Analysis and Opportunity Assessment in Global Photopolymer Resin Market Forecast 2018-2023

Photopolymer Resin

Global Photopolymer Resin Market Research Report 2018 presents an in-depth assessment of the Photopolymer Resin Market providing quantitative information about the market size, key market segments and manufacturer in terms of revenue, production and growth rate from 2018 to 2023. The Photopolymer Resin Market report also provides qualitative information about the technologies, key trends, market drivers, regulatory landscape, deployment models, opportunities, value chain and market strategies.

The Onerous Demand Of Global Photopolymer Resin Market report enables the buyer of the report to gain a telescopic view of the competitive landscape and plan the strategies accordingly. A separate section with Photopolymer Resin industry key players is included in the report, which provides a comprehensive analysis of price, cost, gross, revenue, product picture, specifications, company profile, and contact information.Development and Trend Research plays an Important role towards the innovation in any given industry which require to execute. Additionally, performing research and development offers a competitive advantage over the competitors owing to regular introduction of products and prototypes to attract consumers. This is expected to have a positive impact on the Photopolymer Resin market growth over the forecast period.

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The global photopolymer resin market is expected to witness a CAGR of more than 20% during the forecast period, majorly driven by increasing demand of photopolymers in the 3D printing applications. The increasing use of these resins in electronics industry is also likely to stimulate the market growth.

Increasing Demand for 3D Printing Application Driving the Market

Liquid photopolymers are widely used in the 3D printing industry. These polymers are used in printing technologies such as 3D jetted printing. Printing newspapers and boxes also use photopolymers. Epoxy-based systems and hybrids are now preferred to older acrylates in 3D printing because of their higher strength, higher temperature resistance, lower moisture absorption and lower shrinkage. Currently 98% of the hearing aids across the globe is manufactured with the help of 3D printing. Smartphones manufacturers are also using the 3D printing technology to manufacture the components of smartphones. With the growing use of 3D printing technology across various applications, the market for photopolymers is likely to grow during the forecast period.

3D Printing in Healthcare is Likely to Drive the Market

The 3D printing technology has recently gained traction in the medical and healthcare industry. This technology is used in various applications in the medical industry, such as tissue and organ fabrication, personalized medicines, and medical devices and tools. Plastics is the most commonly used material for 3D printed medical devices, contributing over 70% of the share. Photopolymers are gaining attention over thermoplastics driven by their attractive properties, such as improved thermal resistance, improved elasticity, and higher impact strength. Acrylate resins are preferred over epoxy resins for 3D printing of medical devices due to their higher cytotoxicity and low curing time.

Medical Devices Industry Making North America the Dominant Market

In terms of consumption in 2017, North America held a significant market share, followed by Europe. North America and Europe is expected to account to around two-third of the total 3D printing market. The high usage of these resins in these regions can be attributed to the increasing expenditure for research and the high penetration of technology. Asia-pacific is expected to grow at the fastest rate, led by constructive government initiatives and financial support for further developing medical device applications via 3D printing technology. In China, government has invested more than USD 6 billion for the R&D of medical devices.

Notable Developments

In Jan 2018, MacDermid Graphics Solutions introduced three new liquid photopolymer resins for corrugated printing

Major Players: Photocentric, MacDermid Inc., Nitto Denko, Anderson and Vreeland and Chemence, amongst others.

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To understand the impact of various form on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
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Countries expected to witness the fastest growth during the forecast period
Identifying the latest developments, market shares, and strategies employed by the major market players
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Photopolymer Resin Market Forecast 2018-2023

The Photopolymer Resin industry research report analyses the supply, sales, production, and market status comprehensively. Production market shares and sales market shares are analysed along with the study of capacity, production, sales, and revenue. Several other factors such as import, export, gross margin, price, cost, and consumption are also analysed under the section Analysis of Photopolymer Resin production, supply, sales and market status.

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Price of Photopolymer Resin Market Report (single User Licence): $ 4250

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

 

 

 

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