Photocurable Resins Market size was valued at USD 3.5 Billion in 2024 and is projected to reach USD 5.2 Billion by 2033, exhibiting a CAGR of 5.5% from 2026 to 2033.
In 2023, the global photocurable resins market was valued at approximately USD 5.68 billion, with North America contributing USD 1.65 billion, Europe USD 1.80 billion, and Asia Pacific USD 1.70 billion. The market is projected to grow at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2028, reaching around USD 7.81 billion by 2028. The Asia Pacific region is anticipated to lead this growth, driven by rapid industrialization and increasing demand for eco friendly coatings. citeturn0search6 Opportunities within the photocurable resins market are emerging across various applications. The coatings segment, for instance, held a 45% market share in 2023, propelled by demand in automotive, electronics, and furniture sectors. Additionally, the expanding 3D printing industry presents significant potential, as photocurable resins are favored for their rapid curing capabilities and precision. Furthermore, the increasing emphasis on sustainability is encouraging the development of eco friendly resin formulations, aligning with global environmental goals and opening new avenues for market expansion.
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Cytec
Sartomer
Eternal
BASF
Arkema
IGM Resins
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Photocurable Resins Market
UV Curable Resins
Visible Light Curable Resins
Dual-Cure Resins
3D Printing
Coatings
Adhesives
Inks
Composites
Automotive
Consumer Electronics
Medical
Construction
Packaging
Aerospace
Water-based Resins
Solvent-based Resins
Powder-based Resins
Hybrid Resins
Acrylic Resins
Epoxy Resins
Polyester Resins
Polyurethane Resins
Silicone Resins
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Photocurable Resins Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Photocurable Resins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Photocurable Resins Market, By Type
6. Global Photocurable Resins Market, By Application
7. Global Photocurable Resins Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Photocurable Resins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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