The Global Photocured Materials Market was valued at USD 4.2 Billion in 2023 and is projected to reach USD 6.9 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.3% during the forecast period (2023-2030). This expansion is fueled by rising environmental regulations, technological advancements in UV/LED curing systems, and growing adoption across electronics, automotive, and medical device manufacturing.

As industries worldwide transition toward sustainable production methods, photopolymerization emerges as a game-changing technology for high-performance coatings and adhesives. This report profiles the Top 10 Companies in the Photocured Materials Market – global leaders driving innovation in UV-curable resins, photoinitiators, and advanced material formulations.

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🔟 1. IGM Resins

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

IGM Resins leads the market with its comprehensive portfolio of photopolymer raw materials, serving diverse applications from industrial coatings to 3D printing solutions.

Technology Leadership:

• Pioneer in low-migration photoinitiator technology
• Specialty oligomers for flexible electronics applications
• Global REACH and FDA-compliant product lines

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9️⃣ 2. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Irgacure® Photoinitiators, UV Resins

BASF’s Performance Chemicals division sets industry standards with its Irgacure brand, the global benchmark for photoinitiator performance across multiple applications.

Technology Leadership:

• LED-compatible photoinitiator systems
• Advanced formulations for clear coat applications
• Global technical service and application support

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8️⃣ 3. Arkema Group

Headquarters: Colombes, France
Key Offering: Sartomer® Photocurable Resins

Arkema’s Sartomer business delivers cutting-edge photocurable resin systems particularly suited for electronics, packaging, and industrial coating applications.

Technology Leadership:

• Renewable-resource based acrylate oligomers
• High-performance materials for additive manufacturing
• Custom molecular engineering capabilities

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7️⃣ 4. Tianjin Jiuri New Materials

Headquarters: Tianjin, China
Key Offering: Specialty Photoinitiators, Monomers

As China’s photopolymer technology leader, Tianjin Jiuri offers cost-competitive solutions while expanding its portfolio of high-performance photoinitiators.

Technology Leadership:

• Localized production serving Asian markets
• Rapid development of innovative photoinitiator chemistries
• Strong IP position in cationic photoinitiators

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6️⃣ 5. Lambson Limited

Headquarters: Castleford, UK
Key Offering: Specialty Photoinitiators, UV Absorbers

Lambson specializes in high-performance photoinitiator systems for demanding applications including medical devices and aerospace coatings.

Technology Leadership:

• Innovative metal-free photoinitiator technology
• Medical-grade formulations with ultra-high purity
• Custom formulation development services

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5️⃣ 6. DBC

Headquarters: Shanghai, China
Key Offering: Photoinitiators, UV-curable Resins

DBC has established itself as a key Asian supplier through vertically integrated manufacturing serving China’s booming electronics sector.

Technology Leadership:

• Cost-optimized photoinitiator alternatives
• Rapid product development cycles
• Extensive distribution network across Asia

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4️⃣ 7. Eutec Chemical

Headquarters: Taipei, Taiwan
Key Offering: High-Purity Photoinitiators, Monomers

Eutec Chemical focuses on ultra-clean photoinitiators for semiconductor and electronics applications requiring exceptional purity standards.

Technology Leadership:

• Specialty formulations for microelectronics packaging
• Halogen-free photoinitiator systems
• Advanced purification and quality control

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3️⃣ 8. Zhejiang Yangfan New Materials

Headquarters: Shaoxing, China
Key Offering: Photoinitiators, UV Resins

This rapidly growing Chinese manufacturer has become a significant regional supplier of photocure materials for industrial applications.

Technology Leadership:

• Large-scale production capacity
• Custom synthesis capabilities
• Competitive pricing strategies

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2️⃣ 9. Polynaisse

Headquarters: Villers-Saint-Paul, France
Key Offering: Specialty Photopolymer Resins

Polynaisse develops innovative photopolymer systems for demanding coating applications from automotive refinish to industrial maintenance.

Technology Leadership:

• Water-based UV-curable technologies
• Custom oligomer development
• Strong technical support network across Europe

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1️⃣ 10. Kurogane Kasei

Headquarters: Tokyo, Japan
Key Offering: UV-curable Resins, Photoinitiators

This Japanese specialty chemical company provides high-performance photocured materials for precision electronics and industrial applications.

Technology Leadership:

• Ultra-pure materials for semiconductor manufacturing
• High-refractive-index photocurable polymers
• Technical partnerships with leading Japanese manufacturers

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📈 Outlook: Photocured Materials Market Poised for Transformation

The photocured materials industry stands at the forefront of sustainable manufacturing solutions, with UV/LED technologies enabling significant reductions in VOC emissions and energy consumption.

Key Market Trends:

• Accelerated shift toward LED-curable formulations
• Development of bio-based and sustainable photocurable resins
• Integration with smart manufacturing and Industry 4.0 systems
• Growing adoption in electronics and medical device applications

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

The companies profiled represent the innovation leaders driving the next generation of sustainable manufacturing technologies across global industries.