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Global Photoacid Generator PAGs Market by Type (Photoinitiator, UV Absorbing Agent, Other), By Application (Electronic Materials, Medical, Paints & Coating, Adhesive, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

  • Report ID: CM-11941
  • Author: Up Market Research
  • Rating: 4.9
  • Total Reviews: 59
  • No. Of Pages: 212
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  • Pub. Date: 2021-04-04
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The Global Photoacid Generator PAGs Market size is projected to reach USD X.XX billion by 2028, growing at a CAGR of 5% from 2016-2028. North America will continue to dominate the global photoacid generator PAGs market due to its high demand in the electronic materials application segment and the presence of major players such as Sartomer Company, BASF SE, and Dow Chemical Company in the region.



PAGs are chemicals that can generate an acid, usually a very strong one. In the presence of water and light (whether from natural or artificial sources), PAGs release protons into their surroundings to break chemical bonds in molecules such as proteins, DNA, and other biological materials. Some of the most common examples of photoacid generators (PAGs) are triaryl sulfonium and diaryliodonium salts. PAGs can be organic or inorganic species, which upon ultraviolet (UV) illumination produce anions that initiate polymerization by splitting off protons from a tertiary amine to generate acid.



On the basis of Type, the global photoacid generator PAGs market is segmented into Photoinitiator, UV Absorbing Agent, and Other.



Photoinitiator:

A photoinitiator type of PAG is a compound that produces free radicals on exposure to light. Free radicals are unstable atoms or molecules with unpaired electrons in the outer orbital, which act as reactive species and participate in further chemical reactions. When they react with PAGs, they start the polymerization process. Some of the most commonly used photoinitiators are benzophenone, camphorquinone, and phenyl benzoate. They are usually added to monomers in very small amounts (less than 0.01%) to initiate the polymerization reaction. Photoinitiators are also classified into two types: thermal and UV-initiated. Thermal initiators react with the monomer in the presence of heat, whereas UV-initiated initiators start the polymerization reaction when they come in contact with light.



UV Absorbing Agent:

The UV Absorbing Agent type of photoacid generator PAGs is a compound that absorbs ultraviolet radiation. This agent helps to protect other substances from the harmful effects of UV light. It is often used in products such as sunscreens, cosmetics, and pharmaceuticals. Some common examples include avobenzone, oxybenzone, and octocrylene. Without this agent, the resist would be degraded and unable to form a pattern during lithography. By using a UV absorbing agent, the photoacid generator PAG can provide greater protection for the resist and improve the overall lithography process.



On the basis of Application, the global photoacid generator PAGs market is segmented into Electronic Materials, Medical, Paints & Coating, Adhesive and Other.



Electronic Materials:

Photoacid generator PAGs are used in Electronic Materials as an initiator for the photo-polymerization of acrylates. It is also used as a crosslinker to improve the mechanical properties and thermal stability of the polymer network. Additionally, it helps to reduce the shrinkage on curing and improves dimensional stability. Photoacid generator PAGs are also used as a photo-initiator for the free radical polymerization of acrylates.



Medical:

Photoacid generator PAGs are used in the medical industry to polymerize the monomers. These polymers are then used for the fabrication of medical devices and implants. The photoinitiators initiate the photopolymerization process by providing energy to the system which helps in the formation of covalent bonds between molecules. This eventually forms a three-dimensional polymer network throughout the material. The products in the medical industry are commonly used in a number of applications such as implants, surgical equipment, and dental restoratives.



Paints & Coating:

Photoacid generator PAGs are mainly used in the production of coatings and paints. In this industry, photoacid generators are used to activate monomers that form into polymers. These polymers will then bind together to form a coating or paint film. The use of photoacid generators helps to improve the properties of these films, such as their mechanical strength, resistance to abrasion, and chemical resistance. In addition, photoacid generators can also be used to improve the color and appearance of coatings and paints.



Adhesive:

Photoacid Generator PAGs are used as an initiator in the adhesive industry for cationic polymerization. It is also used as a cross-linking agent to improve the adhesion between substrates. Photoacid generators can generate acid under UV light, which helps in accelerating the reaction and improves the final properties of adhesive products. Some of the advantages offered by photoacid generators in the adhesive industry are good adhesion, chemical resistance, heat resistance, and high flexibility. It also helps to reduce the surface energy and has good compatibility with other adhesive components such as fillers, plasticizers, tackifiers, and pigments.



On the basis of Region, the global photoacid generator PAGs market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is estimated to account for the largest share in the global photoacid generator PAGs market owing to high demand from end-use industries such as electronic materials and medical applications. The U.S., followed by Mexico is expected to be major consumers of photoacid generator PAGs in the region.

Latin America is estimated to be the second-largest market for photoacid generator PAGs, owing to high demand from end-use industries such as paints and coatings and adhesive applications. Brazil is expected to account for a significant share of the regional market. Europe is estimated to hold the third-largest share in the global photoacid generator PAGs market, owing to high demand from end-use industries such as medical and electronic materials. Germany is expected to be a key consumer of photoacid generator PAGs in the region followed by Italy.

The Asia Pacific is estimated to be the fastest-growing market for photoacid generator PAGs, owing to the high demand from end-use industries such as paints and coatings, medical and electronic materials. Japan is expected to account for a major share of the regional market. The Middle East & Africa is projected to be the smallest market for photoacid generator PAGs during the forecast period. However, the market is expected to register a healthy growth rate owing to increasing demand from end-use industries such as paints and coatings and medical.



Growth Factors For The Global Photoacid Generator PAGs Market:

The factors of growth for the global photoacid generator PAGs market are the increase in the demand for UV curing, the growth of the medical industry, and the increasing use of PAGs in electronics. Further, the growth factors for the global photoacid generator PAGs market are increasing demand from end-use industries, technological advancements, and rising awareness among consumers about the benefits of using photoacid generators.



Up Market Research published a new report titled “Photoacid Generator PAGs Market research report which is segmented by Types (Photoinitiator, UV Absorbing Agent, Other), By Applications (Electronic Materials, Medical, Paints & Coating, Adhesive, Other), By Players/Companies Heraeus, Toyo Gosei, Wako Specialty Chemicals, Nippon Carbide Industries, San-Apro, Chembridge International, Changzhou Tronly New Electronic Materials”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

 

Report Scope

Report Attributes Report Details
Report Title Photoacid Generator PAGs Market Research Report
By Type Photoinitiator, UV Absorbing Agent, Other
By Application Electronic Materials, Medical, Paints & Coating, Adhesive, Other
By Companies Heraeus, Toyo Gosei, Wako Specialty Chemicals, Nippon Carbide Industries, San-Apro, Chembridge International, Changzhou Tronly New Electronic Materials
Regions Covered North America, Europe, APAC, Latin America, MEA
Base Year 2020
Historical Year 2018 to 2019 (Data from 2010 can be provided as per availability)
Forecast Year 2028
Number of Pages 212
Number of Tables & Figures 149
Customization Available Yes, the report can be customized as per your need.
 

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.


Global Photoacid Generator PAGs Industry Outlook
 

Global Photoacid Generator PAGs Market Report Segments:

The market is segmented by Type Photoinitiator, UV Absorbing Agent, Other and By Application Electronic Materials, Medical, Paints & Coating, Adhesive, Other.

 

Some of the companies that are profiled in this report are:

  1. Heraeus
  2. Toyo Gosei
  3. Wako Specialty Chemicals
  4. Nippon Carbide Industries
  5. San-Apro
  6. Chembridge International
  7. Changzhou Tronly New Electronic Materials
 

Photoacid Generator PAGs Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

 

Key Benefits for Industry Participants & Stakeholders:

  • 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 Photoacid Generator PAGs Market
 

Overview of the regional outlook of the Photoacid Generator PAGs Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.


Photoacid Generator PAGs Market Overview
 

Highlights of The Photoacid Generator PAGs Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Photoacid Generator PAGs Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2028.
  5. Developments and trends in the market.
  6. By Type:

                1. Photoinitiator

                2. UV Absorbing Agent

                3. Other

       7. By Application:

                1. Electronic Materials

                2. Medical

                3. Paints & Coating

                4. Adhesive

                5. Other

  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.
 

We have studied the Photoacid Generator PAGs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

 

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Photoacid Generator PAGs Market Statistics
 

Reasons to Purchase the Photoacid Generator PAGs Market Report:

  • The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
  • Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
  • Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
  • The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
  • Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Photoacid Generator PAGs Market Overview
   4.1 Introduction 
      4.1.1 Market Taxonomy 
      4.1.2 Market Definition 
      4.1.3 Macro-Economic Factors Impacting the Market Growth 
   4.2 Photoacid Generator PAGs Market Dynamics 
      4.2.1 Market Drivers 
      4.2.2 Market Restraints 
      4.2.3 Market Opportunity 
   4.3 Photoacid Generator PAGs Market - Supply Chain Analysis 
      4.3.1 List of Key Suppliers 
      4.3.2 List of Key Distributors 
      4.3.3 List of Key Consumers 
   4.4 Key Forces Shaping the Photoacid Generator PAGs Market 
      4.4.1 Bargaining Power of Suppliers 
      4.4.2 Bargaining Power of Buyers 
      4.4.3 Threat of Substitution 
      4.4.4 Threat of New Entrants 
      4.4.5 Competitive Rivalry 
   4.5 Global Photoacid Generator PAGs Market Size & Forecast, 2018-2028 
      4.5.1 Photoacid Generator PAGs Market Size and Y-o-Y Growth 
      4.5.2 Photoacid Generator PAGs Market Absolute $ Opportunity 


Chapter 5 Global Photoacid Generator PAGs Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2 Photoacid Generator PAGs Market Size Forecast by Type
      5.2.1 Photoinitiator
      5.2.2 UV Absorbing Agent
      5.2.3 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Photoacid Generator PAGs Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2 Photoacid Generator PAGs Market Size Forecast by Applications
      6.2.1 Electronic Materials
      6.2.2 Medical
      6.2.3 Paints & Coating
      6.2.4 Adhesive
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Photoacid Generator PAGs Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Photoacid Generator PAGs Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America Photoacid Generator PAGs Analysis and Forecast
   9.1 Introduction
   9.2 North America Photoacid Generator PAGs Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America Photoacid Generator PAGs Market Size Forecast by Type
      9.6.1 Photoinitiator
      9.6.2 UV Absorbing Agent
      9.6.3 Other
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America Photoacid Generator PAGs Market Size Forecast by Applications
      9.10.1 Electronic Materials
      9.10.2 Medical
      9.10.3 Paints & Coating
      9.10.4 Adhesive
      9.10.5 Other
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe Photoacid Generator PAGs Analysis and Forecast
   10.1 Introduction
   10.2 Europe Photoacid Generator PAGs Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe Photoacid Generator PAGs Market Size Forecast by Type
      10.6.1 Photoinitiator
      10.6.2 UV Absorbing Agent
      10.6.3 Other
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe Photoacid Generator PAGs Market Size Forecast by Applications
      10.10.1 Electronic Materials
      10.10.2 Medical
      10.10.3 Paints & Coating
      10.10.4 Adhesive
      10.10.5 Other
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific Photoacid Generator PAGs Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Photoacid Generator PAGs Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific Photoacid Generator PAGs Market Size Forecast by Type
      11.6.1 Photoinitiator
      11.6.2 UV Absorbing Agent
      11.6.3 Other
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific Photoacid Generator PAGs Market Size Forecast by Applications
      11.10.1 Electronic Materials
      11.10.2 Medical
      11.10.3 Paints & Coating
      11.10.4 Adhesive
      11.10.5 Other
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America Photoacid Generator PAGs Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Photoacid Generator PAGs Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America Photoacid Generator PAGs Market Size Forecast by Type
      12.6.1 Photoinitiator
      12.6.2 UV Absorbing Agent
      12.6.3 Other
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America Photoacid Generator PAGs Market Size Forecast by Applications
      12.10.1 Electronic Materials
      12.10.2 Medical
      12.10.3 Paints & Coating
      12.10.4 Adhesive
      12.10.5 Other
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA) Photoacid Generator PAGs Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Photoacid Generator PAGs Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA) Photoacid Generator PAGs Market Size Forecast by Type
      13.6.1 Photoinitiator
      13.6.2 UV Absorbing Agent
      13.6.3 Other
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA) Photoacid Generator PAGs Market Size Forecast by Applications
      13.10.1 Electronic Materials
      13.10.2 Medical
      13.10.3 Paints & Coating
      13.10.4 Adhesive
      13.10.5 Other
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Photoacid Generator PAGs Market: Competitive Dashboard
   14.2 Global Photoacid Generator PAGs Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Heraeus
      14.3.2 Toyo Gosei
      14.3.3 Wako Specialty Chemicals
      14.3.4 Nippon Carbide Industries
      14.3.5 San-Apro
      14.3.6 Chembridge International
      14.3.7 Changzhou Tronly New Electronic Materials
Segments Covered in the Report
The global Photoacid Generator PAGs market has been segmented based on

By Types
  • Photoinitiator
  • UV Absorbing Agent
  • Other
By Applications
  • Electronic Materials
  • Medical
  • Paints & Coating
  • Adhesive
  • Other
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Heraeus
  • Toyo Gosei
  • Wako Specialty Chemicals
  • Nippon Carbide Industries
  • San-Apro
  • Chembridge International
  • Changzhou Tronly New Electronic Materials

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