TCD Alcohol DM market was valued at US$10.9 mn in 2014 and is anticipated to reach US$19.9 mn by 2023, expanding at a CAGR of 7.0% between 2015 and 2023
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TCD Alcohol DM Market - Global Industry Analysis,Trends and Forecast 2023
1. Transparency Market
Research
TCD Alcohol DM Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2015 - 2023
Global TCD Alcohol DM Market Poised to Reach US$19.9 mn by
2023
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Published Date
07-Jan-2016
56 Page Report
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Press Release
2. TCD Alcohol DM Market
TCD Alcohol DM Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 -
2023
Transparency Market Research has published a new market report titled “TCD Alcohol DM Market
- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to
the report, the global TCD Alcohol DM market was valued at US$10.9 mn in 2014 and is
anticipated to reach US$19.9 mn by 2023, expanding at a CAGR of 7.0% between 2015 and
2023.
Tricyclodecanedimethanol Alcohol (TCD Alcohol DM) is a colorless, highly viscous substance at
room temperature with a characteristic odor. It is sparingly soluble in aliphatic, aromatic
hydrocarbons, and water.
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TCD Alcohol DM is miscible with the usual polar organic solvents; however, one of the primary
isomers may tend to crystallize during the storage of such mixtures. TCD Alcohol DM is used in
the production of dimethacrylates that are used in UV curing applications such as inks,
adhesives, coatings, and electronics.
Rising demand for UV cured adhesives in flexible packaging is expected to drive the global TCD
Alcohol DM market during the forecast period. Additionally, increasing demand for UV cured inks
is expected to fuel the market growth in the near future. Proprietary technology is a major
restraint for the global TCD Alcohol DM market. Furthermore, research and development in the
optoelectronics sector is expected to open new avenues for the global TCD Alcohol DM market in
the near future.
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REPORT DESCRIPTION
3. TCD Alcohol DM Market
The UV cure coatings segment dominated the global TCD Alcohol DM market in 2014 in terms of
volume, accounting for nearly 45% share. Significant growth in the UV cure coatings market
owing to the proliferating electronics industry is expected to drive demand for TCD Alcohol DM
during the forecast period.
In terms of volume, Asia Pacific dominated the global TCD Alcohol DM market, accounting for
more than 35% in 2014. Asia Pacific is expected to be the fastest-growing segment during the
forecast period owing to increasing environmental awareness coupled with growth in the
electronics industry in China, Japan, and South Korea. Rising demand in industrial coating in
Europe is expected to drive the TCD Alcohol DM market in this region in the near future. North
America is expected to exhibit above-average growth in the TCD Alcohol DM market during the
forecast period owing to rising growth in the UV inkjet inks industry in this region.
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Oxea GmbH, a global supplier of solvents, polyols, and oxo derivatives such as carboxylic acids,
olefin derivative, and alkylamines, manufactures TCD Alcohol DM. It is the sole producer of TCD
Alcohol DM in the market. The technology of producing TCD Alcohol DM is patented by this
company. Dynamics of the TCD Alcohol DM market are expected to change once the patent
expires by 2023. There is negligible threat of backward integration from buyers due to
monopolistic nature of the market.
The report segments the TCD Alcohol DM market as follows:
TCD Alcohol DM Market – Application Analysis
• UV cure coatings
• UV inkjet inks
• Others (Including UV Adhesives, Optoelectronics, etc.)
TCD Alcohol DM Market - Regional Analysis
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4. TCD Alcohol DM Market
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa (MEA)
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