TCD Alcohol DM Market
REPORT DESCRIPTION
TCD Alcohol DM Market - Global Industry Analysis and Forecast
2015 - 2023
The demand for UV cured adhesives is increasing in flexible packaging and this is anticipated to
boost the global TCD alcohol market. The growing demand for UV cured inks is also slated to push
the growth of the global TCD alcohol market resulting in the market being worth US$19.9 mn by
2023. The market was worth US$10.9 mn in 2014 and is projected to expand at a 7% CAGR from
2015 to 2023 driven by the demand for TDM alcohol for the manufacturing of dimethacrylates.
Dimethacrylates are used in various UV curing applications such as inks, electronics, coatings, and
adhesives, driving the demand for TCD alcohol.
Patent Expiry Could Lead to Backward Integration from Buyers
At present Oxea GmbH is the sole producer of TCD alcohol DM as the technology of producing TCD
alcohol DM is patented by this company. However, with the patent expiry date approaching soon, the
market dynamics is expected to change. The patent expiry is scheduled for 2023, and is projected to
lead to a backward integration from buyers on account of the monopolistic nature of the global TCD
alcohol DM market. However, the threat is expected to be negligible.
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Use of TCD Alcohol DM in Manufacturing High Performance Surface Coatings to Boost
Market
TCD alcohol DM gives enhanced elasticity to final products. It imparts remarkable transparency to
products and are therefore, used in the manufacturing of high performance surface coatings.
However, propriety technology will pose as a major challenge for the TCD alcohol DM market. On a
positive note, the extensive research and development carried out in the field of optoelectronics is
estimated to bode well for the market by creating opportunities of growth in the forthcoming years.
The high demand for flexible packaging, corrugated containers, commercial printing, and publication
is expected to boost the growth of the market.
Europe to Expand at Fastest Rate in Future
Europe is projected to make the fastest growth in the global TCD alcohol DM market in the coming
years. The publication and commercial printing segments are highly developed in European countries
and this is expected to further the demand for TCD Alcohol DM in UV inkjet inks. Since the demand is
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