The global Waterborne UV Curable Resins Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Chemistry (Urethane Acrylate, Blend of Urethane Acrylate with Acrylic Dispersion), By Application (Wood, Graphics, Opto & Electronics, Foil & Inks, Plastics).
Waterborne UV curable resins represent a cutting-edge technology in coatings and adhesives formulations, offering rapid curing, low VOC emissions, and environmental compatibility in 2024. These resins combine the benefits of water-based formulations with the fast curing properties of ultraviolet (UV) radiation, providing high-performance coatings and adhesives for various applications. Waterborne UV curable resins are typically formulated as aqueous dispersions containing UV-curable monomers, oligomers, photoinitiators, and additives that polymerize and crosslink upon exposure to UV light, forming durable and protective coatings or adhesives. These formulations offer advantages such as reduced energy consumption, improved productivity, and enhanced environmental sustainability compared to traditional solvent-based or thermal curing systems. Waterborne UV curable coatings find applications in industries such as wood coatings, automotive refinishing, graphic arts, and electronics, where rapid curing, high gloss, and scratch resistance are desired. Similarly, in adhesive applications, waterborne UV curable formulations provide fast bonding, adhesion to diverse substrates, and resistance to heat and chemicals, making them suitable for assembly, lamination, and packaging applications. With advancements in UV curing technology, raw materials, and application equipment, waterborne UV curable resins to drive innovation and adoption in coatings and adhesives markets, offering efficient and sustainable solutions for meeting performance and regulatory requirements across industries.
The market report analyses the leading companies in the industry including Alberdingk Boley, Allnex Belgium, BASF SE, Covestro AG, Nippon Gohsei, Royal DSM N.V., Wanhua Chemical Group, and others.
A significant market trend in the waterborne UV curable resins industry is the shift towards environmentally friendly coating solutions. With increasing environmental concerns and regulations aimed at reducing volatile organic compound (VOC) emissions, there is a growing preference for coatings that offer lower environmental impact without compromising performance. This trend is driven by regulatory mandates, consumer demand for eco-friendly products, and corporate sustainability initiatives. Waterborne UV curable resins, which utilize UV light to cure and polymerize coatings, are witnessing higher demand as they provide excellent durability, adhesion, and chemical resistance while emitting significantly lower levels of VOCs compared to solvent-based coatings. As industries prioritize sustainability and seek to reduce their carbon footprint, the market for waterborne UV curable resins is experiencing growth and greater adoption as a preferred coating technology.
The driver behind the growth of the waterborne UV curable resins market is stringent environmental regulations and VOC reduction targets. Governments worldwide impose strict limits on VOC emissions from industrial processes, including coating applications, to protect air quality and human health. Regulatory measures such as the Clean Air Act in the United States and the European Union's VOC Directive set maximum allowable VOC levels in coatings, driving the adoption of low-VOC or VOC-free alternatives. Waterborne UV curable resins offer a solution to meet regulatory requirements and reduce environmental impact, as they emit significantly lower levels of VOCs compared to solvent-based coatings. As industries face pressure to comply with VOC reduction targets and reduce their environmental footprint, the demand for waterborne UV curable resins driven by regulatory compliance continues to rise, shaping the market towards greater adoption and innovation of environmentally friendly coating technologies.
An opportunity for growth and diversification in the waterborne UV curable resins market lies in expansion into high-performance coating applications. While waterborne UV curable resins are commonly used in wood coatings, furniture finishes, and electronics coatings, there is potential for penetration into new sectors with specialized requirements for coating performance and durability. In high-performance applications such as automotive coatings, aerospace coatings, and medical device coatings, waterborne UV curable resins can offer advantages such as excellent adhesion, scratch resistance, and UV stability while meeting stringent VOC regulations. Additionally, in emerging markets such as Asia-Pacific and Latin America, where environmental regulations are evolving, there is growing demand for waterborne UV curable resins as industries seek sustainable coating solutions. By targeting high-performance applications with tailored formulations and value-added services, waterborne UV curable resin manufacturers can expand their market presence, address specific industry needs, and capitalize on opportunities for growth and market diversification beyond traditional applications.
The largest segment in the Waterborne UV Curable Resins Market by chemistry is Urethane Acrylate. This segment's dominance is due to the superior performance characteristics of urethane acrylate resins, which make them highly suitable for a wide range of applications. Urethane acrylates are known for their excellent mechanical properties, including high flexibility, abrasion resistance, and strong adhesion to various substrates. These properties are particularly beneficial in industries such as automotive, electronics, and packaging, where durable and reliable coatings are essential. Additionally, urethane acrylate resins cure quickly under UV light, enhancing production efficiency and reducing energy consumption compared to traditional curing methods. The environmental benefits of waterborne UV curable resins, which emit lower levels of volatile organic compounds (VOCs), align with increasing regulatory pressures and the global shift towards more sustainable manufacturing processes. The versatility of urethane acrylates allows them to be formulated for various end-use applications, including coatings, inks, and adhesives, further driving their adoption. As industries continue to prioritize high-performance materials that meet environmental standards, the urethane acrylate segment is expected to maintain its leading position in the market.
The fastest-growing segment in the Waterborne UV Curable Resins Market by application is Opto & Electronics. This rapid growth is driven by the increasing demand for advanced materials in the electronics industry, where waterborne UV curable resins offer significant advantages. These resins provide excellent optical clarity, high precision, and strong adhesion properties, which are critical for the manufacturing of electronic components such as displays, optical fibers, and circuit boards. The ongoing miniaturization of electronic devices and the push for more efficient and sustainable production processes are further propelling the adoption of waterborne UV curable resins in this sector. Additionally, the rapid curing process of these resins under UV light enhances production efficiency and reduces energy consumption, aligning with the industry's move towards greener technologies. Innovations in wearable electronics, flexible displays, and other advanced electronic applications continue to drive the demand for high-performance materials, making the Opto & Electronics segment the fastest-growing in the market. As consumer electronics, telecommunications, and other related industries expand, the need for reliable and eco-friendly materials like waterborne UV curable resins is expected to grow substantially, reinforcing the segment's dynamic growth trajectory.
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
PlasticsCountries 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)
Alberdingk Boley
Allnex Belgium
BASF SE
Covestro AG
Nippon Gohsei
Royal DSM N.V.
Wanhua Chemical Group
*- List Not Exhaustive
TABLE OF CONTENTS
1 Introduction to 2024 Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market Size Outlook, $ Million, 2021 to 2032
3.2 Waterborne UV Curable Resins Market Outlook by Type, $ Million, 2021 to 2032
3.3 Waterborne UV Curable Resins Market Outlook by Product, $ Million, 2021 to 2032
3.4 Waterborne UV Curable Resins Market Outlook by Application, $ Million, 2021 to 2032
3.5 Waterborne UV Curable Resins Market Outlook by Key Countries, $ Million, 2021 to 2032
4 Market Dynamics
4.1 Key Driving Forces of Waterborne UV Curable Resins Industry
4.2 Key Market Trends in Waterborne UV Curable Resins Industry
4.3 Potential Opportunities in Waterborne UV Curable Resins Industry
4.4 Key Challenges in Waterborne UV Curable Resins Industry
5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market Outlook by Segments
7.1 Waterborne UV Curable Resins Market Outlook by Segments, $ Million, 2021- 2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
8 North America Waterborne UV Curable Resins Market Analysis and Outlook To 2032
8.1 Introduction to North America Waterborne UV Curable Resins Markets in 2024
8.2 North America Waterborne UV Curable Resins Market Size Outlook by Country, 2021-2032
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Waterborne UV Curable Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
9 Europe Waterborne UV Curable Resins Market Analysis and Outlook To 2032
9.1 Introduction to Europe Waterborne UV Curable Resins Markets in 2024
9.2 Europe Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market Size Outlook by Segments, 2021-2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
10 Asia Pacific Waterborne UV Curable Resins Market Analysis and Outlook To 2032
10.1 Introduction to Asia Pacific Waterborne UV Curable Resins Markets in 2024
10.2 Asia Pacific Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
11 South America Waterborne UV Curable Resins Market Analysis and Outlook To 2032
11.1 Introduction to South America Waterborne UV Curable Resins Markets in 2024
11.2 South America Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
12 Middle East and Africa Waterborne UV Curable Resins Market Analysis and Outlook To 2032
12.1 Introduction to Middle East and Africa Waterborne UV Curable Resins Markets in 2024
12.2 Middle East and Africa Waterborne UV Curable Resins 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 Waterborne UV Curable Resins Market size Outlook by Segments, 2021-2032
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
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
Allnex Belgium
BASF SE
Covestro AG
Nippon Gohsei
Royal DSM N.V.
Wanhua Chemical Group
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
By Chemistry
Urethane Acrylate
Blend of Urethane Acrylate with Acrylic Dispersion
By Application
Wood
-Furniture
-Cabinets
-Doors & Windows
-Flooring
-Others
Graphics
Opto & Electronics
Foil & Inks
Plastics
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)
Global Waterborne UV Curable Resins Market Size is valued at $5.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 9.1% to reach $11.2 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Alberdingk Boley, Allnex Belgium, BASF SE, Covestro AG, Nippon Gohsei, Royal DSM N.V., Wanhua Chemical Group
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume