Curable Materials Market Research Report 2021 By Top Key Players, Types, Applications & Forecast – 2028
Curable Material Market – Overview
Curable also widely known as Curing Materials
are basically chemical additives used in the product engineering to induce
curing process (drying) for materials to get dry faster to toughen/harden offering
excellent protection or bonding. Commonly used in the curing of Rubber or
Polymers primarily for the protection coating and sealing of glass/ceramics,
metal, plastic, and electronics. Advancement of technology brought about a
phenomenal innovation offering UV (Ultraviolet) curable materials. Using high-intensity ultraviolet light, UV
Curing Materials bring about instant (fast) curing of adhesives, ink and
coating etc. Offering a range of
advantages these materials (UV) have proven to be far more effective to
increase production rate & range with improved quality and convenience saving
time, energy and environment.
Owing to its efficacy Curable Materials are enjoying
an augmented demand across industries getting rapidly commercialized. And its
market is garnering prominence all over the world.
Recognizing
the kind of accruals the market is gaining currently and the growth prospects
the market is demonstrating worldwide, Market Research Future has recently
published a study report giving out the complete market insight up to 2023.
This study report indicates that the global Curable Material Market
will grow enormously by 2023 registering a phenomenal CAGR of during 2017-2023.
Evidently,
the massive uptake of Curing Materials in some of the burgeoning industries
like automotive, sportswear, electronics, telecommunications, etc. propels
its market growth globally. Industrial and commercial coating applications also
contributing equally in the global market. Other growth drivers of the market
include growing urbanization, industrialization, and rising economy that allows
consumer affordability of buying, etc.
Sample link - https://www.marketresearchfuture.com/sample_request/4243
Conversely,
volatility in prices and supply of raw material is likely to present challenges
for the producers in the years to come. However, technological advancements
would offer comprehensive solutions to tackle these issues.
Curable Material
Market – Competitive Analysis
Characterized by the presence of several
well-established and small players, the global Market of Curable Material
appears to be highly competitive. Well established players incorporate
acquisition, collaboration, partnership, expansion, and technology launch in
order to gain competitive advantage in this market and to maintain their market
position. Some of the other
strategies adopted by vendors in the market include greater commercialization
of their products, promotion initiatives through trade exhibitions, increased
collaboration.
Industry/
Innovation/ Related News:
January
08, 2018 – Carbon, one of
the prominent digital 3D manufacturing company, announced a global,
multi-year partnership with Incase (a creator of design-driven
solutions) to transform the future of device protection with a revolutionary
approach for mobile device protection design, engineering, manufacturing &
deliverance.
Partnering with Carbon, Incase will utilize the
widest range of programmable properties in additive manufacturing to create
custom materials built for durability and impact-absorption. This allows Incase
and Carbon design teams to take an entirely different approach to innovating
protection by designing unique, complex structures built from the ground-up
using UV-curable polyurethane resin.
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https://www.marketresearchfuture.com/reports/curable-materials-market-4243
January
24, 2018 – BASF announced
the price hike for one of its products – UV Resins in the EMEA region. The
increase equates to 3-10 percent, depending on the product type. BASF said the
price adjustments are necessary due to continued increase in raw material, as
well as REACH registration costs. UV resins are used to manufacture UV-curable
coatings for wood, plastic substrates, metal, overprint varnishes and
UV-curable inks.
Worldwide Curable Material Market - Segment
The global Curable Material Market can be segmented in to 3 key dynamics for the
convenience of the report and enhanced understanding;
By Type : Comprising Curable
Rubber, Curable Polymers and others.
By Application : Coating, Adhesive Bonding, Sealants, General Electronics, Printing,
Industrial, Plastic Bonding, and others
By Regions : North America,
Europe, APAC and Rest of the World.
Worldwide Curable Material Market -Regional Analysis
The global Curable Materials market is dominated by
Asia Pacific region followed by Europe and North America. The region is
projected to retain its dominance over the forecast period. Increasing foreign
investment in the area of industrial manufacturing anticipated to drive Asia
Pacific market.
Europe is the second largest market for curable
material driven by key markets Germany, Italy, Spain, UK, and Netherlands.
Polymer industries in this region is growing significantly thereby driving
regional demand.
While, North America is relatively a smaller market
for curable material and has witnessed sluggish growth over the past few years.
Regulatory compliances on the production of plastic has restrained growth of
this region up to some extent.
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