Lucintel's latest market report analyzed that photoinitiator provides attractive opportunities in UV cured coatings, inks, and, adhesives. The photoinitiator market is expected to grow at a CAGR of 5.3%. In this market, UV cured coatings is the largest segment by application, whereas free radical type is largest by product type. The improved performance of UV cured coating photoinitiators in the electronic assembly and advancement in light cure adhesive technology provides strategic growth path in this market.
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Based on application,
the photoinitiator market is segmented into paints, inks, and, adhesives. The
UV cured coatings segment accounted for the largest share of the market in 2020
due to its increasing demand in wood coatings, automotive coatings, and powder
coatings. UV cured inks is expected to witness the highest growth over the
forecast period due to increasing demand in printing, graphic arts, and LED ink
curing.
Browse in-depth TOC on “Photoinitiator
Market”
94 – Tables
102 – Figures
200 – Pages
The photoinitiator
market is marked by the presence of several big and small players. Some of the
prominent players offering photoinitiator include AkzoNobel, PPG Industries,
DIC Colour and Comfort, Siegwerk, Dymax, Master Bond, Inc. and others.
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This unique research report will enable you
to make confident business decisions in this globally competitive marketplace. For
a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on
this link helpdesk@lucintel.com.
About Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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