MARKET INSIGHTS
Global energy curing resins market size was valued at USD 4.48 billion in 2024 to USD 7.39 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period (2024-2032).
Energy curing resins are specialized polymer materials that cure rapidly when exposed to ultraviolet (UV) or electron beam (EB) radiation. These resins include monomers, epoxy acrylates, polyester acrylates, urethane acrylates, and amine acrylates, which find applications across printing inks, coatings, adhesives, and electronics. The curing process offers significant advantages such as high-speed production, energy efficiency, and low VOC emissions compared to traditional thermal curing methods.
The market growth is driven by increasing environmental regulations favoring low-emission technologies, rising demand from packaging sector for UV-curable inks, and expanding applications in automotive and electronics industries. For instance, in March 2024, Arkema launched a new range of bio-based UV-curable resins under its Sarbio® brand, targeting sustainable packaging applications. Key players like BASF, DSM, Allnex, and IGM Resins dominate the market with continuous innovations in resin formulations to meet evolving industry requirements.
Global Energy Curing Resins Market – View in Detailed Research Report
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: UV-curable resins for coatings, inks, and adhesives
BASF is a global leader in chemical production, offering a wide portfolio of UV-curable resins that cater to automotive, electronics, and packaging sectors. The company’s advanced photoinitiator technology delivers rapid cure times and excellent barrier properties, enabling high-performance coatings and inks.
Sustainability Initiatives:
- Investing in bio-based resin development
- Reducing VOC emissions through solvent-free formulations
- Achieving net-zero emissions target by 2050
9️⃣ 2. Dymax Corporation
Headquarters: New York, USA
Key Offering: Photopolymer resins for 3D printing and electronics
Dymax specializes in high-performance UV-curable resins, focusing on rapid cure and superior mechanical properties for industrial and consumer applications. The company’s acquisition of a photopolymer technology firm in 2024 has expanded its product portfolio into advanced 3D printing resins.
Sustainability Initiatives:
- Developing low-viscosity, high-precision resins for microelectronics
- Partnering with OEMs to reduce energy consumption in manufacturing
- Supporting circular economy through resin recycling programs
8️⃣ 3. Arkema
Headquarters: Paris, France
Key Offering: Bio-based UV-curable resins for packaging and coatings
Arkema’s Sarbio® bio-based resins provide a sustainable alternative for the packaging industry, offering low VOC emissions and high barrier performance. The company’s continuous R&D efforts focus on expanding the range of bio-based formulations for diverse end uses.
Sustainability Initiatives:
- Launch of new bio-based resin lines in 2024
- Reducing carbon footprint through renewable energy sourcing
- Collaborating with packaging converters for sustainable solutions
7️⃣ 4. Hitachi Chemical
Headquarters: Tokyo, Japan
Key Offering: UV-curable resins for electronics and industrial coatings
Hitachi Chemical provides advanced UV-curable formulations with excellent adhesion and heat resistance, essential for the electronics and automotive sectors. The company’s focus on cationic curing chemistry enhances performance in heat-sensitive assemblies.
Sustainability Initiatives:
- Investing in hybrid radical–cationic systems
- Reducing energy consumption in curing processes
- Partnering with OEMs to meet sustainability targets
6️⃣ 5. IGM Resins
Headquarters: Amsterdam, Netherlands
Key Offering: Customized UV-curable solutions for niche markets
IGM Resins offers tailored formulations for specific applications such as medical devices and flexible electronics. The company’s focus on sustainable resin development aligns with evolving regulatory requirements.
Sustainability Initiatives:
- Developing low-VOC and bio-based resin options
- Optimizing manufacturing processes for energy efficiency
- Collaborating with partners to reduce overall environmental impact
5️⃣ 6. Miwon Specialty Chemical
Headquarters: Seoul, South Korea
Key Offering: UV-curable resins for electronics and coatings
Miwon specializes in high-performance UV-curable resins with excellent thermal stability, catering to the growing electronics and automotive markets in Asia.
Sustainability Initiatives:
- Adopting renewable energy sources in production
- Reducing VOC emissions through advanced formulations
- Investing in research for biodegradable resins
4️⃣ 7. Nitto Denko
Headquarters: Tokyo, Japan
Key Offering: UV-curable adhesives and coatings for electronics
Nitto Denko offers a broad range of UV-curable adhesives with superior adhesion and electrical insulation properties, supporting the electronics and automotive sectors.
Sustainability Initiatives:
- Developing low-VOC adhesive formulations
- Improving energy efficiency in curing equipment
- Partnering with OEMs to achieve sustainability goals
3️⃣ 8. Showa Denko
Headquarters: Tokyo, Japan
Key Offering: UV-curable resins for industrial coatings
Showa Denko provides high-performance UV-curable coatings with excellent durability and low VOC emissions, catering to the automotive and aerospace industries.
Sustainability Initiatives:
- Investing in bio-based resin research
- Reducing energy consumption in curing processes
- Supporting circular economy through resin recycling
2️⃣ 9. Eternal Chemical
Headquarters: Taipei, Taiwan
Key Offering: UV-curable resins for packaging and coatings
Eternal Chemical offers a range of UV-curable resins with low VOC and high barrier performance, ideal for sustainable packaging solutions.
Sustainability Initiatives:
- Developing bio-based resin lines
- Reducing carbon footprint through renewable energy
- Collaborating with packaging converters for eco-friendly solutions
1️⃣ 10. ThreeBond Holdings
Headquarters: Tokyo, Japan
Key Offering: UV-curable resins for electronics and automotive applications
ThreeBond provides advanced UV-curable formulations with excellent adhesion, heat resistance, and low VOC emissions, supporting the electronics and automotive sectors.
Sustainability Initiatives:
- Investing in hybrid radical–cationic systems
- Reducing energy consumption in curing processes
- Partnering with OEMs to meet sustainability targets
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🌍 Outlook: The Future of Energy Curing Resins
The energy curing resins market is poised for accelerated growth driven by stringent environmental regulations, rapid adoption of 3D printing, and the expanding electronics sector. Companies are investing heavily in bio-based formulations, hybrid curing systems, and energy-efficient curing equipment to meet the demands of sustainability and high-performance applications.
📈 Key Trends Shaping the Market:
- Expansion of bio-based UV-curable resins in packaging and coatings
- Growth of hybrid radical–cationic curing technologies for complex 3D parts
- Increased adoption of UV-curable resins in flexible electronics and wearable devices
- Strategic collaborations between resin manufacturers and converter companies to drive sustainability
- Technological breakthroughs in photoinitiators reducing residual odor and improving surface cure
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