Resins play a key role in the formulation of inks, and rising prices are challenging the market.
David Savastano, Editor05.11.18
Resins are critical to printing inks, providing key characteristics required by brand owners, and are a sizable market.
In its report, “UV Curable Resins & Formulated Products Market by Composition (Oligomers, Monomers, Photoinitiators, Additives), Chemistry (Non-Acrylates & Oligoamines, Acrylates), Application, Technology, and Region - Global Forecast to 2023,” MarketsandMarkets estimates the global UV curable resins and formulated products market to be $4 billion in 2018. This market is projected to reach $6.31 billion by 2023, at a CAGR of 9.5% from 2018 to 2023. Epoxy acrylates and polyester acrylates are some of the most commonly used UV oligomers.
In its report, “Nitrocellulose Market Size, Share & Trends Analysis Report by Application (Printing Inks, Automotive Paints, Wood Coatings, Leather Finishes, Nail Varnishes), By Region, And Segment Forecasts, 2014 – 2024,” Grand View Research estimated the nitrocellulose market at $6
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