Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- This study focuses on the production side and consumption side of Photoinitiator, presents the global Photoinitiator market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.In terms of production side, this report researches the Photoinitiator capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Photoinitiator by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.Photoinitiator, known as a photosensitizer or the photocuring agent, it is a type of compound which is capable of absorbing energy of certain wavelengths in the ultraviolet region (250 ~ 420nm) or in the visible region (400 ~ 800nm) to generate free radicals, cations, giving rise to a crosslinking and polymerization of the monomer. Photoinitiator is a key component of light-curing materials, which plays a decisive role to the light curing speed.
Photoinitiators has two types, which include free-radical type photoinitiator and cationic type photoinitiator. And each type has application industries relatively. With crossing and curing effects of photoinitiators, the downstream application industries will need more photoinitiators products. So, photoinitiators has a huge market potential in the future. Manufacturers engaged in the industry are trying to produce high purity and good performance photoinitiators through improving technology.
The major raw materials for photoinitiators are benzil, benzoylbenzoate, chlorobenzaldehyde, ammonium acetate, sulfonium hydrochloride, 3,4-dimethoxy benzaldehyde, and other auxiliary chemicals. Fluctuations in the price of the upstream product will impact on the production cost of photoinitiators. The production cost of photoinitiators is also an important factor which could impact the price of photoinitiators. The photoinitiators manufacturers are trying to reduce production cost by developing production method
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents decreasing trend according to the economy development status and international competition. Also, there is fluctuation in gross margin.
The Photoinitiator market was valued at 780 Million US$ in 2017 and is projected to reach 1210 Million US$ by 2025, at a CAGR of 5.6% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Photoinitiator.
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This report includes the following manufacturers; we can also add the other companies as you want.
Tianjin Jiuri New Materials
Zhejiang Yangfan New Materials
Market Segment by Product Type
Free-radical Type Photoinitiator
Cationic Type Photoinitiator
Market Segment by Application
Key Regions split in this report:
Central & South America
Middle East & Africa
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