| Product Code: ETC4504649 | 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 |
In the Indonesia UV curable resins and formulated products market, import momentum surged with a growth rate of 18.67% from 2023 to 2024. The compound annual growth rate (CAGR) for 2020-2024 stood at 2.31%. This uptick can be attributed to increasing industrial demand for UV curable products in various sectors, driving market stability and expansion.
UV curable resins and formulated products have found applications in the printing, automotive, and electronics sectors in Indonesia. The quick curing process and environmental benefits of UV-cured materials are driving growth in this market. As these industries continue to advance, the UV curable resins market is expected to grow significantly.
The UV curable resins and formulated products market in Indonesia is driven by a growing emphasis on environmentally friendly and sustainable coatings and adhesives. With increasing awareness of the environmental impact of traditional solvent-based products, UV curable resins offer a cleaner and more energy-efficient solution. Additionally, the rapid expansion of industries such as automotive, electronics, and packaging is boosting the demand for UV-curable materials as they provide superior performance and faster curing times, leading to increased efficiency in production processes.
The Indonesia UV curable resins and formulated products market faces several challenges. One major challenge is the lack of awareness and understanding of UV-curable technology among end-users, which often hinders its adoption. Additionally, the initial setup cost for UV curing equipment is relatively high, making it a barrier for small and medium-sized enterprises. Furthermore, the market struggles with the limited availability of skilled technicians and professionals well-versed in UV curing processes, impacting the overall industry growth.
UV curable resins and products saw increased demand in applications like adhesives and coatings, driven by hygiene concerns and the need for quick curing processes. However, supply chain issues and economic challenges posed obstacles to market growth.
The demand for UV curable resins and formulated products has been on the rise in industries like printing, electronics, and automotive. Key players like PT Panverta have been developing UV curable solutions that offer rapid curing and improved performance.
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 Indonesia UV Curable Resins And Formulated Products Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia UV Curable Resins And Formulated Products Market - Industry Life Cycle |
3.4 Indonesia UV Curable Resins And Formulated Products Market - Porter's Five Forces |
3.5 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.6 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.7 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia UV Curable Resins And Formulated Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable products |
4.2.2 Growing adoption of UV curable resins in various industries such as 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 cost associated with UV curing equipment and formulations |
4.3.2 Limited awareness and understanding of UV curable technology among end-users |
4.3.3 Volatility in raw material prices affecting the production costs of UV curable resins and formulated products |
5 Indonesia UV Curable Resins And Formulated Products Market Trends |
6 Indonesia UV Curable Resins And Formulated Products Market, By Types |
6.1 Indonesia UV Curable Resins And Formulated Products Market, By Composition |
6.1.1 Overview and Analysis |
6.1.2 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Composition, 2021-2031F |
6.1.3 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Oligomers, 2021-2031F |
6.1.4 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Monomers, 2021-2031F |
6.1.5 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Photoinitiators, 2021-2031F |
6.1.6 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Additives, 2021-2031F |
6.2 Indonesia UV Curable Resins And Formulated Products Market, By Chemistry |
6.2.1 Overview and Analysis |
6.2.2 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Non-acrylated Oligoamines, 2021-2031F |
6.2.3 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Acrylate Oligomers, 2021-2031F |
6.3 Indonesia UV Curable Resins And Formulated Products Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Solventborne UV resins, 2021-2031F |
6.3.3 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By 100% Solid UV resins, 2021-2031F |
6.3.4 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Waterborne UV resins, 2021-2031F |
6.3.5 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Powder UV resins, 2021-2031F |
6.4 Indonesia UV Curable Resins And Formulated Products Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Coatings, 2021-2031F |
6.4.3 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Overprint Varnishes, 2021-2031F |
6.4.4 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.4.5 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Adhesives, 2021-2031F |
6.4.6 Indonesia UV Curable Resins And Formulated Products Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia UV Curable Resins And Formulated Products Market Import-Export Trade Statistics |
7.1 Indonesia UV Curable Resins And Formulated Products Market Export to Major Countries |
7.2 Indonesia UV Curable Resins And Formulated Products Market Imports from Major Countries |
8 Indonesia UV Curable Resins And Formulated Products Market Key Performance Indicators |
8.1 Energy efficiency of UV curing process |
8.2 Adoption rate of UV curable resins in new application areas |
8.3 RD investment in developing innovative UV curable formulations |
8.4 Compliance with environmental regulations for product sustainability |
8.5 Customer satisfaction and feedback on the performance of UV curable products |
9 Indonesia UV Curable Resins And Formulated Products Market - Opportunity Assessment |
9.1 Indonesia UV Curable Resins And Formulated Products Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.2 Indonesia UV Curable Resins And Formulated Products Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.3 Indonesia UV Curable Resins And Formulated Products Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Indonesia UV Curable Resins And Formulated Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia UV Curable Resins And Formulated Products Market - Competitive Landscape |
10.1 Indonesia UV Curable Resins And Formulated Products Market Revenue Share, By Companies, 2024 |
10.2 Indonesia UV Curable Resins And Formulated Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |