Global Curable Materials Research Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Landscape & Forecast, 2021 – 2027
Curing process is particularly undertaken for rubber
and polymer by cross linking polymer chains and are activated by ultraviolet
radiation. Curable materials have found its applications in coating, adhesive
bonding, sealants, general electronics, printing, industrial, plastic bonding,
and others. Industrial and commercial coatings application is a prime market
for these materials. Furthermore, plastic bonding applications set potential
growth in near future owing to increasing application of these materials in
plastic manufacturing.
Segmentation:
The global curable Materials market is majorly
segmented on the basis of type, application, and regions. Market segmentation
based on type include rubber, polymer and others. Curable polymer is a
prominent segment accounted for majority of global market shares closely
followed by curable rubber. The polymers derived after the curing process
exhibit high strength properties and are highly favored in bonding application
on metal, glass, adhesive, and in industrial manufacturing. Consequently, there
is a relatively higher demand for such polymers as compared to rubber. Most of
these polymers are single component system that require no mixing and cure
rapidly at room temperature upon exposure to a UV light source as compared to
conventional polymers. Curable rubber, on the other hand, is an emerging
segment and is likely grow in terms of global shares over the forecast period.
TABLE OF CONTENTS
1
Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research
Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Curable
Materials Market
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Furthermore, on the basis of application global market
has been segmented into coating, adhesive bonding, sealants, general
electronics, printing, industrial, plastic bonding, and others. Coatings
application segment dominated the global market and is likely to continue its
dominance throughout the forecast period. Curable polymers driving the coatings
applications due infrastructural development across the globe. On the other
hand, industrial manufacturing anticipated to grow significantly owing to
increasing urbanization in the emerging economies. Moreover, curable materials
are increasing being referred in the plastic manufacturing as curing provides
relatively tougher end product. This particular segment represents potential
growth in the years to come.
Regional
Analysis:
Asia Pacific emerged as global leader in the market
curable material market and accounted for 43% of global market shares as of
2016. By being a largest consumer, the region will be dominating global market
over the forecast period as well. China, India, Japan, and South Korea are the
key growth driving markets in this region driven by rapid urbanization and
economic growth. China, particularly, represents huge automotive manufacturing
base and driving significant demand for tires. This in turn has encouraged
substantial regional demand for curable materials specifically, curable rubber
over the past few years. By having several numbers of small scale curable
material manufacturer, India represents dynamic growth in the forthcoming
years.
Key Players and
Competitive Analysis:
Key players of the Global Curable Materials Market are
Rockwell Automation, Inc. (U.S.), Rubber King Tyre Pvt. Ltd (India), Green
Rubber Group (Malaysia), KEYLAND POLYMER MATERIAL SCIENCES (U.S.), Arnette
Polymers LLC (U.S.), Dymax Corporation (U.S.), Shin-Nakamura Chemicals Co. Ltd
(China) and others.The study was conducted using an objective combination of
primary and secondary information including inputs from key participants in the
industry. The report contains a comprehensive market and vendor landscape in
addition to a SWOT analysis of key vendors.
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