The report "Waterborne UV Curable Resins Market by Chemistry (Urethane Acrylate and Blend), by Application (Wood, Graphics, Opto & Electronics, Foil & Inks, and Plastics), and by Region - Global Forecasts to 2020", is projected to reach USD 230.3 Million by 2020, growing at a CAGR of 13.52% from 2015 to 2020. Environmentally friendly and healthier systems necessitated by stringent new government regulations, the need to reduce system costs, and the rising need for enhancing the performance, durability, and ease of use of products are the key factors contributing to the growth of the waterborne UV curable resins market.
Browse 68 tables and 35 figures spread through 126 Pages and in-depth TOC on "Waterborne UV Curable Resins Market by Chemistry (Urethane Acrylate and Blend), by Application (Wood, Graphics, Opto & Electronics, Foil & Inks, and Plastics), and by Region - Global Forecasts to 2020"
https://www.marketsandmarkets.com/Market-Reports/waterborne-uv-curable-resins-market-59672941.html
Early buyers will receive 10% customization on reports.
Environmental concerns, growing awareness, and increasingly stringent regulations to drive the waterborne UV curable resins market
The presence of volatile organic compounds (VOCs) in a coating’s formulation, or during the application and drying processes, is undesirable, due to Hazardous Air Pollutants (HAP) and negative effects on workers. These substances are generally formaldehyde and organic solvents. In recent years, government regulations and environmental concerns have prompted coating formulators and manufacturers to develop environmentally friendly green coating alternatives that perform as well as or better than the conventional solvent-borne systems. Waterborne UV curable resins offer several advantages, including zero VOC, low odor, non-toxicity, non-skin irritation, and safe production process. The U.S., DACH (Deutschland, Austria, and Switzerland) region, and China are some of the major markets for waterborne UV curable resins.
Urethane acrylates account for the largest demand share of waterborne UV curable resins
Urethane acrylates account for the largest share share in the waterborne UV curable resins market. Waterborne urethane acrylates (PUDs) are a viable resin choice for coatings for several end-use markets, including wood floors, kitchen cabinets, and furniture. They offer high-end performance with minimal process issues, and nearly zero emission of VOCs.
Wood coatings represent the bulk of the demand for waterborne UV curable resins
Wood coatings are expected to continue to represent the bulk of the end-use demand for waterborne UV curable resins, because the waterborne UV technology provides excellent performance, low solvent emissions, and increased production efficiency.
Key players in the waterborne UV curable resins market
Europe is the largest market for waterborne UV curable resins, in terms of both, volume and value, followed by North America and Asia-Pacific. The key players in the global market include Allnex Belgium S/A (Belgium), Alberdingk Boley GmbH (Germany), Royal DSM N.V. (The Netherlands), BASF SE (Germany), Covestro (Formerly Bayer MaterialScience) (Germany), Nippon Gohsei (Japan), Wanhua Chemical Group Co. (China), and Miwon Specialty Chemical Co. Ltd. (Korea).
About MarketsandMarkets
MarketsandMarkets is the world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: [email protected]