Global Photoinitiator Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

Description

List of Tables

The global demand for Photoinitiator Market is presumed to reach the market size of nearly USD 13.56 MN by 2030 from USD 5.75 MN in 2022 with a CAGR of 11.32% under the study period of 2023 - 2030. Regarding volume, the market was calculated XX M lbs in 2022 and forecast to touch XX M lbs by 2030 with a CAGR of XX% during 2023 - 2030.

A photoinitiator is a substance that performs a photoreaction when exposed to light, resulting in reactive species. It can initiate or catalyze chemical processes that significantly affect the solubility and physical properties of compatible formulations. As a result, a photoinitiator is a substance that can convert light's physical energy into chemical energy in the form of reactive intermediates. Type I and type II photoinitiators are the two types of photoinitiators. After light absorption, Type I photoinitiators undergo unimolecular bond cleavage, resulting in reactive species. These photoinitiators do not require the presence of any other species to function. A bimolecular reaction occurs in Type II photoinitiators. The photoinitiator becomes excited after absorbing light, allowing it to react with another molecule (co-initiator or synergist) to produce the reactive species. Photoinitiators are typically employed in applications requiring high purity, UV transparency, and minimum evaporation residue.

Market Dynamics:

The photoinitiators market is being driven by variables such as ease of use, formulation, and speed. Other factors expected to drive demand for photoinitiators include ease of storage and improved stability. In the near future, the photoinitiators market is likely to benefit from the increased use of photoinitiators in end-use industries. The adhesives, coatings, and paint industries are rising due to technological improvements, automation, and increased demand for bespoke goods. The need for photoinitiators is likely to rise as a result of this. New applications for 3D printing are emerging, like the utilization of newly developed photoinitiators and monomers/oligomers in 3D bioprinting. Photoinitiators can be utilized in various industries, including dentistry, packaging, food, and others, driving the market growth. Some of the downsides of CQ elements employed in photoinitiators include toxicity, low polymerization efficiency, and compromise in the aesthetics of dental composite restoration. This could be a significant market restraint.

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of photoinitiator. The growth and trends of Photoinitiator Industry provide a holistic approach to this study.

Market Segmentation:

This section of the photoinitiator market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Application

Paints
Inks
Adhesives

By Product Type

Free Radical Type
Cationic Type

Regional Analysis:

This section covers the regional outlook, which accentuates current and future demand for the Photoinitiator market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the photoinitiator market include Changzhou Tronly New Electronic Materials Co. Ltd., IGM Resins, Lambson Limited, RAHN AG and Tianjin Jiuri New Materials Co. Ltd. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11217043

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . PHOTOINITIATOR - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 By Application
- 3.7.2 By Product Type
- 3.7.3 By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK

6 . GLOBAL PHOTOINITIATOR MARKET ANALYSIS BY APPLICATION

6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Paints Market by Regions
6.6 Inks Market by Regions
6.5 Adhesives Market by Regions

7 . GLOBAL PHOTOINITIATOR MARKET ANALYSIS BY PRODUCT TYPE

7.1 Overview by Product Type
7.2 Historical and Forecast Data
7.3 Analysis by Product Type
7.4 Free Radical Type Market by Regions
7.5 Cationic Type Market by Regions

8 . GLOBAL PHOTOINITIATOR MARKET ANALYSIS BY GEOGRAPHY

8.1. Regional Outlook
8.2. Introduction
8.3. North America
- 8.3.1. Overview, Historic and Forecast Data
- 8.3.2. North America By Segment
- 8.3.3. North America By Country
- 8.3.4. United State
- 8.3.5. Canada
- 8.3.6. Mexico
8.4. Europe
- 8.4.1. Overview, Historic and Forecast Data
- 8.4.2. Europe by Segment
- 8.4.3. Europe by Country
- 8.4.4. United Kingdom
- 8.4.5. France
- 8.4.6. Germany
- 8.4.7. Italy
- 8.4.8. Russia
- 8.4.9. Rest Of Europe
8.5. Asia Pacific
- 8.5.1. Overview, Historic and Forecast Data
- 8.5.2. Asia Pacific by Segment
- 8.5.3. Asia Pacific by Country
- 8.5.4. China
- 8.5.5. India
- 8.5.6. Japan
- 8.5.7. South Korea
- 8.5.8. Australia
- 8.5.9. Rest Of Asia Pacific
8.6. Latin America
- 8.6.1. Overview, Historic and Forecast Data
- 8.6.2. Latin America by Segment
- 8.6.3. Latin America by Country
- 8.6.4. Brazil
- 8.6.5. Argentina
- 8.6.6. Peru
- 8.6.7. Chile
- 8.6.8. Rest of Latin America
8.7. Middle East & Africa
- 8.7.1. Overview, Historic and Forecast Data
- 8.7.2. Middle East & Africa by Segment
- 8.7.3. Middle East & Africa by Country
- 8.7.4. Saudi Arabia
- 8.7.5. UAE
- 8.7.6. Israel
- 8.7.7. South Africa
- 8.7.8. Rest Of Middle East And Africa

9 . COMPETITIVE LANDSCAPE OF THE PHOTOINITIATOR COMPANIES

9.1. Photoinitiator Market Competition
9.2. Partnership/Collaboration/Agreement
9.3. Merger And Acquisitions
9.4. New Product Launch
9.5. Other Developments

10 . COMPANY PROFILES OF PHOTOINITIATOR INDUSTRY

10.1. Company Share Analysis
10.2. Market Concentration Rate
10.3. Changzhou Tronly New Electronic Materials Co. Ltd.
- 10.3.1. Company Overview
- 10.3.2. Financials
- 10.3.3. Products
- 10.3.4. Recent Developments
10.4. IGM Resins
- 10.4.1. Company Overview
- 10.4.2. Financials
- 10.4.3. Products
- 10.4.4. Recent Developments
10.5. Lambson Limited
- 10.5.1. Company Overview
- 10.5.2. Financials
- 10.5.3. Products
- 10.5.4. Recent Developments
10.6. RAHN AG
- 10.6.1. Company Overview
- 10.6.2. Financials
- 10.6.3. Products
- 10.6.4. Recent Developments
10.7. Tianjin Jiuri New Materials Co. Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financials
- 10.7.3. Products
- 10.7.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies