Dallas, Texas (PRWEB) February 11, 2014
Polycarbonate is a dominant engineering plastic. It also upholds the image of commodity plastics due to the high consumption and its applicability in a varied range of industries. The PC market experiences strong growth that is expected to get robust in the future. This growth is due to its tremendous physical properties that make it an efficient replacement for traditional plastics and other materials.
PC resins market is experiencing huge growth, which is expected to continue in the near future, mainly driven by the highly growing Asia-Pacific region and intense efforts at the customer’s end to provide better products. Significant amount of investments are made by various market players in order to be prepared to serve the high potential regions in future. Presently, Asia-Pacific and Western Europe are the largest consumers of PC resins.
The key drivers of the industry are its applicability in electrical & electronic manufacturing and increased use of in automotive applications. Bisphenol A residue in PC packaging is a restraining factor that prevails in the market, which limits the consumption. Increasing penetration in various applications such as medical equipment, auto glazing, blu–ray discs and others, pave way for its consumption in countries with significant potential and low production capabilities. These countries would serve as the upcoming opportunities in the market and value chain.
Major companies offering superplasticizers are actively involved in launching new products in the market by investing in R&D. Irrespective of the company’s size, all the market participants are actively investing in developing new products and delivering them to the market. The manufacturing companies are leveraging distribution networks of major companies by entering in to strategic supply and distribution agreements. In this way, companies are able to explore new markets and penetrate into the existing markets with highly efficient products.
Complete report of Polycarbonate Resin Market available @ http://www.rnrmarketresearch.com/polycarbonate-resin-market-by-applications-automotive-consumer-electrical-electronic-medical-optical-media-packaging-sheet-film-geography-trends-forecasts-to-2018-market-report.html . OR Order a Purchase Copy @ http://www.rnrmarketresearch.com/contacts/purchase?rname=147318 .
UV curing has found a wide acceptance in various industries, on account of its high performance and emission-free nature. Though coatings and inks are the major UV curable products, they serve an array of industries due to various properties and performance advantages. As an end user, the market of UV curable resins can be segmented into graphic arts, industrial coatings, and electronics.
Asia-Pacific is the biggest market of UV curable resins, consuming more than half of the total global demand for UV curable resins, and also the fastest growing market after ROW region. There is a lot of scope in the Asia-Pacific market due to strong manufacturing industry of coatings, inks and adhesives, which are the major target segments of UV curable resins. Additionally, need for performance products for manufacturing electronic equipments is pushing the demand for energy curable products at a considerable pace in the region. With the implementation of emission standards effectively in the region, the demand growth for UV curable resins may improve further at a high pace.
Currently, the penetration of UV curable resins is increasing in coatings and inks manufacturing segment at a very high pace around the globe. Industrial coating, as an end user industry is strong in all the regions while electronics industry is strong only in Asia-Pacific with demand of UV formulated products by graphic arts industry being quite low in the region. The key drivers for this are budding demand for green coatings, growing electronics manufacturing, and increased use of environment-friendly inks in packaging applications. Increasing penetration in various applications like field coatings, coil coatings, 3D printing, etc. and countries with significant potential and low production capabilities are the major upcoming opportunities in the market, and value chain or plant integration is identified as a key strategy to capitalize on these opportunities.
Complete report of UV Curable Resins Market available @ http://www.rnrmarketresearch.com/uv-curable-resins-market-by-application-coatings-inks-adhesives-others-end-user-industry-graphic-arts-industrial-coatings-electronics-others-geography-trends-forecasts-to-2018-market-report.html . OR Order a Purchase Copy @ http://www.rnrmarketresearch.com/contacts/purchase?rname=147233 .
Browse more reports on Resins Market @ http://www.rnrmarketresearch.com/reports/materials-chemicals/plastics/resins .
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