Published on : Mar 29, 2017
Albany, New York, March 29, 2017: ResearchMoz.us has announced the addition of a report, titled “Global Waterborne UV Curable Resins Market Research Report 2017” to its offering. The report on the global waterborne UV curable resins market provides a comprehensive insight into the current market dynamics, key trends, emerging opportunities, market share and size of major application and product segments, and competitive landscape. The research study analyzes factors impacting the demand for new generation of waterborne UV curable resins across major industrial market segments over the forecast period.
Recent innovations in UV-curing systems and related technological advances in coating formulations are covered in the analysis. In addition, the report evaluates the changes in regulatory landscape in major regions such as North America, Europe, and Southeast Asia, with a focus on India, China, and Japan. The report evaluates the economic and ecological impacts of emerging waterborne UV-curing technologies. Furthermore, it takes a closer look at new product developments, such as UV cured waterborne urethane acrylates (PUDs), and assesses the performance features influencing their demand in various end-use industries.
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Waterborne UV curable resins are witnessing substantial demands from various end-use markets due to several advantages they have over conventional waterborne systems. They are increasingly being preferred since they emit lower volatile organic compounds (VOC), have low odor, are non-toxic, and allows for safe production process. In addition, the benefits of remarkable chemical resistance and fast curing times have stimulated their demand for wood-coating market. Stringent governmental regulations pertaining to emissions of organic solvents in developed and developing regions and soaring environmental concerns related to VOC are expected to boost the waterborne UV curable resins. However, the need to dry sensitive substrates with thermal substrates and the high cost of setting up manufacturing plants may restrain the market to an extent. This has led to the various finish defects in coatings hindering the performance of UV curable resins.
On the other hand, recent technological advancements have led to the emergence of blend of urethane acrylate with acrylic dispersion in the waterborne UV curable resins market. The versatility of the uses of PUD formulations, such as combining them with acrylics or alkyds, has led to its inclusion in the next-generation products. This is expected to create lucrative avenues for leading manufacturers and suppliers of UV curable resins. Several manufacturers have developed a combination of waterborne systems to expand the properties of UV curable resins. This is expected to create promising opportunities to several players in the market.
Leading companies are launching innovative products and advancement in production technologies to consolidate their positions in major regions.
Leading companies are launching innovative products and advancement in production technologies to consolidate their positions in major regions. Major players operating in this market include Allnex, Alberdingk Boley GmbH, BASF SE, Covestro, Nippon Gohsei, Royal DSM N.V., Miwon Specialty Chemical Co.Ltd., and Wanhua Chemical Group Co. Ltd.
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