#UV Curable Resins & Formulated Revenue
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Photoinitiator Market Industry Leaders Size & Share Outlook & New Revenue Pockets
Growing applications and environmental restrictions on VOCs to drive the acceptance of photoinitiators in the market
The global photoinitiators market size was USD 1.6 billion in 2021 and is expected to reach USD 2.6 billion by 2026, projecting a CAGR of 10.3% between 2021 and 2026. photoinitiators are increasingly used in the adhesive, ink, coating and other end-use industries. The increasing demand of coating industry drives the demand for photoinitiators. However, the outbreak of COVID-19 has created ripples across various application industries leading to reduced demand for photoinitiators. Due to the lockdown scenario in most of the world, the demand for photoinitiators from adhesive, coating, ink and other industries have declined sharply in 2020.
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As the world is getting ready to open up its economies and reduce restrictions from June 2021, the market will take an upward turn. The photoinitiators market is expected to witness high growth in 2021 owing to increasing applications, technological advancements, and growing demand in APAC. Photoinitiators are largely used in the coating applications by the wood, furniture, and architectural end-use industries apart from adhesive and printing ink industries. This market growth is backed by growing environmental concerns and increasingly stringent regulations.
The increasing number of restrictions on VOCs across the globe is pushing the industry to search for an alternative. Photoinitiators proved to be a safer and economical substitute. It enhances the surface finish as well as the shelf life of the product. Photoinitiators have been developed so that they are safe even for use in the dental industry. Many food safety compatible photoinitiators are also developed. All these photoinitiators are eco-friendly and have virtually no impact on human health.
UV curable resins market has developed high growth prospects in 3D printing, digital printing, packaging, barrier films, and printed circuit applications. Automotive, architecture, medical, and several other industries are using 3D printing solutions to improve their design and manufacturing strategies. The 3D printing technology is expected to advance further in printers and printing methods, materials used in 3D printing, and software for designing and printing. All this directly affects the demand of the photoinitiators market.
Photoinitiators are the key to innovation in coatings, which have influenced the major trends in the coatings industry. The coating industry is largely influenced by stringent regulations set by authorities, including the European Union (EU), for reducing the VOC content from coatings, adhesives and inks. Consequently, the demand has shifted from solvent-borne UV to environmentally friendly products, such as waterborne UV using photoinitiators.
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The demand for waterborne photoinitiators has witnessed substantial growth in the past five years owing to rapid technological developments. In addition to eliminating solvent emissions, photoinitiator-based UV curing formulations provide improved mechanical characteristics, and increased production efficiency, particularly, in the spray application. These benefits encourage end users to adopt photoinitiator-based UV technology for new applications.
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In the coatings industry, UV curable coatings segment is one of the fastest growing application segments. This high growth is mainly driven by the “go green” trend and its increasing use of applications in various industries
#UV Curable Resins & Formulated Products Market#UV Curable Resins & Formulated Products#UV Curable Resins#UV Curable Resin#resins#resin#UV Curable Resins & Formulated Products Manufacture#UV Curable Resins & Formulated Products Market Report#UV Curable Resins & Formulated Products Market Revenue
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UV Curable Resins & Formulated Products Market Size ,Strategies and Forecasts 2027
UV Curable Resins & Formulated Products Market Overview: The Maximize Market research report gives you a complete report of the global UV Curable Resins & Formulated Products Market. The study focuses on developing Market trends and important growth factors to assist Market participants in identifying opportunities in the UV Curable Resins & Formulated Products Market. The research provides a comprehensive overview of the Market, as well as Market financials such as Market size from 2015 to 2020, with 2020 as the base year and forecast years 2021-2027. The breadth and segments of the global UV Curable Resins & Formulated Products Market are covered in the Maximize Market Research report, which categorises it by product type, application areas, and geographies. The Market segmentation prioritises specific Markets and prospects over individual segments. North America, Europe, APAC, South America, and MEA are the major regions of the world included in the report. This provides a revenue forecast for each region from 2021 to 2027. COVID-19 Impact on Global UV Curable Resins & Formulated Products Market: Different racial and ethnic groups reacted differently to the COVID-19 dislike. Inequities in the social determinants of health, such as income and wealth, access to and use of health care, education, occupation, discrimination, and housing, are all linked. Economic headwinds will come from a variety of directions for emerging Market and developing nations. Even this grim prognosis is fraught with uncertainty and huge dangers to the negative. The pace with which the crisis has engulfed the global economy may provide insight into the depth of the recession. Our highly skilled and informed team is always innovating and delivering innovative solutions to our clients, all while utilising the most cutting-edge technologies.
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The key manufacturers in the UV Curable Resins & Formulated Products Market• BASF SE
• Arkema Group (France) • Toagosei Co. Ltd. (Japan) • Allnex Group (Germany) • BASF SE (Germany) • Covestro AG (Germany) • Royal DSM (Netherlands) • Nippon Gohsei (Japan) • IGM Resins B.V. (Netherlands) • Hitachi Chemical Company Ltd. (Japan) • Miwon Specialty Chemical Co. Ltd. (South Korea)
This Maximize Market research report shows the possible economic benefits of investing in the UV Curable Resins & Formulated Products Market to provide a greater understanding of the industry. Not only does the research provide a bright view for the Market, but it also analyses the drawbacks and risks that may arise for investment or competitiveness as a result of the emergence of some unfavourable aspects. The study's research analysts and industry speakers share their forecasts of the UV Curable Resins & Formulated Products industry. The goal of this Maximize Market Research report is to compile the opinions and recommendations of the industry leaders who were contacted throughout the research. Global UV Curable Resins & Formulated Products Market Regional Analysis Includes: • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia) • Europe (Turkey, Germany, Russia UK, Italy, France, etc.) • North America (the United States, Mexico, and Canada.) • South America (Brazil etc.) • The Middle East and Africa (GCC Countries and Egypt.)
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The overall purpose of the Maximize Market research report is to determine Market priorities and bottlenecks. The paper also offers advice on how to best handle the risks posed by new and disruptive technologies. Most importantly, referring to this report assists Market participants in staying informed of changing Market dangers and providing the best advice possible to Market participants, as well as the introduction or amendment of regulatory processes. This Maximize Market Research report study contains results and suggestions tailored to all Market players, investors, stakeholders, and other participants in the global UV Curable Resins & Formulated Products Market. This Maximize Market research report will serve as a valuable resource for those looking to acquire a competitive advantage in the Market. Contact us: MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe,Pune, Maharashtra 411041, India. Email: [email protected] Phone No.: +91 20 6630 3320 Website: www.maximizeMarketresearch.com
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UV Curable Resins Market Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2027
Market Analysis and Insights: Global UV Curable Resins - Formulated Product Market
UV curable resins - formulated product market will reach an estimated valuation of USD 8.36 billion by 2027, while registering this growth at a rate of 9.7% for the forecast period of 2020 to 2027. Data Bridge Market Research report on UV curable resins - formulated product market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The various beneficial properties offered by UV curable resins and formulated products such as prone to extreme weather conditions is the major factor attributing to the market growth in the forecast period of 2020 to 2027. The increasing application scope in the coating industry, high demand from wood & paper coating and plastic coating, high performance of UV curable resin coatings, growing demand from printing sectors due to improved efficiency along with environmental concerns, rising awareness and strict regulations are also expected to drive growth of the target market. Moreover, development of new technologies and rising demand for UV curable resins & formulated products across different industrial sectors will foster various new opportunities that will accelerate the growth of the UV curable resins - formulated product market in the above mentioned forecast period.
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The growing need for thermally dry sensitive substrates and high cost of set up are the major limitation for the growth of the market, whereas grain rising in wooden substrates and environmental challenges related to wastewater discharge will pose as a market challenges to the growth curable resins - formulated product market in the forecast period of 2020 to 2027.
This UV curable resins - formulated product market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on UV curable resins - formulated product market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global UV Curable Resins - Formulated Product Market Scope and Market Size
UV curable resins - formulated product market is segmented on the basis of composition, chemistry, technology and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
· On the basis of composition, the UV curable resins - formulated product market is segmented into oligomers, monomers, photo-initiators and additives.
· Based on chemistry, the UV curable resins - formulated product market is segmented into non acrylates & oligoamines, acrylate, epoxy acrylates, polyether/polyester acrylates, and urethane acrylates.
· On the basis of technology, the UV curable resins - formulated product market is segmented into solventborne UV resins, 100% solids UV resins, waterborne UV resins and powder UV resins.
· UV curable resins - formulated product market is segmented in terms of market value, volume, market opportunities, niches into multiple applications. The application segment for UV curable resins - formulated product market includes coatings, overprint varnishes, printing inks, adhesives, 3d printing and others.
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UV Curable Resins - Formulated Product Market Country Level Analysis
UV curable resins - formulated product market is analyzed and market size, volume information is provided by country, composition, chemistry, technology and application as referenced above.
The countries covered in the market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the UV curable resins - formulated product market due to the rising demand from various coating industries in countries along with rapid expansion of industries and urbanization in this region. Europe is expected to grow in the forecast period of 2020 to 2027 due to the developed construction, automobile and electrical & electronics sector in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and UV Curable Resins - Formulated Product Market Share Analysis
UV curable resins - formulated product market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to UV curable resins - formulated product market.
The major players covered in the UV curable resins - formulated product market report are Allnex Netherlands B.V., Alberdingk Boley, BASF SE, DSM, Deuchem CO., LTD., Covestro AG, Nagase Chemtex Corporation, BYK-CHEMIE GMBH, Wanhua Chemical Group CO., LTD., Jiangsu Sanmu Group Co. Ltd., Toagosei Co. Ltd., Miwon Specialty Chemical CO. LTD, Hitachi Chemical Co. LTD., IGM Resins, Soltech Ltd., Eternal Chemical CO. LTD, Siltech Corporation, Sartomer USA LLC, CBC Co., LTD., Nissan Chemical Corporation, and Rahn AG among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global UV Curable Resins Market - Formulated Product Market By Composition (Oligomers, Monomers, Photo-Initiators, Additives), Chemistry (Non Acrylates & Oligoamines, Acrylate, Epoxy Acrylates, Polyether/Polyester Acrylates, Urethane Acrylates), Technology (Solventborne UV Resins, 100% Solids UV Resins, Waterborne UV Resins, Powder UV Resins), Application (Coatings, Overprint Varnishes, Printing Inks, Adhesives, 3D Printing, Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa)Industry Trends and Forecast to 2027
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Digital Inks Market is expected to Growing rate 7.94% in the Forecast Period of 2020-2027|Key Players Cabot Corporation, INX International Ink Co., Kornit Digital., Nazdar, Nutec digital Ink
Digital ink High adaptability of advertising and promotion application is also helping the market to grow. Volatility of raw material prices in digital ink market can restrain the market growth in the forecast period. Digital ink market has shown an exceptional penetration in developed economies. Asia-Pacific is dominating the market owing to increase in digitalization and rise in urbanization in China and India.
Digital ink market is growing due to the accelerating demand of digital ink in ceramic textiles; raw materials are used for the production of digital inks such as petrochemicals-derived products such as carbon black, solvents, resins, mineral oils and intermediates. Digital inks are used in digital printing which includes images, text and graphic digitally, and are diversely utilized for fine arts and wide range of advertising promotions. Increase in demand for digital inks from the ceramic tiles industry is also one of the growth factor for digital ink market and with the rising demand for UV-curable digital inks due to their fast drying and eco-friendly qualities will act as an opportunity for digital inks market. Solvent based segment is projected to be the largest segmented in the forecast period, solvent-based digital inks act as carriers which delivers the pigment to the substrate, this ink also help in melting the surface of the substrate. Application and promotion segments is a largest application segment of the digital inks market, restaurants and food services industry uses digitally printed wide format graphics to increase their sale and create awareness about food products.
Global Digital Inks Market By Formulation (Solvent-Based, Water-Based, UV-Cured), Substrate (Plastics, Ceramics & Glass, Textiles, Paper), Application (Advertising & Promotion, Ceramic Tiles Printing, Clothing & Household Textiles, Glass Printing), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2027 This digital inks market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research Digital Inks market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Digital Inks Market Country Level Analysis:
Digital inks market is analyzed and market size, volume information is provided by country, formulation, substrate and application as referenced above.
The countries covered in the market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the market owing to increase in digitalization, and rise in urbanization in China, and India. The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Scope of the Digital Ink Market:
Digital ink market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
All country based analysis of the digital ink market is further analyzed based on maximum granularity into further segmentation. On the basis of formulation, the digital ink market is segmented into solvent bases, water based and UV-cured. On the basis of substrate plastics, the digital ink market is segmented into ceramics and glass, textiles and paper. On the basis of application, the digital ink market is segmented into advertising and promotion, ceramic tiles printing, clothing and household textiles and glass printing.
Key Players of Digital Inks Market:
Cabot Corporation
INX International Ink Co.
Kornit Digital.
Nazdar, Nutec digital Ink
Sensient Inkjet
Siegwerk Druckfarben AG & Co. KgaA
Sun Chemical
Toyo Ink Co., Ltd.
Wikoff Color Corporation
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Key Report Highlights:
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the Digital Inks Market Operationalization Software Market
Analysis of market effect factors and their impact on the forecast and outlook of the Digital Inks Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the Digital Inks Market
A roadmap of growth opportunities available in the Digital Inks Market with the identification of key factors
The exhaustive analysis of various trends of the Digital Inks Market Operationalization Software Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Digital Inks Market?
What will the Digital Inks Market Demand and what will be Growth?
What are the latest opportunities for Digital Inks Market in the future?
What are the strengths of the key players?
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Impact of COVID 19:
Due to the pandemic, we have included a special section on the Impact of COVID 19 on the Digital Ink Market which would mention How the Covid-19 is affecting the Digital Ink Market Trends and Potential Opportunities in the COVID-19 Landscape, Covid-19 Impact on Key Regions and Proposal for Corrugated Board Players to Combat Covid-19 Impact.
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Dairy Ingredients Market Size, Shares, Growth rate and Industry Analysis to 2027
The Global Dairy Ingredients Market research report offers accurate insights for the growth prospects of the Dairy Ingredients market in the forecast years 2020-2027. The report is an all-inclusive study of the Dairy Ingredients market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.
Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic. The global public health emergency has disrupted the lives of everyone across the globe. It has also had a substantial impact on the Dairy Ingredients industry as global supply chains have been disrupted, and the financial scenario is tight. The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.
Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2639
Scope of the Market Report:
The report offers a holistic overview of the Dairy Ingredients industry that offers all the essential information. Furthermore, the market is segmented into product types, applications, end-user industries, and regions. The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals. It also sheds light on the market size and analyzes the market position. Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
FrieslandCampina (Netherlands), Fonterra Co-operative Group Limited (New Zealand), Dairy Farmers of America (U.S.), Arla Foods (Denmark), and Glanbia plc (Germany). Other players include Devondale Murray Goulburn (Australia), Groupe Lactalis (Germany), and Volac International Limited (U.K.).
For the purpose of this report, Reports and Data has segmented the Dairy ingredients market on the basis of type, source, nature, application, and region:
Type (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)
Milk powder
Whey ingredients
Milk protein concentrates (MPC)
Milk protein isolates (MPI)
Lactose and its derivatives
Casein & caseinates
Milk protein hydrolysates
Other dairy ingredients
Source (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)
Milk
Whey
Nature (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)
Traditional dairy ingredients
Non-traditional dairy ingredients
Application (Revenue, USD Million; 2016–2026, Volume, Kilo Tons; 2016-2026)
Bakery & confectionery
Dairy products
Convenience food
Infant milk formula
Sports & clinical nutrition
Other food products
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Additionally, the report covers an analysis of the key market regions where the market has substantial size and share. Along with the regions, the report also offers a country-wise analysis to enable better comprehension of the market competition. The key regions covered in the report are as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Summary of the Report:
The report offers a growth estimate for 8 years along with a forecast for market valuation
A thorough qualitative and quantitative analysis of the Global Dairy Ingredients Market
Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
Strategic recommendations for new entrants and established players
Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
In-depth regional analysis to offer a panoramic view of the Dairy Ingredients market along with a better understanding of the market’s competitive scenario
To read more about the report, visit @ https://www.reportsanddata.com/report-detail/dairy-ingredients-market
Thank you for reading our report. The customization of the report is available as per your research needs. Please get in touch with us, and our team will ensure you get the report tailored as per your requirements.
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#Dairy Ingredients Market#Dairy Ingredients Market trends#Dairy Ingredients Market size#Dairy Ingredients Market demand#Dairy Ingredients Market forecast
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Automotive Sensors Market Global and Regional Market Forecast to 2021-2027
The Global Automotive Sensors Market research report offers accurate insights for the growth prospects of the Automotive Sensors market in the forecast years 2020-2027. The report is an all-inclusive study of the Automotive Sensors market that offers the readers a better view of the current and emerging market trends through a thorough analysis of the market size, growth trends, supply and demand ratio, market share, sales network and distribution channels, and other key elements.
Furthermore, the report is furnished with the current market scenario with regards to the COVID-19 pandemic. The global public health emergency has disrupted the lives of everyone across the globe. It has also had a substantial impact on the Automotive Sensors industry as global supply chains have been disrupted, and the financial scenario is tight. The report assesses the initial and future impact of the pandemic on the market and its key segments to offer an accurate futuristic outlook for remuneration in a post-COVID-19 scenario.
Get a sample copy of the report @ https://www.reportsanddata.com/sample-enquiry-form/2462
Scope of the Market Report: The report offers a holistic overview of the Automotive Sensors industry that offers all the essential information. Furthermore, the market is segmented into product types, applications, end-user industries, and regions. The report is formulated by extensive primary and secondary research and backed by the verified data from industry experts and professionals. It also sheds light on the market size and analyzes the market position. Along with this, the report extensively studies the competitive landscape in the market and profiles the key players of the industry.
The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:
Robert Bosch (Germany), Continental AG (Germany), Delphi Automotive (UK), Denso Corporation (Japan), Infineon Technologies (Germany), Sensata Technologies (US), Allegro Microsystems (US), Analog Devices (US), Elmos Semiconductor (Germany), and CTS Corporation (US) and others.
Automotive Sensors Market by Applications (Revenue, USD Million; 2016–2026)
Powertrain
Chassis
Exhaust
Safety & control
Body electronics
Telematics
ADAS
Others
Automotive Sensors Market by Vehicle Type (Revenue, USD Million; 2016–2026)
Passenger Vehicle
Mid-sized car
Sedan
Minivan
Convertible
Crossover
Hatchback
Others
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Additionally, the report covers an analysis of the key market regions where the market has substantial size and share. Along with the regions, the report also offers a country-wise analysis to enable better comprehension of the market competition. The key regions covered in the report are as follows:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
To read more about the report, visit @ https://www.reportsanddata.com/press-release/global-automotive-sensors-market
Summary of the Report:
The report offers a growth estimate for 8 years along with a forecast for market valuation
A thorough qualitative and quantitative analysis of the Global Automotive Sensors Market
Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with feasibility analysis and investment return analysis
Comprehensive study of the prominent players engaged in the market along with their product portfolio and business expansion strategies
Strategic recommendations for new entrants and established players
Extensive analysis of drivers, restraints, limitations, growth prospects and opportunities, and threats
In-depth regional analysis to offer a panoramic view of the Automotive Sensors market along with a better understanding of the market’s competitive scenario
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Thank you for reading our report. The customization of the report is available as per your research needs. Please get in touch with us, and our team will ensure you get the report tailored as per your requirements
#Automotive Sensors Market#Automotive Sensors Market trends#Automotive Sensors Market size#Automotive Sensors Market growth#Automotive Sensors Market demand
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Flexographic Inks Market Trends, Regulations And Competitive Landscape Outlook to 2022
The global market for the flexographic inks was valued at nearly $9.9 billion in 2016, which is expected to increase to $10.3 billion by 2017 and $13.1 billion by 2022, a compound annual growth rate (CAGR) of 5.0% for the forecast period of 2017-2022.
Report Scope:
This report represents an in-depth analysis of the global flexographic ink market by resin type, technology, end-use industry and region, and discusses the distinction between the types flexographic inks in order to derive specific market estimates. The report compares conventional and emerging technologies and the importance of these technological advancements in the flexographic inks market. The report also investigates strategies adopted by the major players in the global flexographic inks market. A patent analysis provides a snapshot of technological trends in the world market, chronologically as well as geographically, for the U.S., Europe and Japan. The global market is segmented based on resin type, technology and end-use application.
Estimated values used are based on manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.
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Report Includes:
– An overview of the global market for flexographic inks – Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022 – Insight into the market through market sizes, value chain, revenue forecasts, market and product trends, and competitive landscape – Analysis of the market by type of flexographic ink resins, by technology, by application, and by region – Discussion of the current and future trends of the market – Overview of the major patents pertaining to flexographic inks – Profiles of leading players and their key developments and strategies
Summary
Flexography is a relief printing technique that uses rubber or soft plastic plates and a simple, fast drying ink system. Flexographic printing can be used on porous or nonporous materials. The print image is transferred from the pre-inked soft plate to the printing surface. Packaging and label printing is mainly accomplished using the flexographic technique.
The flexible relief plate can be applied to almost any kind of substrate such as paper, plastics, metals, cellophane, newsprint, chip, liner board, coated boards, catalogs, shopping bags and many other materials.
The advantages of flexographic printing include: – Versatility — Inks can be the conventional solvent-based printing inks, but the flexography process can also be use water-based, UV-curable, fluorescent and metallic inks. – High-speed production — One of the important features in flexography printing is fast production. Because the printing process uses low viscosity, fast-drying inks, the cleanup processes are quicker. – Lower costs — The high-volume and high-speed production in flexography printing make the process significantly cheaper than other printing processes. Parts and maintenance costs are also lower than with other printing systems.
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Flexographic inks are the inks transferred by the process of flexography, primarily used in printing of packaging materials like cardboard boxes, corrugated cardboard boxes, paper, plastic bags, flexible materials used in food packaging, catalogs and newspaper printing. The inks and the printing method are gaining in popularity due to their versatility, high volume and speed of production, lower cost, and environmentally friendly characteristics. The most important part of the printing process is the application of ink. The color and the quality of flexographic print is determined by the thickness of the ink film applied to the substrate and the type and concentration of colorant used in the formulation. The thickness of ink depends on the type of substrate and is mainly determined by the ink-metering system.
In the early stages of flexographic printing, an aniline dye ink was used. Due to its toxicity, the use of this ink in food packaging was banned. Further complications with this ink dye were due to frequent staining and bleeding. Over time, the flexographic ink was substituted with polyamide resins, which not only sped up the drying process but also the overall printing process itself. Soon after, solvent-based inks came on the market which were safe for food packaging, but harmful to the environment due to their high volatile organic compound (VOC) content. As expected, a new ink composition which was good for both packaging the product and environment was sought after. As the solvent-based ink failed to be sustainable due to its effect on the environment, the leading manufacturing companies’ R&D departments developed an innovative water-based ink. Today all printers voluntarily adopt the waterbased inks, which can be recycled for re-use.
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Radiation Curable Coating Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018-2026
Radiation curable coatings consist of polymer coatings, treated either by ultraviolet or by electron beam radiation and are used for a variety of materials such as wood, glass, plastic, metal and paper. Radiation curable formulations are used in coatings, inks, adhesives, and electronics. The radiation-cured coating process includes smearing a low-viscosity mixture consisting of reactive materials and additives onto a substrate. This mixture is then exposed to ultraviolet radiation energy or an electron beam for small periods of time. Once exposed to the radiation, the mixture gets converted instantly into a cross-linked high-quality coating. The energy required for radiation curing is gained from particular short-wave radiation sources.
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Radiation Curable Coating Market Outlook – Increasing Safety Concerns and Hazard Prevention Expected to Fuel the Demand
Asia Pacific market is projected to witness relatively high growth in terms of value over the forecast period. High growth in the regional market is attributed to increasing population coupled with growth in the consumer goods and coatings market in emerging economies such as India and China. According to IBEF, the revenue generated by consumer goods in India was US$ 11.1 billion in 2015-2016. This trend is expected to be followed in future. India Brand Equity Foundation (IBEF) is a Trust founded by the Ministry of Commerce and Industry, Department of Commerce in collaboration with the Government of India with the aim of promoting and creating international awareness of goods manufactured in India.
High price of raw materials for radiation curable coating is expected to be one of the restraining factors for the growth of radiation curable coating market over the forecast period. Innovation in products and expansions in different geographies are some of the key strategies adopted by the top players in the radiation curable coating industry. Research is in process for the use of radiation curable coating in Stereolithography. In this process three-dimensional parts are created from photosensitive resins. In addition to this, UV-LED curing which will offer distinct advantages such as long life time, cooler operating conditions and less of a gradual drop off in energy is being developed. Some of the major companies operating in the global radiation curable coating market are Royal DSM, DIC Cytec, Industries Inc., RAHN AG, Allnex, BASF SE, and Sartomar.
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UV Curable Resins & Formulated Market Trends, Application, Growth rate, Volume, Margin From 2017-2022
Global UV Curable Resins & Formulated Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types and its applications are increasing across the globe. Ultraviolet (UV) curing comes across as a photochemical procedure wherein high-intensity UV light is used to achieve instant cure or dry inks or coatings. UV curing implies a technique of radiation curing through which many materials are cured.
It comprises coatings, inks, adhesives, and others. It is a technology that permits direct drying or curing to cause photo polymerization. UV Curable Resins & Formulated Market is categorized based on composition, applications, and geography. The market is categorized based on composition such as Oligomers, Monomers, Photo initiators, Additives. UV Curable Resins & Formulated Industry is categorized based on chemistry such as Acrylates, Non-Acrylates & Oligo amines.
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UV Curable Resins & Formulated Industry is categorized based on technology such as Solvent-borne UV, Waterborne UV, 100% Solids UV, Powder UV. UV Curable Resins & Formulated Market is categorized based on application into Coatings, Overprint Varnish, Printing Inks, Adhesives, 3D Printing and Other Applications.
UV Curable Resins & Formulated Market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe). Asia-Pacific has been at the forefront with regards to UV Curable Resins & Formulated Industry and will continue to rule the roost in the years to come.
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Some of the key players that fuel the growth of the UV Curable Resins & Formulated Market include Nippon Gohsei, Allnex, DSM, Hitachi Chemical Company, Arkema, BASF, Toagosei, Covestro, IGM Resins, Miwon Specialty Chemical. The key players are focusing on inorganic growth to sustain themselves amidst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.
#UV Curable Resins & Formulated Market#UV Curable Resins & Formulated Industry#UV Curable Resins & Formulated Sales#UV Curable Resins & Formulated Share#UV Curable Resins & Formulated Revenue
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In-Mold Labels Market Size, Top Players, Growth Rate, Global Trend, and Opportunities to 2027
This analysis of the Global In-Mold Labels Market aims to offer relevant and well-researched insights into the contemporary market scenario and the emergent growth dynamics. The report on In-Mold Labels Market also gives the market players and fresh contenders a holistic view of the global market landscape. The comprehensive study will help both established and emerging players formulate lucrative business strategies and realize their short-term and long-term goals. The In-Mold Labels industry has witnessed a stable growth rate in the past decade and is expected to continue on the same path in the forthcoming decades. Therefore, it is crucial to recognize all investment opportunities, potential market threats, restraining factors, challenges, market dynamics, and technological development to intensify footholds in the In-Mold Labels sector. This report has evaluated all the above mentioned aspects to present a detailed assessment to the reader to assist them in achieving the desired growth in their businesses.
This report covers the recent COVID-19 incidence and its impact on In-Mold Labels Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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The significant players in the market are Fuji Seal International (Japan), Huhtamaki Group (Finland), Coveris Holding (U.S.), CCL Industries (Canada), Constantia Flexibles GmbH (Austria), Cenveo Inc. (U.S.), and Multicolor Corporation (U.S.)
To help gain the business owner further gain business intelligence the study on the In-Mold Labels market for the forecast period 2020 - 2027 brings to light data on production capability, consumption capacity, spending power, investment feasibility, and technology innovation. A thorough assessment of market performance across different regions is presented through self-explanatory graphic images, charts, and tables that add weight to corporate presentations and marketing materials. The study offers regional profiles of major vendors and extensive country-level break down to empower companies to make a wise investment decision when exploring new regions.
Product (Revenue, USD Million; 2016–2026)
Polypropylene
Polyethylene
Polyvinyl chloride
ABS resins
Polyethylene Terephthalate
Polyvinylidene Chloride
Polycarbonate
Synthetic Papers
Others
Technology (Revenue, USD Million; 2016–2026)
Extrusion Blow-Molding Process
Injection Molding Process
Thermoforming
End User (Revenue, USD Million; 2016–2026)
Personal Care
Consumer Durables
Food & Beverage
Automotive
Medical and Laboratory
Paints
Others
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Printing Technologies (Revenue, USD Million; 2016–2026)
Flexographic Printing
Offset Printing
Gravure Printing
Digital Printing
Others
Printing Inks (Revenue, USD Million; 2016–2026)
UV Curable Inks
Thermal Cured Inks
Water-Soluble Inks
High Melt-Resistant Inks
Others
Regional analysis: Based on geography, the market has been categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Table of Contents:
Study Coverage: It includes key manufacturers covered, key market segments, the scope of products offered in the global In-Mold Labels market, duration considered, and objectives of the research. Additionally, it segments the market on the basis of product type and application.
Executive Summary: It offers a summary of other key studies, annual growth rate, competitive landscape, driving factors, market trends and issues, and macroscopic indicators.
Production by Region: Here, the report delivers information related to import and export, production, revenue, and key players of all regional markets inspected in the report.
Profile of Manufacturers: Each firm profiled in this segment is investigated by means of SWOT analysis, available products, global production, value, capacity, and other crucial factors.
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Highlights the following key factors:
1) Business description-Detailed description of a firm’s operations and business segments.
2) Corporate strategy – Analyst’s summarization of the company’s business strategy.
3) SWOT Analysis – A detailed analysis of the company’s strengths, weaknesses, opportunities, and challenges.
4) Company history – A company’s evolution, highlighting its key events through the years.
5) Major products and services – A list of flagship products, services, and brands of the company.
6) Key competitors – A list of key competitors of the company.
7) Important locations and subsidiaries – A list and contact details of key locations and subsidiaries of the company.
8) Detailed financial ratios for the past five years – The latest financial ratios derived from annual financial statements released by the company in the last five years.
The growth of this market across the globe is dependent on multiple factors; including consumer base of several In-Mold Labels products, inorganic growth models adopted by companies, price volatility of feedstocks, and product innovation, along with their economic prospects in both producer and consumer nations.
Overall, this report provides a clear view of every vital factor of the market without the need to refer to any other research reports or data sources. Our report will equip you with all the strategically vital facts about the past, present, and future of the market.
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#In-Mold Labels Market#In-Mold Labels Market size#In-Mold Labels Market share#In-Mold Labels Market trends
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New product launches, expansions, and mergers & acquisitions are the key strategies adopted by the industry players to grow in the UV curable resins & formulated products market.
#UV Curable Resins & Formulated Products Market#UV Curable Resins & Formulated Products#UV Curable Resins & Formulated Product#UV Curable Resins & Formulated Products Industry#UV Curable Resins & Formulated Products Market Revenue#UV Curable Resins & Formulated Products Market Size#UV Curable Resins & Formulated Products Market Share#UV Curable Resins & Formulated Products Market Insights#UV Curable Resins & Formulated Products Market Report#UV Curable Resins & Formulated Products Market Analysis
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How is Growing Use of Environment-Friendly Industrial Coatings Driving UV Curable Resins Market?
The utilization of environment-friendly industrial coatings is increasing rapidly as the consumers are becoming more aware regarding the side-effects of traditional coating solutions. Conventional inks, coatings, and adhesives contain hydrocarbon solvents, which are released in the atmosphere during the process of curing. These hydrocarbons have volatile organic compounds (VOC) that are carcinogenic in nature and cause severe health problems. Because of this, governments of different countries have started implementing strict norms in order to control the release of VOCs in the environment. Since ultraviolet curable products do not release VOCs and have comparatively less impact on the environment, their demand is increasing.
UV curing, a subset of radiation/energy curing, involves the usage of a light source for curing different products such as adhesives, coatings, and inks. According to a report by P&S Intelligence, in 2017, the global UV curable resins market generated a revenue of $3,473.9 billion and is projected to attain $5,403.9 million in 2023, advancing at a 7.7% CAGR during the forecast period (2018–2023). The different formulations of UV curable resins include monomers, oligomers, and photoinitiators. Some other formulations include pigments and additives. Among these, the highest demand was created for oligomers during 2013–2017 and the situation is projected to remain the same in the coming years as well.
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The end users of UV curable resins include electronics, industrial coatings, and graphic arts. Some other applications include mining, aerospace, and defense. Out of these, the highest requirement for UV curable resins was created by the industrial coatings’ category during 2013–2017, and the application is further predicted to retain its position during the forecast period. This is because of the extensive usage of UV curable resins in various industries, such as automotive, wood & paper, metal, and plastic. The fastest growth is demand is expected to be witnessed by the electronics category.
The rising demand for UV curable inks for packaging applications is a driving factor of the UV curable resins market. As mentioned earlier, UV curable inks have zero emissions and are safe, which is why the packaging industry is increasingly adopting them. In addition to this, UV curable inks are approved by the Food and Drug Administration, due to which they are also being utilized in the pharmaceuticals and food & beverage industries. Manufacturers are focusing on providing quality packaging at a lower price, which is further driving the demand for UV resins. In addition to this, the expanding packaging industry in countries including India and China is further creating growing requirement for these inks.
Among the different regions, namely Asia-Pacific (APAC), North America, Europe, and rest of the World, the APAC region created the largest demand for UV curable resins during 2013–2017 and is further expected to witness the fastest growth in demand for these products during the forecast period. The reasons for this are the growing implementation of strict VOC emission norms, surging consumer awareness and environmental concerns, and rising requirement from the electronics sector. In the region, China created the largest demand for UV curable resins during 2013–2017.
#UV curable resins market#UV curable resins market growth#UV curable resins market size#UV curable resins market share#UV curable resins market demand#UV curable resins market forecast#UV curable resins market analysis report#UV curable resins market future#UV curable resins market trends
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UV Curable Resins Formulated Products Market Analysis -Worldwide Opportunities, Revenue, Production, Demand and Geographical Forecast To 2023
Market Research Future Published a Research Study on UV Curable Resins Formulated Products Market Research Report, Size, Share and Industry Analysis - Forecast to 2023
UV curable resins are used in various end-user industries such as building and construction, automobile, and electrical and electronics. The growing demand from the developing region across the globe is the major factor driving the global UV curable resins market. Furthermore, growing government investments in the infrastructural development coupled with the augmenting demand from the automobile sector are significantly contributing to the growth of the market. Industrial segment is the dominant segment and expected to show the same trend during the forecast years. The growing usage of UV curable resins in the packaging, electronics, adhesives and plastic and metal is contributing significantly to the growth of the segment.
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Market Scenario:
The photoinitiators composition segment is anticipated to be the fastest growing segment, whereas the monomer composition is the largest segment and is expected to show the same trend during the forecast years. Monomer composition is extensively used in inks, coatings, and adhesives.
Competitive Analysis:
Some of the prominent players operating in the Global UV curable resins market are Arkema SA (France), Allnex Group (Germany), Toagosei Co. Ltd. (Japan), BASF SE (Germany), Royal DSM N.V. (Netherlands), Covestro AG (Germany), Nippon Gohsei (Japan), Hitachi Chemical Company Ltd. (Japan), IGM Resins B.V. (Netherlands), and Miwon Specialty Chemical Co. Ltd (South Korea).
Market Segmentation
The global UV curable resins market is segmented into composition and application. On the basis of composition, the market is segmented into oligomers, monomers, photoinitiators, and additives. On the basis of application, the global UV curable resins market is segmented into wood and paper coatings, plastic coatings, metal coatings, overprint varnish, printing inks, adhesives, 3D printing, industrial, automotive and other applications.
Browse Key Industry insights spread across 137 pages with 44 market data tables & 11 figures & charts from the Report, “UV Curable Resins Market Research: Information by Composition (oligomers, monomers, photoinitiators, additives), by Application (wood & paper coatings, plastic coatings, metal coatings, printing inks, adhesives, 3D printing, adhesives) – Forecast till 2023” in detail along with the table of contents@ https://www.marketresearchfuture.com/reports/uv-curable-resins-formulated-products-market-863
Regional Analysis
The global UV curable resins market is spanned across five key regions: Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. Among these, Asia Pacific holds a major portion of the global market and is anticipated to continue its dominance during the forecast period. The developing end-user industries in the region such as construction and automotive are expected to fuel the market growth. Moreover, the favorable government regulation has resulted in the shifting of the manufacturing base in the Asia Pacific which has further propelled the market growth. The major counties attributing to the growth of UV curable resins in this region are India, China, and Japan. North America is the dominant region for the market UV curable resins. The developed end-user industries coupled with the growing adoption of UV curable resins are the major factor contributing to the growth of the market. The major countries attributing to this growth are the U.S. and Canada. European market of UV curable resins is mainly driven by the developed automobile and electronics industry. Moreover, the increasing use of UV curable resins owing to the strict environmental regulations is further expected to add to the growth of the market.
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UV Curable Resins Market Research, Growth Opportunities, Analysis And Demand Forecast to 2023
Global UV curable resins market is projected to reach $5,403.9 million by 2023, the market growth is mainly driven by increasing preference for environment-friendly coatings in different industries such as electronics and automotive.
Based on formulation, the UV curable resins market is categorized into oligomers, monomers, photoinitiators, and others (additives and pigments. Of these, oligomers is expected to be the fastest growing category in the market, advancing at respective volume and value CAGRs of 7.2% and 8.1% during the forecast period.
On the basis of application, the UV curable resins market is categorized into coatings, inks, adhesives, and others (masking materials, filling materials, soldering materials, and staping motor protective layers). Coatings was the largest application area in the market, accounting for more than 45 .0% revenue in 2017.
During the forecast period, the fastest growth in volume sales of these resins is expected in Asia-Pacific (APAC), with a CAGR of 7.9%. Countries such as China, India, and Indonesia are some of the leading APAC nations which have a fast-growing construction industry.
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Some of the major players operating in the global UV curable resins market are BASF SE, Toagosei Co. Ltd., Koninklijke DSM N.V, he Nippon Synthetic Chemical Industry Co. Ltd., Covestro AG, Wanhua Chemical Group Co. Ltd., Miwon Specialty Chemical Co. Ltd., Hitachi Ltd., Arkema Group, and DIC Corporation.
#UV Curable Resins Market#UV Curable Resins Market Share#UV Curable Resins Market Size#UV Curable Resins Market Demand#UV Curable Resins Market Forecast#UV Curable Resins Market Growth#UV Curable Resins Market Analysis
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Acrylate Monomers Market to Record Sturdy Growth by 2024
Transparency Market Research observes the global acrylate monomers market to be price sensitive that has compelled key players to develop acrylic products with inexpensive formulations. Despite this, some of the key players such as Arkema S.A., Evonik Industries, and the Dow Chemical Company have announced upping of prices of their products. Generally, manufacturers of acrylate monomers are partnering with OEM manufacturers, designers, and merchandisers to develop cost effective acrylic resins. As a rule of thumb, formulations that can help reduce the cost of acrylic acid or resins without impact on their performance is anticipated to create growth opportunities in the acrylate monomers market.
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Mergers and acquisitions and expansion in new geographies have been envisaged to open growth opportunities in the global acrylate monomer market, notes the study.Transparency Market Research foresees the global acrylate monomer market to attract a revenue of US$11,112.3 mn by the end of 2025 from US$6,987.9 mn in 2016, expanding at 5.4% CAGR between 2017 and 2025.
Based on product, the global acrylate monomers market is categorized into butyl acrylate, methyl acrylate, ethyl acrylate, 2-ethyl hexyl acrylate, and others. Of them, butyl acrylate and 2-ethyl hexyl acrylate are commonly used in the paint & coating industry.
Geography-wise, Asia Pacific holds the leading share in the global acrylate monomers market driven by a number of favorable factors.
“The extensive use of acrylate monomers in paints and coatings is chiefly driving the global acrylate monomers market. In particular, the demand for water based coatings is positively influencing the demand for acrylate monomers. This is because the use of acrylate monomers in water-based coatings enhances the physical properties of the formulation. In addition, it provides better water resistance, low temperature flexibility, and excellent weathering and sunlight resistance,” explains the author of the study. As per the Paint Quality Institute, water-based paints or coatings constitute almost 80% of paints sold for household use, in developed regions.
Acrylate monomers display properties of UV curability, weather resistance, and adhesiveness that make them suitable for a wide array of applications. Apart from this, superior durability and UV resistance, high flexibility, and gloss are the key properties of acrylate monomers that have boosted their demand.
Acrylate monomers find extensive scope in polymer flooding technology used in the oil and gas sector. Studies reveal that acrylamide upon copolymerization with functional acrylate monomers enhance the physical properties such as temperature resistance and salt resistance of polymers that are used for flooding the reservoir. Though still in experimental stage, the results obtained so far are quite promising on grounds of which acrylate monomers may find commercial applications in the oil and gas industry.
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On the downside, acrylate monomers are subject to regulations as they are toxic and direct exposure to these substances is harmful. This is restraining the growth of the market to some extent. Nevertheless, recent advances have led to successful formulation of bio-based or plant-based acrylate monomers. These formulations have potential for commercial applications, and are anticipated to become alternative to existing petrochemical-based acrylate monomers.
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