封面
市場調查報告書
商品編碼
1197979

光引髮劑市場——增長、趨勢、COVID-19 的影響和預測 (2023-2028)

Photoinitiator Market - Growth, Trends, and Forecasts (2023 - 2028)

出版日期: | 出版商: Mordor Intelligence | 英文 120 Pages | 商品交期: 2-3個工作天內

價格

本網頁內容可能與最新版本有所差異。詳細情況請與我們聯繫。

簡介目錄

在預測期內,光引髮劑市場的複合年增長率預計將超過 10%。

COVID-19 大流行對光引髮劑市場產生了負面影響。 主要市場進入者來自亞太地區和歐洲,受病毒大流行影響最大。 2020年企業盈利同比下降7%至10%。 利潤下降阻止了新進入者進入光引髮劑行業和在此過程中的採用。 光引髮劑市場已經從大流行中恢復過來,並且正在強勁增長。

主要亮點

  • 短期內,我們可以預期粘合劑、塗料、油墨和油漆等最終用途應用的增長;替代性和環保性預計將在預測期內推動市場增長。
  • 但是,光聚合引髮劑的生產需要使用對人體有害的化學品,這會引發安全隱患並增加成本。 這些都是阻礙光聚合引髮劑市場擴大的主要因素。
  • 但是,預計在預測期內,牙科行業使用的無害光引髮劑的生產將為市場提供利潤豐厚的交付機會。
  • 收入和預測預計亞太地區將在預測期內主導全球市場。

光引髮劑市場趨勢

塗層劑領域主導市場

  • 光引髮劑是在暴露於輻射(紫外線或可見光)下時產生活性物質(自由基、陽離子、陰離子)的分子。 合成光引髮劑已成為光聚合物(光固化塗料、粘合劑、牙科修復劑等)的重要組成部分。
  • 在預測期內,光引髮劑的最高市場份額預計將出現在塗料領域。 光引髮劑在醫療、電子、地毯、木工和汽車工業等塗料應用中越來越受歡迎。
  • 越來越多地使用光引髮劑製造顯示器、柔性電子產品、航空航天、汽車、太陽能電池和燃料電池,這將進一步擴大該行業的增長。
  • 根據 Coatings Tech 的數據,到 2022 年,美國油漆和塗料行業市場規模將超過 310 億美元。 預計到 2023 年,該行業的市場規模將達到約 334 億美元。
  • 據阿科瑪稱,從 2021 年到 2026 年,亞洲的塗料行業複合年增長率將高達 6%。 按價值計算,亞洲將在 2021 年擁有全球最大的塗料市場。
  • 據知名粘合劑製造商波士膠稱,亞太地區的粘合劑和密封劑行業預計在未來五年內發展最快,中國、印度和日本等國家是主要推動者增長。它是 隨著快速消費品和電子商務行業對包裝物品的需求不斷增長,印度和中國在 2020-2021 年對粘合劑的需求強勁。
  • 上述所有因素預計將在預測期內推動塗料行業發展並增加對光引髮劑的需求。

預計亞太地區將主導市場

  • 預計亞太地區在預測期內將佔據更大的份額。 亞太地區是浙江揚帆新材料、IGM Resins 和 Adeka Corporation 等主要企業的所在地。 此外,人口增長將增加對油漆和塗料的需求,從而增加光引髮劑的市場份額。
  • 中國以其工業化和製造業而聞名,並嚴重依賴油漆和塗料。 有一些重要領域使用油漆和塗料,例如汽車、工業和建築。
  • 中國控制著全球塗料市場的四分之一以上。 根據中國塗料工業協會的數據,中國塗料行業最近增長了 7%。
  • 2021 年 5 月,PPG 宣布已向其位於中國嘉定的油漆和塗料工廠投資 1300 萬美元,完成了 8 條粉末塗料生產線和一個粉末塗料技術中心的擴建。 這有望提高 PPG 的研發能力。 此次擴建將使工廠的產能每年增加 8,000 多噸。
  • Grasim Industries(Aditya Birla Group)於 2022 年 5 月宣布計劃到 2025 財年在塗料行業投資 1000 億千萬(13.7 億美元)。 此前,在 2021 年 1 月,它宣布打算在未來三年內向其塗料部門投資 500 億千萬(6.85 億美元)。 到 2024 年第四季度,該公司預計將有一個年產能為 13.32 億升 (MLPA) 的油漆設施投入運營。
  • 據經濟產業省稱,2021 年日本合成樹脂塗料的產量約為 101 萬噸,塗料產量巨大。 塗料總產量從 2020 年的 150 萬噸增加到 2021 年的近 153 萬噸。
  • 根據經濟產業省的數據,2021 年日本的凹版油墨產量約為 121.86 萬噸。 預計2021年日本平版油墨產量將達到6.729萬噸。
  • 根據馬來西亞統計局的數據,該國的印刷油墨產量將從 2020 年的 35.33 噸增加到 2021 年的 28.72 公斤,導致印刷油墨類別的顏料消耗量下降。
  • IGM Resin 於 2022 年 7 月收購了中國知名的能量固化樹脂製造商力天。 通過此次收購,IGM 現在提供三個獨特的產品線。 它擁有世界領先的光引髮劑系列、完備的能量固化樹脂供應和精選的添加劑。
  • 因此,上述所有因素都可能在預測期內增加對光引髮劑市場的需求。

光引髮劑市場競爭對手分析

光引髮劑市場具有分散性。 市場上主要廠商有阿科瑪、IGM樹脂、TCI化學、天津久日新材料、常州創力新材料(排名不分先後)。

其他好處

  • Excel 格式的市場預測 (ME) 表
  • 三個月的分析師支持

內容

第一章介紹

  • 調查先決條件
  • 調查範圍

第二章研究方法論

第 3 章執行摘要

第四章市場動態

  • 司機
    • 粘合劑、塗料、油墨和油漆等終端用途行業有望實現增長
    • 揮發性有機化合物 (VOC) 的環保替代品
  • 約束因素
    • 安全問題和高成本
    • 其他抑製劑
  • 工業價值鏈分析
  • 波特的五力分析
    • 供應商的議價能力
    • 買家的議價能力
    • 新進入者的威脅
    • 替代品的威脅
    • 競爭程度

第 5 章市場細分(基於價值的市場規模)

  • 類型
    • 自由基
    • 陽離子
  • 用法
    • 粘合劑
    • 墨水
    • 塗層
    • 其他用途
  • 按地區
    • 亞太地區
      • 中國
      • 印度
      • 日本
      • 韓國
      • 其他亞太地區
    • 北美
      • 美國
      • 加拿大
      • 墨西哥
    • 歐洲
      • 德國
      • 英國
      • 法國
      • 意大利
      • 西班牙
      • 其他歐洲
    • 南美洲
      • 巴西
      • 阿根廷
      • 其他南美洲
    • 中東
      • 南非
      • 沙特阿拉伯
      • 其他中東地區

第六章競爭格局

  • 併購、合資企業、聯合研究、合同
  • 市場份額 (%)**/排名分析
  • 主要參與者採用的策略
  • 公司簡介
    • ADEKA Corporation
    • Arkema
    • Changzhou Tronly New Electronic Materials Co. Ltd.
    • DBC
    • Environ Speciality Chemicals Ltd
    • Eutec
    • IGM Resins
    • Jingjiang Hongtai Chemical Engineering Co. Ltd.
    • Jiuri Chemical
    • Lambson
    • New Sun Poly Tec Co Ltd.
    • Polynaisse
    • Rahn AG
    • TCI Chemicals
    • Tianjin Jiuri New Materials Co. Ltd.
    • Zhejiang Yangfan New Materials Co. Ltd.

第七章市場機會與未來趨勢

  • 開髮用於牙科應用的無害光引髮劑
簡介目錄
Product Code: 93353

The photoinitiator market is anticipated to register a CAGR higher than 10% during the forecast period.

The COVID-19 pandemic negatively impacted the market for photoinitiators. Major market participants are from Asia-Pacific and Europe, among the most hit by the viral pandemic. Revenue for the companies fell from 7% to 10% in 2020 compared to the previous year. The diminishing gains deterred new entrants into the photoinitiators industry and adopters in their work processes. The photoinitiator market recovered from the pandemic and is growing significantly.

Key Highlights

  • Over the short term, with promising growth in end-use industries such as adhesive, coating, ink, and paint along with eco-friendly alternatives for volatile organic compounds (VOCs) as photoinitiators may be dissolved in water using oligomers, producing little or no environmental impacts on the applications are projected to fuel market growth throughout the forecast period.
  • However, safety concerns, as the photoinitiators' production necessitates the toxic chemicals used for human health and high prices. They are the significant factors likely to hamper the photoinitiator market size growth.
  • Nevertheless, creating non-hazardous photoinitiators for use in the dentistry industry will likely create lucrative delivery opportunities for the market over the forecast period.
  • Regarding revenue, Asia-Pacific is expected to dominate the global market during the forecast period.

Photoinitiator Market Trends

Coatings Segment to Dominate the Market

  • A photoinitiator is a molecule that creates reactive species (free radicals, cations, or anions) when exposed to radiation (UV or visible). Synthetic photoinitiators are vital components in photopolymers (i.e., photo-curable coatings, adhesives, and dental restoratives).
  • During the forecast period, the coatings sector will likely have the largest photoinitiator market share. Photoinitiator coatings are gaining popularity for coating applications in the medical, electronics, carpentry and woodworking, and automotive industries.
  • The growing application of photoinitiators to produce displays, flexible electronics, aerospace, automotive, solar batteries, and fuel cells will further expand the segment's growth.
  • According to the American Coatings Association (Coatings Tech), the market value of the paint and coatings industry in the United States was over USD 31 billion in 2022. The industry is expected to reach a market value of around USD 33.4 billion in 2023.
  • According to Arkema, from 2021 to 2026, Asia was predicted to have the largest CAGR in the coatings industry, at 6%. In terms of value, Asia had the largest coatings market in the world in 2021.
  • According to Bostik, a renowned adhesive producer, the Asia-Pacific adhesives and sealants industry is expected to develop the most over the next five years, with nations such as China, India, and Japan being the key growth drivers. With the increased need for packaging items in the FMCG and e-commerce industries, India and China saw significant demand for adhesives between 2020 and 2021.
  • All the above factors are expected to drive the coatings segment, enhancing the photoinitiators' demand during the forecast period.

Asia-Pacific Region to Dominate the Market

  • Asia-Pacific region is forecast to hold a larger share during the forecast period. The Asia Pacific region is home to several leading players, including Zhejiang Yangfan New Materials Co., Ltd, IGM Resins, and Adeka Corporation. Besides, the growing population will also bolster the demand for paint & coating, leading to the growth of the photoinitiator market share.
  • China is well-known for its industrialization and manufacturing sector, which rely heavily on paints and coatings. Automotive, industrial, and construction are some of the critical areas in which paints and coatings are employed in the nation.
  • China controls more than a quarter of the worldwide coatings market. According to the China National Coatings Industry Association, the industry increased by 7% recently.
  • PPG announced the completion of its USD 13 million investment in its Jiading, China, paint and coatings facility in May 2021, which included eight new powder coating production lines and an expanded powder coatings technology center. It is expected to improve PPG's research and development capabilities. The expansion will enhance the plant's capacity by over 8,000 metric tons annually.
  • Grasim Industries (Aditya Birla Group) announced plans to invest INR 10,000 crore (USD 1,370 million) in its paint industry by FY 2025 in May 2022. Previously, in January 2021, the firm announced intentions to invest INR 5,000 crore (USD 685 million) in the paints sector over the following three years. By Q4 FY2024, the business expects to have a paint facility up and running with a capacity of 1,332 million l per year (MLPA).
  • According to the Ministry of Economy, Trade, and Industry (Japan), the production volume of synthetic resin paints in Japan in 2021 will be roughly 1.01 million metric tons, representing a massive paint manufacturing volume. Overall, the production volume of paints rose to almost 1.53 million metric tons in 2021, compared to 1.50 million metric tons in 2020.
  • According to the Ministry of Economy, Trade, and Industry (METI), the volume of gravure inks produced in Japan in 2021 would be roughly 121.86 thousand metric tons. In addition, planographic ink output in Japan was expected to reach 67.29 thousand metric tons in 2021.
  • According to Statistics Malaysia, the country's printing ink output accounted for 28.72 kilotons in 2021, compared to 35.33 kilotons in 2020, resulting in a decrease in pigment consumption from the printing ink category.
  • IGM Resins bought Litian, a renowned Chinese maker of energy-curing resins, in July 2022. IGM currently offers three unique product lines due to the acquisition. It is a world-leading variety of photoinitiators, a substantial supply of energy-curing resins, and a decent selection of additives.
  • Thus, all the above factors will likely increase the demand for the photoinitiator market during the forecast period.

Photoinitiator Market Competitor Analysis

The photoinitiator market is fragmented in nature. Some of the major manufacturers in the market include Arkema, IGM Resins, TCI Chemicals, Tianjin Jiuri New Material Co. Ltd., and Changzhou Tronly New Electronic Materials, among others (in no particular order).

Additional Benefits:

  • The market estimate (ME) sheet in Excel format
  • 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

  • 4.1 Drivers
    • 4.1.1 Promising Growth in End-use Industries such as Adhesive, Coating, Ink, and Paint
    • 4.1.2 Eco-friendly Alternatives for Volatile Organic Compounds (VOCs)
  • 4.2 Restraints
    • 4.2.1 Safety Concerns and Highest Costs
    • 4.2.2 Other Restriants
  • 4.3 Industry Value Chain Analysis
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products and Services
    • 4.4.5 Degree of Competition

5 MARKET SEGMENTATION (Market Size in Value)

  • 5.1 Type
    • 5.1.1 Free Radical
    • 5.1.2 Cationic
  • 5.2 Application
    • 5.2.1 Adhesives
    • 5.2.2 Ink
    • 5.2.3 Coating
    • 5.2.4 Other Applications
  • 5.3 Geography
    • 5.3.1 Asia-Pacific
      • 5.3.1.1 China
      • 5.3.1.2 India
      • 5.3.1.3 Japan
      • 5.3.1.4 South Korea
      • 5.3.1.5 Rest of Asia-Pacific
    • 5.3.2 North America
      • 5.3.2.1 United States
      • 5.3.2.2 Canada
      • 5.3.2.3 Mexico
    • 5.3.3 Europe
      • 5.3.3.1 Germany
      • 5.3.3.2 United Kingdom
      • 5.3.3.3 France
      • 5.3.3.4 Italy
      • 5.3.3.5 Spain
      • 5.3.3.6 Rest of Europe
    • 5.3.4 South America
      • 5.3.4.1 Brazil
      • 5.3.4.2 Argentina
      • 5.3.4.3 Rest of South America
    • 5.3.5 Middle-East
      • 5.3.5.1 South Africa
      • 5.3.5.2 Saudi Arabia
      • 5.3.5.3 Rest of Middle-East

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Market Share (%) **/ Ranking Analysis
  • 6.3 Strategies Adopted by Leading Players
  • 6.4 Company Profiles
    • 6.4.1 ADEKA Corporation
    • 6.4.2 Arkema
    • 6.4.3 Changzhou Tronly New Electronic Materials Co. Ltd.
    • 6.4.4 DBC
    • 6.4.5 Environ Speciality Chemicals Ltd
    • 6.4.6 Eutec
    • 6.4.7 IGM Resins
    • 6.4.8 Jingjiang Hongtai Chemical Engineering Co. Ltd.
    • 6.4.9 Jiuri Chemical
    • 6.4.10 Lambson
    • 6.4.11 New Sun Poly Tec Co Ltd.
    • 6.4.12 Polynaisse
    • 6.4.13 Rahn AG
    • 6.4.14 TCI Chemicals
    • 6.4.15 Tianjin Jiuri New Materials Co. Ltd.
    • 6.4.16 Zhejiang Yangfan New Materials Co. Ltd.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

  • 7.1 Development of Non-Hazardous Photoinitiators for Application in the Dental Industry