United States UV and EB Curable Resins Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.5 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030.
The US UV and EB Curable Resins Market is rapidly expanding, driven by growing industrial demand and advancements in resin technology. Ultraviolet (UV) and Electron Beam (EB) curable resins are essential components in numerous sectors, including coatings, inks, adhesives, and electronics. These resins offer quick curing times, enhanced durability, and are environmentally friendly, making them increasingly popular among manufacturers in the United States.
UV and EB curable resins are primarily used in the coating industry, where their fast-drying properties help reduce energy consumption and production costs. These resins cure when exposed to UV light or electron beams, making them an ideal solution for applications requiring high-performance finishes, such as automotive coatings, industrial coatings, and wood finishing. The demand for these resins is increasing as industries seek more sustainable alternatives to traditional solvent-based coatings.
In addition to coatings, the demand for UV and EB curable resins is also growing in the printing ink market. UV-curable inks offer the benefit of instant curing, enabling faster production speeds and greater precision in the printing process. The rise of digital printing technology and increased interest in eco-friendly products has further fueled the need for UV and EB curable resins in the ink industry.
Another industry driving the growth of the UV and EB curable resins market is electronics manufacturing. UV curable resins are used in various applications, such as encapsulating electronic components, circuit boards, and displays. Their ability to cure rapidly at low temperatures makes them ideal for sensitive electronic parts, ensuring enhanced product reliability and performance.
The growing requirement for UV and EB curable resins from industries is also attributed to the increasing emphasis on sustainability. These resins are formulated without solvents, which reduces harmful emissions and environmental impact, aligning with stricter environmental regulations in the US. Moreover, their high efficiency in curing allows for less energy consumption, a major advantage for manufacturers aiming to reduce costs and environmental footprints.
The future of the UV and EB curable resins market looks promising, as advancements in resin formulations continue to meet the ever-evolving needs of various industries. As manufacturers seek to improve production efficiency, reduce environmental impact, and enhance product quality, the demand for these innovative resins will only continue to grow.
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Allnex
Mitsui Chemical
DSM
Basf
Camida
Dymax Corporation
Sartomer (Arkema)
Bomar
DIC Group
IGM Resins
Jiangsu Sanmu Group
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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. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. 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 US UV and EB Curable Resins Market
Epoxy Resins
Acrylic Resins
Polyester Resins
Polyurethane Resins
Coatings
Adhesives
Printing Inks
Composite Materials
3D Printing
UV Curing Technology
EB Curing Technology
Hybrid Curing Technology
Single-component Resins
Multi-component Resins
Reactive Diluents
Automotive
Aerospace
Construction
Electronics
Consumer Goods
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 US UV and EB Curable 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. US UV and EB Curable Resins Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US UV and EB Curable Resins Market, By Type
6. US UV and EB Curable Resins Market, By Application
7. US UV and EB Curable Resins Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US UV and EB Curable Resins Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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