Global Photoinitiators Market- Industry Analysis and Forecast (2020-2027)- By Product Type, Applications, and Region.

UV cured coating and adhesive industrial growth is expected to act as supporting market for growth in the photoinitiators market in the coming years. The global photoinitiators market was valued US$ 1.19 Bn and is expected to reach US$ X.4 Bn by 2027, at a CAGR of 9.2% during a forecast period.   Global Photoinitiators Market To know about the Research Methodology :- Request Free Sample Report

global photoinitiators market Definition:

A photoinitiator is a compound which mainly takes part in the production of responsive species like cations, free radicals, or anions when come in contact with visible or UV radiation. These photoinitiators are adept of catalyzing chemical reactions which in turn brings substantial variations in the physical and solubility properties of appropriate preparations. Photoinitiators are largely required for formulation that necessitate great UV light, purity, and small filtrate on evaporation.

global photoinitiators market Drivers and Restraints:

High productivity and improved finishing quality are the factors expected to drive the market growth. Furthermore, ease of formulation and easy process with speed management is another factor to fuel the market demand by the numerous growing sectors. Attractive properties such as brilliant stability during storage and good efficiency at the time of application is attracting the vendor to show their interest in the market in terms of production and distribution. Growing trend in adoption of ecological product emerging as recent driving factor of the targeted market in developed and developing economies. Practice of photoinitiator in engineering of food packing and automotive considered to generate numerous employment opportunities in the coming years. The qualities mentioned above are the main factors attracting the vendors in the market, expected to drive the global photoinitiators market during the forecast years. On the other hand, properties like attractive appearance, protection against various environmental factors, corrosion protection, and chemical resistance with product are some important factors recorded as growing factor for painting and coating, packaging market. Moreover, fluctuation in raw material price and side effect of camphor quinone that is one of the crucial components of the photo inhibitor are expected to hamper the market. Furthermore, both petroleum and nonpetroleum based raw material are showing drastic disbalance in the market in terms of cost, which is expected to create a price burden on the vendors is expected to pull the market growth in the coming years.

global photoinitiators market Segment analysis:

By the application segment, the paints and coatings sector is expected to dominate the photoinitiators market currently and in the future. Paints and coatings is the largest outlet for photoinitiator, documented around three-quarters of the worldwide volume in 2019 and over one-half of the dollars. Construction, furniture, wood flooring, packaging and other is the leading coating outlet in dollars and volume. Europe consuming about 40% of the volume. In terms of painting and coating anionic and cationic radicals are extensively accepted by electronics, automobile inventors and manufacturers that allows to coat the parts of their end products; it allows easy assembling, and use of high performance specifications over a wide range of firmness contributing to this segment’s growth.

global photoinitiators market Regional Analysis:

Regionally, Asia Pacific is expected to dominate the photoinitiators market and is expected to grow at a CAGR of XX % during the forecast period. Developing regions like India, China, and Japan are considered the major contributors for the photoinitiators market growth in the Asia Pacific region. In 2019 market size was valued US$ XX Bn while in India, market size was valued US$ XX Bn and expected to increase by US$ XX Bn in the coming years. The objective of the report is to present a comprehensive analysis of the Global Photoinitiators Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Photoinitiators Market dynamics, structure by analysing the market segments and project the Global Photoinitiators Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Photoinitiators Market make the report investor’s guide.

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Global Photoinitiators Market, By Product Type

• Radical Type • Cationic Type

Global Photoinitiators Market, By Applications

• Printing ink and packaging • Paints and coatings • Adhesives • Electronic devices • Others

Global Photoinitiators Market, By Region

• North America • Europe • Asia Pacific • Latin America • Middle East & Africa

Key Players Operating the Photoinitiators Market,

• Jingjiang Hongtai Chemical Engineering Co., Ltd • Zhejiang Yangfan New Materials Co., Ltd • Hubei Gurun Technology Co., Ltd • Tianjin Jiuri New Materials • Jinkangtai Chemical • Eutec Chemical Co., Ltd • Hubei Gurun • NewSun • Polynaisse • Kurogane Kasei • IGM Resins • BASF SE • Lambson • Arkema • DBC • Tronly • Arkema
Global Photoinitiators Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Photoinitiators Market Size, by Market Value (US$ Bn) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Photoinitiators Market Analysis and Forecast 6.1. Photoinitiators Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Photoinitiators Market Analysis and Forecast, By Product Type 7.1. Introduction and Definition 7.2. Key Findings 7.3. Photoinitiators Market Value Share Analysis, By Product Type 7.4. Photoinitiators Market Size (US$ Bn) Forecast, By Product Type 7.5. Photoinitiators Market Analysis, By Product Type 7.6. Photoinitiators Market Attractiveness Analysis, By Product Type 8. Global Photoinitiators Market Analysis and Forecast, By Application 8.1. Introduction and Definition 8.2. Key Findings 8.3. Photoinitiators Market Value Share Analysis, By Application 8.4. Photoinitiators Market Size (US$ Bn) Forecast, By Application 8.5. Photoinitiators Market Analysis, By Application 8.6. Photoinitiators Market Attractiveness Analysis, By Application 9. Global Photoinitiators Market Analysis, by Region 9.1. Photoinitiators Market Value Share Analysis, by Region 9.2. Photoinitiators Market Size (US$ Bn) Forecast, by Region 9.3. Photoinitiators Market Attractiveness Analysis, by Region 10. North America Photoinitiators Market Analysis 10.1. Key Findings 10.2. North America Photoinitiators Market Overview 10.3. North America Photoinitiators Market Value Share Analysis, By Product Type 10.4. North America Photoinitiators Market Forecast, By Product Type 10.4.1. Radical Type 10.4.2. Cationic Type 10.5. North America Photoinitiators Market Value Share Analysis, By Application 10.6. North America Photoinitiators Market Forecast, By Application 10.6.1. Printing ink and packaging 10.6.2. Paints and coatings 10.6.3. Adhesives 10.6.4. Electronic devices 10.6.5. Others 10.7. North America Photoinitiators Market Value Share Analysis, by Country 10.8. North America Photoinitiators Market Forecast, by Country 10.8.1. U.S. 10.8.2. Canada 10.9. North America Photoinitiators Market Analysis, by Country 10.10. U.S. Photoinitiators Market Forecast, By Product Type 10.10.1. Radical Type 10.10.2. Cationic Type 10.11. U.S. Photoinitiators Market Forecast, By Application 10.11.1. Printing ink and packaging 10.11.2. Paints and coatings 10.11.3. Adhesives 10.11.4. Electronic devices 10.11.5. Others 10.12. Canada Photoinitiators Market Forecast, By Product Type 10.12.1. Radical Type 10.12.2. Cationic Type 10.13. Canada Photoinitiators Market Forecast, By Application 10.13.1. Printing ink and packaging 10.13.2. Paints and coatings 10.13.3. Adhesives 10.13.4. Electronic devices 10.13.5. Others 10.14. North America Photoinitiators Market Attractiveness Analysis 10.14.1. By Product Type 10.14.2. By Application 10.15. PEST Analysis 10.16. Key Trends 10.17. Key Developments 11. Europe Photoinitiators Market Analysis 11.1. Key Findings 11.2. Europe Photoinitiators Market Overview 11.3. Europe Photoinitiators Market Value Share Analysis, By Product Type 11.4. Europe Photoinitiators Market Forecast, By Product Type 11.4.1. Radical Type 11.4.2. Cationic Type 11.5. Europe Photoinitiators Market Value Share Analysis, By Application 11.6. Europe Photoinitiators Market Forecast, By Application 11.6.1. Printing ink and packaging 11.6.2. Paints and coatings 11.6.3. Adhesives 11.6.4. Electronic devices 11.6.5. Others 11.7. Europe Photoinitiators Market Value Share Analysis, by Country 11.8. Europe Photoinitiators Market Forecast, by Country 11.8.1. Germany 11.8.2. U.K. 11.8.3. France 11.8.4. Italy 11.8.5. Spain 11.8.6. Norway 11.8.7. Russia 11.8.8. Rest of Europe 11.9. Europe Photoinitiators Market Analysis, by Country 11.10. Germany Photoinitiators Market Forecast, By Product Type 11.10.1. Radical Type 11.10.2. Cationic Type 11.11. Germany Photoinitiators Market Forecast, By Application 11.11.1. Printing ink and packaging 11.11.2. Paints and coatings 11.11.3. Adhesives 11.11.4. Electronic devices 11.11.5. Others 11.12. U.K. Photoinitiators Market Forecast, By Product Type 11.12.1. Radical Type 11.12.2. Cationic Type 11.13. U.K. Photoinitiators Market Forecast, By Application 11.13.1. Printing ink and packaging 11.13.2. Paints and coatings 11.13.3. Adhesives 11.13.4. Electronic devices 11.13.5. Others 11.14. France Photoinitiators Market Forecast, By Product Type 11.14.1. Radical Type 11.14.2. Cationic Type 11.15. France Photoinitiators Market Forecast, By Application 11.15.1. Printing ink and packaging 11.15.2. Paints and coatings 11.15.3. Adhesives 11.15.4. Electronic devices 11.15.5. Others 11.16. Italy Photoinitiators Market Forecast, By Product Type 11.16.1. Radical Type 11.16.2. Cationic Type 11.17. Italy Photoinitiators Market Forecast, By Application 11.17.1. Printing ink and packaging 11.17.2. Paints and coatings 11.17.3. Adhesives 11.17.4. Electronic devices 11.17.5. Others 11.18. Spain Photoinitiators Market Forecast, By Product Type 11.18.1. Radical Type 11.18.2. Cationic Type 11.19. Spain Photoinitiators Market Forecast, By Application 11.19.1. Printing ink and packaging 11.19.2. Paints and coatings 11.19.3. Adhesives 11.19.4. Electronic devices 11.19.5. Others 11.20. Norway Photoinitiators Market Forecast, By Product Type 11.20.1. Radical Type 11.20.2. Cationic Type 11.21. Norway Photoinitiators Market Forecast, By Application 11.21.1. Printing ink and packaging 11.21.2. Paints and coatings 11.21.3. Adhesives 11.21.4. Electronic devices 11.21.5. Others 11.22. Russia Photoinitiators Market Forecast, By Product Type 11.22.1. Radical Type 11.22.2. Cationic Type 11.23. Russia Photoinitiators Market Forecast, By Application 11.23.1. Printing ink and packaging 11.23.2. Paints and coatings 11.23.3. Adhesives 11.23.4. Electronic devices 11.23.5. Others 11.24. Rest of Europe Photoinitiators Market Forecast, By Product Type 11.24.1. Radical Type 11.24.2. Cationic Type 11.25. Rest of Europe Photoinitiators Market Forecast, By Application 11.25.1. Printing ink and packaging 11.25.2. Paints and coatings 11.25.3. Adhesives 11.25.4. Electronic devices 11.25.5. Others 11.26. Europe Photoinitiators Market Attractiveness Analysis 11.26.1. By Product Type 11.26.2. By Application 11.27. PEST Analysis 11.28. Key Trends 11.29. Key Developments 12. Asia Pacific Photoinitiators Market Analysis 12.1. Key Findings 12.2. Asia Pacific Photoinitiators Market Overview 12.3. Asia Pacific Photoinitiators Market Value Share Analysis, By Product Type 12.4. Asia Pacific Photoinitiators Market Forecast, By Product Type 12.4.1. Radical Type 12.4.2. Cationic Type 12.5. Asia Pacific Photoinitiators Market Value Share Analysis, By Application 12.6. Asia Pacific Photoinitiators Market Forecast, By Application 12.6.1. Printing ink and packaging 12.6.2. Paints and coatings 12.6.3. Adhesives 12.6.4. Electronic devices 12.6.5. Others 12.7. Asia Pacific Photoinitiators Market Value Share Analysis, by Country 12.8. Asia Pacific Photoinitiators Market Forecast, by Country 12.8.1. China 12.8.2. India 12.8.3. Japan 12.8.4. South Korea 12.8.5. Australia 12.8.6. Malaysia 12.8.7. Indonesia 12.8.8. Rest of Asia Pacific 12.9. Asia Pacific Photoinitiators Market Analysis, by Country 12.10. China Photoinitiators Market Forecast, By Product Type 12.10.1. Radical Type 12.10.2. Cationic Type 12.11. China Photoinitiators Market Forecast, By Application 12.11.1. Printing ink and packaging 12.11.2. Paints and coatings 12.11.3. Adhesives 12.11.4. Electronic devices 12.11.5. Others 12.12. India Photoinitiators Market Forecast, By Product Type 12.12.1. Radical Type 12.12.2. Cationic Type 12.13. India Photoinitiators Market Forecast, By Application 12.13.1. Printing ink and packaging 12.13.2. Paints and coatings 12.13.3. Adhesives 12.13.4. Electronic devices 12.13.5. Others 12.14. Japan Photoinitiators Market Forecast, By Product Type 12.14.1. Radical Type 12.14.2. Cationic Type 12.15. Japan Photoinitiators Market Forecast, By Application 12.15.1. Printing ink and packaging 12.15.2. Paints and coatings 12.15.3. Adhesives 12.15.4. Electronic devices 12.15.5. Others 12.16. South Korea Photoinitiators Market Forecast, By Product Type 12.16.1. Radical Type 12.16.2. Cationic Type 12.17. South Korea Photoinitiators Market Forecast, By Application 12.17.1. Printing ink and packaging 12.17.2. Paints and coatings 12.17.3. Adhesives 12.17.4. Electronic devices 12.17.5. Others 12.18. Australia Photoinitiators Market Forecast, By Product Type 12.18.1. Radical Type 12.18.2. Cationic Type 12.19. Australia Photoinitiators Market Forecast, By Application 12.19.1. Printing ink and packaging 12.19.2. Paints and coatings 12.19.3. Adhesives 12.19.4. Electronic devices 12.19.5. Others 12.20. Malaysia Photoinitiators Market Forecast, By Product Type 12.20.1. Radical Type 12.20.2. Cationic Type 12.21. Malaysia Photoinitiators Market Forecast, By Application 12.21.1. Printing ink and packaging 12.21.2. Paints and coatings 12.21.3. Adhesives 12.21.4. Electronic devices 12.21.5. Others 12.22. Indonesia Photoinitiators Market Forecast, By Product Type 12.22.1. Radical Type 12.22.2. Cationic Type 12.23. Indonesia Photoinitiators Market Forecast, By Application 12.23.1. Printing ink and packaging 12.23.2. Paints and coatings 12.23.3. Adhesives 12.23.4. Electronic devices 12.23.5. Others 12.24. Rest of Asia Pacific Photoinitiators Market Forecast, By Product Type 12.24.1. Radical Type 12.24.2. Cationic Type 12.25. Rest of Asia Pacific Photoinitiators Market Forecast, By Application 12.25.1. Printing ink and packaging 12.25.2. Paints and coatings 12.25.3. Adhesives 12.25.4. Electronic devices 12.25.5. Others 12.26. Asia Pacific Photoinitiators Market Attractiveness Analysis 12.26.1. By Product Type 12.26.2. By Application 12.27. PEST Analysis 12.28. Key Trends 12.29. Key Developments 13. Middle East & Africa Photoinitiators Market Analysis 13.1. Key Findings 13.2. Middle East & Africa Photoinitiators Market Overview 13.3. Middle East & Africa Photoinitiators Market Value Share Analysis, By Product Type 13.4. Middle East & Africa Photoinitiators Market Forecast, By Product Type 13.4.1. Radical Type 13.4.2. Cationic Type 13.5. Middle East & Africa Photoinitiators Market Value Share Analysis, By Application 13.6. Middle East & Africa Photoinitiators Market Forecast, By Application 13.6.1. Printing ink and packaging 13.6.2. Paints and coatings 13.6.3. Adhesives 13.6.4. Electronic devices 13.6.5. Others 13.7. Middle East & Africa Photoinitiators Market Value Share Analysis, by Country 13.8. Middle East & Africa Photoinitiators Market Forecast, by Country 13.8.1. GCC 13.8.2. South Africa 13.8.3. Rest of Middle East & Africa 13.9. Middle East & Africa Photoinitiators Market Analysis, by Country 13.10. GCC Photoinitiators Market Forecast, By Product Type 13.10.1. Radical Type 13.10.2. Cationic Type 13.11. GCC Photoinitiators Market Forecast, By Application 13.11.1. Printing ink and packaging 13.11.2. Paints and coatings 13.11.3. Adhesives 13.11.4. Electronic devices 13.11.5. Others 13.12. South Africa Photoinitiators Market Forecast, By Product Type 13.12.1. Radical Type 13.12.2. Cationic Type 13.13. South Africa Photoinitiators Market Forecast, By Application 13.13.1. Printing ink and packaging 13.13.2. Paints and coatings 13.13.3. Adhesives 13.13.4. Electronic devices 13.13.5. Others 13.14. Rest of Middle East & Africa Photoinitiators Market Forecast, By Product Type 13.14.1. Radical Type 13.14.2. Cationic Type 13.15. Rest of Middle East & Africa Photoinitiators Market Forecast, By Application 13.15.1. Printing ink and packaging 13.15.2. Paints and coatings 13.15.3. Adhesives 13.15.4. Electronic devices 13.15.5. Others 13.16. Middle East & Africa Photoinitiators Market Attractiveness Analysis 13.16.1. By Product Type 13.16.2. By Application 13.17. PEST Analysis 13.18. Key Trends 13.19. Key Developments 14. South America Photoinitiators Market Analysis 14.1. Key Findings 14.2. South America Photoinitiators Market Overview 14.3. South America Photoinitiators Market Value Share Analysis, By Product Type 14.4. South America Photoinitiators Market Forecast, By Product Type 14.4.1. Radical Type 14.4.2. Cationic Type 14.5. South America Photoinitiators Market Value Share Analysis, By Application 14.6. South America Photoinitiators Market Forecast, By Application 14.6.1. Printing ink and packaging 14.6.2. Paints and coatings 14.6.3. Adhesives 14.6.4. Electronic devices 14.6.5. Others 14.7. South America Photoinitiators Market Value Share Analysis, by Country 14.8. South America Photoinitiators Market Forecast, by Country 14.8.1. Brazil 14.8.2. Mexico 14.8.3. Argentina 14.8.4. Rest of South America 14.9. South America Photoinitiators Market Analysis, by Country 14.10. Brazil Photoinitiators Market Forecast, By Product Type 14.10.1. Radical Type 14.10.2. Cationic Type 14.11. Brazil Photoinitiators Market Forecast, By Application 14.11.1. Printing ink and packaging 14.11.2. Paints and coatings 14.11.3. Adhesives 14.11.4. Electronic devices 14.11.5. Others 14.12. Mexico Photoinitiators Market Forecast, By Product Type 14.12.1. Radical Type 14.12.2. Cationic Type 14.13. Mexico Photoinitiators Market Forecast, By Application 14.13.1. Printing ink and packaging 14.13.2. Paints and coatings 14.13.3. Adhesives 14.13.4. Electronic devices 14.13.5. Others 14.14. Argentina Photoinitiators Market Forecast, By Product Type 14.14.1. Radical Type 14.14.2. Cationic Type 14.15. Argentina Photoinitiators Market Forecast, By Application 14.15.1. Printing ink and packaging 14.15.2. Paints and coatings 14.15.3. Adhesives 14.15.4. Electronic devices 14.15.5. Others 14.16. Rest of South America Photoinitiators Market Forecast, By Product Type 14.16.1. Radical Type 14.16.2. Cationic Type 14.17. Rest of South America Photoinitiators Market Forecast, By Application 14.17.1. Printing ink and packaging 14.17.2. Paints and coatings 14.17.3. Adhesives 14.17.4. Electronic devices 14.17.5. Others 14.18. South America Photoinitiators Market Attractiveness Analysis 14.18.1. By Product Type 14.18.2. By Application 14.19. PEST Analysis 14.20. Key Trends 14.21. Key Developments 15. Company Profiles 15.1. Market Share Analysis, by Company 15.2. Competition Matrix 15.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 15.2.2. New Product Launches and Product Enhancements 15.2.3. Market Consolidation 15.2.3.1. M&A by Regions, Investment and Vehicles 15.2.3.2. M&A Key Players, Forward Integration and Backward Integration 15.3. Company Profiles: Key Players 15.3.1. Jingjiang Hongtai Chemical Engineering Co., Ltd 15.3.1.1. Company Overview 15.3.1.2. Financial Overview 15.3.1.3. Product Portfolio 15.3.1.4. Business Strategy 15.3.1.5. Recent Developments 15.3.1.6. Development Footprint 15.3.2. Zhejiang Yangfan New Materials Co., Ltd 15.3.3. Hubei Gurun Technology Co., Ltd 15.3.4. Tianjin Jiuri New Materials 15.3.5. Jinkangtai Chemical 15.3.6. Eutec Chemical Co., Ltd 15.3.7. Hubei Gurun 15.3.8. NewSun 15.3.9. Polynaisse 15.3.10. Kurogane Kasei 15.3.11. IGM Resins 15.3.12. BASF SE 15.3.13. Lambson 15.3.14. Arkema 15.3.15. DBC 15.3.16. Tronly 15.3.17. Arkema 16. Primary Key Insights

About This Report

Report ID72157
Category Material & Chemical
Published DateSeptember 2020
Updated Date
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