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  The global UV curable resins & formulated products market is expected to grow from USD 4.6 billion in 2021 to USD 7.3 billion by 2026, at a CAGR of 9.7% during the forecast period. Government initiatives emphasizing on adoption of clean fuel and growth in number natural and fuel cell electric vehicles are expected to drive the market. The presence of VOCs in a coating’s formulation or during application and the drying processes is undesirable because of hazardous air pollutants (HAP) and negative effects on workers. VOCs are usually formaldehyde and organic solvents. In recent years, coating formulators and manufacturers have been seeking environmentally friendly green coating alternatives that have similar or better performance than the conventional solvent-borne systems because of government regulations and public environmental awareness and concerns. UV curable resins have many advantages, such as little-to-no VOC, low odor, non-toxicity, non-skin irritation, and safer ...

  The global UV Curable Resins & Formulated Products Market size is estimated to be USD 4.2 billion in 2020 and is projected to reach USD 6.6 billion by 2025, at a CAGR of 9.5% during the forecast period. Government regulations in Europe and North America, especially that concerning air pollution, will continue to drive the adoption of the low-emission UV curing technology over the next 5 years. The report analyzes key growth strategies adopted by the market players between 2011 and 2018 to expand their global presence and increase their market share. Allnex (Germany), Alberdingk Boley (Germany), Toagosei (Japan), BASF (Germany), DSM-AGI (Netherlands), Covestro (Germany), Nippon Gohsei (Japan), Hitachi Chemical Company (Japan), IGM Resins (Netherlands), and Miwon Specialty Chemical (South Korea) are the key leading players of the market. Speak to Analyst for more Information New product launches, expansions, and mergers & acquisitions are the key strategies adopted by ...