UV-Curable Resins Market Size, Growth, Insights, Trends, CAGR Status and Future Outlook
UV-Curable Resins Market Growth, Size, Trends Analysis - By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
| Published: Feb-2025 | Report ID: CHEM2514 | Pages: 1 - 236 | Formats*: |
| Category : Chemical & Materials | |||
UV-Curable Resins Market Introduction and Overview
According to SPER Market Research, the Global UV-Curable Resins Market is estimated to reach USD 13.57 billion by 2034 with a CAGR of 10.78%.
The report includes an in-depth analysis of the Global UV-Curable Resins Market, including market size and trends, product mix, Applications, and supplier analysis. The growing emphasis on reducing volatile organic compound (VOC) emissions has driven the demand for ultraviolet (UV) curing technology, which provides an eco-friendly alternative to traditional thermal curing methods. UV-curable resins offer fast curing times and improved chemical resistance, fueling market expansion. Increasing disposable income is encouraging consumers to buy products that enhance both aesthetics and functionality, further boosting the demand for UV-curable coatings. These coatings are commonly used in plastic paints for household items and optical films made from materials like calcium fluoride, UV-fused silica, and sapphire. This leads to greater accessibility, affordability, and ease of fabrication compared to many other UV-transmitting materials. However, Challenges with waterborne UV coatings include grain raising from moisture, leading to uneven surfaces, and the need for proper sanding and humidity control. Additionally, limited substrate compatibility and the requirement for pre-treatments like chemical priming increase complexity and cost in the UV-curing process.
By Product: In 2024, The monomer segment is the leading player in the market, as monomers provide a wide range of functional properties for resin development, tailored to meet specific application needs. Ongoing research to incorporate new monomers into UV resins is improving product performance and broadening their appeal. Additionally, the lower production costs associated with monomers are driving growth in this segment. The photo initiator segment is expected to grow the fastest during the forecast period. Photo initiators enhance curing efficiency by enabling quicker curing, reducing energy consumption, and speeding up production.
By Application: The industrial segment led the market in 2024, driven by the use of UV-curable resins in applications like inks, coatings, sealants, and adhesives. The packaging industry benefits from UV-curable inks and coatings, enabling faster production. The demand for fuel-efficient, lightweight vehicles has also boosted UV-curable resins in 3D printing, coatings, and adhesives. The graphic arts segment is expected to grow significantly, as UV resins improve efficiency, quality, and environmental impact in inks, coatings, and adhesives.
By Regional Insights: The North American UV curable resins market led the industry in 2024, driven by growing environmental concerns pushing businesses to adopt UV-curable resins. In 2024, the U.S. UV curable resins market held a significant share. UV curing provides faster production cycles, immediate curing, and higher output, resulting in less material waste and improved profitability and efficiency. Europe emerged as a promising market for UV curable resins in 2024, fueled by increasing environmental awareness. The demand for eco-friendly products, particularly UV-curable wood coatings with biodegradable features, is driving market growth.
Market Competitive Landscape:
The market is moderately consolidated. Some of the market key players are Arkema Group, Astorg (IGM Resins), BASF SE, Covestro AG, DSM, Geminor, Jiangsu Litian Technology Co., Ltd., Mitsubishi Chemical Europe GmbH (Nippon-Gohsei), Resonac Holdings Corporation, SOLTECH LTD, and TOAGOSEI CO., LTD.
Recent Developments:
- Panacol introduced UV-curable black epoxy resin adhesives in March 2024. There is no requirement for a secondary curing mechanism because they can be cured in thick layers utilizing UV light.
- Sartomer specialty UV/LED curing resins were first produced by Arkema in October 2023. Production at its enlarged site in China has started. In the Asian market, this is anticipated to encourage the development of sustainable solutions for applications like electronics.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2021-2034 |
| Base year considered | 2024 |
| Forecast period | 2025-2034 |
| Segments covered | By Grade, By Carrier Production Process, By Application. |
| Regions covered | North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa. |
| Companies Covered | Arkema Group, Astorg (IGM Resins), BASF SE, Covestro AG, DSM, Geminor, Jiangsu Litian Technology Co., Ltd., Mitsubishi Chemical Europe GmbH (Nippon-Gohsei), Resonac Holdings Corporation, SOLTECH LTD, and TOAGOSEI CO., LTD. and others. |
Key Topics Covered in the Report:
- Global UV-Curable Resins Market Size (FY’2021-FY’2034)
- Overview of Global UV-Curable Resins Market
- Segmentation of Global UV-Curable Resins Market By Product (Monomers, Oligomers, Photo initiators, Others)
- Segmentation of Global UV-Curable Resins Market By Application (Wood Coatings, Graphics Art, Industrial, Automotive, Others)
- Statistical Snap of Global UV-Curable Resins Market
- Expansion Analysis of Global UV-Curable Resins Market
- Problems and Obstacles in Global UV-Curable Resins Market
- Competitive Landscape in the Global UV-Curable Resins Market
- Details on Current Investment in Global UV-Curable Resins Market
- Competitive Analysis of Global UV-Curable Resins Market
- Prominent Players in the Global UV-Curable Resins Market
- SWOT Analysis of Global UV-Curable Resins Market
- Global UV-Curable Resins Market Future Outlook and Projections (FY’2025-FY’2034)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPERs internal database2.1.4. Premium insight from KOLs
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTERs Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global UV-Curable Resins Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global UV-Curable Resins Market
7. Global UV-Curable Resins Market, By Product, (USD Million) 2021-2034
7.1. Monomers7.2. Oligomers7.3. Photo initiators7.4. Others
8. Global UV-Curable Resins Market, By Application, (USD Million) 2021-2034
8.1. Wood Coatings8.2. Graphics Art8.3. Industrial8.4. Automotive8.5. Others
9. Global UV-Curable Resins Market, (USD Million) 2021-2034
9.1. Global UV-Curable Resins Market Size and Market Share
10. Global UV-Curable Resins Market, By Region, (USD Million) 2021-2034
10.1. Asia-Pacific
10.1.1. Australia10.1.2. China10.1.3. India10.1.4. Japan10.1.5. South Korea10.1.6. Rest of Asia-Pacific
10.2. Europe
10.2.1. France10.2.2. Germany10.2.3. Italy10.2.4. Spain10.2.5. United Kingdom10.2.6. Rest of Europe
10.3. Middle East and Africa
10.3.1. Kingdom of Saudi Arabia10.3.2. United Arab Emirates10.3.3. Qatar10.3.4. South Africa10.3.5. Egypt10.3.6. Morocco10.3.7. Nigeria10.3.8. Rest of Middle-East and Africa
10.4. North America
10.4.1. Canada10.4.2. Mexico10.4.3. United States
10.5. Latin America
10.5.1. Argentina10.5.2. Brazil10.5.3. Rest of Latin America
11. Company Profile
11.1. Arkema Group
11.1.1. Company details11.1.2. Financial outlook11.1.3. Product summary11.1.4. Recent developments
11.2. Astorg (IGM Resins)
11.2.1. Company details11.2.2. Financial outlook11.2.3. Product summary11.2.4. Recent developments
11.3. BASF SE
11.3.1. Company details11.3.2. Financial outlook11.3.3. Product summary11.3.4. Recent developments
11.4. Covestro AG
11.4.1. Company details11.4.2. Financial outlook11.4.3. Product summary11.4.4. Recent developments
11.5. DSM
11.5.1. Company details11.5.2. Financial outlook11.5.3. Product summary11.5.4. Recent developments
11.6. Geminor
11.6.1. Company details11.6.2. Financial outlook11.6.3. Product summary11.6.4. Recent developments
11.7. Jiangsu Litian Technology Co., Ltd.
11.7.1. Company details11.7.2. Financial outlook11.7.3. Product summary11.7.4. Recent developments
11.8. Mitsubishi Chemical Europe GmbH (Nippon-Gohsei)
11.8.1. Company details11.8.2. Financial outlook11.8.3. Product summary11.8.4. Recent developments
11.9. Resonac Holdings Corporation
11.9.1. Company details11.9.2. Financial outlook11.9.3. Product summary11.9.4. Recent developments
11.10. SOLTECH LTD
11.10.1. Company details11.10.2. Financial outlook11.10.3. Product summary11.10.4. Recent developments
11.11. TOAGOSEI CO., LTD.
11.11.1. Company details11.11.2. Financial outlook11.11.3. Product summary11.11.4. Recent developments
11.12. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The North America is anticipated to have the highest Market share in the UV-Curable Resins Market.
The key players in the Market include Companies Covered Arkema Group, Astorg (IGM Resins), BASF SE, Covestro AG, DSM, Geminor, Jiangsu Litian Technology Co., Ltd., Mitsubishi Chemical Europe GmbH (Nippon-Gohsei), Resonac Holdings Corporation, SOLTECH LTD, and TOAGOSEI CO., LTD. and others.
he growing emphasis on reducing volatile organic compound (VOC) emissions has driven the demand for ultraviolet (UV) curing technology, which provides an eco-friendly alternative to traditional thermal curing methods.
UV-Curable Resins Market is projected to reach USD 13.57 billion by 2034, growing at a CAGR of 10.78% during the forecast period.
UV-Curable Resins Market grew in Market size from 2025. The Market is expected to reach USD 13.57 billion by 2034, at a CAGR of 10.78% during the forecast period.
UV-Curable Resins Market CAGR of 10.78% during the forecast period.
You can get the sample pages by clicking the link - Click Here
UV-Curable Resins Market size is USD 13.57 billion from 2025 to 2034.
UV-Curable Resins Market is covered By Grade, By Carrier Production Process, By Application.
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