Global Photoinitiator Market Research Report 2023(Status and Outlook)

Global Photoinitiator Market Research Report 2023(Status and Outlook)

Report Overview

Photoinitiator, known as a photosensitizer or the photocuring agent, it is a type of compound which is capable of absorbing energy of certain wavelengths in the ultraviolet region (250 ~ 420nm) or in the visible region (400 ~ 800nm) to generate free radicals, cations, giving rise to a crosslinking and polymerization of the monomer. Photoinitiator is a key component of light-curing materials, which plays a decisive role to the light curing speed.

The Global Photoinitiator Market Size was estimated at USD 919.20 million in 2022 and is projected to reach USD 1409.75 million by 2029, exhibiting a CAGR of 6.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Photoinitiator market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Photoinitiator Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Photoinitiator market in any manner.

Global Photoinitiator Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

IGM Resins

Tianjin Jiuri New Materials


Hubei Gurun



Zhejiang Yangfan New Materials

Jinkangtai Chemical




Kurogane Kasei

Market Segmentation (by Type)

Free-radical Type Photoinitiator

Cationic Type Photoinitiator

Market Segmentation (by Application)

Commercial Aviation

General Aviation

Military Aviation

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Photoinitiator Market

Overview of the regional outlook of the Photoinitiator Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Photoinitiator
1.2 Key Market Segments
1.2.1 Photoinitiator Segment by Type
1.2.2 Photoinitiator Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Photoinitiator Market Overview
2.1 Global Market Overview
2.1.1 Global Photoinitiator Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Photoinitiator Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Photoinitiator Market Competitive Landscape
3.1 Global Photoinitiator Sales by Manufacturers (2018-2023)
3.2 Global Photoinitiator Revenue Market Share by Manufacturers (2018-2023)
3.3 Photoinitiator Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Photoinitiator Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Photoinitiator Sales Sites, Area Served, Product Type
3.6 Photoinitiator Market Competitive Situation and Trends
3.6.1 Photoinitiator Market Concentration Rate
3.6.2 Global 5 and 10 Largest Photoinitiator Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Photoinitiator Industry Chain Analysis
4.1 Photoinitiator Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Photoinitiator Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Photoinitiator Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Photoinitiator Sales Market Share by Type (2018-2023)
6.3 Global Photoinitiator Market Size Market Share by Type (2018-2023)
6.4 Global Photoinitiator Price by Type (2018-2023)
7 Photoinitiator Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Photoinitiator Market Sales by Application (2018-2023)
7.3 Global Photoinitiator Market Size (M USD) by Application (2018-2023)
7.4 Global Photoinitiator Sales Growth Rate by Application (2018-2023)
8 Photoinitiator Market Segmentation by Region
8.1 Global Photoinitiator Sales by Region
8.1.1 Global Photoinitiator Sales by Region
8.1.2 Global Photoinitiator Sales Market Share by Region
8.2 North America
8.2.1 North America Photoinitiator Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Photoinitiator Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Photoinitiator Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Photoinitiator Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Photoinitiator Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 IGM Resins
9.1.1 IGM Resins Photoinitiator Basic Information
9.1.2 IGM Resins Photoinitiator Product Overview
9.1.3 IGM Resins Photoinitiator Product Market Performance
9.1.4 IGM Resins Business Overview
9.1.5 IGM Resins Photoinitiator SWOT Analysis
9.1.6 IGM Resins Recent Developments
9.2 Tianjin Jiuri New Materials
9.2.1 Tianjin Jiuri New Materials Photoinitiator Basic Information
9.2.2 Tianjin Jiuri New Materials Photoinitiator Product Overview
9.2.3 Tianjin Jiuri New Materials Photoinitiator Product Market Performance
9.2.4 Tianjin Jiuri New Materials Business Overview
9.2.5 Tianjin Jiuri New Materials Photoinitiator SWOT Analysis
9.2.6 Tianjin Jiuri New Materials Recent Developments
9.3 Tronly
9.3.1 Tronly Photoinitiator Basic Information
9.3.2 Tronly Photoinitiator Product Overview
9.3.3 Tronly Photoinitiator Product Market Performance
9.3.4 Tronly Business Overview
9.3.5 Tronly Photoinitiator SWOT Analysis
9.3.6 Tronly Recent Developments
9.4 Hubei Gurun
9.4.1 Hubei Gurun Photoinitiator Basic Information
9.4.2 Hubei Gurun Photoinitiator Product Overview
9.4.3 Hubei Gurun Photoinitiator Product Market Performance
9.4.4 Hubei Gurun Business Overview
9.4.5 Hubei Gurun Photoinitiator SWOT Analysis
9.4.6 Hubei Gurun Recent Developments
9.5 Arkema
9.5.1 Arkema Photoinitiator Basic Information
9.5.2 Arkema Photoinitiator Product Overview
9.5.3 Arkema Photoinitiator Product Market Performance
9.5.4 Arkema Business Overview
9.5.5 Arkema Photoinitiator SWOT Analysis
9.5.6 Arkema Recent Developments
9.6 DBC
9.6.1 DBC Photoinitiator Basic Information
9.6.2 DBC Photoinitiator Product Overview
9.6.3 DBC Photoinitiator Product Market Performance
9.6.4 DBC Business Overview
9.6.5 DBC Recent Developments
9.7 Zhejiang Yangfan New Materials
9.7.1 Zhejiang Yangfan New Materials Photoinitiator Basic Information
9.7.2 Zhejiang Yangfan New Materials Photoinitiator Product Overview
9.7.3 Zhejiang Yangfan New Materials Photoinitiator Product Market Performance
9.7.4 Zhejiang Yangfan New Materials Business Overview
9.7.5 Zhejiang Yangfan New Materials Recent Developments
9.8 Jinkangtai Chemical
9.8.1 Jinkangtai Chemical Photoinitiator Basic Information
9.8.2 Jinkangtai Chemical Photoinitiator Product Overview
9.8.3 Jinkangtai Chemical Photoinitiator Product Market Performance
9.8.4 Jinkangtai Chemical Business Overview
9.8.5 Jinkangtai Chemical Recent Developments
9.9 NewSun
9.9.1 NewSun Photoinitiator Basic Information
9.9.2 NewSun Photoinitiator Product Overview
9.9.3 NewSun Photoinitiator Product Market Performance
9.9.4 NewSun Business Overview
9.9.5 NewSun Recent Developments
9.10 Eutec
9.10.1 Eutec Photoinitiator Basic Information
9.10.2 Eutec Photoinitiator Product Overview
9.10.3 Eutec Photoinitiator Product Market Performance
9.10.4 Eutec Business Overview
9.10.5 Eutec Recent Developments
9.11 Polynaisse
9.11.1 Polynaisse Photoinitiator Basic Information
9.11.2 Polynaisse Photoinitiator Product Overview
9.11.3 Polynaisse Photoinitiator Product Market Performance
9.11.4 Polynaisse Business Overview
9.11.5 Polynaisse Recent Developments
9.12 Kurogane Kasei
9.12.1 Kurogane Kasei Photoinitiator Basic Information
9.12.2 Kurogane Kasei Photoinitiator Product Overview
9.12.3 Kurogane Kasei Photoinitiator Product Market Performance
9.12.4 Kurogane Kasei Business Overview
9.12.5 Kurogane Kasei Recent Developments
10 Photoinitiator Market Forecast by Region
10.1 Global Photoinitiator Market Size Forecast
10.2 Global Photoinitiator Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Photoinitiator Market Size Forecast by Country
10.2.3 Asia Pacific Photoinitiator Market Size Forecast by Region
10.2.4 South America Photoinitiator Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Photoinitiator by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Photoinitiator Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Photoinitiator by Type (2024-2029)
11.1.2 Global Photoinitiator Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Photoinitiator by Type (2024-2029)
11.2 Global Photoinitiator Market Forecast by Application (2024-2029)
11.2.1 Global Photoinitiator Sales (K MT) Forecast by Application
11.2.2 Global Photoinitiator Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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