Chemicals Industry Today
Photocured Materials Market to Reach USD 6.5 Billion by 2035, Growing at 5.4% CAGR
The Photocured Materials Market is growing rapidly, driven by the adoption of UV and visible-light cured resins in 3D printing, coatings, adhesives, and electronics. These materials offer rapid curing, energy efficiency, and the ability to create high-precision, durable products.
In 3D printing, photocured resins enable detailed and accurate designs for dental models, prototyping, and medical devices. The coatings industry uses them for protective, decorative, and functional finishes. In electronics, they are used for circuit board encapsulation, insulation, and adhesive bonding.
The Photocured Materials Market was valued at USD 3,640 million in 2024 and is projected to increase from USD 3,840 million in 2025 to USD 6.5 billion by 2035, registering a CAGR of 5.4% during the forecast period (2025–2035). This growth is attributed to the rising adoption of UV-curable coatings, adhesives, and inks across industries such as electronics, packaging, and healthcare, driven by environmental benefits and superior curing efficiency.
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Market Dynamics
Drivers:
- Growing adoption of 3D printing technologies.
- Demand for fast-curing and energy-efficient materials.
- Expansion in electronics, automotive, and healthcare sectors.
Restraints:
- Limited shelf life and sensitivity to storage conditions.
- High initial cost for equipment and materials.
Opportunities:
- Development of advanced formulations with improved mechanical and thermal properties.
- Emerging applications in aerospace, industrial prototyping, and medical devices.
Key Companies in the Photocured Materials Market Include:
- Lambent Technologies
- Eastman Chemical Company
- SABIC
- Mitsubishi Chemical Corporation
- Formlabs
- Arkema
- BASF
- Eternal Materials
- Royal DSM
- Henkel AG & Co. KGaA
- Huntsman Corporation
- 3M
- PolyntReichhold
- Mitsui Chemicals
- DuPont de Nemours Inc
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Market Segmentation:
Segmented by type (UV-cured, visible-light cured), application (3D printing, coatings, adhesives, electronics), and region. North America, Europe, and Asia-Pacific are key regions due to technological adoption and industrial growth.
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