Press release
Photopolymers Market Size to Boost USD 7.08 Billion By 2032 | CAGR 10.5% - Published by Emergen Research
Photopolymers Market
Photopolymers are one of the materials used in 3D printing with the potential to make products with better properties. The field of 3D printing is rapidly growing in both academic and commercial settings. Photopolymerization-based technologies (such as Stereolithography (SLA) and digital light processing) among various 3D printing techniques enable control over the final attributes of 3D printed materials (such as optical, chemical, and mechanical properties) through the use of different polymer chemistry. Engineers can create sophisticated materials with various applications and have some influence over the final properties of several applications.
The report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Drivers of the Photopolymers Market :
Several factors contribute to the buoyancy of the photopolymers market. One prominent driver is the burgeoning demand for additive manufacturing, commonly known as 3D printing. The ability of photopolymers to solidify under controlled light exposure makes them an ideal material for creating intricate 3D structures with high precision and detail. Additionally, advancements in technology have led to the development of photopolymers with enhanced properties, further expanding their applications in various industries.
Restraints Impacting the Photopolymers Market :
Despite the promising growth prospects, the photopolymers market is not devoid of challenges. One significant restraint is the high initial investment required for establishing manufacturing facilities and research and development efforts. Developing photopolymer formulations with specific properties tailored to different applications demands substantial investments in equipment, expertise, and infrastructure.
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The report also discusses the key players involved in the market such as:
Evonik, Carbon, Inc., Formlab, Keystone Industries, BASF SE, Stratasys, Henkel Adhesives Technologies India Private Limited, Arkema, PolySpectra, and RAHN AG
The report provides a thorough estimation of the overall impact of the pandemic on the Photopolymers Market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Photopolymers Market
Photopolymers Latest Industry News
On 11 October 2023, Anderson and Vreeland, Inc. (A&V) announced the development of a Photopolymer Business Development Team within the company. This team will work to improve A&V's extensive array of flexographic plate production materials.
On 28 April 2023, Henkel announced the release of a new industrial resin, Loctite 3D IND249. Loctite 3D IND249 is a high-temperature, high-strength material capable of printing complex shapes with precise feature resolution. In addition, the resin has a medium viscosity while still having a high green strength, allowing for high-accuracy printing while remaining easy to process.
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Photopolymers Market Segment Analysis :
For the purpose of this report, Emergen Research has segmented the global photopolymers market on the basis of photopolymer type, product type, raw materials, application, technology, and region:
Photopolymer Type Outlook (Revenue, USD Billion; 2019-2032)
Liquid Photopolymer
Sheet Photopolymer
Product Type Outlook (Revenue, USD Billion; 2019-2032)
Photopolymer Plates
Photopolymer Resins
Photopolymer Coatings
Raw Materials Outlook (Revenue, USD Billion; 2019-2032)
Polymers
Acrylics
Polyisoprene
Polyamides
Epoxies
Others
Oligomers
Monomers
Other additives
Application Outlook (Revenue, USD Billion; 2019-2032)
Dental
Medical
Audiology
Jewelry
Automotive
Prototyping
Industrial/Engineering
Electronics (including connectors)
Consumer Goods
Others
Technology Outlook (Revenue, USD Billion; 2019-2032)
Stereolithography (SLA)
Digital Light Processing (DLP)
Continuous Digital Light Processing (cDLP)
Regional Outlook (Revenue, USD Billion; 2019-2032)
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Benelux
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
UAE
Rest of Middle East & Africa
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