TCD Alcohol DM Market
REPORT DESCRIPTION
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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