×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

UV curable resins Market

ID: MRFR/CnM/10422-CR
128 Pages
Priya Nagrale
July 2023

UV curable resins Market Research Report Information By Composition (Monomers, Oligomers, Photo Initiators, And Additives), Chemistry (Epoxy Acrylates, Urethane Acrylates, Polyester Acrylates, And Others), Type (Solvent Borne UV Resins, Waterborne UV Resins, Powder UV Resins, And Others), Application (Coatings, Overprint Varnish, Printing Inks, Adhesives, Cured-In-Place-Pipe (CIPP), 3D Printing, And Others), End-Use Industry (Automotive & Transportation, Building & Construction, Architectural Coating), And Region - Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

UV curable resins Market Infographic
×
UV curable resins Market Infographic Full View
Purchase Options

UV curable resins Market Summary

As per MRFR analysis, the UV curable resins Size was estimated at 4.24 USD Million in 2024. The UV curable resins industry is projected to grow from 4.38 in 2025 to 5.98 by 2035, exhibiting a compound annual growth rate (CAGR) of 3.17 during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The UV curable resins market is poised for robust growth driven by sustainability and technological advancements.

  • The market is increasingly influenced by sustainability initiatives, reflecting a broader environmental consciousness.
  • Technological innovations are enhancing the performance and application range of UV curable resins, particularly in coatings.
  • North America remains the largest market, while Asia-Pacific is emerging as the fastest-growing region, driven by rising industrial activities.
  • Diverse end-use applications, especially in packaging and automotive sectors, are propelled by regulatory support and growing demand.

Market Size & Forecast

2024 Market Size 4.24 (USD Million)
2035 Market Size 5.98 (USD Million)
CAGR (2025 - 2035) 3.17%

Major Players

Henkel (DE), BASF (DE), DSM (NL), Allnex (BE), SABIC (SA), Nippon Paint (JP), Arkema (FR), Ferro Corporation (US), Hitachi Chemical (JP)

UV curable resins Market Trends

The UV curable resins is currently experiencing a notable transformation, driven by advancements in technology and increasing demand for sustainable materials. Manufacturers are focusing on developing innovative formulations that enhance performance while minimizing environmental impact. This shift is largely influenced by regulatory pressures and consumer preferences for eco-friendly products. As a result, the market landscape is evolving, with a growing emphasis on bio-based resins and formulations that offer improved curing speeds and durability. Furthermore, the expansion of applications across various industries, including automotive, electronics, and packaging, is contributing to the market's dynamic growth. In addition, the UV curable resins is witnessing a surge in research and development activities aimed at enhancing product properties. Companies are investing in new technologies to improve the efficiency of curing processes and expand the range of applications. This trend indicates a potential for increased collaboration between manufacturers and research institutions, fostering innovation and driving market expansion. Overall, the UV curable resins Market appears poised for continued growth, with a focus on sustainability and technological advancements shaping its future.

Sustainability Focus

The UV curable resins Market is increasingly prioritizing sustainability, with manufacturers developing eco-friendly formulations. This trend reflects a broader commitment to reducing environmental impact and meeting consumer demand for greener products.

Technological Advancements

Innovations in curing technologies are enhancing the performance of UV curable resins. These advancements are likely to improve efficiency and expand the range of applications, making products more versatile and effective.

Diverse Applications

The market is witnessing a diversification of applications across various sectors, including automotive, electronics, and packaging. This trend suggests a growing recognition of the benefits of UV curable resins in enhancing product performance and durability.

UV curable resins Market Drivers

Growing Demand in Various Industries

The Global UV Curable Resins Market Industry experiences robust growth driven by increasing demand across diverse sectors such as automotive, electronics, and packaging. These industries utilize UV curable resins Market for their superior performance characteristics, including rapid curing times and enhanced durability. For instance, the automotive sector employs these resins for coatings and adhesives, which are essential for vehicle aesthetics and longevity. As of 2024, the market is valued at approximately 4.55 USD Billion, indicating a strong upward trajectory that is likely to continue as industries increasingly adopt UV technologies.

Rising Adoption in the Packaging Sector

The Global UV Curable Resins Market Industry is significantly bolstered by the rising adoption of UV curable resins Market in the packaging sector. With the growing emphasis on sustainable packaging solutions, UV curable resins Market provide an attractive alternative due to their rapid curing capabilities and reduced environmental impact. They are widely used in flexible packaging, labels, and cartons, where high-quality finishes are essential. The increasing consumer preference for eco-friendly packaging options further drives this trend, positioning the market for substantial growth as it aligns with global sustainability goals.

Technological Advancements in UV Curing

Technological innovations in UV curing processes significantly enhance the efficiency and effectiveness of UV curable resins Market, thereby driving the Global UV Curable Resins Market Industry. Advancements such as LED UV curing technology offer energy-efficient solutions that reduce operational costs and improve production speeds. These innovations not only cater to the growing demand for high-performance coatings and inks but also facilitate the development of new applications in sectors like 3D printing and medical devices. The anticipated compound annual growth rate of 10.08% from 2025 to 2035 suggests a strong market response to these technological improvements.

Market Dynamics and Competitive Landscape

The Global UV Curable Resins Market Industry is characterized by dynamic market conditions and a competitive landscape that influences growth trajectories. Key players are investing in research and development to innovate and expand their product offerings, which enhances market competitiveness. Strategic collaborations and mergers among leading manufacturers also play a crucial role in market expansion. This competitive environment fosters innovation, leading to the introduction of advanced UV curable resin formulations that meet diverse customer needs. As the market evolves, these dynamics are likely to shape the future landscape of UV curable resins Market.

Environmental Regulations Favoring UV Technologies

The Global UV Curable Resins Market Industry is positively influenced by stringent environmental regulations that promote the use of low-VOC and eco-friendly materials. UV curable resins Market are inherently more sustainable compared to traditional solvent-based alternatives, as they emit fewer volatile organic compounds during application. This shift aligns with global initiatives aimed at reducing environmental impact, thus encouraging manufacturers to adopt UV technologies. As regulatory frameworks evolve, the market is expected to expand, with projections indicating a growth to 13.1 USD Billion by 2035, showcasing the potential for UV resins to become a standard in various applications.

Market Segment Insights

By Application: Coatings (Largest) vs. Adhesives (Fastest-Growing)

The application segment of the UV curable resins market is predominantly driven by coatings, which hold the largest market share. This is primarily attributed to their extensive use in various industries, including automotive, furniture, and electronics, where robust protective finishes are required. In contrast, adhesives are emerging as a fast-growing segment owing to their versatility and increasing adoption in construction and woodworking applications, highlighting a significant trend in the market dynamics.

Coatings (Dominant) vs. Adhesives (Emerging)

Coatings are the dominant application of UV curable resins, known for their high-performance attributes such as durability, chemical resistance, and rapid curing times. This segment is critical in sectors like automotive and consumer goods, where aesthetic and protective qualities are essential. On the other hand, adhesives represent an emerging segment driven by innovation and an expanding application base, including packaging and electronics. The demand for eco-friendly adhesives that meet stringent regulatory requirements is also propelling growth in this segment, making it an attractive area for future investments and research.

By End Use Industry: Automotive (Largest) vs. Electronics (Fastest-Growing)

In the UV curable resins market, the automotive industry leads the way, commanding the largest share due to its extensive utilization of advanced coating technologies. This segment leverages UV curing for its ability to provide coatings that are both durable and aesthetically appealing, making it a crucial sector for resin manufacturers. Conversely, the electronics industry is emerging rapidly, driven by the increasing demand for efficient manufacturing processes and high-performance coatings for electronic components. This sector's growing investment in technology advancements is positioning it as a key player in the market.

Automotive (Dominant) vs. Electronics (Emerging)

The automotive sector continues to dominate the UV curable resins market, facilitated by its need for advanced finishing solutions that enhance both performance and sustainability. With stringent regulations on emissions and a shift toward eco-friendly products, automotive manufacturers are increasingly adopting UV curable resins for applications such as coatings, adhesives, and sealants. On the other hand, the electronics segment is classified as emerging, characterized by the rapid innovation of electronic devices and the growing need for efficient production methods. This industry's focus on lightweight and durable materials is driving demand for UV curable resins, creating significant opportunities for manufacturers to cater to evolving technological needs.

By Chemical Composition: Acrylic (Largest) vs. Epoxy (Fastest-Growing)

The UV curable resins market displays a dynamic landscape characterized by a diverse range of chemical compositions. Acrylic resins hold the largest market share, favored for their versatility and excellent adhesion properties, making them a preferred choice in various applications such as coatings and inks. In contrast, epoxy resins, known for their superior durability and heat resistance, represent the fastest-growing segment. Their increasing adoption in demanding applications points to a shifting preference among manufacturers seeking enhanced performance characteristics. Growth trends in the UV curable resins market are driven by rising consumer demands for eco-friendly and efficient solutions. Acrylic resins benefit from established applications and innovations in formulation, sustaining their dominance. Meanwhile, epoxy resins gain traction from industries such as automotive and electronics, where high-performance materials are essential. This rapid growth is supported by ongoing technological advancements, making epoxy resins an appealing option for manufacturers aiming to improve product longevity and performance.

Acrylic (Dominant) vs. Polyurethane (Emerging)

Acrylic resins are recognized for their dominance in the UV curable resins market due to their exceptional clarity, ease of formulation, and excellent UV stability. Their widespread use spans coatings, adhesives, and inks, thanks to their quick curing times and strong performance under various environmental conditions. In comparison, polyurethane resins are emerging as a noteworthy alternative, gaining attention for their flexibility and resilience. They are increasingly incorporated into specialty applications like automotive coatings and wood finishes, where their unique properties can significantly enhance product performance. As more manufacturers explore innovative formulations, the polyurethane segment is poised to capture a substantial share of the market, offering a promising avenue for growth.

By Curing Method: UV Light (Largest) vs. LED (Fastest-Growing)

In the UV curable resins market, the curing method segment showcases a diverse distribution of market shares among its key components, including UV Light, Electron Beam, Thermal, Hybrid, and LED methods. Currently, UV Light holds the largest share due to its widespread applicability and established technology, facilitating rapid curing processes across various applications, especially in coatings and inks. Meanwhile, Electron Beam and Thermal curing methodologies hold smaller proportions, contributing to niche applications, while Hybrid methods exhibit a balanced approach by combining techniques to meet specific requirements.

Curing Method: UV Light (Dominant) vs. LED (Emerging)

The UV Light curing method is recognized as the dominant technology in the UV curable resins market, praised for its efficiency and versatility. This method enables quick curing under UV lamps, resulting in accelerated production times and superior finish quality. Moreover, UV Light is extensively used in various industries, including automotive and graphic arts, due to its robust performance. On the other hand, LED curing is emerging rapidly as a growth driver, fueled by advancements in LED technology and the demand for energy-efficient solutions. Offering lower energy consumption and minimal heat generation, LED provides a sustainable alternative for applications requiring precision and low-temperature curing, thereby gaining traction in markets driven by environmental factors.

By Formulation Type: One Component (Largest) vs. Two Component (Fastest-Growing)

In the UV curable resins market, the formulation type segment showcases varying distribution among its key players. One Component, with its simplicity and ease of use, stands as the largest segment, appealing to a wide range of applications. On the other hand, Two Component systems are witnessing significant growth, driven by their superior performance in demanding applications. This shift indicates an evolving market landscape where performance and application versatility take precedence over simplicity. Current growth trends in the UV curable resins market are largely influenced by increasing demand for advanced formulations that offer better performance and environmental compliance. Two Component formulations are particularly gaining momentum due to their enhanced adhesion and durability in various applications. The move towards sustainability is also driving interest in Waterborne systems, which are viewed as a safer alternative, leading to a more dynamic and competitive market for formulation types.

One Component (Dominant) vs. Waterborne (Emerging)

One Component formulations dominate the UV curable resins market due to their straightforward application method and versatility across various industries. Their robust performance in different environments has made them preferable for manufacturers looking for reliability and ease of use. In contrast, Waterborne systems are emerging as a relevant player in the sector, providing eco-friendly solutions that meet increasing regulatory standards. These formulations utilize water as a solvent, making them less hazardous and appealing to businesses focused on sustainability. As consumer awareness of environmental issues grows, Waterborne formulations are expected to capture a larger market share, offering an attractive alternative that aligns with modern environmental values while ensuring performance.

Get more detailed insights about UV curable resins Market

Regional Insights

North America : Market Leader in UV Resins

North America is poised to maintain its leadership in the UV curable resins market, holding a significant market share of 2.12 in 2024. The growth is driven by increasing demand in various applications, including coatings, adhesives, and inks. Regulatory support for sustainable materials and innovations in UV technology further catalyze market expansion. The region's focus on eco-friendly solutions aligns with global trends, enhancing its competitive edge. The competitive landscape in North America is robust, featuring key players such as Henkel, BASF, and Ferro Corporation. These companies are investing heavily in R&D to develop advanced UV curable resins that meet stringent environmental regulations. The U.S. and Canada are the leading countries, with a strong manufacturing base and a growing emphasis on sustainable practices. This dynamic environment fosters innovation and positions North America as a hub for UV resin advancements.

Europe : Emerging Market with Regulations

Europe's UV curable resins market is on the rise, with a market size of 1.2 in 2024. The growth is fueled by stringent environmental regulations and a shift towards sustainable materials. The European Union's commitment to reducing VOC emissions has led to increased adoption of UV curable resins in various sectors, including automotive and construction. This regulatory landscape is a key driver for innovation and market expansion in the region. Leading countries in Europe include Germany, France, and the Netherlands, where major players like DSM and Allnex are actively involved. The competitive landscape is characterized by a mix of established companies and innovative startups focusing on eco-friendly solutions. The presence of strong regulatory frameworks encourages investment in R&D, ensuring that Europe remains a significant player in The UV curable resins.

Asia-Pacific : Rapid Growth and Innovation

The Asia-Pacific region is witnessing rapid growth in the UV curable resins market, with a market size of 0.8 in 2024. This growth is primarily driven by increasing industrialization, urbanization, and rising demand for high-performance coatings and adhesives. Countries like China and Japan are leading the charge, supported by favorable government policies that encourage the use of advanced materials. The region's focus on innovation and sustainability is further propelling market expansion. China stands out as a key player in the Asia-Pacific market, with significant investments in manufacturing capabilities and R&D. Major companies like Nippon Paint and Hitachi Chemical are at the forefront, developing cutting-edge UV curable resins. The competitive landscape is evolving, with both local and international players vying for market share, making Asia-Pacific a dynamic hub for UV resin innovations.

Middle East and Africa : Emerging Market Potential

The Middle East and Africa (MEA) region is gradually emerging in the UV curable resins market, with a market size of 0.12 in 2024. The growth is driven by increasing industrial activities and a rising demand for advanced materials in construction and automotive sectors. However, the market is still in its nascent stages, with significant potential for expansion as local industries evolve and adopt new technologies. Regulatory support for sustainable practices is also beginning to take shape, which could further stimulate growth. Countries like South Africa and the UAE are leading the way in the MEA region, with a growing number of local manufacturers entering the UV resin market. The competitive landscape is characterized by a mix of established players and new entrants, focusing on innovation and sustainability. As the region continues to develop, opportunities for investment and collaboration in the UV curable resins market are expected to increase, paving the way for future growth.

UV curable resins Market Regional Image

Key Players and Competitive Insights

The UV curable resins market is currently characterized by a dynamic competitive landscape, driven by increasing demand for sustainable and efficient coating solutions across various industries. Key players such as Henkel (DE), BASF (DE), and Allnex (BE) are actively shaping the market through strategic initiatives focused on innovation and sustainability. Henkel (DE) has positioned itself as a leader in the market by emphasizing eco-friendly formulations and expanding its product portfolio to meet diverse customer needs. Meanwhile, BASF (DE) is leveraging its extensive research capabilities to develop advanced UV curable resins that enhance performance while minimizing environmental impact. Allnex (BE) is also making strides by investing in digital transformation and enhancing its supply chain efficiency, which collectively influences the competitive environment by fostering a culture of innovation and responsiveness to market demands.In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with several players vying for market share while also collaborating on joint ventures and partnerships. This collective influence of key players is likely to drive further consolidation and innovation within the sector, as companies seek to enhance their competitive edge.In November 2025, Henkel (DE) announced the launch of a new line of UV curable resins specifically designed for the automotive industry, which is expected to significantly improve durability and reduce curing times. This strategic move not only reinforces Henkel's commitment to innovation but also positions the company to capture a larger share of the automotive coatings market, which is increasingly leaning towards high-performance, sustainable solutions.In October 2025, BASF (DE) unveiled a partnership with a leading technology firm to integrate AI-driven analytics into its production processes for UV curable resins. This initiative aims to enhance operational efficiency and product quality, indicating a shift towards more technologically advanced manufacturing practices. Such collaborations may provide BASF with a competitive advantage by streamlining operations and reducing costs.In September 2025, Allnex (BE) expanded its production capacity in Asia to meet the growing demand for UV curable resins in the region. This expansion reflects Allnex's strategic focus on regional growth and its commitment to serving local markets more effectively. By increasing its footprint in Asia, Allnex is likely to enhance its market presence and responsiveness to customer needs in this rapidly evolving landscape.As of December 2025, current competitive trends in the UV curable resins market are heavily influenced by digitalization, sustainability, and the integration of advanced technologies such as AI. Strategic alliances are becoming increasingly important, as companies recognize the value of collaboration in driving innovation and enhancing supply chain reliability. The competitive differentiation is expected to evolve from traditional price-based competition towards a focus on technological advancements and sustainable practices, suggesting that companies that prioritize innovation and adaptability will likely emerge as leaders in the market.

Key Companies in the UV curable resins Market include

Industry Developments

In January 2024, BASF SE announced expansion of its UV curable resins Market production facility located in Germany to cater for the additional capacity needed for green coating and adhesive products. The company emphasized that the expansion would also improve the efficiency of the supply chain by lowering VOC emissions as well as C02 emissions.

In December 2023, Allnex unveiled the next-generation portfolio of UV curable resins Market aimed at high-performance industrial coating applications. These new resins are tougher, cure quicker and resist chemicals more, thus addressing the growing need for eco-friendly and efficient coating pieces.

In November 2023, Arkema released a new range of bio-based UV curable resins Market under their Sartomer brand. These renewably sourced materials have lower carbon emissions and are suitable for diverse 3D printing, electronics, and packaging uses. This fits Arkema’s strategy for sustainability in specialty chemicals.

In September 2023, DSM launched a new line of sustainable UV curable resins Market for wood coating. These products boast improved scratch resistance, faster drying times, and reduced use of harmful solvents. DSM pointed out that the launch of the product is part of their larger drive to support environmentally sustainable coating technologies.

In August 2023, the Taiwanese branch of Eternal Materials Co., Ltd. was inaugurated which will produce UV curable resins Market to serve the increasing demand from Asia Pacific region. The company remarked that this expansion will help them to supply resources for printing inks, coatings, and adhesives resins in a quality and timely manner.

In June 2023, IGM Resins developed a new formulation of UV curable resin with improved properties for 3D printing. This new formulation is very advantageous because it allows for high precision printing and better mechanical performance for prototypes as well as functional parts in countless industries.

Future Outlook

UV curable resins Market Future Outlook

The UV curable resins market is projected to grow at a 3.17% CAGR from 2024 to 2035, driven by advancements in technology and increasing demand for sustainable solutions.

New opportunities lie in:

  • Development of bio-based UV curable resins for eco-friendly applications.
  • Expansion into emerging markets with tailored product offerings.
  • Investment in R&D for high-performance UV curing systems.

By 2035, the UV curable resins market is expected to achieve robust growth and innovation.

Market Segmentation

UV curable resins Market Application Outlook

  • Coatings
  • Inks
  • Adhesives
  • Composites
  • Sealants

UV curable resins Market Curing Method Outlook

  • UV Light
  • Electron Beam
  • Thermal
  • Hybrid
  • LED

UV curable resins Market End Use Industry Outlook

  • Automotive
  • Electronics
  • Construction
  • Packaging
  • Consumer Goods

UV curable resins Market Formulation Type Outlook

  • One Component
  • Two Component
  • Multi Component
  • Waterborne
  • Solventborne

UV curable resins Market Chemical Composition Outlook

  • Acrylic
  • Epoxy
  • Polyurethane
  • Silicone
  • Polyester

Report Scope

MARKET SIZE 20244.24(USD Million)
MARKET SIZE 20254.38(USD Million)
MARKET SIZE 20355.98(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)3.17% (2025 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Million
Key Companies ProfiledHenkel (DE), BASF (DE), DSM (NL), Allnex (BE), SABIC (SA), Nippon Paint (JP), Arkema (FR), Ferro Corporation (US), Hitachi Chemical (JP)
Segments CoveredApplication, End Use Industry, Chemical Composition, Curing Method, Formulation Type
Key Market OpportunitiesGrowing demand for sustainable coatings drives innovation in the UV curable resins Market.
Key Market DynamicsTechnological advancements and regulatory changes drive innovation and competition in the UV curable resins market.
Countries CoveredNorth America, Europe, APAC, South America, MEA

Market Highlights

Author
Priya Nagrale
Senior Research Analyst

With an experience of over five years in market research industry (Chemicals & Materials domain), I gather and analyze market data from diverse sources to produce results, which are then presented back to a client. Also, provide recommendations based on the findings. As a Senior Research Analyst, I perform quality checks (QC) for market estimations, QC for reports, and handle queries and work extensively on client customizations. Also, handle the responsibilities of client proposals, report planning, report finalization, and execution

Leave a Comment

FAQs

How much is the UV curable resins Market?

USD 4,046.89Mn in 2022

What is the growth rate of the UV curable resins Market?

9.45%

Which region held the largest market share in the UV curable resins Market?

Asia-Pacific

Who are the key players in the UV curable resins Market?

BASF SE, Arkema, Allnex GmbH, Resonac Corporation, DIC Corporation, iGM Resins, Troy Corporation, Covestro

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions