Photocurable Resins Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Photocurable Resins Market covers analysis By Type (Monomers, Oligomers, Others); Application (Medical, Electronics, Coatings, Adhesives, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00026392
  • Category : Chemicals and Materials
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Photo curing states a particular way of radiation curing wherein several product formulations, including adhesives, coatings, inks, and other materials, can be cured rather than utilizing conventional methods, which produce harmful discharges and are energy demanding. The photocuring technology uses various multi-functional resins called UV curable resins. The resins used in the formulations can be largely classified as oligomers and monomers.

MARKET DYNAMICS

The photocurable resins market is undergoing tremendous growth that is likely to continue in the coming years, principally due to intense efforts to develop environment-friendly products globally. Many industry players are making several investments in order to balance the supply and demand and grab the tremendous potential opportunities in the future, resulting in the development of the global photocurable resins market.

MARKET SCOPE

The "Global Photocurable Resins Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the photocurable resins market with detailed market segmentation by type, application. The global photocurable resins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading photocurable resins market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global photocurable resins market is segmented into type, application. By type, the photocurable resins market is classified into Monomers, Oligomers, Others. By application, the photocurable resins market is classified into Medical, Electronics, Coatings, Adhesives, Others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global photocurable resins market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The photocurable resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the photocurable resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the photocurable resins market in these regions.

World Geography

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MARKET PLAYERS


The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global photocurable resins market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The photocurable resins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the photocurable resins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the photocurable resins market in these regions.

MARKET PLAYERS

The report covers vital developments in the photocurable resins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the photocurable resins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for photocurable resins in the global market. Below mentioned is the list of few companies engaged in the photocurable resins market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the photocurable resins market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Cytec
  •   Sartomer
  •   Eternal
  •   BASF SE
  •   Arkema
  •   IGM Resins B.V
  •   Others
  •   - -
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
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Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Photocurable Resins Market - By Type
1.3.2 Photocurable Resins Market - By Application
1.3.3 Photocurable Resins Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PHOTOCURABLE RESINS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS

5. PHOTOCURABLE RESINS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. PHOTOCURABLE RESINS MARKET - GLOBAL MARKET ANALYSIS
6.1. PHOTOCURABLE RESINS - GLOBAL MARKET OVERVIEW
6.2. PHOTOCURABLE RESINS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING

7. PHOTOCURABLE RESINS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. MONOMERS
7.3.1. Overview
7.3.2. Monomers Market Forecast and Analysis
7.4. OLIGOMERS
7.4.1. Overview
7.4.2. Oligomers Market Forecast and Analysis
7.5. OTHERS
7.5.1. Overview
7.5.2. Others Market Forecast and Analysis
8. PHOTOCURABLE RESINS MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MEDICAL
8.3.1. Overview
8.3.2. Medical Market Forecast and Analysis
8.4. ELECTRONICS
8.4.1. Overview
8.4.2. Electronics Market Forecast and Analysis
8.5. COATINGS
8.5.1. Overview
8.5.2. Coatings Market Forecast and Analysis
8.6. ADHESIVES
8.6.1. Overview
8.6.2. Adhesives Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis

9. PHOTOCURABLE RESINS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Photocurable Resins Market Overview
9.1.2 North America Photocurable Resins Market Forecasts and Analysis
9.1.3 North America Photocurable Resins Market Forecasts and Analysis - By Type
9.1.4 North America Photocurable Resins Market Forecasts and Analysis - By Application
9.1.5 North America Photocurable Resins Market Forecasts and Analysis - By Countries
9.1.5.1 United States Photocurable Resins Market
9.1.5.1.1 United States Photocurable Resins Market by Type
9.1.5.1.2 United States Photocurable Resins Market by Application
9.1.5.2 Canada Photocurable Resins Market
9.1.5.2.1 Canada Photocurable Resins Market by Type
9.1.5.2.2 Canada Photocurable Resins Market by Application
9.1.5.3 Mexico Photocurable Resins Market
9.1.5.3.1 Mexico Photocurable Resins Market by Type
9.1.5.3.2 Mexico Photocurable Resins Market by Application
9.2. EUROPE
9.2.1 Europe Photocurable Resins Market Overview
9.2.2 Europe Photocurable Resins Market Forecasts and Analysis
9.2.3 Europe Photocurable Resins Market Forecasts and Analysis - By Type
9.2.4 Europe Photocurable Resins Market Forecasts and Analysis - By Application
9.2.5 Europe Photocurable Resins Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Photocurable Resins Market
9.2.5.1.1 Germany Photocurable Resins Market by Type
9.2.5.1.2 Germany Photocurable Resins Market by Application
9.2.5.2 France Photocurable Resins Market
9.2.5.2.1 France Photocurable Resins Market by Type
9.2.5.2.2 France Photocurable Resins Market by Application
9.2.5.3 Italy Photocurable Resins Market
9.2.5.3.1 Italy Photocurable Resins Market by Type
9.2.5.3.2 Italy Photocurable Resins Market by Application
9.2.5.4 United Kingdom Photocurable Resins Market
9.2.5.4.1 United Kingdom Photocurable Resins Market by Type
9.2.5.4.2 United Kingdom Photocurable Resins Market by Application
9.2.5.5 Russia Photocurable Resins Market
9.2.5.5.1 Russia Photocurable Resins Market by Type
9.2.5.5.2 Russia Photocurable Resins Market by Application
9.2.5.6 Rest of Europe Photocurable Resins Market
9.2.5.6.1 Rest of Europe Photocurable Resins Market by Type
9.2.5.6.2 Rest of Europe Photocurable Resins Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Photocurable Resins Market Overview
9.3.2 Asia-Pacific Photocurable Resins Market Forecasts and Analysis
9.3.3 Asia-Pacific Photocurable Resins Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Photocurable Resins Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Photocurable Resins Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Photocurable Resins Market
9.3.5.1.1 Australia Photocurable Resins Market by Type
9.3.5.1.2 Australia Photocurable Resins Market by Application
9.3.5.2 China Photocurable Resins Market
9.3.5.2.1 China Photocurable Resins Market by Type
9.3.5.2.2 China Photocurable Resins Market by Application
9.3.5.3 India Photocurable Resins Market
9.3.5.3.1 India Photocurable Resins Market by Type
9.3.5.3.2 India Photocurable Resins Market by Application
9.3.5.4 Japan Photocurable Resins Market
9.3.5.4.1 Japan Photocurable Resins Market by Type
9.3.5.4.2 Japan Photocurable Resins Market by Application
9.3.5.5 South Korea Photocurable Resins Market
9.3.5.5.1 South Korea Photocurable Resins Market by Type
9.3.5.5.2 South Korea Photocurable Resins Market by Application
9.3.5.6 Rest of Asia-Pacific Photocurable Resins Market
9.3.5.6.1 Rest of Asia-Pacific Photocurable Resins Market by Type
9.3.5.6.2 Rest of Asia-Pacific Photocurable Resins Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Photocurable Resins Market Overview
9.4.2 Middle East and Africa Photocurable Resins Market Forecasts and Analysis
9.4.3 Middle East and Africa Photocurable Resins Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Photocurable Resins Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Photocurable Resins Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Photocurable Resins Market
9.4.5.1.1 South Africa Photocurable Resins Market by Type
9.4.5.1.2 South Africa Photocurable Resins Market by Application
9.4.5.2 Saudi Arabia Photocurable Resins Market
9.4.5.2.1 Saudi Arabia Photocurable Resins Market by Type
9.4.5.2.2 Saudi Arabia Photocurable Resins Market by Application
9.4.5.3 U.A.E Photocurable Resins Market
9.4.5.3.1 U.A.E Photocurable Resins Market by Type
9.4.5.3.2 U.A.E Photocurable Resins Market by Application
9.4.5.4 Rest of Middle East and Africa Photocurable Resins Market
9.4.5.4.1 Rest of Middle East and Africa Photocurable Resins Market by Type
9.4.5.4.2 Rest of Middle East and Africa Photocurable Resins Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Photocurable Resins Market Overview
9.5.2 South and Central America Photocurable Resins Market Forecasts and Analysis
9.5.3 South and Central America Photocurable Resins Market Forecasts and Analysis - By Type
9.5.4 South and Central America Photocurable Resins Market Forecasts and Analysis - By Application
9.5.5 South and Central America Photocurable Resins Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Photocurable Resins Market
9.5.5.1.1 Brazil Photocurable Resins Market by Type
9.5.5.1.2 Brazil Photocurable Resins Market by Application
9.5.5.2 Argentina Photocurable Resins Market
9.5.5.2.1 Argentina Photocurable Resins Market by Type
9.5.5.2.2 Argentina Photocurable Resins Market by Application
9.5.5.3 Rest of South and Central America Photocurable Resins Market
9.5.5.3.1 Rest of South and Central America Photocurable Resins Market by Type
9.5.5.3.2 Rest of South and Central America Photocurable Resins Market by Application

10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

11. PHOTOCURABLE RESINS MARKET, KEY COMPANY PROFILES
11.1. CYTEC
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. SARTOMER
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ETERNAL
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. BASF SE
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. ARKEMA
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IGM RESINS B.V
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. OTHERS
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments

12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies

1.Cytec
2.Sartomer
3.Eternal
4.BASF SE
5.Arkema
6.IGM Resins B.V
7.Others

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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