UV Curable Resins Market Projected to Reach 697.2 Kilotons by 2018 – Report by MarketsandMarkets
(PRWEB) October 19, 2014 -- The report, “UV Curable Resins Market by Application, End-User Industry & Geography - Trends & Forecasts to 2018” defines and segments the global UV curable resins market with an analysis and forecasting of the global consumption volume and value.
Browse 78 market data tables and 26 figures spread through 178 pages and in-depth TOC on “UV Curable Resins Market by Application (Coatings, Inks, Adhesives, & Others), End-User Industry (Graphic Arts, Industrial Coatings, Electronics, & Others) & Geography - Trends & Forecasts to 2018”
http://www.marketsandmarkets.com/Market-Reports/uv-curable-resins-market-1324.html
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Currently, the demand of UV curable resins is driven by budding demand for green coatings due to stringent emission norms, growing electronics market, and growth by inks employed in packaging applications. Increasing penetration into various markets like metal coatings and 3D printing encloses the major opportunities in the UV curable resins market. UV curable products are moving out of the factories to the field applications, which is a direct result of numerous improvements in UV curing equipments and technological transformations in end products. In field curing, the major applications are concrete floor coating, wood floor coating, vinyl floor coating, countertops coating, tubs coating, etc.
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All of these application segments are in the phase of development with an effective commercialization expected in the coming years. Additionally, UV technology is also expected to be recognized as one of the leading technologies for the metal coatings application in the future contrary to its limited current footprint in this segment. The metal coatings market includes several industries, including automotive, protective, coil, can, etc.
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Also, 3D printing materials with high process ability, flexibility, and stability are the current revolution globally. The market demand for 3D printing materials is expected to grow at a rate of over 20.0% through 2013 and with the budding penetration of UV curable resins in this market, it may turn out to be a crucial opportunity for resin manufacturers in the future.
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