Adhesion Promoter Market is to be $5.21 Billion By 2024: Grand View Research, Inc.

The global Adhesion Promoter Market is expected to reach USD 5.21 billion by 2024, according to a new report by Grand View Research, Inc. Increasing demand for silane and silicone products to enable efficient transportation with greater fuel savings is likely to foster industry growth. 

The increasing industrialization in emerging economies such as Brazil, China, India and Mexico coupled with a growing automotive sector has prompted high demand for sustainable paints and coatings. Silane promoters, in particular contribute to extended material lifetime and boost resource usage especially in automotive paints. 

Rising consumer disposable income in these economies is also expected to contribute to high passenger car sales which in turn is crucial to industry growth. Growing environmental and regulatory pressure to reduce resource wastage and carbon emissions from the transportation sector is also likely to promote product demand. 

High demand for silane products such chlorosilanes and other alkoxysilanes on account of greenhouse gas (GHG) abatement effects is likely to foster silane growth. Silanes thus emerged as the largest product with around 34% market share in 2015. Maleic anhydride emerged as the fastest growing product with highest CAGR of 7.3% from 2016 to 2024. These additives provide durability and enhanced binding capabilities to composites, specifically providing strength & stability in the automotive & construction sector.  

Browse Full Research Report on Adhesion Promoter Market:
http://www.grandviewresearch.com/industry-analysis/adhesion-promoter-market

Further key findings from the report suggest:

• Global adhesion promoter market size was708.1 kilotons in 2015 and is expected to reach 1,181.5 kilo tons by 2024, growing at a CAGR of 6.0% from 2016 to 2024
• Plastics & composites were the leading application segment and accounted for 32.9% of total market volume in 2015.Development of innovative polymer resin materials and high performance plastic composites is likely to lead to their usage in automotive, aerospace and marine transportation owing to their light weight and high strength.
• Technological advancements are expected to spur product demand in ‘green tires’ leading to growth in rubbers segment. China generated the highest demand for promoters in rubber segment accounting for over 17% of its consumption in 2015.
• North America and Europe present relatively mature markets with a combined share of around 39% in 2015. Highly developed countries such as the U.S., Canada, Germany, the UK, France and Italy witnessed high product penetration, presenting few opportunities to market participants over the forecast period.
• Adhesion promoters market is mainly dominated by multinational players such as BASF, Arkema, The 3M Company, Eastman Chemical Company, DuPont, Ashland, Momentive Performance Materials Inc., Dow Corning Corporation, Altana AG, Evonik Industries among several other independent players.

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the adhesion promoter market on the basis of product, application and region:

Global Adhesion Promoter Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Silane
• Maleic anhydride
• Chlorinated polyolefins
• Titanate & zirconate
• Others

Global Adhesion Promoter Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• Plastics &composites
• Paints &coatings
• Rubber
• Adhesives
• Metals
• Others

Global Adhesion Promoter Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2014 - 2024)

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East and Africa

Access Press Release of This Report: http://www.grandviewresearch.com/press-release/global-adhesion-promoter-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Adhesives and Sealants Market is Anticipated to Reach USD 43,195.5 Million by 2020

The global Adhesives And Sealants Market is expected to reach USD 43,195.5 million by 2020, according to a new study by Grand View Research, Inc. Growth of construction, automotive and packaging industries, mainly in China, India and Brazil is expected to drive the demand for both adhesives and sealants over the forecast period. However, fluctuation in prices of key feedstocks is expected to remain a primary challenge for industry participants. In addition, stringent regulatory framework, mainly in the U.S. and Europe, owing to growing environmental concerns is expected to hinder the market growth over the next six years. In order to overcome the aforementioned challenges, the industry has been shifting its focus towards developing renewable alternatives to petroleum based adhesives and sealants. Renewable adhesives and sealants are produced using vegetable oils and are environmental friendly in nature. 

Water based adhesives dominated the global market, accounting for over 46% of total market volume in 2013. Water based adhesives have low environmental impact with no VOC emissions, a key factor for their high market penetration. Water based adhesives are expected to completely replace solvent based adhesives in the U.S. and European markets over the next decade. Water based adhesives are also expected to be the fastest growing technology, at an estimated CAGR of 5.4% from 2014 to 2020. The global market for hot melt adhesives is expected to reach 2,379.9 kilo tons by 2020, growing at an estimated CAGR of 5.1% from 2014 to 2020.   

Browse Full Research Report on Adhesives And Sealants Market
http://www.grandviewresearch.com/industry-analysis/adhesives-and-sealants-market

Further key findings from the study suggest:

• The global market for adhesives was 8.976.6 kilo tons in 2013 and is expected to reach 12,392.2 kilo tons by 2020, growing at a CAGR of 4.7% from 2014 to 2020. On the other hand, the global market for sealants was 1,764.5 kilo tons in 2013 and is expected to reach 2,371.5 kilo tons by 2020, growing at a CAGR of 4.3% from 2014 to 2020.
• Acrylic adhesives emerged as the leading product segment in the overall market for adhesives and accounted for 36.9% of total market volume in 2013. Acrylic adhesives are also expected to be the fastest growing adhesive product at an estimated CAGR of 5.3% from 2014 to 2020. Acrylic adhesives were followed by Polyvinyl Acetate (PVA) adhesives which accounted for 28.1% of total market volume in 2013. Silicones emerged as the leading product in the overall sealants market and accounted for 30.3% of total market volume in 2013. Along with being the largest product segment, silicones are also expected to be the fastest growing, at an estimated CAGR of 4.9% from 2014 to 2020.
• Pressure sensitive applications emerged as the largest segment and accounted for 29.1% of total market volume in 2013. However, furniture is expected to be the fastest growing market for adhesives at an estimated CAGR of 5.9% from 2014 to 2020. Growing disposable income level in China, Brazil and India is expected to drive the demand over the forecast period. Construction remained the largest application segment for sealants and accounted for 27.3% in 2013. Automotive followed construction and accounted for 19.2% of total sealants market volume in 2013.
• Asia Pacific dominated both, adhesives and sealants demand and accounted for 42.6% and 39.2% of total market in 2013, respectively. Europe followed Asia Pacific in the overall market and accounted for over 28% of total market volume in 2013. Asia Pacific is also expected to be the fastest growing regional market for adhesives and sealants, at an estimated CAGR of 5.9% and 5.3% from 2014 to 2020, respectively.
• The global market for adhesives and sealants is dominated by multinational corporations, present across the value chain. The global market is fairly concentrated with top four companies including Henkel, 3M, HB Fuller and Dow Chemical Company, which accounted for nearly 48% of total market in 2013. Some other key companies operating in the global market include Avery Dennison, BASF, Eastman Chemical Company, Bostik SA, Ashland Inc. and Ellsworth Adhesives.

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

For the purpose of this study, Grand View Research has segmented the global adhesives and sealants market on the basis of technology, product, application and region:

Global Adhesives Technology Outlook
        • Water-Based
        • Solvent-Based
        • Hot Melt
        • Reactive & Other
 Global Adhesives Product Outlook 
        • Acrylic
        • PVA
        • Polyurethane
        • Styrenic Block
        • Epoxy
        • EVA
        • Others
  Global Adhesives Application Outlook 
        • Pressure Sensitive Applications
        • Packaging
        • Construction
        • Furniture
        • Footwear
        • Automotive
        • Others
  Adhesives Regional Outlook,
        • North America
        • Europe
        • Asia Pacific
        • Latin America
        • Middle East & Africa
• Global Sealants Product Outlook
        • Silicones
        • Polyurethane
        • Acrylic
        • PVA
        • Others
Global Sealants Application Outlook 
        • Construction
        • Automotive
        • Packaging
        • Assembly
        • Pressure Sensitive Tapes
        • Consumer
        • Others
  Sealants Regional Outlook,
        • North America
        • Europe
        • Asia Pacific
        • Latin America
        • Middle East & Africa

Access Press Release of this Report:  http://www.grandviewresearch.com/press-release/global-adhesives-and-sealants-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Advanced Ceramics Market Is Likely To Surpass $134.58 Billion By 2024: Grand View Research, Inc.

The global Advanced Ceramics Market is expected to reach USD 134.58 billion by 2024, according to a new report by Grand View Research, Inc. Rising product demand in numerous end-use industries on account of their longer life span, cost effectiveness as opposed to their conventional counterparts is expected to have a positive impact on the market over the next eight years.

Rising automobile demand among consumers on account of changing lifestyle and increasing disposable income is expected to fuel product need over the forecast period. In addition, the product has been substituting metals and plastics in high performance applications in the automotive sector which will propel industry growth over the projected period.

Advanced ceramics have been gaining high acceptance among consumers over the past few years due to rising awareness regarding their benefits such as high tensile strength, biodegradability and durability. Rising environmental concerns are expected to further fuel product demand over the next eight years.

Browse Full Research Report on Advanced Ceramics Market: http://www.grandviewresearch.com/industry-analysis/advanced-ceramics-market

Further key findings from the report suggest:

• Global advanced ceramics market value was USD 56.70 billion in 2015 and is projected to reach USD 134.58 billion by 2024, growing at a CAGR of 10.2% from 2016 to 2024
• Titanate ceramics are expected to be the fastest growing material segment at a CAGR over 11.5% from 2015 to 2024 in terms of revenue on account of their increasing use as capacitors. Rising need for energy storage globally is expected to boost product demand
• Monolithic ceramic market was estimated at over USD 45 billion in 2015. The product is employed in various lining and insulation applications as they can withstand extremely high temperatures, and are resistant to abrasion as well as thermal shock. These factors are expected to positively impact industry growth over the forecast period.
• Bioceramics application segment was valued at over USD 2 billion in 2015. It is expected to be the fastest growing segment on account of its increasing use in hip and joint replacements
• Medical sector was estimated at over 6 billion in 2015. Rising demand from this industry for various applications such as tissue & bone replacements, and dental implants is expected to propel product demand over the next eight years.
• North America was the second largest market and is expected to grow at a CAGR over 9.5% from 2016 to 2024 in terms of revenue. Strict environmental regulations have led to increased product use as it aids in pollution control. In addition, stringent emission standards in Europe and North America are expected to provide growth opportunities for ceramic filters over the next eight years.
• In November 2015, Oerlikon signed an agreement to acquire the advanced ceramics business of Laser Cladding Services, LLC. In July 2015, Morgan Advanced Materials invested in the semiconductor market. to optimize its manufacturing capabilities

Read Our Blog: http://www.grandviewresearch.com/blogs/advanced-materials

Grand View Research has segmented the global advanced ceramics market on the basis of product, material, application and region:

Advanced Ceramics Material Outlook (Revenue, USD Million, 2013 - 2024)

• Alumina ceramics
• Titanate ceramics
• Zirconate ceramics
• Ferrite ceramics
• Others

Advanced Ceramics Product Outlook (Revenue, USD Million, 2013 - 2024)

• Monolithic ceramics
• Ceramic coatings
• Ceramic matrix composites

Advanced Ceramics Application Outlook (Revenue, USD Million, 2013 - 2024)

• Electrical equipment
• Catalyst supports
• Electronic devices
• wear parts
• Engine parts
• Filters
• Bioceramics
• Others

Advanced Ceramics End-use Outlook (Revenue, USD Million, 2013 - 2024)

• Electrical & electronics
• Automotive
• Machinery
• Environmental
• Medical
• Others

Advanced Ceramics Regional Outlook (Revenue, USD Million, 2013 - 2024)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
• Latin America
  • Brazil
• MEA
  • Saudi Arabia

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-advanced-ceramics-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Advanced Composite Market is Predicted to Beat $33.44 Billion By 2024: Grand View Research, Inc.

The Global advanced composite market is expected to reach USD 33.44 billion by 2024, according to a new report by Grand View Research, Inc. Growing market penetration of the product in the automotive and marine application is expected to drive growth over the forecast period. Rising need for sustainable renewable energy source coupled with low capital cost as compared to the majority of conventional sources is have a positive impact on wind turbine market, which in turn is likely to propel growth over the forecast period. The utilization of lightweight materials to reduce the resistance of turbines to wind and increase the production rate of electricity is expected to increase the penetration of advanced composites in the wind turbine industry over the next eight years.

Advanced carbon fibers are expected to gain share owing to the declining prices owing to various process improvements. Increasing investment in the defense subsector is likely to have a positive impact on the demand for aramid fibers. The gradual recovery of the defense industry in North America is expected to be a contributing factor for growth. Furthermore, technologies including fluid handling for manufacturing advanced composites is expected to reduce cycle time, improve yield and reduce wastage & cleaning time which in turn will increase the rate of production and market growth.

Browse Full Research Report On Advanced Composite Market: http://www.grandviewresearch.com/industry-analysis/advanced-composites-market

Further key findings from the report suggest:

• Carbon advanced composites are expected to be the fastest growing product segment over the forecast period, growing at over 9% from 2016 to 2024. The growing application scope of the product in the manufacturing of wind energy turbines and aerospace components are expected to be the two major aspects driving the demand.
• Aerospace & defense application accounted for over 65% of the overall industry in 2015. Growing air passenger traffic and the resultant surge in the manufacturing of airplanes in North America and Europe is expected to drive the growth over the forecast period. The increasing penetration of the product in the industry is expected to be the contributing factor for rising demand.
• Wind turbine industry is expected to grow at a CAGR of over 6% from 2016 to 2024. The increasing utilization of glass and carbon products coupled with rapid wind turbine industry growth is expected to bolster industry growth over the forecast period. Growing need for an alternative source of energy is expected to be the contributing factor for advanced composites industry growth.
• Growing application of aramid composites in the defense sector is expected to be a breakthrough for the industry market growth. The high performance efficiency delivered by the products owing to the diversified characteristics including low density, lightweight, and high strength is likely to drive the product demand in the sector over the next eight years. Furthermore, rising global political instability expected to increase the investment in the defense sector which in turn is likely to aid market growth.
• North America accounted for over 35% of the overall revenue share in 2015. The presence of the leading aerospace manufacturer, The Boeing Company is expected to be a key aspect for industry growth over the forecast period. High consumer per capita income and willingness to spend on luxury vehicles is expected to aid the growth of advanced composites in the automotive industry of the region.
• Key players in the industry include Toray Industries, Inc., Teijin Limited, Hexcel Corporation and Cytec Solvay Group. Acquisition of Zoltek Companies, Inc. by Toray Industries, Inc. is expected to give an edge in the highly competitive industry. Teijin has announced the acquisition of Continental Structural Plastics Holdings Corporation to expands its composites business.

Read Our Blog: http://www.grandviewresearch.com/blogs/advanced-materials

Grand View Research has segmented the advanced composite market on the basis of product, application and region:

Product Outlook (Volume, Kilo Tons; Revenue USD Million, 2013 - 2024)

• Aramid
• Carbon
• Glass

Application Outlook (Volume, Kilo Tons; Revenue USD Million, 2013 - 2024)

• Aramid
  • Aerospace & Defense
  • Automotive
  • Construction
  • Marine
  • Others
• Carbon
  • Aerospace & Defense
  • Automotive
  • Construction
  • Marine
  • Pipes & Tanks
  • Sporting Goods
  • Wind Energy
  • Others
• Glass
  • Aerospace & Defense
  • Automotive
  • Construction
  • Marine
  • Pipes & Tanks
  • Sporting Goods
  • Wind Energy
  • Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • India
  • Japan
• Central & South America
  • Brazil
• Middle East & Africa

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-advanced-composites-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Lecithin Market Is Anticipated To Beat $1.49 Billion By 2025 with CAGR: 6.2%: Grand View Research, Inc.

The global lecithin market is expected to reach USD 1.49 billion by 2025, according to a new report by Grand View Research, Inc. The growing awareness about natural emulsifiers and its rising demand in the manufacturing of food products is expected to drive the market growth.

The emulsification and lubricant properties exhibited by lecithin coupled with eco-friendly nature have increased its importance. The product has numerous applications in the pharmaceutical, food & beverage, animal feed, paints, and industrial sectors. The growing demand for the product in chocolate & confectionery, margarine & spreads, bakery products, and beverages is anticipated to propel the market growth.

The demand in Europe is increasing rapidly owing to the presence of a large number of sunflower lecithin manufacturing facilities in the region. The market in Asia Pacific is anticipated to grow rapidly on account of growing number of oilseed crushing facilities coupled with the prospects of exporting lecithin to Europe. The availability of non-GMO soybean in the region is expected to have a positive impact on the market growth.

Browse Full Research Report on Lecithin Market http://www.grandviewresearch.com/industry-analysis/lecithin-market

Further key findings from the report suggest:

• Sunflower lecithin is the fastest growing product segment and expected to register a CAGR of 7.6% from 2017 to 2025 owing to decrease in soybean lecithin demand
• Bakery application segment is projected to grow at a CAGR of 6.6% from 2017 to 2025 on account of the growing demand for sugar-free bakery products
• Industrial application segment is projected to grow at a CAGR of 6.0% from 2017 to 2025 owing to the growing demand for products derived from natural sources
• North America accounted for 28.5% of the global market share in 2016 owing to the presence of a large number of soybean fields in the U.S. and Canada
• The market value of lecithin in the Central & South America region is expected to grow to USD 0.16 billion in 2025 backed by the growing consumption in Brazil and Argentina
• The market is highly fragmented in nature with the presence of a large number of small and large manufacturers
• Manufacturers have focused their research efforts on extracting lecithin from sources such as rice and maize to keep up with the growing demand

Read Our Blog: http://www.grandviewresearch.com/blogs/food-and-beverages

Grand View Research has segmented the global lecithin market on the basis of source, application, and region:

Source Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Soy
• Sunflower
• Rapeseed
• Others

Application Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• Convenience Foods
• Bakery
• Confectionary
• Pharmaceuticals & Personal Care
• Animal Feed
• Industrial
• Others

Regional Outlook (Volume, Kilo Tons; Revenue, USD Million; 2014 - 2025)

• North America
  • US.
  • Canada
• Europe
  • Germany
  • France
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-lecithin-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

Plating on Plastics Market Is Going To Reach $777.27 Million By 2025: Grand View Research, Inc.

The global plating on plastics market is expected to reach USD 777.27 million by 2025, according to a new report by Grand View Research, Inc. Rising applications in automotive and electronics industry has been a major factor driving the market growth. POP involves plating a metal such as chrome, nickel and others onto a polymer substrate. It is done in order to deliver functional and decorative benefits to the resin. 

Plating ability has an inverse relation with the chemical resistance of the polymer substrate, which means higher the chemical resistance, the more difficult it is to plate. Thus, manufacturers prefer ABS for plating. ABS was estimated as the largest plastic category in 2016 and is expected to grow substantially over the forecast period. Other popular plastic types include ABS/PC, PBT, PEEK and others. 

Applications in electronics are expected to register the fastest growth over the next eight years with an estimated CAGR of around 8.1% from 2017 to 2025. Added benefits of metal to the plastic substrate enhance the overall strength, aesthetic appearance and corrosion resistance of the product. The finished product is light weight and is ideal to be used in automotive, electronics and other end use industries. Increasing environmental concerns and need for cheaper light weight vehicles is posing higher demand for POP market. The application areas of POP are also expanding in utilities, medical devices and consumer goods owing to their wide benefits.

Browse Full Research Report on POP Market: http://www.grandviewresearch.com/industry-analysis/plating-on-plastics-pop-market

Further key findings from the report suggest:

• The global POP demand reached USD 411.6 million in 2016 and is expected to grow at a CAGR of 7.3% from 2016 to 2025. ABS emerged as the largest plastic segment in 2016 and is estimated to generate revenue over USD 580 million by 2025
• Global demand in automotive segment was USD 311.4 million in 2016 and is anticipated to witness substantial growth over the next eight years. The U.S. market in automotive segment was estimated at USD 48.7 million in 2016 and is projected to reach a total revenue of over USD 86 million by 2025
• The industry in Asia Pacific is projected to witness substantial growth over the next decade owing to various developments across major economies, especially in the processed automotive & electronics segment. This region is expected to grow at a CAGR of 8.2% from 2017 to 2025
• Key players including Atotech, Cybershield, Dow Chemical and Sharrets Plating Inc. dominated the global plating on plastics market

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the global POP market on the basis of plating type, plastic type, application and region

Plating Type Outlook (Revenue, USD Million, 2014 - 2025)

• Chrome
• Nickel
• Others

Plastic Type Outlook (Revenue, USD Million, 2014 - 2025)

• ABS
• ABS/PC
• PEI
• PBT
• LCP
• PEEK
• PP
• Nylon/Polyamide

Application Outlook (Revenue, USD Million, 2014 - 2025)

• Automotive
• Building & Construction
• Utilities
• Electronics
• Others

Regional Outlook (Revenue, USD Million, 2014 - 2025)

• North America
  • US.
• Europe
  • UK
  • Germany
• Asia Pacific
  • China
  • India
• Central & South America
  • Brazil
• Middle East & Africa
  • Saudi Arabia 

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-plating-on-plastics-pop-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com

UV Curable Inks Market is Estimated To Generate $5.13 Billion By 2024: Grand View Research, Inc.

The global UV Curable Inks Market is expected to reach USD 5.13 billion by 2024, according to a new report by Grand View Research, Inc. Ultraviolet curable inks are increasingly substituting various solvent-based inks in automotive, packaging and publishing applications owing to low environmental impact and high performance efficiency.

Technological innovations related to the use of UV LED systems to enable curing of inks are expected to enhance quality, which in turn is expected to propel demand over the forecast period. Additionally, efficient air-cooling techniques have also lowered the amount of technological infrastructure and equipment required to support the curing process, thus saving energy and improving cost efficiency.

Growing demand for inks in printing application is expected to be the key driver for UV curable ink market over the forecast period. Furthermore, faster drying times coupled with high saturation properties of the product enables use over rigid surfaces, thus promoting application in printing. However, the high cost of the product as compared to its counterparts is likely to restrain market growth over the next eight years.

Browse Full Research Report on UV Curable Inks Market: http://www.grandviewresearch.com/industry-analysis/uv-curable-inks-market

Further key findings from the report suggest:

• Free radical UV curable inks accounted for over 90% of the revenue share in 2015.High flexibility coupled with increased depth of cure and low cost are expected to drive demand over the next eight years. However, the growth is limited by the emergence of cationic technology providing improved adhesion properties as compared to free radical inks.
• Publication application of ultraviolet curable inks accounted for the largest revenue share in 2015, and this trend is expected to continue over the forecast period owing to rising need for environment-friendly ink in this sector. However, growing electronic content replacing publication printing is likely to limit growth over the forecast period.
• Packaging industry application in the market is expected to witness the fastest growth, at a CAGR of over 12% from 2016 to 2024. Growing demand for low migration UV cured inks in food& beverage as well as other consumer goods packaging is likely to augment growth over the projected period. Furthermore, stringent regulations restricting the use solvent based inks in packaging application owing to its VOC content is expected to promote demand for UV curable inks.
• Asia Pacific accounted for the largest revenue share, of over 50% in 2015. The region is also expected to witness the highest growth, owing to rising demand for publication and packaging. Furthermore, rising demand for medical device manufacturing technology is expected to augment growth over the forecast period.
• Key players in the industry include Hewlett & Packard Company, RUCO Druckfarben,Toyo Ink SC Holdings Co., Ltd., T&K Toka Corporation, NUtec Ink, Marabu Co., Mimaki Global, Superior Printing Inks, Armstrong World Industries Inc., Heraeus Noblelight, Bordeaux Digital Printink, Roland DGA, Changzhou Dobest International Trading Co. Ltd.

Read Our Blog: http://www.grandviewresearch.com/blogs/bulk-chemicals

Grand View Research has segmented the UV curable inks market on the basis of product, application and region:

UV Curable Inks Market Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Free Radical
• Cationic

UV Curable Inks Market Application Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• Automotive
• Medical
• Publications
• Packaging
• Others

UV Curable Inks Market Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2013 - 2024)

• North America
  • US.
• Europe
  • Germany
  • UK
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East & Africa

Access Press Release of this Report: http://www.grandviewresearch.com/press-release/global-uv-ultraviolet-curable-inks-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information: www.grandviewresearch.com