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Synopsis
The global Photoinitiator market size was valued at USD 851.1 million in 2022 and is forecast to a readjusted size of USD 1107.1 million by 2029 with a CAGR of 3.8% during review period.
Photoinitiator, known as a photosensitizer or the photocuring agent, it is a type of compound which is capable of absorbing energy of certain wavelengths in the ultraviolet region (250 ~ 420nm) or in the visible region (400 ~ 800nm) to generate free radicals, cations, giving rise to a crosslinking and polymerization of the monomer. Photoinitiator is a key component of light-curing materials, which plays a decisive role to the light curing speed.
Photoinitiators industry has low technology barrier and is labor intensive industry. Currently, there are many producing companies in the world photoinitiators industry. The main market players are IGM Resins, Tianjin Jiuri New Materials, Tronly, Hubei Gurun and DBC, etc. In consumption market, Europe and Asia Pacific are the mainly consumption regions due to the bigger demand of downstream applications. These two regions occupied 81.86% of the global consumption volume in total.
The Global Info Research report includes an overview of the development of the Photoinitiator industry chain, the market status of Paints (Free-radical Type Photoinitiator, Cationic Type Photoinitiator), Inks (Free-radical Type Photoinitiator, Cationic Type Photoinitiator), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Photoinitiator.
Regionally, the report analyzes the Photoinitiator markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Photoinitiator market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Photoinitiator market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Photoinitiator industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (MT), revenue generated, and market share of different by Type (e.g., Free-radical Type Photoinitiator, Cationic Type Photoinitiator).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Photoinitiator market.
Regional Analysis: The report involves examining the Photoinitiator market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Photoinitiator market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Photoinitiator:
Company Analysis: Report covers individual Photoinitiator manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Photoinitiator This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Paints, Inks).
Technology Analysis: Report covers specific technologies relevant to Photoinitiator. It assesses the current state, advancements, and potential future developments in Photoinitiator areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Photoinitiator market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Photoinitiator market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Market segment by Application
Major players covered
Market segment by region, regional analysis covers
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Photoinitiator product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Photoinitiator, with price, sales, revenue and global market share of Photoinitiator from 2018 to 2023.
Chapter 3, the Photoinitiator competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Photoinitiator breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Photoinitiator market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Photoinitiator.
Chapter 14 and 15, to describe Photoinitiator sales channel, distributors, customers, research findings and conclusion.
Index
1 Market Overview
1.1 Product Overview and Scope of Photoinitiator
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Photoinitiator Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Free-radical Type Photoinitiator
1.3.3 Cationic Type Photoinitiator
1.4 Market Analysis by Application
1.4.1 Overview: Global Photoinitiator Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Paints
1.4.3 Inks
1.4.4 Adhesives
1.4.5 Others
1.5 Global Photoinitiator Market Size & Forecast
1.5.1 Global Photoinitiator Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Photoinitiator Sales Quantity (2018-2029)
1.5.3 Global Photoinitiator Average Price (2018-2029)
2 Manufacturers Profiles
2.1 IGM Resins
2.1.1 IGM Resins Details
2.1.2 IGM Resins Major Business
2.1.3 IGM Resins Photoinitiator Product and Services
2.1.4 IGM Resins Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 IGM Resins Recent Developments/Updates
2.2 Tianjin Jiuri New Materials
2.2.1 Tianjin Jiuri New Materials Details
2.2.2 Tianjin Jiuri New Materials Major Business
2.2.3 Tianjin Jiuri New Materials Photoinitiator Product and Services
2.2.4 Tianjin Jiuri New Materials Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 Tianjin Jiuri New Materials Recent Developments/Updates
2.3 Tronly
2.3.1 Tronly Details
2.3.2 Tronly Major Business
2.3.3 Tronly Photoinitiator Product and Services
2.3.4 Tronly Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 Tronly Recent Developments/Updates
2.4 Hubei Gurun
2.4.1 Hubei Gurun Details
2.4.2 Hubei Gurun Major Business
2.4.3 Hubei Gurun Photoinitiator Product and Services
2.4.4 Hubei Gurun Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Hubei Gurun Recent Developments/Updates
2.5 Arkema
2.5.1 Arkema Details
2.5.2 Arkema Major Business
2.5.3 Arkema Photoinitiator Product and Services
2.5.4 Arkema Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Arkema Recent Developments/Updates
2.6 DBC
2.6.1 DBC Details
2.6.2 DBC Major Business
2.6.3 DBC Photoinitiator Product and Services
2.6.4 DBC Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 DBC Recent Developments/Updates
2.7 Zhejiang Yangfan New Materials
2.7.1 Zhejiang Yangfan New Materials Details
2.7.2 Zhejiang Yangfan New Materials Major Business
2.7.3 Zhejiang Yangfan New Materials Photoinitiator Product and Services
2.7.4 Zhejiang Yangfan New Materials Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 Zhejiang Yangfan New Materials Recent Developments/Updates
2.8 Jinkangtai Chemical
2.8.1 Jinkangtai Chemical Details
2.8.2 Jinkangtai Chemical Major Business
2.8.3 Jinkangtai Chemical Photoinitiator Product and Services
2.8.4 Jinkangtai Chemical Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 Jinkangtai Chemical Recent Developments/Updates
2.9 NewSun
2.9.1 NewSun Details
2.9.2 NewSun Major Business
2.9.3 NewSun Photoinitiator Product and Services
2.9.4 NewSun Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 NewSun Recent Developments/Updates
2.10 Eutec
2.10.1 Eutec Details
2.10.2 Eutec Major Business
2.10.3 Eutec Photoinitiator Product and Services
2.10.4 Eutec Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Eutec Recent Developments/Updates
2.11 Polynaisse
2.11.1 Polynaisse Details
2.11.2 Polynaisse Major Business
2.11.3 Polynaisse Photoinitiator Product and Services
2.11.4 Polynaisse Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Polynaisse Recent Developments/Updates
2.12 Kurogane Kasei
2.12.1 Kurogane Kasei Details
2.12.2 Kurogane Kasei Major Business
2.12.3 Kurogane Kasei Photoinitiator Product and Services
2.12.4 Kurogane Kasei Photoinitiator Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Kurogane Kasei Recent Developments/Updates
3 Competitive Environment: Photoinitiator by Manufacturer
3.1 Global Photoinitiator Sales Quantity by Manufacturer (2018-2023)
3.2 Global Photoinitiator Revenue by Manufacturer (2018-2023)
3.3 Global Photoinitiator Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Photoinitiator by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Photoinitiator Manufacturer Market Share in 2022
3.4.2 Top 6 Photoinitiator Manufacturer Market Share in 2022
3.5 Photoinitiator Market: Overall Company Footprint Analysis
3.5.1 Photoinitiator Market: Region Footprint
3.5.2 Photoinitiator Market: Company Product Type Footprint
3.5.3 Photoinitiator Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Photoinitiator Market Size by Region
4.1.1 Global Photoinitiator Sales Quantity by Region (2018-2029)
4.1.2 Global Photoinitiator Consumption Value by Region (2018-2029)
4.1.3 Global Photoinitiator Average Price by Region (2018-2029)
4.2 North America Photoinitiator Consumption Value (2018-2029)
4.3 Europe Photoinitiator Consumption Value (2018-2029)
4.4 Asia-Pacific Photoinitiator Consumption Value (2018-2029)
4.5 South America Photoinitiator Consumption Value (2018-2029)
4.6 Middle East and Africa Photoinitiator Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Photoinitiator Sales Quantity by Type (2018-2029)
5.2 Global Photoinitiator Consumption Value by Type (2018-2029)
5.3 Global Photoinitiator Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Photoinitiator Sales Quantity by Application (2018-2029)
6.2 Global Photoinitiator Consumption Value by Application (2018-2029)
6.3 Global Photoinitiator Average Price by Application (2018-2029)
7 North America
7.1 North America Photoinitiator Sales Quantity by Type (2018-2029)
7.2 North America Photoinitiator Sales Quantity by Application (2018-2029)
7.3 North America Photoinitiator Market Size by Country
7.3.1 North America Photoinitiator Sales Quantity by Country (2018-2029)
7.3.2 North America Photoinitiator Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Photoinitiator Sales Quantity by Type (2018-2029)
8.2 Europe Photoinitiator Sales Quantity by Application (2018-2029)
8.3 Europe Photoinitiator Market Size by Country
8.3.1 Europe Photoinitiator Sales Quantity by Country (2018-2029)
8.3.2 Europe Photoinitiator Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Photoinitiator Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Photoinitiator Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Photoinitiator Market Size by Region
9.3.1 Asia-Pacific Photoinitiator Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Photoinitiator Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Photoinitiator Sales Quantity by Type (2018-2029)
10.2 South America Photoinitiator Sales Quantity by Application (2018-2029)
10.3 South America Photoinitiator Market Size by Country
10.3.1 South America Photoinitiator Sales Quantity by Country (2018-2029)
10.3.2 South America Photoinitiator Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Photoinitiator Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Photoinitiator Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Photoinitiator Market Size by Country
11.3.1 Middle East & Africa Photoinitiator Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Photoinitiator Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Photoinitiator Market Drivers
12.2 Photoinitiator Market Restraints
12.3 Photoinitiator Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Photoinitiator and Key Manufacturers
13.2 Manufacturing Costs Percentage of Photoinitiator
13.3 Photoinitiator Production Process
13.4 Photoinitiator Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Photoinitiator Typical Distributors
14.3 Photoinitiator Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch