Photoinitiator 369, or 2-Benzyl-2-(dimethylamino)-1-[4-(4-morpholinyl)phenyl]-1-butanone (CAS No. 119313-12-1), is a versatile photoinitiator prized for its efficacy in UV-curable inks and coatings. Its white to pale yellow powder form enables polymerization in both clear and pigmented systems, often compounded with photoinitiators like 184, 651, 907, or ITX. Despite its strengths, its CMR Category 1B classification by ECHA limits its use in Europe. The global market for Photoinitiator 369 is forecasted to reach USD 18 million to USD 36 million by 2030, with a CAGR of 2.5% to 4.5%.
This product will be delivered within 1-3 business days.
Regional Market Trends
Asia-Pacific dominates, with China leading through production and consumption, supported by a 3,500-ton capacity from Zhejiang Yangfan New Materials Co. Ltd. The region expects a CAGR of 3.0% to 5.0%. Europe’s growth, at a CAGR of 1.5% to 3.5%, is constrained by regulatory limits, while North America projects a CAGR of 2.0% to 4.0%, driven by the United States.Application Trends and Growth
- UV Ink: Steady growth at a CAGR of 2.5% to 4.5% supports printing and packaging needs.
- UV Coating: Moderate expansion at a CAGR of 2.0% to 4.0% reflects industrial demand.
- Others: Niche applications grow at a CAGR of 2.0% to 4.0%.
Key Market Players
- Zhejiang Yangfan New Materials Co. Ltd.: A top producer with a 3,500-ton capacity.
- IGM Resins: A global innovator in photoinitiators.
- BASF: A leader in quality and sustainability.
- Tianjin Jiuri New Materials Co. Ltd.: A key Chinese supplier.
Porter Five Forces Analysis
- Threat of New Entrants: Low. High barriers prevail.
- Bargaining Power of Suppliers: Moderate. Specialized inputs limit options.
- Bargaining Power of Buyers: High. Buyers demand quality and alternatives.
- Threat of Substitutes: Moderate. Alternatives face similar regulatory issues.
- Industry Rivalry: Moderate. Focus on quality and compliance.
Opportunities and Challenges
Opportunities:
Growth in UV-curable applications in Asia-Pacific.Challenges:
Regulatory restrictions and competition from substitutes.This product will be delivered within 1-3 business days.
Table of Contents
Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
Chapter 4 Market Landscape
Chapter 5 Market Trend Analysis
Chapter 6 Industry Chain Analysis
Chapter 7 Latest Market Dynamics
Chapter 8 Trading Analysis
Chapter 9 Historical and Forecast Photoinitiator 369 (Cas No. 119313-12-1) Market in North America (2020-2030)
Chapter 10 Historical and Forecast Photoinitiator 369 (Cas No. 119313-12-1) Market in South America (2020-2030)
Chapter 11 Historical and Forecast Photoinitiator 369 (Cas No. 119313-12-1) Market in Asia & Pacific (2020-2030)
Chapter 12 Historical and Forecast Photoinitiator 369 (Cas No. 119313-12-1) Market in Europe (2020-2030)
Chapter 13 Historical and Forecast Photoinitiator 369 (Cas No. 119313-12-1) Market in MEA (2020-2030)
Chapter 14 Summary For Global Photoinitiator 369 (Cas No. 119313-12-1) Market (2020-2025)
Chapter 15 Global Photoinitiator 369 (Cas No. 119313-12-1) Market Forecast (2025-2030)
Chapter 16 Analysis of Global Key Vendors
List of Tables and Figures
Companies Mentioned
- Zhejiang Yangfan New Materials Co. Ltd
- IGM Resins
- BASF
- Tianjin Jiuri New Materials Co. Ltd.
