounted for the largest market share in the global UV curable resin market, holding more than one-third of the total market share in 2018, and is expected to dominate throughout the forecast period. On the other hand, the acrylate urethanes segment would register the highest growth rate with a CAGR of 10.3% from 2019 to 2026, owing to exception characteristics offering all-around performance for different substrates, better film hardness, elasticity and cure speed, and superior flexibility and durability.

Based on the application, the coating segment held nearly one-third of the total market share of the global UV curable resin market in 2018 and is estimated to maintain its leadership status during the forecast period. However, the printing segment is projected to grow at the highest CAGR of 11.0% from 2019 to 2026, owing to the significant increase in usage of innovative printing technologies including inkjet for achieving technical advantages.

Based on the region, Asia-Pacific accounted for more than one-third of the total share of the global UV curable resin market in 2018. This region is expected to maintain its lead position in terms of revenue during the forecast period. Moreover, it is expected to grow at the highest rate with a CAGR of 10.6% from 2019 to 2026. This is attributed to a significant increase in the demand for paints and coating along with a surge in its usage in the automotive industry. On the other hand, North America held less than one-third of the total market share in 2018.

For Purchase Enquiry at https://www.alliedmarketresearch.com/purchase-enquiry/5608

Leading market players operating in the industry are BASF SE, Hitachi Chemical, Jiangsu Litian Technology, DSM-AGI, Sartomer, Allnex Belgium S.A., Eternal Materials, IGM, Miwon Specialty Chemical, Dymax, and Jiangsu Sanmu Group.

About Us:

Allied Market Research (AMR) is a full-service market research and business -consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada): +1-800-792-5285, +1-503-446-1141
International: +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com 
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn:  https://www.linkedin.com/company/allied-market-research/