Market Overview:
The global UV light curing adhesive market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for UV light curing adhesives from various end-use industries, such as aerospace, automobile industry, electrical and electronic, building construction, military and medical treatment. In terms of type, the UV epoxy segment is expected to lead the global UV light curing adhesive market during the forecast period. This can be attributed to its properties such as high strength and resistance to chemicals and solvents.
Product Definition:
UV light curing adhesive is a type of adhesive that hardens or cures when it is exposed to ultraviolet light. This type of adhesive is often used in industrial applications, where it can be used to bond two pieces of metal or plastic together.
UV Epoxy:
UV epoxy is a UV light curing adhesive. It is also referred to as super glue or universal solvent. UV epoxy when activated by ultra-violet (UV) light changes from a liquid to solid form with the properties of adhesives and sealants.
UV Acrylic:
UV acrylic is a type of UV light curing adhesive that utilizes the principle of polymerization initiated by ultra-violet rays. The product is primarily used in the adhesion of two or more substrates, which are usually dissimilar and/or porous. It offers several advantages over conventional hot melt adhesives such as fast curing time, better mechanical strength, and superior environmental resistance.
Application Insights:
The aerospace application segment led the global market in 2017. The growth of this segment can be attributed to the increasing demand for aircraft and helicopters, especially from developing countries such as China and India. These countries are investing heavily in the aerospace sector owing to rapid urbanization, which is expected to increase passenger travel demand over the forecast period.
Automobile industry is another major application area where UV light curing systems are used extensively since last few years due to rising consumer preference for vehicles with better aesthetics at a reasonable cost. Rising disposable income levels coupled with growing per capita income levels have increased automobile sales significantly across various regions including Asia Pacific and North America over recent years. This trend is expected continue over next few years thereby benefitting overall market growth during future phases of analysis since automotive production rate varies from country to country depending on its population size along with other factors such as availability of raw materials & skilled labor etc.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand for UV light curative adhesives from the aerospace and automobile industries. In addition, growing medical treatment and building construction sectors are also likely to propel product demand in this region.
The Asia Pacific is anticipated to emerge as the fastest-growing regional market over the forecast period owing to rapid industrialization, coupled with government initiatives encouraging foreign investments in various sectors including manufacturing, construction, automotive and others. This has resulted into increased adoption of these products across several applications such as aerospace & defense industry; electronics; building & construction materials; medical devices among others.
Growth Factors:
- Increasing demand for UV light curing adhesive in the automotive and aerospace industries due to its high performance and durability.
- Growing demand for UV light curing adhesive from the medical device and electronics industries due to its superior bonding strength and low toxicity.
- Rising popularity of UV light curing adhesive in the construction industry as it offers faster cure times, improved workability, and reduced environmental impact.
- Increasing use of UV light curing adhesive in manufacturing processes as it helps reduce manufacturing costs and improve product quality.
Scope Of The Report
Report Attributes
Report Details
Report Title
UV Light Curing Adhesive Market Research Report
By Type
UV Epoxy, UV Acrylic, UV Silicone, UV Cyanoacrylate, UV Anaerobic
By Application
Aerospace, Automobile Industry, Electrical And Electronic, Building Construction, Military, Medical Treatment
By Companies
Dymax Corporation, Master Bond Inc, Dow Corning, Henkel, Sartomer USA LLC, M, Beacon Adhesives Inc, ITW Devcon, MasterBond, Avery Dennison Corporation, Denka Company Limited
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global UV Light Curing Adhesive Market Report Segments:
The global UV Light Curing Adhesive market is segmented on the basis of:
Types
UV Epoxy, UV Acrylic, UV Silicone, UV Cyanoacrylate, UV Anaerobic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Automobile Industry, Electrical And Electronic, Building Construction, Military, Medical Treatment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dymax Corporation
- Master Bond Inc
- Dow Corning
- Henkel
- Sartomer USA LLC
- M
- Beacon Adhesives Inc
- ITW Devcon
- MasterBond
- Avery Dennison Corporation
- Denka Company Limited
Highlights of The UV Light Curing Adhesive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- UV Epoxy
- UV Acrylic
- UV Silicone
- UV Cyanoacrylate
- UV Anaerobic
- By Application:
- Aerospace
- Automobile Industry
- Electrical And Electronic
- Building Construction
- Military
- Medical Treatment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the UV Light Curing Adhesive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
UV light curing adhesive is a type of adhesives that use ultraviolet (UV) radiation to cure the adhesive. UV light cures the adhesive by breaking down the molecular bonds in the resin, which then forms a permanent bond between the two surfaces.
Some of the key players operating in the uv light curing adhesive market are Dymax Corporation, Master Bond Inc, Dow Corning, Henkel, Sartomer USA LLC, M, Beacon Adhesives Inc, ITW Devcon, MasterBond, Avery Dennison Corporation, Denka Company Limited.
The uv light curing adhesive market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 UV Light Curing Adhesive Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 UV Light Curing Adhesive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 UV Light Curing Adhesive Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the UV Light Curing Adhesive Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global UV Light Curing Adhesive Market Size & Forecast, 2020-2028
4.5.1 UV Light Curing Adhesive Market Size and Y-o-Y Growth
4.5.2 UV Light Curing Adhesive Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 UV Epoxy
5.2.2 UV Acrylic
5.2.3 UV Silicone
5.2.4 UV Cyanoacrylate
5.2.5 UV Anaerobic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automobile Industry
6.2.3 Electrical And Electronic
6.2.4 Building Construction
6.2.5 Military
6.2.6 Medical Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global UV Light Curing Adhesive Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 UV Light Curing Adhesive Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 UV Epoxy
9.6.2 UV Acrylic
9.6.3 UV Silicone
9.6.4 UV Cyanoacrylate
9.6.5 UV Anaerobic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automobile Industry
9.10.3 Electrical And Electronic
9.10.4 Building Construction
9.10.5 Military
9.10.6 Medical Treatment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 UV Epoxy
10.6.2 UV Acrylic
10.6.3 UV Silicone
10.6.4 UV Cyanoacrylate
10.6.5 UV Anaerobic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automobile Industry
10.10.3 Electrical And Electronic
10.10.4 Building Construction
10.10.5 Military
10.10.6 Medical Treatment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 UV Epoxy
11.6.2 UV Acrylic
11.6.3 UV Silicone
11.6.4 UV Cyanoacrylate
11.6.5 UV Anaerobic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automobile Industry
11.10.3 Electrical And Electronic
11.10.4 Building Construction
11.10.5 Military
11.10.6 Medical Treatment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 UV Epoxy
12.6.2 UV Acrylic
12.6.3 UV Silicone
12.6.4 UV Cyanoacrylate
12.6.5 UV Anaerobic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automobile Industry
12.10.3 Electrical And Electronic
12.10.4 Building Construction
12.10.5 Military
12.10.6 Medical Treatment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 UV Epoxy
13.6.2 UV Acrylic
13.6.3 UV Silicone
13.6.4 UV Cyanoacrylate
13.6.5 UV Anaerobic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automobile Industry
13.10.3 Electrical And Electronic
13.10.4 Building Construction
13.10.5 Military
13.10.6 Medical Treatment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 UV Light Curing Adhesive Market: Competitive Dashboard
14.2 Global UV Light Curing Adhesive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dymax Corporation
14.3.2 Master Bond Inc
14.3.3 Dow Corning
14.3.4 Henkel
14.3.5 Sartomer USA LLC
14.3.6 M
14.3.7 Beacon Adhesives Inc
14.3.8 ITW Devcon
14.3.9 MasterBond
14.3.10 Avery Dennison Corporation
14.3.11 Denka Company Limited
