The global UV curable resins and formulated products market is expected to witness a CAGR of 9..8% during the forecast period 2025-30. UV curable resins & formulated products are polymerized and cured via the energy of UV radiations. The speed of curing these resins is high. Unlike solvent-based resins, UV curable resins and designed products do not generate odors or volatile organic compounds (VOCs). When UV light is applied to printing inks, adhesives, and coatings, the technology enables fast drying and curing through photopolymerization. Methacrylate, vinyl esters, and acrylates are among the oligomers and monomers used to make these resins. The increased adoption of UV-cured coatings among various industrial applications so as to enhance customer satisfaction and compliance with the government will escalate the growth of the UV curable resins and formulated products market. The initiatives by the government to focus on clean fuel and the rising number of adoptions in fuel cell electric vehicles will further accelerate the growth of the market. Nevertheless, the stringent regulations about VOC emission in Europe and North America and increasing demand for safe, eco-friendly, and sustainable products will propel the demand for UV curable resins & formulated products during the forecast period.
Covestro successfully completed the acquisition of the Resins & Functional Materials business (RFM) from the Dutch company Royal DSM in April 2021. Covestro's range of sustainable coating resins has been significantly expanded as a result of the deal, making the company one of the world's top providers in this fast-growing industry.
The COVID-19 pandemic has resulted in reduced demand from end-use applications and verticals, resulting in a slow down for UV curable resins and formulated products market. The COVID-19 pandemic has restricted the trade and disruption in the supply of raw material, which has resulted in acute demand and supply gap for several products including UV curable resins & formulated products.
Browse 63 market data Tables and 40 Figures spread through 250 Pages and in-depth TOC on " UV Curable Resins and Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, and Additives), by Chemistry (Acrylate Oligomers and Non-Acrylate Oligomers), by Technology (Solvent-Borne UV Resins, 100% Solid UV Resins, Waterborne UV Resins, and Powder UV Resins), by Application (Coatings, Overprint Varnishes, Printing Inks, Adhesives, and Others), and Region - Global Forecast to 2030"
By chemistry, the acrylate is projected to witness the largest market share during the forecast period.
Based on chemistry, the global UV curable resins and formulated products market is bifurcated into acrylate oligomers and non-acrylate oligomers. The acrylate segment dominates the market owing to the increased prominence of light cure resins that are made of acrylates are adopted for commercial use owing to its benefits like versatility, fast curing, high resistance to corrosion, and good performance.
Segment / Key Players |
Categorization |
Composition |
Oligomers, Monomers, Photoinitiators, and Additives |
Chemistry |
Acrylate Oligomers and Non-Acrylate Oligomers |
Technology |
Solvent-Borne UV Resins, 100% Solid UV Resins, Waterborne UV Resins, and Powder UV Resins |
Application |
Coatings, Overprint Varnishes, Printing Inks, Adhesives, and Others |
Key Players |
Allnex GMBH, Alberdingk Boley, BASF SE, Covestro AG, Wanhua, Miwon Specialty Chemical Co., Ltd., Showa Denko Materials Co., Ltd., Arkema, SOLTECH LTD., and TOAGOSEI CO., LTD. |
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“Asia-Pacific to hold the largest regional market share in UV curable resins and formulated products market.”
Asia-Pacific contributes to the significant share in the UV curable resins and formulated products market owing to emerging environmental and regulatory changes, rising consumer awareness about health and safety, and pressure from leading companies to enhance the environmental performance across the supply chain will propel the demand for UV curable resins and formulated products market in the region.
Some of the major players in the global UV Curable Resins and Formulated Products market include Allnex GMBH, Alberdingk Boley, BASF SE, Covestro AG, Wanhua, Miwon Specialty Chemical Co., Ltd., Showa Denko Materials Co., Ltd., Arkema, SOLTECH LTD., and TOAGOSEI CO., LTD.
Global UV Curable Resins and Formulated Products Market Coverage
Composition Insight and Forecast 2025-2030
Chemistry Insight and Forecast 2025-2030
Technology Insight and Forecast 2025-2030
Application Insight and Forecast 2025-2030
Geographical Segmentation
UV Curable Resins and Formulated Products Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)