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.
According to this study, over the next five years the Photoinitiator market will register a 5.7% CAGR in terms of revenue, the global market size will reach US$ 1090 million by 2024, from US$ 780 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Photoinitiator business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Photoinitiator market by product type, application, key manufacturers and key regions and countries.
This study considers the Photoinitiator value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Free-radical Type Photoinitiator
Cationic Type Photoinitiator
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Paints
Inks
Adhesives
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Photoinitiator consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Photoinitiator market by identifying its various subsegments.
Focuses on the key global Photoinitiator manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Photoinitiator with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Photoinitiator submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Photoinitiator . Industry analysis & Market Report on Photoinitiator is a syndicated market report, published as Global Photoinitiator Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Photoinitiator market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.