UV Curable Resins and Formulated Products Market Size, Share, Forecast 2022-2028
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global UV Curable Resins and Formulated Products Market size at USD 4.85 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects the size of global UV curable resins and formulated market to grow at a CAGR of 10.5% reaching a value of USD 9.73 billion by 2028. Ultraviolet (UV) curable resins are materials that cure and polymerize using energy from UV devices. When UV light is applied to inks, adhesives, and coatings, the technology allows for instant drying and curing via photopolymerization. Due to the expanding applications and use in numerous fields, including coatings, overprint varnishes, printing inks, adhesives, and others, the demand for UV curable resins and specially formulated products is expected to rise. However, high cost of setup could limit the market growth. Global UV Curable Resins and Formulated Products ...