PHOTOPOLYMER MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global photopolymer market is estimated to be valued at USD 3.17 Bn in 2024, exhibiting a compound annual growth rate (CAGR) of 10.5% from 2024 to 2031. Photopolymer is a light-sensitive polymer that undergoes a chemical change when exposed to light, usually in the visible or ultraviolet regions of the spectrum. This change allows the creation of patterns by selectively exposing different areas of the polymer to light through a photomask. Photopolymers are commonly used in the etching and lithography processes to selectively add or remove material from a surface. Increasing applications of photopolymers across industries such as electronics, healthcare, 3D printing, and graphic arts can drive the global photopolymer market growth. Growing demand for miniaturization of electronic components has boosted the demand for these precise polymers that allow high-resolution patterning. However, environmental concerns around the usage of some photopolymers can hamper the market growth.

 Market Dynamics:

Global photopolymer market growth is driven by factors such as growing demand from the printed electronics and 3D printing industries. Photopolymers provide unique properties that enable product miniaturization, which is essential for printed electronics. Moreover, wide use of photopolymers in graphic arts applications such as flexography and offset lithography can drive the market growth. However, health hazards associated with certain photopolymers can hamper the market growth. The development of bio-based or eco-friendly photopolymers can offer opportunities for market players.

 Key Features of the Study:

• This report provides in-depth analysis of the global photopolymer market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global photopolymer market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Henkel AG & Co. KGaA, Arkema, Stratasys, BASF SE, Keystone Industries, Formlabs, Carbon, Inc., Evonik Industries AG, Liqcreate, ANYCUBIC Technology Co., Ltd., RAHN AG, polySpectra, MacDermid Graphics Solutions, FIP FLEXO, VGD BLOCKS
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global photopolymer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global photopolymer market

Detailed Segmentation

• By Technology:
• • Digital Light Processing (DLP)
  • Stereolithography (SLA)
  • Continuous Digital Light Processing (cDLP)
• By Performance:
• • Low Performance
  • Mid Performance
  • High Performance
• By Application:
• • Dental
  • Medical
  • Audiology
  • Jewelry
  • Automotive
  • Consumer Goods
  • Others
• By Region
• • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles:
• • Henkel AG & Co. KGaA
  • Arkema
  • Stratasys
  • BASF SE
  • Keystone Industries
  • Formlabs
  • Carbon, Inc.
  • Evonik Industries AG
  • Liqcreate
  • ANYCUBIC Technology Co., Ltd.
  • RAHN AG
  • polySpectra
  • MacDermid Graphics Solutions
  • FIP FLEXO
  • VGD BLOCKS