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Such collaborations are touted to drive the demand for UV resins, augmenting revenue expansion over the forthcoming years. The global UV curable resins market size is anticipated to surpass USD 8.5 billion by 2026, cites the latest research by Global Market Insights, Inc.
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UV Curable Resins Market Analysis and Outlook by Types and Application (2021-2026) © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of UV Curable Resins Industry • Such collaborations are touted to drive the demand for UV resins, augmenting revenue expansion over the forthcoming years. The global UV curable resins market size is anticipated to surpass USD 8.5 billion by 2026, cites the latest research by Global Market Insights, Inc. • Few pivotal trends driving UV curable resins market growth include: • Escalating demand from paints & coatings industry in LATAM • The scaling paints & coatings market in Latin America on account of the extensive demand from industrial and automotive sectors is set to push UV curable resins market share over the anticipated span. The regional industry size is projected to escalate by more than USD 340 million through 2026. • An increase in the infrastructural development initiatives by regulators in the region is likely to foster the growth of the building & construction sector, boosting the demand for paints having UV curable resin ingredients. Citing an instance, in 2019, the Ministry of Infrastructure, Brazil, announced plans for the development of more than 50 infrastructure projects comprising highways, ports, and airports. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Continue:- • Rising adoption of UV curable resins based industrial coatings • The UV curable resins based industrial coatings provide beneficial characteristics comprising waste reduction, resistance to loss of coating thickness, and improved productivity in lesser time. This has been instrumental in stimulating the adoption of coatings with UV curable resin composition at the global level. • The segment is estimated to grow by more than 9 per cent through 2026. The escalating demand for chemical resistant finishes, wood coatings, and low pollution coatings is likely to propel segment expansion over the assessment period. • Surging popularity of UV curable additives resins • The UV curable additives resins are prominently utilized in the electronics, plastics & packing, as well as automotive industries. Their increasing popularity is ascribed to the presence of multiple properties comprising lubricity, superior reinforcing, non-stick properties, and wear resistance. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Request for sample copy of this research report@ https://www.gminsights.com/request-sample/detail/381 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
360° Industry Analysis • The UV curable additives resins market accounted for a valuation of USD 187.83 million in 2019 and is estimated to grow at a commendable rate of more than 8 per cent through 2026. • In a nutshell, the escalating demand for wooden furniture from residential and commercial segments is set to augment UV curable resins market expansion, stimulating revenue growth over the ensuing years. Request for customization:https://www.gminsights.com/roc/381 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Competitive Analysis: • BASF SE, Miwon Specialty Chemicals, ALLENEX, DSM N.V., Hitachi Chemical, Arkema, Eternal Materials, Jiangsu Litian Technology, IGM, Jiangsu Sanmu Group, Toagosei Co. Ltd., Soltech Limited are some of the key players operating in the UV Curable Resins market. © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On UV Curable Resins Market@ https://www.gminsights.com/industry-analysis/ultraviolet-uv-curable-resins-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/381 Request for customization: https://www.gminsights.com/roc/381 © 2020 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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