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Global UV Curable Resins Market 2017-2021: High Penetration of UV Curable Resins in Coatings for Consumer ElectronicsDUBLIN, September 26, 2017 /PRNewswire/ -- The "Global UV Curable Resins Market 2017-2021" report has been added to Research and Markets' offering. The global UV curable resins market to grow at a CAGR of 8.80% during the period 2017-2021. Global UV Curable Resins Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. One trend in the market is development of improved and modern photoinitiators. UV curable resins have proved to be one of the fastest growing technologies pertaining to coatings, adhesives, graphic arts, and other industries. UV curing technology, for its excellent physical and chemical resistance properties is being extensively used. Favorably, the global UV curable resins market is witness to emerging trends. One of the latest trends in the market is the development of improved and modern photoinitiators. According to the report one driver in the market is high penetration of UV curable resins in coatings for consumer electronics. The electronic industry is one of the prominent industries worldwide and has a significant contribution to the growth of the UV curable resins market. The demand for UV curable resins is predominant in the APAC as it is the largest consumer of electronics in the world. In the electronics segment, UV curable resins are used extensively for a wide range of applications including laptops, mobile phones, game console coatings, and others. Further, the report states that one challenge in the market is poor breadth of portfolio accompanied by long-standing misconception. The global UV curable resins market is hindered by the poor penetration of UV curable resins in different markets, particularly when it comes to coatings. There exist a number of markets in which UV coatings have not made a mark. For instance, products including outdoor siding demand high weatherability and have not witnessed the positive benefits offered by UV coatings. Automotive finishes represent yet another area where UV coatings for both interior and exterior finishes need to be improved. Key vendors
Other prominent vendors
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