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Photoinitiator Market Report : Trends, Forecast and Competitive Analysis 1.

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Presentation on theme: "Photoinitiator Market Report : Trends, Forecast and Competitive Analysis 1."— Presentation transcript:

1 Photoinitiator Market Report 2018-2023: Trends, Forecast and Competitive Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by End Use Application Paints, inks and adhesives Market Segments by Product Type Free radical type, and cationic type Market Segments by End Use Construction, transportation, graphic arts, electronics, and others Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name IGM Resins, Tianjin Jiuri New Materials Co. Ltd, Changzhou Tronly New Electronic Materials Co. Ltd., Lambson Limited, RAHN AG and others Trend Growth Rate and CAGR8.5% Key Industry Forecast The global photoinitiators market is expected to reach an estimated $1,294.4 million by 2023 and it is forecast to grow at a CAGR of 8.5% from 2018 to 2023. Key Industry Driver Driver: Increasing demand for photoinitiators in packaging, automotive and electronic industries as they improve overall productivity by reducing cure time and generating low VOC emissions. 2

3 Industry Overview Market Size The global photoinitiators market is expected to reach an estimated $1,294.4 million by 2023 and it is forecast to grow at a CAGR of 8.5% from 2018 to 2023. Emerging trends, which have a direct impact on the dynamics of the photoinitiators industry, include improved performance of UV curing coatings in the electronic assembly and advancement in light cure adhesives technology. Market Size (2023)$1,294.4 million CAGR (2018-23)8.5% 3 Industry Performance : Forecast


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