Los Angeles, CA -- (SBWIRE) -- 03/26/2019 -- This study focuses on the production side and consumption side of Photoinitiators, presents the global Photoinitiators 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 Photoinitiators 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 Photoinitiators 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 industry has high technology barrier and is labor intensive industry. Currently, there are many producing companies in the world photoinitiators industry. The main market players are IGM Resins, Tianjin Jiuri New Materials, Lambson, Arkema and DBC. The sales of photoinitiators will increase to 54181 MT in 2016 from 40838 MT in 2011 with average growth rate of 7.32%.
In consumption market, the global consumption value of photoinitiators increases with the 1.46% average growth rate. Europe and China are the mainly consumption regions due to the bigger demand of downstream applications. In 2016, these two regions occupied 73% of the global consumption volume in total. United States, Germany, China and Japan are the main consumption countries, accounting for 49.95% of the global photoinitiators sales
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 Photoinitiators market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% 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 Photoinitiators.
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This report includes the following manufacturers; we can also add the other companies as you want.
IGM Resins
Tianjin Jiuri New Materials
BASF
Lambson
Arkema
DBC
NewSun
Eutec
Zhejiang Yangfan New Materials
Tronly
Hongtai Chemical
Jinkangtai Chemical
Polynaisse
Hubei Gurun
Kurogane Kasei
Market Segment by Product Type
Free-radical Type Photoinitiator
Cationic Type Photoinitiator
Market Segment by Application
Paints
Inks
Adhesives
Others
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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