Market research and analysis:The market for UV Curable Oligomer is expected to grow steadily over the next few years

Published Date: Tuesday,21 Mar,2023

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biaoQian UV curable oligomers

UV curable oligomers are chemical compounds that are used in the production of coatings, inks, adhesives, and other materials that require quick curing times and high durability. The global UV curable oligomer market has been growing steadily in recent years, and is expected to continue its growth trajectory over the next several years. In this analysis, we will examine the major competitors, market prices, product types and application areas, development status, and development trends in the global UV curable oligomer market.

According to a report by MarketsandMarkets, the global UV curable oligomer market was valued at $759 million in 2020 and is expected to reach $1.2 billion by 2025, growing at a CAGR of 9.4% during the forecast period. The increasing demand for environmentally friendly and low VOC coatings, as well as the growth of the printing industry, are driving the growth of the market.

The major competitors in the global UV curable oligomer market include BASF SE, Sartomer (Arkema Group), Allnex Belgium SA/NV, IGM Resins B.V., Miwon Specialty Chemical Co. Ltd., and Toagosei Co., Ltd. These companies are investing heavily in R&D to develop new and innovative UV curable oligomers to stay ahead of the competition.

The prices of UV curable oligomers vary depending on the product type, application, and region. Generally, prices are higher for oligomers that offer higher performance and durability. For example, low viscosity polyester acrylate oligomers are priced at around $5-$7/kg, while higher performance oligomers like urethane acrylates can cost upwards of $10/kg.

UV curable oligomers can be classified into several types based on their chemical structure, including polyester acrylates, epoxy acrylates, urethane acrylates, and silicone acrylates. Each type of oligomer has unique properties that make them suitable for different applications.

Polyester acrylates are widely used in coatings for wood, plastic, and metal surfaces. Epoxy acrylates are used in adhesives, coatings, and inks. Urethane acrylates offer high performance and are used in automotive and industrial coatings, while silicone acrylates are used in high-temperature applications.

The development of new UV curable oligomers is a major area of focus for companies in the market. There is a growing demand for oligomers that offer higher performance and lower VOCs, as well as oligomers that can be used in a wider range of applications. Companies are also investing in developing new formulations that can be cured at lower energy levels, which would reduce energy consumption and lower costs.

Another trend in the market is the use of bio-based and renewable raw materials in the production of UV curable oligomers. This is driven by the growing demand for sustainable products and the need to reduce the environmental impact of manufacturing processes.

In conclusion, the global UV curable oligomer market is expected to continue its growth trajectory over the next several years. Major competitors in the market are investing heavily in R&D to develop new and innovative products, and there is a growing demand for higher performance and sustainable products.

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