Photo Initiator Market by Product (Radical Type and Cationic Type) and Application (Printing and Packaging, Paints and Coating, Adhesives, Electronic Devices, and Others): Global Opportunity Analysis and Industry Forecast, 2019-2026
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May 2020 |
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Photo Initiator Market Outlook - 2026
Photo initiator absorbs UV light and converts this light energy into chemical energy, which is in the form of reactive intermediates. It is broadly classified into two types namely free radical and cationic. The photo initiator market is rapidly experiencing growth in the adhesives, printing and packaging, paints and coating, electronic devices, industrial applications, and others. The adhesive film used for coating is relatively thick that gives rapid cure owing to elimination of oxygen. Thus, photo initiator is used for adhesives. UV cured coating on wood, plastic, and paper are widely used due to its long lasting nature, shiny, and smooth finish. Increase in demand for photo initiator market is owing to its features such as higher yield, better abrasion, and stain resistance.
Factor that drive the growth of the photo initiator market include advanced properties such as better finishing quality and high efficiency. It is also eco-friendly, which is an added advantage. However, the use of the comparatively expensive new cationic systems restrict the growth of the market. Photo initiator contains low toxic materials that prevent its usage in oral care. Usage of photo initiator in manufacturing of automobiles and food packing are few opportunities for the market growth in upcoming years.
The photo initiator market is segmented based on product, application, and region. Based on the product, it is divided into radical type and cationic type. Based on application, the market is classified into printing and packaging, paints and coating, adhesives, electronic devices, and others. Based on region, the photo initiator market is analyzed across North America, Europe and Asia-Pacific.
Some of the main major players operating in the photo initiator market are Polynaisse, IGM Resins, BASF SE, Lambson, Hongtai, Arkema, Tianjin Jiuri New Material Co., Ltd., NEWSUN and PPG Industries, Inc., and Akzo Nobel N.V. Development and growth in the construction business and electronics sector in Asia-Pacific are expected to boost the end use demand for this market in future. Market in North America is expected to grow in the upcoming years.
KEY BENEFITS FOR STAKEHOLDERS:
- The photo initiator market size has been analyzed across all regions.
- Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the industry for strategy building.
- The report outlines the current market trends and future scenario of the market size from 2018 to 2026 to understand the prevailing opportunities and potential investment pockets.
- Major countries in the region have been mapped according to their individual revenue contribution to the regional market.
- The key drivers, restraints, and market opportunities and their detailed impact analysis are elucidated in the study.
- The market analysis covers in-depth information of the major photo initiator industry participants.
Market Segments:
By Product
- Radical Type
- Cationic Type
By Application:
- Printing ink and packaging
- Paints and coatings
- Adhesives
- Electronic devices
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Chapter 1 OVERVIEW
1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models
Chapter 2 EXECUTIVE SUMMARY
2.1. CXO PERSPECTIVE
Chapter 3 MARKET OVERVIEW
3.1. MARKET DEFINITION AND SCOPE
3.2. PARENT/PEER MARKET OVERVIEW
3.3. KEY FORCES SHAPING PHOTO INITIATOR MARKET
3.3.1. Bargaining Power of Suppliers
3.3.2. Threat of New Entrants
3.3.3. Threat of Substitute
3.3.4. Competitive Rivalry
3.3.5. Bargaining Power among consumers
3.4. PRICING ANALYSIS
3.5. MARKET EVOLUTION/INDUSTRY ROADMAP
3.6. IMPACT OF GOVERNMENT REGULATIONS ON THE MARKET
3.7. INDUSTRY PAIN POINT ANALYSIS
3.8. VALUE CHAIN ANALYSIS
3.9. RACE ANALYSIS
3.10. PATENT ANALYSIS
3.11. MARKET DYNAMICS
3.11.1. Drivers
3.11.2. Restraints
3.11.3. Opportunities
Chapter 4 PHOTO INITIATOR MARKET, BY PRODUCT
4.1. OVERVIEW
4.1.1. Market size and forecast
4.2. Radical Type
4.2.1. Key market trends, growth factors and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country
4.3. Cationic Type
4.3.1. Key market trends, growth factors and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country
Chapter 5 PHOTO INITIATOR MARKET, BY APPLICATION
5.1. OVERVIEW
5.1.1. Market size and forecast
5.2. Printing ink and packaging
5.2.1. Key market trends, growth factors and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country
5.3. Paints and coatings
5.3.1. Key market trends, growth factors and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country
5.4. Adhesives
5.4.1. Key market trends, growth factors and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country
5.5. Electronic devices
5.5.1. Key market trends, growth factors and opportunities
5.5.2. Market size and forecast, by region
5.5.3. Market analysis, by country
5.6. Others
5.6.1. Key market trends, growth factors and opportunities
5.6.2. Market size and forecast, by region
5.6.3. Market analysis, by country
CHAPTER 6 PHOTO INITIATOR MARKET, BY REGION
6.1. OVERVIEW
6.2. North America
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast
6.2.2.1 U.S. market size and forecast
6.2.2.1.1 Market size and forecast, by Product
6.2.2.1.2 Market size and forecast, by Application
6.2.2.2 Canada market size and forecast
6.2.2.2.1 Market size and forecast, by Product
6.2.2.2.2 Market size and forecast, by Application
6.2.3 North America Photo Initiator market, by Product
6.2.4 North America Photo Initiator market, by Application
6.3 Europe
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast
6.3.2.1 UK market size and forecast
6.3.2.1.1 Market size and forecast, by Product
6.3.2.1.2 Market size and forecast, by Application
6.3.2.2 Germany market size and forecast
6.3.2.2.1 Market size and forecast, by Product
6.3.2.2.2 Market size and forecast, by Application
6.3.2.3 France market size and forecast
6.3.2.3.1 Market size and forecast, by Product
6.3.2.3.2 Market size and forecast, by Application
6.3.2.4 Rest of Europe market size and forecast
6.3.2.4.1 Market size and forecast, by Product
6.3.2.4.2 Market size and forecast, by Application
6.3.3 Europe Photo Initiator market, by Product
6.3.4 Europe Photo Initiator market, by Application
6.4 Asia-Pacific
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast
6.4.2.1 China market size and forecast
6.4.2.1.1 Market size and forecast, by Product
6.4.2.1.2 Market size and forecast, by Application
6.4.2.2 India market size and forecast
6.4.2.2.1 Market size and forecast, by Product
6.4.2.2.2 Market size and forecast, by Application
6.4.2.3 Japan market size and forecast
6.4.2.3.1 Market size and forecast, by Product
6.4.2.3.2 Market size and forecast, by Application
6.4.2.4 Rest of Asia-Pacific market size and forecast
6.4.2.4.1 Market size and forecast, by Product
6.4.2.4.2 Market size and forecast, by Application
6.4.3 Asia-Pacific Photo Initiators Market, by Product
6.4.4 Asia-Pacific Photo Initiators Market, by Application
6.5. LAMEA
6.5.1. Key market trends, growth factors and opportunities
6.5.2. Market size and forecast
6.5.2.1 Brazil market size and forecast
6.5.2.1.1 Market size and forecast, by Product
6.5.2.1.2 Market size and forecast, by Application
6.5.2.2 South Africa market size and forecast
6.5.2.2.1 Market size and forecast, by Product
6.5.2.2.2 Market size and forecast, by Application
6.5.2.3 Saudi Arabia market size and forecast
6.5.2.3.1 Market size and forecast, by Product
6.5.2.3.2 Market size and forecast, by Application
6.5.2.4 Rest of LAMEA market size and forecast
6.5.2.4.1 Market size and forecast, by Product
6.5.2.4.2 Market size and forecast, by Application
6.5.3 LAMEA Photo Initiator Market, by Product
6.5.4 LAMEA Photo Initiator Market, by Application
CHAPTER 7 COMPETITIVE LANDSCAPE
7.1 INTRODUCTION
7.2 TOP WINNING STRATEGIES
7.2.1 Top winning strategies, by year
7.2.2 Top winning strategies, by development
7.2.3 Top winning strategies, by company
7.3 PRODUCT MAPPING OF TOP 10 PLAYER
7.4 COMPETITIVE DASHBOARD
7.5 COMPETITIVE HEATMAP
7.6 KEY DEVELOPMENTS
7.6.1 New Product Launches
7.6.2 Expansion
7.6.3 Merger and Acquisition
CHAPTER 8 COMPANY PROFILES
8.1 Polynaisse
8.1.1 Operating business segments
8.1.2 Business performance
8.1.3 Product Overview
8.1.4 Key strategic moves and developments
8.2 IGM Resins
8.2.1 Operating business segments
8.2.2 Business performance
8.2.3 Product Overview
8.2.4 Key strategic moves and developments
8.3 BASF SE
8.3.1 Operating business segments
8.3.2 Business performance
8.3.3 Product Overview
8.3.4 Key strategic moves and developments
8.4 Lambson
8.4.1 Operating business segments
8.4.2 Business performance
8.4.3 Product Overview
8.4.4 Key strategic moves and developments
8.5 Hongtai
8.5.1 Operating business segments
8.5.2 Business performance
8.5.3 Product Overview
8.5.4 Key strategic moves and developments
8.6 Arkema
8.6.1 Operating business segments
8.6.2 Business performance
8.6.3 Product Overview
8.6.4 Key strategic moves and developments
8.7 Tianjin Jiuri New Material Co., Ltd.
8.7.1 Operating business segments
8.7.2 Business performance
8.7.3 Product Overview
8.7.4 Key strategic moves and developments
8.8 NEWSUN
8.8.1 Operating business segments
8.8.2 Business performance
8.8.3 Product Overview
8.8.4 Key strategic moves and developments
8.9 PPG Industries, Inc.
8.9.1 Operating business segments
8.9.2 Business performance
8.9.3 Product Overview
8.9.4 Key strategic moves and developments
8.10 Akzo Nobel N.V.
8.10.1 Operating business segments
8.10.2 Business performance
8.10.3 Product Overview
8.10.4 Key strategic moves and developments
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