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Tricyclodecane Dimethanol Diacrylate (TCDDA) Market Research Report

05-08-2024 04:03 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

According to new survey, global Tricyclodecane Dimethanol Diacrylate (TCDDA) market is projected to reach US$ 352.4 million in 2029, increasing from US$ 235 million in 2022, with the CAGR of 4.8% during the period of 2023 to 2029.

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The adhesives and sealants industry's extensive usage of Tricyclodecane Dimethanol Diacrylate (TCDDA) is driving the market's notable expansion. TCDDA is a flexible diacrylate monomer that helps create adhesives with superior bonding capabilities. The market is driven by the growing need for adhesives in a number of industries, such as electronics, construction, and the automobile, since TCDDA is widely used to improve adhesive compositions. The remarkable performance of TCDDA in UV-curable coatings is a major factor propelling the market's expansion. UV-curable coatings are preferred because of their improved durability, quick drying time, and minimal emissions of volatile organic compounds (VOCs). TCDDA is widely used in the coatings industry because it is a useful ingredient in UV-curable coatings, which enhances its outstanding qualities including adhesion, hardness, and scratch resistance.

The growing need for sophisticated materials in 3D printing has an impact on the TCDDA Market's expansion. TCDDA is appropriate for 3D printing applications since it is compatible with UV curing methods. The need for TCDDA, a crucial component of UV-curable 3D printing materials, is growing as 3D printing becomes more popular across a range of industries, including healthcare, aerospace, and automotive. The TCDDA Market is mostly driven by the electronics manufacturing industry as demand for high-performance materials in electronic components grows. TCDDA is a perfect option for coatings and encapsulants in electronic devices because of its compatibility with UV-curable formulations. The growing use of TCDDA in this industry is facilitated by the ongoing developments in electronics, such as miniaturization and improved functionality.

The use of TCDDA in photopolymer resins for dental applications is growing, propelling the industry's expansion. UV-curable materials are used in the dentistry sector to fabricate dental prosthesis and devices using digital light processing (DLP) and stereolithography (SLA). Because it works well in these applications, TCDDA is a useful ingredient when making dental-grade photopolymer resins. UV-curable coatings are essential to the expansion of the flexible packaging market, which boosts the TCDDA Market. TCDDA provides benefits including better adhesion, chemical resistance, and surface attractiveness to UV-curable coatings applied to flexible packaging materials. The growing application of TCDDA in this industry is partly due to the growing need for economical and environmentally friendly packaging solutions.

North America's well-established adhesives, coatings, and electronics sectors are the main drivers of the solid demand in the Tricyclodecane Dimethanol Diacrylate (TCDDA) market. North America uses TCDDA in UV-curable formulations for applications ranging from high-performance coatings to 3D printing materials, with an emphasis on technical innovation and improvements. The constant expansion of TCDDA applications is facilitated by the region's strong concentration on research and development initiatives.

By Type
• Above 99% Purity
• Below 99% Purity

By Application
• Optical Coatings
• Optical Fiber
• Dental Composite

Key Companies
Kowa American Corporation, Doosung Chemical, Green Chemical Co, Polysciences, Eternal Materials, Guangdong Xibida New Material Technology, Miwon Specialty Chemical, Guangdong Hechems

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-10F11398/global-tricyclodecane-dimethanol-diacrylate-tcdda

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

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