UV Curable Resins and Formulated Products Market Size, Share, Trends, Growth Outlook

Global UV Curable Resins and Formulated Products Market Size is valued at $6.2 Billion in 2024 and is forecast to register a growth rate (CAGR) of 9.5% to reach $12.8 Billion by 2032.

The global UV Curable Resins and Formulated Products Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Composition (Oligomers, Monomers, Photoinitiators, Additives), By Chemistry (Non-acrylated Oligoamines, Acrylate Oligomers), By Technology (Solvent borne UV resins, 100% Solid UV resins, Water borne UV resins, Powder UV resins), By Application (Coatings, Overprint Varnishes, Printing Inks, Adhesives, Others).

An Introduction to UV Curable Resins and Formulated Products Market in 2024

UV curable resins and formulated products to drive advancements in coatings, adhesives, and printing inks in 2024, offering rapid curing, superior performance, and environmental benefits. These resins are designed to polymerize quickly and completely when exposed to ultraviolet (UV) light, resulting in cured products with excellent adhesion, hardness, and chemical resistance. UV curable resins find applications in industries such as graphic arts, packaging, electronics, and medical devices, where fast processing times and high-quality finishes are essential. In graphic arts and printing, UV curable inks enable high-speed printing, vibrant colors, and sharp details on a wide range of substrates such as paper, plastics, and metals. Similarly, in packaging, UV curable coatings and adhesives provide durable and protective finishes for labels, flexible packaging, and cartons, enhancing product aesthetics and shelf appeal. With continuous developments in resin chemistry, photoinitiator systems, and curing equipment, UV curable resins and formulated products to offer innovative solutions for meeting the evolving needs of modern manufacturing processes across diverse industries.

UV Curable Resins and Formulated Products Market Competitive Landscape

The market report analyses the leading companies in the industry including Alberdingk Boley GmbH, Allnex Netherlands B.V., BASF SE, BYK-Chemie GmbH, CBC Co. Ltd, Covestro AG, Deuchem Co. Ltd, Eternal Chemical Co. Ltd, IGM Resins, Jiangsu Sanmu Group Corp, Miwon Specialty Chemical Co. Ltd, Nagase Chemtex Corp, Nissan Chemical Industries Ltd, Rahn AG, Sartomer USA LLC, Showa Denko Materials Co. Ltd, Siltech Corp, Soltech Ltd, Toagosei Co. Ltd, Wanhua Chemical Group Co. Ltd, and others.

UV Curable Resins and Formulated Products Market Dynamics

Market Trend: Increasing Demand for Sustainable and High-Performance Coating Solutions

A significant market trend in the UV curable resins and formulated products industry is the increasing demand for sustainable and high-performance coating solutions. UV curable resins, known for their rapid curing, low VOC emissions, and excellent durability, are experiencing growing popularity as environmentally friendly alternatives to traditional solvent-based coatings. This trend is driven by stricter environmental regulations, heightened awareness of sustainability issues, and the need for eco-friendly manufacturing processes across various industries. Companies are turning to UV curable resins and formulated products to meet regulatory requirements, reduce carbon footprints, and enhance product performance and longevity. As sustainability becomes a key focus for businesses and consumers alike, the market for UV curable resins and formulated products is witnessing expansion and greater adoption in sectors such as automotive, electronics, packaging, and construction.

Market Driver: Technological Advancements in UV Curing and Formulation Chemistry

The driver behind the growth of the UV curable resins and formulated products market is technological advancements in UV curing and formulation chemistry. Innovations in UV light sources, photoinitiators, and resin formulations have led to improvements in curing speed, coating properties, and application versatility of UV curable products. UV LED technology, in particular, offers benefits such as energy efficiency, reduced heat generation, and enhanced control over curing parameters, enabling manufacturers to achieve higher productivity, reduced production times, and improved coating performance. Additionally, advancements in formulation chemistry allow for the development of UV curable resins with tailored properties such as adhesion, flexibility, chemical resistance, and scratch resistance, expanding their applicability in diverse applications and industries. As manufacturers seek to optimize coating processes, reduce costs, and enhance product quality, the demand for UV curable resins and formulated products driven by technological innovation continues to rise, shaping the market towards greater adoption and market penetration.

Market Opportunity: Expansion into Emerging Markets such as 3D Printing and Additive Manufacturing

An opportunity for growth and diversification in the UV curable resins and formulated products market lies in expansion into emerging markets such as 3D printing and additive manufacturing. While UV curable resins are traditionally used in coatings, inks, and adhesives, there is potential for penetration into new sectors such as rapid prototyping, custom manufacturing, and production of functional parts and components. In 3D printing and additive manufacturing, UV curable resins offer advantages such as rapid curing, high resolution, and compatibility with a wide range of substrates, enabling the production of complex geometries and functional prototypes with excellent surface finish and mechanical properties. By capitalizing on the growing demand for 3D printing materials and additive manufacturing solutions, UV curable resins and formulated products manufacturers can diversify their product offerings, target new customer segments, and seize opportunities for growth and market expansion beyond traditional coating applications.

UV Curable Resins and Formulated Products Market Share Analysis: Oligomers segment generated the highest revenue in 2024

Within the UV Curable Resins and Formulated Products market, the Oligomers segment is the largest and most significant. Oligomers serve as the backbone of UV curable formulations, providing structural integrity, durability, and desired performance properties to coatings, inks, adhesives, and other formulated products. Oligomers offer a wide range of functionalities, allowing formulators to tailor the properties of UV curable products to meet specific application requirements, such as flexibility, hardness, and chemical resistance. Moreover, oligomers play a crucial role in determining the curing characteristics and final performance of UV curable formulations, contributing to their widespread adoption across various industries including coatings, graphic arts, electronics, and packaging. Additionally, advancements in oligomer chemistry and formulation techniques have led to the development of novel oligomers with enhanced properties, such as improved cure speed, adhesion, and surface hardness, further driving their dominance in the UV Curable Resins and Formulated Products market. Furthermore, the versatility and versatility of oligomers enable the formulation of a wide range of UV curable products, solidifying their position as the largest segment within the market.

UV Curable Resins and Formulated Products Market Share Analysis: Acrylate Oligomers is poised to register the fastest CAGR over the forecast period

Among the various chemistry segments in the UV Curable Resins and Formulated Products market, the Acrylate Oligomers segment stands out as the fastest-growing. In particular, acrylate oligomers offer versatile properties and functionalities, making them suitable for a wide range of UV curable formulations including coatings, inks, adhesives, and sealants. Acrylate oligomers provide excellent adhesion, flexibility, and chemical resistance, making them ideal for demanding applications across industries such as automotive, electronics, packaging, and graphic arts. Moreover, the inherent reactivity of acrylate oligomers enables fast curing times, allowing for increased production efficiency and reduced energy consumption. Additionally, the growing demand for high-performance and environmentally friendly coating solutions drives the adoption of acrylate-based UV curable formulations, as they exhibit low VOC emissions and minimal odor compared to solvent-based systems. Furthermore, ongoing advancements in acrylate oligomer chemistry and formulation techniques continue to drive innovation and expand the application scope of acrylate-based UV curable resins and formulated products, contributing to their rapid growth in the market. As a result, the Acrylate Oligomers segment is experiencing significant expansion within the UV Curable Resins and Formulated Products market, with sustained growth anticipated as industries continue to prioritize efficient and sustainable coating solutions for their manufacturing processes.

UV Curable Resins and Formulated Products Market Share Analysis: 100% Solid UV Resins segment generated the highest revenue in 2024

Within the UV Curable Resins and Formulated Products market, the 100% Solid UV Resins segment is the largest and most significant. In particular, 100% solid UV resins offer a solvent-free and environmentally friendly alternative to traditional solvent-borne coatings, addressing growing concerns about VOC emissions and environmental impact. These resins are formulated without volatile organic solvents, resulting in minimal air pollution and reduced health risks for workers. Moreover, 100% solid UV resins provide excellent film properties, including high gloss, hardness, and scratch resistance, making them suitable for a wide range of applications such as wood coatings, automotive finishes, and graphic arts. Additionally, the inherent reactivity of 100% solid UV resins enables fast curing times, allowing for increased production efficiency and reduced energy consumption. Furthermore, the versatility of 100% solid UV resins allows for customization to meet specific performance requirements, contributing to their widespread adoption across various industries. As a result, the 100% Solid UV Resins segment maintains its position as the largest and most dominant segment within the UV Curable Resins and Formulated Products market, with sustained growth anticipated as industries continue to prioritize environmentally friendly and high-performance coating solutions for their manufacturing processes.

UV Curable Resins and Formulated Products Market Share Analysis: Printing Inks is poised to register the fastest CAGR over the forecast period

Among the various applications in the UV Curable Resins and Formulated Products market, the Printing Inks segment stands out as the fastest-growing. In particular, the demand for UV curable printing inks is rising across various industries such as packaging, labelling, and commercial printing due to their superior performance characteristics and environmental benefits. UV curable inks offer fast curing times, enabling high-speed printing operations and increased production efficiency. Moreover, UV curable inks provide excellent adhesion to a wide range of substrates, including paper, plastic, and metal, ensuring durable and vibrant print results. Additionally, UV curable inks exhibit high color density, gloss, and scratch resistance, making them ideal for applications requiring high-quality graphics and images. Furthermore, the shift towards sustainable printing practices, driven by regulatory requirements and consumer preferences, drives the adoption of UV curable inks as they contain little to no volatile organic compounds (VOCs) and emit minimal odor during printing. As a result, the Printing Inks segment is experiencing significant expansion within the UV Curable Resins and Formulated Products market, with sustained growth anticipated as industries continue to seek efficient and environmentally friendly printing solutions for their packaging and labelling needs.

UV Curable Resins and Formulated Products Market

By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

UV Curable Resins and Formulated Products Companies Profiled in the Study

Alberdingk Boley GmbH
Allnex Netherlands B.V.
BASF SE
BYK-Chemie GmbH
CBC Co. Ltd
Covestro AG
Deuchem Co. Ltd
Eternal Chemical Co. Ltd
IGM Resins
Jiangsu Sanmu Group Corp
Miwon Specialty Chemical Co. Ltd
Nagase Chemtex Corp
Nissan Chemical Industries Ltd
Rahn AG
Sartomer USA LLC
Showa Denko Materials Co. Ltd
Siltech Corp
Soltech Ltd
Toagosei Co. Ltd
Wanhua Chemical Group Co. Ltd
*- List Not Exhaustive

TABLE OF CONTENTS

1 Introduction to 2024 UV Curable Resins and Formulated Products Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global UV Curable Resins and Formulated Products Market Size Outlook, $ Million, 2021 to 2032
3.2 UV Curable Resins and Formulated Products Market Outlook by Type, $ Million, 2021 to 2032
3.3 UV Curable Resins and Formulated Products Market Outlook by Product, $ Million, 2021 to 2032
3.4 UV Curable Resins and Formulated Products Market Outlook by Application, $ Million, 2021 to 2032
3.5 UV Curable Resins and Formulated Products Market Outlook by Key Countries, $ Million, 2021 to 2032

4 Market Dynamics
4.1 Key Driving Forces of UV Curable Resins and Formulated Products Industry
4.2 Key Market Trends in UV Curable Resins and Formulated Products Industry
4.3 Potential Opportunities in UV Curable Resins and Formulated Products Industry
4.4 Key Challenges in UV Curable Resins and Formulated Products Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global UV Curable Resins and Formulated Products Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global UV Curable Resins and Formulated Products Market Outlook by Segments
7.1 UV Curable Resins and Formulated Products Market Outlook by Segments, $ Million, 2021- 2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

8 North America UV Curable Resins and Formulated Products Market Analysis and Outlook To 2032
8.1 Introduction to North America UV Curable Resins and Formulated Products Markets in 2024
8.2 North America UV Curable Resins and Formulated Products Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America UV Curable Resins and Formulated Products Market size Outlook by Segments, 2021-2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

9 Europe UV Curable Resins and Formulated Products Market Analysis and Outlook To 2032
9.1 Introduction to Europe UV Curable Resins and Formulated Products Markets in 2024
9.2 Europe UV Curable Resins and Formulated Products Market Size Outlook by Country, 2021-2032
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe UV Curable Resins and Formulated Products Market Size Outlook by Segments, 2021-2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

10 Asia Pacific UV Curable Resins and Formulated Products Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific UV Curable Resins and Formulated Products Markets in 2024
10.2 Asia Pacific UV Curable Resins and Formulated Products Market Size Outlook by Country, 2021-2032
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific UV Curable Resins and Formulated Products Market size Outlook by Segments, 2021-2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

11 South America UV Curable Resins and Formulated Products Market Analysis and Outlook To 2032
11.1 Introduction to South America UV Curable Resins and Formulated Products Markets in 2024
11.2 South America UV Curable Resins and Formulated Products Market Size Outlook by Country, 2021-2032
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America UV Curable Resins and Formulated Products Market size Outlook by Segments, 2021-2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

12 Middle East and Africa UV Curable Resins and Formulated Products Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa UV Curable Resins and Formulated Products Markets in 2024
12.2 Middle East and Africa UV Curable Resins and Formulated Products Market Size Outlook by Country, 2021-2032
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa UV Curable Resins and Formulated Products Market size Outlook by Segments, 2021-2032
By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Alberdingk Boley GmbH
Allnex Netherlands B.V.
BASF SE
BYK-Chemie GmbH
CBC Co. Ltd
Covestro AG
Deuchem Co. Ltd
Eternal Chemical Co. Ltd
IGM Resins
Jiangsu Sanmu Group Corp
Miwon Specialty Chemical Co. Ltd
Nagase Chemtex Corp
Nissan Chemical Industries Ltd
Rahn AG
Sartomer USA LLC
Showa Denko Materials Co. Ltd
Siltech Corp
Soltech Ltd
Toagosei Co. Ltd
Wanhua Chemical Group Co. Ltd

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Composition
Oligomers
Monomers
Photoinitiators
Additives
By Chemistry
Non-acrylated Oligoamines
Acrylate Oligomers
By Technology
Solvent borne UV resins
100% Solid UV resins
Water borne UV resins
Powder UV resins
By Application
Coatings
Overprint Varnishes
Printing Inks
Adhesives
Others
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)