The Global Photocured Materials Market was valued at USD 5.8 Billion in 2023 and is projected to reach USD 9.2 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.8% during the forecast period (2024–2030). This significant growth is primarily driven by the escalating demand for eco-friendly, low-VOC (Volatile Organic Compound) coatings and adhesives, advancements in 3D printing technologies, and the expanding applications of photocured materials across electronics, automotive, and healthcare sectors.

As industries worldwide pivot towards sustainable and efficient manufacturing processes, the role of photocured materials has become increasingly critical. These materials, which cure almost instantaneously upon exposure to ultraviolet (UV) or visible light, offer superior performance, reduced energy consumption, and minimal environmental impact compared to traditional thermally-cured alternatives. In this blog, we profile the Top 10 Companies in the Photocured Materials Industry—a dynamic mix of chemical giants, specialized formulators, and technology innovators shaping the future of light-activated chemistry.

---

🔟 1. IGM Resins

Headquarters: Waalwijk, Netherlands
Key Offering: Photoinitiators, Oligomers, Monomers

IGM Resins is a global leader in the development and manufacturing of radiation-curable materials. The company provides a comprehensive portfolio of high-performance photoinitiators, specialty acrylates, and oligomers that are essential components in UV-curable inks, coatings, and adhesives. Their products are renowned for their efficiency and compatibility.

Innovation Initiatives:

• Pioneering low-migration photoinitiators for food packaging

• Development of sustainable, bio-based raw materials

• Strategic focus on expanding capacity in Asia-Pacific

Download FREE Sample Report: Photocured Materials Market – View in Detailed Research Report

---

9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Irgacure and Lucirin photoinitiators, UV-curable resins

BASF is a dominant force in the chemical industry with a robust portfolio of photocurable products. Its Irgacure brand is one of the most recognized names in photoinitiators, serving a wide array of applications from graphic arts to industrial coatings. The company’s extensive R&D capabilities drive continual innovation in photo-curing efficiency and product safety.

Innovation Initiatives:

• Investment in high-performance LED-curable photoinitiators

• Development of solutions for electronics and 3D printing markets

---

8️⃣ 3. Arkema Group

Headquarters: Colombes, France
Key Offering: Sartomer acrylic monomers and oligomers, photoinitiator synergists

Through its Sartomer division, Arkema offers one of the world’s broadest lines of specialty chemicals for UV/EB curing. The company’s products are critical for formulating high-performance coatings, inks, and adhesives with specific properties like flexibility, hardness, and chemical resistance.

Innovation Initiatives:

• Expansion of bio-based acrylate offerings

• Focus on solutions for the fast-growing composites and 3D printing sectors

---

7️⃣ 4. Lambson Limited

Headquarters: Castleford, United Kingdom
Key Offering: Esacure and Speedcure photoinitiators

Lambson, a part of the DKSH group, is a leading global supplier of photoinitiators and UV/EB curing technology. The company specializes in developing innovative solutions that enable faster curing speeds and enhanced performance for formulators in the printing, packaging, and coating industries.

Innovation Initiatives:

• Development of photoinitiators for LED UV curing systems

• Solutions addressing regulatory and safety requirements

Download FREE Sample Report: Photocured Materials Market – View in Detailed Research Report

---

6️⃣ 5. Allnex GmbH

Headquarters: Frankfurt, Germany
Key Offering: Radiation-curable resins, oligomers, and additives

Allnex is a leading global producer of coating resins and additives, with a significant presence in the radiation-curing market. The company provides a wide range of epoxy acrylates, urethane acrylates, and polyester acrylates that are fundamental to high-performance UV-curable systems.

Innovation Initiatives:

• Focus on sustainable solutions with low carbon footprint

• Development of high-functionality resins for industrial applications

---

5️⃣ 6. Miwon Specialty Chemical Co., Ltd.

Headquarters: Yongin-si, South Korea
Key Offering: Acrylic monomers, oligomers, photoinitiators

Miwon is a major South Korean manufacturer of specialty chemicals for UV curing applications. The company has a strong market position in Asia and is expanding globally, offering a diverse portfolio of products tailored for the electronics, ink, and adhesive industries.

Innovation Initiatives:

• Expansion of production capacity to meet growing global demand

• R&D focused on high-purity materials for electronics

---

4️⃣ 7. TPC (Tianjin Jiuri New Materials Co., Ltd.)

Headquarters: Tianjin, China
Key Offering: Photoinitiators, UV curable resins

Tianjin Jiuri New Materials is a leading Chinese producer of photoinitiators and a key player in the global market. The company has grown significantly by offering competitive products and has a strong manufacturing base that serves both domestic and international customers.

Innovation Initiatives:

• Continuous expansion of photoinitiator product portfolio

• Investment in R&D to improve product performance and safety

---

3️⃣ 8. DBC (Double Bond Chemical Ind., Co., Ltd.)

Headquarters: Taipei, Taiwan
Key Offering: Photoinitiators, monomers, oligomers

DBC is a significant manufacturer of chemicals for the UV/EB curing industry, with a focus on photoinitiators. The company serves a global clientele and is known for its technical expertise and customer-focused approach to developing customized solutions.

Innovation Initiatives:

• Development of novel photoinitiator structures for specialized applications

• Strengthening global distribution networks

---

2️⃣ 9. RAHN AG

Headquarters: Zurich, Switzerland
Key Offering: Genomer oligomers, photoinitiators, additives

RAHN AG is a Switzerland-based specialist in UV/EB curing technology, providing high-quality materials for demanding applications in electronics, cosmetics, and industrial coatings. The company is recognized for its innovative Genomer line of oligomers.

Innovation Initiatives:

• Focus on high-value, performance-driven solutions

• Development of materials for energy-curing adhesives and sealants

---

1️⃣ 10. Eutec Chemical Co., Ltd.

Headquarters: New Taipei City, Taiwan
Key Offering: Photoinitiators, monomers

Eutec Chemical is a prominent Taiwanese manufacturer specializing in photoinitiators and UV/EB curable monomers. The company has established itself as a reliable supplier to the coatings, inks, and adhesives industries, with a commitment to quality and innovation.

Innovation Initiatives:

• Expansion of product lines to include cationic photoinitiators

• Investment in green chemistry initiatives

Get Full Report Here: Photocured Materials Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Photocured Materials is Smarter and More Sustainable

The photocured materials market is undergoing a profound transformation. While traditional applications in coatings and inks continue to grow, the industry is being reshaped by technological advancements and a strong push for sustainability. The shift towards LED curing technology, which offers significant energy savings and operational benefits over conventional mercury arc lamps, is a major trend driving innovation in photoinitiator chemistry.

📈 Key Trends Shaping the Market:

• Rapid adoption of UV-LED curing systems in manufacturing

• Growing demand for low-VOC, environmentally friendly formulations

• Expansion of photocured materials in 3D printing and electronics

• Increasing regulatory pressure driving innovation in product safety

Get Full Report Here: Photocured Materials Market – View in Detailed Research Report

The companies listed above are not only supplying essential materials for modern manufacturing—they are at the forefront of developing the next generation of sustainable, high-performance curing technologies that will define the future of industrial production.