Waterborne UV Curable Resin Market Forecasted to Reach US$ 1.6 Billion by 2034
The waterborne UV curable resin market had an estimated market size of US$ 346.6 million in 2023 and is expected to reach a global market size of US$ 1.6 billion by 2034, increasing at a CAGR of 14.6% between 2024 and 2034. By 2024, the market for waterborne UV curable resin is likely to reach a valuation of US$ 401.7 million.
Another factor driving the worldwide waterborne UV curable resin market is increased consumer and company awareness of sustainability as well as environmental responsibility. Waterborne UV curable resins, which provide environmentally benign substitutes for conventional solvent-based coatings and are in line with sustainable business practices and preferences, are becoming more and more popular as a result of this expanding consciousness.
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