TCD Alcohol DM Market to grow at over 7% CAGR from 2017 to 2024
UV inkjet inks generated over USD 5 million for the global TCD alcohol DM market in 2015 and will likely grow on the account of the mature printing industry.
(EMAILWIRE.COM, August 03, 2018 ) TCD Alcohol DM Market will likely surpass USD 21.3 million by 2024 according to this new research report.
TCD Alcohol DM market will be chiefly driven by the rising demand of UV cured inks as the product is employed in the synthesis of dimethacrylates which is then used in these inks for their wetting properties. Eco-friendly nature of UV cured inks gives them a competitive edge over other petrochemical based alternatives.
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The demand for these inks is anticipated to increase because of their extensive usage in various printing processes such as flexographic, inkjet, gravure, etc. Revenue generated by the UV cured ink industry in 2015 was more than USD 1.5 billion and is estimated to exceed USD 4 billion in 2024. The industry will likely witness a growth of more than 10% CAGR and this will propel the global TCD alcohol DM market during the forecast timeframe.
TCD alcohol DM market will also be augmented by the growing demand for UV cured adhesives in flexible packaging industry. The product is widely used in synthesis of UV cured adhesives. Growing popularity of e-commerce along with developments in the logistics sector will contribute to the flexible packaging industry which in 2015 generated a revenue exceeding USD 80 billion.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1116
This industry is anticipated to grow by a CAGR above 4% and will likely be valued over USD 110 billion in 2024 and this growth will propel the global TCD alcohol DM market during the forecast timeframe. The technology applied in the products manufacturing is patented by Oxea GmbH and any new market participants will have to buy the technology from this company. This will restrict the entry of new players and may hinder the global TCD alcohol DM market until the patent expires.
Global TCD alcohol DM market can be categorized into three application segments including UV cure coatings, UV inkjet inks, and other application segment. UV cure coatings segment is anticipated to be valued above USD 9 million by 2024 growing with more than 7% CAGR.
Global TCD alcohol DM market is highly monopolistic, with Oxea corporation owning the patent of the process used to manufacture the product. Any new market entrants will have to purchase the patent to be able to manufacture the product and this have limited the amount of competition in the market. However, after the expiry of the patents, the TCD alcohol DM market will likely turn highly competitive.
Browse Full Report @ https://www.gminsights.com/industry-analysis/tcd-alcohol-dm-market
Partial Chapter of the Table of Content
Chapter 4. TCD Alcohol DM Industry Application Insights
4.1. Global TCD alcohol DM market share by application, 2015 & 2024
4.2. UV cured coatings
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. UV inkjet inks
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
TCD Alcohol DM market will be chiefly driven by the rising demand of UV cured inks as the product is employed in the synthesis of dimethacrylates which is then used in these inks for their wetting properties. Eco-friendly nature of UV cured inks gives them a competitive edge over other petrochemical based alternatives.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/1116
The demand for these inks is anticipated to increase because of their extensive usage in various printing processes such as flexographic, inkjet, gravure, etc. Revenue generated by the UV cured ink industry in 2015 was more than USD 1.5 billion and is estimated to exceed USD 4 billion in 2024. The industry will likely witness a growth of more than 10% CAGR and this will propel the global TCD alcohol DM market during the forecast timeframe.
TCD alcohol DM market will also be augmented by the growing demand for UV cured adhesives in flexible packaging industry. The product is widely used in synthesis of UV cured adhesives. Growing popularity of e-commerce along with developments in the logistics sector will contribute to the flexible packaging industry which in 2015 generated a revenue exceeding USD 80 billion.
Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1116
This industry is anticipated to grow by a CAGR above 4% and will likely be valued over USD 110 billion in 2024 and this growth will propel the global TCD alcohol DM market during the forecast timeframe. The technology applied in the products manufacturing is patented by Oxea GmbH and any new market participants will have to buy the technology from this company. This will restrict the entry of new players and may hinder the global TCD alcohol DM market until the patent expires.
Global TCD alcohol DM market can be categorized into three application segments including UV cure coatings, UV inkjet inks, and other application segment. UV cure coatings segment is anticipated to be valued above USD 9 million by 2024 growing with more than 7% CAGR.
Global TCD alcohol DM market is highly monopolistic, with Oxea corporation owning the patent of the process used to manufacture the product. Any new market entrants will have to purchase the patent to be able to manufacture the product and this have limited the amount of competition in the market. However, after the expiry of the patents, the TCD alcohol DM market will likely turn highly competitive.
Browse Full Report @ https://www.gminsights.com/industry-analysis/tcd-alcohol-dm-market
Partial Chapter of the Table of Content
Chapter 4. TCD Alcohol DM Industry Application Insights
4.1. Global TCD alcohol DM market share by application, 2015 & 2024
4.2. UV cured coatings
4.2.1. Market estimates and forecast, 2013 - 2024
4.2.2. Market estimates and forecast, by region, 2013 – 2024
4.3. UV inkjet inks
4.3.1. Market estimates and forecast, 2013 - 2024
4.3.2. Market estimates and forecast, by region, 2013 - 2024
4.5. Others
4.5.1. Market estimates and forecast, 2013 - 2024
4.5.2. Market estimates and forecast, by region, 2013 – 2024
Contact Information:
Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
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Global Market Insights, Inc.
Arun Hegde
Tel: 1-888-689-0688
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results