Industry and market analysis of UV curing resin

UV curable resin, also known as UV curable resin, is an oligomer that can undergo physical and chemical changes in a short time after being irradiated by UV light, and can be crosslinked and cured rapidly.  

According to the in-depth market research and investment prospect prediction analysis report of UV curing resin industry from 2020 to 2025 issued by xinsijie Industrial Research Center, UV curing resin can be divided into solvent type and Waterborne UV curing resin according to different types of solvents. Among them, Waterborne UV curing resin has the advantages of safety and environmental protection, energy saving and efficiency, adjustable viscosity, thin coating With the advantages of low cost, it is favored by the market, and the demand has developed rapidly. It has become the main market segment of light curing resin.

From the demand side, due to the rapid development of the packaging industry, the market demand for UV curable resin continues to rise. In recent years, the global and China’s UV curable resin industry have maintained a growth trend. According to the current development forecast, the global market scale will be US $4.23 billion by the end of 2020, with an annual compound growth rate of 9.1%.  

Industry analysts said that in recent years, driven by the demand side, the demand for UV curing resin in the world and China has continued to grow, and the industry has developed rapidly. However, with the slowdown of China’s economic development and the rise of labor costs, the production of UV curing resin is gradually developing to Southeast Asia. China’s UV curing resin products need to actively explore overseas markets.

Post time: Mar-11-2022