According to a new country report published by Lucintel, the future of the photoinitiator market in the United States looks promising with opportunities in UV cured coatings, inks, and, adhesives. The photoinitiator market in the United States is primarily driven by increasing demand of photoinitiator due to its excellent properties like relative stability and range of light absorption.
This report studies factors affecting the photoinitiator market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.
Among various growth areas, Lucintel forecasts that UV cured coatings is expected to remain the largest application due to its increasing demand in wood coatings, automotive coatings, and powder coatings. Within the photoinitiator market in the United States, photoinitiator market, free radical type will remain the largest product type segment and is expected to witness the highest growth over the forecast period supported by increase in demand of photoinitiator in various applications such as medical devices, electronic devices, glass, and others.
Emerging trends, which have a direct impact on the dynamics of the photoinitiator industry, include Improved performance of UV cured coating photoinitiators in the electronic assembly and Advancement in Light Cure Adhesive Technology.
Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the photoinitiator market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Photoinitiator Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the photoinitiator market in the United States by application, and product type , as follows:
Photoinitiator Market by Application [Volume (M lbs) and $M shipment analysis for 2014 – 2025]
• Paints
• Inks
• Adhesives
Photoinitiator Market by Product Type [Volume (M lbs) and $M shipment analysis for 2014 – 2025]
• Free Radical Type
• Cationic Type
This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/opportunities-for-the-photoinitiator.aspx or write to us at helpdesk@lucintel.com
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com