| Product Code: ETC4504648 | 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 2024, Singapore`s import of UV curable resins and formulated products showed a steady increase, driven by growing demand across various industries. The market experienced a notable uptrend in imports, reflecting the country`s reliance on these products for manufacturing and industrial applications.
The Singapore UV curable resins and formulated products market has experienced remarkable growth due to the increasing demand for eco-friendly coatings and adhesives. UV curable resins offer quick curing times, low volatile organic compound (VOC) emissions, and enhanced performance properties. These products find applications in industries like automotive, electronics, and packaging. As environmental regulations become more stringent, the market for UV curable resins and formulated products is poised for further expansion in Singapore.
The Singapore UV Curable Resins and Formulated Products market is witnessing substantial growth due to the increasing awareness of environmental concerns. UV-curable resins are known for their low volatile organic compound (VOC) emissions and reduced energy consumption, aligning with Singapore commitment to sustainability. Moreover, their quick curing times and versatility in applications across industries like printing, electronics, and automotive have contributed to market expansion. The continuous innovation in UV-curable technologies and the support of government initiatives for green technologies also drive market growth.
The UV curable resins and formulated products market in Singapore faces several notable challenges. Regulatory compliance and safety standards have become more stringent, requiring manufacturers to invest in research and development to meet these requirements. Additionally, UV curing technology is still relatively expensive compared to traditional curing methods, and this cost factor may hinder market growth. Furthermore, ensuring consistent quality and durability of UV-cured products in different applications can be a technical challenge, requiring ongoing innovation and product development.
The COVID-19 pandemic had a discernible impact on the Singapore UV curable resins and formulated products market. With restrictions on movement and temporary closures of businesses, there was a reduction in the consumption of these materials, particularly in the automotive and electronics industries. However, the healthcare sector witnessed a surge in demand for medical devices and equipment, which required UV curable resins for rapid production. The market responded by diversifying its product offerings to cater to emerging needs. As Singapore managed the pandemic and the economy began to recover, the UV curable resins and formulated products market demonstrated adaptability and innovation, positioning itself for future growth in various sectors.
In the Singapore UV Curable Resins and Formulated Products Market, key players include all-encompassing chemical manufacturers like Allnex, DSM, and Sartomer. Their UV curable resin solutions find applications in diverse sectors, from printing to electronics. Local companies such as Toyo Ink SC Holdings Co. also contribute to the market`s growth and cater to specific local requirements.
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 Singapore UV Curable Resins And Formulated Products Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore UV Curable Resins And Formulated Products Market - Industry Life Cycle |
3.4 Singapore UV Curable Resins And Formulated Products Market - Porter's Five Forces |
3.5 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Composition, 2021 & 2031F |
3.6 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Chemistry, 2021 & 2031F |
3.7 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.8 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Singapore UV Curable Resins And Formulated Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for environmentally friendly and energy-efficient products |
4.2.2 Growing adoption of UV curable technology in various industries such as automotive, electronics, and packaging |
4.2.3 Government initiatives promoting the use of UV curable resins for sustainable manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with UV curable technology |
4.3.2 Limited awareness and understanding of UV curable resins and formulated products among end-users |
4.3.3 Availability of alternative technologies and products in the market |
5 Singapore UV Curable Resins And Formulated Products Market Trends |
6 Singapore UV Curable Resins And Formulated Products Market, By Types |
6.1 Singapore UV Curable Resins And Formulated Products Market, By Composition |
6.1.1 Overview and Analysis |
6.1.2 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Composition, 2021-2031F |
6.1.3 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Oligomers, 2021-2031F |
6.1.4 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Monomers, 2021-2031F |
6.1.5 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Photoinitiators, 2021-2031F |
6.1.6 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Additives, 2021-2031F |
6.2 Singapore UV Curable Resins And Formulated Products Market, By Chemistry |
6.2.1 Overview and Analysis |
6.2.2 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Non-acrylated Oligoamines, 2021-2031F |
6.2.3 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Acrylate Oligomers, 2021-2031F |
6.3 Singapore UV Curable Resins And Formulated Products Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Solventborne UV resins, 2021-2031F |
6.3.3 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By 100% Solid UV resins, 2021-2031F |
6.3.4 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Waterborne UV resins, 2021-2031F |
6.3.5 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Powder UV resins, 2021-2031F |
6.4 Singapore UV Curable Resins And Formulated Products Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Coatings, 2021-2031F |
6.4.3 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Overprint Varnishes, 2021-2031F |
6.4.4 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Printing Inks, 2021-2031F |
6.4.5 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Adhesives, 2021-2031F |
6.4.6 Singapore UV Curable Resins And Formulated Products Market Revenues & Volume, By Others, 2021-2031F |
7 Singapore UV Curable Resins And Formulated Products Market Import-Export Trade Statistics |
7.1 Singapore UV Curable Resins And Formulated Products Market Export to Major Countries |
7.2 Singapore UV Curable Resins And Formulated Products Market Imports from Major Countries |
8 Singapore UV Curable Resins And Formulated Products Market Key Performance Indicators |
8.1 Energy savings achieved through the use of UV curable resins compared to traditional curing methods |
8.2 Reduction in carbon footprint by switching to UV curable technology |
8.3 Number of new applications and industries adopting UV curable resins and formulated products |
9 Singapore UV Curable Resins And Formulated Products Market - Opportunity Assessment |
9.1 Singapore UV Curable Resins And Formulated Products Market Opportunity Assessment, By Composition, 2021 & 2031F |
9.2 Singapore UV Curable Resins And Formulated Products Market Opportunity Assessment, By Chemistry, 2021 & 2031F |
9.3 Singapore UV Curable Resins And Formulated Products Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.4 Singapore UV Curable Resins And Formulated Products Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Singapore UV Curable Resins And Formulated Products Market - Competitive Landscape |
10.1 Singapore UV Curable Resins And Formulated Products Market Revenue Share, By Companies, 2024 |
10.2 Singapore UV Curable Resins And Formulated Products Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |