TCD Alcohol DM Market
TCD Alcohol DM Market (Application: UV Cure Coatings, UV Inkjet Inks, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027
Press Release :
Global TCD Alcohol DM Market: Snapshot
The demand for UV cured adhesives is increasing in flexible packaging and this is anticipated to boost the global TCD alcohol market. The growing demand for UV cured inks is also slated to push the growth of the global TCD alcohol market resulting in the market being worth US$ 26.7 Mn by 2027. The market was worth US$ 14.3 Mn in 2018 and is projected to expand at a 7.2% CAGR from 2019 to 2027 driven by the demand for TDM alcohol for the manufacturing of dimethacrylates. Dimethacrylates are used in various UV curing applications such as inks, electronics, coatings, and adhesives, driving the demand for TCD alcohol.
To gauge the scope of customization in our reports Ask for a Sample
Patent Expiry Could Lead to Backward Integration from Buyers
At present Oxea GmbH is the sole producer of TCD alcohol DM as the technology of producing TCD alcohol DM is patented by this company. However, with the patent expiry date approaching soon, the market dynamics is expected to change. The patent expiry is scheduled for 2023, and is projected to lead to a backward integration from buyers on account of the monopolistic nature of the global TCD alcohol DM market. However, the threat is expected to be negligible.
Use of TCD Alcohol DM in Manufacturing High Performance Surface Coatings to Boost Market
TCD alcohol DM gives enhanced elasticity to final products. It imparts remarkable transparency to products and are therefore, used in the manufacturing of high performance surface coatings. However, propriety technology will pose as a major challenge for the TCD alcohol DM market. On a positive note, the extensive research and development carried out in the field of optoelectronics is estimated to bode well for the market by creating opportunities of growth in the forthcoming years. The high demand for flexible packaging, corrugated containers, commercial printing, and publication is expected to boost the growth of the market.
Get an idea about the offerings of our report from Report Brochure
Europe to Expand at Fastest Rate in Future
Europe is projected to make the fastest growth in the global TCD alcohol DM market in the coming years. The publication and commercial printing segments are highly developed in European countries and this is expected to further the demand for TCD Alcohol DM in UV inkjet inks. Since the demand is likely to remain high from the packaging market, as this market is thriving, the European TCD alcohol DM market will flourish. North America is also expected to witness a steady growth in the market in the future. Asia Pacific led in 2018, accounting for around 35% of the total market share. Some of the factors attributed to the leading status of Asia Pacific include advancements in electronics industry and rising environmental awareness.
Future Demand for UV Coatings to See an Upward Trend
On the basis of application, the global TCD alcohol DM market is segmented into UV inkjet inks, UV cure coatings, and others. The others segment comprises UV adhesives and optoelectronics. The UV cure coatings segment in 2018 accounted for a massive 45% of the market. The advancements and developments in the electronics industry are behind the growth of the UV coatings market. The market is slated to witness a growth mainly on account of the high demand from Asia Pacific and increasing efforts to encourage the adoption of eco-friendly products. As UV cure coatings offer competitive performance against traditional products, their demand will increase, which is slated to boost the global TCD Alcohol DM in coming years.
Looking for Regional Analysis or Competitive Landscape in TCD Alcohol DM Market, ask for a customized report
Global TCD Alcohol DM Market: Recent Developments
- In July 2019, OXEA GmbH announced that the company has decided to further expand its production capacities for TCD Alcohol to the growing meet market demand. The company expects the additional capacity to be available by the second half of 2021.
TCD Alcohol DM Market – Scope of the Report
Transparency Market Research’s recent report on the global TCD alcohol DM market, with the help of a comprehensive outlook, provides readers with an assessment of the global market landscape. This study on the global TCD alcohol DM market analyzes the market scenario for the period from 2018 to 2027, wherein 2018 is the base year. This report enables readers to make important decisions with regard to their business, with the help of a wealth of information enclosed in the study.
This TMR study on the global TCD alcohol DM market also provides data on developments made by important players and stakeholders operating in the market, along with competition analysis. The report also provides an understanding of strengths, weaknesses, threats, and opportunities, along with market trends and restraints in the competition landscape section.
This study also discusses the underlying trends and the impact of various factors on the global TCD alcohol DM market along with their influence on evolution of the market
This study also offers Porter’s five forces analysis, value chain analysis, and regulatory scenario of the global TCD alcohol DM market, in order to elaborate crucial growth strategies of and opportunities for players operating in the market
Key Questions Answered in Global TCD Alcohol DM Market Report
- How much value does the global TCD alcohol DM market is expected to reach by the end of the forecast period?
- Which segment currently account for the maximum share of the global TCD alcohol DM market?
- What are the key factors expected to drive the global TCD alcohol DM market?
- Which region is likely to be a lucrative market for TCD alcohol DM during the forecast period?
- What are the essential strategies adopted by key players operating in the global TCD alcohol DM market to expand their geographical presence?
- What are major advancements in the global TCD alcohol DM market?
This report answers these questions about the global TCD alcohol DM market, aiding major stakeholders and key players in making the right decisions and strategizing for growth of their business
Global TCD Alcohol DM Market: Research Methodology
This TMR report on the global TCD alcohol DM market is based on a complete and comprehensive evaluation of the market, backed by secondary and primary sources. The competition scenario of the global TCD alcohol DM market is supported by an assessment of different factors that influence the market on a minute and granular level. By thoroughly analyzing the historical data and the current trends, researchers of the global TCD alcohol DM market arrived at predictions and estimations, and calculated the market forecast.
This report uses an analytical triangulation method to estimate the numbers of the global TCD alcohol DM market, by using both bottom-up and top-down approaches
This detailed assessment of the global TCD alcohol DM market, along with an overview of the market, is provided based on a careful examination of avenues related to the market. Analysts’ conclusions on how the global TCD alcohol DM market is set to expand are based on carefully vetted primary and secondary sources.
Global TCD Alcohol DM Market: Segmentation
This report on the global TCD alcohol DM market provides segmentation of the market based on application and region