ID: MRFR/CnM/1190-HCR | 144 Pages | Author: Priya Nagrale | May 2023
The UV Adhesives market will cross USD 1.5 billion by 2022 growing at a CAGR of approximately 8.90%.
The UV Adhesives market will cross USD 1.5 billion by 2022 growing at a CAGR of approximately 8.90%. The UV adhesives are useful for structural bonding and temporary bonding tasks. Extensive and precise positioning of the parts is possible through UV adhesives. The exceptional binding properties of these adhesives are suitable for many materials. There are phenolics, glass, metals, plastics, polycarbonates and ceramic binding that are possible with UV adhesives.
There are many benefits of these adhesives. As they are environmental friendly there are versatile uses of this product in many industries. The growing demand for electronics products is surging the need for UV adhesives. High demand in the packaging industry is another driver of this market. The UV adhesives market has various segmentations. There is a resin segment of the market that is gaining more traction among the end-users.
Also, epoxy, silicone and polyethene segments are having more demand. There are growth opportunities for the market from the lamination market. UV adhesives are high-end products that offer a smooth finish. Due to these reasons, the demand for this product in laminating market is rising. Further, regions such as North America and the Asia Pacific are witnessing surging demand. The rising investments from these regions are expected to create more growth.
UV Adhesives Market Size by Application, 2015 (USD Million)
Study Objectives of UV Adhesives Market:
Eurobond adhesives are launching its new product that has special properties and work great for electronics. Within seconds these adhesives can harden with UV lights. Due to its properties, the use of the adhesive is getting popular in the semiconductor market.
Meridian Adhesives Group is a manufacturer of adhesives and sealant products. it is a top manufacturer of epoxy sealants and coatings. The demand for its products is growing among industries. This is expected to increase supply rates.
Arkoma is a company that is launching a new liquid resin. It is a product that is curable in 3D printing. The product is expected to gain more preference in consumer user goods and pharmaceuticals.
The report covers brief analysis of geographical region includes
The report for Global UV Adhesives Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions
|Market Size||2022: USD 1.5 Billion 2030: Significant value|
|Forecast Period||2022 to 2030|
|Historical Data||2019 & 2020|
|Forecast Units||Value (USD Billion)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||By Product Type and By Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||Henkel AG, BASF SE, 3M Company, Ashland, H.B. Fuller, Permabond Engineering Adhesives, Epoxy Technology, Dow Chemical, Bostik, Huntsman Corporation|
|Key Market Opportunities||Glass bonding Electronics Packaging & laminating Medical & pharmaceuticals Industrial application|
|Key Market Drivers||The rising demand of UV adhesives in packaging & laminating industry.|
The UV adhesive market is deemed to achieve USD 1.5 billion by 2030.
The UV adhesive market can record 8.90% CAGR between 2022 and 2030 (Forecast period as per MRFR report)
Which region is slated to grow with the fastest speed for the UV adhesive market?
Companies like BASF SE, Henkel AG, Ashland, 3M Company, Permabond Engineering Adhesives, H.B. Fuller, Dow Chemical, Epoxy Technology, Huntsman Corporation, Bostik, and others have the chance to register a substantial impact on the UV adhesive market.
Glass bonding, electrical & electronics, packaging & laminating, medical & pharmaceuticals, and others are going to play a prominent role in UV adhesive market growth.
Key Questions Answered
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