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Radical UV Curable Resin Market Key Insights
Radical UV Curable Resin Market Analysis by Regions
Radical UV Curable Resin Market Analysis by Segments
Radical UV Curable Resin Market Size (current and future)
Radical UV Curable Resin Market Competitive Benchmarking
2 years ago
Global Radical UV Curable Resin Market Size study, by Type (Epoxy Acrylate Resin, Urethane Acrylate Resin, Polyester Acrylic Resin, Others) by Application (Coatings, Inks, Adhesives, Others) and Regional Forecasts 2020-2027.
Global Radical UV-Curable Resin Market is valued approximately USD XXX billion in 2019 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2020-2027. Ultraviolet Curing resins are photochemical products which use UV light to dry or cure coatings and adhesives instantly. These offer many advantages over conventional cure as they consume less energy an...
Radical UV Curable Resin Market
Radical UV-curable resin is a two-component polymer system with a radical accelerator as the curing agent. The radical accelerator aids in curing the resin by accelerating the reaction between the two polymer components. This type of resin is used in coatings, adhesives, and sealants, among other products.
Radical UV-curable resins are superior to conventional adhesives due to their superior performance and resistance to water exposure.
The radical UV curable resin market is expected to grow at a CAGR of **% during the forecast period. This expansion can be attributed to factors such as rising demand for UV-curable coatings in a variety of industrial and consumer applications, growing awareness of the advantages of radical UV-curable resins, and a greater emphasis on sustainability initiatives.
The Asia-Pacific region is the fastest-growing market for radical UV curable resins between 2018 and 2031, with a CAGR of over 12%. This expansion can be attributed to the expanding use of these resins in the manufacturing sector, particularly the automotive industry. Regional competitors are unable to keep up with the increased competition.
DuPont Co., Ltd., BASF SE, Akzo Nobel N.V., and 3M Company are key players in the global radical UV curable resin market.
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