| Product Code: ETC4504645 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
India`s import shipments of UV curable resins and formulated products in 2024 continued to show high concentration with the top exporting countries being China, Taiwan, Malaysia, Germany, and South Korea. The industry exhibited a significant CAGR of 22.01% from 2020 to 2024, indicating strong growth momentum. However, there was a slight decline in growth rate from 2023 to 2024 at -3.99%. This data suggests a dynamic market landscape with key players vying for market share in India`s UV curable resins sector.

UV-curable resins and formulated products are gaining popularity in the printing, coatings, and adhesives industries. They offer rapid curing and environmental benefits. With increasing environmental concerns and the need for quick-drying solutions, the UV curable resins market in India is experiencing growth.
The India UV Curable Resins and Formulated Products market is witnessing strong growth due to the increasing awareness of environmental concerns and the need for sustainable, low-VOC coatings and adhesives. These resins offer rapid curing, which leads to improved productivity in various industries, including automotive, electronics, and packaging. Technological advancements and the adoption of UV curable products for energy-efficient manufacturing processes are significant drivers.
The India UV curable resins and formulated products market confronts challenges related to the need for UV curing technology adoption across various industries. Customers often require education and awareness about the benefits of UV-cured products, which can be time-consuming and costly. Moreover, regulations related to the handling of UV curable materials and waste disposal necessitate compliance measures, adding complexity to the supply chain.
The UV curable resins market saw a mixed impact. While there was a slowdown in industries like automotive coatings and printing inks, there was increased demand for UV-cured medical adhesives and packaging materials. As manufacturing activities recover, the market is likely to stabilize and grow.
In the UV curable resins and formulated products market, notable players include Allnex Group, DIC India Ltd., and Uflex Ltd. These companies are involved in the development and production of UV-curable materials for printing, coatings, and adhesive applications.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India UV Curable Resins And Formulated Products Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India UV Curable Resins And Formulated Products Market Revenues & Volume, 2021 & 2031F |
3.3 India UV Curable Resins And Formulated Products Market - Industry Life Cycle |
3.4 India UV Curable Resins And Formulated Products Market - Porter's Five Forces |
3.5 India UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.6 India UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.7 India UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 India UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India UV Curable Resins And Formulated Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly products |
4.2.2 Growing adoption of UV curable resins in various industries like automotive, electronics, and packaging |
4.2.3 Technological advancements leading to improved performance and efficiency of UV curable resins and formulated products |
4.3 Market Restraints |
4.3.1 High initial investment and equipment costs associated with UV curing technology |
4.3.2 Limited awareness and understanding of UV curable resins among end-users |
4.3.3 Challenges related to the availability of raw materials and supply chain disruptions |
5 India UV Curable Resins And Formulated Products Market Trends |
6 India UV Curable Resins And Formulated Products Market, By Types |
6.1 India UV Curable Resins And Formulated Products Market, By Composition |
6.1.1 Overview and Analysis |
6.1.2 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Composition, 2021-2031F |
6.1.3 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Oligomers, 2021-2031F |
6.1.4 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Monomers, 2021-2031F |
6.1.5 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Photoinitiators, 2021-2031F |
6.1.6 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Additives, 2021-2031F |
6.2 India UV Curable Resins And Formulated Products Market, By Chemistry |
6.2.1 Overview and Analysis |
6.2.2 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Non-acrylated Oligoamines, 2021-2031F |
6.2.3 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Acrylate Oligomers, 2021-2031F |
6.3 India UV Curable Resins And Formulated Products Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Solventborne UV resins, 2021-2031F |
6.3.3 India UV Curable Resins And Formulated Products Market Revenues & Volume, By 100% Solid UV resins, 2021-2031F |
6.3.4 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Waterborne UV resins, 2021-2031F |
6.3.5 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Powder UV resins, 2021-2031F |
6.4 India UV Curable Resins And Formulated Products Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Coatings, 2021-2031F |
6.4.3 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Overprint Varnishes, 2021-2031F |
6.4.4 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.4.5 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Adhesives, 2021-2031F |
6.4.6 India UV Curable Resins And Formulated Products Market Revenues & Volume, By Others, 2021-2031F |
7 India UV Curable Resins And Formulated Products Market Import-Export Trade Statistics |
7.1 India UV Curable Resins And Formulated Products Market Export to Major Countries |
7.2 India UV Curable Resins And Formulated Products Market Imports from Major Countries |
8 India UV Curable Resins And Formulated Products Market Key Performance Indicators |
8.1 Research and development investment in UV curable resin technology |
8.2 Adoption rates of UV curable resins in key industries |
8.3 Number of patents filed for UV curable resin formulations |
8.4 Environmental impact assessments and certifications obtained for UV curable products |
9 India UV Curable Resins And Formulated Products Market - Opportunity Assessment |
9.1 India UV Curable Resins And Formulated Products Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.2 India UV Curable Resins And Formulated Products Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.3 India UV Curable Resins And Formulated Products Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 India UV Curable Resins And Formulated Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India UV Curable Resins And Formulated Products Market - Competitive Landscape |
10.1 India UV Curable Resins And Formulated Products Market Revenue Share, By Companies, 2024 |
10.2 India UV Curable Resins And Formulated Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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