Latin America UV Curable Resins & Formulated Products Market

The was valued at USD 342 million in 2024 and is projected to reach USD 480 million by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period (2024-2030). This growth is driven by increasing environmental regulations, demand for high-performance industrial coatings, and technological advancements in UV curing applications across automotive, packaging, and electronics sectors.

As industries transition toward sustainable and energy-efficient solutions, UV curable resins offer fast curing times, reduced VOC emissions, improved durability, and superior performance characteristics. In this analysis, we examine the Top 10 Companies in the – global chemical leaders and regional innovators shaping the future of advanced coatings, inks, and adhesives.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Products: UV acrylic resins, epoxy acrylates, polyester acrylates

BASF is the world’s largest chemical producer and a leader in UV curable resin formulations for Latin America. The company’s UV resin portfolio serves automotive OEM coatings, industrial finishes, and packaging applications with high-performance solutions.

Sustainability Initiatives:

• Development of bio-based UV resins using renewable raw materials
• R&D focus on low-VOC and energy-efficient curing technologies
• Strategic partnerships with regional coating manufacturers

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9️⃣ 2. Covestro AG

Headquarters: Leverkusen, Germany
Key Products: Polyurethane acrylates, aliphatic urethane acrylates

Covestro is a leading supplier of high-performance UV resin raw materials with significant production capacity in Latin America. The company specializes in durable coatings for automotive interiors and electronics applications.

Innovation Focus:

• Development of UV resins for flexible packaging applications
• Investments in R&D facilities in Brazil and Mexico
• Partnerships with local formulators and ink manufacturers

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8️⃣ 3. Henkel AG & Co. KGaA

Headquarters: Düsseldorf, Germany
Key Products: UV-curable adhesives, sealants, and coatings

Henkel is a major player in UV-based industrial adhesives and coatings with a strong presence in Latin America’s automotive and electronics assembly markets. Its Loctite brand is widely recognized for high-performance UV solutions.

Market Position:

• Leading supplier of UV-curable assembly adhesives
• Local production facilities in Brazil and Mexico
• Strong technical support network across the region

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7️⃣ 4. DSM

Headquarters: Heerlen, Netherlands
Key Products: Specialty UV resins for wood and plastic coatings

DSM is a global leader in sustainable UV resin technologies, offering innovative solutions for furniture, flooring, and consumer electronics markets in Latin America.

Sustainability Achievements:

• Pioneer in developing UV coatings with reduced environmental impact
• Bio-based resin technologies for eco-friendly applications
• Certified sustainable product portfolio for green building applications

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6️⃣ 5. Arkema Group

Headquarters: Colombes, France
Key Products: Sartomer UV/EB curing resins and monomers

Arkema’s Sartomer business unit is a key supplier of specialty acrylate monomers and oligomers for UV curing applications in Latin America’s packaging, ink, and coating industries.

Technology Leadership:

• Broadest portfolio of UV curing raw materials in the industry
• Specialized solutions for difficult-to-cure applications
• Custom formulation services for regional market needs

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5️⃣ 6. Allnex Belgium SA/NV

Headquarters: Brussels, Belgium
Key Products: Radiation curing resins for industrial applications

Allnex is a leading producer of radiation-curable coating resins with significant market share in Latin America’s industrial wood and metal coating sectors.

Regional Strengths:

• Extensive application expertise in furniture and flooring coatings
• Local technical service centers across major Latin American markets
• Customized solutions for regional climatic conditions

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4️⃣ 7. Nippon Gohsei

Headquarters: Tokyo, Japan
Key Products: Specialty UV resins for packaging inks

Nippon Gohsei is a key supplier of high-performance UV resins for flexible packaging applications, with growing demand in Latin America’s food and pharmaceutical packaging sectors.

Market Position:

• Leading Japanese resin supplier for Latin American markets
• Focus on indirect food contact approved formulations
• Technical collaboration with regional ink manufacturers

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3️⃣ 8. DIC Corporation

Headquarters: Tokyo, Japan
Key Products: UV inks and coatings raw materials

DIC is a major supplier of UV curable materials for the graphic arts and packaging industries in Latin America, with a strong presence in Brazil and Mexico.

Regional Strategy:

• Local production of UV ink resins in Brazil
• Focus on digital printing and packaging applications
• Growing investments in sustainable UV formulations

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2️⃣ 9. Hitachi Chemical Co., Ltd.

Headquarters: Tokyo, Japan
Key Products: Electronics-grade UV resins

Hitachi Chemical supplies high-purity UV resins for Latin America’s growing electronics manufacturing sector, particularly for printed circuit boards and semiconductor applications.

Technology Focus:

• Specialty UV resins for microelectronics applications
• High-performance formulations for harsh operating conditions
• Technical centers supporting regional electronics manufacturers

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1️⃣ 10. Eternal Chemical Co. Ltd.

Headquarters: Kaohsiung, Taiwan
Key Products: Cost-effective UV resin solutions

Eternal Chemical has established itself as a value-oriented supplier of UV resins in Latin America, particularly serving the price-sensitive furniture and general industrial coating markets.

Market Approach:

• Competitive pricing strategy for emerging markets
• Focus on volume applications in wood and plastic coatings
• Growing formulation capabilities in Brazil

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🌍 Market Outlook: The Future of UV Curable Technology in Latin America

The Latin American UV Curable Resins market is undergoing significant transformation as industries adopt more sustainable coating and printing solutions. While traditional solvent-based products still dominate, the shift toward UV-curable technology is accelerating across multiple sectors.

📈 Key Trends Shaping the Market:

• Increasing adoption in flexible packaging and digital printing applications
• Development of LED-curable resin systems for energy efficiency
• Growing demand from automotive OEM and aftermarket coatings
• Expansion of local formulation capabilities in Brazil and Mexico

Key Market Drivers:

• Stringent environmental regulations driving demand for low-VOC solutions
• Superior performance characteristics of UV-cured products
• Cost savings from faster curing times and reduced energy consumption
• Growing electronics manufacturing sector in Latin America

Challenges to Address:

• Higher initial investment in UV curing equipment
• Technical limitations for certain substrate types
• Need for specialized technical expertise in UV curing technology

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The companies profiled above are not only supplying materials – they’re driving the sustainable transformation of Latin America’s coating and printing industries through technological innovation and regional partnerships.