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Lucintel: Global Photoinitiators Market to Reach an Estimated $1.3 Billion by 2023

Key markets include the packaging, automotive and electronic industries.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

According to Lucintel’s March 2018 report, “Photoinitiator Market Report: Trends, Forecast and Competitive Analysis Published,” the future of the global photoinitiators market looks promising with opportunities in paints, inks, and adhesives.   The global photoinitiators market is expected to reach an estimated $1,294.4 million by 2023 and it is forecast to grow at a CAGR of 8.5% from 2018 to 2023. The major growth drivers for this market are increasing demand for photoinitiators in packaging,...

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