The Global Solvent-Based Polyurethane Acrylate Market was valued at USD 2.84 Billion in 2024 and is projected to reach USD 3.98 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 5.2% during the forecast period (2024–2030). This growth is being driven by increasing demand for high-performance coatings in automotive, industrial, and architectural applications, coupled with ongoing advancements in formulation technologies that enhance durability and environmental compliance.
As the coatings industry evolves toward more advanced protective solutions with superior weathering resistance, the spotlight is on key chemical manufacturers driving innovation in resin technology and application versatility. In this blog, we profile the Top 10 Companies in the Solvent-Based Polyurethane Acrylate Industry—a mix of established chemical giants and specialized resin producers shaping the future of high-performance surface protection.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Laromer® UV-curable acrylate oligomers & resins
BASF is a global leader in polyurethane acrylate resins, offering comprehensive portfolios for industrial coatings, wood finishes, and graphic arts applications. Their solvent-based formulations deliver excellent adhesion, chemical resistance, and mechanical properties across diverse substrates.
Innovation Initiatives:
- Development of low-VOC formulations
- Advanced UV-curable technologies for faster curing cycles
- Strategic R&D investments exceeding €2.3 billion annually
Download FREE Sample Report: Solvent-Based Polyurethane Acrylate Market – View in Detailed Research Report
9️⃣ 2. Allnex GmbH
Headquarters: Frankfurt, Germany
Key Offering: Ebecryl® radiation curing resins & additives
Allnex is a dominant player in radiation-curable resins with extensive expertise in polyurethane acrylates. The company serves global markets with technically advanced solutions for industrial and protective coatings.
Innovation Initiatives:
- Focus on sustainable coating solutions
- Global production network across Europe, Americas, and Asia
8️⃣ 3. Covestro AG
Headquarters: Leverkusen, Germany
Key Offering: Bayhydrol®, Bayhydur® polyurethane dispersions
Covestro leverages decades of polyurethane expertise to deliver high-performance solvent-based acrylate resins. Their technologies enable coatings with exceptional durability for demanding applications in transportation and infrastructure.
Innovation Initiatives:
- Innovations in low-solvent and solvent-free systems
- Carbon reduction targets of 60% by 2030
7️⃣ 4. Miwon Specialty Chemical Co., Ltd.
Headquarters: Seongnam, South Korea
Key Offering: Miramer® urethane acrylate oligomers
Miwon is a prominent global supplier of UV/EB curable materials with strong presence in Asian markets. Their polyurethane acrylates are widely used in automotive refinish and industrial maintenance coatings.
Innovation Initiatives:
- Expansion of manufacturing capacity in China and South Korea
- Technical support services for formulation optimization
Download FREE Sample Report: Solvent-Based Polyurethane Acrylate Market – View in Detailed Research Report
6️⃣ 5. Sartomer (Arkema Group)
Headquarters: Exton, Pennsylvania, USA
Key Offering: Sartomer® urethane acrylate oligomers
Sartomer, part of Arkema Group, offers one of the industry’s most comprehensive lines of specialty acrylate monomers and oligomers.
Innovation Initiatives:
- Product portfolio with over 500 radiation-curable products
- Development of high-functionality oligomers for advanced coatings
5️⃣ 6. Alberdingk Boley GmbH
Headquarters: Krefeld, Germany
Key Offering: Alberdingk® UV/EB curable resins
Alberdingk Boley specializes in aqueous polyurethane dispersions and radiation-curable resins. The German company has built strong technological capabilities in solvent-based acrylate chemistry.
Innovation Initiatives:
- Focus on environmentally friendly coating systems
- Customized solutions for specific application requirements
4️⃣ 7. IGM Resins
Headquarters: Waalwijk, Netherlands
Key Offering: Photomer® radiation-curable products
IGM Resins is a global leader in UV/EB curing technology, providing innovative solutions for coating formulators worldwide.
Innovation Initiatives:
- Expansion into emerging markets through strategic partnerships
- Development of low-viscosity oligomers for improved application properties.
3️⃣ 8. DIC Corporation
Headquarters: Tokyo, Japan
Key Offering: UNIDIC urethane acrylate oligomersDIC Corporation offers a diverse portfolio of urethane acrylates tailored to various coating applications and performance requirements.
Innovation Initiatives:
- Strategic focus on sustainable coating technologies
- Global production capabilities across multiple continents
2️⃣ 9. Eternal Materials Co., Ltd.
Headquarters: Kaohsiung, Taiwan
Key Offering: ETERNAL® UV oligomers & resinsEternal Materials is a major Asian supplier of specialty chemicals including radiation-curable resins. The company has established strong market presence through technological innovation and customer-centric approach.
Innovation Initiatives:
- Investment in R&D for next-generation coating technologies
- Expansion of product portfolio to meet diverse market needs.
1️⃣ 10. Hitachi Chemical Company, Ltd.
Headquarters: Tokyo, Japan
Key Offering: Specialized urethane acrylate oligomersHitachi Chemical specializes in high-performance resin systems for advanced applications, with growing focus on UV-curable technologies for industrial coatings.
Innovation Initiatives:
- Development of high-performance materials for automotive and electronic applications
- Technical collaboration with coating manufacturers worldwide
Get Full Report Here: Solvent-Based Polyurethane Acrylate Market – View in Detailed Research Report
🌍 Outlook: The Future of Solvent-Based Polyurethane Acrylate Is Advanced and Versatile
The solvent-based polyurethane acrylate market is undergoing significant transformation as manufacturers balance performance requirements with environmental considerations through innovative formulation strategies.
📈 Key Trends Shaping the Market:
- Increasing demand for low-VOC formulations in compliance with regulatory standards
- Growth in automotive refinish and industrial maintenance applications
- Advancements in UV-curable technologies enabling faster production cycles
- Strategic partnerships between resin manufacturers and coating formulators
Get Full Report Here: Solvent-Based Polyurethane Acrylate Market – View in Detailed Research Report
The companies listed above are not only supplying advanced resin technologies—they’re driving the performance evolution of protective coatings.
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